News
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MG Motor Middle East Names TEAM LEWIS Integrated Campaign Partner for GCC...MG Motor Middle East has appointed TEAM LEWIS as its integrated campaign partner for its upcoming SUV line-up campaign across the GCC. TEAM LEWIS will support MG Motor Middle East across strategy,...
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Central Bank of Egypt Launches Nationwide Campaign ”Together We Fight Fraud” Across...The Central Bank of Egypt (CBE) has launched a unified, sector-wide awareness campaign to combat banking fraud, with the active participation of all commercial banks operating in the local market. The campaign...
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Egypt’s Ministries of Justice and Investment Sign Strategic Protocol to Digitize and...Under the directives of President Abdel Fattah El-Sisi to solidify the foundations of digital transformation, enhance the investment climate, and improve Egypts business environment, a joint cooperation protocol was signed today, Thursday,...
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Baher Abdel Aziz: Gold Remains a Key Hedge Against Global Market VolatilityGold prices in the Egyptian market witnessed notable movements during Thursday’s trading, August 13, 2026, as global markets continued to monitor developments in precious metals, US monetary policy expectations, the dollar’s performance...
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CAPMAS: 81% of Trademarks in Egypt Were Granted to Egyptians in 2025The Central Agency for Public Mobilization and Statistics (CAPMAS) issued on Thursday, August 13, 2026, the Annual Bulletin of Patents and Trademarks for the year 2025. The report aims to foster awareness...
TechnoTime Emirates
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Trump International Hotel amp; Tower Dubai Moves Ahead With Construction on Sheikh...Construction of the Trump International Hotel Tower Dubai is progressing in line with the approved schedule, advancing work on one of the latest ultra-luxury additions to the city’s rapidly evolving skyline. Rising...
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Ajman Real Estate Transactions Reach AED 1.65 Billion in July as Market...Ajman’s property market recorded AED 1.65 billion in real estate transactions during July 2026, extending the emirate’s strong run of activity as investor demand remained resilient across residential and investment properties. The...
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Ras Al Khaimah Draws AED 771.5 Million in New Investment in First...Ras Al Khaimah attracted AED 771.5 million in new investment during the first half of 2026, as the emirate continued to broaden its investor base and strengthen its position as an emerging...
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UAE and Egypt Agree Five-Year Expansion of Air Transport RightsThe United Arab Emirates and Egypt have agreed to gradually expand bilateral air transport rights over the next five years, opening the door to increased flight capacity and new opportunities for airlines...
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Dubai Property Transactions Near AED 500 Billion in Seven MonthsDubai’s real estate market moved closer to the AED 500 billion mark in total transactions during the first seven months of 2026, extending the sector’s strong performance despite wider geopolitical and economic...
Business
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Egypt’s Chemical and Fertilizer Exports Surge 25.2% to Exceed $6 Billion in...Egypt’s chemical and fertilizer sector continued its robust trajectory in global markets during the first half of 2026, recording export revenues of $6.1 billion from January to June. This marks a solid...
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Egypt Retail Summit 2026 Set for October to Connect Local Suppliers with...The inaugural Egypt Retail Summit 2026 is scheduled to take place on October 26 and 27, bringing together major buyers and local suppliers to foster direct business connections, expand distribution channels, and...
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Maersk Raises Full-Year Profit Forecast for the Second Time in 2026 Amid...Danish shipping giant Maersk has upgraded its full-year profit guidance for the second time in 2026, following quarterly results that significantly surpassed analyst expectations. The company capitalized on robust demand for container...
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Orascom Development Egypt Reports 30% Growth in Real Estate Sales to EGP...Orascom Development Egypt (ODE) has announced its consolidated financial results for the first half (H1) of 2026, delivering an outstanding operational performance despite ongoing economic and geopolitical challenges. The company noted that,...
