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Recently Elon Musk reached an agreement with Twitter’s board of directors to buy the platform for 44 billion dollars (54.20 USD per share). This makes Musk not only Tesla’s CEO, major shareholder and the richest man on Earth but also Twitter’s new owner.&nbsp;<h2>Elon Musk: What Will He Change After Buying Twitter for 44 Billion Dollars?</h2>&nbsp;<h3>Coca-Cola</h3>&nbsp;&nbsp;Musk tweeted that he wants to buy Coca-Cola, however he did phrase it as a joke saying he will buy “Coca-Cola to out the cocaine back in”. this tweet attracted a lot of attention and prompted his followers to suggest he also buy TikTok and McDonald’s.&nbsp;&nbsp;<h2>Elon Musk loves jokes</h2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Musk was probably making a joke about Coca-Cola (cocaine is an illegal substance after all). After his Coca-Cola tweet he also tweeted “let’s make twitter maximum fun”.&nbsp;But no one really knows how Tesla’s CEO mind works. We just have to wait and see what else he can come up with.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Follow Elon Musk on&nbsp;<a href="https://twitter.com/elonmusk?t=KTOZQqK3lMTx5fiXumEDZw">Twitter</a>.

Recently Elon Musk reached an agreement with Twitter’s board of directors to buy the platform for 44 billion dollars

No one knows what Elon Musk will think of next

What’s Next for Elon Musk After Twitter Acquisition?

Orascom Construction ranked #1 according to the latest report from <a href="https://brandfinance.com/data">Brand Finance</a> in 2022 on the 10 top ranked brands in Egypt. Brand Finance estimated that Orascom Construction is worth around $558 million with the second runner up falling $97 million short.&nbsp;<h2>More about Orascom Construction:</h2>&nbsp;The company operates in the infrastructure and engineering sectors focusing on implementing major infrastructure projects in the USA, Middle East, Africa, and Central Asia.&nbsp;Second place: National Bank of Egypt (NBE) valued at $461 million.&nbsp;Third place: Eastern Co SAE, valued at $403 million.&nbsp;Fourth place: Banque Misr, valued at $335 million.&nbsp;Fifth place: Commercial International Bank (CIB), valued at $319 million.&nbsp;Sixth place: Telecom Egypt, valued at $283 million.&nbsp;Seventh place: El Sewedy Electric, valued at $242 million.&nbsp;Eighth place: Ghabbour Auto (GB Auto), valued at $184 million.&nbsp;Ninth place: IBN SINA PHARMA SAE, valued at $76 million.&nbsp;Tenth place: Talaat Moustafa Group, valued at $72 million.

Orascom Construction ranked #1 according to the latest report from Brand Finance in 2022 on the 10 top ranked

Telecom Egypt ranked #6 with a value of $283 million

Top 10 Brands in Egypt: 3 of Which Are Banks

Elon Musk successfully negotiated the acquisition of Twitter for 44 billion Dollars (54.20 USD per share) after a long process with the social media platform’s board of directors. This makes Elon Musk not only the CEO and owner of Tesla and the richest man on Earth but also the new owner of Twitter a major social media platform.What do you think Elon Musk would like to change about Twitter? Faydety will explore the changes to be made according to <a href="https://www.axios.com">Axios</a> website.&nbsp;<h2>Edit Button:</h2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In a 2019 tweet Musk said that twitter could benefit from having an “Edit” option for “when you really need it” and in TED2022 April’s conference he said that he wants Twitter to have an edit function and that it will save a lot of problems.&nbsp;That same month Musk put out a survey for his followers on whether they want an edit function or not. 44 million followers responded of which 74% voted yes.&nbsp;<h2>Open-Source Algorithm: &nbsp;</h2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Musk stated before his stance on open-source algorithm for Twitter. He tweeted “I’m worried about de facto bias in ‘the Twitter algorithm’ having a major effect on public discourse. How do we know what’s really happening?”&nbsp;&nbsp;<h2>Long Tweets:</h2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Previously Musk had suggested that long tweets should be allowed. A recent tweet of his stated that Twitter is long overdue for having longer tweets “My most immediate takeaway from this novella of a thread is that Twitter is *way* overdue for long form tweets!”.&nbsp;In case you’re not aware Twitter has an upper limit of 280characters per tweet which was increased from 140 characters in 2017.&nbsp;<h2>Spam Bots:</h2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Previously described by Musk as “the single most annoying problem on Twitter”, it is a method used by those who want to send automated messages. In April 2022 Musk tweeted “If our Twitter bid succeeds, we will defeat the spam bots or die trying!”.

Elon Musk successfully negotiated the acquisition of Twitter for 44 billion Dollars (54.20 USD per share) after a long

4 things Elon Musk wants to change about Twitter

Elon Musk: What Will He Changes After Buying Twitter?

<h4>What are Certificates of Deposits “CDs” &amp; Term Deposits “TDs”?</h4>CDs and TDS are saving instruments that are offered by most banks, whereby you deposit a certain sum of money with the bank for a specific period and they pay you an agreed-upon interest rate.<h4>What is the difference between Certificates of Deposits “CDs” &amp; Term Deposits “TDs”?</h4>While CDs &amp; TDs seem to be different instruments, they are actually the same thing. CDs typically refer to deposits with a period of greater than one year while TDS to deposits with a period of less than one year.<h4>What are the main factors to consider when researching CDs &amp; TDs?</h4>There are a few factors you need to decide on before you start comparing between different CDs &amp; TDs. Namely:<ul><li>Currency :&nbsp;Both saving instruments are offered in multiple currencies (Egyptian Pounds, US Dollars, Euros, and British Pounds)</li><li>Interest Rate Fixed vs. Floating :&nbsp;You either have a fixed interest rate for the entire period, or one that changes based on the changes done by the central bank of Egypt. Fixed is a safer investment that protects against any reduction in interest rates but loses you the potential in interest rate increases.</li><li>Time Period :&nbsp;The amount you plan to invest can be between 1 month and up to 10 years.</li><li>Breakage Penalties :&nbsp;Some of the products can include breakage penalties if you decide to withdraw your funds before the agreed time period or tenor</li></ul>

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Certificates & Saving Deposits

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Certificates & Saving Deposits

Find and compare the best deals on saving deposits (Apply online coming soon)

What are Certificates of Deposits “CDs” & Term Deposits “TDs”?

What is the difference between Certificates of Deposits “CDs” & Term Deposits “TDs”?

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