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...

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...

UAE launches website to help navigate tax system

UAE’s Federal Tax Authority (FTA) has launched its website, providing businesses and consumers with a wealth of information on the upcoming introduction of excise...

Dubai to shine with Solar panels on roof tops soon

Dubai Electricity and Water Authority (Dewa) has urged the emirate's citizens and residents to benefit from the Shams Dubai smart initiative and install solar...

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...

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...

Sharm El Sheikh and Al Alamein hubs for Egypt’s future investments and economic development

By: Amira Elhamy After three years from the Sharm El- Sheikh economic conference, 65% of projects discussed have been implemented as per the Ministry of...

99% of Dabaa Nuclear plant contracts with Russia agreed on

99% percent of the contracts necessary for the implementation of the nuclear plant project in Dabaa have been agreed on. It is expected to...

Apple powers its gadgets with artificial intelligence in the near future

Apple is working on chips to power artificial-intelligence capabilities in its gadgets, Bloomberg’s Mark Gurman reported on Friday. The chips would handle more advanced...

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...

Nasdaq launches machine intelligence-enhanced data service

Nasdaq Inc launched a service to help managers and quantitative traders better use data from social media, central bank announcements, and other sources to...

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Women honored at EGPS 2019

Minister of Petroleum and Mineral Resources Tarik El-Mulla stressed the increasing role of women in energy sector and in the various...

The Export Development Bank of Egypt opens a new branch in Beni Suef

Mr. Hani Abdul-Jaber, Governor of Beni Suef and Dr. Ahmed Galal, Vice Chairman of the Board of Directors of the Export Development...

Minister of Supply counter traders exaggerated bread pricing at the Journalists City by moving...

Dr. Ali Meselhi, Minister of Supply and Internal Trade, agreed to allocate a moving outlet for the sale of subsidized bread at...
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