Fin tech
Fin tech
Fin tech
Fin tech
Fin tech
Fin techNews
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Bitcoin Price Falls to $82,882 Amid Stronger DollarBitcoin fell to about $82,882 on Thursday, down 1.6%, after topping $87,000 earlier in the week, as profit-taking coincided with a stronger dollar, higher U.S. Treasury yields and weaker equities. Bitcoin Retreats...
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12 Egyptian Tech Companies Head to Baghdad as Egypt Looks to Expand...Twelve Egyptian technology companies are heading to Baghdad in a coordinated push to secure new business in Iraq, as Egypt looks to turn its growing digital capabilities into a stronger regional export...
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Egyptian Competition Authority Approves Major Mergers and Acquisitions, Including Heidelberg Materials Stake...The Economic Concentration Notification Files Examination Committee at the Egyptian Competition Authority (ECA) has officially approved several key economic concentration requests, clearing the way for new mergers and acquisitions. The committee granted...
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The Switch Heard Across MENA: Karen Wazen Joins as Samsung Galaxy Mobile...Samsung Electronics MENA today officially announced Karen Wazen as their new Brand Ambassador for the region, deepening the brand’s connection with audiences across MENA. Renowned for her contemporary design sensibility and entrepreneurial...
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Russian Stocks Open Higher as MOEX and RTS Indices AdvanceRussian equities opened higher on the Moscow Exchange on Thursday, according to early trading data. At 9:00 a.m. Moscow time (06:00 GMT), the MOEX index rose by 0.58% to 2,325.76 points, while...
TechnoTime Emirates
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UAE Central Bank Restricts Bank Melli Iran Branches Over AML and Sanctions...The Central Bank of the UAE has taken enforcement action against branches of Bank Melli Iran operating in the country over violations related to compliance with applicable laws, regulations, and supervisory requirements....
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UAE Launches Second Retail Treasury Sukuk IssueThe UAE Ministry of Finance has launched the second issue under its Retail Sukuk Al Khazina programme, offering a five-year tenor as part of efforts to expand citizen and resident participation in...
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Emirates NBD Egypt Releases Third Carbon Footprint Report for 2025Emirates NBD Egypt has issued its third comprehensive carbon footprint report, covering the bank’s operational activities in 2025. The report measures emissions generated by daily operations and supports the development of realistic...
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Dubai Ranks World’s No. 1 Fintech Hub in Latest Global Financial Centres...Dubai has climbed to first place globally in financial technology, according to assessments by international financial industry professionals in the latest Global Financial Centres Index (GFCI), marking a significant advance in the...
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Etihad Airways and Etihad Rail Sign MoU to Explore Integrated Air-Rail Travel...Etihad Airways and Etihad Rail Sign MoU to Explore Integrated Air-Rail Travel Across the UAE Etihad Airways and Etihad Rail, the developer and operator of the UAE’s national railway network, have signed...
Business
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GrowthLabs and Amenli Forge Strategic Partnership to Launch Tailored Digital Insurance for...GrowthLabs, a company specializing in building supportive infrastructure for regional entrepreneurship ecosystems, has announced a strategic partnership with Amenli, Egypt’s first licensed digital insurance broker, to launch a tailored insurance service for...
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Alibaba Shares Surge Up to 5.1% on Next-Gen AI Chip Unveiling and...Alibaba Group shares climbed approximately 3% in Hong Kong before extending gains to 5.1%—hitting a one-month high—after the Chinese tech conglomerate unveiled a next-generation artificial intelligence processor and outlined massive global data...
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Egypts Food Exports to the EU Reach $852 Million in H1 2026...The Egyptian Food Export Council hosted a strategic seminar exploring new avenues for food exports to the European Union, with a specialized focus on the French market. Driven by the Egypt-EU Association...
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Breadfast Project Approved in Abu Rawash Investment ZoneThe board of the investment zone operated by Al Ahly for Industrial Development in Abu Rawash has approved Breadfast’s project for manufacturing, packaging and trading food products, making it one of the...
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Egyptian Furniture Identity Initiative Aims to Maximize Value-Added Exports and Global CompetitivenessAlaa Nasr El-Din, First Vice Chairman of the Wood and Furniture Chamber at the Federation of Egyptian Industries (FEI), has stated that establishing an Egyptian Furniture Identity is a critical step in...
