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MarketsNews
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Dream 2000 exceeds 3 million followers and continues to consolidate its leadership...Dream 2000, one of the largest sales chains of mobile phones, electronics and home appliances in the Egyptian market, announced that the number of followers of its official pages on social media...
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Fawry and Domty Sign Strategic Partnership to Launch the First Full-fledged Digital...Smart cash-out vouchers redeemed instantly through “Fawry Plus” store and Fawry retail POS across the country The partnership aims to enable Domty to strengthen its relationship with its business partners through innovative...
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The Grand Egyptian Museum and Phlog Announce “Framing TimeThe Grand Egyptian Museum (GEM), the world’s largest archaeological museum dedicated to a single civilization, and Legacy Development and Management, have officially signed a collaboration agreement with Phlog, Egypt’s leading photography platform...
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WD AT COMPUTEX 2026: AI DOESNT JUST RUN ON COMPUTE - IT...Western Digital Corporation (Nasdaq: WDC), the storage foundation of the AI-driven data economy, today announced its presence at Computex 2026 to help the industry understand that AI infrastructure is fundamentally a data...
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2026 World Cup: Five ways fans can protect themselves from cyberthreatsAgainst a backdrop of elevated geopolitical tensions, foreign policy activity, and increased global polarization, Palo Alto Networks Unit 42 published insights highlighting how the World Cup presents the largest global entertainment attack...
TechnoTime Emirates
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UAE-Based CargoX Secures $250 Million Funding Led by BlueFive Capital for Autonomous...UAE-based independent delivery and autonomous logistics provider CargoX has announced the successful closure of a $250 million funding round. The investment was orchestrated by a syndicate of international backers led by BlueFive...
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UAE Secures Unprecedented Global Record with 70.1% AI Adoption Rate Among WorkforceThe United Arab Emirates has recorded an unprecedented global milestone in the adoption of artificial intelligence technologies. The utilization rate of smart tools among its working-age population reached a historic 70.1% during...
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Dubai Real Estate Sales Reach AED 253.6 Billion in Five Months Amid...Dubai’s real estate market recorded property sales worth AED 253.6 billion in the first five months of 2026, reflecting continued momentum in the emirate’s property sector amid strong investor demand and growing...
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IREP Announces CEO Succession Plan as Kamran Abbas Takes Leadership RoleInternational Real Estate Partners (IREP), the global real estate and facilities management operating partner, has announced a planned leadership transition that will see Kamran Abbas appointed as Chief Executive Officer, while longtime...
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Ultimate Performance Launches Priority Onboarding Program in Dubai Ahead of Summer SeasonUltimate Performance (U.P.), the global personal training company, has launched a new priority onboarding initiative at its Dubai facilities to help residents regain fitness momentum ahead of the summer travel season. The...
Business
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Indian WealthTech Startup Rovia Secures $1 Million Pre-Seed Led by Antler IndiaIndian digital wealth management platform Rovia has successfully raised $1 million in a pre-seed funding round led by Antler India. The investment injection saw active participation from prominent venture firms, including CDM...
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Prince Alwaleed bin Talal’s Bet on Elon Musk Nears Multi-Billion-Dollar Upside Through...Saudi billionaire Prince Alwaleed bin Talal appears to be edging closer to one of the most lucrative technology investment windfalls in recent years, as expectations grow around a future public offering or...
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Carrefour Egypt Extends Eid Al-Adha Operating Hours Until 2 AMCarrefour Egypt Extends Eid Al-Adha Operating Hours Until 2 AM Cairo, Egypt – Carrefour announced extended operating hours across a number of its branches during the Eid Al-Adha holiday, with several...
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Egyptian Exchange Executes EGP 54M Block Trade on EG Bank Shares Under...The Egyptian Exchange (EGX) officially announced today the execution of a block trade on the shares of the Egyptian Gulf Bank (EG Bank). The transaction was processed in accordance with the regulatory...
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Schneider Electric, ElsewedyUniversity of. Technology (SUTech) and AVEVA Sign a Partnership...Schneider Electric, ElsewedyUniversity of. Technology (SUTech) and AVEVA Sign a Partnership to Advance Egypt’s Green Transition and Future Industrial Talent
Technology
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GIGABYTE Unveils Comprehensive New Product Ecosystem Under “ENTER INFINITY” at COMPUTEX 2026GIGABYTE, the globally recognized leader in PC technology and gaming hardware, unveiled its largest and most comprehensive product lineup to date during COMPUTEX 2026 under the theme “ENTER INFINITY,” marking a major...
