News
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Taqa Arabia Approves EGP 1.4B Petroleum Storage Depot in Greater CairoThe Board of Directors of Taqa Arabia has approved the establishment of a petroleum products storage depot in Greater Cairo, with an estimated investment cost of approximately EGP 1.4 billion, executed through...
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Global LNG Supply Rises in July Amid Hormuz Bottlenecks and Egypt Import...Global liquefied natural gas (LNG) supplies climbed in July, but the market continues to grapple with headwinds stemming from Middle East instability and shipping bottlenecks through the Strait of Hormuz. The supply...
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US Dollar Edges Down Against Egyptian Pound Amid Record Expatriate RemittancesThe US dollar recorded a slight decline against the Egyptian pound on Sunday, September 6, 2026, according to the latest updates from state-owned and private banks across Egypt. Egyptians closely track foreign...
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Egypt Gold Prices Edge Lower in Early Trading Tracking Global Market PressureGold prices in Egypt recorded a relative decline in early trading on Sunday, September 6, 2026, compared to closing levels at the end of last week. Globally, gold posted slight weekly losses...
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U.S. Gas Prices Set to Surpass $4 a Gallon Over Labor Day...The average price of gasoline in the United States is poised to exceed $4 per gallon over the Labor Day holiday weekend, driven by climbing energy costs fueled by conflict in the...
TechnoTime Emirates
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91% of UAE Professionals Plan to Stay as LinkedIn Finds a Workforce...The UAE is retaining an unusually high share of its professional workforce, with 91% of professionals saying they intend to continue living and working in the country over the next six to...
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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...
Business
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FEI’s African Cooperation Committee Discusses Export Opportunities and New Markets with Egypt’s...The African Cooperation Committee of the Federation of Egyptian Industries (FEI), chaired by Dr. Sherif El-Gabaly, held a meeting with several Egyptian ambassadors to African nations to explore mechanisms for enhancing economic...
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Ready-Made Garments Chamber Launches AlignVET Project to Adopt European Standards in Technical...The Ready-Made Garments and Home Textiles Industry Chamber at the Federation of Egyptian Industries has participated in workshops and events held in Sweden as part of the AlignVET project. The initiative aims...
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AI Semiconductor Boom Drives South Koreas Exports Past 2025 Total by September,...South Koreas year-to-date exports through early September have surpassed $709.4 billion, eclipsing the countrys total exports for the entirety of 2025 ($709.3 billion), propelled by robust and sustained global demand for AI-related...
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Sakkary Machinery Targets 100 Egyptian Factories With New Production Investment ProgramEgyptian industrial equipment specialist Sakkary Machinery is targeting 100 existing and planned factories in the first phase of a new initiative designed to improve how manufacturers choose machinery and invest in production...
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KEPCO Proposes $18B Advance Electricity Payment from Samsung and SK Hynix to...State-run utility Korea Electric Power Corporation (KEPCO) has proposed that semiconductor giants Samsung Electronics and SK Hynix pay roughly 25 trillion won ($18 billion) upfront for electricity supplies through 2031, aiming to...
Technology
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Saudi Arabia Bets on the Data Economy: New Municipal Regulations for Commercial...Saudi Arabia Bets on the Data Economy: New Municipal Regulations for Commercial Data Centers As data becomes one of the most vital assets in the digital economy and global investments in artificial...
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OpenAI Says AI Agents Used Wiki Sites as Temporary Message BoardsOpenAI stated on Saturday that its artificial intelligence agents used wiki websites as temporary message boards, adding that there is a need for greater transparency regarding such incidents. The statement followed a...
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Toronto Cements Status as a Leading North American Hub for AI and...The Canadian city of Toronto has transformed into one of North Americas premier hubs for artificial intelligence talent and technology. This evolution is driven by a decades-long academic legacy, mounting investments from...
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Japan Eyes $60 Billion Investment to Quadruple AI Data Center Capacity by...Japan is set to increase its artificial intelligence (AI) data center capacity by more than fourfold over the next eight years, with investment plans estimated at approximately $60 billion for new facilities....
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AI Giant Anthropic Delays Marketing for Record-Breaking IPO to Mid-OctoberUS artificial intelligence firm Anthropic is moving to delay the marketing launch of its initial public offering (IPO) until mid-October at the earliest, according to informed sources. The shift postpones one of...
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ICT Minister Discusses Integrated Data Center and AI Hub Project with Heka...Minister of Communications and Information Technology Raafat Hendy has met with a delegation from data center developer Heka Data and a U.S. consortium of data center developers, led by Chairman of Heka...
Smart cities
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City Edge Developments Signs MoU with Modon Misr for Facility Management in...City Edge Developments has signed a Memorandum of Understanding (MoU) with Modon Misr Asset and Facilities Management to provide integrated facility management and security services across several of City Edge’s developments in...
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Egypts Housing Ministry Opens Reservations for 25,000 Rent and Rent-to-Own UnitsThe Egyptian Ministry of Housing has announced the opening of reservations for 25,000 new housing units under rent and rent-to-own systems, starting from September 20 to October 28, 2026. This step aligns...
