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Tax Experts Outline 5 Challenges and Strategic Solutions for the Success of...The Egyptian Society of Taxation Experts stated that the newly approved Tax Sukuk by President Abdel Fattah El-Sisi represents a novel financing mechanism designed to secure immediate government liquidity at a lower...
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Egypt’s Finance Minister at BRICS: Integrating AI and Digital Systems is Crucial...Egyptian Minister of Finance Ahmed Kouchouk emphasized the critical importance of integrating digital systems and Artificial Intelligence (AI) into structural reforms. This integration, he noted, is essential for developing human capital, boosting...
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EGX Chairman Showcases Investment Opportunities to Kuwaiti Investors as Market Cap Exceeds...Omar Radwan, Chairman of the Egyptian Exchange (EGX), reviewed the latest market performance developments and promising investment opportunities for Kuwaiti investors during a recent virtual seminar. The event was organized by the...
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Russia Authorizes Regulated Trading for Bitcoin, Ethereum, and Tether Under New Crypto...Russia is moving toward permitting the organized trading of Bitcoin, Ethereum, and Tether (USDT) after the Central Bank of Russia classified them among the most liquid digital assets eligible for public trading....
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UAE Gold Prices Rise on Wednesday, August 12, 2026, Tracking Global Market...Gold prices in the United Arab Emirates recorded a relative increase across all karats on Wednesday, August 12, 2026, compared to the levels recorded on Tuesday. This domestic price movement mirrors the...
TechnoTime Emirates
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Trump International Hotel amp; Tower Dubai Moves Ahead With Construction on Sheikh...Construction of the Trump International Hotel Tower Dubai is progressing in line with the approved schedule, advancing work on one of the latest ultra-luxury additions to the city’s rapidly evolving skyline. Rising...
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Ajman Real Estate Transactions Reach AED 1.65 Billion in July as Market...Ajman’s property market recorded AED 1.65 billion in real estate transactions during July 2026, extending the emirate’s strong run of activity as investor demand remained resilient across residential and investment properties. The...
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Ras Al Khaimah Draws AED 771.5 Million in New Investment in First...Ras Al Khaimah attracted AED 771.5 million in new investment during the first half of 2026, as the emirate continued to broaden its investor base and strengthen its position as an emerging...
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UAE and Egypt Agree Five-Year Expansion of Air Transport RightsThe United Arab Emirates and Egypt have agreed to gradually expand bilateral air transport rights over the next five years, opening the door to increased flight capacity and new opportunities for airlines...
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Dubai Property Transactions Near AED 500 Billion in Seven MonthsDubai’s real estate market moved closer to the AED 500 billion mark in total transactions during the first seven months of 2026, extending the sector’s strong performance despite wider geopolitical and economic...
Business
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Orascom Development Egypt Reports 30% Growth in Real Estate Sales to EGP...Orascom Development Egypt (ODE) has announced its consolidated financial results for the first half (H1) of 2026, delivering an outstanding operational performance despite ongoing economic and geopolitical challenges. The company noted that,...
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Obour Lands Consolidated Net Profit Rises 5.4% to EGP 409.2 Million in...The consolidated financial statements of Obour Land for Food Industries revealed a 5.4% year-on-year (YoY) increase in the companys net profit during the first half (H1) of 2026. According to the financial...
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Gourmet Egypt Reports 46.1% Surge in Net Profit to EGP 139.4 Million...Gourmet Egypt.com for Food reported a robust 46.1% increase in its net profit after tax during the first half (H1) of 2026, reaching approximately EGP 139.45 million, compared to EGP 95.46 million...
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ADNOC Lamp;S Reports Record Q2 and H1 2026 Results, Upgrades Full-Year Guidance...ADNOC Logistics Services (ADNOC L S) delivered record financial results during the second quarter and first half of 2026. This outstanding performance, primarily driven by the robust shipping and logistics sector, prompted...
