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TechnologyNews
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Madinet Masr Posts Stellar 9M 2026 Results: Contracted Sales Reach EGP 45.4B...Madinet Masr, one of Egypt’s leading urban community developers, has delivered a strong operational performance for Q3 and the first nine months of 2026, generating EGP 45.4 billion in new contracted sales....
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Egypts gold market began November with 21-karat gold at EGP 6,160 per...Gold prices across Egypts local market stood at their latest reported levels at the start of trading on Sunday, November 1, 2026, after the precious metal recorded a further decline during the...
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Amazon Secures Up to $80 Billion in Financing as AI Infrastructure Costs...Amazon is preparing to access as much as $80 billion through credit facilities to support its purchases of technology equipment and assets, adding another funding channel as the company accelerates investment in...
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Egyptian Parliament to Review Key Egypt Post–UPU International AgreementNext Monday, the House of Representatives Communications and Information Technology Committee, led by MP Ahmed Badawi, will examine Presidential Decree No. 251 of 2026. The decree endorses Annex (1) of the joint...
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Gold Prices Stabilize in Egypt Today Amid Sharp Global Decline and Inflation...Gold prices in the Egyptian domestic market stabilized today, Saturday, October 31, 2026, coinciding with a pause in the sharp downward trend that hit global markets. This local stability follows a 3%...
TechnoTime Emirates
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Botim Launches UAE’s First Fintech-Issued Jaywan Prepaid CardUAE-based fintech platform Botim has launched the Botim One Jaywan Prepaid Card , becoming the first fintech company in the UAE to issue a prepaid card under the country’s national Jaywan payment...
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Emirates NBD Announces Participation as Premier Banking Partner at Dubai Fintech Summit...Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, Türkiye) and South Asia region, has announced its participation as the Premier Banking Partner and Ecosystem Partner for the...
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Maqam Holding and Lulu Group Plan Major Retail Development in Abu Dhabi’s...Lulu Group has announced plans to develop a new 210,000-square-foot hypermarket in Abu Dhabi’s Al Shahama area, creating a large-scale retail destination for residents of the growing community and surrounding areas. Partnership...
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Visa: 72% of UAE Shoppers Used AI During Their Latest Shopping JourneyVisa has revealed a significant acceleration in the adoption of artificial intelligence across the UAEs retail landscape, with 72% of surveyed consumers saying they used AI during their most recent shopping journey....
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Dubai Chambers Launches World’s First AI Agent Marketplace Developed by a Chamber...Dubai Chambers has launched Chamber AI Hub , described as the world’s first agentic AI marketplace developed by a chamber of commerce, giving private-sector companies in Dubai access to ready-to-use AI agents...
Business
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Misr Life Insurance and Al Ahly Enter Four-Year Deal to Expand Insurance...Misr Life Insurance and Al Ahly Sporting Club have entered into a four-year strategic partnership aimed at broadening insurance coverage for the club’s community while creating new opportunities for cooperation across digital,...
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Qatar’s Al Mana Holding Eyes Broader Investment Footprint and New Projects in...Qatar’s Al Mana Holding is exploring opportunities to expand its investment footprint in Egypt, including the development of new production projects across sectors aligned with the group’s interests. The expansion plans were...
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ADD Developments Secures $265M Syndicated Financing to Develop Grand Hyatt Hotel Near...ADD Developments, the real estate arm of Samcrete Investment Holding, signed a $265 million syndicated financing agreement with a consortium of prominent international, regional, and local financial institutions. This strategic move aims...
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Green Real Estate in Egypt: Are Sustainable, Energy-Efficient Buildings Worth the Higher...Egypts real estate sector is gradually embracing green building practices as developers and policymakers place greater emphasis on energy efficiency, water conservation and environmental sustainability. Beyond their environmental benefits, sustainable buildings offer...
