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Fin techNews
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Egypt Silver Prices Drop 3.5% in a Week as Global Market Weighs...A technical report released by the Safe Haven Center revealed that silver prices in Egypt recorded a sharp decline during last week’s trading, spanning July 4 to July 11, 2026. The price...
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Egypt Gold Prices Hold Steady This Saturday; 21-Karat Settles at EGP 5,830...Gold prices held steady in the local market during trading today, Saturday, July 11, 2026, amid a quiet trading session. This horizontal movement coincides with the global markets weekend recess and the...
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Stay In and Stream the Best of Disney+ This SummerSome seasons are for going out. Summer is for staying in, turning the AC all the way up, and finally getting through that watchlist youve been adding to all year. Between the...
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Egypt, Rwanda Sign AI and Digital Transformation Pact at WSIS 2026Egypt and Rwanda have signed a memorandum of understanding (MoU) to deepen cooperation in artificial intelligence (AI), digital transformation and digital capacity building, as Egypts Minister of Communications and Information Technology Raafat...
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eamp; Agrees $5.95 Billion Sale of Entire Vodafone Stake After Strategic Portfolio...UAE-based technology and investment group e has agreed to sell its entire stake in Vodafone Group for approximately $5.95 billion, marking a major reshaping of its international investment portfolio. The transaction follows...
TechnoTime Emirates
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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...
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Mastercard and VEON Partner to Expand AI-Powered Digital Financial Services Across Four...Mastercard and global digital operator VEON have announced a strategic collaboration to accelerate access to inclusive and intelligent digital financial services across Ukraine, Kazakhstan, Pakistan, and Uzbekistan. The partnership brings together VEON’s...
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Dubai Off-Plan Office Sales Hit Record AED 13.1 Billion in First Half...Off-plan office sales in Dubai surged to a record AED 13.1 billion during the first half of 2026, exceeding the total value recorded over the previous seven years combined, according to Al...
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Emirates NBD Expands Digital Margin Trading With Credit Limits Up to AED...Emirates NBD has significantly enhanced its margin trading facilities, allowing eligible clients to apply digitally for credit limits of up to AED 10 million to increase their purchasing power when trading equities....
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Dubai SME and Hyatt Partner to Expand Hospitality Opportunities for Small BusinessesThe Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development, part of Dubai’s Department of Economy and Tourism, has signed a memorandum of understanding with Hyatt Hotels in Dubai to expand...
Business
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eamp; Egypt Signs Cooperation Protocol with HCWW to Strengthen Digital Infrastructure and...e Egypt, a leading provider of telecommunications, information technology, and digital transformation solutions, has signed a strategic cooperation protocol with the Holding Company for Water and Wastewater (HCWW) to enable the use...
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10th of Ramadan Investors Launch ”Buy from 10th Factories First” Initiative to...hamdy Abdelrashid Eng.Ingie faltas, Head of the Industry Committee at the 10th of Ramadan Investors Association, emphasized the importance of integration among the citys factories. She stressed the need to rely on...
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DMCC Announces Strategic MoU Between Dubai Diamond Exchange and London Diamond BourseThe Dubai Multi Commodities Centre (DMCC)—the leading international business district and a prominent contributor to driving global trade flows through Dubai—has announced the signing of a Memorandum of Understanding (MoU) between the...
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Nelly Kids Fashion 2026 Fully Booked Weeks Ahead of Its 86th Edition...hamdy Abdelrashid All exhibition spaces for the upcoming Nelly Kids Fashion 2026 exhibition have been completely sold out weeks before the event kicks off. This overwhelming response highlights massive demand from companies...
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Meta Faces Unprecedented $1.4 Trillion Fine Threat in US Lawsuit Over Child...Meta Platforms (META) is confronting the risk of a staggering financial penalty that could reach up to $1.4 trillion. This marks one of the largest legal battles in tech history, fueled by...
