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News
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Hisham Ezz Al-Arab: How He Transformed CIBHisham Ezz Al-Arab: The Banker Who Took CIB to a New Level Hisham Ezz Al-Arab Leads CIB Into Its Next Chapter Hisham Ezz Al-Arab: How He Transformed CIB From the Boardroom to...
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Four Egyptian Startups Get a Shot at Global Expansion Through Orange’s 2026...Egypt’s startup ecosystem will have four new representatives on an international stage this year, after Extractor Co, DevGain, B-Vita and Nour secured places in the global round of Orange’s 2026 Social Venture...
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UAE Non-Oil Private Sector Growth Accelerates in August as PMI Surges to...The United Arab Emirates non-oil private sector experienced a sharp acceleration in August, driven by a robust influx of new business, expanded production, and easing input costs amid improving supply chain conditions....
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UAE Gold Prices Advance Across All Carats as Global Bullion Rallies Ahead...Domestic gold prices across the United Arab Emirates recorded relative increases across all carats on Thursday, September 3, 2026, tracking strong upward momentum in international bullion markets. Globally, spot gold climbed more...
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Egypt Gold Prices Rise Across All Carats as Global Bullion Gains Over...Domestic gold prices in Egypt recorded relative gains at the opening of Thursday trading on September 3, 2026, tracking an upward momentum in international bullion markets. Globally, spot gold climbed more than...
TechnoTime Emirates
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Dubai Real Estate Transactions Top AED 2.18 Billion as Sales Capture Two-Thirds...Dubai’s property market recorded more than AED 2.18 billion in real estate transactions in a single day, with sales accounting for almost two-thirds of the total value as activity remained spread across...
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Dubai Issues New Guide to Help Businesses Navigate Force Majeure and Contract...Dubai has issued a new practical guide to help businesses determine when an unexpected event genuinely qualifies as force majeure — and when disruption, higher costs or delays remain part of the...
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Emirati Women Make Up 85% of DEWA’s Female WorkforceEmirati women account for 85% of the female workforce at Dubai Electricity and Water Authority (DEWA), highlighting the growing role of national talent across one of the UAE’s most strategically important utilities....
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XSquare Raises Pre-Seed Funding Led by Raed VenturesUAE-based business payments company XSquare has closed a pre-seed investment round led by Raed Ventures, with participation from AngelSpark, 500 Global and Oraseya Capital. The funding will support the company’s development of...
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UAE Fintech Mal Secures In-Principle Approval to Establish Licensed Bank After $230...UAE-based fintech Mal has secured in-principle approval from the Central Bank of the UAE to establish a licensed bank, moving the company closer to launching an AI-native Islamic digital banking platform targeting...
Business
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KEPCO Proposes $18B Advance Electricity Payment from Samsung and SK Hynix to...State-run utility Korea Electric Power Corporation (KEPCO) has proposed that semiconductor giants Samsung Electronics and SK Hynix pay roughly 25 trillion won ($18 billion) upfront for electricity supplies through 2031, aiming to...
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Mansour Group and China’s Tianneng Sign MoU to Manufacture Lithium and Lead-Acid...Egypt’s Mansour Group and China’s Tianneng Battery Group Co., Ltd. have signed a memorandum of understanding (MoU) to explore the localized manufacturing of advanced energy storage solutions, including lead-acid automotive batteries and...
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Visa Launches Upgraded ”A2A Protect” Solution Integrating Featurespace AI to Combat Account-to-Account...Global digital payments leader Visa has unveiled an enhanced version of its A2A Protect solution, designed to provide real-time fraud risk scoring and empower financial institutions to detect and mitigate account-to-account (A2A)...
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Shein Shares Drop Up to 10% in Tepid Hong Kong Debut as...Shares of Singapore-headquartered fast-fashion giant Shein fell as much as 10% during early trading on Tuesday in its long-awaited debut on the Hong Kong Stock Exchange (HKEX), reflecting investor caution over its...
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Global Bond Yields Surge as Oil Price Spikes and Rate Hike Fears...Global debt markets faced intense selling pressure as benchmark sovereign bond yields surged to multi-year highs, driven by mounting inflation fears, soaring energy prices, and heightened expectations of near-term interest rate hikes...
Technology
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ICT Minister Witnesses MoU Signing between Telecom Egypt, PSL to Develop Sharm...Minister of Communications and Information Technology Raafat Hendy has attended the signing ceremony of an agreement between Telecom Egypt, Egypt’s leading telecommunications and IT services provider and one of the region’s largest...