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”Egypt Entrepreneurship Center” Supports Startups with ”EEIC Bites” to Enhance Financial SkillsReaffirming its role in empowering the growth ecosystem for promising companies, the Egypt Entrepreneurship and Innovation Center (EEIC)—an affiliate of the National Institute for Governance and Sustainable Development (NIGSD)—has announced the launch...
Technology
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Dr. Adel Youssef: ”SBS” Continues Expansion in Healthcare Solutions and ERP Across...Dr. Adel Youssef, CEO of – Superior Business Solutions, a company specializing in IT solutions and digital transformation, announced the continuation of the companys expansion plans in enterprise management and healthcare solutions....
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Noventiq Enhances Investments in Egypt and Highlights Advanced Cyber and Cloud Solutions...Noventiq announced its participation for the third consecutive year in the 30th edition of the Cairo International Technology Exhibition and Conference for the Middle East and Africa (Cairo ICT 2026). This step...
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Port Said University President Receives NTRA Officials to Discuss Student and Child...In an effort to enhance joint cooperation and promote digital literacy, Dr. Sherif Youssef Saleh, President of Port Said University, received a high-level delegation from the National Telecommunications Regulatory Authority (NTRA). The...
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Egypt Deploys Electronic Tracking to Strengthen Fuel Distribution Oversight in Port SaidEgypt is set to introduce a new digital monitoring mechanism for petroleum product distribution in Port Said as authorities step up efforts to strengthen fuel governance and improve oversight through technology. The...
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OpenAI Lowers Funding Target to $20 Billion as Investor Appetite CoolsOpenAI has scaled back its fundraising ambitions, cutting the target for its latest investment round by $10 billion to around $20 billion, while also reducing its targeted valuation from $1.4 trillion to...
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Backed by Nvidia’s Vote of Confidence: Baseten Aims for $2B Funding to...The AI technology market is witnessing rapid investment shifts as US-based infrastructure startup Baseten enters advanced talks for a massive funding round of up to $2 billion. The round is expected to...
Smart cities
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Huawei Leads Global Digital Transformation with Launch of ”AI City 2026” Report...Global Summit Shaping the Future of Smart Cities in Shanghai Chinese telecommunications giant Huawei, in collaboration with Chinas State Information Center, released a high-level research report on the development of AI City...
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Samih Sawiris: Egypt’s Property Market Needs a Correction — and Not Every...Egypt’s real estate market is approaching a period of correction that could force financially weaker developers out while leaving experienced, well-capitalized companies in a stronger position, according to businessman Samih Sawiris. Sawiris...
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Building Future and Smart Cities: Meinhardt Showcases Latest Engineering Solutions and Digital...Meinhardt Group, one of the worlds leading engineering, urban planning, and smart city infrastructure consulting firms, is preparing to participate in the Cairo ICT 2026 exhibition and conference, the premier technology and...
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AI Leaders Examine Worst-Case Scenarios as Cyberattack Fears GrowArtificial intelligence companies are considering how the industry might respond to a major AI-related crisis, as concerns grow over the potential misuse of advanced systems and the consequences of a large-scale cybersecurity...
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Abu Dhabi Real Estate Centre and Hub71 Partner to Propel PropTech Innovation...The Abu Dhabi Real Estate Centre (ADREC), the regulatory body affiliated with the Department of Municipalities and Transport (DMT), has signed a Memorandum of Understanding (MoU) with Hub71, Abu Dhabi’s global tech...
Banks
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Egyptian Banks Report Narrow Differences in Dollar Exchange Rates on SundayExchange rates for the US dollar showed limited variation against the Egyptian pound across Egypts banking sector on Sunday, November 1, 2026, as most listed banks maintained broadly similar buying and selling...
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Flexible Financing Options: FABMISR Launches Exclusive Offer to Acquire the Electric Lexus...As part of its ongoing efforts to provide innovative financing options and meet customer aspirations, First Abu Dhabi Bank Egypt (FABMISR) has announced new credit facilities allowing clients to own the luxury...
