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B.TECH Named Toshiba’s Best Strategic Partner at Regional ConferenceB.TECH, one of Egypt’s leading retailers of consumer electronics, home appliances, and consumer finance services, has won Toshiba’s “Best Strategic Partner” award during the company’s annual regional conference. The award recognizes B.TECH’s...
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Gold Observatory: Silver Rallies 6.8% Globally Last Week, Yet Loses Over Half...The Gold Observatory reported that domestic silver prices rose by approximately 2% last week, coinciding with a 6.8% surge in global spot silver. This rally was driven by a weaker US dollar...
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Art Basel in Basel 2026: Samsung Art TV Brings Personal Curation to...Each June, Basel, Switzerland becomes a meeting point for the global art world, with Art Basel’s flagship fair drawing leading galleries, artists, collectors and institutions to Messe Basel and cultural sites across...
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Export Development Committee Member Praises the Inauguration of Egypts New Strategic Command...hamdy Abdelrashid Ayman El-Ashry, Member of the Export Development Committee and Chairman of the Cairo Chamber of Commerce, affirmed that the inauguration of Egypt’s new Strategic Command Center, The Octagon, in the...
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MCIT Partners with Top 50 Women Forum to Launch Youth Empowerment Program...The Ministry of Communications and Information Technology (MCIT) has partnered with Top 50 Women Forum to launch Masarak L Bokra (Arabic for Your Path Ahead), a new program designed to shape well-rounded...
TechnoTime Emirates
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Mastercard and VEON Partner to Expand AI-Powered Digital Financial Services Across Four...Mastercard and global digital operator VEON have announced a strategic collaboration to accelerate access to inclusive and intelligent digital financial services across Ukraine, Kazakhstan, Pakistan, and Uzbekistan. The partnership brings together VEON’s...
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Dubai Off-Plan Office Sales Hit Record AED 13.1 Billion in First Half...Off-plan office sales in Dubai surged to a record AED 13.1 billion during the first half of 2026, exceeding the total value recorded over the previous seven years combined, according to Al...
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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...
Business
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EGX Details Voluntary Tender Offer by NCC and Ascom Consortium to Acquire...The Egyptian Exchange (EGX) has announced the details of a voluntary tender offer submitted by a consortium comprising New Construction Chemical (NCC) and Ascom Real Estate Investment to acquire an additional stake...
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North 29 Capital Invests in Newmark Egypt to Accelerate AI-Led Real Estate...North 29 Capital has completed a strategic investment in Newmark Egypt, in a move aimed at accelerating the development of next-generation real estate brokerage services powered by artificial intelligence and data-driven technologies....
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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...
Technology
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Egyptian Tax Authority Outlines Legal Forms for E-Commerce Businesses Under ”Simply” CampaignThe Egyptian Tax Authority (ETA), as part of its Simply (Bebasata) awareness campaign highlighting the new tax facilities, has clarified the legal forms that e-commerce practitioners can adopt. The Authority stated that...
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Alibaba Bans ”Claude Code” AI Tool Internally Over Security Concerns Amid Distillation...Alibaba has decided to ban the use of the intelligent programming tool Claude Code within its work environments following mounting security concerns regarding potential vulnerabilities or built-in backdoors in the software. According...
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Elon Musk Caps Tesla Employees AI Spending at $200 Weekly While Exempting...A recent report revealed that Elon Musk has imposed a $200 weekly spending limit on Tesla employees use of external artificial intelligence tools. The decision is set to take effect on July...
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Google Releases Satirical Ad Reimagining the US Declaration of Independence with AI...To mark the 250th anniversary of the signing of the US Declaration of Independence, Google has launched a new advertisement imagining how the drafting of the historical document would have looked if...
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IMC Announces New Digital Platforms to Connect Manufacturers and Startups to Deepen...Eng. Nisreen Refaat, Director of the Engineering Industries Sector at the Industrial Modernization Centre (IMC), revealed a new direction to establish digital platforms that bring together manufacturers and startups. This initiative aims...
