WeWork to raise $4.4bn in funds from SoftBank
WeWork has just raised an extra $4.4bn in funds from SoftBank Vision Fund and SoftBank Group, according to a statement on Thursday by the...
YuMi, When Advanced Robotics meets Art
YuMi, the world’s first truly collabourative dual-arm robot, made its debut at the opera by
conducting Italian tenor Andrea Bocelli and the Lucca Philharmonic Orchestra...
Unsecured personal data on Amazon server
More than four million records of users of Time Warner Cable’s MyTWC app were found unsecured on an Amazon server last month, digital security...
Consortium including Western Digital offers $17.4bn for Toshiba chip unit
A consortium that includes Western Digital is offering 1.9tr yens ($17.4bn) for Toshibas memory chip business, which the Japanese conglomerate is trying to sell...
Huawei unveils faster phone chip
Huawei aims to use artificial intelligence-powered features such as instant image recognition to take on rivals Samsung and Apple when it launches its new...
Apple iPhone 8, iPhone 8 Plus pre order starts from September 22
It has been confirmed that the pre-orders for iPhone 8 and iPhone 8 Plus will start in India from this month. While Apple has not officially announced the...
Apple to debut three new laptops
Apple plans to announce an update to its laptop line-up at an annual conference for app developers in early June, a move that could...
Growth of Investments in Tech stocks
Over the past week, Cyber security companies have witnessed a hike in the market due to increased shares demand due to the latest world...
CBE clears multibillion-dollar backlog as FX crisis fades
Bloomberg, Egypt has cleared a multibillion-dollar backlog of foreign-currency requests from importers and foreign companies since devaluing the pound in November, a Central Bank official...
AFDB approves $55m loan for 3 solar PV projects in Egypt
The African Development Bank (AfDB) Group approved three major loans worth $55m in order to finance three solar PV projects. This comes under the...
Latest article
Al Molla inspects the Suez Methanol Derivatives Plant in Damietta
Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...
Petroleum Marine Services Company (PMS) Profits increase 28% in 2023
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...
Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...