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Egypt Targets $6 Billion in Outsourcing Exports and 15 Million Locally Manufactured...Raafat Hindi announced that Egypt is targeting $6 billion in digital outsourcing exports during 2026, alongside plans to increase locally manufactured mobile phone production to more than 15 million devices by the...
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LG Electronics installs large-scale LED display solutions at Frankfurt Airport Terminal 3LG Electronics installs large-scale LED display solutions at Frankfurt Airport Terminal 3 LG Electronics has announced the installation of its large-scale commercial LED display solutions at Terminal 3 of Frankfurt Airport, marking...
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GlobalCorp Executes Egypt’s Largest Mortgage Securitization Issuance at EGP 3.31 BillionGlobalCorp Financial Services announced the successful completion of the largest mortgage securitization issuance in the history of the Egyptian market, valued at EGP 3.31 billion, through its subsidiary Ollin Mortgage Finance. The...
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Cairo Conference Highlights Protection and Rights Access for Mothers and Children in...Samusocial International Egypt hosted a major conference in Cairo under the title “Protection and Access to Rights for Mothers and Children in Street Situation,” bringing together government representatives, development organizations, NGOs, and...
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The Off-World Cloud: Tech Giants Pivot to Space-Based Data Centers to Fuel...As earth-based data centers face severe power grid constraints and soaring cooling costs driven by generative AI, the technology sector is aggressively exploring a vertical solution: Space-Based Data Centers. Elite tech and...
TechnoTime Emirates
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UAE Gold Sector Expands to 6,213 Companies and 53 Refineries Amid Strong...The UAE’s gold industry continues to strengthen its global standing, with the country now home to 6,213 companies operating across the gold and precious metals sector, in addition to 53 gold refineries,...
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Dubai Real Estate Transactions Hit AED 6.28 Billion in One Day Amid...Dubai’s real estate market recorded exceptionally strong activity this week, with total property transactions soaring to AED 6.28 billion in a single day, driven primarily by a sharp rise in large-scale mortgage...
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UAE Banking Sector Assets Exceed AED 5.55 Trillion in Q1 2026The UAE banking sector continued its strong growth trajectory during the first quarter of 2026, with total banking assets surpassing AED 5.55 trillion by the end of March, reinforcing the country’s position...
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Empower Reports AED 208 Million Net Profit in Q1 2026 as Revenue...Emirates Central Cooling Systems Corporation PJSC (Empower) reported strong financial results for the first quarter of 2026, posting net profit after tax of AED 208 million, marking a 44% year-on-year increase compared...
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Dubai Homeowners Holding Properties Longer, Matching Ownership Trends in London and New...Homeowners in Dubai are increasingly holding onto their properties for longer periods, with ownership patterns now resembling those seen in major global cities such as London and New York, according to a...
Business
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Raya Smart Buildings and Lars Developments Launch New “EDGE Innovation Center” Branch...Raya Smart Buildings and Lars Developments announced the launch of a new branch of “EDGE Innovation Center” at Cove Mall in New Cairo, marking the third expansion for the brand following the...
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Mamp;P Group to Host Mosaic International Strategic Affairs Forum in Cairo Alongside...M P Group announced that it will host the seventh edition of the Mosaic International Strategic Affairs Forum in Cairo from 3 to 5 June 2026, coinciding with the group’s 10th anniversary...
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Egypt’s Food Exports to Saudi Arabia Surge 15.3% in 2025, Reaching $563.8...Egypt’s food processing industry is witnessing a robust expansion in the Gulf, with exports to Saudi Arabia hitting $563.8 million in 2025, up from $489.1 million in 2024. According to the Egyptian...
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Korra Energy and Investment to Float 11% Stake on the Egyptian Exchange...Korra Energy and Investment Projects announced plans to offer 11% of its shares on the Egyptian Exchange, in a strategic move aimed at supporting the company’s expansion plans and strengthening its position...
