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Egyptian Gold Prices Drop Amid Weekend Halt; Global Ounce Registers Weekly Loss...Domestic gold prices in Egypt edged lower during midday trading on Saturday, coinciding with the global weekend market closure. The decline reflects a broader international retraction, with the global spot price marking...
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Foundever Reinforces Egypt Expansion Plans Following Strategic Meeting with MCIT and ITIDAFoundever, the global customer experience and digital solutions company, has reaffirmed its long-term commitment to expanding operations in Egypt following a high-level strategic meeting with Egypt’s Ministry of Communications and Information Technology...
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The Postal Authority takes all measures to facilitate the disbursement of financial...Dalia Al-Baz, Chairman of the Board of Directors of the National Postal Authority, confirmed that the Authority has taken all the necessary preparations and measures to ensure the regularity of the disbursement...
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Egypt’s ICT Minister Discusses Expansion Plans with Foundever as Company Targets New...Egypt’s Minister of Communications and Information Technology, Eng. Raafat Hindi, met with Benedita Miranda, Chief Operating Officer for Europe, Middle East and Africa at Foundever, alongside senior executives from the global customer...
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Gold Prices Stabilize in Egypt After Recent Decline as 21-Karat Hits EGP...Gold prices in Egypt stabilized at the beginning of Saturday’s trading session following the latest decline recorded earlier this week, with 21-karat gold — the country’s most traded category — maintaining levels...
TechnoTime Emirates
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DEWA Adopts “Collaborative Agent” System to Accelerate Operations and Boost ProductivityDubai Electricity and Water Authority (DEWA) has announced the adoption of a new “Collaborative Agent” system as part of its broader strategy to accelerate operational processes, enhance productivity, and deepen the integration...
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UAE Sovereign Wealth Funds Drive Global Expansion as State Funds Manage $2.9...State-owned sovereign wealth funds are now managing assets estimated at nearly $2.9 trillion, highlighting the growing global influence of sovereign capital - particularly from the Gulf region and the UAE - across...
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Ajman Real Estate Strengthens Investment Appeal Through Integrated Ecosystem and Rising Market...The real estate market in Ajman is continuing to strengthen its position as one of the UAE’s most promising investment destinations, supported by a combination of competitive pricing, stable rental yields, accelerating...
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Dubai Tops List of Top 25 Meeting Destinations Across the Middle East...Dubai has secured the top position among the 25 best meeting destinations in the Middle East and Africa, reinforcing its growing status as one of the world’s leading hubs for international conferences,...
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UAE Gold Sector Expands to 6,213 Companies and 53 Refineries Amid Strong...The UAE’s gold industry continues to strengthen its global standing, with the country now home to 6,213 companies operating across the gold and precious metals sector, in addition to 53 gold refineries,...
Business
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Schneider Electric, ElsewedyUniversity of. Technology (SUTech) and AVEVA Sign a Partnership...Schneider Electric, ElsewedyUniversity of. Technology (SUTech) and AVEVA Sign a Partnership to Advance Egypt’s Green Transition and Future Industrial Talent
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Egypt’s Chemical amp; Fertilizers Export Council Concludes EU-Backed Program; Prepares European Trade...The Chemical Fertilizers Export Council (CEC) has officially announced the successful completion of its participation in the Euromed Cluster Forward Program. Supported by the European Union and implemented by Berytech, the initiative...
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Power Wadi Launches Local Production of 5,000 Solar Inverters as Egypt Accelerates...Power Wadi has announced the launch of an ambitious local manufacturing plan targeting the production of 5,000 solar inverter units in Egypt, as the country intensifies efforts to localize renewable energy technologies...
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Trojan Holding and Orascom Construction Form Joint Venture ”Everwater” to Execute Regional...Orascom Construction PLC and Trojan Holding have signed a definitive joint venture agreement to incorporate Everwater Treatment Systems, an Abu Dhabi-based infrastructure vehicle designed to capture high-yield water-treatment assets across the Middle...
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Egyptian Investors Federation: Partnership Between Private Sector and Universities Is Key to...The Egyptian Federation of Investors Associations, chaired by Moharram Helal, praised the government’s strategy — represented by the Ministries of Industry and Higher Education and Scientific Research — aimed at strengthening cooperation...
