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Smart citiesNews
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NIGSD’s Egypt Entrepreneurship and Innovation Center Hosts Financial Management for Startups WorkshopThe Egypt Entrepreneurship and Innovation Center (EEIC), affiliated with the National Institute for Governance and Sustainable Development (NIGSD), organized a specialized workshop titled Financial Management for Startups. Held as part of the...
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European Union Gains New Powers to Enforce Landmark AI Act and Fine...Starting Sunday, the European Union will officially gain the authority to enforce its landmark Artificial Intelligence (AI) rules and impose fines on companies that violate the law. The EU boasts one of...
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Iraqi Oil Minister Visits Turkey to Sign One-Year Agreement for Sustaining Exports...The Iraqi Ministry of Oil disclosed on Saturday the key objectives behind its minister’s visit to Turkey at the helm of an official government delegation. The ministry indicated that the primary goal...
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Food Export Council Targets Full Digitalization of its Services in 2026
May Khairy, Executive Director of the Food Export Council (FEC), affirmed that the digitalization of services represents a primary pillar of the Councils action plan for 2026. This strategic move aims to...
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U.S. State Department Makes Visa Bond Program Permanent, Imposing Up to $20,000...The U.S. Department of State has decided to make its visa bond program a permanent measure, allowing for the imposition of a financial bond of up to $20,000 on applicants for certain...
TechnoTime Emirates
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UAE and Egypt Agree Five-Year Expansion of Air Transport RightsThe United Arab Emirates and Egypt have agreed to gradually expand bilateral air transport rights over the next five years, opening the door to increased flight capacity and new opportunities for airlines...
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Dubai Property Transactions Near AED 500 Billion in Seven MonthsDubai’s real estate market moved closer to the AED 500 billion mark in total transactions during the first seven months of 2026, extending the sector’s strong performance despite wider geopolitical and economic...
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FAB’s Pre-Tax Profit Climbs to AED 13.2 Billion as Net Earnings Edge...First Abu Dhabi Bank reported a profit before tax of AED 13.20 billion for the first half of 2026, up 3% from a year earlier, as stronger interest income, lending growth and...
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Emirates Islamic Posts AED 1.7 Billion Net Profit in First Half of...Emirates Islamic reported a net profit of AED 1.7 billion for the first six months of 2026, supported by sustained growth in income, customer financing and deposits, alongside disciplined cost management. The...
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Mubadala Capital Opens Blockchain-Based Access to Private Markets FundMubadala Capital has partnered with Coinbase and digital infrastructure company KAIO to create a tokenized version of its private markets investment fund, offering eligible investors a new digital route into traditionally less...
Business
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Food Export Council: Successful Exporting Begins with Information, Market Research, and Capacity...hamdy Abdelrashid May Khairy, Executive Director of the Food Export Council (FEC), emphasized that successful exporting relies heavily on accurate information, comprehensive market research, and the thorough preparation of companies. Khairys remarks...
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2point0 Group Reports Robust H1 2026 Results, Posting AED 21.9 Billion in...2point0 Group, a premier investment holding company headquartered in Abu Dhabi and listed on the Abu Dhabi Securities Exchange (ADX), has reported significant financial and strategic growth during the first half of...
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India’s Primetrace Targets $500 Million Valuation in New Funding RoundIndia’s Primetrace Targets $500 Million Valuation in New Funding Round BENGALURU — Indian social technology startup Primetrace Technologies is in advanced talks to raise $50 million in fresh funding, a deal that...
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Chamber of Woodworking and Furniture Industry Announces New Assiut Branch, Unveils Comprehensive...The Chamber of Woodworking and Furniture Industry, affiliated with the Federation of Egyptian Industries (FEI), held its periodic meeting chaired by Eng. Mohamed Abdel Ghaffar. The session focused on strategies to enhance...
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Shell’s Q2 2026 Profits Soar to $9.8 Billion, Marking Best Quarterly Performance...British energy giant Shell reported an adjusted profit of $9.8 billion for the second quarter of 2026, marking its strongest quarterly performance in exactly four years. The results reflect the companys best...