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GM to Sell Stake in $3.5 Billion Indiana Battery Plant to Samsung...General Motors (GM) is planning to sell its stake in an electric vehicle (EV) battery manufacturing joint venture in Indiana to its South Korean partner, Samsung SDI. The move reflects a broader...
Technology
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Googles Gemini Surpasses 1 Billion Monthly Users, Driven by Surging Voice and...Google has announced that its AI assistant, Gemini, has officially crossed the 1 billion monthly active users milestone. This achievement underscores the rapid adoption of generative AI tools and positions Gemini as...
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GEEKS STORE Signs Strategic Partnership with iFLYTEK, Becoming the Exclusive National Distributor...GEEKS STORE has announced the signing of a strategic partnership agreement with iFLYTEK, a leading Chinese artificial intelligence (AI) company. Under this agreement, GEEKS STORE becomes the sole and exclusive national distributor...
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LRNOVA Launches the First Specialized Arabic AI Model for Educational Videos and...LRNOVA, a pioneering company specializing in AI technologies for education, has announced the launch of a new AI model dedicated to generating instructional videos and virtual characters (AI Avatars). This release is...
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Uber Sells Entire Stake in Serve Robotics, Ending Years of Partnership in...Uber has sold its entire stake in Serve Robotics, a developer of autonomous delivery robots, marking the end of its investment in the startup that spun out of Postmates robotics division following...
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China to Deploy Robotic Dogs for Lunar Exploration and Permanent Base Construction...China is planning to employ smart robotic dogs to explore the lunar surface and assist in preparing the necessary conditions for establishing a permanent base on the Moon by 2035. This futuristic...
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Solar amp; Storage Live Egypt 2026 Draws Energy Professionals as Expo Enters...The exhibition floor remains vibrant as Solar Storage Live Egypt 2026 enters the final hour of its first day, bringing together thousands of energy professionals from Egypt and across the region. Silver...
Smart cities
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Egypt’s Solar Potential Takes Center Stage at Solar amp; Storage Live Egypt...Egypt’s potential to emerge as a global solar power hub is taking center stage at Solar Storage Live Egypt 2026, with industry experts discussing how the country can harness its abundant desert...
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Senate Housing Committee Head: Presidential Directives to Monitor Real Estate Projects Aim...Dr. Ahmed Shaarawy, Head of the Housing Committee in the Senate, affirmed that the directives issued by President Abdel Fattah El-Sisi to form a committee to monitor and inspect ongoing real estate...
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**Emaar Misr Swings to EGP 2.2 Billion Q2 Loss on FX Hit,...Emaar Misr for Development shifted to a net loss of EGP 2.2 billion during the second quarter of 2026, a stark contrast to the net profit of approximately EGP 587.5 million recorded...
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Dubai Municipality Launches Innovative AI System for Fully Automated Building PermitsDubai Municipality has announced the launch of a pioneering Artificial Intelligence (AI) project designed to fully automate the issuance of building permits. This qualitative leap reinforces Dubai’s leadership in digital transformation and...
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Tether Partners with First Data and BKN301 to Pioneer Real Estate Tokenization...Digital asset leader Tether has announced a strategic collaboration with First Advanced Data for Artificial Intelligence (First Data) and BKN301. The partnership aims to deploy Tether’s Hadron platform as the foundational technology...
Banks
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US Dollar Exchange Rates Stabilize Against the Egyptian Pound on Wednesday, August...The US Dollar (USD) maintained relative stability against the Egyptian Pound (EGP) at the start of trading on Wednesday, August 12, 2026, according to the latest updates from state-owned and private banks...
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Emirates NBD - Egypt Elevates Premium Banking Suite for High-Net-Worth and International...Emirates NBD - Egypt has significantly enhanced its premium banking ecosystem, introducing an integrated suite of solutions tailored for high-net-worth individuals and globally oriented clients. The new offerings seamlessly combine comprehensive wealth...
