News
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ExxonMobil Expects Middle East LNG Supply Disruptions to Be Short-Lived, Reaffirms Regions...Speaking at an industry event in Bangkok on Tuesday, Andrew Barry, Head of LNG Market Development at ExxonMobil, stated that the current disruptions to Liquefied Natural Gas (LNG) supplies originating from the...
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US Dollar Holds Steady Against Egyptian Pound at Local BanksThe US dollar remained stable against the Egyptian pound at major Egyptian banks on Thursday, September 17, 2026, with exchange rates showing limited variation across the banking sector. At Alexandria Bank, the...
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Gold Prices in Egypt React to Fed Rate Hike as Global Markets...Gold prices in Egypt moved on Thursday, September 17, 2026, as markets reacted to the U.S. Federal Reserve’s decision to raise interest rates by 25 basis points, or 0.25 percentage point, bringing...
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Egypt’s FRA Bans Consumer Financing for Gold, Introduces New Disclosure RulesThe Financial Regulatory Authority (FRA), chaired by Dr. Islam Ezzam, has issued two circulars to consumer finance companies outlining new regulatory requirements related to the financing of precious metals and the disclosure...
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Entlaq and El Gouna Renew Partnership as SDR Entrepreneurship Summit Returns in...Entlaq and El Gouna Red Sea have renewed their partnership to host the fifth edition of the Egyptian Entrepreneurship Sector Diagnostic Report Summit (SDR 2027), extending a collaboration that has positioned the...
TechnoTime Emirates
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UAE Launches Second Retail Treasury Sukuk IssueThe UAE Ministry of Finance has launched the second issue under its Retail Sukuk Al Khazina programme, offering a five-year tenor as part of efforts to expand citizen and resident participation in...
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Emirates NBD Egypt Releases Third Carbon Footprint Report for 2025Emirates NBD Egypt has issued its third comprehensive carbon footprint report, covering the bank’s operational activities in 2025. The report measures emissions generated by daily operations and supports the development of realistic...
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Dubai Ranks World’s No. 1 Fintech Hub in Latest Global Financial Centres...Dubai has climbed to first place globally in financial technology, according to assessments by international financial industry professionals in the latest Global Financial Centres Index (GFCI), marking a significant advance in the...
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Etihad Airways and Etihad Rail Sign MoU to Explore Integrated Air-Rail Travel...Etihad Airways and Etihad Rail Sign MoU to Explore Integrated Air-Rail Travel Across the UAE Etihad Airways and Etihad Rail, the developer and operator of the UAE’s national railway network, have signed...
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AI and Data Are Pushing Middle East Banks to Redefine the Customer...Artificial intelligence is beginning to change the meaning of customer experience in Middle East banking, as financial institutions move beyond mobile apps and digital self-service toward systems capable of understanding customer behavior,...
Business
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Hisham Talaat Moustafa Named Among Top Travel Leaders in 2026Forbes Middle East has named Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group Holding, to its 2026 list of the region’s top travel and tourism leaders, highlighting the group’s...
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Egypt’s FRA Mandates Behavioral Scoring Using Alternative Data for Consumer FinanceThe Financial Regulatory Authority (FRA) has mandated that licensed consumer finance companies obtain customers’ behavioral credit scores based on alternative data through the Egyptian Credit Bureau (iScore). Under the decision issued by...
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Bonyan Moves to Raise Capital to EGP 1.91 Billion Through Employee Incentive...Egypt’s Financial Regulatory Authority (FRA) has cleared Bonyan for Development and Trade to publish the disclosure required for a proposed capital increase to EGP 1.912 billion, paving the way for shareholders to...
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Egyptian Healthtech Startup Inflaixus Seeks Up to $4 Million to Build AI...Egyptian healthtech startup Inflaixus is seeking to raise between $2 million and $4 million to develop an artificial intelligence platform capable of analyzing multiple types of medical imaging, as the company looks...
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Egypt-Saudi Trade Exchange Rises 19.7% to $7.1 Billion in H1 2026Egypt’s trade exchange with Saudi Arabia increased by 19.7% during the first half of 2026, reaching $7.1 billion, compared with $5.9 billion during the same period in 2025, according to data released...
