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NewsNews
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Gold and Precious Metals Division Partners with Capital University to Train Youth...The Gold and Precious Metals Division has announced a new collaboration with the Faculty of Art Education at Capital University to launch a training project for youth in the craft of jewelry...
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Egyptian Tax Authority Clarifies Tax Rules for Online Professionals and FreelancersThe Egyptian Tax Authority (ETA), as part of its #Simply awareness campaign introducing the new tax incentives and facilitations, has clarified the tax treatment applicable to individuals working online, including e-learning providers,...
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Egyptian Tax Authority Announces New Tax Incentives to Boost the Stock MarketRasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced the approval of a comprehensive package of tax incentives and benefits tailored for the securities sector. The move, coordinated fully with...
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Attijariwafa Bank Egypt Launches Wafa Wisal to Facilitate Official Customer PaperworkAttijariwafa Bank Egypt has announced the launch of a new suite of services under the Wafa Wisal umbrella, designed to assist customers in completing various official procedures and paperwork, including residency processing...
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Brazil Pioneers Tokenized Cattle as Collateral for Agricultural Financing Using AI and...In a landmark convergence of FinTech and agriculture, Brazil has recorded its first official transaction using tokenized livestock as collateral for a commercial loan. The Fazenda Engenho Velho farm in Imbituva, Paraná,...
TechnoTime Emirates
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FAB’s Pre-Tax Profit Climbs to AED 13.2 Billion as Net Earnings Edge...First Abu Dhabi Bank reported a profit before tax of AED 13.20 billion for the first half of 2026, up 3% from a year earlier, as stronger interest income, lending growth and...
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Emirates Islamic Posts AED 1.7 Billion Net Profit in First Half of...Emirates Islamic reported a net profit of AED 1.7 billion for the first six months of 2026, supported by sustained growth in income, customer financing and deposits, alongside disciplined cost management. The...
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Mubadala Capital Opens Blockchain-Based Access to Private Markets FundMubadala Capital has partnered with Coinbase and digital infrastructure company KAIO to create a tokenized version of its private markets investment fund, offering eligible investors a new digital route into traditionally less...
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Ajman Launches UAE’s First ‘Invisible’ Government Service Powered by Agentic AIThe Government of Ajman has introduced the UAEs first invisible government service powered by Agentic AI, marking a major step toward proactive digital public services that anticipate users needs instead of waiting...
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Emirates Group Partners with Digital Dubai to Accelerate Digital Transformation and Employee...The Emirates Group has signed a strategic collaboration agreement with Digital Dubai to expand its use of the emirates digital platforms and services, in a move aimed at enhancing operational efficiency, improving...
Business
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Egypt’s Investment Minister Explores Boosting Exports to Africa with DP WorldDr. Mohamed Farid, Minister of Investment and Foreign Trade, held an expanded meeting with a delegation from DP World, led by Mohamed Shehab, CEO of DP World Egypt and Levant. The discussions...
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Egypt Explores 4,200-Bed PPP Hospital Project in Cairo with Hassan Allam and...Dr. Mohamed Farid, Minister of Investment and Foreign Trade, held discussions with a delegation from Hassan Allam Holding and executives from Turkeys Rönesans Holding to explore injecting new investments into Egypts healthcare...
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TotalEnergies Q2 Profit Surges 67% to $6 Billion Driven by Higher Oil...TotalEnergies reported a 67% jump in second-quarter profits, driven by rising oil prices and widening fuel refining margins stemming from conflict in Iran, according to a company statement released on Thursday. The...
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Egypt’s Engineering Exports Surge 67% in June 2026, Reaching $3.35 Billion in...hamdy Abdelrashid Data released by the Engineering Export Council of Egypt (EECE) revealed a remarkable 67% surge in engineering exports during June 2026, reaching $784.2 million compared to $469.7 million in the...
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Goldman Sachs Maintains Q4 2026 Brent Crude Forecast at $80, Citing Middle...Goldman Sachs has maintained its Brent crude price forecast at $80 per barrel for the fourth quarter of 2026. The investment bank anticipates that declining supplies from the Middle East will help...
Technology
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Nvidia Inks $500 Billion Strategic Deal with SK Hynix to Secure AI...Nvidia is rapidly expanding its investments in the artificial intelligence (AI) sector through a landmark strategic agreement with South Korea’s SK Hynix. The multi-year deal, estimated to be worth $500 billion, aims...
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Saudi PIF Signs $9.5 Billion in MoUs with World Bank’s IFC and...Saudi Arabias Public Investment Fund (PIF) announced the signing of two Memorandums of Understanding (MoUs) with the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA)—both members of the World...
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OPPO Highlights Key Milestones from 2025 Sustainability Report, Reaffirming Commitment to Low-Carbon...OPPO, the global technology brand, has highlighted key achievements outlined in its 2025 Sustainability Report, underscoring its commitment to delivering inclusive, environmentally responsible technology tailored to evolving user needs. The report reflects...
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Elon Musk Refuses to Rule Out Potential Tesla-SpaceX Merger as Synergies DeepenBillionaire entrepreneur Elon Musk has opened the door to a potential merger between Tesla and SpaceX, refusing to rule out the possibility of uniting the two companies in the future. Speaking during...