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Beyond the Traditional Down Payment: How Madinet Masr Is Trying to Rewrite...For decades, buying property in Egypt has largely followed the same formula: choose a unit, pay a down payment, sign a contract and commit to installments stretching over several years. Madinet Masr...
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M Squared Targets Up to EGP 8 Billion in 2027 Sales as...Egyptian real estate developer M Squared is targeting contractual sales of between EGP 7.5 billion and EGP 8 billion in 2027, up from around EGP 5 billion targeted this year, as the...
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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...
Banks
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Egypt Prepares Banque du Caire IPO on EGX Following Fair Value Upgrade...The Egyptian government is gearing up to float a stake in Banque du Caire on the Egyptian Exchange (EGX), bolstered by an upward revision in the lenders fair valuation just months ahead...
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ALEXBANK Unlocks €30 Million Lending Pool for Egypt’s Small Farmers Under EU-Backed...Cairo, September 4, 2026 – Small farmers and agricultural microenterprises across Egypt are set to gain wider access to financing under a new agreement between ALEXBANK and Italy’s Cassa Depositi e Prestiti...
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Mashreq Launches AED 5,000 Cashback for Digital Mortgages as Dubai Real Estate...Mashreq, a leading financial institution in the MENA region, has launched a limited-time promotional campaign offering a fixed AED 5,000 cashback for homebuyers who secure mortgage financing through the banks digital channels....
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US Dollar Ticks Up Against Egyptian Pound as Annual Expatriate Remittances Hit...The US Dollar recorded slight gains against the Egyptian Pound (EGP) across major state-owned and private commercial banks on Thursday, September 3, 2026. Domestic markets continue to closely monitor foreign exchange movements...
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Standard Chartered Launches Institutional Spot Crypto Trading for Bitcoin and Ether in...Standard Chartered has officially launched institutional spot trading for Bitcoin and Ether in the United Arab Emirates, operating out of its branch in the Dubai International Financial Centre (DIFC). Regulated by the...
Fin tech
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STC Bahrain Launches ”Bayan” Next-Generation Digital Contact Center at LEAP 2026STC Bahrain announced the launch of Bayan, an integrated next-generation digital contact center, during its participation in the LEAP 2026 conference. The initiative aims to reshape the customer service experience by employing...
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Revolut Bets on 80M Customer Base to Drive Shift into Global Banking...UK fintech giant Revolut is betting on its massive customer base to accelerate its evolution from a digital financial app into a full-fledged global bank, having surpassed 80 million users across 40...
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Beyond Compliance: How Valu’s EGP 13 Billion AXA Cover Could Strengthen Future...A new insurance policy covering more than EGP 13 billion of Valu’s outstanding consumer finance balances may appear, at first glance, to be primarily about meeting a new regulatory requirement. For Valu,...
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From Egypt to Africa and the Gulf: How eFinance Is Taking Its...For two decades, eFinance built much of its business around one unusually complex assignment: creating and operating digital payment infrastructure capable of connecting governments, businesses and millions of users across Egypt. The...
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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...
Cars
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Volvo ES90 Arrives in Egypt at EGP 3.9 Million as Brand Expands...Volvo is adding a new all-electric flagship sedan to its Egyptian lineup, introducing the ES90 in a single Ultra trim as the Swedish brand expands its presence in the country’s premium electric...
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Egypt Targets Doubling Local Content in Car Manufacturing to 40% by 2030Egypt is looking to double the share of locally produced components in its automotive industry over the next four years, as the government shifts its focus from attracting vehicle assembly lines to...
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Ford Recalls Over 148,000 Mustangs in the US Over Power Loss and...Ford Motor Company has recalled 148,663 vehicles in the United States due to electrical faults that could lead to a sudden loss of motive power and the failure of critical safety functions,...
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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...
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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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...
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Huawei Unveils the WATCH GT 7 Series and Flagship Products at Global...Huawei hosted the Chase the Wild global product launch event today in Munich, Germany. A sweeping portfolio of new smart wearables, tablets, smartphones, and audio devices were announced underscoring Huaweis vision of...
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Xiaomi Bets on a 7,500mAh Battery as Redmi 17 Lands in Egypt...Xiaomi is expanding its smartphone lineup in Egypt with the launch of the Redmi 17, putting an unusually large 7,500mAh battery at the center of a device that also brings a 120Hz...
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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...
تكنوتايم بالعربي
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بروتوكول تعاون بين ”الرقابة المالية” و”البريد المصري” لإتاحة خدمة ”بريدي” للمراسلات الرسمية...د.إسلام عزام، رئيس الهيئة العامة للرقابة المالية: - تطوير الأطر التنظيمية للأنشطة المالية غير المصرفية قريبًا.. للانتقال من المراسلات الورقية إلى البريد الإلكتروني المسجل - الهيئة على رأس الجهات الداعمة لرقمنة الإجراءات...
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“جوميا” تطلق «جوميا فيستيفال 2026» لتعزيز تجربة التسوق الرقمي للعملاء خلال الفترة...أعلنت جوميا عن إطلاق «جوميا فيستيفال 2026»، لتقديم تجربة تسوق أكثر تنوعًا ومرونة لعملائها، من خلال مجموعة واسعة من العروض والخصومات وخيارات الدفع، وذلك خلال الفترة من 31 أغسطس حتى 13 سبتمبر...
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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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