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BanksNews
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750 Students from 18 Governorates Take Part in Third Edition of igniteED...Under the patronage of the Ministry of Social Solidarity and the Ministry of Communications and Information Technology, the Development and Advancement Association has announced the conclusion of the third edition of the...
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Egypt’s Financial Regulatory Authority Issues New Rules for Risk Assessors and Loss...The Board of Financial Regulatory Authority (Egypt), chaired by Islam Azzam, has issued Decision No. 54 of 2026, setting out the conditions, rules, and procedures for the registration and practice of risk...
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Egypt’s ICT, Planning and Finance Leaders Align on Digital Transformation Deals with...Egypt is accelerating preparations for a new wave of agreements with leading global technology companies, as Minister of Communications and Information Technology Eng. Raafat Hindi, Minister of Planning and Economic Development Dr....
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Fixed Solutions: AI to Add $320 Billion to MENA Economies by 2030,...Fixed Solutions, a leading cybersecurity and digital solutions provider, has highlighted the growing role of artificial intelligence (AI) as a key economic driver across the Middle East and North Africa (MENA), projecting...
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Telecom Egypt signs a memorandum of understanding with Mercon Real Estate Development...Telecom Egypt WE, the first integrated operator of ICT services in Egypt, signed a memorandum of understanding with Mercon Real Estate Development Company, to provide the latest integrated telecommunications solutions and smart...
TechnoTime Emirates
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AED 422.5 Million in Pay for 61 Executives Across 10 Listed Companies...Compensation packages for senior executives across a group of publicly listed companies reached AED 422.5 million in 2025, according to disclosures from firms listed on the Dubai Financial Market (DFM). The total...
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Dubai Financial Market Gains AED 48.16 Billion in April Amid Strong Investor...The Dubai Financial Market (DFM) recorded market gains of AED 48.16 billion during April, reflecting renewed investor confidence and robust trading activity across key sectors. The increase in market capitalization was driven...
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Maktoum bin Mohammed Directs Federal Tax Authority to Deploy Autonomous AI Models...Maktoum bin Mohammed bin Rashid Al Maktoum has directed the Federal Tax Authority (FTA) to implement autonomous artificial intelligence (AI) models across its operations within the next two years, in a move...
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Meraas Awards AED 2.4 Billion in Construction Contracts Across Key Dubai ProjectsMeraas has awarded construction contracts worth AED 2.4 billion, as part of its ongoing expansion strategy across major development projects in Dubai. The contracts cover a range of infrastructure and building works...
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Emirates SkyCargo Expands Network to Canada with New Toronto Freighter ServiceEmirates SkyCargo has announced a significant expansion of its global logistics network with the launch of a new dedicated cargo route to Canada, reinforcing trade links between the UAE and North America....
Business
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EFG Holding Shareholders Approve New Board for Three-Year TermThe General Assembly of EFG Holding has approved the election of a new board of directors for a three-year term, following the expiration of the current board’s mandate. According to a disclosure...
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Neo Energy Solutions Becomes GoodWe’s First Official Distributor in EgyptNeo Energy Solutions has signed a strategic partnership agreement with China-based GoodWe, a global provider of solar energy and energy storage solutions, becoming the company’s first officially authorized distributor in the Egyptian...
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U.S. States Move to Curb Private Equity Expansion in Legal Services SectorThe United States is witnessing a wave of new legislative efforts aimed at limiting the expansion of private equity firms into the legal services sector, as several states consider imposing restrictions on...
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Egypt’s Gold Prices Stabilize Amid Global Weekly Slump and US Monetary TighteningLocal gold prices in Egypt remained steady during Saturday’s sessions, coinciding with the global market’s weekend hiatus. This stability follows a turbulent week for the precious metal, which saw global bullion prices...
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Faragalla Group Expands Bakery Portfolio with New Whole-Grain Toast; Reports High Market...Faragalla Group, a dominant force in the Middle East’s food and bakery industry, has officially launched its new Whole-Grain Toast (available in Soft and Crunchy varieties) across Egyptian markets. Early market indicators...
Technology
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ElGarhy Group Strengthens Stake in EFG Holding, Secures Board RepresentationMohamed Gamal Abdel Kader ElGarhy has joined the board of EFG Holding as a representative of ElGarhy Group for Investment and Development, as part of the company’s newly formed board for a...
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French Authorities Arrest 15-Year-Old in Major Government Data Breach CaseAuthorities in France have arrested a 15-year-old suspect in connection with one of the most serious cyberattacks targeting a government entity responsible for managing official administrative records. According to investigators, the teenager...
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Spotify Introduces Artist Verification System to Distinguish Human Creators from AI-Generated ContentSpotify has announced the launch of a new verification system aimed at distinguishing real artists from AI-generated content, in a move that reflects growing debate over the future of the digital music...
