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TechnologyNews
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UAE Fintech Maalexi Secures $2.8M in Oversubscribed Pre-Series A Round Led by...UAE-based fintech and agritech startup Maalexi has successfully closed an oversubscribed funding round of $2.8 million. The round was led by Saudi Arabias Tawuniya, with participation from UAE-based venture capital firm Global...
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Egypt Hands Over AfCFTA Ministerial Council Presidency to Nigeria at 18th Meeting...Dr. Mohamed Farid Saleh, Minister of Investment and Foreign Trade, participated in the 18th meeting of the African Continental Free Trade Area (AfCFTA) Council of Ministers, hosted in the Nigerian capital, Abuja....
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Ernst amp; Young provides more than 1,000 specialized job opportunities during three...Eng. Rafat Hindi, Minister of Communications and Information Technology, discussed with the leaders of Ernst Young (EY) in the Middle East and North Africa, the plans to expand the company specialized in...
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Saudi Businesses See Strong AI Returns as Workforce Transformation Accelerates, SAP Survey...Saudi companies are seeing tangible returns from artificial intelligence as investment becomes more disciplined and workforce preparation gathers pace, according to a new SAP-commissioned YouGov survey of chief IT decision-makers in the...
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Transmed Enhances Security Operations for the AI Era with Palo Alto NetworksTransmed, one of the region’s largest and fastest growing FMCG companies, has transformed its security operations centre (SOC) with a fully managed deployment of Palo Alto Networks AI-driven Cortex platform through the...
TechnoTime Emirates
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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...
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Kerno Enterprises Opens UAE’s First Enterprise IT Hardware Factory in Dubai Silicon...Kerno Enterprises has officially opened its headquarters and first manufacturing facility in Dubai Silicon Oasis, marking the launch of what the company described as the UAE’s first plant dedicated to enterprise information...
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Dubai Finance Brings Together Government and Academic Leaders to Explore the Future...Dubai’s Department of Finance organized the Innovation and Future Foresight Forum in Financial Management, bringing together a distinguished group of government officials, academic experts, and specialists to discuss emerging trends and innovative...
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How the Iran War Reshaped Gulf Energy Strategies and Turned Crisis Into...The 111-day conflict involving Iran has fundamentally altered the strategic calculations of oil and gas producers across the Gulf, providing a stress test that exposed vulnerabilities while accelerating efforts to strengthen energy...
Business
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Elsewedy Electric Expands AI Transformation with 101 Projects Across Its Global OperationsElsewedy Electric, a regional leader in integrated energy and infrastructure solutions, has unveiled the progress of its enterprise-wide artificial intelligence (AI) transformation strategy, highlighting the deployment of AI across its operations to...
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Egyptian Food Exports to China Surge by 151% in 2025, Reaching $137...Mai Khairy, Executive Director of the Food Export Council (FEC), revealed that Egyptian food industry exports to China achieved unprecedented growth during 2025, surging by 151% compared to 2024. During a workshop...
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QNB Egypt Expands Footprint with New Branch Inauguration in Dakahlia’s Minyat El...hamdy Abdelrashid QNB Egypt inaugurated a new branch on Wednesday in the city of Minyat El Nasr, Dakahlia Governorate. The move reflects the bank’s strategy to expand its modern banking services and...
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Egyptian Pavilion Opens at Summer Fancy Food Show in New York with...Ambassador Tamer El-Melegy, Consul General of the Arab Republic of Egypt in New York, and Minister Plenipotentiary Yahya El-Wathik Bellah, Head of the Commercial Representation Office in Washington, inaugurated the Egyptian pavilion...
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EdVentures Founder Dalia Ibrahim Honored by AUC Venture Lab for Advancing Egypts...CAIRO – Dalia Ibrahim, Founder and CEO of EdVentures and CEO of Nahdet Misr Group, has been awarded the V-Lab Award by The American University in Cairos Venture Lab (AUC Venture Lab)...
Technology
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UAE’s Whiteshield Secures $15M from Ruya Partners to Accelerate Global Expansion of...Whiteshield, a UAE-based company specializing in sovereign AI solutions for governments, has successfully closed a $15 million funding round backed by Ruya Partners. The capital injection is earmarked to accelerate the development...
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Magna AI and Naver Innovation Forge Strategic Partnership to Advance Sovereign AI...Magna AI, a company specializing in sovereign Artificial Intelligence—established in partnership with Trend Micro and Wistron Digital Technology Holding and powered by advanced NVIDIA technologies—has announced a strategic partnership with Naver Innovation,...
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Central Bank of Egypt Launches “Be Smarter than the Scammer” Campaign to...In its ongoing efforts to enhance financial and banking awareness, the Central Bank of Egypt (CBE) has launched a new educational video titled Be Smarter than the Scammer. The initiative aims to...
