Global Telecom Holding SAE (ORSTF.PK)
CAIRO, Jan 16 Global Telecom Holding's board approved a share buy-back of 524.6 million treasury shares and a bridge loan of $200 million from financial institutions, it said on Monday.
* Board approves buyback of 524.6 million treasury shares at price of EGP 7.90
* Says its Algerian unit has launched 4G services Source text for Eikon: Further company coverage:
DUBAI, Sept 7 Stock markets in the Gulf declined on Wednesday as some investors stayed away ahead of market closures next week for Eid al-Adha holidays, and after recent gains in oil prices faded.
CAIRO, Aug 4 Global Telecom, the Egypt-based group formerly known as Orascom Telecom, made a net profit of $26.5 million in the second quarter, down from $27.4 million in the same period a year earlier, the firm said in a statement on Thursday.