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igniteED 2026 Concludes Third Edition, Empowering 750 Egyptian Students in STEM InnovationDevelopment and Development Association announced the successful conclusion of the third edition of the igniteED competition, a strategic educational initiative designed to foster innovation, scientific thinking, and practical problem-solving skills through hands-on...
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OpenAI Restricts Access to “Cyber” Tool Amid Rising Competition in AI-Driven CybersecurityIn a move reflecting intensifying competition in the market for AI-powered cybersecurity tools, OpenAI has begun restricting access to its new “Cyber” tool, powered by the GPT-5.5 model, making it available only...
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Strategic Triple-Alliance Formed to Pioneer Integrated Governance and Digital Solutions in EgyptA new era of corporate institutionalization has begun in Egypt with the signing of a landmark Memorandum of Understanding (MoU) between the Entrepreneurship, Technical Solutions Researcher Training Center (PISC), Fair Solutions for...
Smart cities
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Egypt Launches Landmark PPP Initiative: Private Developers to Build 19,000 Social Housing...Eng. Randa El-Minshawy, Minister of Housing, Utilities, and Urban Communities, has officially announced the launch of a public-private partnership (PPP) framework under the presidential initiative Sakan Kol El-Masryeen (Housing for All Egyptians)....
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Amer Group Sets the Stage for Summer 2026: Sherine Abdel Wahab to...Amer Group, a leading name in real estate development and leisure, has announced a massive concert featuring the iconic Sherine Abdel Wahab as part of its highly anticipated Porto Golf Summer Festival....
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CBRE Q1 2026 Report: UAE Real Estate Defies Regional Tensions with Strong...According to the latest CBRE Middle East market review, the UAE real estate sector demonstrated remarkable resilience during the first quarter of 2026, maintaining stability despite a downgraded GDP growth forecast of...
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Orange Egypt and Paragon-Adeer Launch ”AI Campus”: A First-of-its-Kind Innovation Hub for...In a landmark move for the regional digital economy, Orange Egypt has signed a strategic Memorandum of Understanding (MoU) with Paragon-Adeer to launch the AI Campus within the Sumou Boulevard project in...
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El Attal Holding to Launch EGP 2.8B Real Estate Fund; Leads Market...El Attal Holding is set to finalize the launch of its first real estate investment fund by June 2026, pending approval from the Financial Regulatory Authority (FRA). Chairman Ahmed El Attal announced...
Banks
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Emirates NBD Egypt Publishes Third Sustainability Report, Highlights ESG Progress and Strong...Emirates NBD Egypt has released its third annual sustainability report, reinforcing its long-term strategy to promote responsible finance and embed environmental, social, and governance (ESG) principles at the core of its operations....
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US Dollar Declines Across Egyptian Banks in Early Sunday TradingThe US Dollar recorded a noticeable decline during early trading on Sunday, May 3, 2026, across Egypt’s banking sector, signaling a modest easing compared to previous levels. The lowest exchange rates at...
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Arab Bank Delivers Steady Growth in Q1 2026 with Net Profit Reaching...Arab Bank Group reported solid financial results for the first quarter of 2026, posting a 2% year-on-year increase in net profit after tax to reach $275.8 million, compared to $271 million as...
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Japan Executes Massive $34.5 Billion Intervention to Rescue Yen from Multi-Year LowsThe Japanese Ministry of Finance has carried out a significant currency intervention, deploying approximately $34.5 billion (5.4 trillion yen) to bolster the yen after it plummeted to levels not seen since mid-2024....
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CIB Egypt Launches Limited-Edition Savings Certificates with Returns Up to 19.50%Commercial International Bank (CIB) – Egypt has unveiled a new suite of limited-edition savings certificates designed to provide high-yield investment alternatives in the local market. The new offerings cater to diverse investor...
Fin tech
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Stripe Upgrades “Link” Wallet to Support AI Agents, Signaling Shift Toward Autonomous...In a move reflecting the rapid shift toward an automation- and AI-driven economy, Stripe has announced a major upgrade to its digital wallet “Link,” positioning it as one of the first financial...
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Mastercard Reports Surge in Q1 Profits to $3.9 Billion Amid Robust Global...Mastercard has delivered a stellar financial performance for the first quarter of the year, significantly outperforming previous year benchmarks. The global payments giant reported a net profit of $3.9 billion, translating to...
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A First for Global Markets: OKX Partners with BlackRock and Standard Chartered...In a landmark move for the digital asset industry, OKX, a global leader in financial technology, has announced a joint framework with BlackRock and Standard Chartered to integrate the BUIDL token into...
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US Judge Reviews Landmark $38 Billion Visa-Mastercard Settlement Amid Merchant PushbackA federal judge in Brooklyn has begun reviewing a revised $38 billion settlement between payment giants Visa and Mastercard and a massive class of US merchants. The hearing marks a critical turning...
