News
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The Off-World Cloud: Tech Giants Pivot to Space-Based Data Centers to Fuel...As earth-based data centers face severe power grid constraints and soaring cooling costs driven by generative AI, the technology sector is aggressively exploring a vertical solution: Space-Based Data Centers. Elite tech and...
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Tech Titans Left Empty-Handed in Beijing: Why Trump’s China Summit Failed to...Despite high-profile receptions and top-tier access to Chinese officials, the highly anticipated corporate summit in Beijing concluded without breaking the economic deadlock between the worlds two largest economies. Accompanied by U.S. President...
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The $1 Million Bitcoin Roadmap: Institutional Inflows and Generational Shifts Fuel Long-Term...Bullish sentiments surrounding Bitcoin (BTC) have returned to the forefront of global finance, with a growing consensus among crypto analysts projecting the benchmark digital asset could hit $1 million within the next...
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Egyptian Gold Prices Retreat as Global Bullion Plummets 3.7% on Hawkish Fed...Domestic gold prices in Egypt extended their losses on Saturday, aligning with the global weekend lull after a tumultuous week for precious metals. According to a report by the Gold Monitor Center...
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Egypt Hosts Presidential African Youth in AI and Robotics Competition 2026Egypt is hosting the third edition of the Presidential African Youth in Artificial Intelligence and Robotics Competition (AYAIR) 2026, organized in partnership with the African Union Development Agency (AUDA-NEPAD) and Ele-vate...
TechnoTime Emirates
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UAE Gold Sector Expands to 6,213 Companies and 53 Refineries Amid Strong...The UAE’s gold industry continues to strengthen its global standing, with the country now home to 6,213 companies operating across the gold and precious metals sector, in addition to 53 gold refineries,...
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Dubai Real Estate Transactions Hit AED 6.28 Billion in One Day Amid...Dubai’s real estate market recorded exceptionally strong activity this week, with total property transactions soaring to AED 6.28 billion in a single day, driven primarily by a sharp rise in large-scale mortgage...
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UAE Banking Sector Assets Exceed AED 5.55 Trillion in Q1 2026The UAE banking sector continued its strong growth trajectory during the first quarter of 2026, with total banking assets surpassing AED 5.55 trillion by the end of March, reinforcing the country’s position...
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Empower Reports AED 208 Million Net Profit in Q1 2026 as Revenue...Emirates Central Cooling Systems Corporation PJSC (Empower) reported strong financial results for the first quarter of 2026, posting net profit after tax of AED 208 million, marking a 44% year-on-year increase compared...
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Dubai Homeowners Holding Properties Longer, Matching Ownership Trends in London and New...Homeowners in Dubai are increasingly holding onto their properties for longer periods, with ownership patterns now resembling those seen in major global cities such as London and New York, according to a...
Business
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Mamp;P Group to Host Mosaic International Strategic Affairs Forum in Cairo Alongside...M P Group announced that it will host the seventh edition of the Mosaic International Strategic Affairs Forum in Cairo from 3 to 5 June 2026, coinciding with the group’s 10th anniversary...
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Egypt’s Food Exports to Saudi Arabia Surge 15.3% in 2025, Reaching $563.8...Egypt’s food processing industry is witnessing a robust expansion in the Gulf, with exports to Saudi Arabia hitting $563.8 million in 2025, up from $489.1 million in 2024. According to the Egyptian...
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Korra Energy and Investment to Float 11% Stake on the Egyptian Exchange...Korra Energy and Investment Projects announced plans to offer 11% of its shares on the Egyptian Exchange, in a strategic move aimed at supporting the company’s expansion plans and strengthening its position...
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Egypt Targets 6% GDP Growth via Domestic Savings and Digitalized Investment Reforms,...In a comprehensive briefing to the House of Representatives’ Economic Committee, Egypt’s Minister of Investment and Foreign Trade, Dr. Mohamed Farid Saleh, outlined a multi-faceted roadmap to revitalize the national economy. The...
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Egypt’s EdVentures Crowned ”Global Investor of the Year” at the 2026 Global...EdVentures, the venture capita arm of Nahdet Misr Group, has achieved a historic milestone by winning the “Global Investor of the Year” award at the Global Startup Awards 2026. The announcement was made...
Technology
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AI Infrastructure Surge: Modal In Advanced Talks To Raise Capital At Stellar...Modal, the high-growth American AI infrastructure and cloud computing startup, is reportedly in advanced negotiations to secure a new round of funding that could catapult its valuation to $4.5 billion. Driven by...
