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BanksNews
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Egypt’s University of Informatics Strengthens Academic Collaboration with Czech RepublicProfessor Dr. Ahmed Hamad, Acting President of Egypt University of Informatics, received H.E. Ivan lehl, Ambassador of the Czech Republic to Egypt, along with a Czech delegation, at the university s headquarters...
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Egypt’s Consumer Finance Market Surges 57% in 2025, Expands Customer BaseEgypt s consumer finance market witnessed significant growth in 2025, with the total value of financing provided by consumer finance companies reaching EGP 96.271 billion, up from EGP 61.317 billion in 2024...
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Intesa Sanpaolo Delivers Record €9.3 Billion Net Income in 2025 and Unveils...Intesa Sanpaolo announced its full-year results for 2025, reporting a net income of 9.3 billion the strongest performance in the group s history. The results were driven by record-high fee income (up...
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eamp; Egypt’s Ramadan 2026 Campaign Becomes a Digital Phenomenon, Surpasses 600 Million...What began as a seasonal Ramadan campaign has quickly evolved into a full-scale digital phenomenon. e Egypt s 2026 Ramadan advertisement has exceeded 600 million views across major social media platforms, including...
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Egypt’s Gold Prices Rise for Second Week as Industry Targets $9 Billion...The weekly report issued by the Gold and Precious Metals Division at the Federation of Egyptian Industries monitored recent market developments and performance over the past week, alongside an extensive discussion among...
Business
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Central Bank of Egypt’s “Nilepreneurs” Business Development Centers Serve Over 502,000 EntrepreneursThe Central Bank of Egypt (CBE) announced that the Business Development Centers (BDCs) under the Nilepreneurs initiative have successfully delivered more than 1.16 million non-financial and advisory services to approximately 502,000 clients,...
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PepsiCo Egypt Launches “30 Days of Goodness and Still Going” Ramadan Campaign...PepsiCo Egypt, through its subsidiaries Pepsi-Cola Egypt and Chipsy Food Industries, has launched the 30 Days of Goodness and Still Going campaign to support vulnerable families and improve their quality of life...
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EMSTEEL Group Signs Long-Term Maritime Transport Agreement with Oldendorff CarriersEMSTEEL Group (ADX: EMSTEEL), one of the region s largest publicly listed producers of steel and building materials, has announced the signing of a renewed maritime transportation agreement for raw materials with...
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InDrive Launches Ramadan Contest for Drivers Offering Gold Coins and Eid Clothing...inDrive , a leading smart mobility platform in Egypt and the MENA region, has announced a Ramadan contest for its drivers, designed with a family-oriented theme extending through Eid al-Fitr celebrations. The...
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Milano–Cortina 2026 Exposes Europe’s Payment Dependency as Visa Dominates Olympic TransactionsThe Milano Cortina Winter Olympics 2026 has highlighted a growing gap in Europe s payments ecosystem, after Visa emerged as the exclusive card payment provider inside official Olympic stores. This exclusivity stems...
Technology
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Samsung Introduces “Plex” AI Assistant for Galaxy Devices to Enhance Daily User...Samsung announced the development of its AI experience on Galaxy devices with the introduction of a new assistant named Plex within the Galaxy AI ecosystem, set to become a core feature in...
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Orange Egypt Launches Its Largest Community Initiative in Ramadan 2026 to Support...Orange Egypt announced the launch of its largest integrated community program during Ramadan 2026, aiming to support thousands of underprivileged families across various Egyptian governorates. The initiative includes a wide range of...
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AI Fuels Market Divergence as U.S. Tech Stocks Slide and China’s AI...U.S. markets are witnessing a broad sell-off in technology stocks, driven by growing concerns that the rapid expansion of artificial intelligence could undermine traditional business models, particularly in software and wealth management....
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Google Launches Global Multimodal AI Agents Competition with $25,000 Grand PrizeGoogle has announced the launch of a new global competition focused on developing multimodal artificial intelligence agents, with participation open to developers from Egypt and around the world. The competition offers a...
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xAI Expands Grok into Gaming Expertise with Baldur’s GatexAI continues to enhance the capabilities of its intelligent model Grok by developing it into a specialized reference for the popular video game Baldur s Gate. This move reflects the company s...
