Naguib Sawiris
Sawiris backs bid for EFG Hermes
Business
June 1, 2012
Sawiris backs bid for EFG Hermes
Egyptian billionaire Naguib Sawiris is helping finance a takeover bid for Egypt's biggest investment bank EFG Hermes that would ensure…
France Telecom acquires 94% of Egypt’s Mobinil
Business
May 27, 2012
France Telecom acquires 94% of Egypt’s Mobinil
France Telecom acquired 94 percent of Egyptian mobile phone company Mobinil in a tender offer, Egypt's stock exchange said on…
Jihadist group threatens to attack satellite channel, kidnap hosts
Egypt
April 25, 2012
Jihadist group threatens to attack satellite channel, kidnap hosts
An extremist group has sent a letter threatening Egyptian satellite channel ONTV, saying it plans to attack its studios and…
Amid looming France Telecom buyout, stock exchange suspends trading of Mobinil and OTMT shares
Business
April 19, 2012
Amid looming France Telecom buyout, stock exchange suspends trading of Mobinil and OTMT shares
The Egyptian Stock Exchange has suspended trading of shares of mobile operator Mobinil and Orascom Telecom Media and Technology (OTMT)…
Court dismisses Islam insult case against tycoon Sawiris
Egypt
March 3, 2012
Court dismisses Islam insult case against tycoon Sawiris
Bulaq Abul Ella Misdemeanor Court has thrown out a case brought against telecoms tycoon and liberal politician Naguib Sawiris by…
Free Egyptians Party parliamentary head resigns
Egypt
March 2, 2012
Free Egyptians Party parliamentary head resigns
Free Egyptians Party MP Mohamed Abu Hamed resigned from his party Thursday night in order to devote more time to…
Court throws out case against tycoon Sawiris
Egypt
February 28, 2012
Court throws out case against tycoon Sawiris
An Egyptian court on Tuesday threw out a case brought against telecoms tycoon and liberal politician Naguib Sawiris by a…
Protesters accuse ONTV of inciting against military
Egypt
February 23, 2012
Protesters accuse ONTV of inciting against military
Dozens of activists organized a protest on Thursday outside the administrative headquarters of the privately-owned ONTV channel in Zamalek to…
Political upheaval takes toll on Mobinil
Business
February 20, 2012
Political upheaval takes toll on Mobinil
Egyptian mobile phone operator Mobinil posted a quarterly net loss of LE177 million, blaming political turmoil in the wake of…
Stock exchange asks OTMT for details on Mobinil deal
Business
February 14, 2012
Stock exchange asks OTMT for details on Mobinil deal
Egypt’s stock exchange has asked Orascom Telecom Media and Technology for more details on a deal for France Telecom to…