Technology
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Snap Partners with Salesforce, Nvidia, and AWS to Integrate Enterprise AI into...Snap has announced strategic partnerships with Salesforce, Nvidia, and Amazon Web Services (AWS) to integrate advanced artificial intelligence and enterprise software into its Specs augmented reality (AR) glasses. Unveiled in June with...
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Samsung Co-Leads €200M Funding Round in Dutch Startup Euclyd to Back Nvidia...South Korean tech giant Samsung has backed Dutch semiconductor startup Euclyd in a €200 million (approximately $230 million) funding round. The investment comes amid intensifying global venture capital deployment into viable alternatives...
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X Cashtag Launch Connects Financial Content With TradingX has launched its X Cashtag Partnerships program in the United States, linking financial discussions and market information on the platform with access to trading through participating brokerage firms, including Interactive Brokers,...
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Ora Communication Targets More Than 30% Business Growth in 2026Ora Communication expects its business volume to grow by more than 30% by end-2026 compared with 2025, as the company reports solid growth this year overall. John Girgis, CEO of Ora Communication,...
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InteLogix Launches in Egypt, Plans 10-Fold Expansion of Local WorkforceInteLogix Launches Egypt Operations, Plans Major Workforce Expansion U.S.-based InteLogix has officially begun its operations in Egypt, marking a new step in the company’s global expansion strategy and strengthening the country’s position...
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Zuckerberg Rejects Calls for Coordinated AI Development SlowdownMeta CEO Mark Zuckerberg has rejected calls for technology companies to jointly slow the pace of artificial intelligence development, arguing that market competition and legal liability already provide strong incentives to build...
Smart cities
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Cityscape Egypt Postponement Signals a Shift in How Property Developers Market and...The postponement of Cityscape Egypt’s 2026 exhibition until September 2027 has triggered debate across Egypt’s property industry, raising questions over whether developers are beginning to rethink the role of large-scale exhibitions as...
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Al Oula Freezes EGP 1.25 Billion Securitization Plan as Tighter Requirements Reshape...Al Taamir Mortgage Finance – Al Oula has put a planned EGP 1.25 billion securitization bond issuance on hold, as tighter requirements surrounding securitization portfolios prompt the company to reassess the timing...
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TMG Launches Noor Nawaret Campaign as East Cairos Noor City Begins Delivering...Talaat Moustafa Group (TMG) has launched the Noor Nawaret promotional campaign to mark a significant operational milestone at its Noor City development in East Cairo. The campaign coincides with the handover of...
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Mohamed Ramadan Makes First Move Into Real Estate With MR1 and Giza...Mohamed Ramadan is expanding his business interests beyond entertainment, announcing his first move into real estate investment through two projects in Cairo and Giza in partnership with Egyptian businessman Mohamed Shebl. Ramadan...
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Minister of Housing Reviews Progress of Mega Projects and Urban Services in...Eng. Randa El-Menshawy, Egypts Minister of Housing, Utilities, and Urban Communities, reviewed the executive progress of ongoing projects and urban services in the New Administrative Capital (NAC). The comprehensive review focused on...
Banks
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Saudi Arabia’s $5.3 Billion Deposit with Egypt’s Central Bank Due in OctoberRecent data released by the Central Bank of Egypt (CBE) in its External Position of the Egyptian Economy report revealed that a Saudi medium- and long-term deposit worth $5.3 billion is due...
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US Dollar Prices Show Mixed Movements Against the Egyptian Pound at 10...The US dollar recorded mixed movements against the Egyptian pound at the start of trading on Wednesday, September 16, 2026. The dollar declined at four banks by between one and seven piasters,...
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Nasser Social Bank Adds University Fees to Education Financing Scheme With 15%...Egypt’s Nasser Social Bank has redesigned its education financing product to include university tuition for the first time, while introducing an unusual structure that combines borrowing with savings to help families manage...
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Suez Canal Bank named the “Best Bank for Overall Performance Excellence in...Suez Canal Bank has been awarded the “Best Bank for Overall Performance Excellence in Egypt for the Year 2026” by the World Union of Arab Bankers, reflecting the Bank’s strong performance and...
