TechnoTime Emirates
TechnoTime Emirates
TechnoTime Emirates
TechnoTime Emirates
Markets
TechnologyNews
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World Bank Approves $1 Billion Financing Package for Egypt to Support Jobs...The World Bank Group has approved a new $1 billion financing package for Egypt aimed at supporting private sector-led job creation, strengthening macroeconomic stability, and advancing the country’s transition toward a greener...
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MCIT Opens Applications for Digital Egypt Cubs Initiative Summer Program 2026The Ministry of Communications and Information Technology (MCIT) has announced the opening of applications for the 2026 Summer Program of the Digital Egypt Cubs Initiative (DECI), as part of ongoing efforts to...
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Bullion Market Update: 24K Gold Bars and Ounces Hit New Lows as...As gold continues to be a primary vehicle for wealth preservation in Egypt, today’s price drop has directly impacted the valuation of gold bars and coins. According to the latest market data...
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Egypt’s FRA Licenses First Healthcare TPA Under New Unified Insurance LawThe Financial Regulatory Authority (FRA), led by Dr. Islam Azzam, has granted operational licenses to three new entities, marking a significant expansion of Egypt’s non-banking financial sector. Most notably, the FRA approved...
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UAE Ministry of Economy and Hub71 Partner to Strengthen IP Framework and...In a significant move to fortify the UAE’s knowledge-based economy, the Ministry of Economy and Tourism has signed a Memorandum of Understanding (MoU) with Hub71, Abu Dhabi’s global tech ecosystem. Witnessed by...
TechnoTime Emirates
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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...
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Emirates Unveils Special UAE Flag Livery on Iconic Airbus A380Emirates has unveiled a striking new aircraft livery featuring the UAE national flag across the fuselage of its iconic Airbus A380, in a symbolic tribute to national pride and unity. The special...
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UAE Showcases Advanced Labor Governance Model at International Migration Forum in New...The United Arab Emirates showcased its advanced labor market governance model and migrant workforce policies during its participation in the second International Migration Review Forum (IMRF), currently taking place at the United...
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“Make it in the Emirates 2026” Kicks Off in Abu Dhabi with...The fifth edition of the “Make it in the Emirates” platform has officially opened today at the Abu Dhabi National Exhibition Centre (ADNEC), marking the largest industrial gathering in the UAE to...
Business
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Egypt’s EGOTH Targets EGP 2 Billion Net Profit in 2026/2027 Budget Amid...Egyptian General Company for Tourism and Hotels (EGOTH), a subsidiary of the Holding Company for Tourism and Hotels, is targeting net profits of EGP 2 billion during the 2026/2027 fiscal year, as...
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Mastercard Unveils ”Built Small. Moving Strong” Initiative to Bolster SME Resilience Across...Mastercard has launched a landmark regional program, “Built Small. Moving Strong,” designed to empower Small and Medium Enterprises (SMEs) amidst escalating operational challenges and global supply chain disruptions. With SMEs accounting for...
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Egypt’s FRA Licenses ”Misr Reinsurance Brokerage” to Expand Market Capacity and Global...The Financial Regulatory Authority (FRA) has officially granted an operational license to Misr Reinsurance Brokerage, authorizing its entry into the specialized reinsurance brokerage registry. This approval is part of the FRA’s ongoing...
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Egypt’s FRA Authorizes Horizon Securities to Facilitate Investment Fund SubscriptionsThe Financial Regulatory Authority (FRA) has officially licensed Horizon for Securities and Bonds Trading to receive subscriptions for investment fund units. This pivotal approval is part of the FRA’s broader strategy to...
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Egypt’s FRA Licenses First Healthcare TPA Under New Unified Insurance Law to...The Financial Regulatory Authority (FRA) has officially approved the establishment of “Fawry Healthcare – Trimed,” marking the debut of the first dedicated Third Party Administrator (TPA) under the Unified Insurance Law No....
Technology
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Mobile Division Calls on Telecom Operators to Support Distributors Amid Sharp Market...Egypt’s mobile phone trade division has called on telecom operators and smartphone manufacturers to introduce urgent financial incentives and support mechanisms for distributors, amid mounting pressures on the local electronics market following...
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InsurTech Unicorn: Corgi Hits $1.3B Valuation Following $160M Series B Led by...Corgi , the AI-driven commercial insurance startup, has officially reached Unicorn status with a market valuation of $1.3 billion . This milestone follows a successful $160 million Series B funding round...
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HITEK AI Launches SafeNexus.ai: The GCC’s First AI-Powered Platform Tailored for Regional...HITEK AI, the tech-forward arm of the Dubai-based Farnek Group, has officially unveiled SafeNexus.ai, a pioneering AI-driven platform designed to revolutionize Health, Safety, Environment, and Quality (HSEQ) management across the GCC. Unlike...
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Hurghada International Airport Debuts as Regional Hub with First Transit Flight for...Hurghada International Airport successfully processed its first international transit operation under the new Hub Airport framework, welcoming 305 pilgrims from Niamey, Niger, en route to Medina, Saudi Arabia. This milestone marks a...
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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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Anthropic Secures 300MW Compute Power via SpaceX Deal to Supercharge ”Claude” ExpansionIn a move that intensifies the global AI arms race, Anthropic has signed a massive infrastructure agreement with SpaceX to access over 300 megawatts of computing power. The deal centers on SpaceX’s...
Smart cities
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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...
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Tamer Nasser Ranked Among Forbes’ Top 100 Real Estate Leaders as City...Tamer Nasser, CEO of City Edge Developments, has secured the 84th spot on Forbes Middle East’s prestigious Most Influential Real Estate Leaders 2026 list. Since taking the helm in September 2024, Nasser...
