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Solutions by STC now owns 88.2% of Giza Systems
Solutions by STC has completed the acquisition of 88.2% of Giza Systems, it announced in a statement (pdf) yesterday. The…
Bids for Alex Medical aren’t adding up + B Investments approves fair value study ahead of Giza Systems sale
A tale of two fair value studies: Things are not looking up for the Tawasol Holdings-LimeVest consortium’s bid to acquire…
CIT infrastructure players are holding up well amid a challenging economic environment, but they’re in for a tough balancing act
How is the current economic environment impacting financial infrastructure + telecom players? Last week, we looked at how construction companies’…
Three GCC sovereign funds have their eye on TE’s stake in Vodafone Egypt
Could Telecom Egypt’s stake in Vodafone Egypt be in play? The Qatar Investment Authority (QIA), Saudi Arabia’s Public Investment Fund,…
THIS EVENING: Telecom Egypt’s stake in Vodafone Egypt could be in play + PMI is less bad + Liz Truss named as UK’s new PM
Good afternoon, wonderful people. That shocking news drought we were complaining about this morning appears to have disappeared itself in…
TE + Orange Jordan to boost Iraq’s internet connectivity
Telecom Egypt and Orange Jordan will launch a terrestrial network that connects Iraq to Europe in 3Q 2022, according to…
Saudi regulator approves STC takeover of Giza Systems
Giza Systems is one step closer to being Saudi-owned: Saudi Arabia’s competition watchdog has given the greenlight to Saudi Telecom’s…
Earnings watch: Telecom Egypt reports 2Q 2022 results
EARNINGS WATCH- Telecom Egypt’s net income after tax rose 38.2% y-o-y in 2Q 2022 to record EGP 2.42 bn, according…
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