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Microsoft Maintains Full Renewable Energy Coverage Amid AI Data Center ExpansionMicrosoft has announced its continued commitment to purchasing sufficient renewable energy to cover its entire electricity needs, following the achievement of this milestone for the first time last year, as the company...
Smart cities
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City Edge Begins New Phase of Retail and Famp;B Unit Handover at...City Edge, a leading real estate development and asset management company in Egypt, announced the commencement of a new phase for handover of retail and F B units at Maspero Mall, one...
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Inertia Targets EGP 16 Billion in Sales and EGP 6 Billion in...Inertia Real Estate Development has unveiled an ambitious strategy for 2026, targeting EGP 16 billion in sales compared to EGP 6 billion achieved in 2025, marking a projected growth of approximately 167...
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Emaar Misr Begins Handover at Cairo Gate as Life Takes Shape in...Cairo, February 19, 2025: Emaar Misr for Development, a subsidiary of Emaar Properties PJSC, continues to strengthen its leading position in Egypt s real estate market with the launch of unit handovers...
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Marseilia Egyptian Gulf Launches “Marseilia Beach 6” Project on Egypt’s North CoastMarseilia Egyptian Gulf for Real Estate Investment announced the launch of its latest investment project on Egypt s North Coast under the name Marseilia Beach 6 , as part of its portfolio...
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Madinet Masr Signs MoU with Coventry University Egypt to Bridge Academia and...Madinet Masr announced the signing of a Memorandum of Understanding (MoU) with the Business School of Coventry University Egypt, which operates under The Knowledge Hub Universities in the New Administrative Capital. The...
Banks
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Comparative Analysis of Banking Sector Performance in Egypt and Saudi Arabia (2008–2024)A recent analytical study by researchers Baher Abdel Aziz and Hatem Ramadan examined the evolution of the banking sector in Egypt and Saudi Arabia between 2008 and 2024, highlighting strategic transformations amid...
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QNB Egypt Graduates New Cohort of SME Banking Specialists in Collaboration with...QNB Egypt celebrated the graduation of a new cohort of employees who successfully completed its specialized training program aimed at enhancing skills in financial services for small, medium, and micro enterprises (SMEs)....
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Banque du Caire and Fawry Win “Best Financial Institution Deal – Egypt”...Banque du Caire and Fawry, Egypt s leading fintech company, celebrated winning the Best Financial Institution Deal Egypt at the Euromoney Awards for Excellence 2025 (Transaction Banking). The award recognizes the pioneering...
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QNB Group Appoints Football Star Achraf Hakimi as Brand Ambassador, Launches Ramadan...QNB Group announced the appointment of football star Achraf Hakimi as its new brand ambassador, marking the start of a strategic partnership and the launch of its Ramadan television advertisement titled No...
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US Dollar Extends Gains Against the Egyptian Pound Across BanksThe US dollar continued to strengthen against the Egyptian pound during Sunday s trading session, recording a collective increase of 18 piasters at several banks compared with last Thursday s close. The...
Fin tech
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Easy Kash Surpasses EGP 1 Billion in Transactions, Accelerates Digital Payments for...Easy Kash, a digital payments solutions provider, announced that the total value of transactions processed through its platform exceeded EGP 1 billion over the past year, as the company continues to build...
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Paymob Hosts Strategic Event at Emirates Institute of Finance to Accelerate Digital...Paymob announced the organization of a strategic event at the Innovation Center of the Emirates Institute of Finance (EIF) in the United Arab Emirates. The event was attended by senior officials from...
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Contact Financial Holding Strengthens Institutional Presence with Election of Sherif Bakir to...In line with its leading role in advancing Egypt s non-banking financial services sector particularly consumer finance Contact Financial Holding announced the election of Sherif Bakir, Group Chief Commercial Operations Officer, to...
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FawryPlus Strengthens Market Leadership with Opening of 350th Branch in Smart VillageFawryPlus, a subsidiary of Fawry and a leading provider of financial inclusion and banking enablement services, has announced the opening of its 350th branch nationwide at Smart Village, Egypt s premier business...
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Visa Launches New Sub-Region Covering Egypt, Libya amp; Sudan to Boost Digital...Visa (NYSE: V), a global leader in digital payments, has announced the creation of a new sub-region including Egypt, Libya, and Sudan as part of its strategic plans to accelerate digital payment...
