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Orascom Telecom Holding Completes US$750 million Bond Offering

Cairo,: Orascom Telecom Holding S.A.E. (“OTH” or “Orascom Telecom”) today announced that it has successfully priced and placed US$750 million of Senior Notes due 2014 (the “Notes”). The transaction was increased from US$500 million due to favorable pricing and very strong investor demand. The offering is a milestone for Orascom Telecom, for Egyptian corporate issuers and for [...]

By | 2017-06-20T10:48:21+00:00 February 4th, 2007|Uncategorized|0 Comments

Orascom Telecom’s Iraqi Mobile Operation

Orascom Telecom Holding S.A.E. (“Orascom Telecom”) announced today that it has been granted a further three month extension to its 100% owned Iraqi GSM operation, Iraqna. Iraqna is the leading telecommunications operator in Iraq in terms of subscribers, revenue, and network coverage and has been the leading force in the development of Iraq’s telecommunications market [...]

By | 2017-06-20T10:53:30+00:00 January 2nd, 2007|Uncategorized|0 Comments

Unison and Equity-i Announce New Web Pact

Unison and Equity-I, a leading private equity investment firm based in Dubai, UAE and focusing on that region, Asia and Europe, have today announced the launch of an enhanced Web presence for Equity-i. The deal, which includes implementation of Fuseon®-Unison's proprietary content management system (CMS)-design services, Flash programming and, eventually, a client extranet, has already [...]

By | 2017-06-20T11:07:33+00:00 December 17th, 2006|Uncategorized|0 Comments

Global Alumina Announces Extension of Time Period with Respect to Joint Venture Negotiations

TORONTO, ON -Global Alumina Corporation (the "Company") (TSX: GLA.U) today announced that the Company and the lenders under the previously announced US$100 million Loan Facility Agreement have agreed to extend from November 30, 2006 to December 31, 2006 the deadline for the negotiation of the terms of a joint venture to develop and operate the [...]

By | 2017-06-20T09:59:52+00:00 November 30th, 2006|Uncategorized|0 Comments

Global Alumina Announces Third Quarter Results

TORONTO, ON,- Global Alumina Corporation (TSX: GLA.U) today announced that the Company's Board of Directors has approved its financial and operating results for the three- and nine-month periods ended September 30, 2006. The unaudited financial statements and management's discussion and analysis can be viewed or printed from the Company's SEDAR reference page at All [...]

By | 2017-06-20T10:08:11+00:00 November 10th, 2006|Uncategorized|0 Comments

Orascom Telecom Acquires Minority Stake

Cairo: Orascom Telecom Holding S.A.E. ("OTH") has signed an agreement to purchase a 7.91% stake in its Algerian GSM operation, Orascom Telecom Algeria ("OTA"), for cash consideration of US$ 399 million from Emirates International Investment Company ("EIIC"). Pro forma for this transaction, Orascom Telecom will directly and indirectly own 95.6% of OTA. The purchase agreement replaces [...]

By | 2017-06-20T10:41:36+00:00 October 27th, 2006|Uncategorized|0 Comments

The UAE’s Gourmet Gulf goes it alone with Pizzeria Cucina

Gourmet Gulf, the UAE-based food and beverage company, has unveiled its first, solely-owned brand, Pizzeria Cucina. United Arab Emirates: The traditional style pizza company will be launched GCC-wide and represents another top-tier addition to the ever-increasing Gourmet Gulf portfolio. The home-grown franchise will debut in Kuwait this month (June 2006) at the Marina Mall and [...]

By | 2017-06-20T10:58:55+00:00 August 6th, 2006|Uncategorized|0 Comments

Kuwait leads Gourmet Gulf’s GCC expansion

Gourmet Gulf, the pioneering UAE-based food and beverage retail company, has taken its first steps in a GCC expansion programme with four of its franchises opening in Kuwait's Marina Mall. Gourmet Gulf, the pioneering UAE-based food and beverage retail company, has taken its first steps in a GCC expansion programme with four of its franchises [...]

By | 2017-06-20T10:29:33+00:00 July 24th, 2006|Uncategorized|0 Comments

Gourmet Gulf brings Morelli’s Gelato to the Emirates

Gourmet Gulf, the UAE-based food and beverage retail company, is bringing Morelli's Gelato - the 'Rolls Royce' of ice-cream parlours to the UAE. United Arab Emirates: The brand, which operates a signature outlet in London's premier Knightsbridge Harrods Department Store, will see its flagship GCC franchise open at Dubai Festival City - the 'city-within-a-city' being [...]

By | 2017-06-20T10:21:59+00:00 July 5th, 2006|Uncategorized|0 Comments

Thornton appointed GM of Gourmet Gulf

Gourmet Gulf, a pioneer of quality food and beverage retailing in the Arabian Gulf, has appointed Briton Robin Thornton as General Manager with a mandate to drive the company's expansion across the GCC, North Africa and the Levant. United Arab Emirates: Thornton, (43), joins the UAE-headquartered company after a 25 year food and beverage career [...]

By | 2017-06-20T11:01:24+00:00 June 27th, 2006|Uncategorized|0 Comments