News
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Sinai Cement Signs Protocol with the Ministry of Education to Develop Specialized...Sinai Cement Company, a leading cement manufacturer in Egypt, announced the signing of a joint cooperation protocol with the Ministry of Education and Technical Education. The protocol aims to support and develop...
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Jumia Egypt launched initiative to support SME growth in EgyptAs part of its efforts to strengthen the role of e-commerce and support the digital transformation of small and medium-sized enterprises (SMEs), Jumia Egypt, one of Africa’s leading e-commerce platforms, announced the...
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Sinopec H1 2026 Net Profit Jumps 19.3% to $3.81 Billion as Refining...China Petroleum Chemical Corporation (Sinopec), one of the worlds largest refiners, reported a 19.3% year-on-year increase in net profit for the first half of 2026. The results beat analyst expectations despite severe...
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Cityscape Egypt Partners with Knight Frank as Official Knowledge Partner for 15th...Cityscape Egypt, the regions premier real estate exhibition and conference, has entered into a strategic partnership with global real estate consultancy Knight Frank, appointing the firm as the official Knowledge and Content...
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Egyptian Interior Ministry Arrests New Cairo School Owner for Fraudulently Taking Consumer...The Egyptian Ministry of Interior announced the arrest of the owner of a private educational school in New Cairos First Settlement district. The individual is accused of exploiting the personal identification data...
TechnoTime Emirates
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XSquare Raises Pre-Seed Funding Led by Raed VenturesUAE-based business payments company XSquare has closed a pre-seed investment round led by Raed Ventures, with participation from AngelSpark, 500 Global and Oraseya Capital. The funding will support the company’s development of...
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UAE Fintech Mal Secures In-Principle Approval to Establish Licensed Bank After $230...UAE-based fintech Mal has secured in-principle approval from the Central Bank of the UAE to establish a licensed bank, moving the company closer to launching an AI-native Islamic digital banking platform targeting...
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Trump International Hotel amp; Tower Dubai Moves Ahead With Construction on Sheikh...Construction of the Trump International Hotel Tower Dubai is progressing in line with the approved schedule, advancing work on one of the latest ultra-luxury additions to the city’s rapidly evolving skyline. Rising...
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Ajman Real Estate Transactions Reach AED 1.65 Billion in July as Market...Ajman’s property market recorded AED 1.65 billion in real estate transactions during July 2026, extending the emirate’s strong run of activity as investor demand remained resilient across residential and investment properties. The...
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Ras Al Khaimah Draws AED 771.5 Million in New Investment in First...Ras Al Khaimah attracted AED 771.5 million in new investment during the first half of 2026, as the emirate continued to broaden its investor base and strengthen its position as an emerging...
Business
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Food Export Council Identifies $97 Million in Untapped Export Potential for Egyptian...The Food Export Council (FEC) has highlighted massive growth opportunities for Egypts sweet biscuit sector, identifying approximately $97 million in untapped export potential. This forms part of a broader total export capacity...
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Food Export Council: Egypt’s Sweet Biscuit Exports Jumped 117% to $151 Million...The Food Export Council (FEC) organized a specialized webinar titled Opportunities for Exporting Biscuits to International Markets, detailing the robust global trade dynamics of sweet biscuits (under HS Code 190531) and outlining...
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Samp;P Dow Jones Indices Retains Egypt’s Emerging Market Status for 2026, Dispelling...S P Dow Jones Indices has maintained Egypts classification within the Emerging Markets category following the conclusion of its 2026 market classification consultation, according to a statement issued by the Egyptian Exchange...
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Egyptian Petroleum Minister Discusses Boosting Investments and Gas Production with Energean CEOEngineer Karim Badawi, Minister of Petroleum and Mineral Resources, met with Mr. Mathios Rigas, CEO of the Greek energy company Energean, in the presence of Mr. Nicolas Katcharov, the companys Country Manager...
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SCZONE and Techno Bond Sign $50M Egyptian-Saudi Deal for Industrial Aluminum Complex...Mostafa Sheikhoun, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), attended the official signing ceremony of an Egyptian-Saudi joint investment contract with Techno Bond. The project involves establishing...
