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NewsNews
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SpaceX’s Historic Nasdaq IPO Triggers Multi-Billion Dollar Surge for Prince Alwaleed bin...The historic listing of SpaceX on the US Nasdaq exchange has delivered an extraordinary boost to the wealth of Prince Alwaleed bin Talal. A powerful rally in the company’s stock significantly elevated...
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Business and Education Leaders Call Human Capital the Cornerstone of Sustainable Growth...Investing in learning and talent development has become one of the most critical strategic priorities for organizations seeking long-term growth, innovation, and resilience, according to business, education, and human resources leaders participating...
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Middle East Conflict Prompts World Bank to Cut Global Growth ForecastThe World Bank has lowered its outlook for global economic growth, warning that escalating geopolitical tensions in the Middle East are adding fresh uncertainty to an already fragile global economy and threatening...
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Gold Jumps 2% as Inflation Fears Ease After Trump Scraps Planned Strikes...Gold prices surged nearly 2% in global trading after U.S. President Donald Trump reportedly decided against launching planned military strikes on Iran, easing concerns about a broader regional conflict and reducing fears...
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TIEC Launches Growth Marketing Bootcamp to Help Startups Turn Strategy into Scalable...The Technology Innovation and Entrepreneurship Center (TIEC), an affiliate of the Information Technology Industry Development Agency (ITIDA), has announced the launch of the “Startup Growth Marketing Bootcamp: From Strategy to Digital Execution,”...
TechnoTime Emirates
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DP World Studies New Logistics and Distribution Projects in Egypt to Boost...DP World is exploring opportunities to establish new logistics and distribution projects in Egypt as part of its strategy to strengthen supply chains, support industrial growth, and enhance the country’s role as...
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Emirates Showcases Giant A380 at Berlin Air Show, Welcomes German Chancellor OnboardEmirates Airline drew significant attention at the International Aerospace Exhibition (ILA) Berlin 2026 after showcasing its flagship Airbus A380, which became one of the event’s most visited attractions and hosted high-profile national...
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Launch of Dhabi: The First Local Bank Designed to Attract the World’s...In a move that underscores Abu Dhabi’s growing ambitions to become a global wealth management hub, the emirate has announced the launch of Dhabi, the first locally established private bank dedicated exclusively...
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Abu Dhabi Securities Exchange Participates in HSBC GCC Exchanges Conference in LondonThe Abu Dhabi Securities Exchange (ADX) participated in the HSBC GCC Exchanges Conference held in London, as part of ongoing efforts to strengthen international investor engagement and highlight investment opportunities across Gulf...
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Mohammed Bin Rashid Innovation Fund Partners With Numu Platform to Expand Financing...The Mohammed Bin Rashid Innovation Fund (MBRIF) has signed a strategic partnership agreement with Numu Platform aimed at expanding financing solutions and improving access to capital for innovative startups and high-growth companies...
Business
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One in Every Thousand: European Countries Where the Ultra-Rich Earn the Highest...Europe is often associated with strong social welfare systems, progressive taxation, and relatively balanced income distribution. Yet beneath that image lies a small group of ultra-wealthy individuals whose earnings far exceed those...
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Alwaleed bin Talal’s Wealth Hits Highest Level Since 2012 as Tech Bets...Saudi billionaire investor and businessman Prince Alwaleed bin Talal has seen his fortune climb to its highest level in more than a decade, benefiting from a strong rally in technology investments and...
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Ahmed Embaby Leads Strong Egyptian Presence on Forbes Middle East’s Top Marketing...Egyptian marketing executives dominated Forbes Middle East’s 2026 ranking of the region’s most influential Chief Marketing Officers, with 21 Egyptian leaders featured among 101 executives representing 100 major organizations across the Middle...
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Standardizing the Supply Chain: How Food Safety and Commercial Diplomacy are Anchoring...2026 In modern international trade, securing a deal during a B2B matchmaking session is only half the battle. The true challenge lies in navigating the complex maze of non-tariff barriers, custom clearances,...
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eYouth and Doroob Partner to Expand Digital Skills Training and Employment Opportunities...Egyptian educational technology company eYouth has announced a strategic partnership with Syrian startup Doroob to expand digital education and employment-focused training programs for young people across Syria, as both organizations seek to...
Technology
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Arab African Investment Holding Opens Subscriptions for Two New Kanz Equity Funds...Arab African Investment Holding (AAIH), a subsidiary of Arab African International Bank (AAIB), has announced that subscriptions will open tomorrow, Sunday, June 14, 2026, for two new tranches of its multi-issuance cumulative...