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Breadfast Raises $50 Million in Pre-Series C Round to Fuel Regional Expansion...Egyptian online grocery platform Breadfast has successfully closed a USD 50 million Pre-Series C funding round , aimed at strengthening its infrastructure and accelerating regional expansion, ahead of a larger Series C...
Cars
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US Federal Court Upholds $243 Million Verdict Against Tesla Over Fatal Autopilot...A US federal court has rejected a request by Tesla to overturn a ruling ordering the company to pay $243 million in damages related to a fatal 2019 crash involving a Tesla...
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Over 12,000 Dual-Fuel Vehicles Licensed in Egypt in JanuaryA total of 12,328 dual-fuel vehicles (gasoline and natural gas) were licensed across various traffic units in Egypt during January, according to the latest report issued by the Egyptian Compulsory Motor Insurance...
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Dubai Taxi Company and Bolt Partner with National Taxi to Advance Smart...Dubai Taxi Company, in cooperation with its strategic partner Bolt, announced the signing of a strategic agreement with the National Taxi Company, marking a new step in advancing the future of urban...
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Uber Invests Over $100 Million to Build Charging Infrastructure for Autonomous RobotaxisUber has announced plans to invest more than $100 million in developing dedicated charging infrastructure for autonomous vehicles, signaling an accelerated push to become a major player in the robotaxi and smart...
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GB Auto Confirms Preparations to Introduce Chery’s iCAR Brand to the Egyptian...GB Auto, a subsidiary of GB Corp, has confirmed the accuracy of recent reports regarding its preparations to launch iCAR, the Chinese automotive brand owned by Chery Group, in the Egyptian market....
cyber security
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Kaspersky Study: 80% of Egyptian Firms Plan AI-Driven SOCs, but Talent and...Nearly all organizations planning to establish a Security Operations Center (SOC) view artificial intelligence (AI) as an essential component. However, despite strong expectations, many companies continue to face substantial barriers in effectively...
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Kaspersky Reveals Previously Undetected Attack Chains in Notepad++ Supply-Chain CompromiseResearchers from the Global Research and Analysis Team (GReAT) at Kaspersky have uncovered a complex and previously underreported supply-chain compromise involving the popular open-source software Notepad++, exposing risks that extend far beyond...
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Telecom Threats From 2025 to Persist Into 2026 as Emerging Technologies Add...Telecommunications cybersecurity threats that shaped 2025 are expected to continue well into 2026, with new technology deployments introducing additional layers of operational and security risk, according to the latest findings from Kaspersky....
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Kaspersky Warns AI Will Drive Major Cybersecurity Risks for the Global Entertainment...Kaspersky has identified artificial intelligence as the central factor behind a new wave of cybersecurity threats expected to impact the global entertainment industry in 2026, according to its latest Kaspersky Security Bulletin....
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Majority of IT Professionals in Egypt Show Strong Openness to Cyber ImmunityEgypt s cybersecurity landscape is undergoing a notable shift, as organizations increasingly look beyond traditional defense models toward more resilient and proactive security approaches. A recent global study conducted by Kaspersky indicates...
Markets
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Labor Market Transformations in Egypt: Alternative Pathways for Jobs at Risk from...The Egyptian Center for Economic Studies held a seminar on Sunday to present the results of the labor demand analysis in the Egyptian labor market for the fourth quarter of 2025, under...
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Talabat Holding PLC Announces Strong Q4 2025 Financial Results and a Disciplined...Talabat Holding PLC ( Talabat or the Company ), the leading on-demand online ordering and delivery platform in the Middle East and North Africa, announced its preliminary (pro forma) financial results for...
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Kenz Launches Ramadan 2026 Campaign with Discounts Up to 50% and Flexible...Cairo February 2026 Kenz, Egypt s first homegrown e-commerce platform, has officially launched its Ramadan 2026 campaign, offering customers an enhanced shopping experience across a wide range of categories, including supermarket essentials,...
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Tawseelty Achieves Over EGP 35.5 Million in Sales During First Year, Eyes...Egyptian delivery startup Tawseelty , leveraging technology to streamline order fulfillment, has recorded impressive performance since its official launch in January 2025 , surpassing EGP 35.5 million in total sales within one...