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Kaspersky Report Reveals Sharp Shift to Credential-Based Attacks, Sidestepping Malware in 2025A global comprehensive report compiled by Kaspersky Security Services has revealed that password guessing and the exploitation of legitimate accounts constituted some of the most successful methodologies deployed by cybercriminals throughout 2025....
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TikTok Emerges as Primary Digital Hub for Football Fan Engagement Ahead of...As the countdown to the FIFA World Cup 2026™ accelerates, global short-form video platform TikTok has positioned itself as a critical marketing environment for corporate brands seeking to engage with football enthusiasts...
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ECB Board Member Warns of Stablecoin Risks to Financial Stability, Urges Accelerated...A member of the Executive Board of the European Central Bank (ECB) has affirmed that the rapid expansion of stablecoins could pose a growing threat to global financial stability. This trajectory necessitates...
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UAE-Based CargoX Secures $250 Million Funding Led by BlueFive Capital for Autonomous...
UAE-based independent delivery and autonomous logistics provider CargoX has announced the successful closure of a $250 million funding round. The investment was orchestrated by a syndicate of international backers led by BlueFive...
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AVEVA and IFS Unveil Strategic Alliance at AVEVA World Milan to Bridge...Industrial software pioneer AVEVA has formalized a new technology partnership with IFS, a global leader in AI-powered enterprise software for asset-intensive industries. The collaboration is engineered to enable complex industrial organizations to...
Smart cities
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Lamp;D Hub Conference to Convene on June 13, Unveiling the Future of...The L D Hub conference is scheduled to launch on June 13, 2026. Organized by corporate training provider The Trainer, the summit serves as a strategic crossroads for human resources (HR) executives,...
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Emaar Misr Clarifies Executive Structure, Reaffirming Mohamed Alabbar’s Direct OversightReal estate developer Emaar Misr for Development has issued a formal regulatory filing to the Egyptian Exchange (EGX), clarifying that Mohamed Alabbar, in his capacity as Managing Director, maintains direct and full...
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TMG Secures Baghdad Investment License for Landmark $18.8 Billion Smart City ProjectLeading Egyptian real estate developer Talaat Moustafa Group Holding (TMG) has announced that its subsidiary, Talaat Moustafa Baghdad Company, has successfully obtained Investment License No. 15/5/2026, issued on May 24, 2026, by...
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Mimary Group, NOTION Developments, and ABC Hotels Form Consortium to Launch ”M-Residence”...Mimary Group, NOTION Developments, and ABC Hotels have officially finalized a tripartite strategic alliance to co-develop “M-Residence” (Mohandessin Residence). The upcoming premium hospitality and branded residences development is situated directly on Jamaat...
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MOT Investment Eyes Sale of Commercial Mall Within Happy Land Towers Project...MOT Investment is preparing to market and sell the commercial mall component of the Happy Land Towers project in Mansoura as part of its broader strategy to optimize investment returns from mixed-use...
Banks
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Banque Misr Becomes First Egyptian Bank to Achieve MFR’s Gold Level Certification...In a milestone reflecting its commitment to embedding international best practices and enhancing transparency across its financial services, Banque Misr has been awarded the Gold Level Client Protection Certification. The rating was...
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US Dollar Faces Broad Decline Against Egyptian Pound; ADCB Records Lowest Rate...The US Dollar (USD) experienced a broad-based decline against the Egyptian Pound (EGP) during Monday’s trading session, June 1, 2026. The downturn was visible across the majority of commercial banks operating within...
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The United Bank Reports Strong Q1 2026 Results as Total Loan Portfolio...The United Bank has officially published its standalone financial statements for the fiscal period ending March 31, 2026. The financial disclosure highlights robust growth rates across primary balance sheet indicators, led by...
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Faisal Islamic Bank of Egypt Reports 22.5% Growth as Business Volume Hits...Faisal Islamic Bank of Egypt has announced a substantial expansion in its financial indicators, with its total volume of business surging to EGP 300.756 billion at the end of April 2026. This...
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bank iNXT Launches 4-Year Fixed-Rate Savings Product Yielding Up to 18.75%Egyptian retail lender bank iNXT has rolled out a new high-yield savings product offering customers a fixed annual return of up to 18.75% for a four-year tenure. The launch aligns with the...
Fin tech
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Vodafone Cash and Al Ansari Exchange Launch Exclusive UAE-to-Egypt Remittance Campaign with...Vodafone Cash, in an exclusive partnership with Al Ansari Exchange in the United Arab Emirates, has rolled out a targeted cross-border remittance initiative for Egyptian expatriates. The campaign offers a financial incentive...
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Sahl Pay Launches Instant At-Home Smart Card Recharging for Prepaid Electricity MetersEgyptian financial technology platform Sahl has introduced an automated utility management feature allowing consumers to recharge their prepaid electricity smart cards instantly from home. The rollout addresses a critical consumer demand for...