Technology
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Launch of ”Karnak Chat” An intelligent assistant, built on an Egyptian large...The Ministry of Communications and Information Technology announces the pilot launch of “Karnak Chat”, an intelligent conversational system built on the “Karnak” Large Language Model (LLM), developed by Egyptian minds and expertise...
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Malaysia Drafts Comprehensive E-Commerce Law to Enforce Platform and Seller AccountabilityThe Malaysian government is actively drafting a new e-commerce law to replace the existing legislative framework, aiming to significantly enhance regulation, oversight, and legal accountability for digital platforms, online sellers, and consumers....
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Pakistan and Google Sign Strategic MoU to Boost Digital Economy to $30...The Pakistani government has signed a landmark Memorandum of Understanding (MoU) with Google to accelerate the nations digital transformation, expand AI-driven innovation, and upskill its youth. Witnessed by Prime Minister Shehbaz Sharif,...
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Amazon Plans Rapid Prime Air Expansion to Nearly 500 U.S. Cities by...Amazon plans to significantly scale its Prime Air drone delivery service, targeting expansion into nearly 500 U.S. cities and towns by the end of 2026. The planned rollout represents a sixfold increase...
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iSchool and WE Applied Technology Schools Expand Partnership for StartupTeen 2026 CompetitionEdTech platform iSchool, which specializes in teaching programming and artificial intelligence to students, has announced the continuation of its strategic partnership with WE Applied Technology Schools for the second consecutive year as...
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South Korea Semiconductor Trade Surplus Hits Record $35 Billion in June 2026...South Korea’s semiconductor sector recorded a historic milestone as its chip trade surplus reached a record $35 billion in June 2026. The surge is propelled by accelerating global demand for artificial intelligence...
Smart cities
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CAPMAS: 212,000 Housing Units Executed with EGP 245.3 Billion Investments During 2024/2025The Central Agency for Public Mobilization and Statistics (CAPMAS) issued today, Monday, August 17, 2026, the Annual Housing Bulletin in Egypt for the year 2024/2025. The report revealed a remarkable leap in...
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TMG Deepens Regional Expansion Across Saudi Arabia, Oman and IraqTalaat Moustafa Group Holding (TMG) is moving into a new phase of regional expansion across Saudi Arabia, Oman and Iraq, seeking to export the large-scale integrated community model that has underpinned its...
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TMG Posts EGP 219.1 Billion in H1 Sales as SouthMED and The...Talaat Moustafa Group Holding recorded EGP 219.1 billion in contracted sales during the first half of 2026, with a record second quarter underscoring continued demand across the developer’s portfolio in Egypt and...
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Bonyan’s Real Estate Portfolio Reaches EGP 16.5 Billion as H1 Operating Cash...Bonyan for Development and Trade increased the value of its real estate investment portfolio to EGP 16.51 billion by the end of June 2026, while stronger rental collections and asset sales helped...
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Talaat Moustafa Group (TMG) Targets $18.8 Billion in Sales from New Baghdad...Talaat Moustafa Group Holding (TMG) aims to generate approximately $18.8 billion in cumulative sales from its upcoming integrated urban project in Baghdad, Iraq. This landmark development highlights the Groups ambitious regional expansion...
Banks
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ADIB Appoints Pedro Uria-Recio as Chief AI Officer to Drive Vision 2035...Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has announced the appointment of Pedro Uria-Recio as its new Chief Artificial Intelligence Officer. The strategic hire reinforces the banks leadership capabilities...
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Qatar Digital Payments Surge 40% YoY to QAR 106.8 Billion in July...Qatar’s fintech and digital payments sector recorded robust growth in July 2026, driven by a sharp rise in direct account-to-account transfers, the rapid adoption of instant payment platforms, and steady gains across...
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Saudi Riyal Holds Steady Against Egyptian Pound Across Major Banks and ATMs...The Saudi Riyal (SAR) maintained stable exchange rates against the Egyptian Pound (EGP) during Saturdays trading across automated teller machines (ATMs) and bank branches, August 22, 2026. Currency stability for the Saudi...
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Banque Misr UAE Announces Acceptance of Jaywan Cards Across Its ATM NetworkBanque Misr UAE has announced that Jaywan cards are now accepted across all its Automated Teller Machines (ATMs), enabling cardholders to execute their banking transactions easily, swiftly, and securely around the clock....
