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TechnologyNews
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UK Telecom Networks Risk Falling Behind in Global AI Infrastructure RaceBritain risks losing ground in the global artificial intelligence infrastructure race as delays in upgrading telecom networks raise concerns that the country’s internet and mobile systems may struggle to handle the surge...
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Saudi Arabia and Syria Establish Joint Bank to Drive Investments and ReconstructionSaudi Arabia and Syria have established a joint bank to facilitate financial transfers and cross-border investments, marking a significant step toward strengthening bilateral economic relations and boosting Saudi corporate participation in Syrias...
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Bank of Canada Expected to Hold Interest Rate at 2.25% Amid Trade...The Bank of Canada is widely expected to hold its benchmark interest rate at 2.25% during its upcoming September meeting, amid an escalating trade war with the United States and lingering uncertainty...
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Egypt’s FRA Amends Insurance Brokerage Rules to Boost Flexibility and Prevent Conflicts...The Board of Directors of the Financial Regulatory Authority (FRA), chaired by Dr. Islam Azzam, has issued a decree amending certain provisions of the professional rules and standards for registering and practicing...
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Airbus Explores Sale of US Space Business Amid Push for European Satellite...Airbus is considering the sale of its space activities in the United States as the Franco-German aerospace manufacturer focuses on forging a leading European satellite powerhouse through a three-way merger. According to...
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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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...
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Riyadh Air and Saudia Launch Historic Codeshare Agreement in Major Aviation MilestoneRiyadh Air, the Kingdoms new national carrier and a Public Investment Fund (PIF) company, alongside Saudia, has officially launched the first phase of their strategic cooperation agreement. This pioneering partnership marks a...
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MSX-Listed Companies Net Profits Surge 26% to 1.2 Billion OMR in H1The net profits of public joint-stock companies listed on the Muscat Stock Exchange (MSX) surged to approximately 1.2 billion Omani Rials (OMR) during the first half of this year, compared to 949.8...
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Tencent Cloud Lands Major Saudi Logistics Workload as TruKKer Moves to Local...Tencent Cloud is taking another step deeper into Saudi Arabia’s enterprise technology market, signing a partnership with digital freight platform TruKKer that will move the logistics company’s platform onto Tencent’s local cloud...
Technology
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China’s CXMT to Power Xiaomi 18 Fold with Next-Gen LPDDR6 DRAM ChipsChina’s ChangXin Memory Technologies (CXMT) is set to supply its latest LPDDR6 DRAM chips for Xiaomis upcoming foldable smartphone, the Xiaomi 18 Fold. The move highlights the rapid progress of Chinas semiconductor...
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US Dominates Global Fintech Investment in H1 2026 with $80.8 Billion, KPMG...The United States continued to dominate the global fintech investment landscape in the first half of 2026, capturing $80.8 billion and accounting for the lions share of capital flows into the sector...
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WhatsApp Develops New To You Smart Filter to Streamline Mentions and Replies...WhatsApp is currently developing a new smart filter for its chat list on Android devices, enabling users to quickly access conversations where they have been mentioned or directly replied to. Dubbed To...
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China’s Top Memory Chipmaker ChangXin Sues Pentagon Over Military Blacklist DesignationChangXin Memory Technologies (CXMT), Chinas largest memory chip manufacturer, has filed a lawsuit against the US Department of Defense (Pentagon), challenging its inclusion on a blacklist of companies Washington alleges assist the...
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China’s Data Industry Hits $1 Trillion in 2025 Amid AI BoomChinas data industry continued its rapid expansion throughout 2025, fueled by the increasingly vital role of data in driving the accelerated growth of the artificial intelligence (AI) sector. The figures were released...
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OpenAI Blocks AI Access for SpaceX-Owned Cursor Amid Escalating Feud with Elon...OpenAI announced on Friday its intention to block access to its artificial intelligence models for Cursor, the coding tool company now owned by Elon Musks SpaceX. The move marks a fresh escalation...
Smart cities
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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...
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Bonyan’s Real Estate Portfolio Reaches EGP 16.5 Billion as H1 Operating Cash...Bonyan for Development and Trade increased the value of its real estate investment portfolio to EGP 16.51 billion by the end of June 2026, while stronger rental collections and asset sales helped...
