Register for our free newsletter

 
 
Latest News

Orascom

Morocco axes Orascom-led group from solar project

Morocco axes Orascom-led group from solar project

Morocco has excluded a group led by Egypt-based Orascom Construction Industries from the bidding for the first phase of a major solar energy project, l'Economiste newspaper reported on Friday.

March 24, 2012 3:43
 
Orascom TMT in talks with France Telecom over Mobinil

Orascom TMT in talks with France Telecom over Mobinil

Orascom Telecom Media and Technology said on Sunday it was in talks with France Telecom over a potential change in ownership structure at Egyptian joint venture Mobinil, hours after shares in both Orascom and Mobinil were suspended.

February 13, 2012 2:11
 
Egypt Telecom tycoon Sawiris eyes new horizons

Egypt Telecom tycoon Sawiris eyes new horizons

Egyptian telecoms magnate Naguib Sawiris wants to get back on the acquisition trail, eyeing businesses in Europe, the Middle East and Africa after selling a chunk of assets to Russia's Vimpelcom.

February 7, 2012 3:27
 
Egypt’s Orascom, Nasr City scrap Tigan cooperation

Egypt’s Orascom, Nasr City scrap Tigan cooperation

Egyptian group Orascom Development and local real estate firm Madinet Nasr Housing scrapped an agreement to cooperate in developing the Tigan real estate project, Orascom said on Monday.

January 16, 2012 12:24
 

Orascom Telecom chariman to step down end-2011

Chairman Khaled Bichara is due to step down at yearend. Orascom has recently reported a net loss of $975 million for Q3 from a profit a year earlier.

November 14, 2011 1:26
 

Egyptian Resorts plans Sawari launch in Q2 2012

Egyptian Resorts says missed 2011 sales target; Firm in talks with gov't to settle dispute on contested land; Strong domestic demand, fundamentals will help economy-CEO

October 27, 2011 11:35
 

Orascom Telecom Bangladesh in $263M licence renewal

Egyptian group Orascom Telecom's Bangladesh unit will pay 19.8 billion taka ($263 million) over three years in spectrum and licence renewal fees, it said on Monday.

September 27, 2011 11:24
 
Orascom Devt says Egypt regulator drops court case

Orascom Devt says Egypt regulator drops court case

Real estate and hotels firm Orascom Development (ODH) said on Wednesday it had reached a settlement with Egypt's financial market watchdog that effectively scraps a jail sentence handed down to its chairman last month.

September 7, 2011 11:48
 
Egypt’s real estate sector is down, not out

Egypt’s real estate sector is down, not out

Firms risk losing more land, paying higher compensation; Strong balance sheets key through crisis; Analysts favour SODIC, Amer, smaller property firms; Cairo commercial property looks relatively strong

May 18, 2011 3:10
 

Orascom, Wind working on Vimpelcom tie-paper

The deal will not lead to mergers at the operational level-says official.

February 7, 2011 9:58
 
12