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…
Nivex Agricultural Investment aims to maintain 2017 results
Sales last year reached $187m, says Yacoub
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…
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…
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…
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…
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…
Supporting transport initial step to boosting Egyptian exports to Africa
We need an entity linking exporters with shipping lines, says Diab
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
Baron for Agricultural Investment sales reached EGP 15.3m in 2017
We target 20% increase in the company's exports this year says Attia