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Egypt Takes the Lead on Arab AI Governance and Quantum Computing InitiativesEgypt has been selected to chair two specialist working groups focused on artificial intelligence governance and quantum computing under the Arab Permanent Committee for Artificial Intelligence and Emerging Technologies, strengthening its role...
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Vodafone Moves to Take Full Control of VodafoneThree in £4.3 Billion DealVodafone Group has agreed to acquire CK Hutchison’s remaining 49% stake in VodafoneThree for £4.3 billion, a transaction that will give the British telecom group full ownership of the United Kingdom’s largest...
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Systems Limited Targets Egypt Expansion, Plans to Create 380 Jobs and Boost...Pakistan-based technology services provider Systems Limited is preparing a major expansion of its operations in Egypt, with plans to grow its delivery center, create more than 380 new jobs, and strengthen the...
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MCS and Wadhwani Foundation Partner to Build Egypt’s Future Cybersecurity WorkforceCybersecurity value-added distributor MCS has signed a strategic memorandum of understanding (MoU) with Wadhwani Foundation to strengthen digital skills development and prepare young professionals for careers in cybersecurity and the wider technology...
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MSMEDA Launches the 31st Edition of the ”Made in Damietta” Exhibition in...As part of the state’s efforts to open new marketing horizons for furniture manufacturers and support Damiettas furniture clusters as a key pillar of economic development, the Micro, Small and Medium Enterprise...
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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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...
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Egypt’s Processed Food Exports Surge to Record $3.77 Billion in H1 2026hamdy Abdelrashid Egypt’s processed food exports reached an all-time high of approximately $3.77 billion during the first six months of 2026, marking an 11% year-on-year increase compared to $3.41 billion in H1...
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Chemical Export Council and GIZ Host Workshop on Green Transition, Launch EU...hamdy Abdelrashid To enhance the competitiveness of Egyptian exports amid changing global standards, the Chemical and Fertilizers Export Council, in collaboration with the German Agency for International Cooperation (GIZ), organized a specialized...
Technology
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OpenAI Rolls Out GPT-5.6 and Cuts AI Model Prices by Up to...OpenAI has launched its new GPT-5.6 model family and announced sweeping price reductions across two of its lower-cost variants, as the company seeks to make advanced artificial intelligence more affordable for developers...
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Huawei FreeClip 2 Targets Open-Ear Audio Market With AI-Powered Sound and 38-Hour...Huawei is expanding its open-ear audio portfolio with the HUAWEI FreeClip 2, a new generation of clip-style wireless earbuds designed to address the compromises traditionally associated with open-ear listening, particularly sound depth,...
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MCIT Participates in Shabab Balad Working Group Meeting, NOMU Al-Ghurair Design WorkshopThe Ministry of Communications and Information Technology (MCIT) participated in two consecutive events on July 29 and 30 in the framework of the national youth empowerment initiative Shabab Balad, the Egyptian version...
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Samsung Display Secures Exclusive Apple Contract for Next-Gen OLED MacBook ProSamsung Display has secured an exclusive contract to supply all OLED panels for Apple’s next-generation MacBook Pro models, marking a notable departure from the tech giant’s traditional strategy of diversifying its supply...
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Abu Dhabi to Host ”AI World Abu Dhabi 2026” at ADNEC in...The UAE capital will host AI World Abu Dhabi 2026 on October 6 and 7 at the Abu Dhabi National Exhibition Centre (ADNEC). The premier global gathering will convene government leaders, tech...
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Tech Leaders and AI Researchers Urge US Government to Slow Down AI...Senior employees and executives from the worlds leading technology and artificial intelligence (AI) companies have urged the United States government in an open letter to intentionally slow the pace of AI development,...
Smart cities
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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...
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Madinet Masr Reports Record EGP 27.2 Billion in H1 2026 Sales, Deliveries...Madinet Masr has announced a robust sales performance for the first half of 2026, recording a new all-time high of EGP 27.2 billion in new sales. This represents a solid 16.5% increase...
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SODIC H1 2026 Results: Contracted Sales Surge 201% to EGP 23.5B, While...The Sixth of October Development and Investment Company (SODIC) has released its consolidated financial and operational results for the first half of 2026. The developer reported an exceptional 201% surge in contracted...
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Palm Hills Developments Obtains FRA Approval to Add Hotel and Tourism Construction...The Financial Regulatory Authority (FRA) has approved the publication of a disclosure report submitted by Palm Hills Developments regarding amendments to its articles of association. The proposed modification adds the construction of...
Banks
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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...
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National Bank of Egypt Wins Three Digital CX Awards 2026 for AI-Driven...hamdy Abdelrashid The National Bank of Egypt (NBE) has won three prestigious awards at the Digital CX Awards 2026, organized by The Digital Banker, recognizing the banks leadership in leveraging artificial intelligence...
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Egyptian Pound Holds Steady Against USD as IMF Board Prepares to Review...The US Dollar (USD) maintained relative stability against the Egyptian Pound (EGP) during early transactions on Wednesday, July 29, 2026, according to the latest figures from public and private sector banks in...
Fin tech
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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...
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Juhayna Solidifies its Famp;B Leadership, Sweeping Five Prestigious International Awards for 2026Juhayna Food Industries has continued to cement its position as a pioneer in the Food and Beverage (F B) sector, securing five prestigious international awards for the year 2026 from World Business...
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**Mawarid Finance and KamelPay Launch ”AbsoluteCard” for Corporate Payments in the UAE**Mawarid Finance and KamelPay have announced the launch of AbsoluteCard, a new corporate payment solution aimed at empowering organizations to manage their expenses more efficiently by providing advanced levels of control, real-time...
Cars
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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...
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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...
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...