TEEG.L - Telecom Egypt Company S.A.E.

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  • Reuters

    MIDEAST STOCKS-Most Gulf markets reverse course, Kuwait extends gains on MSCI upgrade

    * Saudi's Gulf General surges on insurance deal * Kuwait rises for a fifth-day * Dubai ends four days of gains * Qatari telecoms gain ahead of stock split By Ateeq Shariff July 3 (Reuters) - Most major Middle East markets clawed back earlier losses on Wednesday largely on back of their financial stocks, while Kuwait rose for the fifth straight session after MSCI's decision to upgrade Kuwaiti equities to its main emerging markets index. The Saudi index rose 0.2% with Al Rajhi Bank rising 0.6% and National Commercial Bank up 0.7%. Gulf General Cooperative Insurance jumped 7.7% after it won an insurance contract worth over 5% of its revenue in 2018.

  • PR Newswire

    Microsoft collaborates with Telecom Egypt to extend its global cloud network to Egypt

    BARCELONA, Spain, Feb. 27, 2019 /PRNewswire/ -- On Wednesday, during MWC Barcelona, Microsoft Corp. and Telecom Egypt announced their collaboration to extend Microsoft's cloud network to Egypt. Telecom Egypt will provide low-latency connectivity into and across Egypt to help enhance performance and increase reliability for customers of Microsoft services.

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