52.3% Privately Held Asset
OTMTI through its direct subsidiary owns 52,3 % of Orascom Investment Holding S.A.E. a joint-stock company with its head office in Cairo, Egypt. Orascom Investment Holding has been operating as a holding company with investments mainly in the telecom, media & technology and cable businesses since its establishment in 2011. Born out of the split of assets between Orascom Telecom Holding and VEON (formerly Vimpelcom), Orascom Investment Holding holds the legacy of the region’s most successful investment company mainly focusing on telecoms operations. As the industry matured, Orascom Investment Holding recently adopted a new direction to diversify its portfolio from a solely Telecom and Technology based firm to an Investment Holding company in different sectors. Its strategy is mainly focused on investing in industries that are critical to the future, including financial services, food industries, real estate development, cultural development, transportation, and logistics. Orascom Investment Holding is currently exploring opportunities across Egypt, Africa, and the Middle East. Orascom Investment Holding S.A.E.’s shares are listed on the Egyptian Stock Exchange, with Global Depositary Receipts listed on the London Stock Exchange.