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FINANCIAL NEWS
Qtel to acquire Tunisiana stake for $1.2b
22 Nov 2010
(MENAFN) Sheikh Abdullah Bin Mohammed Bin Saud Al Thani, Chairman of Qtel Group announced that a consortium led by the telecom company, has acquired Orascom Telecom’s stake in Tunisiana for $1.2 billion, Reuters reported.
According to Sheikh Abdullah, Qtel viewed the acquisition as a means of developing and expanding the company, explaining that increasing ownership in well-performing assets with further growth potential, would lead to the desired outcome.
The Qtel-Orascom deal is expected to be finalized with the Tunisian authorities and then closed in January of the upcoming year, said the Chairman.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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