Technology
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Uber Bids for 100% Control of Delivery Hero; Deal Architecture Targets $15B...Technology conglomerate Uber Technologies Inc. (NYSE: UBER) has advanced its minority positioning into a formal full takeover bid for Germany’s Delivery Hero SE (DHER.DE), seeking to consolidate the global quick-commerce industry through...
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Anthropic Nears Historic $30B Funding Round at $900B Valuation, Overtaking OpenAI in...Anthropic, the American artificial intelligence safety and research corporation, is on the verge of finalizing one of the largest capital raises in startup history. The blockbuster primary funding round is projected to...
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Malaysia to Ban Under-16s from Social Media in Major Digital Safety OverhaulMalaysia is set to significantly tighten its oversight of the digital ecosystem by implementing a new directive that bars minors under the age of 16 from utilizing social media platforms. Scheduled to...
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FRA Grants Medmark TPA Provisional License Under New Unified Insurance LawThe Financial Regulatory Authority (FRA), presided over by Dr. Islam Azzam, has officially approved granting a provisional Third-Party Administrator (TPA) license to Medmark TPA to manage healthcare programs. The regulatory approval was...
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Manus AI Founders Seek $1B to Buy Out Meta Acquisition Following Chinese...The co-founders of Singapore-headquartered artificial intelligence startup Manus are actively structuring a massive capital raise of approximately $1 billion from new institutional investors. The strategic financing round is designed to execute a...
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NanoCo Secures $12M Seed Funding for AI Security Tool ”NanoClaw” After Rejecting...NanoCo, the cybersecurity firm behind the AI security application NanoClaw, has successfully raised $12 million in an oversubscribed seed funding round. The capital injection follows a rapid post-launch expansion marked by significant...
Smart cities
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Mimary Group, NOTION Developments, and ABC Hotels Form Consortium to Launch ”M-Residence”...Mimary Group, NOTION Developments, and ABC Hotels have officially finalized a tripartite strategic alliance to co-develop “M-Residence” (Mohandessin Residence). The upcoming premium hospitality and branded residences development is situated directly on Jamaat...
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MOT Investment Eyes Sale of Commercial Mall Within Happy Land Towers Project...MOT Investment is preparing to market and sell the commercial mall component of the Happy Land Towers project in Mansoura as part of its broader strategy to optimize investment returns from mixed-use...
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Hassan Allam Properties Unveils HAPTOWN Commercial Destination, Bringing a New Pulsing Heart...Hassan Allam Properties (HAP), one of Egypt’s leading developers of integrated mixed-use destinations, has announced the launch of its first mixed-use development inclusive of a commercial, retail, and healthcare hub as Mostakbal...
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JUZUR Commences Construction Work on Neo Commercial Project in New CairoJUZUR, one of Egypt’s and the region’s leading real estate developers, has announced the commencement of construction work on its modern commercial project “Neo” in the heart of New Cairo. The project...
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Amer Group Holding Q1 2026 Net Profit Surges 500% to EGP 90.16...The consolidated financial statements of Amer Group Holding (Amer Group) for the first quarter of 2026 revealed strong profit growth, driven by higher revenues and improved gross and operating profit margins. The...
Banks
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CIB CEO: Banking Restrictions on Outbound Transfers Misunderstood, Driven by Risk ManagementHisham Ezz Al-Arab, CEO of the Commercial International Bank (CIB) Egypt, has addressed misconceptions regarding banks restricting outbound money transfers, describing them as inaccurate. In an interview with CNN Business, Ezz Al-Arab...
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CIB CEO Hisham Ezz Al-Arab Rules Out Taking Over Egypt’s Central Bank...Hisham Ezz Al-Arab, CEO of the Commercial International Bank (CIB) Egypt, has stated that he is not a suitable candidate for the position of Governor of the Central Bank of Egypt. In...
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Dollar Stabilizes Against Egyptian Pound in Saturday Trading Across Egyptian BanksThe US dollar maintained relative stability against the Egyptian pound during Saturday trading across Egyptian banks, following recent fluctuations witnessed earlier this week amid regional geopolitical tensions and global market uncertainty. According...
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Central Bank of Egypt Expects Economic Growth Slowdown Amid Regional TensionsThe Central Bank of Egypt expects Egypt’s real GDP growth to slow in the coming period due to the ongoing regional conflict and geopolitical tensions, despite the economy maintaining positive growth momentum...