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OpenAI Sparks Safety Scrutiny Over ”Recurrent Depth” Reasoning in New Astra ModelOpenAI has triggered mounting concern among artificial intelligence safety researchers following disclosures that its new model, Astra, incorporates an advanced reasoning technique known as Recurrent Depth, which could make the model’s internal...
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Egypt’s E-Commerce Market Projected to Double to $202 Million by 2034 Driven...Egypt’s e-commerce market is poised to nearly double over the next decade, with projections indicating a surge in valuation from $101.6 million in 2025 to $202.1 million by 2034. According to market...
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NVIDIA’s Supply and Production Commitments Surge to $279B Amid Lingering Michael Burry...Semiconductor heavyweight NVIDIA has expanded its supply and manufacturing capacity obligations to approximately $279 billion as of late July 2026, marking a $160 billion surge from $119 billion recorded in the prior...
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Thomson Reuters Discloses Cyberattack on C-Track Court Management Platform Affecting US and...Thomson Reuters has disclosed a cybersecurity breach targeting the C-Track platform operated by its West Publishing unit, resulting in unauthorized access to digitized court records and case management files across North America....
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EU Scrutinizes Oracle’s Software Licensing and Cloud Practices Amid Competition ConcernsThe European Commission is examining the software licensing and cloud service practices of US technology giant Oracle Corporation, gathering market feedback to assess potential anti-competitive behavior in the European single market. The...
Smart cities
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Hong Kong Tops, Cairo Trails in Global Real Estate Prices According to...The Mapping the Worlds Prices 2026 report by Deutsche Bank Research reveals a staggering disparity in global housing markets across 69 cities, with the price per square meter in the most expensive...
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China State Construction International Posts 4.33 Billion Yuan Net Profit, Driven by...China State Construction International Holdings Ltd. reported a net profit of 4.330 billion yuan for the first half of the year, alongside a solid dividend payout ratio of 35.4%. The group demonstrated...
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CAPMAS: 212,000 Housing Units Executed with EGP 245.3 Billion Investments During 2024/2025The Central Agency for Public Mobilization and Statistics (CAPMAS) issued today, Monday, August 17, 2026, the Annual Housing Bulletin in Egypt for the year 2024/2025. The report revealed a remarkable leap in...
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TMG Deepens Regional Expansion Across Saudi Arabia, Oman and IraqTalaat Moustafa Group Holding (TMG) is moving into a new phase of regional expansion across Saudi Arabia, Oman and Iraq, seeking to export the large-scale integrated community model that has underpinned its...
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TMG Posts EGP 219.1 Billion in H1 Sales as SouthMED and The...Talaat Moustafa Group Holding recorded EGP 219.1 billion in contracted sales during the first half of 2026, with a record second quarter underscoring continued demand across the developer’s portfolio in Egypt and...
Banks
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Mashreq Launches AED 5,000 Cashback for Digital Mortgages as Dubai Real Estate...Mashreq, a leading financial institution in the MENA region, has launched a limited-time promotional campaign offering a fixed AED 5,000 cashback for homebuyers who secure mortgage financing through the banks digital channels....
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US Dollar Ticks Up Against Egyptian Pound as Annual Expatriate Remittances Hit...The US Dollar recorded slight gains against the Egyptian Pound (EGP) across major state-owned and private commercial banks on Thursday, September 3, 2026. Domestic markets continue to closely monitor foreign exchange movements...
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Standard Chartered Launches Institutional Spot Crypto Trading for Bitcoin and Ether in...Standard Chartered has officially launched institutional spot trading for Bitcoin and Ether in the United Arab Emirates, operating out of its branch in the Dubai International Financial Centre (DIFC). Regulated by the...
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First Abu Dhabi Bank Executes Live US Dollar Settlements via SWIFT Ledger...First Abu Dhabi Bank (FAB) has completed live, scaled US dollar transactions under the Minimum Viable Product (MVP) phase of the SWIFT Ledger platform. The project utilized tokenized commercial bank deposits and...
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Bank of Japan Governor Signals Potential September Rate Hike Amid Inflation Risks...Bank of Japan (BOJ) Governor Kazuo Ueda indicated on Tuesday that the central bank will actively discuss raising interest rates at its upcoming September meeting, citing mounting inflation risks and the economic...
