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Fin techNews
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$351.6 Million Bitget Hack Exposes a New Weak Point in Crypto Exchange...Crypto exchange Bitget has suffered one of the largest digital asset security breaches of the year, with attackers moving an estimated $351.6 million after compromising part of the infrastructure behind the platform’s...
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Oil Prices Slide Further as US-Iran Ceasefire Talks Weigh on MarketsOil prices continued to decline on Friday as traders assessed the potential for a ceasefire between the United States and Iran, raising expectations about easing geopolitical risks and their impact on crude...
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Lovable crosses $600 million annualized revenue as AI coding boom acceleratesSwedish AI coding startup Lovable has surpassed $600 million in annualized revenue, extending one of the fastest growth stories in the artificial intelligence software market as demand for tools that allow users...
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Lloyds, NatWest and Barclays complete landmark blockchain-based mortgage transactionsThree of the UK’s largest banks have completed two live remortgage transactions using tokenised sterling deposits, marking a major step towards bringing blockchain-based payments into mainstream banking and property finance. Lloyds Banking...
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Egypt Gold Prices Stabilize After Recent Decline, 24K at EGP 7,082Gold prices in Egypt remained stable at the start of trading on Friday, September 25, 2026, following a decline in prices over the past several days. The 24-karat gold price stood at...
TechnoTime Emirates
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UAE Central Bank Restricts Bank Melli Iran Branches Over AML and Sanctions...The Central Bank of the UAE has taken enforcement action against branches of Bank Melli Iran operating in the country over violations related to compliance with applicable laws, regulations, and supervisory requirements....
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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...
Business
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Valu, BYD launch 18-month interest-free car financing offer in EgyptValu has partnered with BYD and its official distributor in Egypt, ManDream, to introduce new financing options for selected BYD vehicles, as the Egyptian fintech company expands its presence in automotive finance....
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Al-Futtaim taps Juspay to unify digital payments across 50 brands in 12...Al-Futtaim has partnered with global payments technology company Juspay to unify digital payment operations across 50 brands in 12 markets, as the Dubai-based group accelerates its digital commerce transformation. Under the partnership,...
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GrowthLabs and Amenli Forge Strategic Partnership to Launch Tailored Digital Insurance for...GrowthLabs, a company specializing in building supportive infrastructure for regional entrepreneurship ecosystems, has announced a strategic partnership with Amenli, Egypt’s first licensed digital insurance broker, to launch a tailored insurance service for...
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Alibaba Shares Surge Up to 5.1% on Next-Gen AI Chip Unveiling and...Alibaba Group shares climbed approximately 3% in Hong Kong before extending gains to 5.1%—hitting a one-month high—after the Chinese tech conglomerate unveiled a next-generation artificial intelligence processor and outlined massive global data...
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Egypts Food Exports to the EU Reach $852 Million in H1 2026...The Egyptian Food Export Council hosted a strategic seminar exploring new avenues for food exports to the European Union, with a specialized focus on the French market. Driven by the Egypt-EU Association...
Technology
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Google Prepares to Launch Gemini 4 Ahead of ScheduleGoogle is preparing to launch its next-generation artificial intelligence model, Gemini 4, as the company seeks to strengthen its position in the increasingly competitive AI market. Koray Kavukcuoglu, head of Google DeepMind,...
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Microsoft Expands Copilot With Coding Tools and AI AgentsMicrosoft has unveiled a series of new features for its Copilot AI assistant, including coding capabilities and an always-on AI agent designed to handle tasks with minimal human intervention. The update is...
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ITIDA and GIZ Egypt Launch Initiative to Promote Disability Inclusion in Egypt’s...The Information Technology Industry Development Agency (ITIDA), in partnership with the German Agency for International Cooperation (GIZ) Egypt, has launched a new initiative aimed at advancing the inclusion of people with disabilities...
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Egypt’s Gaming Market Nears $1 Billion as Country Looks Beyond Playing to...Egypt’s video game market is approaching the $1 billion mark, but the bigger economic opportunity may lie in converting one of the region’s largest gaming audiences into a local industry capable of...
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CBE Announces Winners of FinTech Got Talent 2026 to Support Student InnovationThe Central Bank of Egypt (CBE) continues to support innovation in the financial technology sector through FinYology, an initiative of FinTech Egypt, with the launch of the fourth edition of the FinTech...
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UNDP Praises Egypt’s Digital Transformation and Digital Egypt PlatformThe United Nations Development Programme (UNDP) has praised Egypt’s experience in digital transformation, highlighting the country’s progress in developing reliable digital infrastructure and promoting the responsible use of artificial intelligence. Egypt’s digital...
Smart cities
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Al Benaa Al Araby Bets on Ready-to-Move Homes as Egypt’s Property Buyers...Egyptian developer Al Benaa Al Araby for Real Estate Development is putting completed properties at the center of its latest sales push, offering ready-to-move units across several projects as delivery certainty becomes...
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Nawy Shares and CI Capital Asset Management Partner to Launch Real Estate...Nawy Shares and CI Capital Asset Management (CIAM) have signed a partnership agreement to establish and manage digitally enabled, multi-issuance real estate investment funds. The partnership combines Nawy Shares’ real estate and...
