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News
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Middle East Conflict Prompts World Bank to Cut Global Growth ForecastThe World Bank has lowered its outlook for global economic growth, warning that escalating geopolitical tensions in the Middle East are adding fresh uncertainty to an already fragile global economy and threatening...
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Gold Jumps 2% as Inflation Fears Ease After Trump Scraps Planned Strikes...Gold prices surged nearly 2% in global trading after U.S. President Donald Trump reportedly decided against launching planned military strikes on Iran, easing concerns about a broader regional conflict and reducing fears...
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TIEC Launches Growth Marketing Bootcamp to Help Startups Turn Strategy into Scalable...The Technology Innovation and Entrepreneurship Center (TIEC), an affiliate of the Information Technology Industry Development Agency (ITIDA), has announced the launch of the “Startup Growth Marketing Bootcamp: From Strategy to Digital Execution,”...
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From Shock to Resilience: Has Egypt’s Economy Become the Surprise Winner of...When the Iran conflict erupted earlier this year, many analysts expected Egypt to be among the countries most exposed to the economic fallout. As a major energy importer and a nation still...
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SpaceX Raises Record $75 Billion in Historic Offering, Reaches $1.77 Trillion ValuationElon Musks SpaceX has completed the largest capital raise ever achieved through a public stock offering, securing an unprecedented $75 billion after selling approximately 555.6 million shares at $135 each, propelling the...
TechnoTime Emirates
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Emirates Showcases Giant A380 at Berlin Air Show, Welcomes German Chancellor OnboardEmirates Airline drew significant attention at the International Aerospace Exhibition (ILA) Berlin 2026 after showcasing its flagship Airbus A380, which became one of the event’s most visited attractions and hosted high-profile national...
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Launch of Dhabi: The First Local Bank Designed to Attract the World’s...In a move that underscores Abu Dhabi’s growing ambitions to become a global wealth management hub, the emirate has announced the launch of Dhabi, the first locally established private bank dedicated exclusively...
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Abu Dhabi Securities Exchange Participates in HSBC GCC Exchanges Conference in LondonThe Abu Dhabi Securities Exchange (ADX) participated in the HSBC GCC Exchanges Conference held in London, as part of ongoing efforts to strengthen international investor engagement and highlight investment opportunities across Gulf...
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Mohammed Bin Rashid Innovation Fund Partners With Numu Platform to Expand Financing...The Mohammed Bin Rashid Innovation Fund (MBRIF) has signed a strategic partnership agreement with Numu Platform aimed at expanding financing solutions and improving access to capital for innovative startups and high-growth companies...
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Dubai Chambers Forms Executive Committee to Accelerate Adoption of Agentic AI in...Dubai Chambers has announced the formation of a new executive committee aimed at accelerating the adoption of Agentic Artificial Intelligence technologies across the private sector, as part of broader efforts to strengthen...
Business
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One in Every Thousand: European Countries Where the Ultra-Rich Earn the Highest...Europe is often associated with strong social welfare systems, progressive taxation, and relatively balanced income distribution. Yet beneath that image lies a small group of ultra-wealthy individuals whose earnings far exceed those...
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Alwaleed bin Talal’s Wealth Hits Highest Level Since 2012 as Tech Bets...Saudi billionaire investor and businessman Prince Alwaleed bin Talal has seen his fortune climb to its highest level in more than a decade, benefiting from a strong rally in technology investments and...
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Ahmed Embaby Leads Strong Egyptian Presence on Forbes Middle East’s Top Marketing...Egyptian marketing executives dominated Forbes Middle East’s 2026 ranking of the region’s most influential Chief Marketing Officers, with 21 Egyptian leaders featured among 101 executives representing 100 major organizations across the Middle...
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Standardizing the Supply Chain: How Food Safety and Commercial Diplomacy are Anchoring...2026 In modern international trade, securing a deal during a B2B matchmaking session is only half the battle. The true challenge lies in navigating the complex maze of non-tariff barriers, custom clearances,...
