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Digitize Celebrates Local Manufacturing Milestone with AOI, Signs EGP 5 Billion Agreement...Digitize for Investment and Technology (EGX: DGTZ.CA) has announced a major milestone in its local manufacturing journey, producing fiber optic and telecom infrastructure products at the factories of the Arab Organization for...
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Beltone to Showcase Financial Innovation at GITEX GLOBAL 2025 in DubaiBeltone, a leading financial services and leasing company, has announced its participation in GITEX GLOBAL 2025, the world s largest technology and startup exhibition, set to take place from 13 17 October...
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Mastercard collaborates with HyperPay to transform the region’s business payments landscapeMastercard will collaborate with HyperPay, the leading payment gateway provider in the Middle East and North Africa (MENA), to accelerate the digital transformation of the Saudi commercial payments landscape. The collaboration will...
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Egypt’s Mobile Manufacturing Industry Expands to 14 Factories with 9 Million Units...Egypt s Minister of Communications and Information Technology, Dr. Amr Talaat, announced that the country now hosts 14 mobile phone manufacturing plants, with production commitments set to reach 9 million units in...
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Egypt Targets AI to Contribute 7.7% to GDP by 2030, Says ICT...Egypt s Minister of Communications and Information Technology, Dr. Amr Talaat, announced that the country aims to increase artificial intelligence s contribution to the national GDP to 7.7% by 2030. Speaking at...
Business
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Cornerstone Development Calls for Youth Mortgage Initiative at 6–7% Interest, Unveils Expansion...Cornerstone Development has called for the launch of a dedicated mortgage financing initiative targeting young professionals, offering interest rates between 6% and 7% with long-term repayment plans. Ashraf Boulos, Chairman and Managing...
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Orange Egypt’s Ayman Amiri Named ‘CTO of the Year 2025’ by Mobile...Mobile Europe, a leading UK-based telecoms magazine, has named Eng. Ayman Amiri, Chief Technology and Innovation Officer at Orange Egypt, as CTO of the Year 2025. The award is one of the...
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Mohamed Nagaty Joins Tactful AI as Investor and Advisor to CEO, Driving...Tactful AI, a leading provider of AI-powered customer experience solutions, today announced that Egyptian entrepreneur and investor Mohamed Aboulnaga Nagaty has joined the company as both investor and strategic advisor to the...
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Major Gulf markets fall after Israeli attack on QatarMajor stock markets in the Gulf had a rocky start on Wednesday after an Israeli airstrike on Qatar targeted leaders from Palestinian group Hamas on Tuesday. Hamas said five of its members...
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Egypt monthly inflation rises in AugustThe Central Agency for Public Mobilization and Statistics (CAPMAS) announced that Egypt s nationwide Consumer Price Index (CPI) rose to 257.1 in August 2025, registering a slight monthly increase of 0.2% compared...
Technology
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Kaspersky introduces a cutting-edge cybersecurity solution designed for medium-sized businessesKaspersky is strengthening its flagship product line, Kaspersky Next, with two new innovative solutions: Kaspersky Next XDR Optimum and Kaspersky Next MXDR Optimum, designed specifically for small and mid-sized businesses. These products...
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OPPO and Vodafone Partner to Launch the OPPO A5i Pro 5G in...OPPO, the global smart device brand, officially announced the launch of its latest smartphone, the OPPO A5i Pro 5G, in exclusive collaboration with Vodafone Egypt. This partnership brings a new level of...
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Samsung Highlights Privacy-Centered Galaxy AI Experience in EgyptAs artificial intelligence becomes a central part of daily mobile experiences, Samsung Electronics is placing user privacy and control at the forefront with Galaxy AI. The company announced that its AI-powered ecosystem...
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LG Announces Major Price Reduction Across Key Products in EgyptLG Electronics has announced a significant price reduction across its product portfolio in Egypt, making its most advanced technologies more accessible to local consumers. The move underscores LG s strategy to strengthen...
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Kaspersky warns of WhatsApp account hijacking scam involving fake votingKaspersky has uncovered a new phishing campaign targeting WhatsApp users through a fraudulent voting scheme. This attack lures victims with a voting page allegedly featuring young athletes, but other voting topics are...
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Samsung Unveils Premium Built-In Kitchen Appliances at IFA 2025, Redefining European Home...Samsung Electronics Co., Ltd. introduced a new lineup of premium built-in kitchen appliances at IFA 2025, reflecting the growing European demand for open, caf -style kitchen interiors that emphasize both performance and...