Technology
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Orange Egypt Plans Shared Solar Power Plants With Telecom OperatorsOrange Egypt is preparing to collaborate with other telecom operators in the local market to establish shared solar power plants, as part of efforts to support telecom networks with renewable energy and...
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NVIDIA Highlights Egypt’s Rapid Growth as an AI Hub in AfricaNVIDIA, a global leader in artificial intelligence and semiconductor technologies, has highlighted the rapid growth of Egypt’s AI ecosystem, noting its transition from an enablement-focused phase toward broader production and real-world applications....
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Meta Unveils Pocket-Sized AI Device for Conversations With MuseMeta has unveiled its new AI device, “Muse Charm,” a compact gadget designed to provide users with direct access to its Muse AI assistant without relying on a smartphone or smart glasses....
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SoftBank Secures $11.1 Billion in Fresh Funding to Expand OpenAI InvestmentSoftBank Group is raising $11.1 billion through dollar- and euro-denominated bonds as it seeks to strengthen its financing capacity and support its growing investments in artificial intelligence. The company issued three senior...
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MCIT Equips Beni Suef School for Visually Impaired Students with Advanced Digital...Egypt’s Ministry of Communications and Information Technology (MCIT) has expanded digital support for Al-Noor School for the Visually Impaired in Beni Suef by supplying the school with advanced computers, assistive technologies, and...
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Raya Holding Approves Up to $60M Investment for Proposed Egyptian Data Center...Raya Holding for Financial Investments has conditionally approved a capital investment of up to $60 million through its subsidiary, Raya Systems, to finance a proposed acquisition of the full equity stake in...
Smart cities
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Nawy Shares and CI Capital Asset Management Partner to Launch Real Estate...Nawy Shares and CI Capital Asset Management (CIAM) have signed a partnership agreement to establish and manage digitally enabled, multi-issuance real estate investment funds. The partnership combines Nawy Shares’ real estate and...
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Madinet Masr, Zahraa Maadi Mutually Terminate New Heliopolis Co-Development ContractMadinet Masr and Zahraa Maadi Investment and Development have announced the mutual termination of their co-development contract for two land plots owned by Zahraa Maadi in New Heliopolis City, east of Cairo....
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The Safe Haven Illusion: Real Estate Resale Crisis Traps Middle-Class InvestorsAggressive real estate marketing driven by the Fear of Missing Out (FOMO) and inflation concerns has transformed property ownership from a financial safe haven into a debt trap for many middle-class citizens....
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Madinet Masr Officially Introduces Doors Real Estate Following EGP 122 Billion in...Madinet Masr, one of Egypt’s leading urban community developers, has officially introduced its subsidiary, Doors Real Estate, to the market. The launch aligns with Madinet Masrs broader strategy to build a comprehensive...
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Alef Group Sells Out All 2,683 Units in AED 4 Billion Linar...Sharjah-based real estate developer Alef Group has announced the complete sell-out of all 2,683 residential units across the five towers of its AED 4 billion Linar project. Located on the Al Mamzar...
Banks
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Egypt’s Central Bank Issues New Rules for Credit Guarantee CompaniesThe Central Bank of Egypt has issued new licensing, regulatory and supervisory rules for credit guarantee companies, following approval by its board on September 23, 2026, to establish a regulatory framework supporting...
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CIB Provides $80M Financing for Eroglu Knitting Industrial Complex in EgyptCommercial International Bank – Egypt (CIB) has provided total financing of $80 million to Eroglu Knitting (EMS), part of Turkish group Eroglu Global Holding, to support the completion of its integrated industrial...
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Egypt’s Banking Sector Index Falls 0.84% at Thursday’s Trading OpenThe banking sector index on the Egyptian Exchange (EGX) declined 0.84% to 5,637 points at the start of trading on Thursday. During the morning session, banking stocks recorded trading values of approximately...
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Banking Sector Stocks Show Mixed Performance at Thursday’s Trading OpenBanking sector stocks listed on the Egyptian Exchange (EGX) showed mixed performance at the start of trading on Thursday, with the Export Development Bank of Egypt leading the gainers. The bank’s stock...