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eYouth and Doroob Partner to Expand Digital Skills Training and Employment Opportunities...Egyptian educational technology company eYouth has announced a strategic partnership with Syrian startup Doroob to expand digital education and employment-focused training programs for young people across Syria, as both organizations seek to...
Technology
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The Ministry of Communications and Information Technology launches an awareness message campaign...The Ministry of Communications and Information Technology launched an awareness text messages campaign to consolidate the concepts of digital awareness in Egyptian society and introduce the awaa platform. Net www.wa3i.net, which aims...
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EUI Students Showcase 17 Industry-Ready Games Inspired by Egyptian Culture and HeritageThe Faculty of Digital Arts and Design at Egypt University of Informatics has successfully concluded its annual Game Design Final Showcase, highlighting the graduation projects of students enrolled in the university’s Game...
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ITIDA Opens Applications for DXC Dandelion Program to Empower Neurodivergent Youth in...The Information Technology Industry Development Agency (ITIDA) has announced the opening of applications for the ITIDA–DXC Dandelion Training Program, launched in collaboration with DXC Technology, as part of ongoing efforts to promote...
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Huawei Cloud Egypt Eyes Deeper Collaboration with Thndr to Advance AI-Driven InnovationHuawei Cloud Egypt is looking to deepen its strategic cooperation with digital investment platform Thndr and support the company’s future expansion plans in artificial intelligence, according to Ahmed Hamouda, General Manager of...
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Evolve Investment Holding Crosses 12 Tons of Digital Gold Traded, Manages EGP...Evolve Investment Holding has announced a massive operational within Egypt’s digital precious metals sector. Speaking on the company’s recent growth trajectories, Mohamed Amer, Head of Information Technology, stated that the firm’s proprietary...
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Huawei Cloud Egypt Unveils Three-Pillar Strategy to Power AI-Driven Fintech EcosystemHuawei Cloud has announced a strategic shift in its operational focus within the Egyptian market, moving from traditional cloud migration to advanced Artificial Intelligence (AI) integration. Speaking at the annual Huawei Cloud...
Smart cities
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CI Capital Advises the National Service Projects Organization on its Strategic Partnership...CI Capital is acting as Exclusive Financial Advisor to the National Service Projects Organization on its strategic partnership with Taqa Arabia Cairo, 11 June 2026: CI Capital (CICH.CA), Egypts leading diversified financial...
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CI Capital acted as Sole Financial Advisor, Issuance Manager, Bookrunner and Lead...CI Capital (CICH.CA), the leading diversified financial services group, announced today the successful conclusion of a securitized bond issuance worth a total of EGP 1.77 bn for El Taamir Securitization, in...
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PIF and Talaat Moustafa Group Sign MoU to Develop Mixed-Use Real Estate...Saudi Arabia The Public Investment Fund (PIF) and Saudi Talaat Moustafa Group for Real Estate Development (TMG) announced today the signing of a Memorandum of Understanding (MoU) aimed at enhancing cooperation and...
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Tatweer Misr Launches New Move-In-Ready Phase at Bloomfields in Mostakbal CityTatweer Misr, one of Egypt’s leading real estate developers, has announced the launch of a new, move-in-ready residential phase within its flagship Bloomfields project in Mostakbal City. This strategic move highlights the...
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Lamp;D Hub Conference to Convene on June 13, Unveiling the Future of...The L D Hub conference is scheduled to launch on June 13, 2026. Organized by corporate training provider The Trainer, the summit serves as a strategic crossroads for human resources (HR) executives,...
Banks
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CBE Announces Banking Holiday Next Thursday for Islamic New YearThe Central Bank of Egypt (CBE) has officially announced that all banks operating in the Egyptian market will suspend operations next Thursday, June 18, 2026, in observance of the Islamic New Year...
