Arab Finance: The board of directors of Egyptian Transport and Commercial Services Company (ETRS) (EGYtrans) is considering the acquisition of a majority stake in National Transport and Overseas Services Company (NOSCO), according to a filing to the Egyptian Exchange (EGX) on Wednesday.

Through the deal, EGYtrans aims to establish an integrated entity with unified management to increase profits and expand outside Egypt.

EGYtrans is an Egypt-based company engaged in the international sea, air, and land transportation services.

The company offers a wide range of services such as import and export, general cargo handling, dry cargo handling, customs clearance, warehousing, packing, and specialized transportation.