EGEMAC consortium to set up Naga Hammadi transformer station for EGP 721m

Cost self-financed, project to be completed within 12 months, says Abdel Rahim

Mohamed Farag

Visa appoints Marcello Baricordi as general manager for MENA

Visa announced, in a Monday press statement, the appointment of Marcello Baricordi as its general manager for the Middle East and North Africa (MENA). Baricordi, a Visa and payments industry…

Daily News Egypt

King Farouk’s auctioned watch sets record 

Watch obtained by unidentified buyer through phone call during auction

Mohamed Abdel Megeed

Drinking 4 to 8 cups of coffee daily affects human brain like cannabis 

Coffee changes many more metabolites in blood than previously known

Mohammed El-Said

16% decline in EGF Hermes’ profit in 2017

Egyptian Financial Group Hermes Holding (EFG Hermes) announced in a press statement a decline of 16% year-over-year in EFG Hermes’ consolidated profits during 2017. The company added that it achieved…

Daily News Egypt

CBE to review interest rates on Thursday

Market uncertainty over expected MPC decision, as inflation eases, interest on dollar rises globally

Hossam Mounir

Would a global cyber ethics commission help ‘counter the lies’ of the tech lobby?

For computer scientist Hany Farid, developing image analysis tools that can stop illegal content online is not enough. He says we all need to take responsibility, not least the companies…

Deutsche Welle

High Five: 5 artists that make you look twice

You won't believe your eyes when you look at these artists' works. Illusionists M.C. Escher, street artist Leon Keer, and others turn optical illusions into art. It takes a second…

Deutsche Welle

EEHC looks to borrow $90m for Upper Egypt Electricity

Loan to finance maintenance programmes, GE began implementation, says El-Shahat

Mohamed Farag

COOP to establish 7 gas stations in Kafr El-Sheikh

Petroleum Cooperative Society Company (COOP) has signed a protocol with the Governorate of Kafr El-Sheikh to establish seven new stations to service and supply cars with fuel, as a first…

Daily News Egypt