Technology
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News
Fin tech
News
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Egypt Unveils Major Archaeological Discoveries at Tel Abu Seifi, Redrawing the Ancient...The Egyptian Ministry of Tourism and Antiquities has announced a significant archaeological discovery at the Tel Abu Seifi site in Qantara East, Ismailia Governorate. An Egyptian archaeological mission operating at the site...
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Amazon Reinstates Mandatory Arbitration and Bans Class-Action Lawsuits for U.S. CustomersAmazon on Friday reinstated mandatory individual arbitration clauses and banned class-action lawsuits for its customers across the United States. The policy shift significantly restricts users ability to take legal disputes and grievances...
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Gold and Silver Prices in Egypt – Saturday, August 15, 2026Gold and precious metals prices held steady in the Egyptian market during trading on Saturday, August 15, 2026. Key benchmarks reflected market equilibrium, with 24-karat gold recording EGP 7,142 for buying and...
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Mastercard Offers to Cover 50% of Claims for Brazilian Acquirers Impacted by...Mastercard has reportedly offered to pay 50% of the amounts claimed by Brazilian payment acquiring companies affected by the collapse of Will Financeira, widely known as Will Bank, according to a report...
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Meta Removes Over 756,000 Underage Accounts in Australia to Comply with Landmark...Meta, the parent company of Facebook and Instagram, announced that it has removed more than 756,000 accounts in Australia suspected of belonging to users under the age of 16. The enforcement action...
TechnoTime Emirates
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UAE Fintech Mal Secures In-Principle Approval to Establish Licensed Bank After $230...UAE-based fintech Mal has secured in-principle approval from the Central Bank of the UAE to establish a licensed bank, moving the company closer to launching an AI-native Islamic digital banking platform targeting...
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Trump International Hotel amp; Tower Dubai Moves Ahead With Construction on Sheikh...Construction of the Trump International Hotel Tower Dubai is progressing in line with the approved schedule, advancing work on one of the latest ultra-luxury additions to the city’s rapidly evolving skyline. Rising...
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Ajman Real Estate Transactions Reach AED 1.65 Billion in July as Market...Ajman’s property market recorded AED 1.65 billion in real estate transactions during July 2026, extending the emirate’s strong run of activity as investor demand remained resilient across residential and investment properties. The...
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Ras Al Khaimah Draws AED 771.5 Million in New Investment in First...Ras Al Khaimah attracted AED 771.5 million in new investment during the first half of 2026, as the emirate continued to broaden its investor base and strengthen its position as an emerging...
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UAE and Egypt Agree Five-Year Expansion of Air Transport RightsThe United Arab Emirates and Egypt have agreed to gradually expand bilateral air transport rights over the next five years, opening the door to increased flight capacity and new opportunities for airlines...
Business
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Q
The Qodwa-Tech initiative for women’s empowerment has introduced a new digital micro-learning track, drawing around 300 women entrepreneurs and small business owners. The track features six specialized sessions, each focusing on a...
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Lovable Raises $400M Series C at $13.3B Valuation as AI Coding Boom...Swedish artificial intelligence startup Lovable has raised $400 million in Series C funding at a $13.3 billion valuation, more than doubling its value in just eight months and underscoring investors’ willingness to...
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GFH H1 Shareholder Profit Rises 13.3% to $76.2 Million as Core Banking...GFH Bank reported a 13.33% year-on-year increase in net profit attributable to shareholders for the first half of 2026, supported by stronger wealth and investment management activity as well as continued growth...
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EFG Hermes Advises eFinance on Full Acquisition of Tamweely Financial ServicesEFG Hermes has acted as sole financial adviser to eFinance for Digital and Financial Investments on its proposed acquisition of 100% of Tamweely Financial Services, a transaction that will move eFinance deeper...
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Egypt’s Chemical and Fertilizer Exports Surge 25.2% to Exceed $6 Billion in...Egypt’s chemical and fertilizer sector continued its robust trajectory in global markets during the first half of 2026, recording export revenues of $6.1 billion from January to June. This marks a solid...
