Egyptian tycoon Naguib Sawiris, whose family controls the sprawling Orascom corporate empire, says he and his brothers …
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Naguib Sawiris
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A subsidiary of European telecoms company Vimpelcom Ltd has withdrawn its bid to take control of Canada’s …
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Tech news
Egypt’s Regulator Turns Down Cypriot Bid For 16% Of Orascom Telecom Shares
by Yomna Yasserby Yomna YasserEgypt’s financial regulator announced on Sunday its rejection of a tender offer submitted by Cyprus-based Baskindale for …
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Orascom Telecom Media and Technology Holding (OTMT.CA) announced that its subsidiary in the Democratic People’s Republic of …
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Egypt bourse has ended the sessions on Tuesday posting gains of EGP 2.8 billion powered by the …
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Egypt’s bourse has opened sessions of Tuesday posting early gains of EGP 1.8 billion backed by local …
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Tech news
Russia’s Fridman Faces Africa Setback After Bid For Egypt Orascom Failed
by Yomna Yasserby Yomna YasserRussian billionaire Mikhail Fridman suffered a second setback this year for an effort to expand his telecommunications empire …
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Tech news
Egypt’s Sawiris To Buy MTS Fiber Network In New Canada Push
by Yomna Yasserby Yomna YasserManitoba Telecom Services Inc (MBT.TO: Quote) will sell its Allstream fiber optic network to a company controlled by …
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Tech news
Orascom Telecom Closer To Delisting After Stock Tender-Sources
by Yomna Yasserby Yomna YasserEgypt’s Orascom Telecom (OTH) (ORTE.CA) is closer to being delisted, sources said on Friday, after holders of …
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Tech news
Sources: Algeria’s Talks With VimpelCom Over Djezzy Stopped
by Yomna Yasserby Yomna YasserThe long-standing negotiations between Russia’s VimpelCom and the Algerian authorities over the acquisition of Orascom Telecom Algerie …