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Fin techNews
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Egypt’s Natural Diamond Imports Rebound by 145.5% in 2024, Despite a Four-Year...A recent report by the Gold Observatory has revealed that Egypt’s imports of natural diamonds dropped by 56.8% between 2021 and 2024. However, the local market experienced its first significant recovery last...
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Strategic partnership between (Money Fellows) and (Sympl) to provide flexible payment solutions...Money Vellows, Africas leading financial technology digital platform, has announced the launch of a strategic partnership with Simple, a buy now and pay later (BNPL) platform in Egypt, allowing eligible users to...
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Felix Feng: Cloud Computing and AI Will Drive the Next Phase of...Amid the rapid growth of Egypt’s fintech sector and the increasing adoption of digital technologies to enhance financial services and advance financial inclusion, Mr. Felix Feng, President of Huawei Cloud Northern Africa,...
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Within the framework of Egypt hosting the third edition of the African...The Ministry of Communications and Information Technology announced that the third edition of the African Youth Presidency Competition in Artificial Intelligence and Robotics (AYAIR 2026), hosted by Egypt under the auspices of...
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President El-Sisi Congratulates the Egyptian National Team on Historic First-Ever World Cup...Following the unprecedented achievement of the Egyptian national football team, H.E. President Abdel Fattah El-Sisi issued an official statement congratulating the players, the technical staff, and the Egyptian people on securing the...
TechnoTime Emirates
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Dubai Finance Brings Together Government and Academic Leaders to Explore the Future...Dubai’s Department of Finance organized the Innovation and Future Foresight Forum in Financial Management, bringing together a distinguished group of government officials, academic experts, and specialists to discuss emerging trends and innovative...
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How the Iran War Reshaped Gulf Energy Strategies and Turned Crisis Into...The 111-day conflict involving Iran has fundamentally altered the strategic calculations of oil and gas producers across the Gulf, providing a stress test that exposed vulnerabilities while accelerating efforts to strengthen energy...
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DP World Studies New Logistics and Distribution Projects in Egypt to Boost...DP World is exploring opportunities to establish new logistics and distribution projects in Egypt as part of its strategy to strengthen supply chains, support industrial growth, and enhance the country’s role as...
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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...
Business
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Jameel Financing Egypt Launches ”A Jameel Summer” Campaign Featuring Zero Fees and...Jameel Financing Egypt, a leading provider of innovative financial solutions, has officially launched its massive summer promotional campaign under the slogan, Not an ordinary summer... It’s a Jameel Summer. The campaign is...
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Experts at Start 2026 Say Skills, Adaptability, and Hands-On Training Are Key...Developing practical skills, embracing lifelong learning, and building the ability to adapt to rapid technological change will be critical for young people seeking to thrive in the labor market of 2030, according...
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Thndr Tops Egypt’s Brokerage Firms with EGP 14.05 Billion in Trading Value...Digital investment platform Thndr emerged as Egypt’s leading brokerage firm in terms of trading value during the past week, recording transactions worth EGP 14.05 billion, according to the latest market rankings. The...
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Chemical Export Council Targets Africa, China, and Europe to Drive Trade and...hamdy Abdelrashid The Export Council for Chemical Industries and Fertilizers has unveiled a comprehensive expansion strategy designed to enhance market access across Africa, China, and Europe from 2026 to 2028. The roadmap...
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PM Madbouly Witnesses Launch of Egypts Foreign Trade Information Portal Packed with...The Egyptian government has officially launched the Foreign Trade Information Portal, the country’s largest integrated national platform for foreign trade intelligence, featuring over 60 million data records sourced from local and international...
Technology
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US Accelerates Digital Transformation: AI Integrated into Social Welfare Programs to Boost...transformation sweeping through public institutions, the United States is rapidly expanding the use of Artificial Intelligence (AI) to manage and streamline social welfare programs. This strategic shift is primarily aimed at accelerating...
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Indonesia Unveils 2026–2029 National AI Roadmap: Targeting a $366 Billion GDP Boost...
In a landmark move to accelerate digital transformation, the Indonesian government has outlined a comprehensive roadmap to integrate Artificial Intelligence (AI) across key ministries, agencies, and local administrations between 2026 and 2029....
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SpaceX Announces Senior Unsecured Bond Offering, Reveals a Massive $100.8 Billion in...SpaceX has officially announced the launch of a senior unsecured bond offering, a strategic financial move that closely follows its recent public market debut. In a simultaneous financial disclosure, the aerospace titan...
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UWANT Accelerates UAE Expansion in Strategic Partnership with Alesayi Group, Paving the...UWANT, a global pioneer in advanced home care solutions, is rapidly accelerating its growth trajectory in the United Arab Emirates. Since its official market debut in February 2026, the brand has witnessed...