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Meta Launches ”Pocket”: A New AI-Powered App for Generating Interactive Mini-Games via...Meta has launched a new application named Pocket, enabling users to create interactive mini-apps and games using AI-driven text prompts. This move reflects the companys continuous expansion into AI-powered creative production tools....
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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CBE Report: Egyptian Banks Net Profits Surge to EGP 218.4 Billion in...A recent report issued by the Central Bank of Egypt (CBE) revealed that the net profits of banks operating in the Egyptian banking sector—excluding the CBE—soared to EGP 218.410 billion by the...
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Driving Digital Islamic Finance: Al Baraka Bank Egypt Launches Smart E-Branch in...hamdy Abdelrashid Accelerating its journey toward a digital-first future, Al Baraka Bank Egypt has officially inaugurated its second electronic branch in Alexandrias vibrant Smouha district. The launch highlights the banks aggressive digital...
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CBE Directs Banking Sector to Boost Healthcare CSR Contributions, Exceeding 50% in...The Central Bank of Egypt (CBE) has directed the banking sector to support national initiatives in the healthcare sector. Consequently, the percentage of Corporate Social Responsibility (CSR) contributions allocated by Egyptian banks...
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US Dollar Drops Below EGP 49 Across Most Egyptian Banks in Broad...The US dollar exchange rate against the Egyptian pound witnessed a collective decline during Sundays trading session, dropping below the EGP 49 mark in the majority of banks operating in the Egyptian...
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SBI Crypto Announces Permanent Shutdown of Its Bitcoin Mining Pool by July...In a surprising move that has shaken the cryptocurrency mining sector, SBI Crypto, a subsidiary of SBI Holdings, announced the permanent shutdown of its Bitcoin mining pool services, effective July 31, 2026....
Fin tech
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Egypt Clashes with Argentina in World Cup Round of 16, Winner to...Egypt continues its historic journey in the World Cup after successfully securing a spot in the Round of 16, preparing for a tough matchup against Argentina in a highly anticipated knockout stage...
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Dream 2000 Launches the Latest KIESLECT Smartwatches with Zero Interest and Zero...Dream 2000 has announced the availability of the latest smartwatch models from KIESLECT for its customers, offering convenient installment plans with zero interest and zero down payment. This initiative reflects the companys...
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Indian Fintech Giant Paytm Secures Payment Institution License in Luxembourg to Expand...Indian fintech giant Paytm has successfully achieved a new strategic milestone in its global expansion plans. Its European subsidiary, Paytm Europe Payments S.A., has secured a payment institution license from the financial...
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valU Outlines Promotional Framework for the National Teams Victory CampaignIn celebration of the national teams victory, valU has launched an exclusive, limited-time promotional campaign offering its customers 50% Cash Back on purchases made through its merchant network, applicable to long-term installment...
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Nawy Shares Completes 11th Exit from Crescent Walk with 40% Net Return...Nawy Shares, the fractional real estate investment platform affiliated with Nawy, has completed its 11th successful exit from Crescent Walk, generating a 40% net return for investors within just seven months. The...
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Visa, M-Pesa Launch Stablecoin Pilot to Transform Cross-Border Payments in AfricaVisa, M-Pesa, and pan-African payments infrastructure provider Onafriq have launched a pilot program in the Democratic Republic of Congo (DRC) to test the use of stablecoins for settling cross-border mobile money transactions,...
Cars
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5 Brand New Electric Cars in Egypt Priced Under EGP 1 Million:...hamdy Abdelrashid The Egyptian automotive market is witnessing a notable expansion in the electric vehicle (EV) segment, with the introduction of several new models priced below EGP 1 million. This shift reflects...
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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...
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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Alibaba Bans ”Claude Code” AI Tool Internally Over Security Concerns Amid Distillation...
Alibaba has decided to ban the use of the intelligent programming tool Claude Code within its work environments following mounting security concerns regarding potential vulnerabilities or built-in backdoors in the software. According...
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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...
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...