OPPO Egypt, in collaboration with the Information Technology Industry Development Agency (ITIDA) and Nile University, has completed the third phase of its ongoing training initiative, giving students practical exposure to professional environments within the technology industry. The latest phase brought together students from Nile University’s technology-related disciplines for an in-depth introduction to customer service and after-sales operations. The training provided students with insights into real-world processes, professional standards and day-to-day operations, helping them gain a clearer understanding of the skills and career opportunities available within the technology sector. Bridging Academic Learning and Industry Experience Building on the initiative’s previous phases, the...

Saudi Central Bank announces Alipay+ payment acceptance in Saudi Arabia and plans to enable Apple’s Tap to Pay on iPhone in the Kingdom. Final-day announcements include an institutional capital programme of up to SAR 750 million from Quantic Financial Solutions with Lendo and a SAR 15 million Speedinvest investment in Abwab.ai. MoneySurge concludes three days of competition as the next generation of fintech innovators are crowned. Riyadh, Saudi Arabia – 17 September 2026: Money20/20 Middle East concluded in Riyadh with major developments for Saudi Arabia’s payments ecosystem announced by the Saudi Central Bank (SAMA), new investment announcements and the crowning of...

Creative Dialogues has announced the launch of TheMENAEdit, the Middle East and North Africa’s first structured cross-border design collective, bringing together 21 creatives from 10 countries to collaborate on original design works ahead of Cairo Design Week 2026. The initiative, co-produced by Creative Dialogues, Design Point, and Creative Districts, represents a new model for regional creative collaboration. The programme will culminate in a major exhibition during Cairo Design Week, scheduled to take place from November 19 to 28, 2026. A New Chapter for Regional Design Collaboration TheMENAEdit introduces an innovative approach to design collaboration across the MENA region. Seven multidisciplinary teams...

As organizations across Egypt accelerate their digital transformation journeys, data is increasingly emerging as the foundation of innovation, competitiveness, and sustainable growth. Against this backdrop, NetApp has announced the launch of NetApp CONNECT Cairo 2026, set to take place on June 23 at the Nile Ritz-Carlton in Cairo, bringing together technology leaders, customers, partners, and industry experts to discuss the future of artificial intelligence and intelligent data infrastructure. The event will convene decision-makers from key sectors including government, banking, telecommunications, and oil and gas, providing a platform to exchange insights on how organizations can unlock the full value of AI through...

Dubai-based advertising technology startup POPCORN (PopcornStudio.ai) has launched a new AI-powered platform that enables brands, agencies, and content creators to generate professional video advertisements within minutes using nothing more than a product link. The platform is designed to automate the entire video production process, offering an end-to-end workflow that includes creative concept development, scriptwriting, visual effects, voiceovers, virtual actor selection, and lip-sync synchronization. By eliminating the need for traditional production resources such as film crews, studios, and lengthy editing processes, POPCORN aims to significantly reduce production time and costs. A key differentiator for the platform is its proprietary Arabic lip-sync technology,...

Saudi Arabia’s esports sector continues to gain momentum, attracting regional and international companies seeking to expand their footprint in one of the fastest-growing gaming markets globally. Against this backdrop, Yalla Group has concluded a comprehensive participation in Saudi eLeague 2026, underscoring its commitment to supporting the long-term development of esports and digital entertainment ecosystems across the Middle East and North Africa (MENA). Yalla Group Expands Engagement at Saudi eLeague 2026 Yalla Group Limited, the largest MENA-based online social networking and gaming company, announced the successful conclusion of its integrated participation in Saudi eLeague 2026 (SEL 2026), including the Championship Festival Finals...

Cybersecurity threats continue to evolve as attackers develop new ways to bypass detection systems. In its latest findings, Kaspersky has identified a rising phishing technique involving QR codes constructed entirely from text characters, rather than traditional image-based formats. This emerging method represents a significant challenge for email security systems that rely on image scanning or link detection technologies. Rise of QR Code-Based Phishing QR codes embedded in emails have long been associated with phishing campaigns. During the second half of 2025, Kaspersky detected a fivefold increase in QR phishing attacks, highlighting their growing use among cybercriminals. Typically, these attacks rely on...

Imagine finally setting off on your long-awaited summer vacation in London, standing near Tower Bridge with your Galaxy S26 Ultra in hand, ready to capture the perfect shot. In a split second, the phone slips from your grip and the screen hits the pavement. It is a nightmare scenario for any traveler, yet far more common than expected. According to Samsung Care+ data, service claims in July and August rise by around 30% compared to the annual average. As smartphones now store everything from boarding passes and hotel bookings to maps and payment tools, a damaged device can quickly disrupt an...