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Orange Egypt CEO Hesham Mahran Inspires Youth at ”Start 2026” Summit: ”Passion...Addressing thousands of young Egyptians at the Start 2026 Summit organized by the Ministry of Social Solidarity, Hesham Mahran, CEO and Managing Director of Orange Egypt, delivered a powerful message on leadership,...
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Flash Sale Alert: Souhoola and B-TECH Announce a Massive 70% Discount with...hamdy Abdelrashid Tech shoppers and deal hunters are in for an unprecedented treat! Souhoola, Egypt’s leading consumer finance app, has teamed up with B-TECH to launch an exclusive, time-sensitive flash sale. For...
Smart cities
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Under the Auspices of Egypts Prime Minister: MIDAR and Majid Al Futtaim...In a landmark move for the Egyptian real estate sector, H.E. Dr. Mostafa Madbouly, Egypt’s Prime Minister, witnessed the signing of a massive strategic partnership between MIDAR for Investment and Urban Development...
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Madinet Masr Launches ”chüm COMMUNITIES” to Revolutionize Integrated Property and Community ManagementIn a major step toward vertical expansion, Madinet Masr has officially launched its newest subsidiary, chüm COMMUNITIES. This specialized platform is designed to provide integrated management solutions for both residential and commercial...
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Stake Launches StakePredict as Middle East’s First Sharia-Compliant Real Estate Prediction Market...Stake, the leading digital real estate investment platform in the MENA region, has officially unveiled StakePredict—the Middle East’s first-of-its-kind real estate prediction market. This innovative tool empowers investors to forecast future trends...
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Housing Minister Randa Al-Minshawi Reviews Draft Law Establishing the Egyptian Federation of...Eng. Randa Al-Minshawi, Minister of Housing, Utilities, and Urban Communities, convened a high-level meeting to review the latest developments regarding the draft law establishing the Egyptian Federation of Real Estate Developers. The...
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Al Ahly Sabbour’s Dina Attallah Named Among Forbes’ Most Powerful Marketing Leaders...Dina Attallah, Marketing Director at Al Ahly Sabbour Development, has been featured in Forbes’ prestigious list of the Most Powerful Marketing Leaders in the Middle East for the year 2026. Attallah has...
Banks
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Central Bank of Egypt: Total Equity and Liabilities Reach EGP 6.82 Trillion...The Central Bank of Egypt (CBE) announced its latest financial position indicators today, reporting that its total equity and liabilities recorded approximately EGP 6.82 trillion by the end of May 2026. This...
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EG Bank signs strategic partnership agreement with Autoclub platform to deliver integrated...EG Bank - Egyptian Gulf Bank announced the signing of a strategic partnership with the Autoclub platform AutoClub, which specializes in the trade and marketing of cars and digital services, with the...
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Central Bank of Egypt Issues New Credit Facility Regulations to Drive Real...The Central Bank of Egypt (CBE) has issued updated directives to the national banking sector regarding the provision of credit facilities. This strategic move aims to tighten regulatory oversight on the utilization...
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Global Finance Magazine Names Commercial International Bank (CIB) ”Best Sub-Custodian Bank in...hamdy Abdelrashid Global Finance magazine has officially named Commercial International Bank (CIB) – Egypt as the Best Sub-Custodian Bank in Egypt for 2026. The announcement comes as part of the magazines 24th...
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Egyptian Banking Sector Upgrades to ISO 20022 to Accelerate Cross-Border Payments and...In a major move to bolster operational efficiency and financial security, the Central Bank of Egypt (CBE) announced that the local banking sector has fully migrated to the ISO 20022 global standard...
Fin tech
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Connect Money and Visa Forge Strategic Partnership to Revolutionize Digital Payments and...Connect Money has officially announced the signing of a landmark strategic agreement with Visa, the world leader in digital payments. This collaboration is designed to significantly expand advanced payment solutions and Visa-backed...
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Contact Financial Holding Applies for SME Financing License to Champion Economic Growth...In a major strategic move to broaden its comprehensive suite of financial solutions, Contact Financial Holding has officially applied to the Financial Regulatory Authority (FRA) to obtain a license for Small and...
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Pay Your Contact Installments Instantly with Damen!hamdy Abdelrashid Why wait? You can now pay your Contact installments quickly and securely through the nearest Damen POS machine. Enjoy a hassle-free payment experience right in your neighborhood. #Secure_Your_Payments with Damen!...
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Dream 2000 Unveils Exclusive HONOR MAGIC 8 PRO Premium Bundle with Free...hamdy Abdelrashid Tech enthusiasts and smartphone lovers are in for a treat as Dream 2000 announces the exclusive launch of the ultimate HONOR MAGIC 8 PRO promotional bundle. Designed for users who...
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Upgrade Your Home Entertainment: Shop Samsung TVs on Amazon.eg with 12-Month Interest-Free...