Technology
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Teslas FSD Subscriptions Surge 56% to 1.48 Million, Offsetting Stock Pressures with...Tesla has faced significant downward pressure on its stock performance in 2026, dropping by approximately 28% since the beginning of the year. This pressure intensified following the release of its second-quarter earnings,...
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Trump Media Launches ”Truth API” to Monetize Presidential Posts Amid Calls for...Trump Media Technology Group, the parent company of Truth Social, has officially launched its new data service, Truth API. This paid service targets financial institutions and investment firms by providing direct, real-time...
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Google Prepares to Launch ”Pixel Tag” Smart Tracker to Compete with Apple’s...Google is preparing to expand its ecosystem of smart devices with the launch of a new item tracker named Pixel Tag. This strategic move is aimed at competing with Apples AirTag and...
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SpaceX Stock Drops 19.7% Below IPO Price, Echoing Tesla’s Early Market VolatilitySpaceX stock has dropped to $108.37, falling approximately 19.7% below its Initial Public Offering (IPO) price of $135. This decline follows a strong post-listing rally, prompting investors to question the stocks future...
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Apple and Nvidia Take Opposing Paths in the AI Race: A Wall...The worlds two most valuable companies, Apple and Nvidia, are taking divergent paths in the artificial intelligence (AI) race, raising a pressing question on Wall Street: Which is more valuable—a company that...
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SpaceXs First Post-IPO Earnings Call: Retail Investors Shift Focus to Starship, Mascots,...SpaceX’s first earnings call following its initial public offering (IPO) is expected to focus heavily on artificial intelligence spending and projected profits from its Starlink satellite communications network. However, many retail investors...
Smart cities
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SODIC Redefines Luxury Coastal Living with ”Ogami” in Ras El Hekma, Featuring...SODIC’s latest flagship project, Ogami, located in Ras El Hekma, represents a unique model in the luxury coastal real estate market. It introduces a comprehensive vision for modern coastal destinations in one...
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SODIC’s Work-in-Progress Portfolio Climbs 17% to EGP 59.2 BillionEgyptian real estate developer SODIC increased the value of its development work in progress to EGP 59.2 billion by the end of June 2026, reflecting a sharp acceleration in construction activity across...
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MA Group Taps Meadis to Shape Operations and Tenant Strategy for West...Egyptian developer MA Group has signed an exclusive cooperation agreement with Meadis to develop the operational and commercial strategy for its projects in West Cairo, as the company moves to embed professional...
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Danube Properties Gears Up to Deliver 11 Projects Within a Year in...Danube Properties is gearing up to deliver 11 projects within a single year, marking one of the largest handover milestones in the companys history. This achievement reinforces its commitment to delivering projects...
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Aldar Properties Reports 18% Surge in H1 2026 Net Profit to AED...Aldar Properties, listed on the Abu Dhabi Securities Exchange (ADX), reported strong financial results for the first half of 2026. The performance was driven by sustained demand for its real estate projects...
Banks
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Citibank Expands Operations in Pakistan as Balance Sheet Exceeds $1 Billion by...Citibank, one of the worlds leading global banking institutions, confirmed the continued expansion of its operations in Pakistan after its balance sheet in the Pakistani market exceeded $1 billion as of June...
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Foreign and Arab Currencies Stable Against the Egyptian Pound on Saturday, August...Foreign and Arab currencies remained stable against the Egyptian pound on Saturday, August 1, 2026, according to the latest published exchange rates. The U.S. dollar recorded EGP 51.10 for buying and EGP...
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Suez Canal Bank Launches Fee-Free Financial Inclusion Campaign for Youth Until August...Suez Canal Bank has launched a financial inclusion campaign offering young customers a range of free banking services between August 1 and 15, as part of its activities marking International Youth Day...
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United Bank Launches EGP 6 Million Financing Programme for Banking Sector EmployeesThe United Bank has introduced a new financing programme tailored to employees of banks operating in Egypt, offering personal funding of up to EGP 6 million with repayment periods extending to 15...
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Foreign and Arab Currency Rates Hold Steady Against Egyptian Pound Today, Thursday,...Foreign and Arab currency exchange rates held steady against the Egyptian pound during Thursday’s trading session, July 30, 2026, according to the latest official figures. The US dollar recorded EGP 51.10 for...
