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Orascom, USD680m finance
- Egypt: Tuesday, December 30 - 2003 at 08:43
Orascom Telecom of Egypt has announced the closure of a USD680m financing deal to pay for its Algerian mobile licence. The loan adds USD544m to Orascom's debt. But analysts said it was a mark of confidence in the company's future that it had obtained such international funding.
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Peter J. CooperTuesday, December 30 - 2003 at 08:43 UAE local time (GMT+4)
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