First Independent Mena Newspaper
The investment firm Qaala Holding, previously known under the name of Citadel Capital, sold its direct and indirect shareholdings in Pharos Holding for Financial Investments, which amount to 80%, in a deal of 40 million Egyptian pounds ($ 5.3 million). According to the company’s statement, the divestiture is part of its plans to sell non-core […]
Orascom Telecom has announced that it will be dropping its bid to take over Wind Mobile Canada, under the Investment Canada Act, despite its strong interest in the company after discussions with Canada’s federal government. Wind Mobile Canada is among the rising companies trying to challenge the main cellphone wireless carriers in Canada. In the […]