News

Egypt Secures $345 Million For Electric Railway Project

The ambitious new project will link Ain Sokhna on the Red Sea to Marsa Matrouh and Alexandria on the Mediterranean.

Published

1 year ago

April 3, 2023

Nour Nasir

egypt secures $345 million for electric railway project

Siemens

Over the past few years, Egypt has been investing in multiple road, river, and rail projects in a bid to reduce its environmental impact. The Islamic Development Bank recently approved $344.5 million of funding to finance Phase I of the Electric Express Train Project. The massive civil engineering construction will benefit 25 million people annually and decrease CO2 emissions by approximately 250,000 tons per year.

According to a press release, Ain Sokhna on the Red Sea, Marsa Matrouh and Alexandria on the Mediterranean will be linked by a 660 km track.

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“The transformative projects approved in this board meeting will have a significant impact on improving transportation, education, and energy, as well as promoting regional economic integration and addressing emergencies,” says Muhammad Al-Jasser, president and board chairman of IsDB.

The electric train will connect all of Egypt’s governorates and comprise three lines, each with 60 stations and a total of 2,000 km of track. The first line will stop at 22 locations from Ain Sukhna to Hadayek October, Alexandria, El Alamein, and Marsa Matrouh.

News

Samsung Galaxy Ring Wearable Will Launch In Eight Sizes

A recent Korean report reveals the model numbers of the new health tracking device, as well as details of its key features.

Published

2 days ago

April 25, 2024

Nour Nasir

samsung galaxy ring wearable will launch in eight sizes

The global launch of the Samsung Galaxy Ring is hotly anticipated, with details about the next-gen wearable gradually emerging since the company’s teaser announcement back in January. Now, a report has also unveiled the model numbers for the device, suggesting it will be available in eight different sizes.

While Samsung has yet to divulge detailed specs and features of the Galaxy Ring, it’s likely to feature an array of health and sleep monitoring functionalities, while boasting a battery life of up to nine days on a single charge.

As per a Galaxy Club report, there are currently eight confirmed variants of the Galaxy Ring: SM-Q500, SM-Q501, SM-Q502, SM-Q505, SM-Q506, SM-Q507, SM-Q508, and SM-Q509.

However, the mystery shrouding two absent model numbers persists, leaving speculation as to whether they signify additional sizes or if Samsung plans to unveil a later ninth variant of the ring, as previously hinted. There’s conjecture that these models may correspond to US ring sizes 5 and above, commencing with the SMQ500, with subsequent numbers potentially indicating larger ring sizes, possibly reaching up to size 13, aligning with model number SM-Q509.

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Recent Korean reports have shed light on how Samsung’s Mobile eXperience division (MX) collaborated with the Home Appliance department to integrate Samsung Food with the Galaxy Ring: Tailored for daily activity tracking, the Galaxy Ring, when paired with Samsung Food and an intelligent Samsung refrigerator featuring AI vision, delivers personalized dietary guidance based on calorie intake and BMI.

Samsung is banking on the user-friendly interface and high durability of the ring to redefine the healthcare wearables landscape. Meanwhile, Apple is also making strides in the development of a smart ring, aimed at monitoring users’ health biometrics discreetly when worn on the finger. According to the Electronic Times report, Apple has been closely monitoring market interest in this more inconspicuous alternative to a traditional watch.