Orascom Telecom (OTMT) said in a statement that it is committed to confronting all obstacles that it encounters and to work on clearing them to conclude its deal to acquire CI Capital. "OTMT shall continue addressing the Egyptian Financial Supervisory Authority (EFSA) to inquire about the details of the breach referred to, submit the necessary evidence that OTMT is compliant with the applicable regulations and satisfy any inquiries or requested information if necessary to defend OTMT's viewpoint and its rights and to conclude the execution of the Transaction as soon as possible without any breach to the company and its shareholders' rights." OTMT said in a statement to the London Stock Exchange on Thursday. Earlier this year, Commercial International Bank (CIB) signed a deal to sell CI Capital to a unit of Sawiris's OTMT for EGP924 million (USD104.06 million). Sawiris said at the time he planned to merge CI Capital with Beltone Financial, which OTMT bought last year, to create one of Egypt's largest investment firms. However, the head of Egypt's market regulatory body said last Wednesday that Beltone Financial's acquisition of CI Capital would be delayed pending resolution of a court case involving shareholders of CI Capital and its parent company. (Anwal Al Ghad)   CIB: EGP39.74 as of 14 April 2016, Rating: Buy, FV: EGP44.11 per share, MCap: USD5,133 million, COMI EY / COMI.CA OTMT: EGP0.72 as of 14 April 2016, Rating: Sell, FV: EGP0.53 per share, MCap: USD425 million, OTMT EY / OTMT.CA