Orascom Telecom’s executive chairman said the CEO of Orascom’s Algerian unit met with the Algerian finance minister on Monday, but declined to comment further on the status of talks over the troubled unit.
"We are very keen not to comment on the Algerian file, because we are very keen to leave relations with Algeria in a good position regardless of what is going on there," Naguib Sawiris said at a conference in Cairo.
"I can only confirm that our CEO of Djezzy has met today with the minister of finance of Algeria," he added.
He declined to say whether talks to sell assets to South Africa’s MTN were ongoing.