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Standard Chartered and HSBC Execute First Live Cross-Border Tokenized Deposit Transaction via...Standard Chartered and HSBC have announced the successful execution of the first live cross-border transaction of tokenized deposits between two banks using Swift’s blockchain-based ledger. This milestone represents a new phase in...
Fin tech
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e-finance Vice Chairman Ahmed Sobhy Announced as Keynote Speaker for Entlaq’s SDR...Entlaq, a prominent Egyptian entrepreneurship ecosystem development company, has officially announced that Ahmed Sobhy, Vice Chairman and Investment Managing Director of e-finance for Digital and Financial Investments, will join the upcoming SDR...
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Suhaala and Cairo Cart Launch 24-Month Installment Offer on ElectronicsSuhaala Direct Financing Solutions, in partnership with Cairo Cart, an electronics and home appliances retailer, has launched a limited-time promotion allowing customers to pay for electronics and related products in installments over...
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Reusable FinTech Certification Could Streamline Bank Due DiligenceA proposed federal regulatory framework could reduce the repeated due-diligence work banks conduct on FinTech and other technology providers by allowing standardized assessments to be reused across institutions. The Federal Deposit Insurance...
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FDIC Weighs BISDO Standards to Streamline Bank-FinTech OversightThe Federal Deposit Insurance Corporation (FDIC) is considering the creation of an industry-led standards organization that could certify FinTech companies and other bank service providers against common risk-management benchmarks, potentially changing how...
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MSMEDA and Aman Holding Sign EGP 250 Million Financing Agreement to Empower...The Micro, Small and Medium Enterprises Development Agency (MSMEDA) has signed a new EGP 250 million financing contract with Aman Holding, a subsidiary of Raya Holding. The strategic agreement aims to expand...
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Lime Consumer Finance Partners with Vertex Learning Solutions to Offer Flexible Educational...Lime Consumer Finance, a company specializing in educational financing in Egypt, has signed a strategic partnership with Vertex Learning Solutions, a specialized provider of educational technology and integrated learning services. The collaboration...
Cars
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Bugatti Unveils the Destrier: A 1-of-1 Masterpiece Transforming the Bolide into a...Bugatti has officially revealed its latest bespoke creation, the Destrier, marking the third unique commission under the brands highly exclusive Solitaire program. The Destrier takes the Bolide—Bugatti’s most extreme track-focused hypercar—and transforms...
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Automotive Dealers Association Warns of 10–15% Spike in Egypt Car Prices Amid...Osama Abou El-Magd, Head of the Egyptian Automotive Dealers Association, has warned of a potential 10% to 15% increase in car prices across the domestic market in the coming period. The anticipated...
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Automakers Pivot to New Engine Oil Blends Amid Middle East Supply Crisis...Major global automakers, including Volkswagen, Stellantis, and Toyota, are increasingly turning to new blends of engine oils and lubricants to mitigate a severe supply shortage triggered by the ongoing conflict in the...
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Haval Jolion 2027 Starts at EGP 985,000 in Egypt After Latest Price...The locally assembled 2027 Haval Jolion Facelift is now priced from EGP 985,000 in Egypt after GB Auto introduced a EGP 35,000 increase across all three variants in August, putting the compact...
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SN Automotive to Launch Locally Assembled Dongfeng Mage EV in Egypt This...SN Automotive is preparing to launch the locally assembled Dongfeng Mage EV in Egypt in September, marking a significant step in the country’s push to build a domestic electric-vehicle manufacturing base. The...
cyber security
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Apple Security Updates Fix 29 Vulnerabilities in iOS, iPadOS and macOSApple has released iOS 26.6.1, iPadOS 26.6.1 and macOS Tahoe 26.6.2, addressing 29 CVE-listed security vulnerabilities affecting WebKit, the operating system kernel and other system components. The company said there is currently...
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Ivanti takes autonomous IT operations to FDC Summit 2026IT teams have spent years reacting to problems after they appear. A device falls out of compliance, an employee opens a support ticket, a patch fails to install or a security issue...
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ExtraHop brings the Agentic SOC to FDC Summit 2026 as cyber defense...Security Operations Centers were built around humans reading alerts, investigating suspicious activity and deciding what to do next. ExtraHop believes that model is reaching its limit. The cybersecurity company is participating in...