Technology
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Alphabet’s Early $900 Million SpaceX Investment Surges 100x to Top $94 Billion...Alphabet Inc., the parent company of Google, has multiplied the value of its early investment in SpaceX by more than 100 times over roughly a decade. Recent regulatory disclosures revealed that Alphabet’s...
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Apple Proposes Slashing App Store External Link Commissions to 15% Amid Epic...Apple is moving to significantly reduce the commissions it charges developers for purchases made through external links outside the iOS App Store. The proposed changes come amid mounting legal and regulatory pressures,...
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Sam Altman Unveils Future Vision for ChatGPT: Shifting from Reactive Chatbot to...OpenAI CEO Sam Altman has revealed an ambitious future vision for ChatGPT, outlining its evolution from a conventional question-and-answer tool into a hyper-personalized, proactive AI assistant. The envisioned next-generation system will maintain...
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French Constitutional Council Strikes Down Under-15 Social Media Ban Citing Privacy and...In a significant legal blow to government legislation, the French Constitutional Council—the countrys highest constitutional authority—has struck down a bill aimed at banning children under the age of 15 from using social...
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Anthropic Eyes Historic IPO as Wall Street Weighs $200 Billion Revenue Target...As Anthropic prepares for what could be one of the largest Initial Public Offerings (IPOs) in history, Wall Street investors and investment bankers are looking well past current financials, anchoring valuation models...
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SEC Filings: Institutional Investors Slightly Trim Exposure to Big Tech and AI...Institutional investors slightly scaled back their exposure to key equity sectors—including semiconductors, artificial intelligence (AI) infrastructure, and Big Tech—duringhe second quarter, according to regulatory disclosures filed with the U.S. Securities and Exchange...
Smart cities
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TMG Deepens Regional Expansion Across Saudi Arabia, Oman and IraqTalaat Moustafa Group Holding (TMG) is moving into a new phase of regional expansion across Saudi Arabia, Oman and Iraq, seeking to export the large-scale integrated community model that has underpinned its...
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TMG Posts EGP 219.1 Billion in H1 Sales as SouthMED and The...Talaat Moustafa Group Holding recorded EGP 219.1 billion in contracted sales during the first half of 2026, with a record second quarter underscoring continued demand across the developer’s portfolio in Egypt and...
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Bonyan’s Real Estate Portfolio Reaches EGP 16.5 Billion as H1 Operating Cash...Bonyan for Development and Trade increased the value of its real estate investment portfolio to EGP 16.51 billion by the end of June 2026, while stronger rental collections and asset sales helped...
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Talaat Moustafa Group (TMG) Targets $18.8 Billion in Sales from New Baghdad...Talaat Moustafa Group Holding (TMG) aims to generate approximately $18.8 billion in cumulative sales from its upcoming integrated urban project in Baghdad, Iraq. This landmark development highlights the Groups ambitious regional expansion...
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TMG’s Southmed Project Achieves EGP 93.9 Billion in H1 2026 Sales, Pushing...Talaat Moustafa Group (TMG) Holding has announced that its mega-project Southmed, located on Egypt’s North Coast, recorded contractual sales of EGP 93.9 billion during the first half of 2026. A staggering EGP...
Banks
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Foreign Currency Rates Against the Egyptian Pound (EGP) – Saturday, August 15,...Foreign and Arab currency exchange rates showed stability against the Egyptian Pound (EGP) during trading on Saturday, August 15, 2026. The US Dollar maintained its levels, recording EGP 50.2400 for buying and...
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Housing and Development Bank (HDB) Renews Urgent Warnings on Data Confidentiality and...The Housing and Development Bank (HDB) has renewed its urgent warnings to all customers regarding the absolute necessity of maintaining the confidentiality of their banking and personal data. The bank emphasized the...
