News
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Three Egyptian Startups Showcase Innovative Solutions at GITEX AI Europe 2026Three Egyptian startups took part in GITEX AI Europe 2026, held in Berlin, Germany, from June 30 to July 1. The participating startups, SSTM, Fruitful Solutions, and Makkook AI, are part of...
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Egyptian Tech Firms Showcase AI and Cybersecurity Innovations at GITEX Europe Berlin...Five Egyptian technology companies showcased their latest digital solutions and innovations at GITEX Europe Berlin 2026, one of the worlds leading technology exhibitions, as part of Egypts official delegation organized by the...
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MCIT Highlights Women Empowerment Efforts at National Consultation Workshop on NIFGEThe Ministry of Communications and Information Technology (MCIT) participated in the National Consultation Workshop on the National Investment Framework for Girls in Egypt (NIFGE), held on June 29–30 at the Institute of...
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EGX Showcases FinTech Innovations and Market Accessibility at ”Building African Exchanges” Conference...The Egyptian Exchange (EGX) participated in a panel discussion titled FinTech and Market Accessibility as part of the Building African Exchanges conference, hosted by the Dar es Salaam Stock Exchange in Tanzania...
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Hassan Allam Holding Awarded Montage Hotel amp; Branded Residences at Ras El...Hassan Allam Holding is proud to announce that its subsidiary, Hassan Allam Construction, has been awarded the construction of the Montage Hotel and Branded Residences, a luxury hospitality and residential development at...
TechnoTime Emirates
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Mastercard and VEON Partner to Expand AI-Powered Digital Financial Services Across Four...Mastercard and global digital operator VEON have announced a strategic collaboration to accelerate access to inclusive and intelligent digital financial services across Ukraine, Kazakhstan, Pakistan, and Uzbekistan. The partnership brings together VEON’s...
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Dubai Off-Plan Office Sales Hit Record AED 13.1 Billion in First Half...Off-plan office sales in Dubai surged to a record AED 13.1 billion during the first half of 2026, exceeding the total value recorded over the previous seven years combined, according to Al...
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Emirates NBD Expands Digital Margin Trading With Credit Limits Up to AED...Emirates NBD has significantly enhanced its margin trading facilities, allowing eligible clients to apply digitally for credit limits of up to AED 10 million to increase their purchasing power when trading equities....
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Dubai SME and Hyatt Partner to Expand Hospitality Opportunities for Small BusinessesThe Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development, part of Dubai’s Department of Economy and Tourism, has signed a memorandum of understanding with Hyatt Hotels in Dubai to expand...
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Kerno Enterprises Opens UAE’s First Enterprise IT Hardware Factory in Dubai Silicon...Kerno Enterprises has officially opened its headquarters and first manufacturing facility in Dubai Silicon Oasis, marking the launch of what the company described as the UAE’s first plant dedicated to enterprise information...
Business
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Engineering Export Council Launches EBS 2026 Mission, Targeting $7.5 Billion in ExportsThe Engineering Export Council of Egypt (EEC) organized the third edition of the International Buyers Mission (EBS 2026), as part of its overarching strategy to boost Egyptian exports and unlock new global...
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$TRUMP Memecoin Plummets 98% Wiping Out $3.8 Billion in Investor LossesInvestors in the cryptocurrency $TRUMP have suffered massive collective losses estimated at $3.8 billion following a severe crash since its launch. According to blockchain transaction analysis, 988,905 accounts registered losses by the...
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ITIDA CEO: AI to Drive Next Phase of Digital Services as Coca-Cola...Eng. Ahmed El-Zaher, CEO of the Information Technology Industry Development Agency (ITIDA), emphasized that the upcoming phase of the digital services industry will be driven by Artificial Intelligence (AI) applications. This transition...
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Textile Industries Chamber Appoints Former Tax Authority Head Fayez El-Dabaani as AdvisorThe Chamber of Textile Industries at the Federation of Egyptian Industries (FEI) has appointed chartered accountant Fayez El-Dabaani, former head of the Egyptian Tax Authority, as the Chambers advisor for tax, insurance,...
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EGX Details Voluntary Tender Offer by NCC and Ascom Consortium to Acquire...The Egyptian Exchange (EGX) has announced the details of a voluntary tender offer submitted by a consortium comprising New Construction Chemical (NCC) and Ascom Real Estate Investment to acquire an additional stake...
Technology
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Abu Dhabi Integrates Microsoft 365 Copilot for 35,000 Employees in Push for...The Abu Dhabi government has announced the launch of the Microsoft 365 Copilot platform across its government sector, equipping tens of thousands of public employees with generative Artificial Intelligence (AI) capabilities within...
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MSMEDA Injects EGP 4.5 Billion to Support Small Businesses in Cairo Between...Basil Rahmi, CEO of the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), revealed that the agency has injected EGP 4.5 billion in funding into the Cairo Governorate between July 2014 and...
