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Majid Al Futtaim and Educate Me Foundation Join Forces to Support Education...Majid Al Futtaim and Educate Me Foundation Partner to Enhance Learning Environments for Around 10,000 Students Across Egypt • The partnership delivers two integrated initiatives, reinforcing Majid Al Futtaim’s role as an...
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Federation of Egyptian Industries Hosts Seminar to Scale Up Standardized LED Bulb...The Electrical Tools and Cables Division, alongside LED bulb manufacturers within the Chamber of Engineering Industries at the Federation of Egyptian Industries (FEI), convened an introductory seminar focused on energy efficiency regulations...
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Minister of Industry Honors EL Zenouki Electrical Appliances as “Touch” Products Receive...Eng. Khaled Hashem, Minister of Industry, honored El Zenouki Electrical Appliances among 10 companies recognized with Quality Mark, Energy Efficiency and Environmental Performance certifications from the Egyptian Organization for Standardization and Quality...
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ECOWAS Launches 2026 Startup Awards in Abuja with $65,000 Prize Pool to...The Economic Community of West African States (ECOWAS) has launched the second edition of the ECOWAS Startup Awards 2026, opening new avenues for regional tech enterprises to compete for a total cash...
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FSG Agrees to Sell 30% Liverpool FC Stake to Jeff Bezos-Backed Consortium...Fenway Sports Group (FSG), the parent ownership group of Liverpool Football Club, has agreed to sell a significant minority stake of approximately 30% in the club to an investment consortium led by...
TechnoTime Emirates
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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...
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UAE and Egypt Agree Five-Year Expansion of Air Transport RightsThe United Arab Emirates and Egypt have agreed to gradually expand bilateral air transport rights over the next five years, opening the door to increased flight capacity and new opportunities for airlines...
Business
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Rees Tech Inks 3 Strategic Partnerships with Global Giants LONGi, AIKO, and...Egyptian solar and renewable energy solutions provider Rees Tech has signed three landmark partnership agreements with leading global and Chinese clean-tech manufacturers on the sidelines of the Solar Storage exhibition and conference....
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Eurogroup President Warns Banking Market Fragmentation Is a ”Strategic Vulnerability” Threatening European...Kyriakos Pierrakakis, President of the Eurogroup, has warned that the continued fragmentation of Europe’s banking sector has evolved from a simple efficiency obstacle into a critical strategic vulnerability that limits Europe’s capacity...
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German Direct Investment in the U.S. Plunges to Three-Year Low in H1...German companies slashed their direct investments in the United States to a three-year low during the first half of 2026, driven by persistent trade policy uncertainty between transatlantic partners under the administration...
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LG Electronics Commences Operations at New Home Appliance Plant in Brazil to...South Korean tech giant LG Electronics has commenced commercial operations at its newly constructed home appliances manufacturing facility in Brazil, aimed at bolstering its production capacity and footprint across South America, according...
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Lovable Raises $400M Series C at $13.3B Valuation as AI Coding Boom...Swedish artificial intelligence startup Lovable has raised $400 million in Series C funding at a $13.3 billion valuation, more than doubling its value in just eight months and underscoring investors’ willingness to...
Technology
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Visa and SF Express Hong Kong Partner to Enable Contactless Card Payments...Global digital payments leader Visa has partnered with SF Express Hong Kong Limited to expand contactless payment acceptance across door-to-door parcel delivery services. The collaboration enables consumers to settle shipping fees directly...
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MCIT, NTA Conclude Round One of ‘AI for Government Organization Leaders’ National...The Ministry of Communications and Information Technology (MCIT), in collaboration with the National Training Academy (NTA), has concluded the first round of the “AI for Government Organization Leaders” national initiative, drawing around...
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Elon Musk’s X Secures Crucial New York Financial Services License for ”X...Elon Musk’s social media platform X has secured a pivotal regulatory approval from the State of New York, clearing the path to integrate in-app financial and payment services. The milestone significantly accelerates...