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QNB Egypt CEO Mohamed Bedeir Expresses Gratitude for Condolences on the Passing...hamdy Abdelrashid Mohamed Bedeir, Chief Executive Officer of QNB Egypt, has issued a public message expressing his profound gratitude and appreciation to everyone who offered their condolences following the passing of his...
Fin tech
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CI Capital Completes EGP 883M Securitization for SouhoolaCI Capital, a leading diversified financial services group, has completed an EGP 883 million securitization issuance backed by an EGP 1.05 billion transferred portfolio for Capital Securitization, with BM Consumer Finance “Souhoola”...
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Nagaty on Egypt’s Consumer Finance and Gold RulesEntrepreneur Mohamed Abou El-Naga Nagaty said decisions by Egypt’s Financial Regulatory Authority to prohibit consumer finance companies from investing in or dealing with gold, silver and precious metals are an important step...
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Khazna Sets Sights on Major Saudi Expansion with SAR 500 Million InvestmentKhazna Plans to Invest More Than SAR 500 Million in Saudi Arabia by 2030 Khazna, a fintech company, plans to invest more than SAR 500 million in the Saudi market by 2030...
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FRA Requires Consumer Finance Firms to Use Behavioral ScoringEgypt’s Financial Regulatory Authority (FRA) has required licensed consumer finance companies to digitally verify customer data and review behavioral scoring based on alternative data through iScore, taking the results into account when...
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iExperts Completes Four SOC 2 Projects with «eamp;» for Second YeariExperts has announced the continuation of its partnership with «e » for a second consecutive year, completing four SOC 2 assessment projects aimed at supporting cybersecurity and compliance practices while strengthening the...
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PayPal Claims Top Spot in Roundtable 100 Tech Power Rankings Driven by...PayPal has secured the number one position in this week’s technology power rankings, climbing three spots to top the Roundtable 100 index. The ascent reflects a complex but favorable strategic narrative, as...
Cars
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Nissan Captures 34% of Egypt’s Locally Assembled Car Sales as Sunny Leads...Nissan has strengthened its position at the top of Egypt’s locally assembled passenger car market, capturing 34.1% of sales during the first seven months of 2026, as locally produced models continue to...
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Tesla Schedules Next-Gen Roadster Reveal for October 1 Amid Autonomous PivotTesla has scheduled the official reveal of its next-generation Roadster sports car for October 1, 2026, nearly a decade after the concepts original debut. The announcement revives one of the automakers most...
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Tesla to Unveil Long-Delayed Next-Gen Roadster on October 1 Amid Strategic Pivot...Tesla is preparing to officially unveil the revamped production version of its high-performance Roadster on October 1, 2026. The reveal comes nearly a decade after the next-generation concept was first introduced, reviving...
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Chinas NEVs Hit Record 60.6% Market Share in August Amid Export BoomData released by the China Association of Automobile Manufacturers (CAAM) showed that the dominant position of new energy vehicles (NEVs) in the Chinese auto market was further consolidated in August. NEVs accounted...
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Trump Says He is Open to Chinese Automakers Building Factories in the...US President Donald Trump stated on Friday that he will not oppose Chinese automakers building car manufacturing plants in the United States, despite widespread pushback from lawmakers and American car companies. If...
cyber security
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Fake Reddit Ad Puts Windows and Mac Users at Risk of MalwareFake Reddit Ad Targets Windows and Mac Users Cybersecurity researchers have warned about a fraudulent campaign exploiting Reddit’s name to target Windows and Mac users through fake advertisements and misleading pages. The...
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FDC Summit 2026 Puts AI, Data Centers and Cybersecurity at the Center...Global and Egyptian technology companies will gather in Cairo later this month for the eighth edition of FDC Summit, as the event shifts its focus toward a question that is increasingly shaping...
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FDC Summit eyes African and Arab expansion as Egypt strengthens regional digital...The Future of Digital Countries Summit (FDC Summit) is preparing to expand its regional presence across Africa and the Arab world, as organizers seek to build a broader platform connecting Egypt’s technology...
