A Bloomberg report revealed that the Qatar Investment Authority is negotiating with the government-owned Telecom Egypt to buy a stake in Vodafone Egypt. According to the report, a maximum share of 25 percent of Vodafone Egypt shares will be purchased out of the total 45 percent owned by Telecom Egypt. Telecom Egypt denied reports regarding the Qatari sovereign fund negotiating the purchase of part of its stake in Vodafone Egypt. Telecom Egypt said, in a statement to the stock exchange it sent on Monday, that it had not received any official offers regarding its stake in Vodafone Egypt. It explained that once the offers are received, it would conduct examinations and evaluations in cooperatio
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