CAISEC ’26 brings together Arab and African cybersecurity leaders through a strategic partnership aimed at advancing digital sovereignty, cyber resilience, and regional cooperation.

Kaspersky experts explain which online offers travelers should be cautious of when planning their trip, to avoid spoiling their experience ahead of the upcoming games. Thousands of fans are expected to attend the World Cup 2026, and many are already handling their travel logistics, purchasing their flights and other transport tickets, booking accommodation, and arranging everything they need to reach the host cities. As interest grows, so does the number of fraudulent schemes that exploit the fact that fans are actively preparing for their upcoming journey. Phantom prize In late April 2026, Kaspersky experts detected a campaign exploiting the branding of...

PUBG MOBILE has officially released its highly anticipated Version 4.4 update, bringing a fresh gameplay experience inspired by ancient Greek mythology alongside a wide range of improvements across multiple game modes. The update will remain available until July 7, offering players a more immersive and interactive experience through new content, upgraded mechanics, and expanded social features. Golden Dynasty experience transforms the battlefield The “Golden Dynasty” experience stands out as the biggest addition in Version 4.4, introducing major visual and gameplay changes across popular maps including Erangel, Livik, and Rondo. Several iconic locations have been redesigned with a mythology-inspired atmosphere, creating new...

Inception, a think tank specializing in entrepreneurship research and strategic consulting, announced a strategic partnership with El Gouna, part of Orascom Development, to host the fourth edition of the Egyptian Entrepreneurship Sector Annual Report Summit (SDR 2026). The summit is scheduled to take place from September 10 to 12, 2026, in El Gouna, positioning it as one of the region’s leading platforms dedicated to startups, innovation, and venture capital discussions. A Regional Platform for Investors and Entrepreneurs The summit will bring together government policymakers, investors, entrepreneurs, and innovation leaders from Egypt and the wider region to discuss key developments, challenges, and...

Infinix Mobility has officially launched its new Infinix NOTE 60 Series in the Egyptian market, introducing both the NOTE 60 Pro and NOTE 60 models as part of its latest flagship-oriented lineup under the campaign slogan “Raise Up”. The launch reflects the company’s continued strategy to strengthen its presence in emerging markets, particularly in Egypt, by offering devices that combine performance, design, and advanced multimedia capabilities. NOTE 60 Pro: High-End Performance for Gaming and Multitasking The NOTE 60 Pro is powered by the Snapdragon 7s Gen 4 5G chipset, paired with a 144Hz 1.5K AMOLED display designed to deliver smooth visuals...

EFG Holding reported a solid start to 2026, with group revenues increasing by 18% year-on-year to EGP 6.6 billion, supported by strong performance across all three core business verticals. Net operating profit and net profit before tax both rose by 20% year-on-year to EGP 2.5 billion and EGP 2.3 billion, reflecting resilient operational performance across the group. However, net profit after tax and minority interest declined to EGP 1.0 billion, mainly due to higher taxes and minority interest pressures. Total assets reached EGP 270.2 billion by the end of March 2026, highlighting continued balance sheet expansion. Rising Costs Amid Inflationary Pressures...

EFG Hermes, an EFG Holding company and one of the leading investment banks in the Middle East and North Africa (MENA), announced the successful completion of its advisory role for Saudi Omani Investment Company (SOIC) as Sole Global Coordinator on the first-ever Accelerated Bookbuild (ABB) transaction executed in Oman’s capital markets. The landmark transaction involved the sale of SOIC’s stake in OQ Base Industries (OQBI), Oman’s only integrated producer of methanol, ammonia, and LPG. The offering included the placement of 127,136,289 shares with a total transaction value of approximately USD 92.5 million. First ABB Transaction in Oman’s Capital Markets The transaction...

CODE81, an agile AI-driven digital transformation firm and part of Ghobash Group Enterprise, has announced the release of its new e-book titled The Journey to Autonomous and Agentic Applications. The publication arrives at a time when AI agents and agentic AI are rapidly transitioning from conceptual frameworks into early-stage enterprise deployment across global markets. The e-book aims to guide decision-makers in understanding how autonomous capabilities can be responsibly integrated into core enterprise systems, marking a significant evolution in the design and governance of intelligent applications. Accelerating Shift from Automation to Autonomy The report highlights a structural transformation in enterprise technology architecture,...

