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Trading of Telecom Egypt shares suspended

CAIRO, March 30, 2016

Egypt's stock exchange suspended trading of shares of Telecom Egypt, the state-owned landline monopoly, on Wednesday after the government replaced all of its representatives on the company's board of directors, two sources told Reuters.

The government appointed Tamer Gad Allah, Maged Othman, and Mohamed Shamroukh as its representatives, the sources said.-Reuters




Tags: trading | Telecom Egypt |

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