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BanksNews
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Africa and the Arab world join forces to advance digital sovereignty and...In an unprecedented move aimed at unifying efforts and strengthening cross-border regional coordination across Africa and the Arab world to enhance digital sovereignty, Mercury Communications, the organizer of CAISEC ’26 Cybersecurity Conference...
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Arab Therapy Signs MOU with King Abdulaziz University to Advance Mental Health...Arab Therapy Medical Care a digital mental health company founded in Berlin, Germany before relocating to Saudi Arabia — and King Abdulaziz University, represented by the King Fahd Medical Research Center, have...
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Egypt hosts the expert meeting and open consultations for the Arab region...The Arab Republic of Egypt hosted the expert meeting and open consultations for the Arab region on the global dialogue on artificial intelligence governance, organized by the Economic and Social Commission for...
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IMKAN Misr Partners with Cairos seraj to Expand Commercial Offerings at...Premium real estate developer IMKAN Misr has announced a strategic partnership with lifestyle brands Cairos seraj to introduce new culinary and specialized beauty concepts within its high-end Business Park development. The collaboration is...
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LG ELECTRONICS ELEVATES GAME DAY WITH LAUNCH OF SPORTS «PLAYBOOK ON LG...LG Electronics (LG) haslaunched LG Sports Playbook, a new service for LG Smart TVs that brings in-depth sports data to the big screen at home. Sports Playbook provides real-time data andinsights, keeping fans engaged with their favorite sports from the comfort of the living room. The service is now available on LG Apps on LG Smart TVs...
TechnoTime Emirates
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UAE Secures Unprecedented Global Record with 70.1% AI Adoption Rate Among WorkforceThe United Arab Emirates has recorded an unprecedented global milestone in the adoption of artificial intelligence technologies. The utilization rate of smart tools among its working-age population reached a historic 70.1% during...
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Dubai Real Estate Sales Reach AED 253.6 Billion in Five Months Amid...Dubai’s real estate market recorded property sales worth AED 253.6 billion in the first five months of 2026, reflecting continued momentum in the emirate’s property sector amid strong investor demand and growing...
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IREP Announces CEO Succession Plan as Kamran Abbas Takes Leadership RoleInternational Real Estate Partners (IREP), the global real estate and facilities management operating partner, has announced a planned leadership transition that will see Kamran Abbas appointed as Chief Executive Officer, while longtime...
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Ultimate Performance Launches Priority Onboarding Program in Dubai Ahead of Summer SeasonUltimate Performance (U.P.), the global personal training company, has launched a new priority onboarding initiative at its Dubai facilities to help residents regain fitness momentum ahead of the summer travel season. The...
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DEWA Adopts “Collaborative Agent” System to Accelerate Operations and Boost ProductivityDubai Electricity and Water Authority (DEWA) has announced the adoption of a new “Collaborative Agent” system as part of its broader strategy to accelerate operational processes, enhance productivity, and deepen the integration...
Business
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Prince Alwaleed bin Talal’s Bet on Elon Musk Nears Multi-Billion-Dollar Upside Through...Saudi billionaire Prince Alwaleed bin Talal appears to be edging closer to one of the most lucrative technology investment windfalls in recent years, as expectations grow around a future public offering or...
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Carrefour Egypt Extends Eid Al-Adha Operating Hours Until 2 AMCarrefour Egypt Extends Eid Al-Adha Operating Hours Until 2 AM Cairo, Egypt – Carrefour announced extended operating hours across a number of its branches during the Eid Al-Adha holiday, with several...
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Egyptian Exchange Executes EGP 54M Block Trade on EG Bank Shares Under...The Egyptian Exchange (EGX) officially announced today the execution of a block trade on the shares of the Egyptian Gulf Bank (EG Bank). The transaction was processed in accordance with the regulatory...
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Schneider Electric, ElsewedyUniversity of. Technology (SUTech) and AVEVA Sign a Partnership...Schneider Electric, ElsewedyUniversity of. Technology (SUTech) and AVEVA Sign a Partnership to Advance Egypt’s Green Transition and Future Industrial Talent
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Egypt’s Chemical amp; Fertilizers Export Council Concludes EU-Backed Program; Prepares European Trade...The Chemical Fertilizers Export Council (CEC) has officially announced the successful completion of its participation in the Euromed Cluster Forward Program. Supported by the European Union and implemented by Berytech, the initiative...
