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Articles of the author Hamid Ould Ahmed Reuters
Cautiously, tiny Algeria exchange to open to foreigners
ALGIERS: Algeria's stock market has long resembled its economy: overregulated, uncompetitive and performing well short of its potential. So the country's plans to allow foreign money into the market may be a step towards wider economic (...)

16 - 03 - 2012
Algeria sticks to Djezzy plan after Vimpelcom visit
ALGIERS: Algeria is sticking to its plan to nationalize Orascom Telecom's local mobile phone unit, the finance minister said on Tuesday, after he met executives from would-be buyer Vimpelcom. "I met a visiting Vimpelcom delegation. I cannot give (...)

18 - 10 - 2011
Tunisia's Ben Ali says was tricked into leaving
TUNIS: Tunisia's ousted president Zine Al-Abidine Ben Ali said on Monday he was deceived into leaving the country, and denied giving orders for security forces to shoot at protesters who were demanding he step down. A statement issued by his (...)

20 - 06 - 2011
Algeria sees Orascom Tel unit valuation by end-May
ALGIERS: Consultants hired by Algeria to value Orascom Telecom's local mobile phone unit are scheduled to complete their work by the end of May, Algerian telecommunications minister Moussa Benhamadi told Reuters. Algeria's government has said it (...)

02 - 03 - 2011
Algeria closes in on choosing Djezzy adviser
ALGIERS/LONDON: Algeria is close to appointing an adviser for the nationalization of Orascom Telecom's local unit Djezzy, a hurdle to owner Naguib Sawiris's $6.6 billion deal with Russia's Vimpelcom. Algeria opened sealed bids from 10 firms on (...)

25 - 11 - 2010
Orascom Tel must settle debts before deal, says Algeria
ALGIERS: Orascom Telecom must settle all its liabilities before Algeria concludes a deal to nationalize the Egyptian firm's local mobile phone unit, Algerian Prime Minister Ahmed Ouyahia said on Sunday. Orascom Telecom has reluctantly agreed to (...)

01 - 11 - 2010
Algeria still plans to take Orascom's Djezzy
ALGIERS/MOSCOW: Algeria still plans to nationalize Orascom Telecom's local unit, complicating Vimpelcom's $6.6 billion acquisition deal ahead of the Russian president's visit to the country on Wednesday. Russian billionaire Mikhail Fridman's (...)

06 - 10 - 2010
Algeria denies pressuring Orascom Telecom
ALGIERS: Algeria's telecommunications minister on Thursday denied applying pressure on the local unit of Egypt's Orascom Telecom, saying the state's acquisition of the business was in accordance with the law. Orascom Telecom's owners agreed to (...)

24 - 09 - 2010
Algeria warns Orascom Telecom over sale talks
SIDI ABDALLAH, Algeria: The Algerian government said on Monday Egyptian Orascom Telecom should not try to sell its Algerian unit to anyone other than the Algerian government. Orascom Telecom had been in talks on selling some or all of its assets (...)

17 - 05 - 2010
Algeria says has not made Orascom offer for unit
ALGIERS: Algeria is willing to buy Orascom Telecom's Algerian unit but has not made the Egyptian firm an offer and wants Orascom to clearly state its intention to sell, the Algerian finance minister said. Algeria's government is blocking Orascom (...)

16 - 05 - 2010
Algeria says talks started with Orascom executives
ALGIERS: Algerian officials are in contact with the local unit of Egyptian operator Orascom Telecom and the next step is to talk to the firm's top executives, Algeria's telecommunications minister said. "We have direct contacts with Orascom (...)

10 - 05 - 2010
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