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Housing and Development Bank (HDB) Consolidated Net Profits Rise 12.8% to EGP...The Housing and Development Bank (HDB) reported a solid 12.8% increase in its consolidated net profit after tax during the first half (H1) of 2026, reaching approximately EGP 10.78 billion, up from...
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Currency Exchange Rates in Egypt – Tuesday, August 11, 2026Foreign and Arab currency exchange rates remained broadly stable against the Egyptian Pound (EGP) today, according to the latest official exchange rate updates. The following table outlines the current buying and selling...
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Reserve Bank of Australia Holds Benchmark Interest Rate Steady at 4.35%The Reserve Bank of Australia (RBA) has announced its decision to keep its benchmark interest rate (cash rate) unchanged at 4.35%.
Fin tech
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valU Jordan and Hypermax Forge Strategic Partnership to Introduce BNPL Solutions Across...valU Jordan, a leading financial technology company in the Middle East and North Africa (MENA) region, has announced a strategic partnership with Hypermax, the grocery retail brand fully owned by Majid Al...
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eFinance to Fully Acquire Tamweely in EGP 4.8 Billion Cash-and-Share DealEgypt’s eFinance Investment Group is making one of its biggest strategic moves beyond digital payments infrastructure, agreeing to acquire 100% of Tamweely Microfinance in a cash-and-share transaction that will give the state-backed...
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valU Eyes Expansion into North Africa and the Levant Following Successful Launch...Leading fintech player valU is actively targeting expansion into the North Africa and Levant markets as the next critical phase of its regional growth strategy, following the successful launch of its operations...
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Ostoul Securities Highlights Fawry’s Transformation into Integrated NBFI and Fintech PowerhouseThe research unit at Ostoul Securities Brokerage has issued a comprehensive report on Fawry for Banking Technology and Electronic Payments. The report highlighted that Fawry has successfully transformed its value chain, solidifying...
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valU and banknxt Launch 10% Cashback Offer on Credit Card Transactions at...In a move aimed at enhancing customer benefits, valU has partnered with banknxt to launch a new promotional campaign. The initiative allows their shared customers to redeem a percentage of their financial...
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Flash and Banknbox Launch Egypt’s First Sound Box Payment Solution Following CBE...Flash, a leading digital payment platform in Egypt, has announced the launch of the country’s first-ever Sound Box payment solution. Developed in collaboration with banknbox, a specialized Banking-as-a-Service (BaaS) provider, this milestone...
Cars
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Uber Unveils $10 Billion Plan to Deploy 120,000 Autonomous Vehicles Across 15...In a massive pivot toward the future of mobility, Uber plans to inject over $10 billion in the coming years to rapidly expand its autonomous taxi fleet. The ride-hailing giant aims to...
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Haval Jolion Prices Rise in Egypt, Entry Model Now Starts at EGP...Haval Jolion has become the latest locally assembled model to see a price adjustment in Egypt, with GB Auto raising prices of the 2027 model year by up to EGP 35,000 across...
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Ahmed Ali Appointed General Manager of Omoda and Jaecoo at Ezz Elarab...hamdy abdelrashid Ahmed Ali has recently been appointed as the General Manager for the Omoda and Jaecoo brands under the umbrella of Ezz Elarab Automotive Group. He brings over 20 years of...
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Teymour Ismail Appointed as General Manager of BAIC and ZEEKR at EIM...hamdy abdelrashid Teymour Ismail has recently been appointed as the General Manager for the BAIC and ZEEKR brands under the umbrella of EIM Auto Group. This appointment leverages his extensive expertise in...
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Toyota Braces for Fifth Consecutive Quarterly Profit Drop Amid Sales Slowdown and...Toyota Motor, the worlds largest automaker by sales, is poised to report its fifth consecutive quarterly decline in operating profit. The company is currently navigating a complex web of operational pressures, primarily...
cyber security
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Arab Security Conference Opens Voting for 2026 Cybersecurity Influencer AwardOrganisers of the 10th Arab Security Conference have opened public voting for the Arab Cybersecurity Social Media Influencer Award 2026, an initiative that recognises Arab content creators and cybersecurity professionals whose work...