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Egypt Keeps $5.3 Billion Saudi Deposit as Maturity Is Extended for One...Saudi Arabia Extends Key Deposit Arrangement Saudi Arabia has agreed to extend a $5.3 billion deposit held with the Central Bank of Egypt (CBE) for another year, allowing the funds to remain...
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US Dollar Exchange Rates Stabilize Against Egyptian Pound Across Banks Today, Saturday,...Banking Transactions Paused Amid Weekend Holiday US dollar exchange rates against the Egyptian pound exhibited noticeable stability during trading today, Saturday, October 31, 2026. This stability coincides with the weekly holiday for...
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Strategic Partnerships and Youth Awareness Campaigns: ”Federation of Egyptian Banks” Unveils Plan...Expanded Cooperation to Broaden Beneficiary Base Mohamed Tharwat, Chairman of the Financial Inclusion Committee at the Federation of Egyptian Banks (FEB) and Head of Retail Banking and Financial Inclusion at Banque Du...
Fin tech
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OPay’s $304 Million NYSE Debut Puts African Fintech Under Global Investor SpotlightNigerian fintech OPay has entered the U.S. public markets after raising $304 million in its initial public offering, giving the company a new platform for international visibility and expansion. The company offered...
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Rahet Bali Scales Financial Literacy Reach to 74 Million People in the...Egyptian financial empowerment platform Rahet Bali is expanding its regional footprint, with Founder and CEO Nadia Gamal El Din revealing that the platform now has more than 22 million active users across...
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LemFi Rebuilds Its Digital Platform as Cross-Border Financial Needs ExpandFrom Remittance App to Financial Ecosystem LemFi is repositioning its business around the broader financial needs of people living, working and building businesses across borders. The company has unveiled a new global...
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ICT Misr Partners With Egypt’s Mortgage Finance Federation to Build a More...A Digital Infrastructure Push for Mortgage Finance ICT Misr and the Egyptian Mortgage Finance Federation are joining forces to expand the use of digital technologies across Egypt’s mortgage finance market. Under a...
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Heba El-Awady: Simplifying Procedures and Financial Flexibility Are Key to Accelerating Financial...Heba El-Awady, Chief Business Officer at Fawry, participated in the 8th edition of the Africa Fintech Forum held in Cairo. Speaking during the Fintech and Financial Inclusion session, she emphasized that easing...
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Al Baraka Bank Egypt Executive Calls for Closer Banking and Non-Banking Integration...Waseem El-Metwally, Head of Strategic Planning at Al Baraka Bank Egypt, highlighted the strength of Egypt’s financial regulatory system, saying the country has supervisory institutions capable of supporting innovation as fintech companies...
Cars
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Egypt Launches Local Production of First Electric Vehicle ”MAGE EV” with 45%...In a strategic step toward localizing sustainable transportation and deepening domestic manufacturing, Eng. Khaled Hashem, Minister of Industry, and Dr. Mahmoud Esmat, Minister of Electricity and Renewable Energy, witnessed the production launch...
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Egypt Car Registration and Traffic License Guide 2026: Required Documents, Fees and...Egypt has introduced administrative and digital measures to simplify vehicle registration and driving license procedures, reduce processing times and ease the financial burden on motorists. On September 30, 2026, the Ministry of...
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Used Car Inspection Before Buying: Essential Self-Check Steps and Technical Report Requirements...Inspecting a used car before purchasing it is an essential step in avoiding unexpected repair expenses and costly mistakes. Some mechanical faults, previous accident damage and electrical problems may not be apparent...
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EIM Officially Launches All-New 2027 Renault Boreal in Egypt Across 3 Trim...In line with reinforcing the presence of European automobiles in the Egyptian market and expanding its model lineup, Egyptian International Motors (EIM), the exclusive distributor for French brand Renault, announced the official...
