News
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Orascom Investment Objects to Giza Pyramids Balloon Project, Citing Breach of Exclusive...Orascom Investment Holding announced that it was neither consulted nor contracted regarding the newly launched stationary balloon project at the Giza Pyramids, stating the move violates its exclusive commercial rights within the...
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India’s Groww AMC Closes $69 Million Strategic Investment from US-Based State StreetGroww Asset Management, the asset management arm of the Indian fintech platform Groww, has officially closed a strategic investment deal worth up to $69 million with State Street Investment Management, following the...
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Egypt’s Energy Sector Opportunities and Challenges in Focus at Upcoming Canadian-Egyptian Business...The Canadian Egyptian Business Council (CEBC) and the Egyptian Council for International Cooperation are set to host a seminar titled The Electricity and Energy Sector in Egypt: Opportunities and Challenges on Tuesday,...
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UAE Renewable Energy Capacity Surges 63-Fold, Reaching 8.2 GW in 2025The United Arab Emirates has achieved unprecedented milestones in its energy sector, marked by a massive expansion in clean energy sources and significant upgrades to the national power grid. Sharif Al Olama,...
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Egypt Participates in 2026 China–Africa Digital Capacity Building Cooperation ConferenceEgypt Participates in China–Africa Digital Capacity Building Cooperation Conference Egypt, represented by the Ministry of Communications and Information Technology (MCIT), took part in the 2026 China–Africa Digital Capacity Building Cooperation Conference, held...
TechnoTime Emirates
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Dubai Real Estate Transactions Top AED 2.18 Billion as Sales Capture Two-Thirds...Dubai’s property market recorded more than AED 2.18 billion in real estate transactions in a single day, with sales accounting for almost two-thirds of the total value as activity remained spread across...
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Dubai Issues New Guide to Help Businesses Navigate Force Majeure and Contract...Dubai has issued a new practical guide to help businesses determine when an unexpected event genuinely qualifies as force majeure — and when disruption, higher costs or delays remain part of the...
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Emirati Women Make Up 85% of DEWA’s Female WorkforceEmirati women account for 85% of the female workforce at Dubai Electricity and Water Authority (DEWA), highlighting the growing role of national talent across one of the UAE’s most strategically important utilities....
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XSquare Raises Pre-Seed Funding Led by Raed VenturesUAE-based business payments company XSquare has closed a pre-seed investment round led by Raed Ventures, with participation from AngelSpark, 500 Global and Oraseya Capital. The funding will support the company’s development of...
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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...
Business
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Venezuelan Oil Eyed for US SPR Refill as Production Slowly Recovers Toward...While US President Donald Trump views Venezuelan crude as an opportunity to replenish the United States Strategic Petroleum Reserve (SPR), Venezuela enters the second half of 2026 with a substantial gap between...
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Fast-Fashion Giant Shein Faces 70% Valuation Plunge Ahead of Hong Kong IPOShein was once the ultimate disruptor in the fast-fashion industry, capable of turning internet trends into physical products in mere days—offering $11 jeans and $3 crop tops. This ultra-fast model allowed it...
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UAE and Lebanon Establish Joint Business Council to Boost Economic TiesThe United Arab Emirates and Lebanon are moving to expand bilateral economic and trade cooperation by fostering stronger connections between their business communities and supporting cross-border investments and corporate partnerships. Abdullah bin...
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Tarek Amin Melesh: A Pioneer in Egypt’s Telecommunications and Digital Payments SectorTarek Amin Melesh is an Egyptian entrepreneur and telecommunications specialist with a career spanning more than five decades. A Cairo University engineering graduate, Melesh has held senior positions at Ericsson in Sweden,...
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Mirna Hussam: HONOR Egypt Marketing Manager’s Journey Across Technology and Digital MarketingMirna Hussam is continuing her career in Egypt’s technology sector as Marketing Manager at HONOR Egypt, building on professional experience spanning business administration, B2B and trade marketing, digital marketing, public relations, influencer...
