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TechnoTime EmiratesNews
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Qodwa-Tech Launches Digital Micro-Learning Track to Develop Women Entrepreneurs Digital SkillsThe Qodwa-Tech initiative for women’s empowerment has introduced a new digital micro-learning track, drawing around 300 women entrepreneurs and small business owners. The track features six specialized sessions, each focusing on a...
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Qodwa-Tech Launches Digital Micro-Learning Track to Develop Women Entrepreneurs Digital SkillsThe Qodwa-Tech initiative for women’s empowerment has introduced a new digital micro-learning track, drawing around 300 women entrepreneurs and small business owners. The track features six specialized sessions, each focusing on a...
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Edita H1 Net Profit Jumps 59% to EGP 1.61bn as Sales Top...Edita Food Industries delivered a sharp rise in first-half earnings in 2026, with consolidated net profit after tax climbing 59% year-on-year to EGP 1.61 billion, as strong consumer demand and higher sales...
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World Bank’s IFC Invests $25 Million in Jumia to Expand Africa’s Digital...The International Finance Corporation, the private-sector arm of the World Bank Group, is investing $25 million in equity in Jumia Technologies AG to support the expansion of digital commerce infrastructure across Africa...
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Contact Financial Holding Maintains Growth Momentum in H1 2026 as Digital Lending...Contact Financial Holding continued to build momentum during the first half of 2026, with stronger lending volumes, rising insurance revenues and accelerating digital adoption helping offset pressure from higher provisions and financial...
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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The Qodwa-Tech initiative for women’s empowerment has introduced a new digital micro-learning track, drawing around 300 women entrepreneurs and small business owners. The track features six specialized sessions, each focusing on a...
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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...
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GFH H1 Shareholder Profit Rises 13.3% to $76.2 Million as Core Banking...GFH Bank reported a 13.33% year-on-year increase in net profit attributable to shareholders for the first half of 2026, supported by stronger wealth and investment management activity as well as continued growth...
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EFG Hermes Advises eFinance on Full Acquisition of Tamweely Financial ServicesEFG Hermes has acted as sole financial adviser to eFinance for Digital and Financial Investments on its proposed acquisition of 100% of Tamweely Financial Services, a transaction that will move eFinance deeper...
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Egypt’s Chemical and Fertilizer Exports Surge 25.2% to Exceed $6 Billion in...Egypt’s chemical and fertilizer sector continued its robust trajectory in global markets during the first half of 2026, recording export revenues of $6.1 billion from January to June. This marks a solid...
Technology
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MCIT Partners with PDPC, GIZ on Data Protection Training for NGOsThe Ministry of Communications and Information Technology (MCIT), in collaboration with the Personal Data Protection Center (PDPC) and the German Agency for International Cooperation (GIZ), has organized a training program on Egypts...
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Ain Shams University Deploys AI-Driven ”Learning Buddy” Platform for 10,000 StudentsThe Faculty of Commerce at Ain Shams University has announced the large-scale rollout of Learning Buddy, an advanced AI-driven educational platform. The initiative will cover first- and second-year students, targeting approximately 10,000...
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Lenovo Posts Strongest Quarterly Revenue Growth in 5 Years Driven by AI...Chinas Lenovo Group, the world’s largest personal computer (PC) maker, has recorded its strongest quarterly revenue growth in five years. This surge was primarily fueled by soaring demand for Artificial Intelligence (AI)...
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Googles Gemini Surpasses 1 Billion Monthly Users, Driven by Surging Voice and...Google has announced that its AI assistant, Gemini, has officially crossed the 1 billion monthly active users milestone. This achievement underscores the rapid adoption of generative AI tools and positions Gemini as...
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GEEKS STORE Signs Strategic Partnership with iFLYTEK, Becoming the Exclusive National Distributor...GEEKS STORE has announced the signing of a strategic partnership agreement with iFLYTEK, a leading Chinese artificial intelligence (AI) company. Under this agreement, GEEKS STORE becomes the sole and exclusive national distributor...
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LRNOVA Launches the First Specialized Arabic AI Model for Educational Videos and...LRNOVA, a pioneering company specializing in AI technologies for education, has announced the launch of a new AI model dedicated to generating instructional videos and virtual characters (AI Avatars). This release is...
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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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...
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Emirates NBD - Egypt Elevates Premium Banking Suite for High-Net-Worth and International...Emirates NBD - Egypt has significantly enhanced its premium banking ecosystem, introducing an integrated suite of solutions tailored for high-net-worth individuals and globally oriented clients. The new offerings seamlessly combine comprehensive wealth...
Fin tech
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myFawry App Transactions Surge 68.5% to EGP 48 Billion in H1 2026...Fawry for Banking Technology and Electronic Payments announced a significant 68.5% year-on-year (YoY) jump in the total value of transactions executed through its consumer-facing application, myFawry. Transaction values reached EGP 48 billion...
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Contact Financial Holdings ”Contact Now” App Surpasses EGP 1 Billion in Transactions...Contact Financial Holding has announced that its Contact Now application continued to achieve robust growth during the first half of 2026. This performance reflects the accelerated customer adoption of the comprehensive digital...
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Raya Holding Reports 22% Revenue Growth, Reaching EGP 33.8 Billion in H1...Raya Holding for Financial Investments has announced its consolidated financial results for the first half of 2026, reporting robust revenue growth. This performance underscores the resilience of its business model, the diversification...
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valU Jordan and Hypermax Forge Strategic Partnership to Introduce BNPL Solutions Across...valU Jordan, a leading financial technology company in the Middle East and North Africa (MENA) region, has announced a strategic partnership with Hypermax, the grocery retail brand fully owned by Majid Al...
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eFinance to Fully Acquire Tamweely in EGP 4.8 Billion Cash-and-Share DealEgypt’s eFinance Investment Group is making one of its biggest strategic moves beyond digital payments infrastructure, agreeing to acquire 100% of Tamweely Microfinance in a cash-and-share transaction that will give the state-backed...
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valU Eyes Expansion into North Africa and the Levant Following Successful Launch...Leading fintech player valU is actively targeting expansion into the North Africa and Levant markets as the next critical phase of its regional growth strategy, following the successful launch of its operations...
Cars
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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...
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Haval Jolion Prices Rise in Egypt, Entry Model Now Starts at EGP...Haval Jolion has become the latest locally assembled model to see a price adjustment in Egypt, with GB Auto raising prices of the 2027 model year by up to EGP 35,000 across...
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Ahmed Ali Appointed General Manager of Omoda and Jaecoo at Ezz Elarab...hamdy abdelrashid Ahmed Ali has recently been appointed as the General Manager for the Omoda and Jaecoo brands under the umbrella of Ezz Elarab Automotive Group. He brings over 20 years of...
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 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...
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OPPO Reno16 Series Set to Launch in Egypt, Combining Advanced AI Capabilities...OPPO, the worlds leading smart device brand, has announced that the Reno16 Series is set to officially launch in Egypt on August 11 under the theme of “Your Vibe, Your Way”, marking...
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...