News
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Egypt and the International Telecommunication Union chair a ministerial round table on...Eng. Rafat Hindi, Minister of Communications and Information Technology, with the participation of Mrs. Doreen Bogdan Martin, Secretary General of the International Telecommunication Union, chaired a ministerial round table on work priorities...
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Textile Industries Chamber Explores Expanding Solar Power Plants in Factories in Cooperation...hamdy Abdelrashid The Board of Directors of the Textile Industries Chamber at the Federation of Egyptian Industries (FEI), chaired by Mohamed El-Kateb, discussed mechanisms for expanding the establishment of solar power plants...
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Egypt’s Annual Inflation Rate Drops to 12.2% in June 2026, Driven by...Egypt’s annual headline inflation rate fell to 12.2% in June 2026, down from 13.0% in May 2026. Meanwhile, the monthly inflation rate recorded a decline of 0.9% compared to the previous month,...
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Egyptian Tourism Authority Plans 7 Promotional Roadshows to Distant Markets This YearThe Egyptian Tourism Authority (ETA) aims to organize and launch seven new promotional roadshows targeting distant markets during the current year. This initiative is part of the authoritys strategic plan to boost...
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Egypts Unified Procurement Authority Discusses Localizing Radiopharmaceutical Industry with Polands SynektikDr. Hisham Steit, Head of the Egyptian Authority for Unified Procurement, Medical Supply, and the Management of Medical Technology (UPA), met with officials from the Polish company Synektik, a leading nuclear medicine...
TechnoTime Emirates
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Mastercard and VEON Partner to Expand AI-Powered Digital Financial Services Across Four...Mastercard and global digital operator VEON have announced a strategic collaboration to accelerate access to inclusive and intelligent digital financial services across Ukraine, Kazakhstan, Pakistan, and Uzbekistan. The partnership brings together VEON’s...
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Dubai Off-Plan Office Sales Hit Record AED 13.1 Billion in First Half...Off-plan office sales in Dubai surged to a record AED 13.1 billion during the first half of 2026, exceeding the total value recorded over the previous seven years combined, according to Al...
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Emirates NBD Expands Digital Margin Trading With Credit Limits Up to AED...Emirates NBD has significantly enhanced its margin trading facilities, allowing eligible clients to apply digitally for credit limits of up to AED 10 million to increase their purchasing power when trading equities....
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Dubai SME and Hyatt Partner to Expand Hospitality Opportunities for Small BusinessesThe Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development, part of Dubai’s Department of Economy and Tourism, has signed a memorandum of understanding with Hyatt Hotels in Dubai to expand...
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Kerno Enterprises Opens UAE’s First Enterprise IT Hardware Factory in Dubai Silicon...Kerno Enterprises has officially opened its headquarters and first manufacturing facility in Dubai Silicon Oasis, marking the launch of what the company described as the UAE’s first plant dedicated to enterprise information...
Business
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10th of Ramadan Investors Launch ”Buy from 10th Factories First” Initiative to...hamdy Abdelrashid Eng.Ingie faltas, Head of the Industry Committee at the 10th of Ramadan Investors Association, emphasized the importance of integration among the citys factories. She stressed the need to rely on...
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DMCC Announces Strategic MoU Between Dubai Diamond Exchange and London Diamond BourseThe Dubai Multi Commodities Centre (DMCC)—the leading international business district and a prominent contributor to driving global trade flows through Dubai—has announced the signing of a Memorandum of Understanding (MoU) between the...
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Nelly Kids Fashion 2026 Fully Booked Weeks Ahead of Its 86th Edition...hamdy Abdelrashid All exhibition spaces for the upcoming Nelly Kids Fashion 2026 exhibition have been completely sold out weeks before the event kicks off. This overwhelming response highlights massive demand from companies...
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Meta Faces Unprecedented $1.4 Trillion Fine Threat in US Lawsuit Over Child...Meta Platforms (META) is confronting the risk of a staggering financial penalty that could reach up to $1.4 trillion. This marks one of the largest legal battles in tech history, fueled by...
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Cloudflare and AWS Adopt x402 Protocol to Revolutionize Digital Monetization for the...Cloud infrastructure giants Cloudflare and Amazon Web Services (AWS) are spearheading a radical transformation in online revenue models by adopting the x402 protocol. This innovative framework enables direct charging for digital content...
Technology
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Egypt’s Fixed Broadband Subscriptions Increase by 8.4% Annually, Reaching 12.96 Million in...The number of fixed broadband internet subscriptions in Egypt rose to 12.96 million by the end of April 2026, up from 11.96 million in April 2025, marking an annual growth rate of...