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Talaat Moustafa Group (TMG) Targets $18.8 Billion in Sales from New Baghdad...Talaat Moustafa Group Holding (TMG) aims to generate approximately $18.8 billion in cumulative sales from its upcoming integrated urban project in Baghdad, Iraq. This landmark development highlights the Groups ambitious regional expansion...
Banks
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Foreign Currency Exchange Rates in Egypt on Saturday, August 29, 2026Foreign exchange markets in Egypt reflect the latest currency values against the Egyptian Pound (EGP), with the US Dollar trading at 50.17 EGP for buyers. CurrencyBuying Price (EGP)Selling Price (EGP) US Dollar...
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Gold and Silver Prices in the Egyptian Market on Saturday, August 29,...Gold and silver rates in Egypt continue to reflect current market dynamics, with the widely traded 21-karat gold recording 6,350 EGP for buyers. Asset / KaratBuying Price (EGP)Selling Price (EGP) 24-Karat Gold7,2577,234...
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Egypt’s Gold Fund Market Is Growing Fast — Here’s How Retail Investors...Buying gold in Egypt no longer necessarily means walking into a jewellery store, choosing a bar or coin and finding somewhere safe to keep it. A rapidly expanding market for regulated gold...
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SAMA Seeks Public Consultation on Draft Rules for Supply Chain FinanceThe Saudi Central Bank (SAMA) has released the draft Rules for Practicing Supply Chain Finance for public consultation, inviting feedback and insights from experts and stakeholders via the National Competitiveness Center’s Istitlaa...
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Fed Governor Lisa Cook Rejects White House Mortgage Fraud Allegations, Asserts Trump...Federal Reserve Governor Lisa Cook firmly rejected renewed White House allegations of mortgage fraud on Wednesday, maintaining that President Donald Trump lacks any legal authority or statutory basis to remove her from...
Fin tech
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KashNow Shifts From Consumer Fintech App to Integrated Financial Platform for BusinessesKashNow is reshaping its business model around corporate financial services, moving beyond its origins as a digital finance app toward a broader platform that combines payments, payroll, enterprise software and access to...
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Egypt’s FRA Clears New eFinance Holding Company for Financial ServicesEgypt’s Financial Regulatory Authority has approved the establishment of eFinance Holding for Financial Services, opening the door for the eFinance group to deepen its exposure to non-banking financial activities through a new...
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Egypt’s FRA Grants 7 New Approvals Across Non-Banking Financial Sectors to Accelerate...Egypt’s Financial Regulatory Authority (FRA), chaired by Dr. Islam Azzam, has issued official approvals to seven companies and entities to launch or expand diverse non-banking financial services (NBFS). The sweeping approvals underscore...
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Egypt’s FRA Approves Aman Consumer Finance to Add Mortgage Lending to Non-Banking...The Financial Regulatory Authority (FRA), chaired by Dr. Islam Azzam, has granted official approval to Aman Consumer Finance to incorporate mortgage financing into its licensed non-banking financial activities. The move significantly expands...
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Visa Executes First Live International Payment Transaction in Syria, Marking Milestone in...Global digital payments giant Visa has successfully processed its first live international payment transaction in Syria. The breakthrough represents a pivotal milestone in ongoing efforts to modernize the country’s financial infrastructure and...
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Bill Ackman’s Pershing Square Injects $3.3 Billion into Visa, Mastercard, and Samp;P...Bill Ackman’s hedge fund firm, Pershing Square Capital Management, has deployed approximately $3.3 billion across three cornerstone global financial infrastructure giants—Visa, Mastercard, and S P Global—marking one of the firms most aggressive...
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 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...
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Xiaomi Unveils In-House Xring O3 Chipset on TSMC 3nm Node to Power...Chinese smartphone giant Xiaomi unveiled on Monday a new iteration of its custom, in-house mobile processor, the Xring O3. The strategic release reinforces the companys bet that greater vertical control over silicon...
تكنوتايم بالعربي
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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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بنك أبوظبي التجاري يمنح تمويلاً لمجموعة التنمية الصناعية IDG للمساهمة في إقامة...وقّع بنك أبوظبي التجاري - مصر عقد تمويل لصالح مجموعة التنمية الصناعية IDG ، وذلك لمنح تسهيل ائتماني بقيمة 618 مليون جنيه مخصص لتمويل المجمع الصناعي الذي تنشئه الشركة في منطقة أكتوبر...