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I-Score Issues Official Warning Against Rising Cyber Fraud and Impersonation Attempts in...The Egyptian Credit Bureau (I-Score) has issued an official warning to consumers regarding an increase in cyber fraud attempts. Fraudsters are exploiting the companys brand name through spoofed applications, fake social media...
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Fintech Gate: UAE Ranks 1st in Middle East, 31st Globally in Thunes...The United Arab Emirates (UAE) has secured the top position in the Middle East and ranked 31st globally in the 2026 Thunes Cross-Border Payments Interoperability Index. Covering 50 nations, the index evaluates...
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Huawei Cloud Showcases AI-Powered Fintech Innovation and Secure Cloud Infrastructure at Egypt...Huawei Cloud brought together financial institutions, fintech companies, technology partners, and industry experts at the Huawei Cloud Fintech Summit 2026, highlighting the growing role of artificial intelligence, cloud computing, and secure digital...
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The Ministry of Communications and Information Technology launches an awareness message campaign...The Ministry of Communications and Information Technology launched an awareness text messages campaign to consolidate the concepts of digital awareness in Egyptian society and introduce the awaa platform. Net www.wa3i.net, which aims...
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EUI Students Showcase 17 Industry-Ready Games Inspired by Egyptian Culture and HeritageThe Faculty of Digital Arts and Design at Egypt University of Informatics has successfully concluded its annual Game Design Final Showcase, highlighting the graduation projects of students enrolled in the university’s Game...
Smart cities
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Al Ahly Sabbour’s Dina Attallah Named Among Forbes’ Most Powerful Marketing Leaders...Dina Attallah, Marketing Director at Al Ahly Sabbour Development, has been featured in Forbes’ prestigious list of the Most Powerful Marketing Leaders in the Middle East for the year 2026. Attallah has...
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ESLSCA University CEO Karim El-Hennawey Advocates for a Paradigm Shift Toward Applied...Karim El-Hennawey, Secretary-General and CEO of ESLSCA University, asserted that the education sector is undergoing a radical shift in the philosophy of knowledge delivery. He noted that the current era can no...
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Madinet Masr CEO Abdallah Sallam: Continuous Learning is a Strategic Asset for...Abdallah Sallam, CEO of Madinet Masr, asserted that modern organizations face a rapidly evolving reality driven by swift technological advancements and shifting business models. Consequently, investing in continuous learning and skill development...
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CI Capital Advises the National Service Projects Organization on its Strategic Partnership...CI Capital is acting as Exclusive Financial Advisor to the National Service Projects Organization on its strategic partnership with Taqa Arabia Cairo, 11 June 2026: CI Capital (CICH.CA), Egypts leading diversified financial...
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CI Capital acted as Sole Financial Advisor, Issuance Manager, Bookrunner and Lead...CI Capital (CICH.CA), the leading diversified financial services group, announced today the successful conclusion of a securitized bond issuance worth a total of EGP 1.77 bn for El Taamir Securitization, in...
Banks
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Afreximbank Cancels 2026 Annual Meetings in Egypt’s New Alamein, Shifts Shareholders’ Meeting...The Board of Directors of the African Export-Import Bank (Afreximbank) has decided to cancel the bank’s 2026 Annual Meetings, which were scheduled to take place in Egypt’s New Alamein City from June...
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USD Exchange Rate Stabilizes Against EGP on Saturday; Expat Remittances Hit Record...The US dollar exchange rate stabilized against the Egyptian pound (EGP) during Saturday’s transactions across automated teller machines (ATMs), following a slight increase recorded on Thursday. CBE Exchange Rates According to the...
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CBE Announces Banking Holiday Next Thursday for Islamic New YearThe Central Bank of Egypt (CBE) has officially announced that all banks operating in the Egyptian market will suspend operations next Thursday, June 18, 2026, in observance of the Islamic New Year...
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National Bank of Egypt Joins Egyptian Education Alliance to Support Development of...The National Bank of Egypt (NBE), CIRA Education, and ten additional corporate and institutional partners have signed a shareholders’ agreement governing the newly established Egyptian Education Alliance, a strategic initiative aimed at...
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HSBC and Mastercard Launch AI-Powered ”Smart Agent” B2B Payment Pilot in SingaporeHSBC and Mastercard have partnered to launch a live, first-of-its-kind pilot project in Singapore testing a new business-to-business (B2B) payment model driven by AI-powered smart agents. The initiative marks a major acceleration...
Fin tech
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Huawei Cloud Hosts FinTech Summit 2026, Showcasing Local Cloud Capabilities and AI-Driven...Huawei Cloud successfully hosted the Huawei Cloud FinTech Summit 2026, gathering an elite group of financial institution representatives, fintech innovators, cloud computing experts, and industry leaders. The summit explored the future of...
