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Etisalat, TE close infrastructure agreements worth EGP 17 bn
Etisalat gets an infrastructure boost from Telecom Egypt: Our friends at Etisalat Misr have signed six agreements worth EGP 17…
Earnings watch: Telecom Egypt, Orascom Financial Holding, B Investments report 1Q2022 results
EARNINGS WATCH- Telecom Egypt’s 1Q2022 net income declined 36% y-o-y to EGP 1.40 bn, according to the company’s earnings release…
SFE sub-funds for state-owned stake sales?
The Sovereign Fund of Egypt (SFE) could launch a sub-fund responsible for managing the sale of state-owned companies on the…
Telecom Egypt to hand out dividends this month + QNB AlAhli reports 12% y-o-y rise in bottomline
MARKET NEWS- QNB Alahli’s bottom line increased 12% y-o-y in 1Q2022 to EGP 2.21 bn, according to the bank’s earnings…
TE partners with Amsterdam firm to launch internet exchange point
Egypt’s first open-access internet exchange point is live: An internet exchange built by Telecom Egypt and the Amsterdam Internet Exchange…
B Investments exits Giza Systems to STC subsidiary
B Investments is selling its entire 44.7% stake in engineering subsidiary GizaSystems to Saudi Telecom’s internet subsidiary, the Egyptian private…
TE’s Osman gets third term after rule change, EFG Hermes appoints COO at Vortex Energy
Magued Osman has been reappointed as chairman of Telecom Egypt for a third term, according to an EGX disclosure (pdf)…
EIB lends EUR 150 mn to Telecom Egypt for 4G upgrades
EIB supports 4G expansion with EUR 150 mn loan to TE: Telecom Egypt (TE) has secured a EUR 150 mn…
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