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Coface Study: Slow Decision-Making Hinders Growth; 82% of Dubai Companies Prioritize AI...A new study by Coface, surveying 1,250 business leaders across 13 countries, has revealed that slow decision-making is now one of the most prominent challenges facing corporate growth, with 68% of respondents...
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EU Top Court Upholds $4.7 Billion Antitrust Fine Against Google in Landmark...The highest court in the European Union has brought the curtain down on one of the largest antitrust cases in the technology sector, definitively upholding a $4.7 billion fine against Google. This...
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US Federal Court Grants Alibaba Temporary Relief from DOD Lobbying RestrictionsA US federal court has granted Alibaba Group Holding a temporary legal victory after Judge Amy K. Lee ordered the US Department of Defense (DOD) not to treat the company as a...
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startAD and Google.org Launch AI Adoption Index to Guide UAE Healthcare and...startAD, the Abu Dhabi-based startup accelerator anchored at NYU Abu Dhabi and powered by Tamkeen, has announced the launch of the AI Adoption Index. Developed through its AI for Good initiative and...
Smart cities
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Apache and Toledo Announce Strategic Partnership to Develop Integrated Real Estate and...In a move reflecting a new trend toward developing more integrated real estate and tourism projects, Apache for Investment and Urban Development has announced the signing of a strategic partnership with Toledo...
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Expo City Dubai and Emirates NBD Forge Strategic Partnership to Offer Tailored...Expo City Dubai has announced the signing of a strategic partnership agreement with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Turkey) region, to provide customized...
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Madinet Masr Board Approves Purchase of Up to 2% of Treasury SharesMadinet Masr announced that its Board of Directors approved, on June 28, 2026, the execution of a treasury share buyback program, targeting the purchase of up to 2% of the companys total...
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One of One Taps DEX Squared to Secure Global Hotel Brand for...One of One Developments has signed a strategic partnership with hospitality consultancy DEX Squared to select an international hotel brand for its Bridges mixed-use development in Sheikh Zayed City. Under the agreement,...
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Heliopolis Housing and Development Unveils EGP 5 Billion Mega Mixed-Use Entertainment Complex...In a major move to transform the urban landscape of East Cairo, Heliopolis Housing and Development (HHD) has officially finalized the architectural designs for a massive 75-acre integrated entertainment, commercial, and hospitality...
Banks
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Standard Chartered Forecasts Acceleration in UAE Business Activity for Q3 2026 Amid...Standard Chartered’s Global Research division announced its latest economic analysis today, forecasting an acceleration in the United Arab Emirates business activity during the third quarter of 2026. This positive outlook comes as...
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Egyptian Pound Exchange Rates Stabilize as US Dollar Trades Near 49 EGPForeign and Arab currency exchange rates against the Egyptian Pound (EGP) exhibited relative stability during todays trading, Monday, July 6, 2026. According to the latest official exchange updates, the US dollar continues...
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UAE Central Bank Fines Foreign Bank Branch AED 1.82 Million Over Regulatory...The Central Bank of the United Arab Emirates (CBUAE) has imposed a financial penalty of AED 1.82 million (approximately $496,000) on a foreign bank branch licensed in the country. This action was...
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Banque Misr and Sawiris Foundations Sign MoU to Expand ”Bab Amal” Program...In line with their commitment to supporting economic empowerment and enhancing citizens quality of life, the Banque Misr Foundation for Community Development and the Sawiris Foundation have signed a Memorandum of Understanding...
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CBE Report: Egyptian Banks Net Profits Surge to EGP 218.4 Billion in...A recent report issued by the Central Bank of Egypt (CBE) revealed that the net profits of banks operating in the Egyptian banking sector—excluding the CBE—soared to EGP 218.410 billion by the...
Fin tech
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PayPal Posts Strong Q1 2026 Results Amid Expanding WeChat Pay Integration and...PayPal delivered robust financial results for the first quarter of 2026, driven by growth in revenue and payment volumes, alongside the continued expansion of its digital payment services into new markets, most...
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Egypt Clashes with Argentina in World Cup Round of 16, Winner to...Egypt continues its historic journey in the World Cup after successfully securing a spot in the Round of 16, preparing for a tough matchup against Argentina in a highly anticipated knockout stage...
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Dream 2000 Launches the Latest KIESLECT Smartwatches with Zero Interest and Zero...Dream 2000 has announced the availability of the latest smartwatch models from KIESLECT for its customers, offering convenient installment plans with zero interest and zero down payment. This initiative reflects the companys...
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Indian Fintech Giant Paytm Secures Payment Institution License in Luxembourg to Expand...Indian fintech giant Paytm has successfully achieved a new strategic milestone in its global expansion plans. Its European subsidiary, Paytm Europe Payments S.A., has secured a payment institution license from the financial...