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Meta Upgrades Smart Glasses to Disable Camera If Recording Light Is Covered...Meta Platforms is seeking to reshape the negative perception surrounding its AI-powered smart glasses following escalating concerns over their potential use as surveillance tools and threats to user privacy. The tech giant...
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Apple Signs Massive $30 Billion Deal with Broadcom to Manufacture 15 Billion...Apple has announced a multi-year agreement valued at over $30 billion with Broadcom to design and manufacture more than 15 billion custom wireless communication chips within the United States. The move aims...
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OpenAI Launches Next-Generation GPT-Live-1 Voice Models for Seamless Real-Time AI ConversationsOpenAI has announced the launch of a new generation of conversational voice models named GPT-Live-1 and GPT-Live-1 mini. This strategic move aims to elevate the voice interaction experience with artificial intelligence, enabling...
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Snapchat Launches New Private Content-Sharing Experience for Teens Aged 13-15 to Enhance...Snapchat is launching a new content-sharing experience for users aged 13 to 15 by providing a dedicated profile that allows them to create, save, and view Stories and Spotlight videos exclusively for...
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UAE PropTech Startup Keyper Secures $11 Million Series A Funding to Revolutionize...Keyper, a United Arab Emirates-based property technology (PropTech) company, has announced the successful closure of an $11 million Series A funding round. The round was led by Speedinvest, with participation from NeoVentures...
Smart cities
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Hassan Allam Holdings Ongoing Projects Reach $10.5 Billion, with 50% Executed Outside...Hassan Allam, Chairman and CEO of Hassan Allam Holding, revealed that the total volume of the groups ongoing projects stands at approximately $10.5 billion. He noted that nearly 50% of these projects...
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Apache and Toledo Announce Strategic Partnership to Develop Integrated Real Estate and...In a move reflecting a new trend toward developing more integrated real estate and tourism projects, Apache for Investment and Urban Development has announced the signing of a strategic partnership with Toledo...
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Expo City Dubai and Emirates NBD Forge Strategic Partnership to Offer Tailored...Expo City Dubai has announced the signing of a strategic partnership agreement with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Turkey) region, to provide customized...
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Madinet Masr Board Approves Purchase of Up to 2% of Treasury SharesMadinet Masr announced that its Board of Directors approved, on June 28, 2026, the execution of a treasury share buyback program, targeting the purchase of up to 2% of the companys total...
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One of One Taps DEX Squared to Secure Global Hotel Brand for...One of One Developments has signed a strategic partnership with hospitality consultancy DEX Squared to select an international hotel brand for its Bridges mixed-use development in Sheikh Zayed City. Under the agreement,...
Banks
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Remittances from Egyptians Abroad Surge 31.2% to $43.1 Billion in July-May FY...The Central Bank of Egypt (CBE) announced that remittances from Egyptians working abroad sustained their upward trajectory during the fiscal year (FY) 2025/2026. Remittances surged by 31.2% during the period from July...
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Foreign and Arab Currency Exchange Rates Stabilize Against the Egyptian Pound on...Foreign and Arab currency exchange rates against the Egyptian Pound (EGP) witnessed stability during trading on Thursday, July 9, 2026, according to the latest exchange rate updates. The US Dollar recorded approximately...
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QNB Announces H1 2026 Financial Results: Consolidated Net Profit Jumps to EGP...hamdy Abdelrashid QNB announced its standalone and consolidated financial results for the financial period ending in June 2026, recording exceptional performance and robust growth across all its key indicators. These results reflect...
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Central Bank of Egypt Announces Rise in Net International Reserves to $55.07...The Central Bank of Egypt (CBE) announced that the countrys net international reserves surged to $55.0723 billion by the end of June 2026. According to the CBEs official statement, net international reserves...
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Banque Misr and MSMEDA Sign EGP 500 Million ”Tamkeen 3” Microfinance AgreementBanque Misr and the Micro, Small and Medium Enterprises Development Agency (MSMEDA) have officially signed the contract for the Tamkeen 3 microfinance project. Through this initiative, MSMEDA is providing EGP 500 million...
Fin tech
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Sharjah Central Finance Department Executes 62 Million Digital Transactions via NEOPAY PartnershipThe Central Finance Department in the Emirate of Sharjah has confirmed that its strategic partnership with NEOPAY, the digital payments arm of Mashreq Bank, has established an advanced ecosystem for digital government...
