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Telecom Egypt approves acquisition of MENA Cable from Orascom TMT, long-term credit facilities

2018-05-10 11:32:00| Telecompaper Headlines

(Telecompaper) Telecom Egypt said that its board has approved two strategic decisions to increase its return on investment, and provide the liquidity to facilitate the implementation of its business plan. The board approved the acquisition of Middle East and North Africa Submarine Cable (MENA Cable) by 50 percent-owned subsidiary Egyptian International Submarine Cables Company, with a total enterprise value of USD 90 million to be financed through a shareholder loan from Telecom Egypt. MENA Cable is a subsidiary of Orascom Telecom Media and Technology Holding.

Tags: credit facilities cable egypt

 

Egypt garment exports jump 17% in Q1

2018-05-09 13:02:00| Daily apparel & textile news and comment - from just-style.com

Egypt's exports of ready-made garments jumped 17% in the first quarter of 2018, with the US accounting for the largest share of its shipments, new figures show.

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Beyond the Great Pyramid: 5 Lesser-Known Pyramids That Shaped Our Understanding of Ancient Egypt

2018-05-03 17:30:57| Extremetech

You've heard of the Great Pyramid of Giza. How much do you know about the rest? The post Beyond the Great Pyramid: 5 Lesser-Known Pyramids That Shaped Our Understanding of Ancient Egypt appeared first on ExtremeTech.

Tags: great understanding egypt ancient

 

Prince of Egypt meets Les Miserable resulting a Jewish Passover

2018-03-27 09:11:39| Commercial Real Estate Loans & Investment Sales

Tags: les meets egypt prince

 

Vodafone signs three-year wholesale agreement with Egypt Telecom

2018-02-06 01:00:00| Total Telecom industry news

Vodafone Egypt and Telecom Egypt have signed a three-year wholesale agreement, according to a company release. The agreement will see Telecom Egypt provide Vodafone Egypt with transmission and infrastructure services…read more on TotalTele.com »

Tags: agreement signs wholesale egypt

 

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