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A Win for Journalism: Top European Court Orders Meta to Pay Italian...The structural financial decline of traditional media houses may have found its strongest countermeasure yet in Luxembourg. Meta Platforms has lost a critical legal battle, cementing the right of European news organizations...
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Saudi Arabia Unveils Sovereign Asset Tokenization Blueprint to Build a Frictionless, Blockchain-Powered...In a transformative move poised to redefine wealth management in the Middle East, the Kingdom of Saudi Arabia has officially launched a national mega-project targeting the comprehensive Tokenization of its real estate,...
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A Win for Journalism: Top European Court Orders Meta to Pay Italian...The structural financial decline of traditional media houses may have found its strongest countermeasure yet in Luxembourg. Meta Platforms has lost a critical legal battle, cementing the right of European news organizations...
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Uber Pivots Globally Toward Autonomous Mobility Ecosystem, Banking on Multi-Vendor Robotaxi PartnershipsUber Technologies Inc. is aggressively restructuring its long-term business model, accelerating its transition from a driver-dependent ride-hailing app into a comprehensive, AI-driven autonomous mobility platform. Rather than building proprietary autonomous hardware, Ubers...
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iExperts GRC Director: AI Evolves Phishing from Static Threats to Adaptive Cyber...Traditional technical defense perimeters are no longer sufficient to stop modern cyber fraud, warns Ashraf Abdel Hamid, Senior Director of Governance, Risk, Compliance, and Audit at iExperts. Speaking during a specialized panel...
Smart cities
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Egyptian-Emirati Alliance Launches VIE COMMUNITIES with Investments Exceeding EGP 150 BillionA major Egyptian-Emirati real estate alliance has officially launched VIE COMMUNITIES, unveiling an ambitious investment strategy targeting Egypt’s rapidly expanding property market through projects exceeding EGP 150 billion in New Cairo. Strategic...
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ALMA Developments CEO Calls for Institutional Integration to Safeguard Egypt’s Real Estate...Eng. Mohamed Salah El-Hady, CEO of ALMA Developments, has identified a critical turning point for the Egyptian real estate market, asserting that the sector’s rapid expansion necessitates a robust regulatory framework and...
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TMG Holding’s ”The Spine” Hits EGP 30 Billion in Sales Within 18...Talaat Moustafa Group (TMG) Holding, Egypt’s leading real estate developer, has announced a historic launch for its latest mega-project, The Spine. Since sales commenced on April 20, 2026, the project has generated...
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Orascom Development’s O West Signs Exclusive Sponsorship Agreement with Squash Champion Hania...O West, the flagship development by Orascom Development, has announced the signing of an exclusive sponsorship agreement with Egyptian squash champion and professional player Hania El Hammamy. Under the three-year agreement, O...
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Tamer Nasser Ranked Among Forbes’ Top 100 Real Estate Leaders as City...Tamer Nasser, CEO of City Edge Developments, has secured the 84th spot on Forbes Middle East’s prestigious Most Influential Real Estate Leaders 2026 list. Since taking the helm in September 2024, Nasser...
Banks
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Hisham Okasha: Artificial Intelligence Is Reshaping Risk Management and Transforming It into...Hisham Okasha, CEO of Banque Misr, said artificial intelligence is fundamentally transforming the future of banking risk management, shifting its role from a traditional oversight function into a strategic partner supporting sustainable...
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Arab Banks Must Shift from Traditional Oversight to Predictive Risk Management, Says...Mohamed El-Etreby said Arab banking institutions are undergoing an unprecedented transformation that requires more advanced and flexible risk management models capable of adapting to accelerating economic, technological, and geopolitical changes. Speaking...
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SAIB Bank Launches New Savings Certificates Offering Returns of Up to 17.5%SAIB Bank has introduced two new Egyptian pound-denominated savings certificates, “Excellence” and “Prime,” as part of its strategy to expand its retail banking offerings and provide customers with competitive fixed-return investment options....
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Banque Misr Launches ”Flex Plus” Deposit Series with Competitive Returns Up to...Banque Misr, Egypt’s second-largest state-owned bank, has unveiled its latest saving product, the Flex Plus deposit series. Designed to provide maximum flexibility and high returns, the new EGP-denominated deposits offer annual interest...
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SoftBank’s AI Gamble Pays Off: Annual Profit Quadruples to $32 Billion on...SoftBank Group Corp. has reported a staggering net profit of 5 trillion yen ($32 billion) for the fiscal year ending March 2026, marking a complete turnaround for the Japanese tech giant. The...