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National Bank of Egypt Joins Egyptian Education Alliance to Support Development of...The National Bank of Egypt (NBE), CIRA Education, and ten additional corporate and institutional partners have signed a shareholders’ agreement governing the newly established Egyptian Education Alliance, a strategic initiative aimed at...
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HSBC and Mastercard Launch AI-Powered ”Smart Agent” B2B Payment Pilot in SingaporeHSBC and Mastercard have partnered to launch a live, first-of-its-kind pilot project in Singapore testing a new business-to-business (B2B) payment model driven by AI-powered smart agents. The initiative marks a major acceleration...
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Uptime Through Maintenance: The Strategy Behind Banque Misr’s Forced Corporate Password Rotation...For corporate treasurers and chief financial officers managing large-scale liquidity, any interruption in digital banking channels is a critical variable. Recognizing this, Banque Misr is taking a proactive, transparent approach to its...
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Standard Chartered Expects Egypt’s Economic Growth to Accelerate to 4.7% in FY2027Standard Chartered expects Egypt’s economic recovery to gain momentum over the next fiscal year, forecasting GDP growth of 4.7% in FY2027 as macroeconomic conditions improve and the government continues implementing structural...
Fin tech
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Souhoola Targets 40% Growth in 2026 as Financing Volume Reaches EGP 2.5...CEO Ahmed El Shanawany Highlights Expansion Plans, Customer Growth and Strong Banking Partnerships at Huawei Cloud FinTech Summit 2026 Souhoola Consumer Finance is on track to achieve approximately 40% growth in 2026,...
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At Huawei Cloud FinTech Summit 2026, Thndr CEO Outlines Strategic Blueprint for...Ahmad Hammouda, Founder and CEO of Thndr, asserted that enhancing financial literacy is one of the most critical priorities in the current period. He noted that developing individuals financial awareness extends beyond...
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Thunder CEO Highlights Digital Technology as Core Driver for Democratizing Investment and...Ahmad Hammouda, Founder and CEO of Thndr, reaffirmed that the company’s mission since its inception has been to make investing more accessible and straightforward for everyone, empowering individuals to grow their wealth...
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Souhoola Launches Interest-Free Financing Promotion for Samsung Products Over 24 MonthsSouhoola, a leading consumer finance company, has announced the launch of a premium promotional campaign, offering customers unprecedented flexible payment plans to purchase all products from the global tech giant, Samsung. According...
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Evolve Holding Expands Gold Ecosystem Investments as Egypt’s Precious Metals Market Gains...Evolve Holding is accelerating its expansion plans across Egypt’s precious metals sector, positioning itself at the center of a rapidly evolving gold investment ecosystem that is attracting growing interest from both retail...
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Mastercard Restructures South Asia Operations, Launching Unified Leadership Cluster for 5 Key...Global payments technology giant Mastercard has officially announced a major operational restructuring across its South Asia division. The company is consolidating five rapidly evolving economies—Sri Lanka, Maldives, Bangladesh, Nepal, and Bhutan—under a...
Cars
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Tesla Delays Highly Anticipated Roadster Unveiling to August Amid Ongoing SpaceX Tech...Tesla has announced the postponement of the highly anticipated presentation of its electric sports car, the Roadster, to August or later. This move adds another chapter to a long series of delays...
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Rising Spare Parts Costs Push Motor Insurance Compensation Higher by Up to...Egypt’s motor insurance market is witnessing a noticeable increase in compensation costs during 2026, driven primarily by rising spare parts prices and the return of “overprice” practices in the automotive sector, according...
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Waymo Deploys Zeekr-Powered Robotaxis to Slash Operating Costs and Drive ProfitabilityUS-based autonomous driving pioneer Waymo has initiated a strategic expansion of its commercial operations with the launch of its latest self-driving vehicle. The move is specifically engineered to reduce operational overhead and...
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Egypt Customs Auctions Generate EGP 31.7 Million from Vehicles and Goods Across...Egypt’s customs authorities generated EGP 31.7 million in proceeds from a public auction involving vehicles and assorted imported goods confiscated or unclaimed across several major customs ports, reflecting continued activity in the...