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US Dollar Stabilizes Above EGP 50 on Thursday, August 13, 2026, Amid...The US Dollar (USD) maintained relative stability against the Egyptian Pound (EGP) at the start of trading on Thursday, August 13, 2026, holding steady above the 50-pound threshold according to the latest...
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Suez Canal Bank Posts Net Profit of EGP 3.63 Billion in the...Suez Canal Bank (CANA) reported a strong financial performance for the first half of 2026, recording a net profit of EGP 3.63 billion, compared to EGP 3.08 billion in the first half...
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US Dollar Exchange Rates Stabilize Against the Egyptian Pound on Wednesday, August...The US Dollar (USD) maintained relative stability against the Egyptian Pound (EGP) at the start of trading on Wednesday, August 12, 2026, according to the latest updates from state-owned and private banks...
Fin tech
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Sahl App Launches Direct Natural Gas Bill Payments and Prepaid Meter Card...Egyptian digital payments and utility services application Sahl has announced the launch of direct natural gas bill payment services through its mobile app, alongside top-up capabilities for prepaid natural gas meter cards....
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Visa and USSC Money Services Launch ”U Accept” to Transform Smartphones into...Visa, in partnership with USSC Money Services Inc., has launched a groundbreaking service that allows Micro, Small, and Medium Enterprises (MSMEs) in the Philippines to accept contactless card payments directly via their...
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Mastercard Restores Services in Australia Following Scheduled Maintenance Outage That Disrupted Point-of-Sale...Mastercard card transactions experienced temporary disruptions across Australia on Saturday following a payment systems glitch that triggered widespread declines for point-of-sale card payments and contactless transactions. The payment giant later confirmed that...
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From Dot-Com Startup to Global Commerce Engine: The 28-Year Evolution of PayPal...In an era where digital transactions form the backbone of global economic activity, PayPal has evolved far beyond a simple digital checkout button. Today, the fintech powerhouse operates as an indispensable strategic...
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myFawry App Transactions Surge 68.5% to EGP 48 Billion in H1 2026...Fawry for Banking Technology and Electronic Payments announced a significant 68.5% year-on-year (YoY) jump in the total value of transactions executed through its consumer-facing application, myFawry. Transaction values reached EGP 48 billion...
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Contact Financial Holdings ”Contact Now” App Surpasses EGP 1 Billion in Transactions...Contact Financial Holding has announced that its Contact Now application continued to achieve robust growth during the first half of 2026. This performance reflects the accelerated customer adoption of the comprehensive digital...
Cars
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Haval Jolion 2027 Starts at EGP 985,000 in Egypt After Latest Price...The locally assembled 2027 Haval Jolion Facelift is now priced from EGP 985,000 in Egypt after GB Auto introduced a EGP 35,000 increase across all three variants in August, putting the compact...
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SN Automotive to Launch Locally Assembled Dongfeng Mage EV in Egypt This...SN Automotive is preparing to launch the locally assembled Dongfeng Mage EV in Egypt in September, marking a significant step in the country’s push to build a domestic electric-vehicle manufacturing base. The...
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Uber Unveils $10 Billion Plan to Deploy 120,000 Autonomous Vehicles Across 15...In a massive pivot toward the future of mobility, Uber plans to inject over $10 billion in the coming years to rapidly expand its autonomous taxi fleet. The ride-hailing giant aims to...
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Haval Jolion Prices Rise in Egypt, Entry Model Now Starts at EGP...Haval Jolion has become the latest locally assembled model to see a price adjustment in Egypt, with GB Auto raising prices of the 2027 model year by up to EGP 35,000 across...
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Ahmed Ali Appointed General Manager of Omoda and Jaecoo at Ezz Elarab...hamdy abdelrashid Ahmed Ali has recently been appointed as the General Manager for the Omoda and Jaecoo brands under the umbrella of Ezz Elarab Automotive Group. He brings over 20 years of...
cyber security
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Arab Security Conference Opens Voting for 2026 Cybersecurity Influencer AwardOrganisers of the 10th Arab Security Conference have opened public voting for the Arab Cybersecurity Social Media Influencer Award 2026, an initiative that recognises Arab content creators and cybersecurity professionals whose work...
