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News
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UN Adviser Hani Abu Zeid Honoured for Leading Humanitarian Relief Efforts Across...Dr. Hani Hassan Abu Zeid, a United Nations adviser based in Geneva, has been honoured by senior Jordanian officials in recognition of his contributions to international humanitarian relief and his role in...
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Egypt’s FRA Reconstitutes Actuarial Committee to Update Life Insurance Mortality TablesDr. Islam Azzam, Chairman of the Financial Regulatory Authority (FRA), has issued a decision to reconstitute the Egyptian Committee responsible for constructing and studying actuarial tables for life insurance. The initiative is...
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Egyptian Gold Prices Surge 3% in a Week Driven by Currency Pressures...Domestic gold prices in Egypt climbed 3% over the past week, gaining EGP 175 per gram. The benchmark 21-karat gold opened trading at EGP 5,805 and closed the week at EGP 5,980,...
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Emerging Economies Accelerate Strategic Oil Reserve Plans Amid Middle East Energy DisruptionsEnergy supply disruptions stemming from the conflict in the Middle East and the closure of the Strait of Hormuz have prompted a growing number of emerging economies to accelerate plans for building...
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Dollar Exchange Rate Holds Steady Against the Egyptian Pound on Saturday, July...The U.S. dollar remained stable against the Egyptian pound on Saturday, July 25, 2026, according to the latest updates published on the official websites of Egyptian banks. The exchange rates at major...
TechnoTime Emirates
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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...
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Ajman Launches UAE’s First ‘Invisible’ Government Service Powered by Agentic AIThe Government of Ajman has introduced the UAEs first invisible government service powered by Agentic AI, marking a major step toward proactive digital public services that anticipate users needs instead of waiting...
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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...
Business
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Egypt’s Investment Minister Explores Boosting Exports to Africa with DP WorldDr. Mohamed Farid, Minister of Investment and Foreign Trade, held an expanded meeting with a delegation from DP World, led by Mohamed Shehab, CEO of DP World Egypt and Levant. The discussions...
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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...
Technology
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Elon Musk Refuses to Rule Out Potential Tesla-SpaceX Merger as Synergies DeepenBillionaire entrepreneur Elon Musk has opened the door to a potential merger between Tesla and SpaceX, refusing to rule out the possibility of uniting the two companies in the future. Speaking during...
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OpenAI Hit by Global Outage Disrupting ChatGPT, Codex, and API ServicesOpenAI experienced a widespread technical outage that affected a massive number of users globally, as its ChatGPT, Codex, and Application Programming Interface (API) services suffered disruptions and elevated error rates. The technical...
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Valu Partners with 2B Egypt to Offer Zero-Interest, Zero-Down Payment Installments for...Valu, the leading financial technology platform specializing in Buy-Now, Pay-Later (BNPL) solutions in the Middle East and North Africa (MENA), has announced the launch of an exclusive promotional offer in collaboration with...
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US Tech Layoffs Surpass 140,000 in 2026 Despite Record AI InvestmentsAmerican technology companies are continuing to lay off employees at a high pace throughout 2026, even as they funnel record investments into artificial intelligence (AI). The sector has eliminated nearly 140,000 jobs...
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South Korea Unveils $950 Billion AI Initiatives Involving Samsung, SK Group, and...SEOUL / SAN FRANCISCO – South Korea has announced new artificial intelligence initiatives valued at $950 billion, involving Samsung Electronics, SK Group, and major American technology companies. The announcement comes as global...
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Samsung Electronics Signs $200 Billion MoU with Broadcom to Expand Semiconductor and...Samsung Electronics announced on Saturday the signing of a memorandum of understanding (MoU) with US-based Broadcom to expand their strategic cooperation in the fields of memory chips, semiconductor foundry, and advanced packaging...
Smart cities
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Osool Developments Unveils 40-Feddan ‘Sayf’ Resort in Egypt’s North CoastOsool Developments has launched Sayf, a new coastal resort spanning 40 feddans in Sidi Abdel Rahman on Egypt’s North Coast, as the developer expands its presence in one of the country’s fastest-growing...
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Al Hejaz Gardens Targets EGP 15 Billion in Sales as Expansion Drive...Al Hejaz Gardens Developments is targeting EGP 15 billion in contracted sales over the coming year as the company accelerates its expansion strategy with a pipeline of new residential and mixed-use projects...
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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...
Banks
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Euro Exchange Rate Today: Saturday, July 25, 2026The euro remained stable against the Egyptian pound on Saturday, July 25, 2026, according to the latest updates published on the official websites of Egyptian banks. The euro exchange rates at major...
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Attijariwafa Bank Egypt Launches WafaRemit for Faster Inbound TransfersAttijariwafa Bank Egypt has launched WafaRemit, a new remittance service allowing customers abroad to send money to beneficiaries in Egypt, with funds available for collection or deposit within seconds. Recipients can collect...
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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...
Fin tech
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FinTech Hive Event Highlights Need for Robust Tech Foundations to Scale Agentic...Financial technology companies must establish solid technical foundations to safely deploy Agentic Artificial Intelligence (Agentic AI) at scale, according to industry leaders speaking at an event hosted by FinTech Hive at the...
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valU Offers Interest-Free Financing on Cheval Golf Carts for Up to 12...Egyptian fintech company valU has launched a new financing offer in partnership with Golf Station, allowing customers to purchase Cheval golf carts through flexible payment plans without interest, a down payment or...
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Ripple Unveils Institutional Stablecoin Platform With Built-In Compliance and Transaction VerificationRipple has introduced Ripple Mint, a new institutional platform designed to simplify the issuance, redemption and management of its U.S. dollar-backed stablecoin, RLUSD, while strengthening compliance capabilities for regulated financial institutions. The...
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Sprints and Barq Systems Launch AI Internship Program for Egyptian GraduatesEgyptian edtech company Sprints has partnered with technology solutions provider Barq Systems to launch a practical artificial intelligence internship program aimed at preparing recent graduates for specialist roles in the technology sector....
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Mastercard Strengthens Virtual Card Platform with New Security Features for Business PaymentsMastercard has introduced a series of enhancements to its commercial virtual card platform, adding new security controls and payment management capabilities designed to simplify business-to-business transactions while giving companies greater control over...
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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...
Cars
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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...
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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...
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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Vivo S2 vs Redmi Note 17: Why Vivo May Be the Smarter...As Vivo prepares to unveil the Vivo S2, the upcoming smartphone is already shaping up as a direct rival to Xiaomi’s Redmi Note 17 in an increasingly competitive mid-range market. At first...
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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...
تكنوتايم بالعربي
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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...
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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...