News
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Orange Egypt Digitizes Corporate SIM Onboarding in a First for the Local...Managing hundreds or even thousands of employee mobile lines can be one of the less visible headaches for large businesses. Orange Egypt is now taking a major part of that process online,...
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ICT Minister Attends ECPC 2026 Closing Ceremony in AlexandriaMinister of Communications and Information Technology Raafat Hendy, Governor of Alexandria Ayman Ateyya, and President of the Arab Academy for Science, Technology and Maritime Transport (AASTMT) Ismail Abdel Ghafar have attended the...
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Food Industry Exports Reach $4.47 Billion in 7 Months, Up 10.7%hamdy Abdelrashid The Food Industry Export Council announced that the sector’s exports totaled approximately $4.47 billion from January through July 2026, compared to approximately $4.04 billion during the same period in 2025,...
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US SEC Probes AI Hedge Fund Situational Awareness Following Multi-Billion-Dollar Tech Sell-OffThe U.S. Securities and Exchange Commission (SEC) has initiated an investigation into AI-focused hedge fund Situational Awareness, following severe drawdowns during a broad tech correction that wiped out billions of dollars in...
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Elon Musk’s Estimated $817.2 Billion Net Worth Highlights Massive Wealth Gap Against...New analytical estimates evaluating Elon Musk’s wealth at approximately $817.2 billion illustrate the staggering magnitude of ultra-high-net-worth fortunes, revealing that the entrepreneur could theoretically spend $27 billion annually for 30 years before...
TechnoTime Emirates
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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...
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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...
Business
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NASI Reassures Tenth of Ramadan Investors: No Factory Closures as Digital Insurance...The Tenth of Ramadan Investors Association, led by Chairman Dr. Samir Aref, hosted an extensive session with Major General Gamal Awad, Chairman of the National Authority for Social Insurance (NASI), to address...
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Consumers Use Multiple Budgeting Tactics to Manage Higher PricesAs higher prices put pressure on household budgets, consumers are increasingly combining spending cuts with shopping strategies, bill negotiations, payment adjustments and additional income to keep essential expenses on track, according to...
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*بى تك تحتفل بتخرج الدفعة الرابعة من طلاب مدرسة بى تك للتكنولوجيا...احتفلت شركة بى تك، الرائدة في مجال بيع الأجهزة الإلكترونية والكهربائية وخدمات التمويل الاستهلاكي في مصر، بتخريج الدفعة الرابعة من طلاب مدرسة بى تك للتكنولوجيا التطبيقية، أول مدرسة من نوعها في مصر...
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New SANDISK® NAS 600 SATA and SANDISK® NAS 800 NVMe™ SSDs deliver...Sandisk today announced the SANDISK® NAS portfolio of high-endurance SSDs purpose-built for modern network-attached storage (NAS) environments. As prosumers and small businesses generate more data and increasingly rely on collaborative, always-on workflows,...
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Food Export Council Identifies $97 Million in Untapped Export Potential for Egyptian...The Food Export Council (FEC) has highlighted massive growth opportunities for Egypts sweet biscuit sector, identifying approximately $97 million in untapped export potential. This forms part of a broader total export capacity...
Technology
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Swvl Secures $13 Million Private Placement Led by Sawiris-Backed Co-efficient to Fuel...Swvl, a leading provider of technology-driven mobility solutions for businesses and governments, has entered into a definitive agreement for a $13 million private placement. The funding round is led by Co-efficient, a...
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Parkin Signs Strategic MoU with Bahrain’s Amakin to Expand Digital Mobility and...Dubai-based public parking operator Parkin has signed a Memorandum of Understanding (MoU) with Bahrain Car Parks Company (Amakin) to explore regional business development opportunities, digital mobility services, and smart parking technologies. The...
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Pakistan Transitions from Crypto Prohibition to Regulation, Eyes Tech Export Hub, Regulator...Pakistan is shifting away from its long-standing ban on digital assets toward establishing a comprehensive regulatory framework for cryptocurrencies. In an exclusive interview with CNN Business Arabic, Bilal Bin Saqib, Head of...
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Alexandria Chamber of Commerce Successfully Concludes First ”AI Agents” Program for the...hamdy Abdelrashid In a significant step toward accelerating digital transformation within the maritime and logistics industries, the Training and Practical Training Committee of the International Transport and Logistics Services Division at the...
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Unitree Shares Slump 45% After 5x Post-IPO Surge on Shanghai Bourse, Sparking...Shares of Unitree Robotics, China’s leading manufacturer of quadrupedal and humanoid robots, have tumbled approximately 45% from their peak following an initial fivefold price surge upon listing on the Shanghai Stock Exchange....
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ICT, Justice Ministers Witness MoU Signing to Automate Cairo Court of Appeal,...The Ministry of Justice hosted, today, August 23, the signing of a cooperation protocol between the Ministry of Communications and Information Technology (MCIT) and the Cairo Court of Appeal (CAC), in line...
Smart cities
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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...
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Bonyan’s Real Estate Portfolio Reaches EGP 16.5 Billion as H1 Operating Cash...Bonyan for Development and Trade increased the value of its real estate investment portfolio to EGP 16.51 billion by the end of June 2026, while stronger rental collections and asset sales helped...
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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...
Banks
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Egypt’s Mobile Wallet Transactions Surge to EGP 2.2 Trillion in H2 2025,...Mobile wallet transactions in Egypt have recorded remarkable growth, with the total volume reaching approximately 1.7 billion transactions during the period from July 1, 2025, to December 30, 2025. The total value...