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Azentio Launches AI-Powered E-Invoicing Solution in the UAE Ahead of 2027 Mandatory...Singapore-based Azentio Software, a leading provider of technology solutions for the banking, financial services, insurance, and Enterprise Resource Planning (ERP) sectors, has announced the launch of its integrated e-invoicing solution in the...
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du Pay and GCash Launch Smart Remittance Campaign for Filipino Expats in...du Pay, the advanced digital financial services arm of du, has partnered with GCash, the Philippines leading digital wallet by Globe Telecom, to launch a new campaign aimed at delivering a smarter...
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Talabat Releases H1 2026 “Giving” Report, Facilitating Over 56 Million Meals Across...Talabat, the leading everyday deliveries app in the Middle East and North Africa (MENA) region, has released its “Giving” initiative report for the first half of 2026. The report highlights the initiatives...
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Amazon Launches ”Amazon Now” in Egypt, Promising 20-Minute Delivery Powered by AIAmazon has officially rolled out its Amazon Now service on its Egyptian platform. This strategic move aims to provide an ultra-fast delivery experience for everyday products, including groceries, basic commodities, household essentials,...
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Amazon Aims to Raise $25 Billion in Bond Offering to Fuel AI...Amazon plans to raise at least $25 billion through a US dollar-denominated bond offering. This strategic move reflects the companys escalating capital expenditures on artificial intelligence (AI) projects and the expansion of...
Cars
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Linda Ashraf Appointed as Marketing Manager for BAIC and ARCFOX in Egypthamdy Abdelrashid Alkan Auto, the exclusive distributor for the BAIC and ARCFOX automotive brands in the Egyptian market, has announced the appointment of Linda Ashraf as the new Marketing Manager for both...
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General Motors Egypt Begins Final Testing for Locally Assembled Chevrolet Groove Ahead...General Motors Egypt has commenced final testing for the locally assembled version of the Chevrolet Groove. These assessments are being conducted to verify the vehicles readiness and performance under various local driving...
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The Future of Mobility: Feasibility, Global Expansion, and Challenges of Self-Driving TaxisFor over a decade, major tech companies have promoted self-driving taxis as a safer and more efficient means of transporting people within cities. Since 2018, these vehicles have been operating on a...
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5 Brand New Electric Cars in Egypt Priced Under EGP 1 Million:...hamdy Abdelrashid The Egyptian automotive market is witnessing a notable expansion in the electric vehicle (EV) segment, with the introduction of several new models priced below EGP 1 million. This shift reflects...
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SN Automotive to Launch Egypt’s First Fully Locally Assembled Electric Car in...SN Automotive is stepping up preparations to launch what it describes as the first fully locally assembled electric vehicle in Egypt and the Middle East during the third quarter of 2026. The...
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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Alibaba Bans ”Claude Code” AI Tool Internally Over Security Concerns Amid Distillation...Alibaba has decided to ban the use of the intelligent programming tool Claude Code within its work environments following mounting security concerns regarding potential vulnerabilities or built-in backdoors in the software. According...
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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...
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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Pre-order Now All-new HUAWEI nova 15 Max Delivers Extreme Endurance and ToughnessThe HUAWEI nova 15 Max is set to redefine smartphone endurance with its massive battery and durable design. Designed for users who demand reliable all-day performance without compromise, the latest addition to...
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Nokia, SAP and Microsoft Enter Strategic Multi-Year Agreement to Advance Cloud- and...SAP SE (NYSE: SAP) today announced that Nokia, a global leader in connectivity for the AI era, has signed a new multi-year agreement with SAP to help accelerate its enterprise transformation using...
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Samsung Launches Galaxy A27 5G with AI-Powered Features, 120Hz AMOLED Display and...Samsung Electronics Egypt has unveiled the Galaxy A27 5G, the latest addition to its Galaxy A series, introducing a larger immersive display, enhanced artificial intelligence capabilities, improved performance, and long-term software support...
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Soon in Egypt… The All-new HUAWEI nova 15 Max Delivers Extreme Endurance...The HUAWEI nova 15 Max is set to redefine smartphone endurance with its massive battery and durable design. Designed for users who demand reliable all-day performance without compromise, the latest addition...
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Huawei Cloud Launches Model-as-a-Service (MaaS) in Egypt to Facilitate Enterprise AI AdoptionSupporting Egypt’s national agenda for AI adoption and digital transformation, Huawei Cloud announced the launch of its Model-as-a-Service (MaaS) offering in Egypt. The service enables enterprises to access, customize, and use Large...
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...



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