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Gold Prices Dip Slightly in Egypt – 21-Carat at EGP 4,650Gold prices in Egypt saw a midday update on Tuesday, with 21-carat gold the most traded in the local market recording EGP 4,650 per gram for buying and EGP 4,630 for selling,...
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US Dollar Declines Against Egyptian Pound in Midday Trading on Tuesday, July...The US dollar witnessed a slight decline against the Egyptian pound in midday trading on Tuesday across Egyptian banks, reflecting a mild strengthening of the local currency. According to data from the...
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Huawei announces open-sourcing of Pangu models to accelerate AI application, value creation2025-07-01 Chinese technology company Huawei announced on Monday the open sourcing of its Pangu models and model inference technologies based on Ascend, an initiative the company described as another key step toward...
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Gold Prices Edge Lower in Egypt by Midday Monday TradingGold prices in Egypt saw a slight decline by midday on Monday, with the price per gram falling by EGP 5 compared to the beginning of the day s trading session. According...
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Official: US Dollar Holds Steady Against Egyptian Pound on Monday, June 30,...The exchange rate of the US dollar against the Egyptian pound remained relatively stable during Monday morning trading on June 30, 2025, marking the start of the banking week. This follows a...
Business
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ACT Partners with The Dar.AI to Bring AI to Restaurant ManagementACT, a leading information and communication technology provider with over 35 years of industry experience, has announced a strategic partnership with The Dar.AI, an AI-driven platform designed to support brand managers. This...
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Mastercard steps up fraud prevention efforts with launch of Account Intelligence Reissuance...Cairo, Egypt; 1 July 2025: Mastercard has introduced Account Intelligence Reissuance, an advanced fraud prevention service to efficiently manage the card reissuance process, in the Eastern Europe, Middle East and Africa (EEMEA)...
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Joby Aviation stock pops 12% after company delivers first flying taxi to...Joby Aviation stock soared about 12% as the flying air taxi maker got closer to launching a service in the United Arab Emirates The electric vertical takeoff and landing, or eVTOL, company...
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”Abu Dhabi Islamic Bank - Egypt Leads Gains Among Listed Bank Stocks...The share of Abu Dhabi Islamic Bank - Egypt (ADIB Egypt) topped the list of gainers in the banking sector at the beginning of Tuesday s trading session, rising by 1.56% to...
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Nvidia insiders cash out $1bn worth of sharesNvidia insiders sold over $1 billion worth of company stock in the past year, with a notable uptick in recent trading activity as executives capitalize on surging investor interest in artificial intelligence,...
Technology
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Kaspersky Shares Tips to Keep Your Smart Home Devices SafeAs smart homes continue to grow in popularity, with projections indicating that over 33% of households globally will adopt smart home systems by 2028, the need for robust cybersecurity is more critical...
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Pixel 10 Pro XL Will Have Biggest Battery in Pixel Phone HistoryLast week we got a look at rumored specs for the Pixel 10. The highlight was that the battery size was getting upped, but Google may be downgrading the camera system slightly...
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Huawei announces open-sourcing of Pangu models to accelerate AI application, value creation
2025-07-01 Chinese technology company Huawei announced on Monday the open sourcing of its Pangu models and model inference technologies based on Ascend, an initiative the company described as another key step toward...
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Google’s New App ‘Doppl’ Lets You Virtually Try On Outfits Using AI|...The tech giant is bringing AI to your wardrobe in an unexpectedly personal way. Google is taking fashion tech one step further with the launch of Doppl, a new experimental app that...
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Facebook is asking to use Meta AI on photos in your camera...Facebook is asking users for access to their phone s camera roll to automatically suggest AI-edited versions of their photos including ones that haven t been uploaded to Facebook yet. The feature...
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Microsoft to Give Windows 10 Users a Cybersecurity LifelineAs Windows 10 approaches the latter part of its lifecycle, Microsoft is attempting to usher its users gently into a new era. While the US-based tech giant plans to end its support...
