Orascom Telecom completes sale of 50% stake in Tunisiana
Source: BI-ME , Author: Posted by BI-ME staff
Posted: Wed January 5, 2011 2:33 pm

INTERNATIONAL. Orascom Telecom Holding completed the sale of its 50% stake in Orascom Telecom Tunisie, also known as Tunisiana, to Qatar Telecom.

The stake was sold for US$1.2 billion, Orascom said in a statement today.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 1, 2014
UAE. The Middle East's top brands have grown by an average of 38%, according to The Brand Finance Middle East 50; This brings the total value of the top 50 above US$50 billion for the first time; Emirates holds the top spot and remains far ahead of the rest.
date:Posted: September 1, 2014
SAUDI ARABIA. Consumer spending also remained robust; Non-oil exports rebound owing to greater production of petrochemicals and plastics.
date:Posted: September 1, 2014
INTERNATIONAL. Oil markets since 2011 have become less price sensitive to actual supply disruptions, especially to those geopolitical events that have taken place since the Arab Spring.
UAE. The Middle East's top brands have grown by an average of 38%, according to The Brand Finance Middle East 50; This brings the total value of the top 50 above US$50 billion for the first time; Emirates holds the top spot and remains far ahead of the rest.
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