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FDC Summit to become independent non-profit organization in 2027, Tarek Shabaka saysThe Future of Digital Countries Summit (FDC Summit) will move out from under the umbrella of MCS starting in 2027 and operate through an independent non-profit organization, according to Tarek Shabaka, who...
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2026 Report Calls for Industrial Sandbox to Close Digital Policy GapThe 2026 Annual Entrepreneurship Sector Report, issued by Intilaq for Entrepreneurship, has identified a policy gap in Egypt’s industrial sector, citing the absence of a dedicated regulatory sandbox for manufacturing and a...
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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“Reheating Our Leftovers”: Samsung Mocks Apple After Its First Foldable iPhone Finally...Apple’s long-awaited entry into foldable smartphones has given Samsung an opportunity it was never likely to ignore. Soon after Apple unveiled the iPhone Duo, its first foldable smartphone, Samsung turned the launch...
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Huawei Maintains Leadership in Global Wrist-Worn Device Market in H1 2026 with...Recently, IDC, a leading global market research firm, released its wrist-worn device market report for the first half of 2026. The report shows that Huawei continues to lead the global wrist-worn device...
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Huawei and Xiaomi Launch Next-Gen Foldables in China Ahead of Apple’s Market...Chinese tech giants Huawei and Xiaomi are preparing to launch their latest foldable smartphones in China on Monday, escalating competition in the premium handset segment just days before Apple is anticipated to...
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Five Reasons You Might Want to Think Twice Before Buying a Samsung...Samsung Galaxy phones are among the most successful Android devices on the market, offering some of the best displays, capable cameras and one of the longest software-support commitments available on a smartphone....
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HUAWEI Collaboration at Valu Café on Triple-Zero Payment Plans for Up to...As part of its continued commitment to its customers and its dedication to sharing important moments and occasions with them, HUAWEI is collaborating with Valu to hold a special event celebrating the...
تكنوتايم بالعربي
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الرئيس السيسى: بنك التنمية الجديد يجب أن يوسع التمويل الميسر للدول الناميةشارك السيد الرئيس عبد الفتاح السيسي، اليوم في العاصمة الهندية نيودلهي، في الجلسة المفتوحة وغداء العمل لقادة الدول الأعضاء والدول الشريكة في تجمع البريكس، والتي انعقدت تحت عنوان الصمود والابتكار والتعاون والاستدامة:...
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في مفاجأة تاريخية.. تريدلاين تعلن فتح باب الحجز المسبق لهاتف iPhone 18...كشفت سلسلة متاجر تريدلاين، الرائدة في بيع منتجات أبل في مصر، عن خطوة غير مسبوقة في تاريخ السوق المحلي، عقب الإعلان الرسمي عن السلسلة الجديدة من هواتف iPhone 18 عالمياً. وأعلنت تريدلاين...
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«AI in Action» في قلب الدورة الثلاثين.. CairoICT يطلق جوائز للمؤثرين ومسابقة...كشف أسامة كمال، رئيس شركة تريد فيرز إنترناشيونال المنظمة لمعرض ومؤتمر CairoICT، عن عدد من الملامح الجديدة التي تشهدها الدورة الثلاثون للمعرض، وفي مقدمتها وضع التطبيقات العملية للذكاء الاصطناعي في قلب الحدث...
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بروتوكول تعاون بين ”الرقابة المالية” و”البريد المصري” لإتاحة خدمة ”بريدي” للمراسلات الرسمية...د.إسلام عزام، رئيس الهيئة العامة للرقابة المالية: - تطوير الأطر التنظيمية للأنشطة المالية غير المصرفية قريبًا.. للانتقال من المراسلات الورقية إلى البريد الإلكتروني المسجل - الهيئة على رأس الجهات الداعمة لرقمنة الإجراءات...
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“جوميا” تطلق «جوميا فيستيفال 2026» لتعزيز تجربة التسوق الرقمي للعملاء خلال الفترة...أعلنت جوميا عن إطلاق «جوميا فيستيفال 2026»، لتقديم تجربة تسوق أكثر تنوعًا ومرونة لعملائها، من خلال مجموعة واسعة من العروض والخصومات وخيارات الدفع، وذلك خلال الفترة من 31 أغسطس حتى 13 سبتمبر...



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