Fin tech
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Fitch: Egypt’s Economic Policies Helped Limit the Impact of Iran War Tensions...Fitch Ratings said Egypt’s recent economic and monetary policy measures have helped contain the impact of escalating regional tensions linked to the Iran conflict on the country’s sovereign credit profile. According to...
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Adapt or Perish: Why Traditional Trading Strategies are Failing in the 2026...The financial markets of 2026 have officially entered a New Normal characterized by extreme volatility and the collapse of predictable cycles. According to a new market insight from JustMarkets, a multi-licensed global...
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Valu Secures FRA Approval for EGP 10 Billion Securitization Program to Fuel...Valu, Egypt’s leading consumer finance platform, has received the green light from the Financial Regulatory Authority (FRA) for its seventh securitization program. The program, managed by EFG Securitization, allows for a total...
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e-finance Integrated Solutions Sector Skyrockets with 75.9% Revenue Growth in Q1 2026e-finance for Digital and Financial Investments (S.A.E.) has announced a landmark performance for its Integrated Solutions and Network Management sector during the first quarter of 2026. The sectors revenue surged by an...
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e-finance Revenue Surges 39% to EGP 2.2 Billion in Q1 2026, Driven...e-finance for Digital and Financial Investments (S.A.E.) has reported a robust financial performance for the first quarter of 2026, with consolidated revenues jumping 39% year-on-year to reach EGP 2.2 billion. This growth...
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Visa’s Tarek Abdalla Recognized Among Africas Top 100 Most Influential CMOs for...The #ACMO100 initiative, in collaboration with the African Union, has officially named Tarek Abdalla, Senior Vice President and CMO of Central Europe, Middle East, and Africa (CEMEA) at Visa, to its 2026...
Cars
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FutureTECH by Raya and XPENG Conclude Egypt’s First EV-Focused Accelerator ProgramFutureTECH by Raya, the innovation arm of Raya Holding, has successfully concluded its inaugural accelerator program dedicated to the Electric Vehicle (EV) and smart mobility sector. In partnership with Raya Auto (the...
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School Mobility Unicorn Zūm Hits $1.7B Valuation Following $100M Strategic InvestmentZūm, the AI-driven leader in modern student transportation, has secured $100 million in a new strategic funding round, catapulting its valuation to $1.7 billion. This latest injection brings the company s total...
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Tesla Deploys Fully Autonomous Robotaxis in Dallas and Houston Ahead of Q1...Tesla Inc. has officially launched its fully autonomous robotaxi service in Dallas and Houston, marking its first major expansion outside of Austin and the San Francisco Bay Area. This strategic move comes...
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China Tightens Grip on Autonomous Driving Tests Following Baidu ”Apollo Go” Incident...Chinese regulatory authorities have issued new directives mandating comprehensive safety reviews for all smart and connected vehicle testing across the country. The move comes in response to a widely publicized technical glitch...
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Lucid Group Secures $750M in New Funding; Partners with Uber to Deploy...Lucid Group has announced a major capital infusion and a strategic expansion of its partnership with Uber, backed by an additional investment from Ayar Third Investment Company, a subsidiary of Saudi Arabia...
cyber security
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Kaspersky shares 5-step safety action plan on what to do when you...As the major sport and music events kick off and holiday travel peaks, the rate of lost and stolen phones spike. But when your device vanishes – in a crowded stadium, a...
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Kaspersky discovers vulnerability in Qualcomm Snapdragon chips that can lead to data...Kaspersky ICS CERT discovered a hardware-level vulnerability affecting Qualcomm chipsets that are widely used in a range of consumer and industrial devices, including smartphones and tablets, car components, IoT devices and more....
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Online scam exposure remains widespread in Egypt despite high levels of self-assurance,...Kaspersky recent survey highlights considerable gap between consumers confidence in identifying online scams and their actual exposure to cyber threats. According to the findings, 28% of respondents in Egypt reported encountering an...
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Kaspersky warns of digital medicine risks on the occasion of World Health...On World Health Day, Kaspersky warns of risks tied to the digitization of healthcare and use of telemedicine. Recent incidents show that medical services can be breached, and as a result, medical...
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Kaspersky Links Coruna Exploit Kit to Updated Operation Triangulation FrameworkKaspersky has revealed that the recently identified Coruna exploit kit is a direct and updated iteration of the framework used in the highly sophisticated Operation Triangulation cyber-espionage campaign, according to new findings...
Markets
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Cornerstone Development fulfills its commitments and will fully deliver The Curve in...Cornerstone Development is preparing to deliver its project, The Curve, in the New Administrative Capital this year, reflecting the companys commitment to fulfilling its contractual obligations and delivering units on time and...