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Arabiat Egypt Prepares to Launch the Facelifted KGM Torres in Egypt by...The Egyptian market is anticipating the official launch of the enhanced facelift version of the KGM Torres SUV, scheduled for reveal on October 31st by its exclusive dealer, Arabiat Egypt. This step...
cyber security
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Binance Pledges Full Reimbursing After $6.3B Breach, Prepares to Reopen WithdrawalsCrypto exchange giant Binance has committed to fully covering all user losses following a massive $6.3 billion cyberattack. The platform announced it has already repurchased 90% of the stolen digital assets using...
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Binance Hack Sends Crypto Industry Into Emergency Response as Billions in Assets...A suspected cyberattack on Binance has triggered one of the cryptocurrency industry’s largest-ever security responses, after billions of dollars in digital assets were transferred from wallets associated with the exchange. Binance and...
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CREST Marketplace Paves the Way for Trusted Cybersecurity Services in AfricaCREST , the global non-profit organization dedicated to establishing standards in cybersecurity, has launched its new platform, CREST Marketplace. This initiative aims to assist government entities, regulatory bodies, and enterprises across Africa...
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iExperts Completes First SOC 2 Audit Report for OPay to Enhance Cybersecurity...In a progressive move reflecting the depth of their strategic partnership, iExperts announced the completion of the first SOC 2 audit report for OPay , a leading provider of electronic payment and...
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EBE E-Payments Renews PCI DSS v4.0.1 Compliance Standard in Partnership with Zerosploit...EBE E-Payments (paygate) has announced the successful renewal of its Payment Card Industry Data Security Standard (PCI DSS v4.0.1) compliance for the fifth consecutive time, in collaboration with Zerosploit MEA, a leader...
Markets
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T Developments Launches T19 Business Complex in Egypt’s New CapitalT Developments, the new brand of Tetra Real Estate Group, has launched T19 Business Complex, its first commercial and administrative project in the Financial District of Egypt’s New Administrative Capital, with planned...
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Amazon in Talks to Acquire AI Startup ”Decart” for Around $7 BillionAmazon is in advanced talks to acquire the artificial intelligence startup Decart in a deal that could be valued at approximately $7 billion, according to a report by the Wall Street Journal...
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Emaar Misr Appoints BDO as Independent Advisor to Finalize 100% Acquisition of...Evaluative Step to Calculate the Swap Ratio Emaar Misr for Development has decided to appoint BDO Keys Financial Advisors as an independent financial advisor to determine the fair value of its shares...
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OPPO Unveils F35 Pro 5G With 8,000mAh Battery and 144Hz AMOLED DisplayOPPO has expanded its F-series lineup in India with the launch of the new F35 Pro 5G, a mid-range smartphone designed to combine high-refresh-rate display performance, long battery life and enhanced selfie...
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Amazon Faces Growing Backlash in Texas Over Prime Air Drone Delivery Noise...Amazon is facing mounting pushback from residents in a neighborhood in Richardson, Texas, due to its delivery drones flying over homes throughout the day. The continuous flights have sparked a wave of...
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Amazon Blocks Metas Muse AI Agent from Executing Direct E-Commerce PurchasesUsers of Metas AI agent, Muse, have begun encountering systemic restrictions when attempting to deploy the tool to complete purchases on Amazon. The platform now displays automated messages stating that unauthorized AI...
Ai
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Facebook ranks worst for online harassmentA new global survey has found Facebook to be the leading platform for online abuse targeting land and environmental defenders, with over 90 percent of respondents reporting some form of digital harassment....
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Madrid puts a stop to screens in classroomsThe Community of Madrid has decided to set limits on screen use in the earliest stages of education. The new decree, which will come into effect in the 2025/26 academic year, introduces...
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More than 600,000 accounts linked to predatory behavior-cnbc- on Wednesday introduced new safety features for teen users, including enhanced direct messaging protections to prevent exploitative content. Teens will now see more information about who they re chatting with, like...
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Dubai launches world’s first icon classification for Human–Machine Collaboration for AI transparencyDubai launches world s first icon classification for Human Machine Collaboration for AI transparency Dubai has launched the world s first Human-Machine Collaboration Icons - a system that makes visible the invisible,...