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Egyptian Pound Holds Steady Against the US Dollar at Banks on ThursdayThe average US dollar exchange rate against the Egyptian pound stood at EGP 51.37 for buying and EGP 51.47 for selling on Thursday, September 24, 2026, according to the average rate published...
Fin tech
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Central Bank Sets Data Security Rules for Credit Guarantee CompaniesThe Central Bank of Egypt has required credit guarantee companies to establish secure technology infrastructure, protect information systems and databases, maintain business continuity plans, and keep their databases inside Egypt under the...
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CBE Sets New Ownership Rules for Credit Guarantee CompaniesThe Central Bank of Egypt has introduced new rules governing ownership of shares in credit guarantee companies, setting limits on stakes and voting rights, prior approval requirements, beneficial ownership rules and disclosure...
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Central Bank Sets Governance and Control Rules for Credit Guarantee CompaniesThe Central Bank of Egypt has introduced broad governance, internal control, risk management and information security requirements for credit guarantee companies, requiring independent control functions, defined board structures and committees, stronger disclosure...
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CBE Sets Merger, Split and Key Management Rules for Credit Guarantee CompaniesThe Central Bank of Egypt has set procedures for preliminary and final approval of mergers and splits involving credit guarantee companies, alongside requirements for nominating key executives and assessing their integrity, experience,...
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Central Bank Details License Cancellation and Liquidation Rules for Credit Guarantee FirmsThe Central Bank of Egypt has set procedures for establishing and registering credit guarantee company branches, alongside rules for license cancellation, deregistration, suspension and liquidation, requiring companies to settle their legal and...
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Credit Guarantee Companies Face EGP 50 Million Capital RequirementThe Central Bank of Egypt has set licensing rules for credit guarantee companies, covering their legal structure, capital, ownership, governance and approval procedures. Paid-up capital must be at least EGP 50 million....
Cars
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Bentley Enters the EV Era with the Launch of Its First All-Electric...Bentley Motors has officially entered a new phase in its automotive journey with the global unveiling of the Torcal, the company’s first fully electric model. The new vehicle was presented at a...
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Ayten Omar Appointed General Manager of Sales for JAECOO and OMODA at...Ayten Omar has been appointed as the General Manager of Sales for the JAECOO and OMODA automotive brands under Ezz Elarab El Sewedy Investments. Leveraging an extensive and successful track record in...
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Ezz Elarab Star Opens Third Smart Branch in Discovery 5 to Expand...Ezz Elarab Star has inaugurated its new branch for the Smart brand in Discovery 5, as part of its geographical expansion plan to enhance the brands reach in the Egyptian market. The...
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Smart Egypt Bets on New EV Models and Branch Expansion to Boost...Smart Egypt is betting on launching more new models and expanding its branch network in the local market as part of its plan to enhance the brands presence and increase its reach...
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Hyundai Venue Financing from Drive FinanceDrive Finance, a subsidiary of GB Capital under GB Corp, has announced a new financing offer for the Hyundai Venue, featuring a minimum 50% down payment, a 9.99% annual interest rate and...
cyber security
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Headphone Security Flaw Could Enable Remote Eavesdropping From 30 MetersHeadphone Vulnerability Could Allow Remote Eavesdropping From Up to 30 Meters Cybersecurity researchers have uncovered a new attack technique that could allow attackers to capture audio from certain headphones from a distance,...
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Egypt’s Superhero Academy Graduates More Than 6,000 Cybersecurity TraineesEgypt’s Minister of Communications and Information Technology, Eng. Raafat Hindi, attended the graduation ceremony of the third cohort of the “Superhero Academy,” a cybersecurity program for children and young people organized by...
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Fake Reddit Ad Puts Windows and Mac Users at Risk of MalwareFake Reddit Ad Targets Windows and Mac Users Cybersecurity researchers have warned about a fraudulent campaign exploiting Reddit’s name to target Windows and Mac users through fake advertisements and misleading pages. The...
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FDC Summit 2026 Puts AI, Data Centers and Cybersecurity at the Center...Global and Egyptian technology companies will gather in Cairo later this month for the eighth edition of FDC Summit, as the event shifts its focus toward a question that is increasingly shaping...
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FDC Summit eyes African and Arab expansion as Egypt strengthens regional digital...The Future of Digital Countries Summit (FDC Summit) is preparing to expand its regional presence across Africa and the Arab world, as organizers seek to build a broader platform connecting Egypt’s technology...