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Egypt Targets 6% GDP Growth via Domestic Savings and Digitalized Investment Reforms,...In a comprehensive briefing to the House of Representatives’ Economic Committee, Egypt’s Minister of Investment and Foreign Trade, Dr. Mohamed Farid Saleh, outlined a multi-faceted roadmap to revitalize the national economy. The...
Technology
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MCIT Joins Digital Safety Awareness Session for Children with Supreme Council of...MCIT Joins Digital Safety Awareness Session for Children with Supreme Council of Culture The Ministry of Communications and Information Technology (MCIT) has participated in an awareness session on childrens digital safety,...
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Dubai-Based Lyrie ai Emerges from Stealth with $2M Seed Funding to Secure...Lyrie ai, an autonomous cybersecurity platform headquartered in the United Arab Emirates, announced it has raised $2 million in a seed funding round as it officially emerges from stealth mode. The capital...
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Microsoft Patches Critical Vulnerability in Teams App on Android Targeting Enterprise DataMicrosoft Corporation has announced the mitigation of a severe security vulnerability discovered within its Microsoft Teams application for Android devices. The exploit could allow malicious actors to spoof device identities and manipulate...
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stc Bahrain Becomes Nation’s First Telecom to Launch Mastercard’s ”Click to Pay”...stc Bahrain, a leading digital enabler, announced the official launch of Mastercard’s Click to Pay service, becoming the first telecommunications operator in the Kingdom of Bahrain to deploy this secure and seamless...
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Malta Partners with OpenAI to Provide Free Annual ChatGPT Plus Subscriptions to...In an unprecedented global initiative, the Government of Malta, in collaboration with OpenAI, has announced the launch of a national program providing free one-year ChatGPT Plus subscriptions to all residents in the...
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Tunisian InsurTech Startup EYST Technology Secures Six-Figure Funding from 216 CapitalTunisian InsurTech startup EYST Technology has secured a new six-figure investment from venture capital firm 216 Capital in a recent funding round, reflecting growing regional and international interest in digital solutions tailored...
Smart cities
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Raya Smart Buildings and LARZ Developments Open New “EDGE Innovation Center” Branch...“Raya Smart Buildings” and “LARZ Developments” Announce the Opening of a New Branch of “EDGE Innovation Center” at Cove Mall in New Cairo Following the opening of EDGE’s second branch in the...
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Egyptian-Emirati Alliance Launches VIE COMMUNITIES with Investments Exceeding EGP 150 BillionA major Egyptian-Emirati real estate alliance has officially launched VIE COMMUNITIES, unveiling an ambitious investment strategy targeting Egypt’s rapidly expanding property market through projects exceeding EGP 150 billion in New Cairo. Strategic...
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ALMA Developments CEO Calls for Institutional Integration to Safeguard Egypt’s Real Estate...Eng. Mohamed Salah El-Hady, CEO of ALMA Developments, has identified a critical turning point for the Egyptian real estate market, asserting that the sector’s rapid expansion necessitates a robust regulatory framework and...
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TMG Holding’s ”The Spine” Hits EGP 30 Billion in Sales Within 18...Talaat Moustafa Group (TMG) Holding, Egypt’s leading real estate developer, has announced a historic launch for its latest mega-project, The Spine. Since sales commenced on April 20, 2026, the project has generated...
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Orascom Development’s O West Signs Exclusive Sponsorship Agreement with Squash Champion Hania...O West, the flagship development by Orascom Development, has announced the signing of an exclusive sponsorship agreement with Egyptian squash champion and professional player Hania El Hammamy. Under the three-year agreement, O...
Banks
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QNB Egypt Becomes First Bank in Egypt to Earn Dual ISO CertificationQNB Egypt announced that it has obtained the internationally recognized ISO 9001:2015 and ISO 10002:2018 certifications, becoming the first financial institution in Egypt to secure both accreditations through a single integrated audit...