Technology
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Google Selects Tokyo for First International Retail Store in Global Expansion PushIn a major strategic realignment inside the consumer hardware market, Google has announced the upcoming launch of its first permanent physical retail storefront outside the United States. The tech giant has selected...
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Bayut Introduces Conversational Real Estate Sourcing to Simplify UAE Property Search via...UAE property portal Bayut has rolled out a new integration on ChatGPT, enabling users to search for residential and commercial real estate through interactive, generative AI conversations. The deployment marks a first...
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The United Bank CEO Outlines Balanced Growth Strategy to Support Foreign Currency...Tarek Fayed, Chief Executive Officer and Managing Director of The United Bank, stated that the financial results for the first quarter of 2026 reflect the institution’s success in executing a balanced corporate...
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UAE Secures Unprecedented Global Record with 70.1% AI Adoption Rate Among Workforce
The United Arab Emirates has recorded an unprecedented global milestone in the adoption of artificial intelligence technologies. The utilization rate of smart tools among its working-age population reached a historic 70.1% during...
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Tech Creator ”Dr. Semiconductor” Successfully Fabricates Functional DRAM Chip in Home CleanroomIn an unprecedented hardware engineering milestone, prominent tech YouTuber and content creator known as Dr. Semiconductor has successfully fabricated functional Dynamic Random-Access Memory (DRAM) within a residential setting. While the project proves...
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Microsoft and Nvidia Set to Debut Landmark AI Laptops at Computex and...Technology giants Microsoft and Nvidia are finalizing preparations to launch the first Windows-based personal computers driven by an Nvidia central processor. The historic partnership, first reported by Axios, is positioned to fundamentally...
Smart cities
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TMG Secures Baghdad Investment License for Landmark $18.8 Billion Smart City ProjectLeading Egyptian real estate developer Talaat Moustafa Group Holding (TMG) has announced that its subsidiary, Talaat Moustafa Baghdad Company, has successfully obtained Investment License No. 15/5/2026, issued on May 24, 2026, by...
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Mimary Group, NOTION Developments, and ABC Hotels Form Consortium to Launch ”M-Residence”...Mimary Group, NOTION Developments, and ABC Hotels have officially finalized a tripartite strategic alliance to co-develop “M-Residence” (Mohandessin Residence). The upcoming premium hospitality and branded residences development is situated directly on Jamaat...
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MOT Investment Eyes Sale of Commercial Mall Within Happy Land Towers Project...MOT Investment is preparing to market and sell the commercial mall component of the Happy Land Towers project in Mansoura as part of its broader strategy to optimize investment returns from mixed-use...
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Hassan Allam Properties Unveils HAPTOWN Commercial Destination, Bringing a New Pulsing Heart...Hassan Allam Properties (HAP), one of Egypt’s leading developers of integrated mixed-use destinations, has announced the launch of its first mixed-use development inclusive of a commercial, retail, and healthcare hub as Mostakbal...
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JUZUR Commences Construction Work on Neo Commercial Project in New CairoJUZUR, one of Egypt’s and the region’s leading real estate developers, has announced the commencement of construction work on its modern commercial project “Neo” in the heart of New Cairo. The project...
Banks
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Banque Misr Becomes First Egyptian Bank to Achieve MFR’s Gold Level Certification...In a milestone reflecting its commitment to embedding international best practices and enhancing transparency across its financial services, Banque Misr has been awarded the Gold Level Client Protection Certification. The rating was...
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US Dollar Faces Broad Decline Against Egyptian Pound; ADCB Records Lowest Rate...The US Dollar (USD) experienced a broad-based decline against the Egyptian Pound (EGP) during Monday’s trading session, June 1, 2026. The downturn was visible across the majority of commercial banks operating within...
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The United Bank Reports Strong Q1 2026 Results as Total Loan Portfolio...The United Bank has officially published its standalone financial statements for the fiscal period ending March 31, 2026. The financial disclosure highlights robust growth rates across primary balance sheet indicators, led by...
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Faisal Islamic Bank of Egypt Reports 22.5% Growth as Business Volume Hits...Faisal Islamic Bank of Egypt has announced a substantial expansion in its financial indicators, with its total volume of business surging to EGP 300.756 billion at the end of April 2026. This...
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bank iNXT Launches 4-Year Fixed-Rate Savings Product Yielding Up to 18.75%Egyptian retail lender bank iNXT has rolled out a new high-yield savings product offering customers a fixed annual return of up to 18.75% for a four-year tenure. The launch aligns with the...
