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EU Ambassadors Approve 21st Sanctions Package Against Russia, Targeting Banking Sector and...European Union ambassadors approved on Thursday the 21st package of sanctions against Russia over the ongoing war in Ukraine. Marking the blocs largest round of sanctions in four years, the new measures...
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Kuwaits Ministry of Finance Issues $6 Billion in International Sovereign BondsThe Kuwaiti Ministry of Finance has announced the successful completion of a US dollar-denominated international sovereign bond issuance totaling $6 billion. Executed across three distinct tranches in global capital markets, the offering...
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Vodafone Egypt and Al Ahly Join Forces in New Technology-Led PartnershipVodafone Egypt and Al Ahly Sporting Club are set to sign a strategic partnership on July 27 at the Panorama of the Pyramids in Giza, one of Egypts most iconic historical landmarks,...
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Egyptian Exchange Gains EGP 64 Billion in Shortened Holiday Trading WeekThe Egyptian Exchange (EGX) posted market capitalization gains of approximately EGP 64 billion during this week’s four-session trading period, shortened due to the July 23 Revolution official holiday. The total market capitalization...
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Elon Musk’s Neuralink Nears $42 Billion Valuation in Secondary Markets Amid Rising...Neuralink, the brain-computer interface (BCI) company founded by American entrepreneur Elon Musk, is nearing a valuation of approximately $42 billion in secondary trading markets. This dramatic leap reflects surging investor appetite for...
TechnoTime Emirates
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Emirates Group Partners with Digital Dubai to Accelerate Digital Transformation and Employee...The Emirates Group has signed a strategic collaboration agreement with Digital Dubai to expand its use of the emirates digital platforms and services, in a move aimed at enhancing operational efficiency, improving...
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Mastercard and VEON Partner to Expand AI-Powered Digital Financial Services Across Four...Mastercard and global digital operator VEON have announced a strategic collaboration to accelerate access to inclusive and intelligent digital financial services across Ukraine, Kazakhstan, Pakistan, and Uzbekistan. The partnership brings together VEON’s...
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Dubai Off-Plan Office Sales Hit Record AED 13.1 Billion in First Half...Off-plan office sales in Dubai surged to a record AED 13.1 billion during the first half of 2026, exceeding the total value recorded over the previous seven years combined, according to Al...
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Emirates NBD Expands Digital Margin Trading With Credit Limits Up to AED...Emirates NBD has significantly enhanced its margin trading facilities, allowing eligible clients to apply digitally for credit limits of up to AED 10 million to increase their purchasing power when trading equities....
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Dubai SME and Hyatt Partner to Expand Hospitality Opportunities for Small BusinessesThe Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development, part of Dubai’s Department of Economy and Tourism, has signed a memorandum of understanding with Hyatt Hotels in Dubai to expand...
Business
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Egypt Explores 4,200-Bed PPP Hospital Project in Cairo with Hassan Allam and...Dr. Mohamed Farid, Minister of Investment and Foreign Trade, held discussions with a delegation from Hassan Allam Holding and executives from Turkeys Rönesans Holding to explore injecting new investments into Egypts healthcare...
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TotalEnergies Q2 Profit Surges 67% to $6 Billion Driven by Higher Oil...TotalEnergies reported a 67% jump in second-quarter profits, driven by rising oil prices and widening fuel refining margins stemming from conflict in Iran, according to a company statement released on Thursday. The...
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Egypt’s Engineering Exports Surge 67% in June 2026, Reaching $3.35 Billion in...hamdy Abdelrashid Data released by the Engineering Export Council of Egypt (EECE) revealed a remarkable 67% surge in engineering exports during June 2026, reaching $784.2 million compared to $469.7 million in the...
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Goldman Sachs Maintains Q4 2026 Brent Crude Forecast at $80, Citing Middle...Goldman Sachs has maintained its Brent crude price forecast at $80 per barrel for the fourth quarter of 2026. The investment bank anticipates that declining supplies from the Middle East will help...
