Karim Djoudi

Sawiris’s Weather Lodges $5 Billion Claim Against Algeria

Weather Investments II, the investment company headed by Egyptian billionaire Naguib Sawiris, said it filed a $5 billion claim against Algeria for allegedly damaging its investment in Djezzy, the country’s largest mobile operator.

Algeria Is Still Discussing Djezzy Price, Minister Says

Algeria is still discussing the purchase price for 51 percent of mobile-phone company Djezzy, Finance Minister Karim Djoudi said in an interview today.

Algerian Negotiations on Djezzy Continue, Finance Minister Says

The Algerian government is still in talks to buy the 51 percent stake of mobile phone operator Djezzy held by Russian telecommunications company VimpelCom Ltd., Finance Minister Karim Djoudi said.

Algeria’s Economy May Grow 4.7% in 2012, Finance Minister Says

Algeria’s economy may grow 4.7 percent in 2012 after 3.9 percent growth this year, state-run Algerie Presse Service reported, citing Finance Minister Karim Djoudi.

Algeria Intends to Buy 100% of Orascom Telecom Unit If Offered for Sale

Algeria’s government will buy Orascom Telecom Holding SAE’s unit in the North African country if it’s offered for sale, Finance Minister Karim Djoudi said.

Algerian Finance Minister Says Still Discussing Djezzy Price

Algeria is still discussing the price of the purchase of 51 percent of the stake in mobile phone company Djezzy, Finance Minister Karim Djoudi said in an interview today.

MTN May Buy All of Orascom in Deal Said to be Worth as Much as $10 Billion

MTN Group Ltd., Africa’s largest mobile-phone company, said it’s in negotiations to buy all or part of Cairo-based competitor Orascom Telecom Holdings SAE.

MTN Won't Buy Orascom Telecom's Algerian Unit After Government Opposition

MTN Group Ltd ., Africa’s biggest mobile-phone operator, won’t buy Orascom Telecom Holding SAE’s Algerian unit, Algerian Finance Minister Karim Djoudi said.

VimpelCom Rises as Algeria Denies Djezzy Bid Purchase Price

VimpelCom Ltd., Russia’s third- biggest mobile carrier by subscribers, rose as Algeria’s Finance Minister denied the government has agreed to pay $6.5 billion for a controlling stake in the company’s Djezzy unit.

Algeria, Djezzy Talks May Take Months to Conclude, Bayan Says

Algeria’s negotiations to buy the local unit of VimpelCom Ltd. may take many months to conclude because of a price disagreement, Al Bayan reported, citing Algeria’s Finance Minister Karim Djoudi.

"We will inform the public of the nature of the agreement between the parties at the conclusion of the discussions."

- Karim Djoudi on Sep 03, 2012

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