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EGBANK Total Assets Rise to EGP 158.3 Billion in Q1 2026 as...The periodic condensed consolidated financial statements of the Egyptian Gulf Bank (EGBANK) revealed that total assets rose to EGP 158.357 billion by the end of March 2026, compared to EGP 142.556 billion...
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ADIB-Egypt Signs Strategic Partnership with ElTawkeel.com to Digitalize Auto Finance EcosystemAbu Dhabi Islamic Bank - Egypt (ADIB-Egypt) announced the signing of a strategic partnership agreement with ElTawkeel.com, an integrated digital automotive services platform in Egypt. The collaboration aims to develop the digital...
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Faisal Islamic Bank of Egypt’s Q1 2026 Net Profit Soars 232.5% to...Standalone financial statements released by the Faisal Islamic Bank of Egypt for the first quarter ending March 31, 2026, revealed a 232.5% year-on-year surge in net profit after tax, reaching EGP 2.931...
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Hisham Okasha: Artificial Intelligence Is Reshaping Risk Management and Transforming It into...Hisham Okasha, CEO of Banque Misr, said artificial intelligence is fundamentally transforming the future of banking risk management, shifting its role from a traditional oversight function into a strategic partner supporting sustainable...
Fin tech
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Mastercard Expands African Footprint with Strategic Entry into Mozambique’s Cash-Dominant MarketMastercard has announced a new operational expansion into the Mozambican market, marking another step in its broader strategy to capitalize on the accelerating transition toward digital financial services across the African continent....
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Fawry’s MSME Loan Portfolio Grows 35.1% to Exceed EGP 3.14 Billion in...Fawry for Banking Technology and Electronic Payments announced sustained strong momentum across its micro, small, and medium enterprise (MSME) lending activities. The company’s total outstanding loan portfolio crossed EGP 3.144 billion by...
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Valmore Holding Reports $166M Q1 2026 Revenues; Net Profit from Continuing Operations...Valmore Holding Group, listed on the Egyptian and Kuwaiti stock exchanges, announced its consolidated financial and operational results for the first quarter of 2026, delivering strong performance driven by the development of...
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Fawry’s Financial Services Revenue Surges 73.9% to EGP 800.5 Million in Q1...Fawry for Banking Technology and Electronic Payments announced that its financial services sector generated revenues of EGP 800.5 million during the first quarter of 2026, marking a 73.9% annual growth compared to...
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Fawry’s Banking Services Revenue Climbs 29.8% to EGP 924.1 Million in Q1...Fawry for Banking Technology and Electronic Payments announced that its banking services sector generated revenues of EGP 924.1 million during the first quarter of 2026, marking a 29.8% annual growth compared to...
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Fawry Reports Strong Q1 2026 Results as Revenues Climb 34.3% to EGP...Fawry for Banking Technology and Electronic Payments reported a robust financial and operational performance for the first quarter of 2026, driven by growth across financial services, banking services, supply chain solutions, and...
Cars
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FutureTECH by Raya and XPENG Conclude Egypt’s First EV-Focused Accelerator ProgramFutureTECH by Raya, the innovation arm of Raya Holding, has successfully concluded its inaugural accelerator program dedicated to the Electric Vehicle (EV) and smart mobility sector. In partnership with Raya Auto (the...
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School Mobility Unicorn Zūm Hits $1.7B Valuation Following $100M Strategic InvestmentZūm, the AI-driven leader in modern student transportation, has secured $100 million in a new strategic funding round, catapulting its valuation to $1.7 billion. This latest injection brings the company s total...
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Tesla Deploys Fully Autonomous Robotaxis in Dallas and Houston Ahead of Q1...Tesla Inc. has officially launched its fully autonomous robotaxi service in Dallas and Houston, marking its first major expansion outside of Austin and the San Francisco Bay Area. This strategic move comes...
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China Tightens Grip on Autonomous Driving Tests Following Baidu ”Apollo Go” Incident...Chinese regulatory authorities have issued new directives mandating comprehensive safety reviews for all smart and connected vehicle testing across the country. The move comes in response to a widely publicized technical glitch...