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Digital Consumer Finance Fintech Skyro Appoints Former Mastercard VP Maria Medvedeva as...Digital consumer finance platform Skyro has appointed former Mastercard executive Maria Medvedeva as its Managing Director for the Middle East. Medvedeva will spearhead the fintech’s regional expansion strategy, anchored by its market...
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Singapore Bets on Advanced AI Access to Counter Hong Kong’s Sweeping Tax...Singapore is banking on its unrestricted access to the most advanced artificial intelligence (AI) models to stem a potential exodus of investment managers to Hong Kong, as the latter aggressively rolls out...
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Alphabet’s Early $900 Million SpaceX Investment Surges 100x to Top $94 Billion...Alphabet Inc., the parent company of Google, has multiplied the value of its early investment in SpaceX by more than 100 times over roughly a decade. Recent regulatory disclosures revealed that Alphabet’s...
Smart cities
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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...
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TMG’s Southmed Project Achieves EGP 93.9 Billion in H1 2026 Sales, Pushing...Talaat Moustafa Group (TMG) Holding has announced that its mega-project Southmed, located on Egypt’s North Coast, recorded contractual sales of EGP 93.9 billion during the first half of 2026. A staggering EGP...
Banks
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Foreign Currency Rates Against the Egyptian Pound (EGP) – Saturday, August 15,...Foreign and Arab currency exchange rates showed stability against the Egyptian Pound (EGP) during trading on Saturday, August 15, 2026. The US Dollar maintained its levels, recording EGP 50.2400 for buying and...
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Housing and Development Bank (HDB) Renews Urgent Warnings on Data Confidentiality and...The Housing and Development Bank (HDB) has renewed its urgent warnings to all customers regarding the absolute necessity of maintaining the confidentiality of their banking and personal data. The bank emphasized the...
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US Dollar Stabilizes Above EGP 50 on Thursday, August 13, 2026, Amid...The US Dollar (USD) maintained relative stability against the Egyptian Pound (EGP) at the start of trading on Thursday, August 13, 2026, holding steady above the 50-pound threshold according to the latest...
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Suez Canal Bank Posts Net Profit of EGP 3.63 Billion in the...Suez Canal Bank (CANA) reported a strong financial performance for the first half of 2026, recording a net profit of EGP 3.63 billion, compared to EGP 3.08 billion in the first half...
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US Dollar Exchange Rates Stabilize Against the Egyptian Pound on Wednesday, August...The US Dollar (USD) maintained relative stability against the Egyptian Pound (EGP) at the start of trading on Wednesday, August 12, 2026, according to the latest updates from state-owned and private banks...
Fin tech
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MSCI Weighs Dropping ”Strategy” (Formerly MicroStrategy) from Global Benchmarks Under Proposed ”Non-Operating...Enterprise software firm Strategy (formerly MicroStrategy) faces the looming threat of being removed from MSCI’s global benchmark equity indices. The potential exclusion follows a newly proposed consultation by MSCI targeting companies that...
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Erada Financial Institutions Launches Innovative Financing Solutions to Empower Egyptian EnterprisesErada Financial Institutions has announced the rollout of a new suite of innovative financing products and solutions tailored to support business owners and corporate enterprises. The initiative is designed to empower companies...
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MNT-Halan IPO Could Reshape Egypt’s Fintech Funding LandscapeEgyptian fintech company MNT-Halan is considering listing only its Egyptian operations on the Egyptian Exchange at a valuation of between $900 million and $1 billion , while keeping its businesses in Turkey,...
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MIDBANK Activates Securities Custody Account ProceduresMIDBANK has announced the activation of procedures for opening bank accounts and updating custody agreement data for securities clients and beneficiaries of its custody services, in line with Financial Regulatory Authority Board...
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Smart Home Technology Expo 2026 to Launch in Cairo with Major Industry...The Smart Home Technology Expo 2026 will open on Thursday, August 20, and run through August 22 at the Egypt International Exhibition Center in New Cairo, bringing together major companies specializing in...
