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BanksNews
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Egypt’s Gold Market Eyes Wednesday Opening After Prices End Tuesday HigherGold prices in Egypt are entering Wednesday’s session from higher levels after the precious metal gained ground toward the end of Tuesday’s trading. The local market is awaiting the start of Wednesday,...
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Egypt Real Estate Platform and LISTA Technology Launch Digital Ecosystem to Transform...The Egypt Real Estate Platform (Monassat Masr El Akaria), in collaboration with LISTA Technology, is preparing to launch an integrated technological ecosystem aimed at creating a qualitative shift in the Egyptian real...
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Qatari Partnership Between Retaj and Al Jazeera Finance to Provide Real Estate...Retaj Hotels Hospitality has signed a strategic cooperation agreement with Al Jazeera Finance, allowing Qatari citizens and residents in the State of Qatar to access Islamic financing solutions for purchasing and owning...
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Egypt Unveils Major Public-Private Partnership to Deliver 20,000 Affordable Homes Under Presidential...Following presidential directives announced during the Egypt Forum 2026, Prime Minister Dr. Moustafa Madbouly, alongside Minister of Housing Eng. Randa Al-Minshawi, presided over the signing of a landmark public-private partnership (PPP) agreement...
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SODIC Sales Soar 116% to EGP 42.4 Billion in 9M 2026, Driven...Sixth of October Development and Investment Company (SODIC) achieved record-breaking contracting sales performance during the first nine months of 2026, recording EGP 42.4 billion compared to EGP 19.6 billion during the same...
TechnoTime Emirates
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LuLu Financial Holdings Partners with Purpleplum to Enhance Digital Corporate Banking in...LuLu Financial Holdings, an international financial services group specializing in cross-border payments, currency exchange, and fintech solutions, has announced a strategic partnership with Purpleplum, a modular banking software infrastructure provider for banks,...
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Checkout.com Partners with PRYPCO to Advance the Future of Digital Real Estate...Checkout .com, a leading global digital payments provider, has announced a strategic partnership with PRYPCO , the Middle East and North Africa’s first fully digital real estate ownership platform. Through this partnership,...
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Telr and CreditPool Launch MENA’s First Multi-Card Payment Solution: ”Telr Multi-Card Payments”UAE-based Telr , a leading provider of e-payment services and payment gateway solutions, has partnered with financial technology firm CreditPool to launch Telr Multi-Card Payments. This new service enables online shoppers to...
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Mastercard Opens New Dubai Experience Center Serving 81 Markets Across EEMEAMastercard has opened the new edition of its Mastercard Experience Center in Dubai, reinforcing its continued investment in the UAE as the company marks 40 years of operations in the country. Located...
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Historic Milestone for Ziina: First UAE Fintech to Combine Retail Payments, Stored...A Regulatory Leap Boosting Ziina’s Leadership in Fintech Emirates-based fintech company Ziina has secured a Category 3 Retail Payment Services license alongside a Category 4 Foreign Exchange authorization from the Central Bank...
Business
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Beltone and GIG Egypt Life Takaful Join Forces to Combine Takaful and...New Alliance Targets Integrated Financial Products Beltone Asset Management and GIG Egypt Life Takaful are joining forces in a strategic partnership designed to create new opportunities across investment and Takaful insurance. Rather...
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Commercial Real Estate Investment in Egypt: How to Choose a Shop or...Location and Rental Demand Drive Investment Returns Investing in commercial and administrative real estate in Egypt requires more than identifying a promising development or anticipating property price increases. Investors need to assess...
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Egypt’s Coastal Real Estate: Best Investment Strategies for North Coast Holiday Rentals...Egypt’s North Coast: A Growing Real Estate Investment Market Egypt’s coastal real estate market is attracting investors seeking rental income, property appreciation, and exposure to the country’s expanding tourism sector. The main...
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DIY Apartment Finishing vs. Hiring a Company: Costs, Benefits and Risks in...Finishing an apartment is a major financial decision that affects the overall budget, workmanship and move-in date. In Egypt, homeowners can either manage the process themselves or hire a specialist finishing company....
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Raya Holding Launches “Raya Ventures” and Secures First Investment in UK AI...Raya Holding for Financial Investments has officially announced the launch of Raya Ventures, its specialized corporate venture capital (CVC) arm. The announcement coincides with the execution of its inaugural investment deal—acquiring a...
Technology
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Meta and NVIDIA Strengthen AI Alliance With $3 Billion InvestmentA Major Investment Links Meta’s AI Expansion to NVIDIA Meta’s push to expand its artificial intelligence infrastructure is gaining another major technology partner, with NVIDIA committing $3 billion to Meta’s equity offering....