Fin tech
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Souhoola Launches Exclusive Offer for Rabbit App Users: 3-Month Installment Plans with...Souhoola has announced the launch of a new promotional offer that allows users of the Rabbit app to easily pay for all their purchases and daily needs in convenient installments over three...
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Mastercard Rebuilds Fraud Defences for the Age of Autonomous AI ShoppingMastercard is reworking the fraud-detection systems underpinning its global payments network as artificial intelligence agents begin moving beyond product recommendations to making purchases directly on behalf of consumers. The shift presents an...
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Valu Expands Installment Payment Channels and Rolls Out August Cashback OffersEgyptian fintech company Valu has expanded the range of channels available for customers to pay their monthly installments, while introducing limited-time cashback offers through selected payment applications during August. The move gives...
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Paymob Brings UAE’s Jaywan Payment Scheme to Online and In-Store MerchantsEgyptian fintech Paymob has expanded its payment acceptance capabilities in the United Arab Emirates by enabling merchants to accept Jaywan, the countrys domestic card payment scheme, across both e-commerce platforms and point-of-sale...
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du Pay Launches ”Flexi Cash Loan” to Provide Instant, Short-Term Digital Financing...du Pay, the advanced digital financial services arm of du, has announced the launch of its new Flexi Cash Loan service via the du Pay app. This innovative digital offering allows eligible...
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valU Jordan Inks Strategic Partnership with B12 Digital Platform to Provide Flexible...valU Jordan, the leading comprehensive financial technology platform in the Middle East and North Africa (MENA) region, has announced a strategic partnership with B12, a specialized digital platform for school communication and...
Cars
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BYDs Global Sales Rise for Third Consecutive Month in July 2026, Fueled...Global sales for BYD, China’s largest electric vehicle (EV) manufacturer, rose for the third consecutive month in July 2026. This growth was driven by robust demand in overseas markets, which continued to...
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Mercedes-Benz Q2 EBIT Rises 22% to €1.5B, Cuts 2026 Outlook Amid Weak...German luxury automaker Mercedes-Benz reported a 22% increase in second-quarter operating profit, but warned of ongoing pressure on its core automotive business, prompting the company to lower its full-year 2026 sales and...
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Kayan Egypt Launches the High-Performance Cupra Formentor VZ with a 2.0L Engine...hamdy Abdelrashid Kayan Egypt, the exclusive agent for the Cupra brand in Egypt, has officially announced the launch of the new VZ trim of its popular sports utility vehicle, the Cupra Formentor....
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By Its Students: Egypt University of Informatics Creates Two Smart Applications to...Egypt University of Informatics (EUI) has announced the success of students from the Faculty of Digital Arts and Design in innovating and developing two smart applications aimed at providing technological solutions for...
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Ezz El Arab El Sewedy Raises Proton Saga Prices in Egypt by...Ezz El Arab El Sewedy, the official agent and local manufacturer of Proton vehicles in Egypt, has announced a price increase for the locally assembled 2027 Proton Saga. The company has applied...
cyber security
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Kaspersky Study Finds Nearly Half of Tech-Enabled Abuse Victims Know Their PerpetratorsNearly one in two victims of technology-facilitated abuse have been targeted by someone within their own social circle, according to the second installment of a new global report released by Kaspersky, highlighting...
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Kaspersky Study: Parents Who Share More Online Are Less Motivated to Practice...Parents who frequently share photos, videos, and personal information about their children on social media are less likely to be motivated to adopt digital safety measures, according to a new study conducted...
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Huawei Watch Face Program Partners with Ajman University to Develop Emerging Digital...Huawei Watch Face (MEA) has partnered with Ajman University to launch a designer cultivation and recruitment initiative aimed at developing emerging digital talent and expanding opportunities for creators within Huaweis smartwatch ecosystem...
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JATDEV Targets Expansion with Huawei Cloud Across Financial and Government Sectors Within...Company Plans Regional Expansion into Gulf and Arab Markets by 2028 JATDEV is planning to deepen its strategic partnership with Huawei Cloud over the next two years as part of an...