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OpenAI Hit by Global Outage Disrupting ChatGPT, Codex, and API ServicesOpenAI experienced a widespread technical outage that affected a massive number of users globally, as its ChatGPT, Codex, and Application Programming Interface (API) services suffered disruptions and elevated error rates. The technical...
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Valu Partners with 2B Egypt to Offer Zero-Interest, Zero-Down Payment Installments for...Valu, the leading financial technology platform specializing in Buy-Now, Pay-Later (BNPL) solutions in the Middle East and North Africa (MENA), has announced the launch of an exclusive promotional offer in collaboration with...
Smart cities
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Mohamed Alabbar Praises North Coast Potential, Reaffirms Emaar’s 20-Year Commitment to EgyptMohamed Alabbar, founder of Emaar Properties, has highlighted the exceptional potential of Egypts North Coast, describing it as one of the most beautiful coastal regions in the world while praising the rapid...
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Osool Developments Unveils 40-Feddan ‘Sayf’ Resort in Egypt’s North CoastOsool Developments has launched Sayf, a new coastal resort spanning 40 feddans in Sidi Abdel Rahman on Egypt’s North Coast, as the developer expands its presence in one of the country’s fastest-growing...
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Al Hejaz Gardens Targets EGP 15 Billion in Sales as Expansion Drive...Al Hejaz Gardens Developments is targeting EGP 15 billion in contracted sales over the coming year as the company accelerates its expansion strategy with a pipeline of new residential and mixed-use projects...
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IGI and Kulture Developments Forge EGP 5 Billion Partnership for West Cairo...IGI Developments and Kulture Developments, two prominent leaders in the real estate sector, have officially signed a joint cooperation agreement to launch a major commercial, administrative, and medical project in West Cairo....
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Orascom Development Egypt Secures EGP 18 Billion Syndicated Loan to Accelerate O...Orascom Development Egypt (ODE), a leading real estate and tourism developer, announced today, Thursday, that its 70%-owned subsidiary, Orascom Real Estate (ORE), has signed a 10-year syndicated loan agreement valued at EGP...
Banks
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Central Bank of Syria Sets July 30, 2026, as Deadline to Replace...The Central Bank of Syria has announced that the deadline for replacing old banknotes will officially end on July 30, 2026, following a highly successful completion rate during the initial replacement phase....
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QNB Group Maintains Disciplined Execution Across Key Strategic Priorities in Q2QNB Group, a leading financial institution in the Middle East and Africa, today issued its Q2 2026 Strategic Progress Update, highlighting continued execution across innovation, sustainability, and institutional capability development across its...
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National Bank of Egypt Strengthens Community Development Efforts and Advances Sustainable Development...hamdy Abdelrashid The National Bank of Egypt (NBE) continued to reinforce its national role as a key partner in supporting Egypts comprehensive community development agenda through a strategy aimed at creating sustainable...
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CBUAE Governor and Indonesian Ambassador Discuss Enhancing Financial Ties and Cross-Border PaymentsH.E. Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), received H.E. Yuda Nugraha, Ambassador of the Republic of Indonesia to the UAE, at the CBUAE headquarters. The meeting,...
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Euro Exchange Rate Today: Saturday, July 25, 2026The euro remained stable against the Egyptian pound on Saturday, July 25, 2026, according to the latest updates published on the official websites of Egyptian banks. The euro exchange rates at major...
Fin tech
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Souhoola Partners with Switch Plus to Offer 24-Month Installment Plans with Zero...Souhoola, a provider of consumer finance and financial technology solutions, has announced the launch of a new promotional offer in collaboration with the retail chain Switch Plus. The partnership allows customers to...
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FinTech Hive Event Highlights Need for Robust Tech Foundations to Scale Agentic...Financial technology companies must establish solid technical foundations to safely deploy Agentic Artificial Intelligence (Agentic AI) at scale, according to industry leaders speaking at an event hosted by FinTech Hive at the...
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valU Offers Interest-Free Financing on Cheval Golf Carts for Up to 12...Egyptian fintech company valU has launched a new financing offer in partnership with Golf Station, allowing customers to purchase Cheval golf carts through flexible payment plans without interest, a down payment or...
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Ripple Unveils Institutional Stablecoin Platform With Built-In Compliance and Transaction VerificationRipple has introduced Ripple Mint, a new institutional platform designed to simplify the issuance, redemption and management of its U.S. dollar-backed stablecoin, RLUSD, while strengthening compliance capabilities for regulated financial institutions. The...
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Sprints and Barq Systems Launch AI Internship Program for Egyptian GraduatesEgyptian edtech company Sprints has partnered with technology solutions provider Barq Systems to launch a practical artificial intelligence internship program aimed at preparing recent graduates for specialist roles in the technology sector....
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Mastercard Strengthens Virtual Card Platform with New Security Features for Business PaymentsMastercard has introduced a series of enhancements to its commercial virtual card platform, adding new security controls and payment management capabilities designed to simplify business-to-business transactions while giving companies greater control over...