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Arabesque Development plans to launch two new projects in the coming period.Dr. Abdel Hamid El-Wazir, Chairman of the Board of Directors of Arabesque Real Estate Development Company, confirmed that the company is preparing to launch two new projects in the coming period. The...
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A strategic partnership between Fawry and ValU to provide flexible payment and...Fawry, a leading fintech company in Egypt, announced a strategic partnership with ValU, a leading financial technology company in Egypt. Under this partnership, ValUs services will be offered as a new, flexible...
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Ghoneim Development Group opens Ghoneim Square in Mokattam to contribute to the...Ghoneim Development Group inaugurated Ghoneim Square (GDG) on Counselor Abdel Meguid Mahmoud Axis in the Mokattam district. This initiative is part of the groups ongoing efforts to contribute to the citys development...
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Amira Masoud appointed Head of Sales at Rio Real Estate Investment CompanyAmira Masoud, Head of Sales at Rio Real Estate Investment Company, revealed the outlines of her strategy for leading the companys sales operations in the coming phase. She emphasized that her plan...
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Abdullah Salam is among Forbes Middle Easts list of the most influential...Madinet Misr (EGX: MASR.CA) announced that its CEO and Managing Director, Eng. Abdallah Sallam, has been selected for Forbes Middle East’s list of the 100 Most Influential Leaders in the Real Estate...
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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Huawei Reasserts Global Dominance with ”All-Scenario Intelligence” Launch in BangkokIn a high-impact global event themed Now Is Your Spark, Huawei officially unveiled its latest suite of flagship and ecosystem products, signaling a strategic push toward All-Scenario Intelligence. The launch featured the...
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realme rolls out “Real Champion” activations across Egyptian universities to inspire student...realme announced the successful launch of its “Real Champion” activation across two of Egypt’s leading universities: Cairo University from April 22 to 23, and Ain Shams University from April 27 to 28....
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HONOR Announces Pre-Orders for HONOR 600 Series, Redefining Flagship-Level Performance in Its...With a 200MP AI Night Camera, Snapdragon flagship performance, AI Image to Video 2.0, and all-day battery life, HONOR elevates the premium mid-range experience HONOR, a global AI device ecosystem company,...
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UNESCO and vivo Transform Mobile Phones into ”Digital Observatories” for Egyptian Youth...In a significant boost to Egypt’s environmental storytelling, UNESCO and vivo Egypt successfully hosted a capacity-building workshop at Alexandria University. Part of the global initiative Capture the Future, the event trained nearly...
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HUAWEI Band 11 Series Launches with HUAWEI Band 11 Series Launches with...HUAWEI announced the launch of the HUAWEI Band 11 series in the Egyptian market, introducing its latest generation of smart fitness bands that combine minimalist design with advanced technologies for independent health...
تكنوتايم بالعربي
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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...
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الصياد: نستهدف تصنيع سيارة كهربائية للشباب بسعر 500 ألف جنيهقال المهندس شريف الصياد، رئيس مجموعة باساب، أن المجموعة تعمل حاليًا على دراسة تصنيع سيارة كهربائية صغيرة مخصصة للشباب، بسعر يستهدف الوصول إلى نحو 500 ألف جنيه، في إطار التوسع في وسائل...
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شركة الأمل الشريف للبلاستيك بروتوكول تعاون مشترك مع شركة النصر للتصدير والاستيراد...في إطار تعزيز التعاون الإقليمي ودعم التوسع في الأسواق الإفريقية، وقّعت شركة الأمل الشريف للبلاستيك بروتوكول تعاون مشترك مع شركة النصر للتصدير والاستيراد (جسور) وذلك بهدف توحيد الجهود في مجالات التصنيع والتسويق...
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PayTabs تستحوذ على TAPn’GO لتعزيز المدفوعات اللاتلامسية في المنطقةأعلنت مجموعة PayTabs، إحدى شركات قائمة Future 100 والرائدة الحائزة على جوائز في مجال تنسيق الدفع في منطقة الشرق الأوسط وشمال إفريقيا، اليوم عن إتمام صفقة استحواذ كبرى أخرى. حيث استحوذت على...
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مصر تطلق النسخة الخامسة من جائزة مصر للتميز الحكومي بـ 15 فئة...أعلنت جائزة مصر للتميز الحكومي عن إطلاق دورتها الخامسة لعام 2026في إطار مواصلة دعم جهود الدولة المصرية لترسيخ مبادئ التميز المؤسسي، ورفع كفاءة المؤسسات العامة، وتطوير الخدمات الحكومية، وتسليط الضوء على الكوادر...



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