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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...
cyber security
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JATDEV Targets Expansion with Huawei Cloud Across Financial and Government Sectors Within...Company Plans Regional Expansion into Gulf and Arab Markets by 2028 JATDEV is planning to deepen its strategic partnership with Huawei Cloud over the next two years as part of an...
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Kaspersky warns of “gray” scam websites exploiting user trusRecent research by Kaspersky has shown that the so-called “gray” websites repeatedly target all world regions, and this may be driving both financial loss and large-scale data harvesting. Gray websites are deceptive...
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CAISEC 2026 Concludes with Record International Participation, Reinforcing Egypt’s Position as a...The fifth edition of the Cyber and Information Security Exhibition and Conference (CAISEC 2026) concluded with record-breaking participation and unprecedented international engagement, further cementing its status as one of the largest cybersecurity...
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Kaspersky Warns of New AI-Powered Phishing Campaign Exploiting Tencent’s Web Development PlatformKaspersky researchers have uncovered a new phishing technique targeting corporate users through the abuse of Tencent EdgeOne Pages, a legitimate AI-powered web development and hosting platform, highlighting how cybercriminals are increasingly leveraging...
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CAISEC 2026 Experts: AI Is Reshaping Cyber Warfare as Organizations Turn to...Cybersecurity experts participating in CAISEC 2026 warned that artificial intelligence is fundamentally transforming the balance between cyber attackers and defenders, forcing organizations to rethink traditional security strategies and accelerate the adoption of...
Markets
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The Minister of Housing will participate tomorrow in the ”Egypts Future: Investment...Minister of Housing, Utilities, and Urban Communities, Randa El-Menshawy, will participate tomorrow in the Egypts Future: Investment Opportunities and Sustainable Economic Reform conference, organized by the Egyptian British Business Association (BEBA) from...
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SAM Developments officially launches its operations in the Egyptian real estate marketSAM Developments has officially launched its operations in the Egyptian market, offering a cutting-edge model in real estate development that combines accumulated executive expertise with a forward-looking investment vision, under its core...
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The Minister of Investment issues a decision appointing Alaa El-Baily as Chairman...In line with the Ministry of Investment and Foreign Trades ongoing vision to enhance the efficiency and competitiveness of exhibitions and conferences as a mechanism to support and promote Egyptian exports to...
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Dubai Real Estate Development celebrates Eid Al Adha with an exceptional aerial...In an atmosphere brimming with joy and celebration of Eid Al-Adha, Dubai Real Estate Development, in collaboration with Ithmaar Properties, organized an exceptional and unconventional event. A helicopter flew over the skies...
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Egyptian Gold Market Exhibits High Pricing Maturity Amid Global Geopolitical HesitationThe domestic gold sector in Egypt has demonstrated stron operational resilience, weathering intense international macroeconomic data releases with a controlled 0.6% price correction. The latest index from digital marketplace iSaagha indicates that while...
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Dream 2000 Surpasses 3 Million Social Media Followers, Solidifying Retail Leadership in...Dream 2000, one of the largest retail chains for smartphones, consumer electronics, and home appliances in the Egyptian market, has officially announced that its aggregate social media following has surpassed 3 million...
Ai
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Facebook ranks worst for online harassmentA new global survey has found Facebook to be the leading platform for online abuse targeting land and environmental defenders, with over 90 percent of respondents reporting some form of digital harassment....
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Madrid puts a stop to screens in classroomsThe Community of Madrid has decided to set limits on screen use in the earliest stages of education. The new decree, which will come into effect in the 2025/26 academic year, introduces...
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More than 600,000 accounts linked to predatory behavior-cnbc- on Wednesday introduced new safety features for teen users, including enhanced direct messaging protections to prevent exploitative content. Teens will now see more information about who they re chatting with, like...