Whether you are gearing up for the big match, upgrading your movie nights, or looking for the ultimate gaming setup, Amazon.eg has the perfect Samsung TV for you. For a limited time,...
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Shop Now at Premoda with Souhoola: 0% Interest, 0% Down Payment, and...Don’t miss out on Souhoola’s exclusive deals! Upgrade your wardrobe and enjoy a seamless shopping experience at Premoda with an unbeatable financing offer. For a limited time, shoppers can buy their favorite...
Cars
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Egypt Targets $100 Billion in Exports While Positioning Itself as a Regional...Egypt is pursuing an ambitious strategy to transform itself into a regional center for automotive manufacturing and boost exports to $100 billion by 2030, supported by unprecedented incentives for investors and a...
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Egypt to Launch Sovereign Industrial Fund and Position Itself as a Regional...Egypt is preparing to launch a sovereign fund dedicated to supporting the industrial sector and attracting international manufacturers, as the government intensifies efforts to transform the country into a regional automotive production...
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GB Corp CHRO George Sedky Announces EGP 5 Billion Automotive Plant in...George Sedky, Chief Human Resources Officer (CHRO) at GB Corp, announced that the company is preparing to inaugurate a new automotive manufacturing plant in Sadat City. Backed by an investment of EGP...
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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...
cyber security
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Kaspersky Study Finds Nearly Half of Tech-Enabled Abuse Victims Know Their PerpetratorsNearly one in two victims of technology-facilitated abuse have been targeted by someone within their own social circle, according to the second installment of a new global report released by Kaspersky, highlighting...
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Kaspersky Study: Parents Who Share More Online Are Less Motivated to Practice...Parents who frequently share photos, videos, and personal information about their children on social media are less likely to be motivated to adopt digital safety measures, according to a new study conducted...
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Huawei Watch Face Program Partners with Ajman University to Develop Emerging Digital...Huawei Watch Face (MEA) has partnered with Ajman University to launch a designer cultivation and recruitment initiative aimed at developing emerging digital talent and expanding opportunities for creators within Huaweis smartwatch ecosystem...
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JATDEV Targets Expansion with Huawei Cloud Across Financial and Government Sectors Within...Company Plans Regional Expansion into Gulf and Arab Markets by 2028 JATDEV is planning to deepen its strategic partnership with Huawei Cloud over the next two years as part of an...
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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...
Markets
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El Araby Group Named Among Forbes Middle East’s Strongest Arab Family Businesses...Egypt’s El Araby Group has secured a place on Forbes Middle East’s list of the Top 100 Arab Family Businesses for 2026, reaffirming its position as one of the region’s most influential...
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Amazon Egypt Announces Prime Day Return from June 24-30, Backed by HarrisX...Amazon Egypt today officially announced the return of its annual Prime Day shopping event, scheduled to run from June 24 to June 30, 2026. The week-long campaign kicks off the summer season...
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Yahya Abu El-Fotouh appointed CEO and Managing Director of the Housing and...The Housing and Development Bank announced that Hassan Ghanem has submitted his resignation from his position as CEO and Managing Director, effective June 30, 2026. The bank explained that its Board of...
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A strategic partnership agreement was signed between Dal Developments and Mahara, led...DAL Developments, a real estate development company, announced a strategic partnership with Mahara, a company specializing in the development and management of sports and entertainment facilities, led by former world squash champion...
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Sami Qalini: Survival belongs to those who are most truthful in delivery...Engineer Sami Qaliny, an expert in real estate development, emphasized that in the real estate market, promises alone are no longer sufficient. With increased competition and a proliferation of projects, clients have...
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BLOC project by Bin Salem Developments: An investment model that combines strategic...Bin Salem Developments’ BLOC project continues to attract investor interest in the New Administrative Capital, thanks to a combination of advantages including a strategic location, significant construction progress, flexible payment plans, and...
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 Celebrates Brand Ambassador Emam Ashour’s Viral World Cup Goalrealme, the world’s fastest-growing smartphone brand in Egypt, is celebrating a historic moment as its Brand Ambassador, Emam Ashour, scored Egypt’s first goal in the FIFA World Cup 2026, a moment that...
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vivo Unveils All-New Pro Video Mode on Flagship vivo X300 Ultra to...hamdy Abdelrashid vivo has officially rolled out its next-generation Pro Video Mode featured natively on the newly debuted vivo X300 Ultra. Engineered to bridge the gap between smartphones and dedicated cinema cameras,...
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Huawei Cloud and Thndr Sign MoU to Accelerate Fintech Innovation in Egypt...Reinforcing its commitment to shaping the next generation of digital investment platforms, Huawei Cloud has signed a Memorandum of Understanding (MoU) with Thndr, one of Egypt’s leading digital investment platforms, on the...
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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....
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...