EXCLUSIVE-Egypt's Qalaa Holding eyes USD560m capital boost -sources
Egypt's Qalaa Holding is considering a share issue worth some 4 billion pounds (UDD560 million) as part of efforts to tighten control of its core investments and end years of losses, sources with knowledge of the deal said.
OTMT's CEO steps down, board OKs Abou Doma's appointment
Orascom Telecom Media and Technology Holding (OTMT) announced on Wednesday that its chief executive officer Karim Beshara has submitted his resignation from his position as CEO and member of the board to the board of directors of the firm during a meeting held on September 30, 2014.
EFG Hermes to pay USD208m for 49% stake in wind power firm EDPR France
Egypt's EFG Hermes Holdings said its private equity arm bought a 49 percent stake in wind power firm EDPR France for USD 208 million, according to a statement on Wednesday, its first investment outside the Middle East and Africa.