Egypt’s Global Telecom has restated its results for last year, increasing its net loss to 20 billion …
Tag:
Naguib Sawiris
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Egypt News
Egyptian Social Democratic Party Members Join Sawiris’ Party
by Yomna Yasserby Yomna YasserEgypt’s liberal Free Egyptians Party (FEP), founded by business tycoon Naguib Sawiris, announced on Sunday that 31 …
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The Egyptian tycoon and founder of Orascom Group, Naguib Sawiris, is planning to inject huge investments in …
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Russia’s Vimpelcom has resolved a long-running dispute with the Algerian government by selling it a majority stake …
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Industry & Trade
Egypt Ranks Second in World’s Richest Arabs List: Forbes Middle East
by Yomna Yasserby Yomna YasserEgypt has landed in second place in the World’s Richest Arabs list made by Forbes Middle East, …
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Tech news
Sawiris Says Ready to Invest $1-2 billion in Telecom Italia-Paper
by Yomna Yasserby Yomna YasserEgyptian billionaire Naguib Sawiris is ready to invest USD 1 to USD 2 bln in Telecom Italia …
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Blogging
The Real Reason Egypt Is Obsessed with Putting Its Military Leader on Everything
by Yomna Yasserby Yomna YasserHow much do you love Field Marshal Abdel Fattah El-Sisi? Don’t answer that —– take it instead …
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Orascom Construction Industries S.A.E. has suspended payment of a Dec. 31 installment of a 7.1 billion Egyptian …
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Industry & Trade
Egypt: OCI’s Referral to Prosecution is ‘Inevitable’ over EGP900mn Tax Arrears
by Yomna Yasserby Yomna YasserThe decision to refer Orascom Construction Industries (OCI) – which is owned by Egyptian business tycoon Nassef …
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Industry & Trade
Egypt: Sawiris’ OCI Declines to Pay EGP900mn Tax Arrears
by Yomna Yasserby Yomna YasserEgyptian Tax Authority (ETA) has referred to the country’s public prosecution a cheque issued by Orascom Construction …