Exchange rate, MENA-SCS drive Orascom Telecom to profitability in 2016
Beltone Financial records negative operating profit
Pharos holding closes $20m deal for Meivo International
Cairo based Meivo International sells 51% of its stake to Saudi SPIMACO
EGP 500m to construct solar powered compound
MCR will run global tender to choose company that will be responsible…
OTMT records EGP 373.8m net profits, 15% YoY surge
Company’s standalone net profits register EGP 221.5m
Mobinil net losses shrink to EGP 35m
The company registered net losses of EGP 177m in the first three…
Orascom Telecom’s shareholders turn down buyout bid
Telco’s valuation advisor judges bid as a vast undervaluation
Orascom Telecom may follow Orascom Construction Industries
Possibility that telecoms operator will be acquired by Altimo subsidiary
Algeria lifts sanctions on Djezzy GSM, allows Orascom Telecom the right to convert profits
Move will allow Djezzy to operate in Algerian market alongside other telecommunications…
Orascom Telecom: Our internet cable in Egypt is still unlicensed
Orascom Telecom has confirmed that is yet to reach a final agreement…
Vimplelcom plans to give up OTH African units
The Vimpelcom move is reportedly part of a strategy that targets more…
