China’s SGCC to buy stake in German grid operator 50Hertz

The world's largest electric utility aims to acquire a stake in 50Hertz — a joint venture which owns a huge chunk of the German electricity grid. The plan is likely…

Deutsche Welle

Nivex Agricultural Investment aims to maintain 2017 results

Sales last year reached $187m, says Yacoub

Selim Hassan

Curtain rises on Pyeongchang Winter Olympics

The Winter Olympics are underway in South Korea. Almost 3,000 athletes from 92 countries, including 169 "Olympic Athletes from Russia," and both Koreas appearing under one flag, took part in…

Deutsche Welle

Extra Global Company aims to double exports by entering new markets

Extra Global Company aims to double its exports during the current export season by expanding into a number of new markets and acquiring new clients. Chairperson Ahmed Farahat said that…

Selim Hassan

El Sakya for Agricultural Development eyes EGP 38m in sales this year

El Sakya for Agricultural Development aims to achieve sales of EGP 38m this year. Moaz Abdullah, general manager and managing director, said that the company achieved sales of EGP 27m…

Daily News Egypt

Qualcomm turns down higher Broadcom offer

US chip-making giant Qualcomm has rejected a fresh and significantly higher takeover bid from Singapore-based rival Broadcom. It said that even the improved offer considerably undervalued the company.Qualcomm has turned…

Deutsche Welle

In the shadow of Bitcoin: the Ripple effect

If any virtual currency has kept headline writers busy, it's been Bitcoin. Far less in the public eye, another digital unit, XRP (Ripple), has been on similar rollercoaster rides. Are…

Deutsche Welle

Supporting transport initial step to boosting Egyptian exports to Africa

We need an entity linking exporters with shipping lines, says Diab

Basma Ragab

El Gebaly Fruit aims to acquire 10% of citrus exports next season

Provisions of EGP 600m to boost production to 200,000 tonnes of citrus, says Mohamed El Gebaly

Daily News Egypt

Baron for Agricultural Investment sales reached EGP 15.3m in 2017

We target 20% increase in the company's exports this year says Attia

Selim Hassan