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Ministry of Communications Explores Enhancing ”Digital Citizenship” and Women’s Protection in Cooperation...Strategic Cooperation to Enhance Digital Safety The Digital Citizenship and Online Protection initiative, affiliated with the Ministry of Communications and Information Technology, participated in the annual consultation for partners of the United...
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Strategic Partnership Between Cisco and Mannai to Develop Sovereign AI Infrastructure in...Cisco Systems has announced a strategic initiative in partnership with Mannai Corporation (through its division Mannai Tech – Networking ELV Solutions) aimed at building a secure, sovereign digital infrastructure tailored for artificial...
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Huawei Cloud and Fixed Solutions Discuss Data Protection Law Compliance and the...The Huawei Cloud and Fixed Solutions Personal Data Protection Forum 2026 highlighted the technical and regulatory challenges facing organizations following the issuance of the Executive Regulations for Personal Data Protection Law No....
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50 Technology Companies to Join ITIDA’s Virtual Employment Fair in EgyptA Digital Recruitment Platform for Egypt’s Tech Workforce Egypt’s IT industry is set to gain another recruitment platform as ITIDA prepares to hold its 23rd employment fair online on October 28, with...
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Huawei Egypt Launches ”Service Day” Initiative in November with Full Waiver on...Huawei continues to strengthen its presence in the Egyptian market and support its device users by launching the Service Day event from November 1 to 3, 2026. The initiative gives customers the...
Smart cities
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Huawei Leads Global Digital Transformation with Launch of ”AI City 2026” Report...Global Summit Shaping the Future of Smart Cities in Shanghai Chinese telecommunications giant Huawei, in collaboration with Chinas State Information Center, released a high-level research report on the development of AI City...
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Samih Sawiris: Egypt’s Property Market Needs a Correction — and Not Every...Egypt’s real estate market is approaching a period of correction that could force financially weaker developers out while leaving experienced, well-capitalized companies in a stronger position, according to businessman Samih Sawiris. Sawiris...
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Building Future and Smart Cities: Meinhardt Showcases Latest Engineering Solutions and Digital...Meinhardt Group, one of the worlds leading engineering, urban planning, and smart city infrastructure consulting firms, is preparing to participate in the Cairo ICT 2026 exhibition and conference, the premier technology and...
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AI Leaders Examine Worst-Case Scenarios as Cyberattack Fears GrowArtificial intelligence companies are considering how the industry might respond to a major AI-related crisis, as concerns grow over the potential misuse of advanced systems and the consequences of a large-scale cybersecurity...
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Abu Dhabi Real Estate Centre and Hub71 Partner to Propel PropTech Innovation...The Abu Dhabi Real Estate Centre (ADREC), the regulatory body affiliated with the Department of Municipalities and Transport (DMT), has signed a Memorandum of Understanding (MoU) with Hub71, Abu Dhabi’s global tech...
Banks
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EBank Signs MoU with GOEIC to Boost Egyptian Expansion into AfricaDuring the Export Smart 2026 conference, Export Development Bank of Egypt (EBank) signed a Memorandum of Understanding (MoU) with the General Organization for Export and Import Control (GOEIC). This strategic step aims...
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Dollar Trades Above EGP 56 as Egyptian Banks Open Wednesday SessionsThe US dollar opened Wednesday’s trading above EGP 56 against the Egyptian pound, with exchange rates showing relatively narrow differences across Egypt’s banking sector following Tuesday’s decline. At the Central Bank of...
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Egypt Mortgage Finance Initiatives: Eligibility Requirements, Interest Rates and Required DocumentsMortgage financing remains an important option for Egyptians seeking to purchase residential property through installments, particularly low- and middle-income households eligible for subsidized financing initiatives. Eligibility requirements, interest rates, down payments and...
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saib Bank Participates in Pink October Activities and Supports Breast Cancer FightersIn line with its continuous commitment to spreading health awareness and supporting community initiatives, saib Bank participated in the activities of Breast Cancer Awareness Month (Pink October). A delegation of the banks...
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QNB Egypt Expands Banking Services to Support Trade and Logistics at Al...QNB Egypt, a subsidiary of QNB Group, a leading financial institution in the Middle East and Africa, has inaugurated its new branch at Al Amreya Dry Port in Alexandria Governorate, coinciding with...
Fin tech
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Fawaterak Partners with Premium Card to Provide Flexible Installment Solutions for MerchantsExpanding Payment Options and Consumer Finance Fawaterak , a leading company in financial technology and electronic payment solutions, announced the signing of a strategic partnership with Premium Card, a specialist in Buy...