Technology
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France’s Bohr Energie Raises €10 Million Series A to Optimize Distributed Renewable...Bohr Energie, a French startup specializing in aggregating, optimizing, and managing renewable energy assets and distributed energy storage systems, has announced the successful closing of a €10 million Series A funding round....
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Belgium’s Polysense Secures $10.7 Million Seed Round to Optimize Food Manufacturing with...Belgian startup Polysense, a specialist in AI-driven quality control and operational process optimization for the food manufacturing sector, has announced the raising of $10.7 million in a Seed funding round. The investment...
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Bluesky Appoints Tony Schneider as Permanent CEO to Drive Growth and Community...The social media platform Bluesky has announced the appointment of Tony Schneider as its permanent Chief Executive Officer, following his four-month tenure leading the company on an interim basis. The move aims...
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US AI Training Startup Mercor Nears $20 Billion Valuation Amid Strong Funding...The American startup Mercor, which specializes in training artificial intelligence models, is close to doubling its market valuation to approximately $20 billion after entering talks to raise a new funding round. This...
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Lithuania’s UPay Technology and Singapore’s Safeheron Sign Strategic Pact at Abu Dhabi...Lithuania-based UPay Technology LTD has announced the signing of a strategic Memorandum of Understanding (MoU) with Singapore-based Safeheron. The agreement was finalized on the sidelines of the Stablecoin and Digital Asset Innovation...
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US EV Market Rebounds in Q2 as Surging Gas Prices Highlight Clean...The United States electric vehicle (EV) market successfully regained its momentum in the second quarter of the year, recovering from a severe slump triggered by the expiration of federal incentives. The primary...
Smart cities
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Hassan Allam Holdings Ongoing Projects Reach $10.5 Billion, with 50% Executed Outside...Hassan Allam, Chairman and CEO of Hassan Allam Holding, revealed that the total volume of the groups ongoing projects stands at approximately $10.5 billion. He noted that nearly 50% of these projects...
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Apache and Toledo Announce Strategic Partnership to Develop Integrated Real Estate and...In a move reflecting a new trend toward developing more integrated real estate and tourism projects, Apache for Investment and Urban Development has announced the signing of a strategic partnership with Toledo...
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Expo City Dubai and Emirates NBD Forge Strategic Partnership to Offer Tailored...Expo City Dubai has announced the signing of a strategic partnership agreement with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Turkey) region, to provide customized...
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Madinet Masr Board Approves Purchase of Up to 2% of Treasury SharesMadinet Masr announced that its Board of Directors approved, on June 28, 2026, the execution of a treasury share buyback program, targeting the purchase of up to 2% of the companys total...
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One of One Taps DEX Squared to Secure Global Hotel Brand for...One of One Developments has signed a strategic partnership with hospitality consultancy DEX Squared to select an international hotel brand for its Bridges mixed-use development in Sheikh Zayed City. Under the agreement,...
Banks
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Egyptian Pound Exchange Rates Hold Steady Against Foreign Currencies This SaturdayForeign and Arab currency exchange rates held steady against the Egyptian pound during trading today, Saturday, July 11, 2026. The stability coincides with the banking sectors weekend recess, reflecting the latest official...
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Egypts Central Bank Sees Improving Inflation Outlook but Holds Interest Rates SteadyCairo – July 10, 2026 – The Central Bank of Egypt (CBE) kept its benchmark interest rates unchanged on Thursday, signaling growing confidence in the countrys inflation outlook while maintaining a cautious...
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Remittances from Egyptians Abroad Surge 31.2% to $43.1 Billion in July-May FY...The Central Bank of Egypt (CBE) announced that remittances from Egyptians working abroad sustained their upward trajectory during the fiscal year (FY) 2025/2026. Remittances surged by 31.2% during the period from July...
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Foreign and Arab Currency Exchange Rates Stabilize Against the Egyptian Pound on...Foreign and Arab currency exchange rates against the Egyptian Pound (EGP) witnessed stability during trading on Thursday, July 9, 2026, according to the latest exchange rate updates. The US Dollar recorded approximately...