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Obour Lands Consolidated Net Profit Rises 5.4% to EGP 409.2 Million in...The consolidated financial statements of Obour Land for Food Industries revealed a 5.4% year-on-year (YoY) increase in the companys net profit during the first half (H1) of 2026. According to the financial...
Technology
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MCIT Partners with PDPC, GIZ on Data Protection Training for NGOsThe Ministry of Communications and Information Technology (MCIT), in collaboration with the Personal Data Protection Center (PDPC) and the German Agency for International Cooperation (GIZ), has organized a training program on Egypts...
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Ain Shams University Deploys AI-Driven ”Learning Buddy” Platform for 10,000 StudentsThe Faculty of Commerce at Ain Shams University has announced the large-scale rollout of Learning Buddy, an advanced AI-driven educational platform. The initiative will cover first- and second-year students, targeting approximately 10,000...
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Lenovo Posts Strongest Quarterly Revenue Growth in 5 Years Driven by AI...Chinas Lenovo Group, the world’s largest personal computer (PC) maker, has recorded its strongest quarterly revenue growth in five years. This surge was primarily fueled by soaring demand for Artificial Intelligence (AI)...
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Googles Gemini Surpasses 1 Billion Monthly Users, Driven by Surging Voice and...Google has announced that its AI assistant, Gemini, has officially crossed the 1 billion monthly active users milestone. This achievement underscores the rapid adoption of generative AI tools and positions Gemini as...
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GEEKS STORE Signs Strategic Partnership with iFLYTEK, Becoming the Exclusive National Distributor...GEEKS STORE has announced the signing of a strategic partnership agreement with iFLYTEK, a leading Chinese artificial intelligence (AI) company. Under this agreement, GEEKS STORE becomes the sole and exclusive national distributor...
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LRNOVA Launches the First Specialized Arabic AI Model for Educational Videos and...LRNOVA, a pioneering company specializing in AI technologies for education, has announced the launch of a new AI model dedicated to generating instructional videos and virtual characters (AI Avatars). This release is...
Smart cities
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Talaat Moustafa Group (TMG) Targets $18.8 Billion in Sales from New Baghdad...Talaat Moustafa Group Holding (TMG) aims to generate approximately $18.8 billion in cumulative sales from its upcoming integrated urban project in Baghdad, Iraq. This landmark development highlights the Groups ambitious regional expansion...
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TMG’s Southmed Project Achieves EGP 93.9 Billion in H1 2026 Sales, Pushing...Talaat Moustafa Group (TMG) Holding has announced that its mega-project Southmed, located on Egypt’s North Coast, recorded contractual sales of EGP 93.9 billion during the first half of 2026. A staggering EGP...
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Egypt’s Solar Potential Takes Center Stage at Solar amp; Storage Live Egypt...Egypt’s potential to emerge as a global solar power hub is taking center stage at Solar Storage Live Egypt 2026, with industry experts discussing how the country can harness its abundant desert...
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Senate Housing Committee Head: Presidential Directives to Monitor Real Estate Projects Aim...Dr. Ahmed Shaarawy, Head of the Housing Committee in the Senate, affirmed that the directives issued by President Abdel Fattah El-Sisi to form a committee to monitor and inspect ongoing real estate...
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**Emaar Misr Swings to EGP 2.2 Billion Q2 Loss on FX Hit,...Emaar Misr for Development shifted to a net loss of EGP 2.2 billion during the second quarter of 2026, a stark contrast to the net profit of approximately EGP 587.5 million recorded...
Banks
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Housing and Development Bank (HDB) Renews Urgent Warnings on Data Confidentiality and...The Housing and Development Bank (HDB) has renewed its urgent warnings to all customers regarding the absolute necessity of maintaining the confidentiality of their banking and personal data. The bank emphasized the...
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US Dollar Stabilizes Above EGP 50 on Thursday, August 13, 2026, Amid...The US Dollar (USD) maintained relative stability against the Egyptian Pound (EGP) at the start of trading on Thursday, August 13, 2026, holding steady above the 50-pound threshold according to the latest...