Fin tech
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PhonePe Launches Offline UPI 123Pay to Bring Digital Payments to 200 Million...Indian fintech giant PhonePe has rolled out UPI 123Pay, a new service enabling feature phone users to conduct digital payments and money transfers without an internet connection. The initiative is strategically aimed...
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Indias NPCI to Enable UPI AutoPay Portability, Breaking Payment App Lock-InThe National Payments Corporation of India (NPCI) is preparing to enable the transfer of automatic payment mandates via the UPI AutoPay system across different payment applications, a strategic move designed to reduce...
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Kaspersky Warns: Cybercriminals Target SMBs with Enterprise-Grade Attack TacticsGlobal cybersecurity leader Kaspersky has warned that cybercriminals are increasingly employing the same sophisticated attack methods against Small and Medium-sized Businesses (SMBs) as they do against large corporations. A recent global survey...
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Alpha Dhabi Holding Doubles Investment in Mubadala Capital’s ‘Micad Credit’ to $1...Alpha Dhabi Holding, listed on the Abu Dhabi Securities Exchange (ADX), has announced a significant increase in its investment in Micad Credit, a joint venture managed by Mubadala Capital, the global alternative...
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مؤسس «بُكرة»: الترخيص والمصداقية خط الدفاع الأول لحماية المدخرات من الوعود الوهميةمؤسس ورئيس شركة بكرة: الوعود بعوائد خيالية ليست حلاً.. والتحويش يبدأ بالتأكد من الترخيص والمصداقية • الترخيص والمصداقية.. خط الدفاع الأول لحماية المدخرات • العائد المرتفع وحده لا يكفي لاتخاذ قرار الادخار...
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Up to 70% Off and Four-Year Payment Plans: Inside Souhoola’s Latest Offers
Egyptian consumer finance platform Souhoola has rolled out a new round of installment offers spanning electronics, everyday purchases and even gold, as competition among consumer finance providers increasingly shifts toward longer repayment...
Cars
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Ford Recalls Over 148,000 Mustangs in the US Over Power Loss and...Ford Motor Company has recalled 148,663 vehicles in the United States due to electrical faults that could lead to a sudden loss of motive power and the failure of critical safety functions,...
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Intense Pressure Mounts to Secure Deal on Volkswagen Overhaul as 50,000 Job...Olaf Lies, the Minister-President of Lower Saxony and a key negotiator in talks over Volkswagens restructuring roadmap, stated that immense pressure is mounting on all stakeholders to hammer out an agreement in...
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Opel Grandland Ranks Third Among Egypt’s Most Registered European Models in JulyThe Opel Grandland ranked third among the most registered European car models in Egypt during July 2026, according to monthly vehicle licensing data, giving the SUV one of the strongest positions among...
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Bugatti Unveils the Destrier: A 1-of-1 Masterpiece Transforming the Bolide into a...Bugatti has officially revealed its latest bespoke creation, the Destrier, marking the third unique commission under the brands highly exclusive Solitaire program. The Destrier takes the Bolide—Bugatti’s most extreme track-focused hypercar—and transforms...
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Automotive Dealers Association Warns of 10–15% Spike in Egypt Car Prices Amid...Osama Abou El-Magd, Head of the Egyptian Automotive Dealers Association, has warned of a potential 10% to 15% increase in car prices across the domestic market in the coming period. The anticipated...
cyber security
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Arab Security Conference Marks 10th Edition With High-Level Government and Diplomatic ParticipationThe Arab Security Conference (ASC) is set to mark a decade on the regional cybersecurity calendar when its 10th edition convenes in Cairo on September 27–28, 2026, bringing together senior government officials,...
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Apple Security Updates Fix 29 Vulnerabilities in iOS, iPadOS and macOSApple has released iOS 26.6.1, iPadOS 26.6.1 and macOS Tahoe 26.6.2, addressing 29 CVE-listed security vulnerabilities affecting WebKit, the operating system kernel and other system components. The company said there is currently...
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Ivanti takes autonomous IT operations to FDC Summit 2026IT teams have spent years reacting to problems after they appear. A device falls out of compliance, an employee opens a support ticket, a patch fails to install or a security issue...
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ExtraHop brings the Agentic SOC to FDC Summit 2026 as cyber defense...Security Operations Centers were built around humans reading alerts, investigating suspicious activity and deciding what to do next. ExtraHop believes that model is reaching its limit. The cybersecurity company is participating in...
