Saturday 19 April 2014

Egypt's Sawiris offers to buy Telecom Italia stake

  Egyptian tycoon Naguib Sawiris has offered to buy a stake in Telecom Italia, he and Italy's largest telecoms company said on Monday, in the latest sign of interest from emerging-markets investors in struggling euro zone com


France Tel, Sawiris reach accord on Mobinil

France Telecom reached a preliminary accord to buy out most of Egyptian tycoon Naguib Sawiris' stake in their jointly owned telecom operator Mobinil, in a deal that will see the French group pay out about 1.5 billion euros ($2 billion).


DIFX appoints director

The Dubai International Financial Exchange (DIFX) has appointed Nassef Sawiris its director. Sawiris is the chief executive of Orascom Construction Industries (OCI), the Egypt-based international construction contractor. He is also

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