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Madinet Masr, Zahraa Maadi Mutually Terminate New Heliopolis Co-Development ContractMadinet Masr and Zahraa Maadi Investment and Development have announced the mutual termination of their co-development contract for two land plots owned by Zahraa Maadi in New Heliopolis City, east of Cairo....
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The Safe Haven Illusion: Real Estate Resale Crisis Traps Middle-Class InvestorsAggressive real estate marketing driven by the Fear of Missing Out (FOMO) and inflation concerns has transformed property ownership from a financial safe haven into a debt trap for many middle-class citizens....
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Madinet Masr Officially Introduces Doors Real Estate Following EGP 122 Billion in...Madinet Masr, one of Egypt’s leading urban community developers, has officially introduced its subsidiary, Doors Real Estate, to the market. The launch aligns with Madinet Masrs broader strategy to build a comprehensive...
Banks
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SoftBank raises $11.1 billion in record bond sale to fund OpenAI betSoftBank Group has raised $11.1 billion through dollar- and euro-denominated bonds, setting a global record for a high-yield corporate bond sale as the Japanese technology investor continues to mobilize billions of dollars...
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Lloyds, NatWest and Barclays complete landmark blockchain-based mortgage transactionsThree of the UK’s largest banks have completed two live remortgage transactions using tokenised sterling deposits, marking a major step towards bringing blockchain-based payments into mainstream banking and property finance. Lloyds Banking...
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EBRD Projects 5% Growth for Egypt in 2027 as Economic Activity Gains...The European Bank for Reconstruction and Development (EBRD) expects Egypt’s economy to expand by 5% in 2027, revising its previous forecast of 4.9%. However, the bank trimmed its projection for 2026 growth...
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US Dollar Rebounds Against Egyptian Pound After Consecutive DeclinesThe US dollar regained ground against the Egyptian pound at the end of Thursday’s trading session, reaching EGP 51.71 for buying and EGP 51.85 for selling, according to the latest data from...
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Egypt’s Central Bank Issues New Rules for Credit Guarantee CompaniesThe Central Bank of Egypt has issued new licensing, regulatory and supervisory rules for credit guarantee companies, following approval by its board on September 23, 2026, to establish a regulatory framework supporting...
Fin tech
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Agricultural Bank of Egypt’s corporate loan portfolio jumps 50% to EGP 57...The Agricultural Bank of Egypt (ABE) has expanded its corporate financing portfolio by around 50% in just six months, reaching EGP 57 billion from EGP 38 billion, as the state-owned lender increases...
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Mastercard: 91% of internationally active SMEs plan to switch cross-border payment providersFintechs are set to gain a bigger share of the cross-border payments market as small and medium-sized businesses increasingly prioritize speed, trust and transparency when moving money internationally, according to new research...
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Central Bank Sets Data Security Rules for Credit Guarantee CompaniesThe Central Bank of Egypt has required credit guarantee companies to establish secure technology infrastructure, protect information systems and databases, maintain business continuity plans, and keep their databases inside Egypt under the...
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CBE Sets New Ownership Rules for Credit Guarantee CompaniesThe Central Bank of Egypt has introduced new rules governing ownership of shares in credit guarantee companies, setting limits on stakes and voting rights, prior approval requirements, beneficial ownership rules and disclosure...
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Central Bank Sets Governance and Control Rules for Credit Guarantee CompaniesThe Central Bank of Egypt has introduced broad governance, internal control, risk management and information security requirements for credit guarantee companies, requiring independent control functions, defined board structures and committees, stronger disclosure...
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CBE Sets Merger, Split and Key Management Rules for Credit Guarantee CompaniesThe Central Bank of Egypt has set procedures for preliminary and final approval of mergers and splits involving credit guarantee companies, alongside requirements for nominating key executives and assessing their integrity, experience,...
Cars
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Auto Center Point 6 Expands to Alexandria, Bringing Car Brands and Automotive...The sixth edition of Auto Center Point has officially kicked off in Alexandria, marking the event’s first edition outside Cairo. Hosted at Helnan Royal Hotel Montazah in the Antoniades Gardens area, the...
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Chevrolet Expands Egyptian Footprint with New Showroom on Cairo Ring Road«»General Motors Egypt has expanded Chevrolet’s retail network in Egypt with the opening of a new showroom, “Al Othman,” on Cairo’s Ring Road in partnership with Mansour Automotive Group, the brand’s exclusive...
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Bentley Enters the EV Era with the Launch of Its First All-Electric...Bentley Motors has officially entered a new phase in its automotive journey with the global unveiling of the Torcal, the company’s first fully electric model. The new vehicle was presented at a...
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Ayten Omar Appointed General Manager of Sales for JAECOO and OMODA at...Ayten Omar has been appointed as the General Manager of Sales for the JAECOO and OMODA automotive brands under Ezz Elarab El Sewedy Investments. Leveraging an extensive and successful track record in...
