News
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Oil Prices Fall for Third Consecutive Session as Supply Fears EaseOil prices dropped on Friday for the third consecutive session as concerns over potential supply disruptions eased, despite persistent tensions in the region. Brent crude futures fell 1.12% to $103.65 per barrel,...
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UAE Gold Prices Rise Across All Karats on Friday Amid Slight Global...Gold prices in the UAE witnessed a relative increase across all karats today, Friday, September 18, 2026, compared to yesterdays price levels. Globally, gold prices rose slightly on Friday, supported by lower...
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Gold Prices in Egypt Edge Lower on Friday; Global Rates Rise SlightlyGold prices in Egypt witnessed a slight decline at the start of trading today, Friday, September 18, 2026, compared to yesterdays price levels. Globally, gold prices rose slightly on Friday, supported by...
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Yen Falls Against Major Currencies as BOJ Rate Hike Fails to Stem...The Japanese yen fell against major currencies in Asian trading on Friday, after a widely anticipated interest rate hike by the Bank of Japan (BOJ) failed to halt the currencys decline. The...
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Nestlé Weighs Options as Kremlin Places its Russian Business Under State ControlNestlé said on Friday that it is evaluating its options following the Kremlins decision to place the Swiss food companys business in Russia under state control. The maker of Nescafé coffee and...
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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UAE Ministry of Finance Launches Second Issuance of Retail Treasury Sukuk Following...Capitalizing on the overwhelming success of its inaugural offering, the UAE Ministry of Finance has announced the launch of the second issuance of its retail Government Treasury Sukuk program. The new five-year,...
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Giza Chamber of Commerce and Chinese Delegation Explore Healthcare and Smart City...The Giza Chamber of Commerce, chaired by Eng. Osama El-Shahed, hosted a high-level Chinese economic delegation led by Jan Jing Zhong, Secretary of the CPC Changping District Committee in Beijing. The meetings,...
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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...
Technology
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Huawei Urges Chinese AI Firms to Accelerate AI DevelopmentEric Xu, Chairman of Huawei, has called on Chinese artificial intelligence companies to accelerate the development of AI technologies and strengthen their technical capabilities amid intensifying global competition in the sector. Xu...
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Saudi Arabia and Bahrain Strengthen Research Cooperation Through New Knowledge-Sharing AgreementPrince Faisal bin Salman bin Abdulaziz, Special Adviser to the Custodian of the Two Holy Mosques and Chairman of the Board of Trustees of the King Fahd National Library, met in Riyadh...
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ITI Organizes Specialized IoT Training Program at Assiut UniversityITI Organizes Specialized IoT Training Program at Assiut University The Information Technology Institute (ITI) has organized a specialized training program in Internet of Things (IoT) at the IoT Lab of Assiut University’s...
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Egypt Elected to Executive Bureau of COMESA Telecom and ICT Regulators NetworkEgypt has been elected to the Executive Bureau of the Telecom and ICT Regulators Network of the Common Market for Eastern and Southern Africa (COMESA), following its participation in the network’s 14th...
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جون جرجس: Future Forward يدعم بناء منظومة متكاملة للابتكار وريادة الأعمال في...جون جرجيس: ملتقى Future Forward يقوم على «إيكوسيستم» متكامل لدعم رواد الأعمال في بني سويف أكد المهندس جون جرجس، الرئيس التنفيذي لشركة أورا كوميونيكيشن، أن محافظة بني سويف تمتلك منظومة متكاملة يمكن...
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Velocity Closes Series A at $48M with Additional $10M Backing from Visa,...Velocity, a specialized platform for stablecoin payments and treasury management, has secured an additional $10 million to close its Series A funding round at $48 million. Following an initial $38 million raise...
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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BOJ Raises Interest Rates to 31-Year High, But Yen Falls on Dovish...The Bank of Japan (BOJ) raised interest rates to a 31-year high on Friday and signaled its readiness to continue increasing borrowing costs, joining other major central banks in tackling persistent inflationary...
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QNB Egypt Enables Outbound International Transfers on Fridays Starting September 18hamdy Abdelrashid QNB Egypt has announced the launch of a new service allowing customers to initiate outbound international transfers on Fridays, effective September 18, 2026. The service will be accessible every Friday...
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Egypt’s Central Bank Governor Highlights AI’s Role in Advancing Central Banking at...Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated on Wednesday, September 16, 2026, in a high-level conference on the use of artificial intelligence (AI) in central banking practices, held...
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QNB Egypt Opens International Transfers on FridaysQNB Egypt will allow customers to initiate outgoing international transfers every Friday starting September 18, 2026, offering greater flexibility for cross-border payments. International Transfers Available on Fridays The bank said the new...
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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...
Fin tech
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Souhoola Raises EGP 883 Million Through Third Securitization as Consumer Finance Portfolio...BM Consumer Finance, known as Souhoola, has completed its third securitized bond issuance worth EGP 883 million, turning part of its consumer finance receivables into fresh liquidity as the company looks to...
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Telr and MoneyHash Partner to Streamline Multi-Provider Payment Operations Across Emerging MarketsTelr, a regulated regional payment gateway, has established a strategic partnership with MoneyHash, a leading payment orchestration platform tailored for emerging markets. The collaboration integrates Telr’s robust payment processing capabilities directly into...
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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...
Cars
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Smart Egypt Bets on New EV Models and Branch Expansion to Boost...Smart Egypt is betting on launching more new models and expanding its branch network in the local market as part of its plan to enhance the brands presence and increase its reach...
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Hyundai Venue Financing from Drive FinanceDrive Finance, a subsidiary of GB Capital under GB Corp, has announced a new financing offer for the Hyundai Venue, featuring a minimum 50% down payment, a 9.99% annual interest rate and...
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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...
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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العقار لم يعد الملاذ الآمن؟.. 7434 وحدة تبحث عن مخرج بـ107.2 مليار...في أقل من شهرين، ظهرت على سطح سوق العقارات في مصر أرقام تفتح الباب أمام أسئلة صعبة حول حقيقة ما يجري داخل السوق، وحول الفجوة بين ما يقال عن الإقبال التاريخي على...
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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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