"Orascom Telecom" Invests $2.5 Billion in Iraq

[MotorDown]

Cairo: "Orascom Telecom", the Egyptian Company, said that it intends to pump 2.5 billion dollars in Iraq, during the coming period. Nagib Sawires, company's chairman, has declared his personal intention to pump investments in various fields to participate in pushing the wheel of economic development in the country

http://www.almendhar.com/english_4429/news.aspx

[JASONTL]

The Gulf country’s second operator Mobile Telecommunications Co has teamed up with Iraq’s Atheer Telecom to create MTC Atheer, and also runs one of Lebanon’s two mobile phone operation licences, MTC Touch.

This article really is more about the economy in the gulf. I just liked the way they added this Iraq company into the mix of everything else the article was covering.

http://www.thepeninsulaqatar.com/Display_news.asp?section=Business_News&subsection=market+news&month=October2005&file=Business_News2005102334222.xml