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Nestlé Q2 Sales Top Estimates; Unveils €3 Billion Premium Water Joint Venture...Nestlés sales grew during the second quarter of this year, slightly exceeding analysts expectations. Concurrently, the company expects to raise approximately €3 billion ($3.43 billion) from a new joint venture with the...
Technology
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Alphabets Google Cloud Transforms into Primary Profit Engine with 82% Revenue Surge...Alphabet’s Google Cloud has transformed into one of the groups most prominent engines of growth and profitability. The division has successfully achieved a rare formula in the tech sector: combining accelerated revenue...
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Abu Dhabis AIREV Partners with Redington Gulf to Distribute Sovereign AI Platform...AIREV, the Abu Dhabi-based developer of the autonomous artificial intelligence platform OnDemand, has announced the signing of a major distribution agreement with Redington Gulf. Under this partnership, Redington has been appointed as...
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US Tech Giants AI Infrastructure Costs Outpace Cash Flow Expansion, LSEG Analysis...Major US cloud computing companies are beginning to demonstrate tangible returns on their massive artificial intelligence investments. However, the escalating capital expenditure (CapEx) required to build out next-generation AI infrastructure is consuming...
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UAE’s MGX, BlackRock’s GIP, and AI Partnership Complete $40 Billion Acquisition of...The UAE-based technology investment company MGX, the AI Infrastructure Partnership, and BlackRock’s Global Infrastructure Partners (GIP) have officially completed the 100% acquisition of Aligned Data Centers. The consortium acquired the company from...
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Nvidia Unveils AI Tool Capable of Detecting Deepfakes in 22 MillisecondsNvidia has announced the development of a new artificial intelligence-powered tool capable of detecting deepfake videos—whether generated or manipulated by AI—in just 22 milliseconds. This rapid-response technology aims to combat the growing...
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Digital Transformation Expert: AI Transforms Data into Strategic Decisions to Drive Corporate...During a recent seminar organized by the Food Export Council, Engineer Mahmoud Badr, a Digital Transformation and Business Development Consultant, highlighted the critical role of Artificial Intelligence (AI) in modern data analysis....
Smart cities
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IGI and Kulture Developments Forge EGP 5 Billion Partnership for West Cairo...IGI Developments and Kulture Developments, two prominent leaders in the real estate sector, have officially signed a joint cooperation agreement to launch a major commercial, administrative, and medical project in West Cairo....
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Orascom Development Egypt Secures EGP 18 Billion Syndicated Loan to Accelerate O...Orascom Development Egypt (ODE), a leading real estate and tourism developer, announced today, Thursday, that its 70%-owned subsidiary, Orascom Real Estate (ORE), has signed a 10-year syndicated loan agreement valued at EGP...
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Modon Holding and Nammos Hotels amp; Resorts Launch Nammos Ras El Hekma...UAE-based Modon Holding, headquartered in Abu Dhabi, has partnered with Nammos Hotels Resorts to announce the launch of Nammos Ras El Hekma. This marks the first integrated destination for the globally renowned...
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Madinet Masr CEO Abdallah Sallam Named in CNBC Arabia’s Top 100 Business...hamdy Abdelrashid CNBC Arabia has selected Eng. Abdallah Sallam, CEO and Managing Director of Madinet Masr, for its prestigious list of the 100 Most Prominent Business Leaders Shaping the Regions Economy for...
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JAD Global Breaks Ground on AED 250 Million J188JAD Global Real Estate Development has officially broken ground on J188, its latest premium residential project in Al Jaddaf, marking a key milestone in the company’s growth and reaffirming its long-term confidence...
Banks
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US Dollar Holds Steady Against Egyptian Pound Across Major BanksThe exchange rate of the US dollar against the Egyptian pound (USD/EGP) remained steady according to the latest trading data from local banks and exchange companies across the Egyptian market. Below is...