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QNB Announces H1 2026 Financial Results: Consolidated Net Profit Jumps to EGP...hamdy Abdelrashid QNB announced its standalone and consolidated financial results for the financial period ending in June 2026, recording exceptional performance and robust growth across all its key indicators. These results reflect...
Fin tech
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German Startup Lissi Raises €3.5 Million to Accelerate European Digital Wallet IntegrationLissi GmbH, a German tech company specializing in European digital wallet integration and verifiable credential services, has successfully raised €3.5 million in a new funding round. The investment is aimed at accelerating...
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Finance Minister Urges Customer-Centric Focus and AI Adoption in Egypts Tax SystemsIbrahim Sarhan, Chairman and Managing Director of e-finance for Digital and Financial Investments, affirmed that the company is deploying its full technical and technological capabilities to upgrade tax services. He noted that...
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Sharjah Central Finance Department Executes 62 Million Digital Transactions via NEOPAY PartnershipThe Central Finance Department in the Emirate of Sharjah has confirmed that its strategic partnership with NEOPAY, the digital payments arm of Mashreq Bank, has established an advanced ecosystem for digital government...
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Azentio Launches AI-Powered E-Invoicing Solution in the UAE Ahead of 2027 Mandatory...Singapore-based Azentio Software, a leading provider of technology solutions for the banking, financial services, insurance, and Enterprise Resource Planning (ERP) sectors, has announced the launch of its integrated e-invoicing solution in the...
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du Pay and GCash Launch Smart Remittance Campaign for Filipino Expats in...du Pay, the advanced digital financial services arm of du, has partnered with GCash, the Philippines leading digital wallet by Globe Telecom, to launch a new campaign aimed at delivering a smarter...
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Talabat Releases H1 2026 “Giving” Report, Facilitating Over 56 Million Meals Across...Talabat, the leading everyday deliveries app in the Middle East and North Africa (MENA) region, has released its “Giving” initiative report for the first half of 2026. The report highlights the initiatives...
Cars
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Abou Ghaly Motors and Geely Global Discuss Expanding Local Manufacturing of Geely...Abou Ghaly Motors Group, the exclusive distributor for the Geely Galaxy NEV (New Energy Vehicle) brand in Egypt, has held extensive discussions with officials from Geely Global to explore local expansion plans....
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Linda Ashraf Appointed as Marketing Manager for BAIC and ARCFOX in Egypthamdy Abdelrashid Alkan Auto, the exclusive distributor for the BAIC and ARCFOX automotive brands in the Egyptian market, has announced the appointment of Linda Ashraf as the new Marketing Manager for both...
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General Motors Egypt Begins Final Testing for Locally Assembled Chevrolet Groove Ahead...General Motors Egypt has commenced final testing for the locally assembled version of the Chevrolet Groove. These assessments are being conducted to verify the vehicles readiness and performance under various local driving...
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The Future of Mobility: Feasibility, Global Expansion, and Challenges of Self-Driving TaxisFor over a decade, major tech companies have promoted self-driving taxis as a safer and more efficient means of transporting people within cities. Since 2018, these vehicles have been operating on a...
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5 Brand New Electric Cars in Egypt Priced Under EGP 1 Million:...hamdy Abdelrashid The Egyptian automotive market is witnessing a notable expansion in the electric vehicle (EV) segment, with the introduction of several new models priced below EGP 1 million. This shift reflects...
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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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...
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Yahya Abu El-Fotouh appointed CEO and Managing Director of the Housing and...The Housing and Development Bank announced that Hassan Ghanem has submitted his resignation from his position as CEO and Managing Director, effective June 30, 2026. The bank explained that its Board of...
