News
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EFG Holding Secures Up to $40 Million EBRD Loan to Expand SME...EFG Holding has secured a loan of up to $40 million from the European Bank for Reconstruction and Development (EBRD) to expand financing for micro, small and medium-sized enterprises (MSMEs) in Egypt,...
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Advancing the Agentic World, Building a Solid Silicon FoundationHUAWEI CONNECT 2026 kicked off today in Shanghai. The first keynote of the date was by David Wang, the Deputy Chairman of the Board and Rotating Chairman at Huawei. In his speech...
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Egypt’s FRA Issues First Egyptian Standards for Valuing Machinery, Equipment and InfrastructureThe Financial Regulatory Authority (FRA), chaired by Dr. Islam Azzam, has issued Egypt’s first national standards for the valuation of machinery, equipment and infrastructure, marking a new step toward establishing a comprehensive...
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Tencent Launches New AI Image Model to Compete with China’s Tech GiantsTencent Holdings has launched Hy Image 3.5 Preview, its latest image-generation model, as the Chinese technology giant seeks to strengthen its position in the increasingly competitive artificial intelligence market. The company said...
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SDGI 2026 Brings Together Global Experts to Advance Sustainable Development Through Integrated...Heliopolis University for Sustainable Development (HU) successfully hosted the second edition of the Sustainable Development for Global Impact (SDGI) Conference 2026, bringing together 279 participants from around the world, including Saudi Arabia,...
TechnoTime Emirates
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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...
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AI and Data Are Pushing Middle East Banks to Redefine the Customer...Artificial intelligence is beginning to change the meaning of customer experience in Middle East banking, as financial institutions move beyond mobile apps and digital self-service toward systems capable of understanding customer behavior,...
Business
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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...
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Hany Salam: We Target $1.291 Billion in Spinning and Textile Exports by...The Export Council for Spinning and Textiles, headed by Engineer Hany Salam, announced that the sectors exports reached approximately $617 million from January through July 2026, despite the challenges facing global trade...
Technology
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Huawei Accelerates AI Infrastructure Push With New Ascend Chips and Million-NPU SuperClusterHuawei has laid out an aggressive roadmap for the next phase of AI infrastructure, unveiling plans for million-NPU computing clusters, new Ascend AI processors and a new generation of SuperPoD systems designed...
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Egypt to Launch National Data Center Strategy by End-2026, ICT Minister Says...Egypt’s Minister of Communications and Information Technology, Raafat Hindi, inaugurated the eighth edition of the FDC Summit, held from September 22 to 24 under the patronage of the Ministry of Communications and...
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Dubizzle Launches Direct Booking Feature for Licensed Holiday Homes in the UAE...Dubizzle, the UAE’s leading digital classifieds platform, has officially launched a native direct booking feature within its Holiday Homes category. This strategic upgrade transforms the user journey from mere property discovery to...
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Former Apple Retail Chief Ron Johnson Says AI Wont Replace the Physical...
Ron Johnson, the executive who spearheaded the creation and development of the Apple Store, believes tech companies are overestimating the capacity of Artificial Intelligence (AI) to fundamentally alter how consumers shop. Despite...
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NVIDIA Expands Footprint in Egypt as Digital Infrastructure Boom Catalyzes Domestic AI...
NVIDIA is accelerating its strategic engagement in Egypt amid rapid expansion across the countrys artificial intelligence ecosystem. The global chipmaker is aligning with local initiatives to deploy hyper-scale data centers and specialized...
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OpenAI Forms Independent Mathematics Advisory Group Amid AI Breakthroughs and Academic ScrutinyOpenAI has announced the formation of a new, independent advisory board comprising leading mathematicians to guide the companys research at the intersection of artificial intelligence and mathematics. Hosted by the Institute for...
Smart cities
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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...
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Sun Pyramids Hotel Renovation Investments Reach $10.84 Million by Mid-2026Sun Pyramids for Hotels and Touristic Projects is actively advancing the comprehensive renovation of the Le Méridien Pyramids Hotel. Driven by ongoing development phases, the total cost of projects under execution for...
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Talaat Moustafa Saudi and PIF-Backed Roshn Sign Preliminary JV to Develop 55,000-Unit...Talaat Moustafa Saudi, the Saudi development arm of Egypt-based Talaat Moustafa Group Holding (TMG), has executed a preliminary agreement with Roshn Group, a multi-asset real estate developer wholly owned by the Public...
