Foreword
The Gitex microsite provides in-depth coverage of Gitex Technology Week, the region's leading technology event. Our report will provide a round up of the latest news from the exhibition, including product launches and other announcements making headlines.
We will also take you inside the event to meet key players in the IT and telecom industries as they display their newest products and services. Our coverage will include special video and audio reports where you will be able to view these gadgets firsthand and get a feel for what it is like to be at the exhibition, which takes place at the Dubai World Trade Centre from 20 - 24 October 2013.
Be sure to visit this site often as we will be updating our coverage frequently before, during, and after the event as news unfolds.
Gitex news »
Orascom Telecom turns down Altimo's buyout offer
Egypt's Orascom Telecom Holding has said its board of directors had recommended rejecting an offer by a subsidiary of Russian billionaire Mikhail Fridman's Altimo to buy out the mobile company for $0.70 a share, Reuters has reported. An independent financial adviser had put a fair value Orascom's shares at $0.86 per share, the company said. "Hence we see that the offer price is below the fair value of the share by 18.7%," it said.Latest Technology jobs
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