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National Bank of Egypt Launches Specialized Emergency Medical Clinic at “Dar Al...hamdy Abdelrashid The National Bank of Egypt (NBE) has announced the signing of a cooperation protocol with Dar Al Oroba Hospital to establish a specialized emergency medical clinic within the “Dar Al...
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QNB Egypt Wins 12 Prestigious International Awards in 2026, Reinforcing Its Leadership...hamdy Abdelrashid QNB Egypt, a subsidiary of QNB Group, the leading financial institution in the Middle East and Africa, has been honored with 12 prestigious international awards in 2026 by leading global...
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Goldman Sachs Warns Against AI Stock Concentration, Unveils Alternative Growth ThemesGoldman Sachs, one of Wall Streets most influential investment banks, has issued a warning regarding the heavy concentration in artificial intelligence (AI) stocks that have dominated global portfolios over the past three...
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Nasser Social Bank Net Profit Surges 38.7% to Reach EGP 5 Billion...Nasser Social Bank (NSB) has reported significant financial growth for the fiscal year 2025-2026, achieving a net profit of EGP 5 billion. This marks a 38.7% increase compared to the previous fiscal...
Fin tech
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Saudi Arabias Venture House Ventures Invests $500,000 in Five Tech Startups from...Venture House Ventures, the investment arm of Saudi Arabia-based Venture House, has announced a $500,000 investment in five early-stage tech startups. This funding follows the startups graduation from the fifth cohort of...
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ADIB Becomes First Bank Globally to Adopt Visa’s New Threat Intelligence Platform...Visa, the global leader in digital payments, and Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial services group, announced today a strategic partnership to implement the Visa Threat Intelligence Platform (VTIP)....
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Bahrains Benefit Launches Tawajjuh Summer Program to Empower Youth in FinTechBenefit, the leading company in FinTech and electronic financial transactions in the Kingdom of Bahrain, has announced the launch of its new summer training program, Tawajjuh (Direction). The inaugural one-month initiative is...
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Egyptian Consumer Finance Market Surges 81.4%, Reaching EGP 39.9 Billion in First...The consumer finance market in Egypt recorded a massive leap during the first four months of 2026. According to the latest monthly report issued by the Financial Regulatory Authority (FRA), the sector...
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UAE Launches Jaywan, the Country’s First National Payment SystemHis Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board of Directors of the Central Bank of the UAE...
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Erada Finance and UNFPA Forge Strategic Partnership to Drive Financial Inclusion and...Erada Finance, a specialized provider of financing for micro, small, and medium enterprises (MSMEs), has signed a strategic partnership with the United Nations Population Fund (UNFPA) in Egypt. The collaboration is set...
Cars
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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...
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GB Corp Removes Financial Leasing from Bylaws; Clarifies Subsidiary Operations Remain UnaffectedGB Corp, a leading automotive player in the Middle East and Africa (GB Auto) and a prominent non-banking financial services provider in Egypt (GB Capital), announced that its Extraordinary General Assembly has...
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Auto Mobility and Geely Global Discuss Domestic Manufacturing Expansion, New Models, and...hamdy Abdelrashid In a significant move highlighting growing trust in Egypt’s industrial capabilities, Auto Mobility—the official agent and exclusive manufacturer of Geely cars in Egypt—hosted Alex Nan, General Manager of GAIC (a...
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M.AUTO Launches Egypts Largest Jetour Showroom in Sheikh Zayed with Exclusive Offers...hamdy Abdelrashid M.AUTO has officially opened the largest showroom for Jetour vehicles in Egypt, located in Sheikh Zayed City. This strategic milestone aims to expand the brands local footprint and deliver a...
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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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...
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El Araby Group Named Among Forbes Middle East’s Strongest Arab Family Businesses...Egypt’s El Araby Group has secured a place on Forbes Middle East’s list of the Top 100 Arab Family Businesses for 2026, reaffirming its position as one of the region’s most influential...