Technology
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Saudi ConTech Platform Fitting Secures $1.1M Seed Funding to Digitize Building Materials...Saudi-based ConTech platform Fitting has officially launched its next phase of growth following the successful closure of a $1.1 million Seed funding round. The round included participation from a strategic investor actively...
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South Korea’s Wrtn Technologies Secures $72.4 Million to Accelerate AI Expansion in...South Korean consumer AI startup Wrtn Technologies has raised $72.4 million in its latest funding round, driving its valuation to approximately $869 million. The capital injection is strategically earmarked to fuel the...
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NTRA Concludes Academic Year Programs to Support Youth, Foster InnovationOver the course of nearly 10 months, the National Telecom Regulatory Authority (NTRA) organized programs and initiatives for students at universities and higher technological institutes, aiming to upskill youth, advance scientific research...
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WhatsApp Group Uncovered in Massive European Hawala Money Laundering and Terror Finance...European investigators have exposed a vast underground financial network that utilized a WhatsApp group and the informal Hawala system to funnel hundreds of millions of euros globally, funding organized crime and the...
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SK Hynix CEO Forecasts Global Memory Chip Shortage to Persist Through 2030...Kwak Noh-jung, CEO of SK Hynix, stated that the global memory chip shortage is projected to persist through the end of 2030, emphasizing that the risks of market oversupply remain limited. Speaking...
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OpenAI Notifies SpaceX of Intent to Terminate Cursor Model Supply Contract by...OpenAI has officially notified SpaceX of its intention to terminate its contract to provide artificial intelligence models to the coding tool Cursor, proposing a final termination deadline of November 12, 2026. According...
Smart cities
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Hong Kong Tops, Cairo Trails in Global Real Estate Prices According to...The Mapping the Worlds Prices 2026 report by Deutsche Bank Research reveals a staggering disparity in global housing markets across 69 cities, with the price per square meter in the most expensive...
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China State Construction International Posts 4.33 Billion Yuan Net Profit, Driven by...China State Construction International Holdings Ltd. reported a net profit of 4.330 billion yuan for the first half of the year, alongside a solid dividend payout ratio of 35.4%. The group demonstrated...
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CAPMAS: 212,000 Housing Units Executed with EGP 245.3 Billion Investments During 2024/2025The Central Agency for Public Mobilization and Statistics (CAPMAS) issued today, Monday, August 17, 2026, the Annual Housing Bulletin in Egypt for the year 2024/2025. The report revealed a remarkable leap in...
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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...
Banks
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Barclays Forecasts Two Fed Rate Hikes by Year-End Following Warshs Hawkish Jackson...Barclays now expects the US Federal Reserve to raise interest rates by 25 basis points in September, followed by an additional hike in December. The revised forecast, issued on Friday, follows increasingly...
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US Dollar Tops 51 EGP Across Several Egyptian Banks Amid Record RemittancesThe US Dollar edged higher against the Egyptian Pound (EGP) on Monday, August 31, 2026, crossing the 51-pound threshold in several commercial and Islamic banks operating across Egypt. The currency movement comes...
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BBK and Property Finder Launch Exclusive Mortgage Partnership in BahrainBank of Bahrain and Kuwait (BBK) has announced an exclusive strategic partnership with Property Finder, integrating comprehensive mortgage financing solutions directly into the real estate platforms digital channels. As Property Finders sole...
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National Bank of Egypt Wins Euromoney’s Best Private Bank in Egypt Award...hamdy Abdelrashid The National Bank of Egypt (NBE) has been awarded the prestigious title of Best Private Bank in Egypt at the Euromoney Awards 2026, recognizing its excellence in delivering premium financial...
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Foreign Currency Exchange Rates in Egypt on Sunday, August 30, 2026Foreign exchange markets in Egypt reflect stable currency values against the Egyptian Pound (EGP), with the US Dollar trading at 50.45 EGP for buyers. CurrencyBuying Price (EGP)Selling Price (EGP) US Dollar (USD)50.450050.5500...
Fin tech
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PhonePe Launches Offline UPI 123Pay to Bring Digital Payments to 200 Million...Indian fintech giant PhonePe has rolled out UPI 123Pay, a new service enabling feature phone users to conduct digital payments and money transfers without an internet connection. The initiative is strategically aimed...