Smart cities
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Egypt Ramps Up Affordable and Green Housing Projects Across New CitiesEgypt s Minister of Housing, Utilities, and Urban Communities, Eng. Sherif El-Sherbiny, has instructed officials to expedite construction progress on several projects under the presidential initiative Housing for All Egyptians across New...
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Mountain View Launches Hospitality Arm and Opens First Hotel on Egypt’s North...Mountain View has officially launched its new hospitality arm, Mountain View Hospitality, a standalone company specializing in hotel management and hospitality services. The debut coincides with the opening of the group s...
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Qualcomm unveils driverless tech with BMWQualcomm s self-driving technology developed alongside BMW is expected to spark significant interest from other automakers keen to licence the system, the CEO of the U.S. chip giant told CNBC. The comments...
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Friend… An AI Friend That Earns You Many Enemies| videoThe Friend pendant, an AI-powered wearable created by 22-year-old Avi Schiffmann, has sparked both fascination and controversy. Retailing at $129 in the US and Canada, the device is a small plastic disc,...
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Egypt Unveils $18 Billion “Marassi Red Sea Edition” Mega Project to Transform...In the presence of Egypt s Prime Minister Dr. Mostafa Madbouly and Minister of Housing, Utilities, and Urban Communities Eng. Sherif El Sherbiny, Emaar Misr Chairman Jamal Bin Theniyah announced the launch...
Banks
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Emirates NBD Egypt Partners with Talaat Moustafa Group to Launch Exclusive Co-Branded...Emirates NBD Egypt has partnered with Talaat Moustafa Group (TMG) to introduce a new range of exclusive co-branded Mastercard credit cards, offering a tailored banking experience for residents and customers within and...
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National Bank of Egypt Signs Cooperation Protocol with Agrofood to Finance Farmers...The National Bank of Egypt (NBE) has signed a cooperation protocol with Agrofood, a company specializing in cotton trading and seed production, to support farmers and small and medium-sized agricultural enterprises. Under...
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National Bank of Egypt Wins “Best Retail Bank” and “Most Secure Bank...The Global Economics, a leading international publication specializing in economic and financial affairs, has honored the National Bank of Egypt (NBE) with two prestigious awards for 2025: Best Retail Bank and Most...
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Mashreq Bank Egypt Expands Reach Through Strategic Partnership with Fawry and eamp;Mohamed Talaat, Head of Retail Banking at Mashreq Bank Egypt, announced that the bank has launched a strategic partnership with Fawry and e , leveraging nearly 800 outlets across the country to...
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Egypt’s Pound Strengthens as Dollar Declines; Central Bank Reserves Hit Record HighThe U.S. dollar slipped against the Egyptian pound on Monday, September 8, across state-owned and private banks, as Egypt s foreign currency reserves reached their highest level on record. The Central Bank...
Fin tech
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ValU and Mobile Masr Launch Egypt’s First Peer-to-Peer BNPL Service for Used...ValU, the leading fintech platform in the Middle East and North Africa, announced today a strategic partnership with Mobile Masr, Egypt s leading e-commerce platform specializing in original and pre-owned mobile phones...
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Fawry Partners with CDS Solutions to Deliver Integrated Payment Solutions for Odoo...In a new strategic step that strengthens its leadership in the digital payments sector, Fawry, Egypt s leading fintech Company, has announced a strategic partnership with CDS Solutions, Odoo s certified Golden...
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Visa Introduces “Visa Pay” to Drive Digital Payments and Financial Inclusion in...the global leader in digital payments, has announced the launch of Visa Pay in the Democratic Republic of Congo (DRC), a new platform designed to provide secure, interoperable digital payment solutions for...
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Dopay Launches “Get Paid Early” in Egypt: Supporting Employee Financial Wellbeing and...In response to mounting economic challenges and rising living costs, financial wellbeing has become a necessity rather than a luxury for employees, directly impacting productivity and corporate profitability. Against this backdrop, Dopay,...
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Dopay Targets 2 Million Corporate Clients in Egypt Within Three YearsDigital payments company Dopay has announced ambitious plans to expand its client base to 2 million companies in Egypt over the next three years, reflecting the strong growth momentum it has achieved...
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Visa Enables AI to Handle Payments for YouVisa has unveiled new developer tools that allow AI agents to directly access its payment network and autonomously make purchases on behalf of users an innovation Visa calls agentic commerce . This...