company

Naguib Sawiris eyes 51% of state-owned gold mining company
Business

Naguib Sawiris eyes 51% of state-owned gold mining company

Egyptian billionaire Naguib Sawiris on Sunday announced his interest in acquiring 51 percent of the Shalateen Mineral Resources Company (SMRC).…
Bytedance: The Chinese company behind global TikTok craze
Technology

Bytedance: The Chinese company behind global TikTok craze

The Chinese billionaire behind teen phenomenon TikTok is a 36-year-old tech guru whose eye for youth trends and pioneering use…
Fosun buys Thomas Cook brand for £11 million
World

Fosun buys Thomas Cook brand for £11 million

Chinese conglomerate Fosun has snapped up the Thomas Cook brand for £11 million ($14.2 million), weeks after the renowned British…
Monsanto kept ‘watch lists’ in seven EU countries: Bayer
World

Monsanto kept ‘watch lists’ in seven EU countries: Bayer

Bayer’s public relations headaches over its mammoth takeover of Monsanto intensified Tuesday, as a scandal about “watch lists” of pro-…
“Go Clean”: Door-to-door initiative incentivizes recycling
Features/Interviews

“Go Clean”: Door-to-door initiative incentivizes recycling

The “Go Clean” recycling company, established two years ago, has just launched a door-to-door initiative through which the company directly…
With IPO due, Uber aims to be ‘Amazon of transportation’
World

With IPO due, Uber aims to be ‘Amazon of transportation’

Uber, the ridesharing behemoth set to launch a stock offering soon, is aiming beyond sharing car rides to becoming the…
Govt launches its first public offering in Egyptian Stock Exchange
Business

Govt launches its first public offering in Egyptian Stock Exchange

Egypt’s government launched its first public offering on Sunday within the Egyptian Stock Exchange with a 4.5 percent share of…
Edita launches first ever donut line in Egypt
Business

Edita launches first ever donut line in Egypt

Egypt’s largest snack-food producer, Edita, is begining the first ever donut line in Egypt at its new E08 factory in Sixth of…
Electricity company reading to be established
Egypt

Electricity company reading to be established

An official source with the Ministry of Electricity said that there are ongoing negotiations with officials of a private company…
Amreya Spinning and Weaving company to close for 1 month
Egypt

Amreya Spinning and Weaving company to close for 1 month

The president of Misr El Amreya For Spinning and Weaving in Alexandria announced he will shut down the company for…
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