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PhonePe Nears 11 Billion UPI Transactions in India in July as Google...PhonePe, backed by Walmart, strengthened its dominance of India’s digital payments market in July 2026, processing nearly 11 billion transactions through the Unified Payments Interface (UPI) in a single month. Google Pay...
Cars
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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...
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Uber Unveils $10 Billion Plan to Deploy 120,000 Autonomous Vehicles Across 15...In a massive pivot toward the future of mobility, Uber plans to inject over $10 billion in the coming years to rapidly expand its autonomous taxi fleet. The ride-hailing giant aims to...
cyber security
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Arab Security Conference Opens Voting for 2026 Cybersecurity Influencer AwardOrganisers of the 10th Arab Security Conference have opened public voting for the Arab Cybersecurity Social Media Influencer Award 2026, an initiative that recognises Arab content creators and cybersecurity professionals whose work...
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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...
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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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...
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Power Without Limits: vivo Y500 Officially Launches in Egypt with the Largest-Ever...vivo Egypt today officially announced the launch of the all-new vivo Y500, the latest addition to its Y Series lineup that redefines what consumers can expect from an entertainment-focused smartphone. Combining vivos...
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OPPO Unveils Reno16 Series for Egypt, Expands Local Manufacturing and AI AmbitionsOPPO is set to launch its new Reno16 Series in Egypt on August 11, introducing a new generation of AI-powered smartphones while expanding its local manufacturing footprint as part of a broader...
تكنوتايم بالعربي
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«إم إن تي-حالًا» تعيد رسم خريطة التمويل في مصر بالذكاء الاصطناعي.. 500...لم يعد غياب التاريخ الائتماني يعني بالضرورة بقاء العميل خارج دائرة التمويل. فمع توسع استخدام الذكاء الاصطناعي وتحليل البيانات، بدأت المؤسسات المالية في بناء صورة أوسع عن قدرة العملاء على السداد، بما...
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«إي فاينانس» تستحوذ على «تمويلي» بالكامل في صفقة نقدية وتبادل أسهم للتوسع...وافقت مجموعة «إي فاينانس للاستثمارات المالية والرقمية» على الاستحواذ على كامل أسهم شركة «تمويلي للخدمات المالية»، في خطوة تنقل المجموعة إلى مرحلة جديدة من التوسع في الخدمات المالية غير المصرفية وتمويل المشروعات...
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التموين والإنتاج الحربي وجهاز مستقبل مصر يبحثون تعزيز التعاون لدعم المشروعات القومية...في إطار توجه الدولة لتعزيز التكامل بين مؤسساتها وتوظيف القدرات الوطنية، عقد الدكتور المهندس صلاح سليمان جمبلاط، وزير الدولة للإنتاج الحربي، اجتماعًا مع الدكتور شريف فاروق، وزير التموين والتجارة الداخلية، والدكتور بهاء...
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”قرة لمشروعات الطاقة والاستثمار” ترفع رأس مالها بقيمة 405 مليون جنيه وتفوز...القاهرةxxxx أعلنت شركة «قرة لمشروعات الطاقة والاستثمار» عن فوزها بتنفيذ الأعمال المتكاملة لإنشاء المصنع الجديد للشركة اليابانية يازاكي مصر للأنظمة الكهربائية (YAZAKI EDS Egypt)، إحدى شركات مؤسسة يازاكي العالمية المتخصصة في تصنيع...
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بنك قناة السويس يواصل تحقيق نتائج قوية خلال النصف الأول من 2026...حقق بنك قناة السويس صافي أرباح البنك تجاوز 3.6 مليار جنيه مصري بنهاية يونيو 2026 مقارنة بنحو 3.1 مليار جنيه مصري بنهاية يونيو 2025، محققًا نسبة نمو قدرها 17.7%، مدعومًا بزيادة صافي...