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Ezz Elarab Star Opens Third Smart Branch in Discovery 5 to Expand...Ezz Elarab Star has inaugurated its new branch for the Smart brand in Discovery 5, as part of its geographical expansion plan to enhance the brands reach in the Egyptian market. The...
cyber security
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OpenAI Set to Unveil GPT-6 Cyber Model for CybersecurityOpenAI is preparing to unveil a new artificial intelligence model called “GPT-6 Cyber,” designed specifically for cybersecurity applications, within the coming days. The company is also reportedly developing a new product aimed...
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Headphone Security Flaw Could Enable Remote Eavesdropping From 30 MetersHeadphone Vulnerability Could Allow Remote Eavesdropping From Up to 30 Meters Cybersecurity researchers have uncovered a new attack technique that could allow attackers to capture audio from certain headphones from a distance,...
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Egypt’s Superhero Academy Graduates More Than 6,000 Cybersecurity TraineesEgypt’s Minister of Communications and Information Technology, Eng. Raafat Hindi, attended the graduation ceremony of the third cohort of the “Superhero Academy,” a cybersecurity program for children and young people organized by...
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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...
Markets
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Amazon Blocks Metas Muse AI Agent from Executing Direct E-Commerce PurchasesUsers of Metas AI agent, Muse, have begun encountering systemic restrictions when attempting to deploy the tool to complete purchases on Amazon. The platform now displays automated messages stating that unauthorized AI...
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Talabat Appoints Selin Sozer as Chief Marketing OfficerTalabat, the everyday deliveries platform in the Middle East and North Africa (MENA), has announced the appointment of Selin Sozer as Chief Marketing Officer (CMO). Sozer joins Talabat from Delivery Hero Group,...
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Amer Group H1 Profit Jumps 204% to EGP 96.9 Million as Operating...
Amer Group Holding reported a sharp improvement in first-half earnings, with consolidated net profit more than tripling as higher revenue and stronger operating margins outweighed financing costs. The EGX-listed real estate group...
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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...
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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Xiaomi Launches 18 Pro and 18 Pro Max With Privacy Display and...Xiaomi has officially launched the Xiaomi 18 Pro and Xiaomi 18 Pro Max in China, introducing a new generation of flagship smartphones featuring privacy display technology, large-capacity batteries, dual 200MP cameras, and...
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Huawei Unveils Six Global Power Showcases, Unlocking a New Power System with...During HUAWEI CONNECT 2026, Huawei held the 2026 Global Electric Power Summit under the title AI × Energy: Unlocking a New Power System. More than 600 representatives from global power companies, industry...
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Huawei Announces Service Day in Egypt, Offering Free Repair Labor from October...Huawei has announced the launch of its Service Day event in the Egyptian market, running from October 4 to 6, 2026. The initiative allows users of select Huawei devices to benefit from...
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Samsung May Tighten Galaxy A Battery Replacement With New Security ChipSamsung May Make Galaxy A Battery Replacements More Complicated With New Security Chip Samsung is reportedly preparing to introduce a change to the batteries used in some Galaxy A smartphones by integrating...
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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...
تكنوتايم بالعربي
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هاني قاصد كريم: نستهدف مليوني نخلة في الفرافرة بحلول 2030 والتوسع في...كشف رجل الأعمال والمستثمر الزراعي هاني قاصد كريم عن خطة توسعية كبيرة للاستثمارات الزراعية في واحة الشوربجي بالفرافرة، تستهدف الوصول إلى مليوني نخلة بحلول عام 2030، مقابل أكثر من 650 ألف نخلة...
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وهم الملاذ الآمن: كيف تحولت ”شقة الأحلام” إلى فخ يلتهم مدخرات المواطنينبين ليلة وضحاها، وجد آلاف المواطنين أنفسهم يدورون في ساقية لا تتوقف؛ ليس بحثاً عن الرفاهية، بل هرباً من شبح المستقبل المجهول. في السنوات الأخيرة، لم يعد العقار مجرد جدران تؤوي عائلة،...
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بلتون لإدارة الأصول تفوز بجائزة يوروموني لأفضل مدير صناديق إسلامية في مصر...حصلت بلتون لإدارة الأصول على جائزة أفضل مدير صناديق إسلامية في مصر ضمن جوائز يوروموني للتمويل الإسلامي 2026، تقديرًا لحضورها في سوق إدارة الأصول الإسلامية في مصر، وخبرتها في إدارة الاستثمارات، وقدرتها...
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تكاليف وتسعير العقارات: وهم المضاربات أم حقيقة السوق؟شهدت أسعار العقارات في مصر خلال السنوات القليلة الماضية قفزات غير مسبوقة، تجاوزت في بعض المناطق حاجز المنطق الاقتصادي لتضع المواطن العادي أمام تساؤل شديد التعقيد: كيف أصبح امتلاك وحدة سكنية في...
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EG Insurtech: إعادة تصور صناعة التأمين من خلال التكنولوجيا والذكاء الاصطناعيتتبنى Insurtech EG رؤية لا تنظر فيها إلى التكنولوجيا باعتبارها مجرد أداة لتسريع الإجراءات القائمة، بل تراها فرصة حقيقية لإعادة تصور صناعة التأمين من جديد. وتسعى الشركة إلى بناء منظومة أكثر ذكاءً...