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Suez Canal Bank Posts Net Profit of EGP 3.63 Billion in the...Suez Canal Bank (CANA) reported a strong financial performance for the first half of 2026, recording a net profit of EGP 3.63 billion, compared to EGP 3.08 billion in the first half...
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US Dollar Exchange Rates Stabilize Against the Egyptian Pound on Wednesday, August...The US Dollar (USD) maintained relative stability against the Egyptian Pound (EGP) at the start of trading on Wednesday, August 12, 2026, according to the latest updates from state-owned and private banks...
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Emirates NBD - Egypt Elevates Premium Banking Suite for High-Net-Worth and International...Emirates NBD - Egypt has significantly enhanced its premium banking ecosystem, introducing an integrated suite of solutions tailored for high-net-worth individuals and globally oriented clients. The new offerings seamlessly combine comprehensive wealth...
Fin tech
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myFawry App Transactions Surge 68.5% to EGP 48 Billion in H1 2026...Fawry for Banking Technology and Electronic Payments announced a significant 68.5% year-on-year (YoY) jump in the total value of transactions executed through its consumer-facing application, myFawry. Transaction values reached EGP 48 billion...
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Contact Financial Holdings ”Contact Now” App Surpasses EGP 1 Billion in Transactions...Contact Financial Holding has announced that its Contact Now application continued to achieve robust growth during the first half of 2026. This performance reflects the accelerated customer adoption of the comprehensive digital...
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Raya Holding Reports 22% Revenue Growth, Reaching EGP 33.8 Billion in H1...Raya Holding for Financial Investments has announced its consolidated financial results for the first half of 2026, reporting robust revenue growth. This performance underscores the resilience of its business model, the diversification...
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valU Jordan and Hypermax Forge Strategic Partnership to Introduce BNPL Solutions Across...valU Jordan, a leading financial technology company in the Middle East and North Africa (MENA) region, has announced a strategic partnership with Hypermax, the grocery retail brand fully owned by Majid Al...
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eFinance to Fully Acquire Tamweely in EGP 4.8 Billion Cash-and-Share DealEgypt’s eFinance Investment Group is making one of its biggest strategic moves beyond digital payments infrastructure, agreeing to acquire 100% of Tamweely Microfinance in a cash-and-share transaction that will give the state-backed...
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valU Eyes Expansion into North Africa and the Levant Following Successful Launch...Leading fintech player valU is actively targeting expansion into the North Africa and Levant markets as the next critical phase of its regional growth strategy, following the successful launch of its operations...
Cars
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Uber Unveils $10 Billion Plan to Deploy 120,000 Autonomous Vehicles Across 15...In a massive pivot toward the future of mobility, Uber plans to inject over $10 billion in the coming years to rapidly expand its autonomous taxi fleet. The ride-hailing giant aims to...
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Haval Jolion Prices Rise in Egypt, Entry Model Now Starts at EGP...Haval Jolion has become the latest locally assembled model to see a price adjustment in Egypt, with GB Auto raising prices of the 2027 model year by up to EGP 35,000 across...
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Ahmed Ali Appointed General Manager of Omoda and Jaecoo at Ezz Elarab...hamdy abdelrashid Ahmed Ali has recently been appointed as the General Manager for the Omoda and Jaecoo brands under the umbrella of Ezz Elarab Automotive Group. He brings over 20 years of...
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Teymour Ismail Appointed as General Manager of BAIC and ZEEKR at EIM...hamdy abdelrashid Teymour Ismail has recently been appointed as the General Manager for the BAIC and ZEEKR brands under the umbrella of EIM Auto Group. This appointment leverages his extensive expertise in...