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From global technology to local deployment: MCS takes a different role at...The cybersecurity market is full of global vendors promising faster detection, better visibility and more intelligent defenses. But for many organizations, buying the technology is only the beginning. The harder part is...
Markets
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Ibnsina Pharma Invests EGP 579 Million in H1 as It Nearly Doubles...Ibnsina Pharma invested EGP 579 million during the first half of 2026 as Egypt’s largest pharmaceutical distributor accelerated spending on distribution centers, technology and logistics capacity to support continued market growth. The...
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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...
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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HUAWEI Collaboration at Valu Café on Triple-Zero Payment Plans for Up to...As part of its continued commitment to its customers and its dedication to sharing important moments and occasions with them, HUAWEI is collaborating with Valu to hold a special event celebrating the...
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Huawei Unveils the WATCH GT 7 Series and Flagship Products at Global...Huawei hosted the Chase the Wild global product launch event today in Munich, Germany. A sweeping portfolio of new smart wearables, tablets, smartphones, and audio devices were announced underscoring Huaweis vision of...
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Xiaomi Bets on a 7,500mAh Battery as Redmi 17 Lands in Egypt...Xiaomi is expanding its smartphone lineup in Egypt with the launch of the Redmi 17, putting an unusually large 7,500mAh battery at the center of a device that also brings a 120Hz...
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HUAWEI nova 15 Max: A Two-Day Battery and Everything Students Need for...A BatteryThat Lasts Two Full Days: Everything a Student Needs Is in HUAWEI nova 15 MaX The start of the new academic year has coming, students need a phone that keeps up with them throughout the...
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HUAWEI MatePad 12 X Brings All Your Learning and Work Tools Together...HUAWEI has launched the HUAWEI MatePad 12 X in Egypt in time for the back-to-school season, offering students and professionals an experience that combines office productivity, note-taking, precise writing, and laptop-like working...
تكنوتايم بالعربي
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“جوميا” تطلق «جوميا فيستيفال 2026» لتعزيز تجربة التسوق الرقمي للعملاء خلال الفترة...أعلنت جوميا عن إطلاق «جوميا فيستيفال 2026»، لتقديم تجربة تسوق أكثر تنوعًا ومرونة لعملائها، من خلال مجموعة واسعة من العروض والخصومات وخيارات الدفع، وذلك خلال الفترة من 31 أغسطس حتى 13 سبتمبر...
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الإحصـــــاء : 199.8 % ارتفاعًا فى قيمة الصادرات المصرية إلى الصين خلال...في إطار العلاقات الثنائية المتميزة التى تجمع بين جمهورية مصر العربية وجمهورية الصين الشعبية ، وبحث سبل تعزيز علاقات الشراكة الاستراتيجية بين البلدين فى مختلف المجالات محل الاهتمام المشترك ، فضلاً عن...
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إندرايف” تعزز منظومة الأمان والسلامة وآليات التحقق من هويات السائقين بالاعتماد على...تواصل إندرايف المنصة الرائدة عالميًا في مجال النقل الذكي، والتطبيق الأول في مصر، تعزيز استراتيجيتها الشاملة للسلامة. وتعتمد الشركة في ذلك على آليات متطورة للتحقق من هوية السائقين، ونظم مراقبة ذكية مدعومة...
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إطلاق منظومة التحقق البيومتري الإلكتروني (الهوية الرقمية) لتيسير حصول المواطنين على الخدمات...في إطار استراتيجية الدولة للتحول الرقمي وتعزيز السيادة الرقمية، وتطوير منظومة متكاملة للتحقق من هوية المستخدمين بما يضمن حماية بياناتهم الشخصية وتيسير حصولهم على الخدمات الرقمية، أتاحت وزارة الاتصالات وتكنولوجيا المعلومات وبالتعاون...
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أورنچ مصر تطلق «التحقق الرقمي» لشراء وتفعيل وإدارة الخطوط للأفراد والشركاتفي خطوة تعكس ريادة أورنچ مصر في تطوير تجربة العملاء وتوسيع نطاق الخدمات الرقمية، أعلنت الشركة إطلاق حزمة متكاملة من الخدمات الرقمية الجديدة للأفراد وقطاع الأعمال، تتيح تنفيذ عدد من الإجراءات الرئيسية...