Orascom Telecom (OTMT), owned by Egyptian billionaire Naguib Sawiris, is committed to confronting all obstacles that it …
Tag:
Orascom telecom
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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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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
CIB signs CI Capital share price agreement with Sawiris’s OTMT subsidiary
by Yomna Yasserby Yomna YasserEgypt’s largest private-sector bank Commercial International Bank (CIB) announced Sunday it had signed a share purchase agreement …
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Banks
National Bank of Egypt subsidiary says quits bid to buy CI Capital
by Yomna Yasserby Yomna YasserNational Bank of Egypt’s investment banking arm, Al Ahly Capital (ACH) decides to drop its bid to …
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Egypt News
Orascom TMT says North Korea sanctions impact control of Koryolink
by aya salahby aya salahEgypt’s Orascom Telecom said Sunday sanctions against North Korea had affected its ability to control its subsidiary …
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Global Telecom, the Egypt-based group formerly known as Orascom Telecom, reported Friday a $13 million net profit …
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Tech news
Orascom Telecom, ACT Financial submit offer to acquire Beltone Financial
by aya salahby aya salahThe board of Orascom Telecom Media and Technology has approved an offer to acquire, together with investment …
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Industry & Trade
Orascom licenced to build Aswan’s $100mn solar plant
by Yomna Yasserby Yomna YasserEgypt-based O Capital for Energy, a fully owned by Orascom Telecom, Media & Technology, has obtained a …