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Shark Tank Investors and Selling Partners Get an Exclusive Look Inside Amazon...Shark Tank Investors and Selling Partners Get an Exclusive Look Inside Amazon Egypt’s Fulfillment Center Amazon Egypt hosted an exclusive behind-the-scenes tour of its Fulfillment Center for Shark Tank investors and...
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Epson Wins 2026 Scanner Line of the Year Award from Keypoint IntelligenceEpson Wins 2026 Scanner Line of the Year Award from Keypoint Intelligence Seiko Epson Corporation (“Epson”) is pleased to announce that it has been awarded the...
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Egypt to Deploy AI Technologies in 2027 Population Census as ICT Ministry...Raafat Hindi, Egypt’s Minister of Communications and Information Technology, held talks with Akram Ahmed El-Gohary to discuss cooperation on Egypt’s 2027 General Population, Housing, and Establishments Census, alongside broader efforts to accelerate...
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Verus-Ethereum Cross-Chain Bridge Exploited for $11.6 Million in Decentralized Finance AttackThe cryptocurrency sector has been hit by a major cybersecurity attack targeting decentralized finance (DeFi) infrastructure. Attackers successfully drained approximately $11.6 million in digital assets through the cross-chain bridge linking the Verus...
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Bitcoin Slides to Lowest Since Early May Amid Geopolitical Tensions and $500M...The cryptocurrency market experienced a severe downturn, pulling Bitcoin down to its lowest levels since early May. The slump was driven by escalating geopolitical tensions and diminishing investor risk appetite. Bitcoin suffered...
TechnoTime Emirates
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UAE Gold Sector Expands to 6,213 Companies and 53 Refineries Amid Strong...The UAE’s gold industry continues to strengthen its global standing, with the country now home to 6,213 companies operating across the gold and precious metals sector, in addition to 53 gold refineries,...
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Dubai Real Estate Transactions Hit AED 6.28 Billion in One Day Amid...Dubai’s real estate market recorded exceptionally strong activity this week, with total property transactions soaring to AED 6.28 billion in a single day, driven primarily by a sharp rise in large-scale mortgage...
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UAE Banking Sector Assets Exceed AED 5.55 Trillion in Q1 2026The UAE banking sector continued its strong growth trajectory during the first quarter of 2026, with total banking assets surpassing AED 5.55 trillion by the end of March, reinforcing the country’s position...
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Empower Reports AED 208 Million Net Profit in Q1 2026 as Revenue...Emirates Central Cooling Systems Corporation PJSC (Empower) reported strong financial results for the first quarter of 2026, posting net profit after tax of AED 208 million, marking a 44% year-on-year increase compared...
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Dubai Homeowners Holding Properties Longer, Matching Ownership Trends in London and New...Homeowners in Dubai are increasingly holding onto their properties for longer periods, with ownership patterns now resembling those seen in major global cities such as London and New York, according to a...
Business
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Trojan Holding and Orascom Construction Form Joint Venture ”Everwater” to Execute Regional...Orascom Construction PLC and Trojan Holding have signed a definitive joint venture agreement to incorporate Everwater Treatment Systems, an Abu Dhabi-based infrastructure vehicle designed to capture high-yield water-treatment assets across the Middle...
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Egyptian Investors Federation: Partnership Between Private Sector and Universities Is Key to...The Egyptian Federation of Investors Associations, chaired by Moharram Helal, praised the government’s strategy — represented by the Ministries of Industry and Higher Education and Scientific Research — aimed at strengthening cooperation...
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Raya Smart Buildings and Lars Developments Launch New “EDGE Innovation Center” Branch...Raya Smart Buildings and Lars Developments announced the launch of a new branch of “EDGE Innovation Center” at Cove Mall in New Cairo, marking the third expansion for the brand following the...
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Mamp;P Group to Host Mosaic International Strategic Affairs Forum in Cairo Alongside...M P Group announced that it will host the seventh edition of the Mosaic International Strategic Affairs Forum in Cairo from 3 to 5 June 2026, coinciding with the group’s 10th anniversary...
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Egypt’s Food Exports to Saudi Arabia Surge 15.3% in 2025, Reaching $563.8...Egypt’s food processing industry is witnessing a robust expansion in the Gulf, with exports to Saudi Arabia hitting $563.8 million in 2025, up from $489.1 million in 2024. According to the Egyptian...
