Egyptian Minister visits Nasr Automotive, signalling government support for industry revival – Dailynewsegypt
Egypt’s Minister of the Public Enterprise Sector Mohamed Shimi visited Nasr Automotive Company (NAC) on Saturday, in a move underlining the government’s commitment to revitalising Egypt’s automotive sector. The visit comes as NAC embarks on a strategic plan to modernise
Tesla starts selling software range unlocks for recent Model Y RWD
Tesla has started offering an “energy boost” software unlock to recent buyers of the Model Y RWD, allowing them to unlock more battery capacity – for a price.
<spanMiddle Eastern businesses face growing challenges in ethical AI integration – Dailynewsegypt
The rapid digital transformation sweeping the Middle East presents both opportunities and challenges for businesses integrating artificial intelligence (AI) technologies. While advancements in generative AI models, such as ChatGPT, offer significant benefits, ethical considerations and potential risks require careful attention.
Rotana expands in Egypt with Palma Bay resort opening in North Coast – Dailynewsegypt
Project has total investment of EGP 1.5bn
EV Engineering Virtual Conference September 2024: first session topics announced – Charged EVs
The first session topics for the Fall 2024 Charged Virtual Conference on EV Engineering are out now. Just like the content Charged brings you every day, conference topics will
Opinion| Impact of negative interest rates on economy, citizens – Dailynewsegypt
Negative interest rates pose a significant challenge for central banks, necessitating effective strategies and policies to mitigate their adverse effects on the economy. Negative interest rates represent an unconventional economic condition where nominal interest rates fall below zero. Instead of
House Committee nears completion of Egyptian government program review – Dailynewsegypt
The House of Representatives’ Special Committee tasked with reviewing the government’s program has concluded several days of intensive meetings. Discussions between committee members and relevant ministers have been constructive and objective, reflecting a growing consensus between the legislature and the
Mercedes-Benz U.S. EV Sales Sharply Declined In Q2 2024
Mercedes-Benz reports 84,662 car sales (excluding commercial vans) in the United States during the second quarter of 2024, nearly 4% less than a year ago. EVs were the main reason behind this drop.
In Q2, Mercedes-Benz sold 9,640 passenger all-electric cars,
Jason Derulo visits Giza Pyramids during Egyptian tour – Dailynewsegypt
American pop star Jason Derulo, currently on tour in Egypt, visited the Giza Pyramids Complex, a UNESCO World Heritage Site and one of the Seven Wonders of the Ancient World. Derulo’s visit coincided with the culmination of his Egyptian tour,
EDECS secures turnkey project for new container terminal at Sokhna Port – Dailynewsegypt
Leading MENA construction firm EDECS has been awarded a contract to construct a new container terminal at Sokhna Port for Red Sea Containers Terminals, a partnership between Hutchison Ports, CMA Terminals, and COSCO Shipping Ports. The project aims to significantly