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Global growth prospects appear to be weakening
Global growth prospects appear to be weakening after the EU cut its GDP forecast and data out of China pointed…
Etisalat acquires 9.8% stake in Vodafone
Etisalat acquires 9.8% stake in Vodafone: Our friends at the UAE telecoms giant Etisalat Group (e&) have acquired a 9.8%…
Dana oil output falls + Uh, which Gourmet was that, again?
Did we just say no to Brazil’s request for fertilizer? A meeting between Egyptian and Brazilian officials resulted in an…
Etisalat Misr revenues up 15% on subscriber growth in 1Q 2022
Mobile network operator Etisalat Misr reported revenues of AED 1.3 bn (c. EGP 6.55 bn) in 1Q 2022, up 15%…
Dubai becomes a top-five IPO destination as DEWA shares soar on debut
DEWA shares surge on debut: The Dubai Electricity and Water Authority’s (DEWA) shares jumped as much as 23% on their…
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…
Why hasn’t 5G been a success?
While 5G has been boasted as the future of telecommunications, there’s been little revenue to show for it. The three…
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