Fin tech
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Fawry and Domty Launch Digital B2B Loyalty Program Across Egypt’s FMCG NetworkEgyptian fintech pioneer Fawry has finalized a strategic partnership with the Arabian Food Industries Company (Domty) to roll out an innovative business-to-business (B2B) loyalty framework. The specialized incentive system is designed to...
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Sahl Pay Facilitates Remote Installment Settlements for ValU, Contact, Souhoola, and TakkaEgyptian fintech platform Sahl has launched a targeted consumer-facing digital service enabling users to settle their outstanding financial installments remotely from home, emphasizing that installment deadlines do not wait. Seamless Integration with...
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Basata Pay Integrates Apple Pay to Streamline Secure Mobile Checkouts for Egyptian...Egyptian electronic payments firm Basata has announced the official integration of Apple Pay within its mobile application ecosystem. The company stated that this technical upgrade is designed to make digital transactions simpler,...
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eamp; money Launches Fee-Free Bill Payment Campaign Offering EGP 150 Cash BackFintech platform e money has announced a new promotional campaign under the slogan There is More to Life, allowing users to pay their utility bills and installment balances with zero administrative fees....
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Visa Backs Replit to Integrate Intelligent Commerce Solutions into Developer EnvironmentsPayments giant Visa has announced a new investment of an undisclosed value in the AI-powered software platform Replit. The move underscores the financial services corporations strategic push to strengthen its presence in...
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Google Pay Unveils Major Upgrades to Spearhead AI-Driven ”Agentic Commerce” EraGoogle Pay has announced a wide range of new updates aimed at reshaping the future of digital payments. By integrating artificial intelligence into purchasing processes and streamlining the checkout experience across various...
Cars
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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...
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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...
cyber security
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Kaspersky Warns of Rising Tech-Enabled Abuse Through Stalking and Doxing AttacksKaspersky has warned of the growing risks of technology-enabled abuse, revealing that digital stalking and doxing incidents are becoming increasingly widespread as cybercriminals and abusers exploit advanced surveillance tools and online platforms...
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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...
Markets
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Saudi Arabia’s LIV Golf Strategy Reflects Broader Vision for Sports Investment and...Saudi Arabia’s expansion into global golf through LIV Golf has evolved beyond a conventional sports investment into a broader strategic project that combines economic diversification, international influence, and long-term positioning within the...
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New Event Developments launches its latest project, ”LAYAL Residence,” in the New...In a move reflecting its unwavering confidence in the New Administrative Capital, New Event Developments announced the launch of its latest residential project, LAYAL Residence. This project is part of the companys...
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Madar Real Estate Development announces the complete sale of the first and...In a move that solidifies its position as one of the leading strategic developers in the Egyptian real estate market, Madar Development announced an exceptional achievement, marking a significant transformation in the...
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Businessman Bassam El-Feky announces the acquisition of the ”Jad” brand to develop...
In a strategic move aimed at integrating operational activities with real estate assets, businessman and engineer Bassam El-Feky announced the completion of the acquisition of the leading food and beverage brand, Gad....
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Archist Design Studio is handling the design of the D.mile Zayed project.Archist Design Studio has announced its involvement in designing the architectural and interior designs for the D.mile Zayed project in Sheikh Zayed City, developed by District 4 Developments with investments reaching EGP...
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New cities authorities are carrying out large-scale campaigns to remove encroachments and...In line with the directives of Engineer Randa El-Menshawy, Minister of Housing, Utilities, and Urban Communities, to continue decisively addressing all forms of encroachment and building violations, and to preserve the civilized...
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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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...
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Huawei Pura 90 Pro Max Blends Bold Design With Flagship Camera PowerHuawei appears to be doubling down on premium smartphone photography with the launch of the Huawei Pura 90 Pro Max, a device that combines eye-catching aesthetics with some of the company’s most...
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INFINIX Launches the New NOTE 60 Series in Egypt with Advanced Performance...INFINIX has officially launched the new NOTE 60 Series in the Egyptian market, introducing the NOTE 60 Pro and NOTE 60 smartphones as part of its latest flagship lineup designed to elevate...
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realme Reinvents the “Powerful Partner” Experience with the new realme P4 Seriesrealme Reinvents the “Powerful Partner” Experience with the new realme P4 Series Cairo, Egypt ,19th May 2026 – realme, the world’s fastest-growing smartphone brand in Egypt, announced the latest evolution of...
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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...
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...