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From global technology to local deployment: MCS takes a different role at...The cybersecurity market is full of global vendors promising faster detection, better visibility and more intelligent defenses. But for many organizations, buying the technology is only the beginning. The harder part is...
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At FDC Summit 2026, Gigamon tackles the blind spots hiding inside AI-driven...As enterprises accelerate their adoption of artificial intelligence, the biggest cybersecurity problem may not be the number of security tools they have. It may be what those tools still cannot see. That...
Markets
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Ibnsina Pharma Invests EGP 579 Million in H1 as It Nearly Doubles...Ibnsina Pharma invested EGP 579 million during the first half of 2026 as Egypt’s largest pharmaceutical distributor accelerated spending on distribution centers, technology and logistics capacity to support continued market growth. The...
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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...
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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OPPO Opens Its Largest MEA Service Center in Egypt as It Expands...OPPO has opened a new Experience Center in Faisal, Giza, housing what the smartphone maker says is its largest service center in the Middle East and Africa, as the company steps up...
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OPPO Launches Reno16 Series in Egypt After Reno15 Drives 39% Sales GrowthOPPO has launched its new Reno16 smartphone lineup in Egypt, introducing three models — the Reno16, Reno16 Pro and Reno16 F — as the company looks to build on the strong local...
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Massive Battery, Rugged Build, and Easy Google Apps: Why the HUAWEI nova...Smartphone enthusiasts will agree that the new HUAWEI nova 15 Max is probably the most underrated phone of the year. It packs everything young users need to power through summer break. It...
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Power Without Limits: vivo Y500 Officially Launches in Egypt with the Largest-Ever...vivo Egypt today officially announced the launch of the all-new vivo Y500, the latest addition to its Y Series lineup that redefines what consumers can expect from an entertainment-focused smartphone. Combining vivos...
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OPPO Unveils Reno16 Series for Egypt, Expands Local Manufacturing and AI AmbitionsOPPO is set to launch its new Reno16 Series in Egypt on August 11, introducing a new generation of AI-powered smartphones while expanding its local manufacturing footprint as part of a broader...
تكنوتايم بالعربي
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بنك أبوظبي التجاري يمنح تمويلاً لمجموعة التنمية الصناعية IDG للمساهمة في إقامة...وقّع بنك أبوظبي التجاري - مصر عقد تمويل لصالح مجموعة التنمية الصناعية IDG ، وذلك لمنح تسهيل ائتماني بقيمة 618 مليون جنيه مخصص لتمويل المجمع الصناعي الذي تنشئه الشركة في منطقة أكتوبر...
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«القومي للاتصالات»: أورنج تحسن جودة المكالمات وتحافظ على استقرار خدمات البيانات في...سجلت شبكة «أورنج مصر» تحسنًا في عدد من مؤشرات جودة خدمات المحمول خلال الربع الثاني من عام 2026، بحسب أحدث تقرير صادر عن الجهاز القومي لتنظيم الاتصالات، مع تراجع ملحوظ في عدد...
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«إي آند» تحسن جودة الشبكة في الربع الثاني.. 5 مناطق متأثرة بالمكالمات...سجلت شبكة «إي آند مصر» تحسنًا في عدد من مؤشرات جودة خدمات المحمول خلال الربع الثاني من عام 2026، بحسب تقرير الجهاز القومي لتنظيم الاتصالات، مع استمرار بعض الملاحظات على جودة المكالمات...
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سرعة الإنترنت على فودافون ترتفع إلى 66 ميجابت خلال الربع الثاني من...رفعت فودافون متوسط سرعة تنزيل البيانات على شبكتها خلال الربع الثاني من عام 2026 إلى 66 ميجابت في الثانية، مقابل 62 ميجابت في الثانية خلال الربع الأول، لتسجل زيادة قدرها 4 ميجابت...
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فودافون تسجل أفضل أداء في جودة المكالمات.. 3 مناطق متأثرة فقط خلال...حققت فودافون أفضل نتيجة بين شركات المحمول الأربع في مؤشرات جودة الخدمات الصوتية خلال الربع الثاني من عام 2026، بعدما انخفض متوسط عدد المناطق التي رصد بها الجهاز القومي لتنظيم الاتصالات تجاوزات...



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