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Egyptian Pound Firms Against US Dollar to EGP 50.80 at Central Bank...The Egyptian pound recorded modest gains against the US dollar during Tuesday trading, with official rates settling at EGP 50.76 for buy and EGP 50.80 for sell, according to the latest official...
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National Bank of Egypt Retail Portfolio Surpasses EGP 500 Billion in Historic...hamdy Abdelrashid The National Bank of Egypt (NBE) has achieved a major milestone in its consumer banking operations, with its retail portfolio crossing the half-trillion-pound mark to reach EGP 500 billion during...
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SoftBank Shares Drop 3.8% on Record 1 Trillion Yen Retail Bond Plan...Shares of SoftBank Group Corp. slid approximately 3.8% during Monday trading on the Tokyo Stock Exchange after the Japanese investment conglomerate announced plans to issue 1 trillion yen ($6.29 billion) in retail...
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US Dollar Holds Steady Against Egyptian Pound in Early Monday Trading Amid...The U.S. Dollar (USD) maintained a steady posture against the Egyptian Pound (EGP) at the opening of trading on Monday, August 24, 2026, showing little variation across state-owned and major private commercial...
Fin tech
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Bill Ackman’s Pershing Square Injects $3.3 Billion into Visa, Mastercard, and Samp;P...Bill Ackman’s hedge fund firm, Pershing Square Capital Management, has deployed approximately $3.3 billion across three cornerstone global financial infrastructure giants—Visa, Mastercard, and S P Global—marking one of the firms most aggressive...
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Identity Automation Moves Up Payments Modernization AgendaIdentity verification, KYC automation and reconciliation are emerging as major priorities in corporate payments modernization, with 65% of firms planning to adopt or expand identity and KYC capabilities within the next 12...
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EBANX CEO: AI Could Bring Payments’ Next Competitor From Outside the IndustryEBANX co-founder and CEO João Del Valle says artificial intelligence could reshape the payments industry so profoundly that its next major competitor may emerge from outside the sector. As AI makes technology...
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Banks Turn Real-Time Payments Into Customer-Focused ProductsBanks are moving beyond simply connecting to real-time payment networks as financial institutions focus on building customer products around instant payments, according to Jim Colassano, senior vice president of product development and...
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Revolut Secures Full French Banking License, Unveils Plans for Paris HQ and...Global financial technology firm Revolut is significantly deepening its footprint in France after securing a full French banking license. The strategic move enables the digital challenger bank to introduce localized financial services,...
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UAE Car Buyers Prioritize Monthly Installments Early in Search Process, Dubizzle Cars...Data released by Dubizzle Cars highlights a significant shift in consumer behavior within the UAE automotive market, with buyers increasingly factoring in monthly installment values and financing options at the earliest stages...
Cars
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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...
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Automakers Pivot to New Engine Oil Blends Amid Middle East Supply Crisis...Major global automakers, including Volkswagen, Stellantis, and Toyota, are increasingly turning to new blends of engine oils and lubricants to mitigate a severe supply shortage triggered by the ongoing conflict in the...
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Haval Jolion 2027 Starts at EGP 985,000 in Egypt After Latest Price...The locally assembled 2027 Haval Jolion Facelift is now priced from EGP 985,000 in Egypt after GB Auto introduced a EGP 35,000 increase across all three variants in August, putting the compact...
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SN Automotive to Launch Locally Assembled Dongfeng Mage EV in Egypt This...SN Automotive is preparing to launch the locally assembled Dongfeng Mage EV in Egypt in September, marking a significant step in the country’s push to build a domestic electric-vehicle manufacturing base. The...
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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realme C100i Available Across All Channels on August 28 Following the Sell-Out...realme, the world’s fastest-growing smartphone brand in Egypt, has *announced* the successful market debut of the new realme C100i, the 7000mAh Smooth Champion, with 2,000 units selling out on noon in just...
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Xiaomi Unveils In-House Xring O3 Chipset on TSMC 3nm Node to Power...Chinese smartphone giant Xiaomi unveiled on Monday a new iteration of its custom, in-house mobile processor, the Xring O3. The strategic release reinforces the companys bet that greater vertical control over silicon...
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OPPO Opens Its Largest MEA Service Center in Egypt as It Expands...OPPO has opened a new Experience Center in Faisal, Giza, housing what the smartphone maker says is its largest service center in the Middle East and Africa, as the company steps up...
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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...
تكنوتايم بالعربي
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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...
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من الاكتشاف إلى التملك، أربعة شركات رائدة تتعاون لتقديم مفهوم جديد لـ»...شراكة بين كل من وبلتون للتمويل العقاري، بروبرتي فايندر، كولد ويل بانكرمصر، والأهلي صبور للمرة الأولى في مصر لتقديم مفهوم متكامل لـ Open House، تجمع بين اكتشاف العقارات، واختيار الوحدة المناسبة، والتعرف...
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بنك أبوظبي التجاري يمنح تمويلاً لمجموعة التنمية الصناعية IDG للمساهمة في إقامة...وقّع بنك أبوظبي التجاري - مصر عقد تمويل لصالح مجموعة التنمية الصناعية IDG ، وذلك لمنح تسهيل ائتماني بقيمة 618 مليون جنيه مخصص لتمويل المجمع الصناعي الذي تنشئه الشركة في منطقة أكتوبر...
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«القومي للاتصالات»: أورنج تحسن جودة المكالمات وتحافظ على استقرار خدمات البيانات في...سجلت شبكة «أورنج مصر» تحسنًا في عدد من مؤشرات جودة خدمات المحمول خلال الربع الثاني من عام 2026، بحسب أحدث تقرير صادر عن الجهاز القومي لتنظيم الاتصالات، مع تراجع ملحوظ في عدد...



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