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Dubai launches world’s first icon classification for Human–Machine Collaboration for AI transparencyDubai launches world s first icon classification for Human Machine Collaboration for AI transparency Dubai has launched the world s first Human-Machine Collaboration Icons - a system that makes visible the invisible,...
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YouTube wipes out thousands of propaganda channels linked to China, Russia, othersGoogle announced Monday the removal of nearly 11,000 YouTube channels and other accounts tied to state-linked propaganda campaigns from China, Russia and more in the second quarter. The takedown included more than...
Mobiles
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realme Launches 16 Series in Egypt, Bringing AI-Powered Photography and Flagship Performance...realme has officially launched its new realme 16 Series in the Egyptian market, introducing the flagship realme 16 Pro+ and realme 16 Pro as part of its strategy to strengthen its presence...
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HUAWEI Announces Pre-Orders for HUAWEI WATCH FIT 5 in Egypt with Flexible...HUAWEI has opened pre-orders for the HUAWEI WATCH FIT 5, its newest generation of the renowned series designed to deliver enhanced comfort, stability, and a precise health tracking and comprehensive fitness experience....
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Emam Ashour teams up with realme as their brand ambassador to lead...realme, the world’s fastest-growing smartphone brand in Egypt, has officially announced football star Emam Ashour as the official realme brand ambassador, representing its highly anticipated realme 16 Series in Egypt, the first...
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realme Announces Upcoming Launch of realme 16 Series in Egypt Featuring 200MP...realme, recognized as the fastest-growing smartphone brand in the Egyptian market, has officially announced the upcoming launch of its latest hardware lineup, the realme 16 series. Scheduled for an imminent release across...
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Xiaomi 17T Pro Impresses With Premium Design and Flagship Features at a...Xiaomi appears to be strengthening its position in the upper mid-range smartphone segment with the Xiaomi 17T Pro, a device that combines premium styling, strong performance, and flagship-inspired features at a relatively...
تكنوتايم بالعربي
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Emirates NBD Launches Integrated Rewards Hub via ENBD X App to Revolutionize...Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has officially announced the launch of its all-new Rewards Hub within the ENBD X mobile banking...
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رئيس مجموعة باساب: الذكاء الاصطناعي أصبح جزءًا أساسيًا من منظومة التصنيع بالمجموعةكشف المهندس شريف الصياد، رئيس مجموعة باساب، عن بدء تطبيق تقنيات الذكاء الاصطناعي داخل المصانع التابعة للمجموعة، بهدف رفع كفاءة التشغيل وتحسين تقييم الأداء داخل خطوط الإنتاج. وقال، إن المجموعة بدأت استخدام...
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الصياد: نستهدف تصنيع سيارة كهربائية للشباب بسعر 500 ألف جنيهقال المهندس شريف الصياد، رئيس مجموعة باساب، أن المجموعة تعمل حاليًا على دراسة تصنيع سيارة كهربائية صغيرة مخصصة للشباب، بسعر يستهدف الوصول إلى نحو 500 ألف جنيه، في إطار التوسع في وسائل...
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شركة الأمل الشريف للبلاستيك بروتوكول تعاون مشترك مع شركة النصر للتصدير والاستيراد...في إطار تعزيز التعاون الإقليمي ودعم التوسع في الأسواق الإفريقية، وقّعت شركة الأمل الشريف للبلاستيك بروتوكول تعاون مشترك مع شركة النصر للتصدير والاستيراد (جسور) وذلك بهدف توحيد الجهود في مجالات التصنيع والتسويق...
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PayTabs تستحوذ على TAPn’GO لتعزيز المدفوعات اللاتلامسية في المنطقةأعلنت مجموعة PayTabs، إحدى شركات قائمة Future 100 والرائدة الحائزة على جوائز في مجال تنسيق الدفع في منطقة الشرق الأوسط وشمال إفريقيا، اليوم عن إتمام صفقة استحواذ كبرى أخرى. حيث استحوذت على...