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Mastercard Joins Pan-European Pilot Program to Build Instant Cross-Border Payment InfrastructureGlobal payments technology corporation Mastercard has officially announced its participation in a new European pilot project aimed at developing a unified framework for real-time cross-border digital transactions. The move underscores accelerating continental...
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Fawry and Domty Launch Digital B2B Loyalty Program Across Egypt’s FMCG NetworkEgyptian fintech pioneer Fawry has finalized a strategic partnership with the Arabian Food Industries Company (Domty) to roll out an innovative business-to-business (B2B) loyalty framework. The specialized incentive system is designed to...
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Sahl Pay Facilitates Remote Installment Settlements for ValU, Contact, Souhoola, and TakkaEgyptian fintech platform Sahl has launched a targeted consumer-facing digital service enabling users to settle their outstanding financial installments remotely from home, emphasizing that installment deadlines do not wait. Seamless Integration with...
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Basata Pay Integrates Apple Pay to Streamline Secure Mobile Checkouts for Egyptian...Egyptian electronic payments firm Basata has announced the official integration of Apple Pay within its mobile application ecosystem. The company stated that this technical upgrade is designed to make digital transactions simpler,...
Cars
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Waymo Deploys Zeekr-Powered Robotaxis to Slash Operating Costs and Drive ProfitabilityUS-based autonomous driving pioneer Waymo has initiated a strategic expansion of its commercial operations with the launch of its latest self-driving vehicle. The move is specifically engineered to reduce operational overhead and...
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Egypt Customs Auctions Generate EGP 31.7 Million from Vehicles and Goods Across...Egypt’s customs authorities generated EGP 31.7 million in proceeds from a public auction involving vehicles and assorted imported goods confiscated or unclaimed across several major customs ports, reflecting continued activity in the...
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FutureTECH by Raya and XPENG Conclude Egypt’s First EV-Focused Accelerator ProgramFutureTECH by Raya, the innovation arm of Raya Holding, has successfully concluded its inaugural accelerator program dedicated to the Electric Vehicle (EV) and smart mobility sector. In partnership with Raya Auto (the...
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School Mobility Unicorn Zūm Hits $1.7B Valuation Following $100M Strategic InvestmentZūm, the AI-driven leader in modern student transportation, has secured $100 million in a new strategic funding round, catapulting its valuation to $1.7 billion. This latest injection brings the company s total...
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Tesla Deploys Fully Autonomous Robotaxis in Dallas and Houston Ahead of Q1...Tesla Inc. has officially launched its fully autonomous robotaxi service in Dallas and Houston, marking its first major expansion outside of Austin and the San Francisco Bay Area. This strategic move comes...
cyber security
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Kaspersky Warns of Rising Tech-Enabled Abuse Through Stalking and Doxing AttacksKaspersky has warned of the growing risks of technology-enabled abuse, revealing that digital stalking and doxing incidents are becoming increasingly widespread as cybercriminals and abusers exploit advanced surveillance tools and online platforms...
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Kaspersky shares 5-step safety action plan on what to do when you...As the major sport and music events kick off and holiday travel peaks, the rate of lost and stolen phones spike. But when your device vanishes – in a crowded stadium, a...
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Kaspersky discovers vulnerability in Qualcomm Snapdragon chips that can lead to data...Kaspersky ICS CERT discovered a hardware-level vulnerability affecting Qualcomm chipsets that are widely used in a range of consumer and industrial devices, including smartphones and tablets, car components, IoT devices and more....
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Online scam exposure remains widespread in Egypt despite high levels of self-assurance,...Kaspersky recent survey highlights considerable gap between consumers confidence in identifying online scams and their actual exposure to cyber threats. According to the findings, 28% of respondents in Egypt reported encountering an...
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Kaspersky warns of digital medicine risks on the occasion of World Health...On World Health Day, Kaspersky warns of risks tied to the digitization of healthcare and use of telemedicine. Recent incidents show that medical services can be breached, and as a result, medical...
Markets
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Egyptian Gold Market Exhibits High Pricing Maturity Amid Global Geopolitical HesitationThe domestic gold sector in Egypt has demonstrated stron operational resilience, weathering intense international macroeconomic data releases with a controlled 0.6% price correction. The latest index from digital marketplace iSaagha indicates that while...
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Dream 2000 Surpasses 3 Million Social Media Followers, Solidifying Retail Leadership in...Dream 2000, one of the largest retail chains for smartphones, consumer electronics, and home appliances in the Egyptian market, has officially announced that its aggregate social media following has surpassed 3 million...
