HC Securities & Investment - News Alerts

OTH Ventures into Canada, News Alert

hcsi — Tue, 22 Jul 2008 09:34:15 +0000

July 22nd, 2008

OT Ventures Into Canada

Orascom Telecom Holding (OTH) announced today its participation in a consortium to create a new Canadian owned and controlled wireless operator. The new Canadian wireless operator has provisionally won Advanced Wireless Services (AWS) spectrum in Canada. A spectrum licence will only be awarded to the consortium if final regulatory approval is granted by Industry Canada.

El Sewedy Cables News Alert

hcsi — Mon, 02 Jun 2008 09:39:13 +0000

June 2nd, 2008
EL Sewedy Cables to Establish Power Cables Factory in Qatar

As part of its strategy to expand production facilities in the Middle East and Africa, El Sewedy Cables announced today that it will establish a plant in Qatar for the production of power cables including low, medium, high, and extra high voltage cables.

OCI, May 29th, 2008 News Alert

hcsi — Thu, 29 May 2008 08:57:21 +0000

May 29th, 2008

OCI Releases 1Q08 Consolidated KPIs

Orascom Construction Industries (OCI) released today its 1Q08 KPIs showing healthy growth in top line and improvement in margins which translated into impressive bottom line growth. The bottom line was inflated by USD255 million of capital gains from the sale of the company's stake in Egyptian Container Handling Company.
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UPP, "1Q08Results"; News Alert

hcsi — Tue, 22 Apr 2008 11:36:44 +0000

1Q08 Results: Gain on Sale of Investment
Properties Saves Bottom Line

Orascom Telecom News Alert

hcsi — Thu, 17 Apr 2008 10:47:29 +0000

Orascom Telecom Announces a Tender Offer to Purchase Around 10% of Its Own Shares

EFIC, "1Q08 KPI's"; News Alert

hcsi — Mon, 14 Apr 2008 12:44:15 +0000

1Q08: EFIC & SCFP KPI’s

Al Arafa, "Recent Acquisitions"; News Alert

hcsi — Wed, 12 Mar 2008 12:26:20 +0000

Arafa Holding Announces Two Acquisitions

NCHD, "Al Nasr Gardens Dispute"; News Alert

hcsi — Thu, 06 Mar 2008 09:26:48 +0000

Nasr City Housing Resolves Conflict With the Civil Aviation Authority

OCI-Abraaj Capital Deal, News Alert

hcsi — Thu, 21 Feb 2008 14:41:56 +0000

OCI Announces Agreement With Abraaj Capital Orascom Construction Industries (OCI) announced today that it has signed an agreement with UAE's based Abraaj Capital, which has agreed to merge its fertilizer production operations under OCI for a combined cash and shares equity consideration of approximately USD1.59 billion.

Orascom Telecom,"Winds of Change"; News Alert

hcsi — Thu, 31 Jan 2008 10:55:43 +0000

Winds of Change: Welcome Korea, Goodbye Iraq and Hong Kong
A New Greenfield License Orascom Telecom Holding (OTH) announced that its 75% owned subsidiary “CHEO Technology” has been granted a Greenfield license to provide cellular operations in the Democratic People’s Republic of Korea (DPRK).