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Intel Secures $6.5 Billion in Oversubscribed Bond Sale to Fund $14.2 Billion...Intel Corporation has successfully tapped the debt markets, raising $6.5 billion through a multi-tranche bond issuance that attracted over $50 billion in orders. The massive demand allowed for tighter pricing than initially...
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Spare Revolutionizes Cross-Border Transactions in the UAE with Launch of Open Finance...Spare, the leading Open Banking infrastructure provider, has officially unveiled its international payment services within the UAE s Open Finance framework. In a landmark achievement for the region s financial sector, Spare...
Cars
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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...
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Lucid Group Secures $750M in New Funding; Partners with Uber to Deploy...Lucid Group has announced a major capital infusion and a strategic expansion of its partnership with Uber, backed by an additional investment from Ayar Third Investment Company, a subsidiary of Saudi Arabia...
cyber security
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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...
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Kaspersky Links Coruna Exploit Kit to Updated Operation Triangulation FrameworkKaspersky has revealed that the recently identified Coruna exploit kit is a direct and updated iteration of the framework used in the highly sophisticated Operation Triangulation cyber-espionage campaign, according to new findings...
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Kaspersky Study: 80% of Egyptian Firms Plan AI-Driven SOCs, but Talent and...Nearly all organizations planning to establish a Security Operations Center (SOC) view artificial intelligence (AI) as an essential component. However, despite strong expectations, many companies continue to face substantial barriers in effectively...
Markets
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Huawei Launches Band 11 Series in Egypt: A Leap in AI Fitness...HUAWEI has officially debuted its next-generation fitness tracker, the HUAWEI Band 11 series, in the Egyptian market. The new series sets a new benchmark for wearable technology with the Band 11 Pro...
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Egypt reduces fees for real estate partnership projects on the North Coast...Egypt has reduced fees imposed on real estate partnership projects on the North Coast, after amending the calculation method to apply them to the saleable built-up area instead of the total land...
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K Developments accelerates its growth with the launch of Palencia Plaza, a...As part of its expansion strategy, driven by strong growth rates and ambitious plans to enhance its presence in the Egyptian real estate market, K Developments announced the launch of its latest...
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Real estate developers in Egypt will gather for an exceptional experience at...Continuing its successful track record in the Egyptian market, Red Collaboration has delivered an exceptional experience in real estate alliance formation, offering a unique and innovative approach for the first time in...
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El Mahfouz Developments launches MoQattam Business Complex in a strategic location in...El Mahfouz Developments has announced the launch of its latest project, MoQattam Business Complex, in the heart of the Mokattam district. This strategic move reflects the company s commitment to developing integrated...
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Valeo CEO: Egypt AI Development Center Marks Strategic Milestone in Global AI...Christophe P rillat, CEO of Valeo, described the launch of the company s artificial intelligence (AI) development center in Egypt as a key strategic milestone aligned with Valeo s global vision to...
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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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,...
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UNESCO and vivo Transform Mobile Phones into ”Digital Observatories” for Egyptian Youth...In a significant boost to Egypt’s environmental storytelling, UNESCO and vivo Egypt successfully hosted a capacity-building workshop at Alexandria University. Part of the global initiative Capture the Future, the event trained nearly...
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HUAWEI Band 11 Series Launches with HUAWEI Band 11 Series Launches with...HUAWEI announced the launch of the HUAWEI Band 11 series in the Egyptian market, introducing its latest generation of smart fitness bands that combine minimalist design with advanced technologies for independent health...
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Create It Your Way: Why the HONOR 600 Series Feels Personal Before...As anticipation builds ahead of its official debut, the upcoming HONOR 600 Series is already reshaping expectations around smartphone creativity. Rather than focusing solely on specifications, the new lineup featuring the HONOR...
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HONOR Unveils 600 Series with iPhone-Inspired Design and AI-Driven ImagingHONOR has launched its new HONOR 600 smartphone series, introducing a design language clearly inspired by flagship iPhone models while emphasizing advanced AI-powered photography and high-end hardware at competitive pricing. The new...
تكنوتايم بالعربي
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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...
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ميار نجيب رئيسًا لقطاع الاتصال المؤسسي والعلاقات العامة والاستدامة في «إي آند...انضمت ميار نجيب إلى شركة إي آند مصر لتتولى منصب رئيس قطاع الاتصال المؤسسي والعلاقات العامة والاستدامة، إلى جانب الاشراف على اعمال مؤسسة إي آند مصر لتنمية المجتمع، التي تأسست عام 2013،...
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عمرو محفوظ.. مهندس الثقة في زمن الدولة الرقميةفي مسار التحول الرقمي، تتجه الأنظار عادةً إلى التطبيقات والمنصات والخدمات التي يراها المواطن يوميًا. لكن خلف هذه الواجهة المرئية، توجد طبقات أكثر تعقيدًا تشكل العمود الفقري للدولة الرقمية. في هذا السياق،...