Technology
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Kaspersky Threat Intelligence Backs INTERPOL’s ‘Operation Ramz’ in MENA, Leading to 201...Kaspersky has shared its globally recognized cyber threat intelligence data to support INTERPOL’s coordinated Operation Ramz, as part of ongoing efforts to combat cybercrime across the Middle East and North Africa (MENA)...
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NTRA Launches Digital Safety Awareness Sessions in MatrouhNTRA Launches Digital Safety Awareness Sessions in Matrouh The National Telecom Regulatory Authority (NTRA) has launched an extensive series of awareness sessions in Matrouh, aimed at promoting digital literacy and ensuring...
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GrowthLabs Acquires Startup Gate to Build Integrated Digital Ecosystem for MENA StartupsGrowthLabs, a leading developer of integrated digital ecosystems, has announced its acquisition of Startup Gate. The transaction aims to deliver comprehensive solutions tailored for entrepreneurs and startups while supporting and developing the...
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Meska AI Partners with saib Bank to Launch Executive AI Training Program...Meska AI has announced the launch of a strategic partnership with saib Bank through the implementation of a specialized artificial intelligence training program. The initiative targeted the banks Board of Directors and...
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Blue Five Capital Signs Binding Agreement for 42% Stake in Gulf General...Investment firm Blue Five Capital has announced the signing of a binding subscription agreement for a strategic investment in the Saudi-listed Gulf General Cooperative Insurance Company. The transaction aims to restructure the...
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Paytm Launches ”Pocket Money” Feature to Integrate Unbanked Teenagers into India’s Digital...Paytm has launched a new feature dubbed Pocket Money targeting unbanked teenagers. This move reflects an accelerating trend toward integrating younger demographics into Indias digital payments ecosystem while providing families with comprehensive...
Smart cities
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Raya Smart Buildings and LARZ Developments Open New “EDGE Innovation Center” Branch...“Raya Smart Buildings” and “LARZ Developments” Announce the Opening of a New Branch of “EDGE Innovation Center” at Cove Mall in New Cairo Following the opening of EDGE’s second branch in the...
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Egyptian-Emirati Alliance Launches VIE COMMUNITIES with Investments Exceeding EGP 150 BillionA major Egyptian-Emirati real estate alliance has officially launched VIE COMMUNITIES, unveiling an ambitious investment strategy targeting Egypt’s rapidly expanding property market through projects exceeding EGP 150 billion in New Cairo. Strategic...
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ALMA Developments CEO Calls for Institutional Integration to Safeguard Egypt’s Real Estate...Eng. Mohamed Salah El-Hady, CEO of ALMA Developments, has identified a critical turning point for the Egyptian real estate market, asserting that the sector’s rapid expansion necessitates a robust regulatory framework and...
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TMG Holding’s ”The Spine” Hits EGP 30 Billion in Sales Within 18...Talaat Moustafa Group (TMG) Holding, Egypt’s leading real estate developer, has announced a historic launch for its latest mega-project, The Spine. Since sales commenced on April 20, 2026, the project has generated...
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Orascom Development’s O West Signs Exclusive Sponsorship Agreement with Squash Champion Hania...O West, the flagship development by Orascom Development, has announced the signing of an exclusive sponsorship agreement with Egyptian squash champion and professional player Hania El Hammamy. Under the three-year agreement, O...
Banks
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HSBC Launches $4 Billion Funding Program to Support Global Expansion of Chinese...British banking giant HSBC has launched a new $4 billion financing program aimed at supporting the international expansion of Chinese companies operating in clean technology and sustainable transformation sectors. The move reflects...
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QNB Egypt Becomes First Bank in Egypt to Earn Dual ISO CertificationQNB Egypt announced that it has obtained the internationally recognized ISO 9001:2015 and ISO 10002:2018 certifications, becoming the first financial institution in Egypt to secure both accreditations through a single integrated audit...
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EGBANK Total Assets Rise to EGP 158.3 Billion in Q1 2026 as...The periodic condensed consolidated financial statements of the Egyptian Gulf Bank (EGBANK) revealed that total assets rose to EGP 158.357 billion by the end of March 2026, compared to EGP 142.556 billion...