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Toyota Braces for Fifth Consecutive Quarterly Profit Drop Amid Sales Slowdown and...Toyota Motor, the worlds largest automaker by sales, is poised to report its fifth consecutive quarterly decline in operating profit. The company is currently navigating a complex web of operational pressures, primarily...
cyber security
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Arab Security Conference Opens Voting for 2026 Cybersecurity Influencer AwardOrganisers of the 10th Arab Security Conference have opened public voting for the Arab Cybersecurity Social Media Influencer Award 2026, an initiative that recognises Arab content creators and cybersecurity professionals whose work...
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Kaspersky Study Finds Nearly Half of Tech-Enabled Abuse Victims Know Their PerpetratorsNearly one in two victims of technology-facilitated abuse have been targeted by someone within their own social circle, according to the second installment of a new global report released by Kaspersky, highlighting...
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Kaspersky Study: Parents Who Share More Online Are Less Motivated to Practice...Parents who frequently share photos, videos, and personal information about their children on social media are less likely to be motivated to adopt digital safety measures, according to a new study conducted...
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Huawei Watch Face Program Partners with Ajman University to Develop Emerging Digital...Huawei Watch Face (MEA) has partnered with Ajman University to launch a designer cultivation and recruitment initiative aimed at developing emerging digital talent and expanding opportunities for creators within Huaweis smartwatch ecosystem...
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JATDEV Targets Expansion with Huawei Cloud Across Financial and Government Sectors Within...Company Plans Regional Expansion into Gulf and Arab Markets by 2028 JATDEV is planning to deepen its strategic partnership with Huawei Cloud over the next two years as part of an...
Markets
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Beltone Holding Shares Rise 3.7% in July, Market Value Nears EGP 33...Shares of Beltone Holding posted solid gains on the Egyptian Exchange during July, rising 3.7% over the month and adding nearly EGP 1.2 billion to the companys market capitalization. The stock closed...
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Gold Prices Slip in Egypt as 21-Karat Loses EGP 30 per GramGold prices edged lower in Egypt during Friday’s trading, with the widely traded 21-karat grade falling by around EGP 30 per gram amid weaker global bullion prices and subdued demand in the...
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Trump Media to Sell Wall Street Faster Access to Market-Moving Truth Social...Trump Media Technology Group is preparing to sell banks, hedge funds and algorithmic trading firms faster access to posts published on Truth Social, including messages from US President Donald Trump that can...
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IBM’s Historic Stock Rout Exposes a New Winner in the AI Spending...IBM’s worst trading day in nearly six decades delivered an unexpected signal to investors: the artificial intelligence boom is redirecting corporate technology budgets away from traditional software and services and towards scarce...
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PayPal Shares Surge as Stripe and Advent Launch $53 Billion Takeover BidPayPal shares recorded their strongest one-day gain on record after payments giant Stripe and private equity firm Advent International reportedly submitted a joint takeover proposal valuing the company at more than $53...
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Alibaba Bans ”Claude Code” AI Tool Internally Over Security Concerns Amid Distillation...Alibaba has decided to ban the use of the intelligent programming tool Claude Code within its work environments following mounting security concerns regarding potential vulnerabilities or built-in backdoors in the software. According...
Ai
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Facebook ranks worst for online harassmentA new global survey has found Facebook to be the leading platform for online abuse targeting land and environmental defenders, with over 90 percent of respondents reporting some form of digital harassment....
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Madrid puts a stop to screens in classroomsThe Community of Madrid has decided to set limits on screen use in the earliest stages of education. The new decree, which will come into effect in the 2025/26 academic year, introduces...
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More than 600,000 accounts linked to predatory behavior-cnbc- on Wednesday introduced new safety features for teen users, including enhanced direct messaging protections to prevent exploitative content. Teens will now see more information about who they re chatting with, like...
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Dubai launches world’s first icon classification for Human–Machine Collaboration for AI transparencyDubai launches world s first icon classification for Human Machine Collaboration for AI transparency Dubai has launched the world s first Human-Machine Collaboration Icons - a system that makes visible the invisible,...
