Back to the complete issue
Thursday, 9 June 2022

On display this month: The earliest EGP banknotes. Plus: Astronomers discover “fast radio bursts” from a dwarf galaxy

Get a glimpse of EGP banknotes from the late 19th and mid-20th century: The National Bank of Egypt (NBE) will be displaying the very first EGP banknotes issued in the country, which date back to the year 1899, at the grand opening of the NBE exhibition of 21 June, according to a statement (pdf). The exhibition, which will be held at the NBE’s headquarters in downtown Cairo, will coincide with the 124th anniversary of the NBE’s establishment. The exhibition will also include historic documents that weave the story of the bank’s past in an effort to spotlight the bank’s longstanding legacy in the country.

Cosmic puzzles: Astronomers have detected fast, “mysterious” radio signals emanating from a dwarf galaxy 3 bn light-years away from our blue planet, CNN reports. The 13 signals, known as fast radio bursts (FRBs), or repeaters, were picked up by a telescope in Canada. The nature and source of the radio signals remain unknown. Unlike most radio waves that have been detected by researchers before, FRBs are short, recurring energetic pulses stemming from a single source. FRBs have only been observed by astronomers once before. The discovery is significant for astronomers, who say this new source will make studying repeaters an easier feat, and will enable us to understand the nature and origin of these cosmic mysteries.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.