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Together AI Secures $800M in Massive Funding Round, Valuation Hits $8.3 BillionTogether AI, a leading provider of artificial intelligence infrastructure, has successfully secured a massive $800 million funding round, propelling its market valuation to $8.3 billion. This marks one of the largest deals...
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BlueFive Capital Acquires 70% Controlling Stake in UAE-Based Gulf CoblaBlueFive Capital, one of the world’s fastest-growing global asset management firms, announced today that it has acquired a 70% controlling stake in Gulf Cobla LLC, a UAE-based company specializing in dredging and...
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Swedish Court Orders Google to Pay $1.5B to Klarna Over Search Dominance...A Swedish court has ordered Google to pay $1.5 billion in damages to Klarna, the parent company of the price comparison site PriceRunner, after finding the tech giant guilty of abusing its...
Smart cities
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Expo City Dubai and Emirates NBD Forge Strategic Partnership to Offer Tailored...Expo City Dubai has announced the signing of a strategic partnership agreement with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Turkey) region, to provide customized...
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Madinet Masr Board Approves Purchase of Up to 2% of Treasury SharesMadinet Masr announced that its Board of Directors approved, on June 28, 2026, the execution of a treasury share buyback program, targeting the purchase of up to 2% of the companys total...
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One of One Taps DEX Squared to Secure Global Hotel Brand for...One of One Developments has signed a strategic partnership with hospitality consultancy DEX Squared to select an international hotel brand for its Bridges mixed-use development in Sheikh Zayed City. Under the agreement,...
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Heliopolis Housing and Development Unveils EGP 5 Billion Mega Mixed-Use Entertainment Complex...In a major move to transform the urban landscape of East Cairo, Heliopolis Housing and Development (HHD) has officially finalized the architectural designs for a massive 75-acre integrated entertainment, commercial, and hospitality...
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Madar Developments Announces 7 New Branded Residence Projects in Egypt Through Exclusive...Speaking at the Decision Makers Conference held at the prestigious Grand Egyptian Museum, Ahmed Ehab, CEO of Madar Developments, outlined the company’s transformative vision for Egypt’s real estate and hospitality sectors. He...
Banks
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Gold Prices Today in Egypt: 21-Karat Stabilizes Amid Morning TradingGold prices in Egypt maintained stability at the opening of todays trading session. The widely popular 21-karat gold recorded 5,725 EGP for selling and 5,660 EGP for buying. Meanwhile, the high-purity 24-karat...
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US Dollar Exchange Rates Today in Egypt: Latest Banking UpdatesAccording to the latest updates today, the US Dollar (USD) exchange rate at the Central Bank of Egypt (CBE) stood at 49.05 EGP for buying and 49.19 EGP for selling. At both...
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Central Bank of Egypt Denies Rumors of Printing New Small-Denomination Paper CurrencyThe Central Bank of Egypt (CBE) has officially refuted recent reports circulating on social media platforms and news websites regarding the issuance of new paper banknotes in denominations of 25 piasters, 50...
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In-Depth Economic amp; Institutional Report Style TitleThe International Monetary Fund (IMF) announced it has reached a staff-level agreement with the Egyptian government regarding the policies needed to complete the seventh review under the Extended Fund Facility (EFF) and...
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Goldman Sachs Forecasts US Dollar to Drop to 46 EGP within 12...US investment bank Goldman Sachs has projected that the US dollar exchange rate against the Egyptian pound will decline to approximately 46 EGP over the next 12 months. This optimistic forecast is...
Fin tech
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2B Egypt Launches Flexible 60-Month Installment Plans on All TVs in Partnership...hamdy Abdelrashid Leading tech retailer 2B Egypt has rolled out a new promotional campaign, offering customers the opportunity to purchase any new television by paying just 50% of the total value upfront....
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Subscribe to beIN Today with valU: Enjoy 0% Interest, 0% Fees, and...Pay your beIN subscription today with valU and enjoy 0% interest, 0% purchase fees, and 0% down payment for up to 6 months! Dont miss a single moment of the worlds most...
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Octane Clinches Entrepreneurs Award at Egypt’s Best Summit 2026 for Revolutionizing Digital...Octane, a pioneer in digital fleet payment solutions, has been honored with the Entrepreneurs Award at the Egypts Best Summit 2026, an event celebrating the top 100 companies in the country. The...
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Tatweer Misr Concludes its 7th Innovation Competition, Awarding EGP 1.6 Million to...Tatweer Misr, a leading real estate developer in Egypt, announced the conclusion of the seventh edition of the Tatweer Misr Innovation Competition during a grand ceremony held at the Saladin Citadel. The...