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Indias NPCI to Enable UPI AutoPay Portability, Breaking Payment App Lock-InThe National Payments Corporation of India (NPCI) is preparing to enable the transfer of automatic payment mandates via the UPI AutoPay system across different payment applications, a strategic move designed to reduce...
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Kaspersky Warns: Cybercriminals Target SMBs with Enterprise-Grade Attack TacticsGlobal cybersecurity leader Kaspersky has warned that cybercriminals are increasingly employing the same sophisticated attack methods against Small and Medium-sized Businesses (SMBs) as they do against large corporations. A recent global survey...
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Alpha Dhabi Holding Doubles Investment in Mubadala Capital’s ‘Micad Credit’ to $1...Alpha Dhabi Holding, listed on the Abu Dhabi Securities Exchange (ADX), has announced a significant increase in its investment in Micad Credit, a joint venture managed by Mubadala Capital, the global alternative...
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مؤسس «بُكرة»: الترخيص والمصداقية خط الدفاع الأول لحماية المدخرات من الوعود الوهميةمؤسس ورئيس شركة بكرة: الوعود بعوائد خيالية ليست حلاً.. والتحويش يبدأ بالتأكد من الترخيص والمصداقية • الترخيص والمصداقية.. خط الدفاع الأول لحماية المدخرات • العائد المرتفع وحده لا يكفي لاتخاذ قرار الادخار...
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Up to 70% Off and Four-Year Payment Plans: Inside Souhoola’s Latest Offers
Egyptian consumer finance platform Souhoola has rolled out a new round of installment offers spanning electronics, everyday purchases and even gold, as competition among consumer finance providers increasingly shifts toward longer repayment...
Cars
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Intense Pressure Mounts to Secure Deal on Volkswagen Overhaul as 50,000 Job...Olaf Lies, the Minister-President of Lower Saxony and a key negotiator in talks over Volkswagens restructuring roadmap, stated that immense pressure is mounting on all stakeholders to hammer out an agreement in...
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Opel Grandland Ranks Third Among Egypt’s Most Registered European Models in JulyThe Opel Grandland ranked third among the most registered European car models in Egypt during July 2026, according to monthly vehicle licensing data, giving the SUV one of the strongest positions among...
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Bugatti Unveils the Destrier: A 1-of-1 Masterpiece Transforming the Bolide into a...Bugatti has officially revealed its latest bespoke creation, the Destrier, marking the third unique commission under the brands highly exclusive Solitaire program. The Destrier takes the Bolide—Bugatti’s most extreme track-focused hypercar—and transforms...
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Automotive Dealers Association Warns of 10–15% Spike in Egypt Car Prices Amid...Osama Abou El-Magd, Head of the Egyptian Automotive Dealers Association, has warned of a potential 10% to 15% increase in car prices across the domestic market in the coming period. The anticipated...
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Automakers Pivot to New Engine Oil Blends Amid Middle East Supply Crisis...Major global automakers, including Volkswagen, Stellantis, and Toyota, are increasingly turning to new blends of engine oils and lubricants to mitigate a severe supply shortage triggered by the ongoing conflict in the...
cyber security
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Arab Security Conference Marks 10th Edition With High-Level Government and Diplomatic ParticipationThe Arab Security Conference (ASC) is set to mark a decade on the regional cybersecurity calendar when its 10th edition convenes in Cairo on September 27–28, 2026, bringing together senior government officials,...
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Apple Security Updates Fix 29 Vulnerabilities in iOS, iPadOS and macOSApple has released iOS 26.6.1, iPadOS 26.6.1 and macOS Tahoe 26.6.2, addressing 29 CVE-listed security vulnerabilities affecting WebKit, the operating system kernel and other system components. The company said there is currently...
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Ivanti takes autonomous IT operations to FDC Summit 2026IT teams have spent years reacting to problems after they appear. A device falls out of compliance, an employee opens a support ticket, a patch fails to install or a security issue...