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Lucid Group Secures $750M in New Funding; Partners with Uber to Deploy...Lucid Group has announced a major capital infusion and a strategic expansion of its partnership with Uber, backed by an additional investment from Ayar Third Investment Company, a subsidiary of Saudi Arabia...
cyber security
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Kaspersky shares 5-step safety action plan on what to do when you...As the major sport and music events kick off and holiday travel peaks, the rate of lost and stolen phones spike. But when your device vanishes – in a crowded stadium, a...
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Kaspersky discovers vulnerability in Qualcomm Snapdragon chips that can lead to data...Kaspersky ICS CERT discovered a hardware-level vulnerability affecting Qualcomm chipsets that are widely used in a range of consumer and industrial devices, including smartphones and tablets, car components, IoT devices and more....
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Online scam exposure remains widespread in Egypt despite high levels of self-assurance,...Kaspersky recent survey highlights considerable gap between consumers confidence in identifying online scams and their actual exposure to cyber threats. According to the findings, 28% of respondents in Egypt reported encountering an...
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Kaspersky warns of digital medicine risks on the occasion of World Health...On World Health Day, Kaspersky warns of risks tied to the digitization of healthcare and use of telemedicine. Recent incidents show that medical services can be breached, and as a result, medical...
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Kaspersky Links Coruna Exploit Kit to Updated Operation Triangulation FrameworkKaspersky has revealed that the recently identified Coruna exploit kit is a direct and updated iteration of the framework used in the highly sophisticated Operation Triangulation cyber-espionage campaign, according to new findings...
Markets
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Convoy Real Estate Development continues to strengthen its position in the Egyptian...Convoy Real Estate Development continues to solidify its position in the Egyptian real estate market by offering a comprehensive real estate experience that combines prime locations, diverse projects, and high-quality construction, along...
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Sky Innovo Developments launches Park St. Signature… Office units with an integrated...Sky Innovo Developments, the developer of Citystars Park St., has announced the launch of Park St. Signature, the first phase of the project. This phase is a fully integrated business complex designed...
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Amin Siraj: The real estate market needs a unified entity that ensures...Eng. Amin Serag, Managing Director of Hyde Park Real Estate Development, affirmed that the proposal to establish a unified entity for real estate developers represents a significant step towards reorganizing the Egyptian...
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The Minister of Housing discusses with her Omani counterpart ways to enhance...On the sidelines of her participation in the 13th session of the World Urban Forum in Baku, Azerbaijan, held from May 17-22, 2026, under the theme Housing the World: Safe and Resilient...
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Cornerstone Development fulfills its commitments and will fully deliver The Curve in...Cornerstone Development is preparing to deliver its project, The Curve, in the New Administrative Capital this year, reflecting the companys commitment to fulfilling its contractual obligations and delivering units on time and...
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Arabesque Development plans to launch two new projects in the coming period.Dr. Abdel Hamid El-Wazir, Chairman of the Board of Directors of Arabesque Real Estate Development Company, confirmed that the company is preparing to launch two new projects in the coming period. The...
Ai
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Facebook ranks worst for online harassmentA new global survey has found Facebook to be the leading platform for online abuse targeting land and environmental defenders, with over 90 percent of respondents reporting some form of digital harassment....
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Madrid puts a stop to screens in classroomsThe Community of Madrid has decided to set limits on screen use in the earliest stages of education. The new decree, which will come into effect in the 2025/26 academic year, introduces...
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More than 600,000 accounts linked to predatory behavior-cnbc- on Wednesday introduced new safety features for teen users, including enhanced direct messaging protections to prevent exploitative content. Teens will now see more information about who they re chatting with, like...
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Dubai launches world’s first icon classification for Human–Machine Collaboration for AI transparencyDubai launches world s first icon classification for Human Machine Collaboration for AI transparency Dubai has launched the world s first Human-Machine Collaboration Icons - a system that makes visible the invisible,...