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Raya IT Appoints Marwa Abbas as CEO to Lead Next Phase of...Raya Holding for Financial Investments has appointed Marwa Abbas as Chief Executive Officer of Raya Information Technology (Raya IT), marking a significant leadership transition as the company accelerates its regional expansion and...
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dopay Expands Branch Network Across Egypt to Accelerate Financial Access for Employeesdopay, a leading provider of digital payroll payments and employee financial services, has announced plans to expand its branch network across Egypt as part of its strategy to widen access to digital...
Cars
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SN Automotive to Launch Egypt’s First Fully Locally Assembled Electric Car in...SN Automotive is stepping up preparations to launch what it describes as the first fully locally assembled electric vehicle in Egypt and the Middle East during the third quarter of 2026. The...
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El-Khanagry, Delmar Partner to Localize Smart Sunroof Systems in EgyptEl-Khanagry Group for Automotive Feeding Industries and Delmar Automotive, a subsidiary of Delmar Industrial Group, have signed a strategic partnership to develop, manufacture, assemble, and supply smart automotive sunroof systems in Egypt...
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SN Automotive to Launch Egypts First Fully Locally Assembled Electric Vehicle in...Marking a historic milestone for the Egyptian automotive sector, SN Automotive has announced it is accelerating its final preparations to unveil the country’s first fully locally assembled Electric Vehicle (EV). The highly...
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Egypt Targets $100 Billion in Exports While Positioning Itself as a Regional...Egypt is pursuing an ambitious strategy to transform itself into a regional center for automotive manufacturing and boost exports to $100 billion by 2030, supported by unprecedented incentives for investors and a...
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Egypt to Launch Sovereign Industrial Fund and Position Itself as a Regional...Egypt is preparing to launch a sovereign fund dedicated to supporting the industrial sector and attracting international manufacturers, as the government intensifies efforts to transform the country into a regional automotive production...
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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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...
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Yahya Abu El-Fotouh appointed CEO and Managing Director of the Housing and...The Housing and Development Bank announced that Hassan Ghanem has submitted his resignation from his position as CEO and Managing Director, effective June 30, 2026. The bank explained that its Board of...
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A strategic partnership agreement was signed between Dal Developments and Mahara, led...DAL Developments, a real estate development company, announced a strategic partnership with Mahara, a company specializing in the development and management of sports and entertainment facilities, led by former world squash champion...
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Sami Qalini: Survival belongs to those who are most truthful in delivery...Engineer Sami Qaliny, an expert in real estate development, emphasized that in the real estate market, promises alone are no longer sufficient. With increased competition and a proliferation of projects, clients have...
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BLOC project by Bin Salem Developments: An investment model that combines strategic...Bin Salem Developments’ BLOC project continues to attract investor interest in the New Administrative Capital, thanks to a combination of advantages including a strategic location, significant construction progress, flexible payment plans, and...
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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Samsung Launches Galaxy A27 5G with AI-Powered Features, 120Hz AMOLED Display and...Samsung Electronics Egypt has unveiled the Galaxy A27 5G, the latest addition to its Galaxy A series, introducing a larger immersive display, enhanced artificial intelligence capabilities, improved performance, and long-term software support...
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Soon in Egypt… The All-new HUAWEI nova 15 Max Delivers Extreme Endurance...The HUAWEI nova 15 Max is set to redefine smartphone endurance with its massive battery and durable design. Designed for users who demand reliable all-day performance without compromise, the latest addition...
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Huawei Cloud Launches Model-as-a-Service (MaaS) in Egypt to Facilitate Enterprise AI AdoptionSupporting Egypt’s national agenda for AI adoption and digital transformation, Huawei Cloud announced the launch of its Model-as-a-Service (MaaS) offering in Egypt. The service enables enterprises to access, customize, and use Large...
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realme launches realme 16 5G with Dual 50MP Cameras, Industry-First Selfie Mirror,...realme, the world’s fastest-growing smartphone brand in Egypt, has officially unveiled the new realme 16 5G, a smartphone designed for a new generation of young photography lovers and content creators who want...
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realme Celebrates Brand Ambassador Emam Ashour’s Viral World Cup Goalrealme, the world’s fastest-growing smartphone brand in Egypt, is celebrating a historic moment as its Brand Ambassador, Emam Ashour, scored Egypt’s first goal in the FIFA World Cup 2026, a moment that...
تكنوتايم بالعربي
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Emirates NBD Launches Integrated Rewards Hub via ENBD X App to Revolutionize...Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has officially announced the launch of its all-new Rewards Hub within the ENBD X mobile banking...
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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...