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Kaspersky Study Finds Nearly Half of Tech-Enabled Abuse Victims Know Their PerpetratorsNearly one in two victims of technology-facilitated abuse have been targeted by someone within their own social circle, according to the second installment of a new global report released by Kaspersky, highlighting...
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Kaspersky Study: Parents Who Share More Online Are Less Motivated to Practice...Parents who frequently share photos, videos, and personal information about their children on social media are less likely to be motivated to adopt digital safety measures, according to a new study conducted...
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Huawei Watch Face Program Partners with Ajman University to Develop Emerging Digital...Huawei Watch Face (MEA) has partnered with Ajman University to launch a designer cultivation and recruitment initiative aimed at developing emerging digital talent and expanding opportunities for creators within Huaweis smartwatch ecosystem...
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JATDEV Targets Expansion with Huawei Cloud Across Financial and Government Sectors Within...Company Plans Regional Expansion into Gulf and Arab Markets by 2028 JATDEV is planning to deepen its strategic partnership with Huawei Cloud over the next two years as part of an...
Markets
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Beltone Holding Shares Rise 3.7% in July, Market Value Nears EGP 33...Shares of Beltone Holding posted solid gains on the Egyptian Exchange during July, rising 3.7% over the month and adding nearly EGP 1.2 billion to the companys market capitalization. The stock closed...
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Gold Prices Slip in Egypt as 21-Karat Loses EGP 30 per GramGold prices edged lower in Egypt during Friday’s trading, with the widely traded 21-karat grade falling by around EGP 30 per gram amid weaker global bullion prices and subdued demand in the...
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Trump Media to Sell Wall Street Faster Access to Market-Moving Truth Social...Trump Media Technology Group is preparing to sell banks, hedge funds and algorithmic trading firms faster access to posts published on Truth Social, including messages from US President Donald Trump that can...
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IBM’s Historic Stock Rout Exposes a New Winner in the AI Spending...IBM’s worst trading day in nearly six decades delivered an unexpected signal to investors: the artificial intelligence boom is redirecting corporate technology budgets away from traditional software and services and towards scarce...
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PayPal Shares Surge as Stripe and Advent Launch $53 Billion Takeover BidPayPal shares recorded their strongest one-day gain on record after payments giant Stripe and private equity firm Advent International reportedly submitted a joint takeover proposal valuing the company at more than $53...
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Alibaba Bans ”Claude Code” AI Tool Internally Over Security Concerns Amid Distillation...Alibaba has decided to ban the use of the intelligent programming tool Claude Code within its work environments following mounting security concerns regarding potential vulnerabilities or built-in backdoors in the software. According...
Ai
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Facebook ranks worst for online harassmentA new global survey has found Facebook to be the leading platform for online abuse targeting land and environmental defenders, with over 90 percent of respondents reporting some form of digital harassment....
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Madrid puts a stop to screens in classroomsThe Community of Madrid has decided to set limits on screen use in the earliest stages of education. The new decree, which will come into effect in the 2025/26 academic year, introduces...
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More than 600,000 accounts linked to predatory behavior-cnbc- on Wednesday introduced new safety features for teen users, including enhanced direct messaging protections to prevent exploitative content. Teens will now see more information about who they re chatting with, like...
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Dubai launches world’s first icon classification for Human–Machine Collaboration for AI transparencyDubai launches world s first icon classification for Human Machine Collaboration for AI transparency Dubai has launched the world s first Human-Machine Collaboration Icons - a system that makes visible the invisible,...