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YouTube wipes out thousands of propaganda channels linked to China, Russia, othersGoogle announced Monday the removal of nearly 11,000 YouTube channels and other accounts tied to state-linked propaganda campaigns from China, Russia and more in the second quarter. The takedown included more than...
Mobiles
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OPPO Launches Reno16 Series in Egypt After Reno15 Drives 39% Sales GrowthOPPO has launched its new Reno16 smartphone lineup in Egypt, introducing three models — the Reno16, Reno16 Pro and Reno16 F — as the company looks to build on the strong local...
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Massive Battery, Rugged Build, and Easy Google Apps: Why the HUAWEI nova...Smartphone enthusiasts will agree that the new HUAWEI nova 15 Max is probably the most underrated phone of the year. It packs everything young users need to power through summer break. It...
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Power Without Limits: vivo Y500 Officially Launches in Egypt with the Largest-Ever...vivo Egypt today officially announced the launch of the all-new vivo Y500, the latest addition to its Y Series lineup that redefines what consumers can expect from an entertainment-focused smartphone. Combining vivos...
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OPPO Unveils Reno16 Series for Egypt, Expands Local Manufacturing and AI AmbitionsOPPO is set to launch its new Reno16 Series in Egypt on August 11, introducing a new generation of AI-powered smartphones while expanding its local manufacturing footprint as part of a broader...
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OPPO Reno16 Series Set to Launch in Egypt, Combining Advanced AI Capabilities...OPPO, the worlds leading smart device brand, has announced that the Reno16 Series is set to officially launch in Egypt on August 11 under the theme of “Your Vibe, Your Way”, marking...
تكنوتايم بالعربي
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«إم إن تي-حالًا» تعيد رسم خريطة التمويل في مصر بالذكاء الاصطناعي.. 500...لم يعد غياب التاريخ الائتماني يعني بالضرورة بقاء العميل خارج دائرة التمويل. فمع توسع استخدام الذكاء الاصطناعي وتحليل البيانات، بدأت المؤسسات المالية في بناء صورة أوسع عن قدرة العملاء على السداد، بما...
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«إي فاينانس» تستحوذ على «تمويلي» بالكامل في صفقة نقدية وتبادل أسهم للتوسع...وافقت مجموعة «إي فاينانس للاستثمارات المالية والرقمية» على الاستحواذ على كامل أسهم شركة «تمويلي للخدمات المالية»، في خطوة تنقل المجموعة إلى مرحلة جديدة من التوسع في الخدمات المالية غير المصرفية وتمويل المشروعات...
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التموين والإنتاج الحربي وجهاز مستقبل مصر يبحثون تعزيز التعاون لدعم المشروعات القومية...في إطار توجه الدولة لتعزيز التكامل بين مؤسساتها وتوظيف القدرات الوطنية، عقد الدكتور المهندس صلاح سليمان جمبلاط، وزير الدولة للإنتاج الحربي، اجتماعًا مع الدكتور شريف فاروق، وزير التموين والتجارة الداخلية، والدكتور بهاء...
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”قرة لمشروعات الطاقة والاستثمار” ترفع رأس مالها بقيمة 405 مليون جنيه وتفوز...القاهرةxxxx أعلنت شركة «قرة لمشروعات الطاقة والاستثمار» عن فوزها بتنفيذ الأعمال المتكاملة لإنشاء المصنع الجديد للشركة اليابانية يازاكي مصر للأنظمة الكهربائية (YAZAKI EDS Egypt)، إحدى شركات مؤسسة يازاكي العالمية المتخصصة في تصنيع...
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بنك قناة السويس يواصل تحقيق نتائج قوية خلال النصف الأول من 2026...حقق بنك قناة السويس صافي أرباح البنك تجاوز 3.6 مليار جنيه مصري بنهاية يونيو 2026 مقارنة بنحو 3.1 مليار جنيه مصري بنهاية يونيو 2025، محققًا نسبة نمو قدرها 17.7%، مدعومًا بزيادة صافي...



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