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WE Launches 2026 World Cup Campaign Offering Free Gigabytes and Shopping Vouchers...Hamdy Abdelrashid Telecom Egypt (WE) has officially launched an interactive promotional campaign tied to the 2026 FIFA World Cup, designed to reward football fans with free data and commercial vouchers based...
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Roam Like a Pharaoh: Vodafone’s New Data Bundle Offers Unlimited Surfing Across...Hamdy Abdelrashid Vodafone Egypt is giving itsg lobetrotting customers the ultimate freedom to surf the web without boundaries. The telecom giant has just dropped its new Pharaohs Bundle, specifically engineered for...
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Sahl Launches Referral Campaign Offering Cash Rewards for New User RechargesSahl, the leading digital payments and services platform, has announced the launch of an exclusive referral promotional campaign, allowing existing users to earn cash rewards by inviting friends to join the platform....
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Souhoola Partners with The Closet to Launch Premium 6-Month Interest-Free Shopping PromotionSouhoola, a prominent consumer finance company, has rolled out an exclusive promotional campaign in partnership with the renowned fashion retailer, The Closet. The collaboration offers customers flexible and seamless payment plans spanning...
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Souhoola Targets 40% Growth in 2026 as Financing Volume Reaches EGP 2.5...CEO Ahmed El Shanawany Highlights Expansion Plans, Customer Growth and Strong Banking Partnerships at Huawei Cloud FinTech Summit 2026 Souhoola Consumer Finance is on track to achieve approximately 40% growth in 2026,...
Cars
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GB Corp CHRO George Sedky Announces EGP 5 Billion Automotive Plant in...George Sedky, Chief Human Resources Officer (CHRO) at GB Corp, announced that the company is preparing to inaugurate a new automotive manufacturing plant in Sadat City. Backed by an investment of EGP...
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Tesla Delays Highly Anticipated Roadster Unveiling to August Amid Ongoing SpaceX Tech...Tesla has announced the postponement of the highly anticipated presentation of its electric sports car, the Roadster, to August or later. This move adds another chapter to a long series of delays...
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Rising Spare Parts Costs Push Motor Insurance Compensation Higher by Up to...Egypt’s motor insurance market is witnessing a noticeable increase in compensation costs during 2026, driven primarily by rising spare parts prices and the return of “overprice” practices in the automotive sector, according...
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Waymo Deploys Zeekr-Powered Robotaxis to Slash Operating Costs and Drive ProfitabilityUS-based autonomous driving pioneer Waymo has initiated a strategic expansion of its commercial operations with the launch of its latest self-driving vehicle. The move is specifically engineered to reduce operational overhead and...
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Egypt Customs Auctions Generate EGP 31.7 Million from Vehicles and Goods Across...Egypt’s customs authorities generated EGP 31.7 million in proceeds from a public auction involving vehicles and assorted imported goods confiscated or unclaimed across several major customs ports, reflecting continued activity in the...
cyber security
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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...
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Kaspersky warns of “gray” scam websites exploiting user trusRecent research by Kaspersky has shown that the so-called “gray” websites repeatedly target all world regions, and this may be driving both financial loss and large-scale data harvesting. Gray websites are deceptive...
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CAISEC 2026 Concludes with Record International Participation, Reinforcing Egypt’s Position as a...The fifth edition of the Cyber and Information Security Exhibition and Conference (CAISEC 2026) concluded with record-breaking participation and unprecedented international engagement, further cementing its status as one of the largest cybersecurity...
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Kaspersky Warns of New AI-Powered Phishing Campaign Exploiting Tencent’s Web Development PlatformKaspersky researchers have uncovered a new phishing technique targeting corporate users through the abuse of Tencent EdgeOne Pages, a legitimate AI-powered web development and hosting platform, highlighting how cybercriminals are increasingly leveraging...
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CAISEC 2026 Experts: AI Is Reshaping Cyber Warfare as Organizations Turn to...Cybersecurity experts participating in CAISEC 2026 warned that artificial intelligence is fundamentally transforming the balance between cyber attackers and defenders, forcing organizations to rethink traditional security strategies and accelerate the adoption of...
Markets
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The Minister of Housing will participate tomorrow in the ”Egypts Future: Investment...Minister of Housing, Utilities, and Urban Communities, Randa El-Menshawy, will participate tomorrow in the Egypts Future: Investment Opportunities and Sustainable Economic Reform conference, organized by the Egyptian British Business Association (BEBA) from...
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SAM Developments officially launches its operations in the Egyptian real estate marketSAM Developments has officially launched its operations in the Egyptian market, offering a cutting-edge model in real estate development that combines accumulated executive expertise with a forward-looking investment vision, under its core...