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Saudi Arabia’s LIV Golf Strategy Reflects Broader Vision for Sports Investment and...Saudi Arabia’s expansion into global golf through LIV Golf has evolved beyond a conventional sports investment into a broader strategic project that combines economic diversification, international influence, and long-term positioning within the...
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New Event Developments launches its latest project, ”LAYAL Residence,” in the New...In a move reflecting its unwavering confidence in the New Administrative Capital, New Event Developments announced the launch of its latest residential project, LAYAL Residence. This project is part of the companys...
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Madar Real Estate Development announces the complete sale of the first and...In a move that solidifies its position as one of the leading strategic developers in the Egyptian real estate market, Madar Development announced an exceptional achievement, marking a significant transformation in the...
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Businessman Bassam El-Feky announces the acquisition of the ”Jad” brand to develop...
In a strategic move aimed at integrating operational activities with real estate assets, businessman and engineer Bassam El-Feky announced the completion of the acquisition of the leading food and beverage brand, Gad....
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 Announces Upcoming Launch of realme 16 Series in Egypt Featuring 200MP...realme, recognized as the fastest-growing smartphone brand in the Egyptian market, has officially announced the upcoming launch of its latest hardware lineup, the realme 16 series. Scheduled for an imminent release across...
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Xiaomi 17T Pro Impresses With Premium Design and Flagship Features at a...Xiaomi appears to be strengthening its position in the upper mid-range smartphone segment with the Xiaomi 17T Pro, a device that combines premium styling, strong performance, and flagship-inspired features at a relatively...
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Huawei Pura 90 Pro Max Blends Bold Design With Flagship Camera PowerHuawei appears to be doubling down on premium smartphone photography with the launch of the Huawei Pura 90 Pro Max, a device that combines eye-catching aesthetics with some of the company’s most...
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INFINIX Launches the New NOTE 60 Series in Egypt with Advanced Performance...INFINIX has officially launched the new NOTE 60 Series in the Egyptian market, introducing the NOTE 60 Pro and NOTE 60 smartphones as part of its latest flagship lineup designed to elevate...
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realme Reinvents the “Powerful Partner” Experience with the new realme P4 Seriesrealme Reinvents the “Powerful Partner” Experience with the new realme P4 Series Cairo, Egypt ,19th May 2026 – realme, the world’s fastest-growing smartphone brand in Egypt, announced the latest evolution of...
تكنوتايم بالعربي
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رئيس مجموعة باساب: الذكاء الاصطناعي أصبح جزءًا أساسيًا من منظومة التصنيع بالمجموعةكشف المهندس شريف الصياد، رئيس مجموعة باساب، عن بدء تطبيق تقنيات الذكاء الاصطناعي داخل المصانع التابعة للمجموعة، بهدف رفع كفاءة التشغيل وتحسين تقييم الأداء داخل خطوط الإنتاج. وقال، إن المجموعة بدأت استخدام...
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الصياد: نستهدف تصنيع سيارة كهربائية للشباب بسعر 500 ألف جنيهقال المهندس شريف الصياد، رئيس مجموعة باساب، أن المجموعة تعمل حاليًا على دراسة تصنيع سيارة كهربائية صغيرة مخصصة للشباب، بسعر يستهدف الوصول إلى نحو 500 ألف جنيه، في إطار التوسع في وسائل...
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شركة الأمل الشريف للبلاستيك بروتوكول تعاون مشترك مع شركة النصر للتصدير والاستيراد...في إطار تعزيز التعاون الإقليمي ودعم التوسع في الأسواق الإفريقية، وقّعت شركة الأمل الشريف للبلاستيك بروتوكول تعاون مشترك مع شركة النصر للتصدير والاستيراد (جسور) وذلك بهدف توحيد الجهود في مجالات التصنيع والتسويق...
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PayTabs تستحوذ على TAPn’GO لتعزيز المدفوعات اللاتلامسية في المنطقةأعلنت مجموعة PayTabs، إحدى شركات قائمة Future 100 والرائدة الحائزة على جوائز في مجال تنسيق الدفع في منطقة الشرق الأوسط وشمال إفريقيا، اليوم عن إتمام صفقة استحواذ كبرى أخرى. حيث استحوذت على...
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مصر تطلق النسخة الخامسة من جائزة مصر للتميز الحكومي بـ 15 فئة...أعلنت جائزة مصر للتميز الحكومي عن إطلاق دورتها الخامسة لعام 2026في إطار مواصلة دعم جهود الدولة المصرية لترسيخ مبادئ التميز المؤسسي، ورفع كفاءة المؤسسات العامة، وتطوير الخدمات الحكومية، وتسليط الضوء على الكوادر...