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Amazon Egypt Announces Prime Day Return from June 24-30, Backed by HarrisX...Amazon Egypt today officially announced the return of its annual Prime Day shopping event, scheduled to run from June 24 to June 30, 2026. The week-long campaign kicks off the summer season...
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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realme Egypt Unveils Its Official Online Store with Exclusive Launch Deals and...realme, the world’s fastest-growing smartphone brand in Egypt, has officially launched its official online store in Egypt, marking a significant milestone in the brands growth strategy and strengthening its direct-to-consumer presence in...
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Samsung Galaxy Z Fold 8 and Fold 8 Ultra Specs Leak Ahead...Samsung’s next-generation foldable smartphones have been exposed in a wide-ranging leak that reveals major differences between the redesigned Galaxy Z Fold 8 and the more powerful Galaxy Z Fold 8 Ultra, days...
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Now Available All-New HUAWEI nova 15 Max with Extreme Endurance and ToughnessThe HUAWEI nova 15 Max is available now in Egypt to redefine smartphone endurance with its massive battery and durable design. Designed for users who demand reliable all-day performance without compromise, the...
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OPPO Continues Its Expansion in Egypt with the Opening of Its Fifth...OPPO, the worlds leading smart device brand, has announced the opening of its fifth branch in Egypt at Nile View Mall in Benha, as part of its expansion strategy aimed at strengthening...
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vivo Y500 Set to Launch in Egypt Soon with 8,100mAh Battery and...CAIRO – vivo is preparing to introduce the vivo Y500 to the Egyptian market soon, expanding its mid-range smartphone portfolio with a device focused on extended battery life, durability, multimedia performance and...
تكنوتايم بالعربي
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وزير العمل: منصة سوق العمل الرقمية تربط الباحثين عن العمل بالفرصأكد وزير العمل حسن رداد أن منصة سوق العمل الرقمية تمثل تحولًا نوعيًا في الخدمات التي تقدمها الوزارة، مشيرًا إلى أنها تستهدف الربط الفعّال بين الباحثين عن العمل وفرص التشغيل والتدريب، وإنشاء...
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دبي تستعرض دور الاقتصاد الرقمي في دعم ريادة الأعمال.. و”تيك توك” يسهم...استضاف متحف المستقبل في دبي منتدىً رفيع المستوى جمع مسؤولين حكوميين وخبراء ورواد أعمال ومبدعين، لبحث سبل تعزيز التعاون بين القطاعين العام والخاص لبناء منظومة رقمية آمنة وشاملة، بما يدعم مستهدفات رؤية...
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مسئولون وخبراء يناقشون ”الشمول المالي والتنمية المستدامة” في ندوة هيئة الرقابة الماليةنظمت الهيئة العامة للرقابة المالية ندوة بعنوان الشمول المالي والتنمية المستدامة، بالتعاون مع هيئة الأمم المتحدة للمرأة، والمجلس القومي للمرأة، والاتحاد الأوروبي، وسفارة مملكة هولندا، وذلك بمقر الهيئة بالقرية الذكية، وبمشاركة ممثلين...
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مي محسن.. فصل جديد في مسيرة الاتصالات المؤسسية بقيادة العلاقات العامة والفعاليات...في صناعة لا تمنح الفرص بسهولة، ولا تعترف إلا بالنتائج، استطاعت مي محسن أن تشق طريقها بثبات حتى أصبحت أحد أبرز الأسماء في قطاع العلاقات العامة والاتصالات المؤسسية في مصر، رحلة امتدت...
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«صناعة الجلود» تدرس مواصفات الأحذية الجديدة وتعيد النظر في الأسعار الاسترشاديةحمدي عبدالرشيد عقد مجلس إدارة غرفة صناعة الجلود باتحاد الصناعات المصرية، برئاسة جمال السمالوطي، اجتماعًا لمناقشة عدد من الملفات التنظيمية والفنية التي تهم القطاع، وفي مقدمتها الخطاب الوارد من الهيئة المصرية العامة...