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QNB Egypt Spearheads the Development of Electronic Toll Collection Platform for Heavy-Duty...QNB Egypt, a subsidiary of QNB Group, a leading financial institution in the Middle East and Africa, announced the launch of an electronic toll collection platform powered by digital payment solutions on...
Fin tech
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Souhoola Partners with Penti to Launch Zero-Cost Instalment Promotion via Mobile InfrastructureSouhoola, a leading consumer finance and financial technology platform, has officially announced a new strategic promotional campaign in partnership with the international retail and apparel brand Penti. The joint initiative introduces a...
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MoneyGram Partners with Tempo Blockchain, Anchors Tri-Party Stablecoin Settlement Grid with StripeMoneyGram International Inc., a global leader in cross-border money transfers and digital payment services, has finalized a strategic partnership with Tempo, a first-generation blockchain network architected for high-volume, real-world utility payments. The...
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FRA Approves Establishment of Beltone Real Estate Investment SubsidiaryThe Financial Regulatory Authority (FRA), presided over by Dr. Islam Azzam, has officially approved the establishment of Beltone Real Estate Investment. The regulatory greenlight was issued under the FRA’s legal mandate to...
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Souhoola Partners with Etam to Launch Zero-Cost Instalment Promotion via Digital ApplicationSouhoola, a leading consumer finance and financial technology platform, has officially launched a strategic promotional campaign in partnership with the international fashion brand Etam. The joint initiative introduces a comprehensive financing structure...
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Upgrade Eyes Wider Expansion in Egypt’s Refurbished Devices Market with Prices Up...Eng. Ayman Fathy Hussein, Chairman of Sky Investments Holding, announced that Upgrade, a subsidiary of Sky Distribution specializing in retail and distribution, is accelerating its expansion plans in Egypt’s refurbished electronics market...
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Valu Appoints Jordanian Footballer Ouda Al-Fakhoury as Brand Ambassador for Egypt and...Valu, a leading financial technology platform in the Middle East and North Africa (MENA) region, has officially announced the appointment of Ouda Al-Fakhoury, the Jordanian national team player and Pyramids FC forward,...
Cars
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Egypt Customs Auctions Generate EGP 31.7 Million from Vehicles and Goods Across...Egypt’s customs authorities generated EGP 31.7 million in proceeds from a public auction involving vehicles and assorted imported goods confiscated or unclaimed across several major customs ports, reflecting continued activity in the...
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FutureTECH by Raya and XPENG Conclude Egypt’s First EV-Focused Accelerator ProgramFutureTECH by Raya, the innovation arm of Raya Holding, has successfully concluded its inaugural accelerator program dedicated to the Electric Vehicle (EV) and smart mobility sector. In partnership with Raya Auto (the...
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School Mobility Unicorn Zūm Hits $1.7B Valuation Following $100M Strategic InvestmentZūm, the AI-driven leader in modern student transportation, has secured $100 million in a new strategic funding round, catapulting its valuation to $1.7 billion. This latest injection brings the company s total...
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Tesla Deploys Fully Autonomous Robotaxis in Dallas and Houston Ahead of Q1...Tesla Inc. has officially launched its fully autonomous robotaxi service in Dallas and Houston, marking its first major expansion outside of Austin and the San Francisco Bay Area. This strategic move comes...
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China Tightens Grip on Autonomous Driving Tests Following Baidu ”Apollo Go” Incident...Chinese regulatory authorities have issued new directives mandating comprehensive safety reviews for all smart and connected vehicle testing across the country. The move comes in response to a widely publicized technical glitch...
cyber security
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Kaspersky Warns of Rising Tech-Enabled Abuse Through Stalking and Doxing AttacksKaspersky has warned of the growing risks of technology-enabled abuse, revealing that digital stalking and doxing incidents are becoming increasingly widespread as cybercriminals and abusers exploit advanced surveillance tools and online platforms...
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Kaspersky shares 5-step safety action plan on what to do when you...As the major sport and music events kick off and holiday travel peaks, the rate of lost and stolen phones spike. But when your device vanishes – in a crowded stadium, a...