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Egyptian Stock Exchange Closes Sharply Lower Amid Foreign and Arab SellingThe Egyptian Exchange (EGX) closed sharply lower on Sunday, with all major indices retreating amid selling pressures from Arab and foreign investors, wiping out EGP 39 billion in market capitalization. The benchmark...
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Cairo Exempted from New Rent Law Amendments: Governor Announces Surprise Ahead of...Cairo residents remain attentive to developments regarding the long-standing Rent Law, as Dr. Ibrahim Saber, Governor of Cairo, revealed reasons for the delay in finalizing the survey of old-rent areas across the...
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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Flowers Fade, but HUAWEI Lasts: Celebrate Valentine’s Day with HUAWEI FreeBuds 7i,...This Valentine s Day, HUAWEI invites couples to move beyond traditional gifts and celebrate love with technology designed to make a lasting impact. While flowers may symbolize romance, meaningful gifts are those...
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Nokia N8 Returns in 2026 With Custom OS That Brings Symbian Back...More than 15 years after its original launch, the Nokia N8 has made an unexpected comeback not merely as a collectible for classic phone enthusiasts, but as a device that can be...
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Xiaomi Officially Launches the REDMI Note 15 Series in Egypt, Delivering Powerful...Xiaomi announced the official launch of its new REDMI Note 15 Series in the Egyptian market, further strengthening the company s presence in the highly competitive mid-range smartphone segment and reaffirming its...
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n a Challenging Market realme Remains a Price-Competitive Choice for Egyptian Consumers...realme continues to reinforce its commitment to the Egyptian market by delivering strong value and accessible pricing, even amid ongoing economic pressures while other smartphone brands are increasing their prices, realme continues...
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*realme C85 Series Becomes One of Egypt’s Top Choice Smartphones for Young...realme reaffirms its commitment to value-driven innovation with the launch of the new realme C85 Series in Egypt, priced competitively at EGP 9,999. The launch highlights realme s focus on delivering premium...
تكنوتايم بالعربي
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عمرو محفوظ.. مهندس الثقة في زمن الدولة الرقميةفي مسار التحول الرقمي، تتجه الأنظار عادةً إلى التطبيقات والمنصات والخدمات التي يراها المواطن يوميًا. لكن خلف هذه الواجهة المرئية، توجد طبقات أكثر تعقيدًا تشكل العمود الفقري للدولة الرقمية. في هذا السياق،...
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ممر البيانات العالمي: كيف أعاد تامر مهدي صياغة جغرافيا مصر الرقمية؟في عالم لا يهدأ، حيث أصبحت البيانات هي النفط الجديد، تقف الشركة المصرية للاتصالات (Telecom Egypt) في قلب مشهد عالمي يتجاوز مجرد تقديم خدمات الإنترنت المنزلي. في 2026، لا يقود المهندس تامر...
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أيمن السعدني: الإعلام شريك أساسي في تنمية وعي المواطن وڤودافون مصر تواصل...أكد أيمن السعدني، رئيس قطاع الشؤون الخارجية بشركة ڤودافون مصر، أن الإعلام يلعب دورًا محوريًا في تنمية وعي المواطن، مشددًا على حرص الشركة على تعزيز التواصل المباشر مع وسائل الإعلام عبر اللقاءات...
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مي ياسين: ڤودافون مصر تعمل على توصيل التكنولوجيا للجميع والملتقى الإعلامي في...أكدت مي ياسين، رئيس قسم الاتصالات الخارجية وأعمال الاستدامة بشركة ڤودافون مصر، أن الشركة تضع توصيل التكنولوجيا لكافة فئات المجتمع في صدارة أولوياتها، انطلاقًا من إيمانها بدور التكنولوجيا في إحداث تغيير حقيقي...
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تكنوتايم تنعى والدة الأستاذة نادين حافظ مديرة الاتصالات بشركة IBM لمنطقة الشرق...تتقدم تكنوتايم بخالص العزاء وصادق المواساة إلى الأستاذة نادين حافظ، مديرة الاتصالات بشركة IBM لمنطقة الشرق الأوسط وأفريقيا، في وفاة والدتها، التي وافتها المنية. وقد سادت مشاعر الحزن والتعاطف بين زملاء العمل...