Banks
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Banque Misr and National Bank of Egypt Reach Preliminary Agreement to Restructure...Banque Misr and the National Bank of Egypt (NBE) have reached a preliminary agreement to reorganize their banking presence in the United Arab Emirates, subject to the legal and procedural requirements applicable...
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Central Bank of Egypt Withdraws EGP 536.95 Billion in Liquidity Through Open...The Central Bank of Egypt (CBE) withdrew EGP 536.95 billion in liquidity from the banking sector on Tuesday through an open market operation involving 10 banks, with an interest rate of 19.5%....
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Egypt’s Banking Sector Index Falls 0.13% at Start of Tuesday’s Trading SessionThe banking sector index of companies listed on the Egyptian Exchange (EGX) declined by 0.13% during the opening of Tuesday’s trading session, reaching 5,856 points. The banking sector recorded morning trading values...
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US Dollar Holds Steady Against the Egyptian Pound in Egyptian BanksDollar Exchange Rate Remains Stable Against the Egyptian Pound The US dollar remained stable against the Egyptian pound in Egyptian banks on Tuesday, September 22, 2026, with exchange rates showing only limited...
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Egyptian Banking Stocks Post Mixed Performance on the EGXEgyptian banking stocks recorded mixed performance at the close of Monday’s trading session, with Al Baraka Bank Egypt leading the gainers after its share price rose 5.02% to EGP 25.50. The bank’s...
Fin tech
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City Edge Launches Be.Kids at Etapa Square MallCity Edge Developments has signed a strategic partnership with Edraak for Educational Entertainment to launch Be.Kids at Etapa Square Mall in Sheikh Zayed City, with the family entertainment and education concept scheduled...
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Egyptian Fintech octo Joins EBRD’s Star Venture Program to Accelerate GrowthEgyptian digital payments startup octo has officially joined the European Bank for Reconstruction and Development (EBRD) Star Venture program. The intensive 24-month initiative is designed to support high-potential, innovative startups by providing...
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Khazna Targets Saudi Fintech Market With Expanded Financial ServicesKhazna Eyes New Growth Opportunities in Saudi Arabia’s Fintech Market Khazna is expanding its presence in Saudi Arabia as part of a broader strategy to reach underserved customers and provide financial products...
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AI Age Verification for Children on Social PlatformsMohamed Ibrahim, spokesperson for Egypt’s National Telecommunications Regulatory Authority, said digital platforms can use artificial intelligence to verify users’ ages and identify children who enter false ages to bypass social media restrictions....
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Simplex CNC Expands Egypt Operations With Vodafone and Fresh DealsSimplex CNC, a company specializing in the manufacturing and supply of computer numerical control (CNC) machines, has expanded its operations in the Egyptian market through a new partnership agreement with Vodafone Egypt,...
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Souhoola Raises EGP 883 Million Through Third Securitization as Consumer Finance Portfolio...BM Consumer Finance, known as Souhoola, has completed its third securitized bond issuance worth EGP 883 million, turning part of its consumer finance receivables into fresh liquidity as the company looks to...
Cars
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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...
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Nissan Captures 34% of Egypt’s Locally Assembled Car Sales as Sunny Leads...Nissan has strengthened its position at the top of Egypt’s locally assembled passenger car market, capturing 34.1% of sales during the first seven months of 2026, as locally produced models continue to...
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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“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...
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Huawei and Xiaomi Launch Next-Gen Foldables in China Ahead of Apple’s Market...Chinese tech giants Huawei and Xiaomi are preparing to launch their latest foldable smartphones in China on Monday, escalating competition in the premium handset segment just days before Apple is anticipated to...
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Five Reasons You Might Want to Think Twice Before Buying a Samsung...Samsung Galaxy phones are among the most successful Android devices on the market, offering some of the best displays, capable cameras and one of the longest software-support commitments available on a smartphone....
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HUAWEI Collaboration at Valu Café on Triple-Zero Payment Plans for Up to...As part of its continued commitment to its customers and its dedication to sharing important moments and occasions with them, HUAWEI is collaborating with Valu to hold a special event celebrating the...
تكنوتايم بالعربي
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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...
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العقار لم يعد الملاذ الآمن؟.. 7434 وحدة تبحث عن مخرج بـ107.2 مليار...في أقل من شهرين، ظهرت على سطح سوق العقارات في مصر أرقام تفتح الباب أمام أسئلة صعبة حول حقيقة ما يجري داخل السوق، وحول الفجوة بين ما يقال عن الإقبال التاريخي على...



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