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UAE Dominates Forbes Middle East’s 2026 Most Influential Real Estate Leaders ListFor the third consecutive year, Forbes Middle East has unveiled its ranking of the region’s most impactful real estate leaders, highlighting the visionaries shaping the Middle Easts urban future. The UAE continues...
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Yassin Mansour Ranks Among Forbes’ Top 25 Most Influential Real Estate Leaders...Yassin Mansour, Chairman and Group CEO of Palm Hills Developments, has secured the 21st position on Forbes Middle East’s Most Influential Real Estate Leaders list for 2026. This recognition follows a stellar...
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Hisham Talaat Moustafa Ranks 4th in Forbes’ Most Impactful Real Estate Leaders...Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group (TMG) Holding, has been ranked 4th on Forbes Middle East’s prestigious list of the Most Impactful Real Estate Leaders 2026. Under...
Banks
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Doha Bank Unveils Groundbreaking Customer Experience Kiosk (CXK) as Part of ”Himma”...Doha Bank has officially launched its first-of-its-kind Customer Experience Kiosk (CXK), marking a significant milestone in the bank’s digital transformation journey under its Himma strategy. The new interactive kiosk is designed to...
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QNB Group Named ”Emerging Markets Bond Issuer of the Year – Middle...QNB Group, the leading financial institution in the Middle East and Africa, has been honored with the Emerging Markets Bond Issuer of the Year – Middle East award at the inaugural MTN...
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AAIB to Headhunt Top Talent at AUC Employment Fair, Strengthening Egypt’s Future...The Arab African International Bank (AAIB) has confirmed its participation in the prestigious AUC Employment Fair, scheduled for Saturday, May 9, at the ARTOC Sports Court. As one of Egypt’s leading financial...
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Banque Misr Allocates EGP 181 Million to Support Oncology and Bone Marrow...Banque Misr has signed two cooperation protocols with Ain Shams University Hospitals to continue supporting the Ain Shams Integrated Medical City project through funding totaling approximately EGP 181 million. The agreements were...
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Banks in Egypt to Close on May 7 for Labor Day HolidayBanks operating in Egypt will be closed on Thursday, May 7, 2026, in observance of Labor Day, and will resume normal operations on Sunday, May 10, 2026. The closure comes in implementation...
Fin tech
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Startup Sync Sponsors Fifth Edition of Business Lobby to Strengthen Egypt-Saudi Entrepreneurship...Startup Sync, the integrated entrepreneurship platform operating across Egypt and Saudi Arabia, has announced its strategic sponsorship of the fifth edition of the “Business Lobby” event, scheduled to take place on May...
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Enda Tamweel and The Hashgraph Association launch Hedera-powered loyalty program for microfinance...Enda Tamweel, a leading microfinance institution in Tunisia, and The Hashgraph Association, a Swiss-based non-profit advancing digital enablement, innovation, and education across the Hedera ecosystem, announced today the launch of a Hedera-powered...
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GlobalCorp for Financial Services Completes Its First EGP 1 billion Short-Term Bond...GlobalCorp for Financial Services announced the successful completion of its first short-term debt issuance, valued at EGP 1 billion. This issuance represents the first tranche of a broader EGP 2 billion program,...
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Ant International Unveils Open-Source ”gentic Mobile Protocol” to Power AI-Driven Global CommerceAnt International has announced the launch of the gentic Mobile Protocol, an open-source framework designed to accelerate the growth of AI-backed commerce. This groundbreaking protocol marks the world’s first global framework dedicated...
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Stripe Upgrades “Link” Wallet to Support AI Agents, Signaling Shift Toward Autonomous...In a move reflecting the rapid shift toward an automation- and AI-driven economy, Stripe has announced a major upgrade to its digital wallet “Link,” positioning it as one of the first financial...
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Mastercard Reports Surge in Q1 Profits to $3.9 Billion Amid Robust Global...Mastercard has delivered a stellar financial performance for the first quarter of the year, significantly outperforming previous year benchmarks. The global payments giant reported a net profit of $3.9 billion, translating to...
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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Jumia Reports $50.6 Million in Revenue as Losses Narrow in First Quarter...Jumia reported revenues of $50.6 million during the first quarter of 2026, while continuing to reduce losses and improve operational efficiency amid ongoing expansion efforts across its African markets. According to the...
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Huawei Launches Band 11 Series in Egypt: A Leap in AI Fitness...HUAWEI has officially debuted its next-generation fitness tracker, the HUAWEI Band 11 series, in the Egyptian market. The new series sets a new benchmark for wearable technology with the Band 11 Pro...
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Egypt reduces fees for real estate partnership projects on the North Coast...Egypt has reduced fees imposed on real estate partnership projects on the North Coast, after amending the calculation method to apply them to the saleable built-up area instead of the total land...
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K Developments accelerates its growth with the launch of Palencia Plaza, a...As part of its expansion strategy, driven by strong growth rates and ambitious plans to enhance its presence in the Egyptian real estate market, K Developments announced the launch of its latest...
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Real estate developers in Egypt will gather for an exceptional experience at...Continuing its successful track record in the Egyptian market, Red Collaboration has delivered an exceptional experience in real estate alliance formation, offering a unique and innovative approach for the first time in...
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El Mahfouz Developments launches MoQattam Business Complex in a strategic location in...El Mahfouz Developments has announced the launch of its latest project, MoQattam Business Complex, in the heart of the Mokattam district. This strategic move reflects the company s commitment to developing integrated...
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 Bangkok
In 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...