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ExtraHop brings the Agentic SOC to FDC Summit 2026 as cyber defense...Security Operations Centers were built around humans reading alerts, investigating suspicious activity and deciding what to do next. ExtraHop believes that model is reaching its limit. The cybersecurity company is participating in...
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From global technology to local deployment: MCS takes a different role at...The cybersecurity market is full of global vendors promising faster detection, better visibility and more intelligent defenses. But for many organizations, buying the technology is only the beginning. The harder part is...
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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HUAWEI nova 15 Max: A Two-Day Battery and Everything Students Need for...A BatteryThat Lasts Two Full Days: Everything a Student Needs Is in HUAWEI nova 15 MaX The start of the new academic year has coming, students need a phone that keeps up with them throughout the...
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HUAWEI MatePad 12 X Brings All Your Learning and Work Tools Together...HUAWEI has launched the HUAWEI MatePad 12 X in Egypt in time for the back-to-school season, offering students and professionals an experience that combines office productivity, note-taking, precise writing, and laptop-like working...
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Samsung Unveils Galaxy S26 FE: Unlocking the Latest Flagship ExperiencesSamsung Electronics Co., Ltd. today announced Galaxy S26 FE, the newest addition to the Galaxy S26 family and the first in the lineup to launch with One UI 9, bringing users the...
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HUAWEI MatePad 11.5: Integrated Tools for Learning and ProductivityAs students increasingly rely on tablets for studying and completing everyday tasks, HUAWEI is introducing the HUAWEI MatePad 11.5 in Egypt. Launched in time for the back-to-school season, the device combines smart...
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realme C100i Available Across All Channels on August 28 Following the Sell-Out...realme, the world’s fastest-growing smartphone brand in Egypt, has *announced* the successful market debut of the new realme C100i, the 7000mAh Smooth Champion, with 2,000 units selling out on noon in just...
تكنوتايم بالعربي
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الإحصـــــاء : 199.8 % ارتفاعًا فى قيمة الصادرات المصرية إلى الصين خلال...في إطار العلاقات الثنائية المتميزة التى تجمع بين جمهورية مصر العربية وجمهورية الصين الشعبية ، وبحث سبل تعزيز علاقات الشراكة الاستراتيجية بين البلدين فى مختلف المجالات محل الاهتمام المشترك ، فضلاً عن...
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إندرايف” تعزز منظومة الأمان والسلامة وآليات التحقق من هويات السائقين بالاعتماد على...تواصل إندرايف المنصة الرائدة عالميًا في مجال النقل الذكي، والتطبيق الأول في مصر، تعزيز استراتيجيتها الشاملة للسلامة. وتعتمد الشركة في ذلك على آليات متطورة للتحقق من هوية السائقين، ونظم مراقبة ذكية مدعومة...
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إطلاق منظومة التحقق البيومتري الإلكتروني (الهوية الرقمية) لتيسير حصول المواطنين على الخدمات...في إطار استراتيجية الدولة للتحول الرقمي وتعزيز السيادة الرقمية، وتطوير منظومة متكاملة للتحقق من هوية المستخدمين بما يضمن حماية بياناتهم الشخصية وتيسير حصولهم على الخدمات الرقمية، أتاحت وزارة الاتصالات وتكنولوجيا المعلومات وبالتعاون...
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أورنچ مصر تطلق «التحقق الرقمي» لشراء وتفعيل وإدارة الخطوط للأفراد والشركاتفي خطوة تعكس ريادة أورنچ مصر في تطوير تجربة العملاء وتوسيع نطاق الخدمات الرقمية، أعلنت الشركة إطلاق حزمة متكاملة من الخدمات الرقمية الجديدة للأفراد وقطاع الأعمال، تتيح تنفيذ عدد من الإجراءات الرئيسية...
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من الاكتشاف إلى التملك، أربعة شركات رائدة تتعاون لتقديم مفهوم جديد لـ»...شراكة بين كل من وبلتون للتمويل العقاري، بروبرتي فايندر، كولد ويل بانكرمصر، والأهلي صبور للمرة الأولى في مصر لتقديم مفهوم متكامل لـ Open House، تجمع بين اكتشاف العقارات، واختيار الوحدة المناسبة، والتعرف...



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