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ADIB-Egypt Signs Strategic Partnership with ElTawkeel.com to Digitalize Auto Finance EcosystemAbu Dhabi Islamic Bank - Egypt (ADIB-Egypt) announced the signing of a strategic partnership agreement with ElTawkeel.com, an integrated digital automotive services platform in Egypt. The collaboration aims to develop the digital...
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Faisal Islamic Bank of Egypt’s Q1 2026 Net Profit Soars 232.5% to...Standalone financial statements released by the Faisal Islamic Bank of Egypt for the first quarter ending March 31, 2026, revealed a 232.5% year-on-year surge in net profit after tax, reaching EGP 2.931...
Fin tech
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Egyptian Exchange Executes EGP 6.5M Transaction on Contact Financial Holding Shares Under...The Egyptian Exchange (EGX) announced today the execution of a block transaction on the shares of Contact Financial Holding, frameworked within the company’s staff reward and incentive scheme. The EGX clarified in...
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Fawry Targets Up to 39% Top-Line Revenue Acceleration, Capitalizing on Fintech InnovationFawry Group has issued a forward-looking financial outlook, with Chief Executive Officer Eng. Ashraf Sabry forecasting a top-line revenue expansion reaching up to 39% in the upcoming operational cycle. The corporate guidance...
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Mastercard Expands African Footprint with Strategic Entry into Mozambique’s Cash-Dominant MarketMastercard has announced a new operational expansion into the Mozambican market, marking another step in its broader strategy to capitalize on the accelerating transition toward digital financial services across the African continent....
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Fawry’s MSME Loan Portfolio Grows 35.1% to Exceed EGP 3.14 Billion in...Fawry for Banking Technology and Electronic Payments announced sustained strong momentum across its micro, small, and medium enterprise (MSME) lending activities. The company’s total outstanding loan portfolio crossed EGP 3.144 billion by...
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Valmore Holding Reports $166M Q1 2026 Revenues; Net Profit from Continuing Operations...Valmore Holding Group, listed on the Egyptian and Kuwaiti stock exchanges, announced its consolidated financial and operational results for the first quarter of 2026, delivering strong performance driven by the development of...
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Fawry’s Financial Services Revenue Surges 73.9% to EGP 800.5 Million in Q1...Fawry for Banking Technology and Electronic Payments announced that its financial services sector generated revenues of EGP 800.5 million during the first quarter of 2026, marking a 73.9% annual growth compared to...
Cars
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FutureTECH by Raya and XPENG Conclude Egypt’s First EV-Focused Accelerator ProgramFutureTECH by Raya, the innovation arm of Raya Holding, has successfully concluded its inaugural accelerator program dedicated to the Electric Vehicle (EV) and smart mobility sector. In partnership with Raya Auto (the...
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School Mobility Unicorn Zūm Hits $1.7B Valuation Following $100M Strategic InvestmentZūm, the AI-driven leader in modern student transportation, has secured $100 million in a new strategic funding round, catapulting its valuation to $1.7 billion. This latest injection brings the company s total...
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Tesla Deploys Fully Autonomous Robotaxis in Dallas and Houston Ahead of Q1...Tesla Inc. has officially launched its fully autonomous robotaxi service in Dallas and Houston, marking its first major expansion outside of Austin and the San Francisco Bay Area. This strategic move comes...
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China Tightens Grip on Autonomous Driving Tests Following Baidu ”Apollo Go” Incident...Chinese regulatory authorities have issued new directives mandating comprehensive safety reviews for all smart and connected vehicle testing across the country. The move comes in response to a widely publicized technical glitch...
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Lucid Group Secures $750M in New Funding; Partners with Uber to Deploy...Lucid Group has announced a major capital infusion and a strategic expansion of its partnership with Uber, backed by an additional investment from Ayar Third Investment Company, a subsidiary of Saudi Arabia...
cyber security
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Kaspersky shares 5-step safety action plan on what to do when you...As the major sport and music events kick off and holiday travel peaks, the rate of lost and stolen phones spike. But when your device vanishes – in a crowded stadium, a...
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Kaspersky discovers vulnerability in Qualcomm Snapdragon chips that can lead to data...Kaspersky ICS CERT discovered a hardware-level vulnerability affecting Qualcomm chipsets that are widely used in a range of consumer and industrial devices, including smartphones and tablets, car components, IoT devices and more....