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YouTube wipes out thousands of propaganda channels linked to China, Russia, othersGoogle announced Monday the removal of nearly 11,000 YouTube channels and other accounts tied to state-linked propaganda campaigns from China, Russia and more in the second quarter. The takedown included more than...
Mobiles
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Huawei Reasserts Global Dominance with ”All-Scenario Intelligence” Launch in BangkokIn a high-impact global event themed Now Is Your Spark, Huawei officially unveiled its latest suite of flagship and ecosystem products, signaling a strategic push toward All-Scenario Intelligence. The launch featured the...
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realme rolls out “Real Champion” activations across Egyptian universities to inspire student...realme announced the successful launch of its “Real Champion” activation across two of Egypt’s leading universities: Cairo University from April 22 to 23, and Ain Shams University from April 27 to 28....
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HONOR Announces Pre-Orders for HONOR 600 Series, Redefining Flagship-Level Performance in Its...With a 200MP AI Night Camera, Snapdragon flagship performance, AI Image to Video 2.0, and all-day battery life, HONOR elevates the premium mid-range experience HONOR, a global AI device ecosystem company,...
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UNESCO and vivo Transform Mobile Phones into ”Digital Observatories” for Egyptian Youth...In a significant boost to Egypt’s environmental storytelling, UNESCO and vivo Egypt successfully hosted a capacity-building workshop at Alexandria University. Part of the global initiative Capture the Future, the event trained nearly...
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HUAWEI Band 11 Series Launches with HUAWEI Band 11 Series Launches with...HUAWEI announced the launch of the HUAWEI Band 11 series in the Egyptian market, introducing its latest generation of smart fitness bands that combine minimalist design with advanced technologies for independent health...
تكنوتايم بالعربي
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رئيس مجموعة باساب: الذكاء الاصطناعي أصبح جزءًا أساسيًا من منظومة التصنيع بالمجموعةكشف المهندس شريف الصياد، رئيس مجموعة باساب، عن بدء تطبيق تقنيات الذكاء الاصطناعي داخل المصانع التابعة للمجموعة، بهدف رفع كفاءة التشغيل وتحسين تقييم الأداء داخل خطوط الإنتاج. وقال، إن المجموعة بدأت استخدام...
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الصياد: نستهدف تصنيع سيارة كهربائية للشباب بسعر 500 ألف جنيهقال المهندس شريف الصياد، رئيس مجموعة باساب، أن المجموعة تعمل حاليًا على دراسة تصنيع سيارة كهربائية صغيرة مخصصة للشباب، بسعر يستهدف الوصول إلى نحو 500 ألف جنيه، في إطار التوسع في وسائل...
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شركة الأمل الشريف للبلاستيك بروتوكول تعاون مشترك مع شركة النصر للتصدير والاستيراد...في إطار تعزيز التعاون الإقليمي ودعم التوسع في الأسواق الإفريقية، وقّعت شركة الأمل الشريف للبلاستيك بروتوكول تعاون مشترك مع شركة النصر للتصدير والاستيراد (جسور) وذلك بهدف توحيد الجهود في مجالات التصنيع والتسويق...
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PayTabs تستحوذ على TAPn’GO لتعزيز المدفوعات اللاتلامسية في المنطقةأعلنت مجموعة PayTabs، إحدى شركات قائمة Future 100 والرائدة الحائزة على جوائز في مجال تنسيق الدفع في منطقة الشرق الأوسط وشمال إفريقيا، اليوم عن إتمام صفقة استحواذ كبرى أخرى. حيث استحوذت على...
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مصر تطلق النسخة الخامسة من جائزة مصر للتميز الحكومي بـ 15 فئة...أعلنت جائزة مصر للتميز الحكومي عن إطلاق دورتها الخامسة لعام 2026في إطار مواصلة دعم جهود الدولة المصرية لترسيخ مبادئ التميز المؤسسي، ورفع كفاءة المؤسسات العامة، وتطوير الخدمات الحكومية، وتسليط الضوء على الكوادر...