Egypt's bourse suspends trading in Mobinil and OTMT
Egypt's stock exchange has suspended trading in mobile operator Mobinil and Orascom Telecom Media and Technology (OTMT) on the request of the country's regulator, the exchange said on Thursday without providing further details.The regulator is weighing up whether to appove France Telecom's plan to purchase most of OTMT's stake in Mobinil for 1.5 billion euros and there have been media reports saying it was poised to reject the deal, or was delaying it until the French firm responded to a request for information.
