Orascom seeks to complete acquisition of CI Capital
Orascom has not yet reached the reconciliation phase
CIB wins court judgment to sell CI Capital
The Cassation Court ruled in Commercial International Bank-Egypt’s (CIB) favour in its…
Sawiris and Tarek Amer fight: flashback to previous battles with the state?
Businessman Naguib Sawiris insists that Tarek Amer used his position to prevent…
CI Capital, Beltone eye acquisition of electronic brokerage company
Sawiris applies to establish a €50m bank for SMEs in Luxembourg
OTMT nominates Beltone Financial Holding to finalise acquistion of 100% of CI Capital
Orascom Telecom Media and Technology Holding (OTMT) announced today that its management…
CIB approves OTMT’s EGP 924m offer to purchase CI capital
OTMT’s intentions to acquire the investment bank were first reported in December…
Orascom expected to offer firm bid to acquire CI Capital this week: Sources
Orascom began addressing private banks to guarantee 40% of deal worth, EGP…
EGX-30 to fluctuate between 5,300 and 5,900 points
The acquisition of CI Capital by OTMT will reflect positively on the…
Competition arises over CI Capital acquisition
OTMT presents its final bid Thursday, with a competing bid to be…