Africa
CAIRO - Russia's VimpelCom Ltd and Weather Investments, the investment company headed by Egyptian telecom mogul Naguib Sawiris, said they are merging to form what would become the world's fifth largest mobile telecommunication service provider in a deal valued at over $6.5 billion.
CAIRO - Trading in mobile phone service provider Orascom Telecom's shares was halted on the Egyptian stock exchange Monday as the bourse sought clarification about reports of a possible deal with Russia's VimpelCom Ltd.
CAIRO - Egypt hopes to see a tenfold increase in exports from its growing outsourcing industry by 2020 and will boost its focus on information technology entrepreneurship and co-ownership of intellectual property, the country's information technology minister said Wednesday.
LAGOS, Nigeria - The managing director for French oil major Total SA's Nigerian operation says a proposed federal law to overhaul the nation's oil industry will hurt foreign investment.
PARIS - In 514 matches for club and country, German wunder-forward Oliver Bierhoff scored 226 times.
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