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Sahl Partners With Egypt’s Water Utility to Digitize Bill CollectionNew Partnership Targets Easier Water Bill Payments Delta Misr Payments, Sahl, is expanding its role in digital collections after signing an MoU with the Holding Company for Water and Wastewater. The partnership...
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Tech Source Unveils Strategic Vision for Empowering Finance Teams at 2026 Jeddah...A Strong Regional Presence in Financial Leadership Tech Source GDS made a distinguished mark at the second edition of the Jeddah FP A Summit 2026, driving key industry conversations through a high-level...
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Amanleek and ZenHR Launch Egypt’s First Integration Linking Health Insurance to Employee...Amanleek, a digital insurance brokerage platform, has announced a strategic partnership with ZenHR, an AI-powered HR and payroll management platform. This milestone initiative aims to develop integrated digital solutions for managing employee...
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Money Fellows Manages EGP 150 Billion in Savings Circles as It Eyes...Turning Egypt’s Traditional “Gameya” Into a Fintech Platform Money Fellows has transformed one of Egypt’s most familiar informal savings practices into a digital financial service, using technology to organize and manage traditional...
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Khazna Secures FRA Consumer Finance License Through Strategic Acquisition of Pharos Consumer...Khazna Capital, a subsidiary of financial technology company Khazna, has completed the acquisition of Pharos Consumer Finance Company from Pharos Holding earlier this year and has begun deploying credit lines from financial...
Cars
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Egyptian Engineers Power 50% of Valeo’s Software Production as Smart Car Innovation...Cairo Engineering Team Showcases Innovation in Paris Egypt has become a major software development base for global automotive technology company Valeo, with its Cairo engineers showcasing locally developed innovations during the Paris...
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Mostafa Shobeir Named Official Brand Ambassador for Geely Coolray in EgyptA Strategic Partnership to Boost Geely’s Presence Auto Mobility, the exclusive agent for Geely vehicles in Egypt, announced the signing of a cooperation agreement with Mostafa Shobeir, goalkeeper for Al Ahly SC...
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Egypt Pushes for 100,000-Car Production Target as Local Content Goal Rises to...Egypt is accelerating plans to localize its automotive industry, targeting annual production of more than 100,000 vehicles within the next two to three years while seeking to increase the share of locally...
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Egypt Plans Tax Relief to Cut Vehicle Costs for Youth Employment ProjectsEgypt is considering a new legislative framework that would lower the cost of vehicles provided to young people under the national youth employment project managed by the Tahya Misr Fund. The proposed...
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OMODA X Makes Global Debut in China with Advanced Intelligent Driving and...OMODA JAECOO has officially unveiled the new OMODA X in China, introducing the crossover at OMODA X NIGHT during the brand’s International User Summit on October 20. The new model combines the...
cyber security
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iExperts Completes First SOC 2 Audit Report for OPay to Enhance Cybersecurity...In a progressive move reflecting the depth of their strategic partnership, iExperts announced the completion of the first SOC 2 audit report for OPay , a leading provider of electronic payment and...
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EBE E-Payments Renews PCI DSS v4.0.1 Compliance Standard in Partnership with Zerosploit...EBE E-Payments (paygate) has announced the successful renewal of its Payment Card Industry Data Security Standard (PCI DSS v4.0.1) compliance for the fifth consecutive time, in collaboration with Zerosploit MEA, a leader...
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Meta AI Sharing Incident Exposes More Than 6,000 Conversations Containing Sensitive DataA privacy incident involving Meta’s AI assistant has exposed more than 6,000 shared conversations, revealing sensitive personal and financial information and highlighting growing concerns over how AI chat-sharing features handle private data....
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NTRA Expands Digital Safety Efforts Through Partnership with General Federation of Social...Egypt’s National Telecom Regulatory Authority (NTRA) has signed a cooperation protocol with the General Federation of Social Agencies to strengthen telecom users’ rights, promote digital awareness and enhance online protection for children...
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Digital Financial Security: 10 Golden Rules to Protect Bank Accounts and Digital...Digital financial security has become increasingly important as consumers rely on online banking, payment applications and mobile wallets for everyday transactions. Cybercriminals use a variety of tactics to steal financial and personal...
Markets
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T Developments Launches T19 Business Complex in Egypt’s New CapitalT Developments, the new brand of Tetra Real Estate Group, has launched T19 Business Complex, its first commercial and administrative project in the Financial District of Egypt’s New Administrative Capital, with planned...
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Amazon in Talks to Acquire AI Startup ”Decart” for Around $7 BillionAmazon is in advanced talks to acquire the artificial intelligence startup Decart in a deal that could be valued at approximately $7 billion, according to a report by the Wall Street Journal...