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Online scam exposure remains widespread in Egypt despite high levels of self-assurance,...Kaspersky recent survey highlights considerable gap between consumers confidence in identifying online scams and their actual exposure to cyber threats. According to the findings, 28% of respondents in Egypt reported encountering an...
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Kaspersky warns of digital medicine risks on the occasion of World Health...On World Health Day, Kaspersky warns of risks tied to the digitization of healthcare and use of telemedicine. Recent incidents show that medical services can be breached, and as a result, medical...
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Kaspersky Links Coruna Exploit Kit to Updated Operation Triangulation FrameworkKaspersky has revealed that the recently identified Coruna exploit kit is a direct and updated iteration of the framework used in the highly sophisticated Operation Triangulation cyber-espionage campaign, according to new findings...
Markets
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Convoy Real Estate Development continues to strengthen its position in the Egyptian...Convoy Real Estate Development continues to solidify its position in the Egyptian real estate market by offering a comprehensive real estate experience that combines prime locations, diverse projects, and high-quality construction, along...
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Sky Innovo Developments launches Park St. Signature… Office units with an integrated...Sky Innovo Developments, the developer of Citystars Park St., has announced the launch of Park St. Signature, the first phase of the project. This phase is a fully integrated business complex designed...
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Amin Siraj: The real estate market needs a unified entity that ensures...Eng. Amin Serag, Managing Director of Hyde Park Real Estate Development, affirmed that the proposal to establish a unified entity for real estate developers represents a significant step towards reorganizing the Egyptian...
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The Minister of Housing discusses with her Omani counterpart ways to enhance...On the sidelines of her participation in the 13th session of the World Urban Forum in Baku, Azerbaijan, held from May 17-22, 2026, under the theme Housing the World: Safe and Resilient...
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Cornerstone Development fulfills its commitments and will fully deliver The Curve in...Cornerstone Development is preparing to deliver its project, The Curve, in the New Administrative Capital this year, reflecting the companys commitment to fulfilling its contractual obligations and delivering units on time and...
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Arabesque Development plans to launch two new projects in the coming period.Dr. Abdel Hamid El-Wazir, Chairman of the Board of Directors of Arabesque Real Estate Development Company, confirmed that the company is preparing to launch two new projects in the coming period. The...
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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Samsung highlights Galaxy S26 Ultra and Galaxy Buds4 Pro as ideal companions...Samsung highlights Galaxy S26 Ultra and Galaxy Buds4 Pro as ideal companions for Eid Al-Adha celebrations CAIRO – May 18, 2026 – Samsung Electronics showcased how its latest devices, the Samsung Galaxy...
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Huawei Reasserts Global Dominance with ”All-Scenario Intelligence” Launch in BangkokIn a high-impact global event themed Now Is Your Spark, Huawei officially unveiled its latest suite of flagship and ecosystem products, signaling a strategic push toward All-Scenario Intelligence. The launch featured the...
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realme rolls out “Real Champion” activations across Egyptian universities to inspire student...realme announced the successful launch of its “Real Champion” activation across two of Egypt’s leading universities: Cairo University from April 22 to 23, and Ain Shams University from April 27 to 28....
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HONOR Announces Pre-Orders for HONOR 600 Series, Redefining Flagship-Level Performance in Its...With a 200MP AI Night Camera, Snapdragon flagship performance, AI Image to Video 2.0, and all-day battery life, HONOR elevates the premium mid-range experience HONOR, a global AI device ecosystem company,...
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UNESCO and vivo Transform Mobile Phones into ”Digital Observatories” for Egyptian Youth...In a significant boost to Egypt’s environmental storytelling, UNESCO and vivo Egypt successfully hosted a capacity-building workshop at Alexandria University. Part of the global initiative Capture the Future, the event trained nearly...
تكنوتايم بالعربي
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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...
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مصر تطلق النسخة الخامسة من جائزة مصر للتميز الحكومي بـ 15 فئة...أعلنت جائزة مصر للتميز الحكومي عن إطلاق دورتها الخامسة لعام 2026في إطار مواصلة دعم جهود الدولة المصرية لترسيخ مبادئ التميز المؤسسي، ورفع كفاءة المؤسسات العامة، وتطوير الخدمات الحكومية، وتسليط الضوء على الكوادر...