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The Minister of Investment issues a decision appointing Alaa El-Baily as Chairman...In line with the Ministry of Investment and Foreign Trades ongoing vision to enhance the efficiency and competitiveness of exhibitions and conferences as a mechanism to support and promote Egyptian exports to...
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Dubai Real Estate Development celebrates Eid Al Adha with an exceptional aerial...In an atmosphere brimming with joy and celebration of Eid Al-Adha, Dubai Real Estate Development, in collaboration with Ithmaar Properties, organized an exceptional and unconventional event. A helicopter flew over the skies...
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Egyptian Gold Market Exhibits High Pricing Maturity Amid Global Geopolitical HesitationThe domestic gold sector in Egypt has demonstrated stron operational resilience, weathering intense international macroeconomic data releases with a controlled 0.6% price correction. The latest index from digital marketplace iSaagha indicates that while...
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Dream 2000 Surpasses 3 Million Social Media Followers, Solidifying Retail Leadership in...Dream 2000, one of the largest retail chains for smartphones, consumer electronics, and home appliances in the Egyptian market, has officially announced that its aggregate social media following has surpassed 3 million...
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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realme Launches 16 Series in Egypt, Bringing AI-Powered Photography and Flagship Performance...realme has officially launched its new realme 16 Series in the Egyptian market, introducing the flagship realme 16 Pro+ and realme 16 Pro as part of its strategy to strengthen its presence...
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HUAWEI Announces Pre-Orders for HUAWEI WATCH FIT 5 in Egypt with Flexible...HUAWEI has opened pre-orders for the HUAWEI WATCH FIT 5, its newest generation of the renowned series designed to deliver enhanced comfort, stability, and a precise health tracking and comprehensive fitness experience....
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Emam Ashour teams up with realme as their brand ambassador to lead...realme, the world’s fastest-growing smartphone brand in Egypt, has officially announced football star Emam Ashour as the official realme brand ambassador, representing its highly anticipated realme 16 Series in Egypt, the first...
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realme Announces Upcoming Launch of realme 16 Series in Egypt Featuring 200MP...realme, recognized as the fastest-growing smartphone brand in the Egyptian market, has officially announced the upcoming launch of its latest hardware lineup, the realme 16 series. Scheduled for an imminent release across...
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Xiaomi 17T Pro Impresses With Premium Design and Flagship Features at a...Xiaomi appears to be strengthening its position in the upper mid-range smartphone segment with the Xiaomi 17T Pro, a device that combines premium styling, strong performance, and flagship-inspired features at a relatively...
تكنوتايم بالعربي
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Emirates NBD Launches Integrated Rewards Hub via ENBD X App to Revolutionize...Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has officially announced the launch of its all-new Rewards Hub within the ENBD X mobile banking...
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رئيس مجموعة باساب: الذكاء الاصطناعي أصبح جزءًا أساسيًا من منظومة التصنيع بالمجموعةكشف المهندس شريف الصياد، رئيس مجموعة باساب، عن بدء تطبيق تقنيات الذكاء الاصطناعي داخل المصانع التابعة للمجموعة، بهدف رفع كفاءة التشغيل وتحسين تقييم الأداء داخل خطوط الإنتاج. وقال، إن المجموعة بدأت استخدام...
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الصياد: نستهدف تصنيع سيارة كهربائية للشباب بسعر 500 ألف جنيهقال المهندس شريف الصياد، رئيس مجموعة باساب، أن المجموعة تعمل حاليًا على دراسة تصنيع سيارة كهربائية صغيرة مخصصة للشباب، بسعر يستهدف الوصول إلى نحو 500 ألف جنيه، في إطار التوسع في وسائل...
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شركة الأمل الشريف للبلاستيك بروتوكول تعاون مشترك مع شركة النصر للتصدير والاستيراد...في إطار تعزيز التعاون الإقليمي ودعم التوسع في الأسواق الإفريقية، وقّعت شركة الأمل الشريف للبلاستيك بروتوكول تعاون مشترك مع شركة النصر للتصدير والاستيراد (جسور) وذلك بهدف توحيد الجهود في مجالات التصنيع والتسويق...
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PayTabs تستحوذ على TAPn’GO لتعزيز المدفوعات اللاتلامسية في المنطقةأعلنت مجموعة PayTabs، إحدى شركات قائمة Future 100 والرائدة الحائزة على جوائز في مجال تنسيق الدفع في منطقة الشرق الأوسط وشمال إفريقيا، اليوم عن إتمام صفقة استحواذ كبرى أخرى. حيث استحوذت على...