Cars
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Kayan Egypt Launches the High-Performance Cupra Formentor VZ with a 2.0L Engine...hamdy Abdelrashid Kayan Egypt, the exclusive agent for the Cupra brand in Egypt, has officially announced the launch of the new VZ trim of its popular sports utility vehicle, the Cupra Formentor....
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By Its Students: Egypt University of Informatics Creates Two Smart Applications to...Egypt University of Informatics (EUI) has announced the success of students from the Faculty of Digital Arts and Design in innovating and developing two smart applications aimed at providing technological solutions for...
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Ezz El Arab El Sewedy Raises Proton Saga Prices in Egypt by...Ezz El Arab El Sewedy, the official agent and local manufacturer of Proton vehicles in Egypt, has announced a price increase for the locally assembled 2027 Proton Saga. The company has applied...
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GB Corp Removes Financial Leasing from Bylaws; Clarifies Subsidiary Operations Remain UnaffectedGB Corp, a leading automotive player in the Middle East and Africa (GB Auto) and a prominent non-banking financial services provider in Egypt (GB Capital), announced that its Extraordinary General Assembly has...
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Auto Mobility and Geely Global Discuss Domestic Manufacturing Expansion, New Models, and...hamdy Abdelrashid In a significant move highlighting growing trust in Egypt’s industrial capabilities, Auto Mobility—the official agent and exclusive manufacturer of Geely cars in Egypt—hosted Alex Nan, General Manager of GAIC (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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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...
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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...
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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vivo Egypt Teases Y500 Ahead of Launch With Segment-Leading 8,100mAh Batteryvivo Egypt is preparing to launch the vivo Y500, a new smartphone that places battery endurance at the heart of its appeal, featuring what the company says is the largest battery in...
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The HUAWEI FreeBuds Pro 5 Reinvents Noise Cancellation with the Worlds First...Dual drivers are nothing new in earphones. On the contrary, multiple drivers are now expected in premium models. They are proven to deliver superior sound, as two separate drivers help the earphones...
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OPPO Highlights 2025 Sustainability Progress, Reinforcing Its Commitment to Inclusive Innovation and...OPPO, the worlds leading smart device brand, has highlighted the key achievements of its 2025 Sustainability Report, reaffirming its commitment to delivering innovative technology that is more inclusive, environmentally responsible, and aligned...
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Vivo S2 vs Redmi Note 17: Why Vivo May Be the Smarter...As Vivo prepares to unveil the Vivo S2, the upcoming smartphone is already shaping up as a direct rival to Xiaomi’s Redmi Note 17 in an increasingly competitive mid-range market. At first...
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realme Egypt Unveils Its Official Online Store with Exclusive Launch Deals and...realme, the world’s fastest-growing smartphone brand in Egypt, has officially launched its official online store in Egypt, marking a significant milestone in the brands growth strategy and strengthening its direct-to-consumer presence in...
تكنوتايم بالعربي
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وحش البطاريات قادم إلى مصر.. vivo تستعد لإطلاق Y500 بسعة خياليةأعلنت vivo مصر استعدادها لإطلاق هاتفها الجديد vivo Y500، الذي يأتي ببطارية تبلغ سعتها 8100 مللي أمبير، لتكون الأكبر ضمن فئته السعرية، في خطوة تستهدف تلبية احتياجات المستخدمين الذين يعتمدون على هواتفهم...
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تقديرًا لجهوده الإنسانية.. تكريم مستشار الأمم المتحدة هاني حسن أبو زيد لدوره...حظي المستشار الدكتور هاني حسن أبو زيد، مستشار الأمم المتحدة في جنيف، بتكريم من الدكتور حسين الشبلي، الأمين العام للهيئة الخيرية الأردنية الهاشمية، كما كرّمه العميد سهل الحموري، مدير الخدمات الطبية الملكية...
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الكويت.. صفقة أنابيب نفطية مع تحالف عالمي بـ16 مليار دولاروقّعت شركة نفط الكويت، اتفاقية شراكة للبنية التحتية بقيمة 16 مليار دولار مع تحالف يضم بلاكستون وبروكفيلد وكيه كيه آر، تتعلق بخطوط تصدير النفط، وذلك في ظل تعرض الدولة الخليجية لهجمات متكررة...
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وزير العمل: منصة سوق العمل الرقمية تربط الباحثين عن العمل بالفرصأكد وزير العمل حسن رداد أن منصة سوق العمل الرقمية تمثل تحولًا نوعيًا في الخدمات التي تقدمها الوزارة، مشيرًا إلى أنها تستهدف الربط الفعّال بين الباحثين عن العمل وفرص التشغيل والتدريب، وإنشاء...
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دبي تستعرض دور الاقتصاد الرقمي في دعم ريادة الأعمال.. و”تيك توك” يسهم...استضاف متحف المستقبل في دبي منتدىً رفيع المستوى جمع مسؤولين حكوميين وخبراء ورواد أعمال ومبدعين، لبحث سبل تعزيز التعاون بين القطاعين العام والخاص لبناء منظومة رقمية آمنة وشاملة، بما يدعم مستهدفات رؤية...