Smart cities
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Joby Aviation stock pops 12% after company delivers first flying taxi to...
Joby Aviation stock soared about 12% as the flying air taxi maker got closer to launching a service in the United Arab Emirates The electric vertical takeoff and landing, or eVTOL, company...
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DeepSeek faces ban from Apple, Google app stores in GermanyJune 27 (Reuters) - Germany s data protection commissioner has asked Apple (AAPL.O), opens new tab and Google (GOOGL.O), opens new tab to remove Chinese AI startup DeepSeek from their app stores...
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Windows is getting rid of the Blue Screen of Death after 40...The Blue Screen of Death (BSOD) has held strong in Windows for nearly 40 years, but that s about to change. Microsoft revealed earlier this year that it was overhauling its BSOD...
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AI is ruining houseplant communities onlineMaybe you could organize your plants like this, my friend s text message said, with an attached photo of white pots of plants floating midair in front of a huge, sunny window....
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Google brings historical Street View to Google EarthGoogle Earth is celebrating its 20th birthday, and to mark the occasion, Google is bringing historical Street View imagery to the service. In a blog post, Google said the anniversary update allows...
Banks
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”Abu Dhabi Islamic Bank - Egypt Leads Gains Among Listed Bank Stocks...
The share of Abu Dhabi Islamic Bank - Egypt (ADIB Egypt) topped the list of gainers in the banking sector at the beginning of Tuesday s trading session, rising by 1.56% to...
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Why banks and credit card firms are issuing their own crypto tokens...A $44 billion IPO. A Senate bill with bipartisan momentum. And now, a wave of Fortune 500 firms launching crypto tokens of their own. Stablecoins once a niche corner of the cryptocurrency...
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United Bank Settles EGP 3.8 Billion in Bad Debts Since 2012United Bank of Egypt has finalized settlements worth EGP 3.8 billion since 2012, according to Chairman Mohamed Ashmawy. Of the total, EGP 2.482 billion has been fully repaid, while EGP 238 million...
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Bank Misr Offers Up to 27% Returns on 2025 Certificates of DepositBank Misr has unveiled a new range of high-yield certificates of deposit (CDs), with annual interest rates reaching up to 27%, making them among the most competitive savings products in Egypt s...
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Sudden Drop in U.S. Dollar Exchange Rate Against the Egyptian PoundThe U.S. dollar saw a surprising decline against the Egyptian pound during Monday s trading session, falling by 23 to 34 piasters compared to its level at the start of the day....
Fin tech
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Nvidia insiders cash out $1bn worth of shares
Nvidia insiders sold over $1 billion worth of company stock in the past year, with a notable uptick in recent trading activity as executives capitalize on surging investor interest in artificial intelligence,...
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Why banks and credit card firms are issuing their own crypto tokens...
A $44 billion IPO. A Senate bill with bipartisan momentum. And now, a wave of Fortune 500 firms launching crypto tokens of their own. Stablecoins once a niche corner of the cryptocurrency...
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Contact Financial Holding and Noon Payments Announce Strategic Partnership to Deliver Innovative...Contact Financial Holding, Egypt s leading non-banking financial services provider, has signed a strategic partnership agreement with Noon Payments, the integrated online payment gateway powered by the regional e-commerce platform Noon. The...
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Mastercard, Chainlink Partner to Allow 3 Billion Users to Buy CryptoChainlink, a company that provides a decentralized oracle network, has partnered with payments provider Mastercard to allow the credit card company s three billion cardholders to buy crypto onchain. The integration could...
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Basata Card: Empowering a New Generation of Digital Payments in EgyptAs Egypt s digital transformation accelerates, the demand for smart, secure, and accessible financial solutions is more pressing than ever. Rising to meet this challenge, Basata Holding for Financial Payments has launched...
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Fiserv debuts bank-friendly stablecoin as fintechs join digital dollar raceThe payments and fintech giant announced on Monday plans to roll out a new blockchain-based digital asset platform anchored by a U.S. dollar-pegged stablecoin called FIUSD a product it hopes will bring...