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YouTube wipes out thousands of propaganda channels linked to China, Russia, othersGoogle announced Monday the removal of nearly 11,000 YouTube channels and other accounts tied to state-linked propaganda campaigns from China, Russia and more in the second quarter. The takedown included more than...
Mobiles
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Huawei Unveils HUAWEI nova 16s 5G in Egypt Featuring 200MP Camera and...Huawei has officially launched its all-new HUAWEI nova 16s 5G lineup in Egypt. Tailored for young tech enthusiasts and content creators, the series brings high-end features—highlighted by a stunning 200MP camera, an...
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Samsung Could Take Foldables Beyond Smartphones With Rumored 17-Inch TabletSamsung’s next experiment in foldable technology could be much larger than a Galaxy Z Fold, as new leaks point to a 17-inch tablet designed to transform into a more compact device when...
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Huawei nova 16s Series Hits Egypt With 200MP Camera, AI Editing and...The HUAWEI nova 16s and nova 16s Pro are now available through Huawei’s official channels and authorized retailers, with prices starting at EGP 34,999 for a configuration offering 24GB of RAM and...
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OPPO Find X10 Series Set to Debut in Egypt with Next- Generation...OPPO, a leading global smart device brand, has officially announced that its latest flagship smartphones, Find X10 Series, will debut in Egypt on November 5, redefining mobile photography through flagship imaging technology...
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OPPO Prepares to Launch Find X10 Series in Egypt on November 5,...Unprecedented Photography Innovation in Partnership with Hasselblad OPPO, a leading global smart device brand, is gearing up to officially launch its new flagship Find X10 Series in the Egyptian market on November...
تكنوتايم بالعربي
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الجهاز القومي لتنظيم الاتصالات يضبط أكثر من 3000 هاتف محمول وآلاف الأجهزة...في إطار جهود الجهاز القومي لتنظيم الاتصالات لإحكام الرقابة على سوق أجهزة الاتصالات في مصر، والتصدي لمخالفات تداول الأجهزة غير المطابقة للمواصفات الفنية المعتمدة، وحماية حقوق المستخدمين وضمان سلامتهم، نفّذ الجهاز بالتعاون...
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مؤسسة ڤودافون مصر لتنمية المجتمع تطلق مبادرة لتأسيس أول بنك دم في...تزامنًا مع شهر التوعية بسرطان الثدي، أعلنت مؤسسة ڤودافون مصر لتنمية المجتمع عن شراكتها الاستراتيجية مع مؤسسة بهية لتأسيس أول بنك دم داخلي في مستشفى بهية الشيخ زايد، تحت شعار «عشان كل...
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فودافون مصر تترجم رؤيتها للتنمية المستدامة: تحول رقمي، رعاية صحية، وحياد كربوني...شهد العام الجاري محطات محورية لشركة فودافون مصر ومؤسستها لتنمية المجتمع، تُوجت بترسيخ دورها كشريك رقمي استراتيجي للدولة. وتُعد الخطوة الأبرز الانضمام الرسمي للتحالف الوطني للعمل الأهلي التنموي بقرار جمهوري، بما يعزز...
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شاومي تطلق سلسلة REDMI Note 17 Series في مصر ببطارية تصل سعتها...أعلنت شركة شاومي إطلاق سلسلة REDMI Note 17 Series في مصر، التي تجمع بين البطاريات كبيرة السعة وتقنيات الحماية المتقدمة ومزايا التصوير والذكاء الاصطناعي، تحت شعار Built for Years، لتقديم أجهزة مصممة...
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كونتكت المالية القابضة تخطط لضخ استثمارات تصل إلى 1.8 مليار جنيه لدعم...أعلنت مجموعة كونتكت المالية القابضة، العاملة في مجال الخدمات المالية غير المصرفية، اعتماد مجلس إدارتها خطة متكاملة لزيادة استثمارات المجموعة بقيمة تصل إلى 1.8 مليار جنيه، بهدف دعم خطط النمو والتوسع في...