Egypt’s Orascom Telecom (OTMT), owned by the country’s business tycoon Naguib Sawiris, has signed Monday a strategic …
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Naguib Sawiris
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Banks
Sawiris’ OTMT committed to confront all obstacles to acquire CI Capital
by Yomna Yasserby Yomna YasserOrascom Telecom (OTMT), owned by Egyptian billionaire Naguib Sawiris, is committed to confronting all obstacles that it …
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Banks
Beltone acquisition of CI Capital pending until court case resolved: market watchdog
by Yomna Yasserby Yomna YasserThe head of Egypt’s market regulatory body said Wednesday that Beltone Financial’s acquisition of CI Capital would …
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A deal led by Egyptian billionaire Naguib Sawiris’s Orascom Telecom to acquire CI Capital, the investment arm …
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Egypt’s main index EGX30 fell 0.9 percent Sunday to 7,480 points, almost erasing last week’s gains due …
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Banks
Sawiris says CI Capital acquisition stalled by national security
by Yomna Yasserby Yomna YasserEgyptian business tycoon Naguib Sawiris said Sunday his bid to acquire CI Capital, the investment arm of …
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Banks
Morocco’s Attijariwafa Bank plans bid to buy Barclays’ Egypt unit
by Yomna Yasserby Yomna YasserAttijariwafa Bank, Morocco’s largest bank by assets, is planning to bid for the Egyptian operations of Barclays, …
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Tech news
Egyptian mobile operator Mobinil officially rebranded to Orange
by Yomna Yasserby Yomna YasserOrange (NYSE: FTE) has officially launched as a brand in Egypt Tuesday, becoming the French giant’s largest …
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Egyptian billionaire businessman Naguib Sawiris has expressed readiness to buy Barclays’ Egyptian unit, following the UK lender’s …
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Banks
Egyptian tycoon Sawiris plans to set up Luxembourg-based SME bank
by Yomna Yasserby Yomna YasserEgyptian billionaire businessman Naguib Sawiris plans to invest €50 million ($55 million) to establish a bank in …