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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...
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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OPPO Launches Reno16 Series in Egypt After Reno15 Drives 39% Sales GrowthOPPO has launched its new Reno16 smartphone lineup in Egypt, introducing three models — the Reno16, Reno16 Pro and Reno16 F — as the company looks to build on the strong local...
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Massive Battery, Rugged Build, and Easy Google Apps: Why the HUAWEI nova...Smartphone enthusiasts will agree that the new HUAWEI nova 15 Max is probably the most underrated phone of the year. It packs everything young users need to power through summer break. It...
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Power Without Limits: vivo Y500 Officially Launches in Egypt with the Largest-Ever...vivo Egypt today officially announced the launch of the all-new vivo Y500, the latest addition to its Y Series lineup that redefines what consumers can expect from an entertainment-focused smartphone. Combining vivos...
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OPPO Unveils Reno16 Series for Egypt, Expands Local Manufacturing and AI AmbitionsOPPO is set to launch its new Reno16 Series in Egypt on August 11, introducing a new generation of AI-powered smartphones while expanding its local manufacturing footprint as part of a broader...
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OPPO Reno16 Series Set to Launch in Egypt, Combining Advanced AI Capabilities...OPPO, the worlds leading smart device brand, has announced that the Reno16 Series is set to officially launch in Egypt on August 11 under the theme of “Your Vibe, Your Way”, marking...
تكنوتايم بالعربي
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«إم إن تي-حالًا» تعيد رسم خريطة التمويل في مصر بالذكاء الاصطناعي.. 500...لم يعد غياب التاريخ الائتماني يعني بالضرورة بقاء العميل خارج دائرة التمويل. فمع توسع استخدام الذكاء الاصطناعي وتحليل البيانات، بدأت المؤسسات المالية في بناء صورة أوسع عن قدرة العملاء على السداد، بما...
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«إي فاينانس» تستحوذ على «تمويلي» بالكامل في صفقة نقدية وتبادل أسهم للتوسع...وافقت مجموعة «إي فاينانس للاستثمارات المالية والرقمية» على الاستحواذ على كامل أسهم شركة «تمويلي للخدمات المالية»، في خطوة تنقل المجموعة إلى مرحلة جديدة من التوسع في الخدمات المالية غير المصرفية وتمويل المشروعات...
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التموين والإنتاج الحربي وجهاز مستقبل مصر يبحثون تعزيز التعاون لدعم المشروعات القومية...في إطار توجه الدولة لتعزيز التكامل بين مؤسساتها وتوظيف القدرات الوطنية، عقد الدكتور المهندس صلاح سليمان جمبلاط، وزير الدولة للإنتاج الحربي، اجتماعًا مع الدكتور شريف فاروق، وزير التموين والتجارة الداخلية، والدكتور بهاء...
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”قرة لمشروعات الطاقة والاستثمار” ترفع رأس مالها بقيمة 405 مليون جنيه وتفوز...القاهرةxxxx أعلنت شركة «قرة لمشروعات الطاقة والاستثمار» عن فوزها بتنفيذ الأعمال المتكاملة لإنشاء المصنع الجديد للشركة اليابانية يازاكي مصر للأنظمة الكهربائية (YAZAKI EDS Egypt)، إحدى شركات مؤسسة يازاكي العالمية المتخصصة في تصنيع...
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بنك قناة السويس يواصل تحقيق نتائج قوية خلال النصف الأول من 2026...حقق بنك قناة السويس صافي أرباح البنك تجاوز 3.6 مليار جنيه مصري بنهاية يونيو 2026 مقارنة بنحو 3.1 مليار جنيه مصري بنهاية يونيو 2025، محققًا نسبة نمو قدرها 17.7%، مدعومًا بزيادة صافي...