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YouTube wipes out thousands of propaganda channels linked to China, Russia, othersGoogle announced Monday the removal of nearly 11,000 YouTube channels and other accounts tied to state-linked propaganda campaigns from China, Russia and more in the second quarter. The takedown included more than...
Mobiles
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Massive Battery, Rugged Build, and Easy Google Apps: Why the HUAWEI nova...Smartphone enthusiasts will agree that the new HUAWEI nova 15 Max is probably the most underrated phone of the year. It packs everything young users need to power through summer break. It...
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Power Without Limits: vivo Y500 Officially Launches in Egypt with the Largest-Ever...vivo Egypt today officially announced the launch of the all-new vivo Y500, the latest addition to its Y Series lineup that redefines what consumers can expect from an entertainment-focused smartphone. Combining vivos...
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OPPO Unveils Reno16 Series for Egypt, Expands Local Manufacturing and AI AmbitionsOPPO is set to launch its new Reno16 Series in Egypt on August 11, introducing a new generation of AI-powered smartphones while expanding its local manufacturing footprint as part of a broader...
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OPPO Reno16 Series Set to Launch in Egypt, Combining Advanced AI Capabilities...OPPO, the worlds leading smart device brand, has announced that the Reno16 Series is set to officially launch in Egypt on August 11 under the theme of “Your Vibe, Your Way”, marking...
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Why the HUAWEI nova 15 Max is the Most Dependable Phone of...In a market crowded with incremental upgrades like Egypt, the HUAWEI nova 15 Max makes a compelling case for what a modern smartphone that prioritises real endurance, dependable durability, and imaging. This...
تكنوتايم بالعربي
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«إي فاينانس» تستحوذ على «تمويلي» بالكامل في صفقة نقدية وتبادل أسهم للتوسع...وافقت مجموعة «إي فاينانس للاستثمارات المالية والرقمية» على الاستحواذ على كامل أسهم شركة «تمويلي للخدمات المالية»، في خطوة تنقل المجموعة إلى مرحلة جديدة من التوسع في الخدمات المالية غير المصرفية وتمويل المشروعات...
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التموين والإنتاج الحربي وجهاز مستقبل مصر يبحثون تعزيز التعاون لدعم المشروعات القومية...في إطار توجه الدولة لتعزيز التكامل بين مؤسساتها وتوظيف القدرات الوطنية، عقد الدكتور المهندس صلاح سليمان جمبلاط، وزير الدولة للإنتاج الحربي، اجتماعًا مع الدكتور شريف فاروق، وزير التموين والتجارة الداخلية، والدكتور بهاء...
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”قرة لمشروعات الطاقة والاستثمار” ترفع رأس مالها بقيمة 405 مليون جنيه وتفوز...القاهرةxxxx أعلنت شركة «قرة لمشروعات الطاقة والاستثمار» عن فوزها بتنفيذ الأعمال المتكاملة لإنشاء المصنع الجديد للشركة اليابانية يازاكي مصر للأنظمة الكهربائية (YAZAKI EDS Egypt)، إحدى شركات مؤسسة يازاكي العالمية المتخصصة في تصنيع...
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بنك قناة السويس يواصل تحقيق نتائج قوية خلال النصف الأول من 2026...حقق بنك قناة السويس صافي أرباح البنك تجاوز 3.6 مليار جنيه مصري بنهاية يونيو 2026 مقارنة بنحو 3.1 مليار جنيه مصري بنهاية يونيو 2025، محققًا نسبة نمو قدرها 17.7%، مدعومًا بزيادة صافي...
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الجهاز القومي لتنظيم الاتصالات يحيل شركات المحمول الأربع إلى النيابة العامة بشأن...في إطار متابعة الجهاز القومي لتنظيم الاتصالات للشكاوى الواردة من بعض المستخدمين بشأن وجود خطوط هاتف محمول مسجلة ببياناتهم الشخصية دون علمهم أو حيازتهم لها، وفي إطار التعاون المستمر والدائم بين الجهاز...