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Kaspersky warns of “gray” scam websites exploiting user trusRecent research by Kaspersky has shown that the so-called “gray” websites repeatedly target all world regions, and this may be driving both financial loss and large-scale data harvesting. Gray websites are deceptive...
Markets
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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...
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Alibaba Bans ”Claude Code” AI Tool Internally Over Security Concerns Amid Distillation...Alibaba has decided to ban the use of the intelligent programming tool Claude Code within its work environments following mounting security concerns regarding potential vulnerabilities or built-in backdoors in the software. According...
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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Why the HUAWEI nova 15 Max is the Most Dependable Phone of...In a market crowded with incremental upgrades like Egypt, the HUAWEI nova 15 Max makes a compelling case for what a modern smartphone that prioritises real endurance, dependable durability, and imaging. This...
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HUAWEI WATCH FIT 5 Series Makes Fitness Easy with Mini-WorkoutsHuawei has announced the HUAWEI WATCH FIT 5 Series, a sleek wearable that blends cutting-edge health and fitness features with a stylish design. It’s the perfect wrist companion for expressing your style,...
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vivo Egypt Teases Y500 Ahead of Launch With Segment-Leading 8,100mAh Batteryvivo Egypt is preparing to launch the vivo Y500, a new smartphone that places battery endurance at the heart of its appeal, featuring what the company says is the largest battery in...
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The HUAWEI FreeBuds Pro 5 Reinvents Noise Cancellation with the Worlds First...Dual drivers are nothing new in earphones. On the contrary, multiple drivers are now expected in premium models. They are proven to deliver superior sound, as two separate drivers help the earphones...
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OPPO Highlights 2025 Sustainability Progress, Reinforcing Its Commitment to Inclusive Innovation and...OPPO, the worlds leading smart device brand, has highlighted the key achievements of its 2025 Sustainability Report, reaffirming its commitment to delivering innovative technology that is more inclusive, environmentally responsible, and aligned...
تكنوتايم بالعربي
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رئيس جمهورية مدغشقر الشقيقة يزور الهيئة العربية للتصنيع ويشيد بالقدرات التصنيعية المتطورة...استقبل اللواء أ.ح مهندس مختار عبد اللطيف رئيس الهيئة العربية للتصنيع , فخامة الرئيس ميكائيل راندريانيرينا، رئيس جمهورية مدغشقر الشقيقة ووفد رفيع المستوى وبحضور السيد علاء فاروق وزير الزراعة واستصلاح الأراضي المصري....
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بيان رسمي يكشف السبب الأولي لحريق سفينتين في ميناء دمياطبعد السيطرة على الحريق الذي تعرضت له سفينتان في ميناء دمياط يوم 29 يوليو 2026. وبإجراء الجهات المعنية التحقيقات الأولية حول الحادث، تبين أنه ناتج عن طائرة مسيرة، ولم تعلن أي جهة...
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وحش البطاريات قادم إلى مصر.. vivo تستعد لإطلاق Y500 بسعة خياليةأعلنت vivo مصر استعدادها لإطلاق هاتفها الجديد vivo Y500، الذي يأتي ببطارية تبلغ سعتها 8100 مللي أمبير، لتكون الأكبر ضمن فئته السعرية، في خطوة تستهدف تلبية احتياجات المستخدمين الذين يعتمدون على هواتفهم...
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تقديرًا لجهوده الإنسانية.. تكريم مستشار الأمم المتحدة هاني حسن أبو زيد لدوره...حظي المستشار الدكتور هاني حسن أبو زيد، مستشار الأمم المتحدة في جنيف، بتكريم من الدكتور حسين الشبلي، الأمين العام للهيئة الخيرية الأردنية الهاشمية، كما كرّمه العميد سهل الحموري، مدير الخدمات الطبية الملكية...
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الكويت.. صفقة أنابيب نفطية مع تحالف عالمي بـ16 مليار دولاروقّعت شركة نفط الكويت، اتفاقية شراكة للبنية التحتية بقيمة 16 مليار دولار مع تحالف يضم بلاكستون وبروكفيلد وكيه كيه آر، تتعلق بخطوط تصدير النفط، وذلك في ظل تعرض الدولة الخليجية لهجمات متكررة...