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Emaar Misr Appoints BDO as Independent Advisor to Finalize 100% Acquisition of...Evaluative Step to Calculate the Swap Ratio Emaar Misr for Development has decided to appoint BDO Keys Financial Advisors as an independent financial advisor to determine the fair value of its shares...
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OPPO Unveils F35 Pro 5G With 8,000mAh Battery and 144Hz AMOLED DisplayOPPO has expanded its F-series lineup in India with the launch of the new F35 Pro 5G, a mid-range smartphone designed to combine high-refresh-rate display performance, long battery life and enhanced selfie...
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Amazon Faces Growing Backlash in Texas Over Prime Air Drone Delivery Noise...Amazon is facing mounting pushback from residents in a neighborhood in Richardson, Texas, due to its delivery drones flying over homes throughout the day. The continuous flights have sparked a wave of...
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Amazon Blocks Metas Muse AI Agent from Executing Direct E-Commerce PurchasesUsers of Metas AI agent, Muse, have begun encountering systemic restrictions when attempting to deploy the tool to complete purchases on Amazon. The platform now displays automated messages stating that unauthorized AI...
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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Expanding Mid-Range Presence: Samsung Officially Launches Galaxy A18 in the Egyptian MarketSamsung Electronics Egypt announced the launch of its new smartphone, the Galaxy A18, in the Egyptian market. Marking its second release within the popular Galaxy A series in a single month, this...
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Huawei Cloud and Fixed Solutions Bring Egypt’s Technology and Compliance Leaders Together...As Egyptian organizations work to address evolving data protection requirements and strengthen their compliance practices, Huawei Cloud, Huawei’s cloud services business, in collaboration with Fixed Solutions, the technology arm of Fixed Investment...
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vivo Prepares to Launch the vivo V80 in Egypt, Combining Exceptional Design,...vivo is preparing to launch its new vivo V80 smartphone in the Egyptian market, marking another step in the company’s commitment to delivering innovative technology experiences that combine distinctive design with practical...
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Samsung Speeds Up One UI 9.5 Testing With Beta Release Tipped for...Samsung appears to be accelerating development of One UI 9.5, with a growing number of signs pointing to a possible public beta launch during the first week of November. The company has...
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Egypt Eyes 30 Million-Plus Locally Made Phones a Year by 2030 as...Egypt is seeking to transform its mobile phone market from heavy dependence on imports into a regional manufacturing and export base, targeting annual local production of more than 30 million devices by...
تكنوتايم بالعربي
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الجهاز القومي لتنظيم الاتصالات يصدر تعليمات لشركات الاتصالات بمضاعفة سعة باقة الإنترنت...في ضوء التوصيات الصادرة عن منتدى مصر 2026، التي أعلنها دولة رئيس الوزراء، أصدر الجهاز القومي لتنظيم الاتصالات التعليمات التنفيذية للشركات مقدمى خدمات الإنترنت الثابت بمضاعفة سعة الباقة الأساسية الخاصة باشتراك 150...
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مؤسسة ڤودافون مصر لتنمية المجتمع تطلق مبادرة لتأسيس أول بنك دم في...تزامنًا مع شهر التوعية بسرطان الثدي، أعلنت مؤسسة ڤودافون مصر لتنمية المجتمع عن شراكتها الاستراتيجية مع مؤسسة بهية لتأسيس أول بنك دم داخلي في مستشفى بهية الشيخ زايد، تحت شعار «عشان كل...
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فودافون مصر تترجم رؤيتها للتنمية المستدامة: تحول رقمي، رعاية صحية، وحياد كربوني...شهد العام الجاري محطات محورية لشركة فودافون مصر ومؤسستها لتنمية المجتمع، تُوجت بترسيخ دورها كشريك رقمي استراتيجي للدولة. وتُعد الخطوة الأبرز الانضمام الرسمي للتحالف الوطني للعمل الأهلي التنموي بقرار جمهوري، بما يعزز...
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شاومي تطلق سلسلة REDMI Note 17 Series في مصر ببطارية تصل سعتها...أعلنت شركة شاومي إطلاق سلسلة REDMI Note 17 Series في مصر، التي تجمع بين البطاريات كبيرة السعة وتقنيات الحماية المتقدمة ومزايا التصوير والذكاء الاصطناعي، تحت شعار Built for Years، لتقديم أجهزة مصممة...
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كونتكت المالية القابضة تخطط لضخ استثمارات تصل إلى 1.8 مليار جنيه لدعم...أعلنت مجموعة كونتكت المالية القابضة، العاملة في مجال الخدمات المالية غير المصرفية، اعتماد مجلس إدارتها خطة متكاملة لزيادة استثمارات المجموعة بقيمة تصل إلى 1.8 مليار جنيه، بهدف دعم خطط النمو والتوسع في...