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Kaspersky discovers vulnerability in Qualcomm Snapdragon chips that can lead to data...Kaspersky ICS CERT discovered a hardware-level vulnerability affecting Qualcomm chipsets that are widely used in a range of consumer and industrial devices, including smartphones and tablets, car components, IoT devices and more....
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Online scam exposure remains widespread in Egypt despite high levels of self-assurance,...Kaspersky recent survey highlights considerable gap between consumers confidence in identifying online scams and their actual exposure to cyber threats. According to the findings, 28% of respondents in Egypt reported encountering an...
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Kaspersky warns of digital medicine risks on the occasion of World Health...On World Health Day, Kaspersky warns of risks tied to the digitization of healthcare and use of telemedicine. Recent incidents show that medical services can be breached, and as a result, medical...
Markets
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Archist Design Studio is handling the design of the D.mile Zayed project.Archist Design Studio has announced its involvement in designing the architectural and interior designs for the D.mile Zayed project in Sheikh Zayed City, developed by District 4 Developments with investments reaching EGP...
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New cities authorities are carrying out large-scale campaigns to remove encroachments and...In line with the directives of Engineer Randa El-Menshawy, Minister of Housing, Utilities, and Urban Communities, to continue decisively addressing all forms of encroachment and building violations, and to preserve the civilized...
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Dr. Ahmed Saqr: Generation Z accounts for approximately 55% of transactions on...Dr. Ahmed Saqr, CEO of the “Farida Real Estate Technology” platform, confirmed that Generation Z has become the most influential demographic on the platform since its launch, accounting for nearly 55% of...
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Convoy Real Estate Development continues to strengthen its position in the Egyptian...Convoy Real Estate Development continues to solidify its position in the Egyptian real estate market by offering a comprehensive real estate experience that combines prime locations, diverse projects, and high-quality construction, along...
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Sky Innovo Developments launches Park St. Signature… Office units with an integrated...Sky Innovo Developments, the developer of Citystars Park St., has announced the launch of Park St. Signature, the first phase of the project. This phase is a fully integrated business complex designed...
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Amin Siraj: The real estate market needs a unified entity that ensures...Eng. Amin Serag, Managing Director of Hyde Park Real Estate Development, affirmed that the proposal to establish a unified entity for real estate developers represents a significant step towards reorganizing the Egyptian...
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 Reinvents the “Powerful Partner” Experience with the new realme P4 Seriesrealme Reinvents the “Powerful Partner” Experience with the new realme P4 Series Cairo, Egypt ,19th May 2026 – realme, the world’s fastest-growing smartphone brand in Egypt, announced the latest evolution of...
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Samsung highlights Galaxy S26 Ultra and Galaxy Buds4 Pro as ideal companions...Samsung highlights Galaxy S26 Ultra and Galaxy Buds4 Pro as ideal companions for Eid Al-Adha celebrations CAIRO – May 18, 2026 – Samsung Electronics showcased how its latest devices, the Samsung Galaxy...
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Huawei Reasserts Global Dominance with ”All-Scenario Intelligence” Launch in BangkokIn a high-impact global event themed Now Is Your Spark, Huawei officially unveiled its latest suite of flagship and ecosystem products, signaling a strategic push toward All-Scenario Intelligence. The launch featured the...
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realme rolls out “Real Champion” activations across Egyptian universities to inspire student...realme announced the successful launch of its “Real Champion” activation across two of Egypt’s leading universities: Cairo University from April 22 to 23, and Ain Shams University from April 27 to 28....
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HONOR Announces Pre-Orders for HONOR 600 Series, Redefining Flagship-Level Performance in Its...With a 200MP AI Night Camera, Snapdragon flagship performance, AI Image to Video 2.0, and all-day battery life, HONOR elevates the premium mid-range experience HONOR, a global AI device ecosystem company,...
تكنوتايم بالعربي
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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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مصر تطلق النسخة الخامسة من جائزة مصر للتميز الحكومي بـ 15 فئة...أعلنت جائزة مصر للتميز الحكومي عن إطلاق دورتها الخامسة لعام 2026في إطار مواصلة دعم جهود الدولة المصرية لترسيخ مبادئ التميز المؤسسي، ورفع كفاءة المؤسسات العامة، وتطوير الخدمات الحكومية، وتسليط الضوء على الكوادر...