Markets
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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...
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Talabat Appoints Selin Sozer as Chief Marketing OfficerTalabat, the everyday deliveries platform in the Middle East and North Africa (MENA), has announced the appointment of Selin Sozer as Chief Marketing Officer (CMO). Sozer joins Talabat from Delivery Hero Group,...
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Amer Group H1 Profit Jumps 204% to EGP 96.9 Million as Operating...
Amer Group Holding reported a sharp improvement in first-half earnings, with consolidated net profit more than tripling as higher revenue and stronger operating margins outweighed financing costs. The EGX-listed real estate group...
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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...
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 Six Global Power Showcases, Unlocking a New Power System with...During HUAWEI CONNECT 2026, Huawei held the 2026 Global Electric Power Summit under the title AI × Energy: Unlocking a New Power System. More than 600 representatives from global power companies, industry...
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Huawei Announces Service Day in Egypt, Offering Free Repair Labor from October...Huawei has announced the launch of its Service Day event in the Egyptian market, running from October 4 to 6, 2026. The initiative allows users of select Huawei devices to benefit from...
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Samsung May Tighten Galaxy A Battery Replacement With New Security ChipSamsung May Make Galaxy A Battery Replacements More Complicated With New Security Chip Samsung is reportedly preparing to introduce a change to the batteries used in some Galaxy A smartphones by integrating...
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“Reheating Our Leftovers”: Samsung Mocks Apple After Its First Foldable iPhone Finally...Apple’s long-awaited entry into foldable smartphones has given Samsung an opportunity it was never likely to ignore. Soon after Apple unveiled the iPhone Duo, its first foldable smartphone, Samsung turned the launch...
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Huawei Maintains Leadership in Global Wrist-Worn Device Market in H1 2026 with...Recently, IDC, a leading global market research firm, released its wrist-worn device market report for the first half of 2026. The report shows that Huawei continues to lead the global wrist-worn device...
تكنوتايم بالعربي
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هاني قاصد كريم: نستهدف مليوني نخلة في الفرافرة بحلول 2030 والتوسع في...كشف رجل الأعمال والمستثمر الزراعي هاني قاصد كريم عن خطة توسعية كبيرة للاستثمارات الزراعية في واحة الشوربجي بالفرافرة، تستهدف الوصول إلى مليوني نخلة بحلول عام 2030، مقابل أكثر من 650 ألف نخلة...
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وهم الملاذ الآمن: كيف تحولت ”شقة الأحلام” إلى فخ يلتهم مدخرات المواطنينبين ليلة وضحاها، وجد آلاف المواطنين أنفسهم يدورون في ساقية لا تتوقف؛ ليس بحثاً عن الرفاهية، بل هرباً من شبح المستقبل المجهول. في السنوات الأخيرة، لم يعد العقار مجرد جدران تؤوي عائلة،...
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بلتون لإدارة الأصول تفوز بجائزة يوروموني لأفضل مدير صناديق إسلامية في مصر...حصلت بلتون لإدارة الأصول على جائزة أفضل مدير صناديق إسلامية في مصر ضمن جوائز يوروموني للتمويل الإسلامي 2026، تقديرًا لحضورها في سوق إدارة الأصول الإسلامية في مصر، وخبرتها في إدارة الاستثمارات، وقدرتها...
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تكاليف وتسعير العقارات: وهم المضاربات أم حقيقة السوق؟شهدت أسعار العقارات في مصر خلال السنوات القليلة الماضية قفزات غير مسبوقة، تجاوزت في بعض المناطق حاجز المنطق الاقتصادي لتضع المواطن العادي أمام تساؤل شديد التعقيد: كيف أصبح امتلاك وحدة سكنية في...
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EG Insurtech: إعادة تصور صناعة التأمين من خلال التكنولوجيا والذكاء الاصطناعيتتبنى Insurtech EG رؤية لا تنظر فيها إلى التكنولوجيا باعتبارها مجرد أداة لتسريع الإجراءات القائمة، بل تراها فرصة حقيقية لإعادة تصور صناعة التأمين من جديد. وتسعى الشركة إلى بناء منظومة أكثر ذكاءً...