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valU Outlines Promotional Framework for the National Teams Victory CampaignIn celebration of the national teams victory, valU has launched an exclusive, limited-time promotional campaign offering its customers 50% Cash Back on purchases made through its merchant network, applicable to long-term installment...
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Nawy Shares Completes 11th Exit from Crescent Walk with 40% Net Return...Nawy Shares, the fractional real estate investment platform affiliated with Nawy, has completed its 11th successful exit from Crescent Walk, generating a 40% net return for investors within just seven months. The...
Cars
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The Future of Mobility: Feasibility, Global Expansion, and Challenges of Self-Driving TaxisFor over a decade, major tech companies have promoted self-driving taxis as a safer and more efficient means of transporting people within cities. Since 2018, these vehicles have been operating on a...
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5 Brand New Electric Cars in Egypt Priced Under EGP 1 Million:...hamdy Abdelrashid The Egyptian automotive market is witnessing a notable expansion in the electric vehicle (EV) segment, with the introduction of several new models priced below EGP 1 million. This shift reflects...
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SN Automotive to Launch Egypt’s First Fully Locally Assembled Electric Car in...SN Automotive is stepping up preparations to launch what it describes as the first fully locally assembled electric vehicle in Egypt and the Middle East during the third quarter of 2026. The...
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El-Khanagry, Delmar Partner to Localize Smart Sunroof Systems in EgyptEl-Khanagry Group for Automotive Feeding Industries and Delmar Automotive, a subsidiary of Delmar Industrial Group, have signed a strategic partnership to develop, manufacture, assemble, and supply smart automotive sunroof systems in Egypt...
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SN Automotive to Launch Egypts First Fully Locally Assembled Electric Vehicle in...Marking a historic milestone for the Egyptian automotive sector, SN Automotive has announced it is accelerating its final preparations to unveil the country’s first fully locally assembled Electric Vehicle (EV). The highly...
cyber security
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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...
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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...
Markets
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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...
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El Araby Group Named Among Forbes Middle East’s Strongest Arab Family Businesses...Egypt’s El Araby Group has secured a place on Forbes Middle East’s list of the Top 100 Arab Family Businesses for 2026, reaffirming its position as one of the region’s most influential...
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Amazon Egypt Announces Prime Day Return from June 24-30, Backed by HarrisX...Amazon Egypt today officially announced the return of its annual Prime Day shopping event, scheduled to run from June 24 to June 30, 2026. The week-long campaign kicks off the summer season...
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Yahya Abu El-Fotouh appointed CEO and Managing Director of the Housing and...The Housing and Development Bank announced that Hassan Ghanem has submitted his resignation from his position as CEO and Managing Director, effective June 30, 2026. The bank explained that its Board of...
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A strategic partnership agreement was signed between Dal Developments and Mahara, led...DAL Developments, a real estate development company, announced a strategic partnership with Mahara, a company specializing in the development and management of sports and entertainment facilities, led by former world squash champion...
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Sami Qalini: Survival belongs to those who are most truthful in delivery...Engineer Sami Qaliny, an expert in real estate development, emphasized that in the real estate market, promises alone are no longer sufficient. With increased competition and a proliferation of projects, clients have...
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 Launches Galaxy A27 5G with AI-Powered Features, 120Hz AMOLED Display and...Samsung Electronics Egypt has unveiled the Galaxy A27 5G, the latest addition to its Galaxy A series, introducing a larger immersive display, enhanced artificial intelligence capabilities, improved performance, and long-term software support...
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Soon in Egypt… The All-new HUAWEI nova 15 Max Delivers Extreme Endurance...The HUAWEI nova 15 Max is set to redefine smartphone endurance with its massive battery and durable design. Designed for users who demand reliable all-day performance without compromise, the latest addition...
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Huawei Cloud Launches Model-as-a-Service (MaaS) in Egypt to Facilitate Enterprise AI AdoptionSupporting Egypt’s national agenda for AI adoption and digital transformation, Huawei Cloud announced the launch of its Model-as-a-Service (MaaS) offering in Egypt. The service enables enterprises to access, customize, and use Large...
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realme launches realme 16 5G with Dual 50MP Cameras, Industry-First Selfie Mirror,...realme, the world’s fastest-growing smartphone brand in Egypt, has officially unveiled the new realme 16 5G, a smartphone designed for a new generation of young photography lovers and content creators who want...
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realme Celebrates Brand Ambassador Emam Ashour’s Viral World Cup Goalrealme, the world’s fastest-growing smartphone brand in Egypt, is celebrating a historic moment as its Brand Ambassador, Emam Ashour, scored Egypt’s first goal in the FIFA World Cup 2026, a moment that...
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...



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