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A strategic partnership agreement was signed between Dal Developments and Mahara, led...DAL Developments, a real estate development company, announced a strategic partnership with Mahara, a company specializing in the development and management of sports and entertainment facilities, led by former world squash champion...
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Sami Qalini: Survival belongs to those who are most truthful in delivery...Engineer Sami Qaliny, an expert in real estate development, emphasized that in the real estate market, promises alone are no longer sufficient. With increased competition and a proliferation of projects, clients have...
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 Y500 Set to Launch in Egypt Soon with 8,100mAh Battery and...CAIRO – vivo is preparing to introduce the vivo Y500 to the Egyptian market soon, expanding its mid-range smartphone portfolio with a device focused on extended battery life, durability, multimedia performance and...
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Pre-order Now All-new HUAWEI nova 15 Max Delivers Extreme Endurance and ToughnessThe HUAWEI nova 15 Max is set to redefine smartphone endurance with its massive battery and durable design. Designed for users who demand reliable all-day performance without compromise, the latest addition to...
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Nokia, SAP and Microsoft Enter Strategic Multi-Year Agreement to Advance Cloud- and...SAP SE (NYSE: SAP) today announced that Nokia, a global leader in connectivity for the AI era, has signed a new multi-year agreement with SAP to help accelerate its enterprise transformation using...
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Samsung Launches Galaxy A27 5G with AI-Powered Features, 120Hz AMOLED Display and...Samsung Electronics Egypt has unveiled the Galaxy A27 5G, the latest addition to its Galaxy A series, introducing a larger immersive display, enhanced artificial intelligence capabilities, improved performance, and long-term software support...
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Soon in Egypt… The All-new HUAWEI nova 15 Max Delivers Extreme Endurance...The HUAWEI nova 15 Max is set to redefine smartphone endurance with its massive battery and durable design. Designed for users who demand reliable all-day performance without compromise, the latest addition...
تكنوتايم بالعربي
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تحول رقمي وتطوير للخدمات.. أبرز ملامح ضوابط العمرة الجديدةواصلت اللجنة العليا للعمرة والحج، برئاسة سامية سامي مساعد وزير السياحة والآثار لشئون شركات السياحة، رئيس اللجنة، مناقشة مشروع ضوابط موسم العمرة لعام 1448هـ في صورته النهائية، تمهيدًا لعرضه على شريف فتحي...
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معهد التخطيط القومي يختتم برنامجًا تدريبيًا لتعزيز القدرات التحليلية باستخدام نموذج أهداف...اختتم معهد التخطيط القومي البرنامج التدريبي بعنوان ديناميكيات النظم ونموذج أهداف التنمية المستدامة المتكاملة (iSDG): بناء القدرات التحليلية، وذلك بمشاركة نخبة من خبراء المعهد، والمركز الإقليمي للبيئة والتنمية للدول العربية وأوروبا (سيداري)،...
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وزير الصناعة يتفقد مجمع «مصر للغزل والنسيج» بالمحلة الكبرىاستهل المهندس خالد هاشم، وزير الصناعة، زيارته إلى مدينة المحلة الكبرى، اليوم، بجولة تفقدية داخل مجمع مصانع شركة مصر للغزل والنسيج، لمتابعة سير العمل ومعدلات تنفيذ خطة تطوير أكبر صرح لصناعة الغزل...
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Emirates NBD Launches Integrated Rewards Hub via ENBD X App to Revolutionize...Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has officially announced the launch of its all-new Rewards Hub within the ENBD X mobile banking...
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رئيس مجموعة باساب: الذكاء الاصطناعي أصبح جزءًا أساسيًا من منظومة التصنيع بالمجموعةكشف المهندس شريف الصياد، رئيس مجموعة باساب، عن بدء تطبيق تقنيات الذكاء الاصطناعي داخل المصانع التابعة للمجموعة، بهدف رفع كفاءة التشغيل وتحسين تقييم الأداء داخل خطوط الإنتاج. وقال، إن المجموعة بدأت استخدام...