Egypt’s O Capital for Energy enters an alliance with Norway-based REC Group to carry out solar energy …
Tag:
Orascom telecom
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Egypt’s Orascom Telecom Media and Technology Holding – OTMT reported second-quarter net profit of 353.95 million Egyptian …
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Morgan Stanley Commercial Index threatened the Egyptian Stock Exchange (EGX) with deletion from its emerging markets index, …
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Tech news
Global Telecom to sell Djezzy Majority Stake for $2.6 billion
by Yomna Yasserby Yomna YasserEgypt’s Global Telecom (GTH) will sell a 51 percent stake in Djezzy for $2.6 billion while keeping …
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Tech news
Egypt Tycoon Naguib Sawiris May Sell Remaining Stake in Mobinil
by Yomna Yasserby Yomna YasserEgyptian billionaire Naguib Sawiris has confirmed rumours that he plans to sell his minority stake in Egypt’s …
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Industry & Trade
Sawiris Aims Further Investments after EFG-Hermes Failure
by Yomna Yasserby Yomna YasserJust days after his joint bid for a stake in Egypt’s biggest investment bank EFG-Hermes was rejected, …
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Industry & Trade
Repression, Poor Laws Deter Investment in Egypt -Tycoon Samih Sawiris
by Yomna Yasserby Yomna YasserEgypt’s billionaire construction tycoon Samih Sawiris said he has no plans for new investments in his country …
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Industry & Trade
Sawiris’s Bid for Stake in EFG-Hermes Signals Revival of Egyptian Economy
by Yomna Yasserby Yomna YasserThe board of EFG Hermes said it was discussing the tender offer by a consortium led by …
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Tech news
Egypt’s Global Telecom Books in Cost of Algerian Settlement
by Yomna Yasserby Yomna YasserEgypt’s Global Telecom has restated its results for last year, increasing its net loss to 20 billion …
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Tech news
Global Telecom Mulls Options to Divest Canada’s Wind Mobile
by Yomna Yasserby Yomna YasserGlobal Telecom Holding (GTHE.CA), the Egypt-based group formerly called Orascom Telecom, said it is studying options to …