Group-IB, a global leader in predictive cybersecurity technologies focused on preventing and investigating digital crime, has signed a Memorandum of Understanding (MoU) with Coventry University Egypt, hosted at The Knowledge Hub Universities in Cairo. The agreement aims to strengthen cybersecurity education and workforce readiness through joint academic and practical initiatives. The collaboration reflects a shared objective to bridge the growing gap between rising demand for cybersecurity professionals and the limited supply of skilled talent across Egypt and the wider region. Addressing the Cybersecurity Skills Gap in a Fast-Growing Market Egypt continues to emerge as one of Africa’s fastest-growing digital economies, accelerating...

Yalla Group Limited (NYSE: YALA), the largest Middle East and North Africa (MENA)-based social networking and gaming platform, announced its unaudited financial results for the first quarter of fiscal year 2026, ending March 31. The company recorded total revenue of AED 290.1 million (USD 79.0 million), reflecting continued stability across its core digital ecosystem. Gaming services remained a key growth driver, generating AED 111.3 million (USD 30.3 million) and contributing 38.3% of total revenue. Net income reached AED 104.3 million (USD 28.4 million), while non-GAAP net income stood at AED 122.3 million (USD 33.3 million), with a strong net margin of...

PlayReplay, an AI-powered intelligent court system for racquet sports, has announced a USD 12 million investment led by Alfvén & Didrikson (A&D), alongside Centre Court Capital, ExM Investment Partners, Charbe Partners, Crimson Sports Capital, and a fund managed by LionTree. The funding marks a significant milestone in the company’s growth strategy, supporting its ambition to scale internationally and expand its presence across key global sports markets. Advanced Technology Transforming Racquet Sports PlayReplay delivers real-time electronic line calling (ELC), advanced coaching tools, and performance analytics designed to elevate the playing experience. The platform enables access to professional-grade technologies previously limited to elite...

BlueFive Capital, a global alternative investment platform, has completed the acquisition of a 49% equity stake in Massar Solutions from Abu Dhabi National Energy Company (TAQA). Solutions+, a UAE-based diversified holding company specializing in business process outsourcing and consulting services, retains a 51% majority stake. The transaction reinforces BlueFive Capital’s long-term strategy to develop an integrated regional mobility platform that brings together transport and leasing solutions under a unified ecosystem designed to enhance operational efficiency and customer value across the Gulf region. Massar Solutions’ Regional Footprint and Growth Strategy Founded in 1981, Massar Solutions is a leading provider of mobility and...

QNB Egypt announced the successful arrangement of a medium-term syndicated loan worth EGP 11.98 billion for Kased Khair for General Supplies and Contracting to support a strategic infrastructure project at East Port Said Port. The bank acted as the Initial Mandated Lead Arranger, Facility Agent, and Bookrunner, leading a consortium of 12 banks participating in one of the largest infrastructure financing transactions in Egypt’s maritime sector. Strategic Investment in Egypt’s Logistics Infrastructure The financing will support the construction and development of new marine berths at East Port Said Port, extending over 6,050 meters with a draft depth of 22 meters. The...

EFG Hermes, an EFG Holding company and a leading investment bank in the Middle East and North Africa, has successfully closed a short-term bond note issuance for Hermes Securities Brokerage. The transaction marks the first issuance under the company’s newly established fourth short-term bond program, with a total size of EGP 10 billion, aimed at diversifying funding sources and supporting operational expansion. Strong investor demand for short-term instruments The bond was issued as a single 12-month tranche and was fully covered by institutional investors and high-net-worth individuals, reflecting strong demand for short-duration fixed-income instruments in the Egyptian market. This issuance highlights...

A new study by Kaspersky highlights a growing awareness of online safety within families, while also revealing significant gaps in the full adoption of digital protection measures. According to the research, 47% of families regularly discuss online safety, yet only 33% ensure that all family devices are secured with cybersecurity solutions. The findings underscore the increasing importance of proactive digital protection at the household level. The Role of “Family Digital Managers” The study notes that in many households, one or two individuals take on the role of “Family Digital Managers,” responsible for managing devices, subscriptions, and cybersecurity practices. Kaspersky’s data shows...

A report released by Microsoft through its Institute for AI Economy shows that Egypt continues to strengthen its position among markets demonstrating steady growth in generative artificial intelligence adoption during the first quarter of 2026. According to the report, 14.8% of Egypt’s working-age population actively used generative AI during Q1 2026, up from 13.4% in the previous period, marking an increase of 1.4 percentage points within a single quarter. AI Adoption Expands Across More Than 100 Markets The report analyzes generative AI usage across more than 100 global markets, based on anonymized operational data from Microsoft. It highlights a broader global...

GB Corp reported its consolidated financial results for Q1 2026, showing strong revenue growth alongside a decline in net profit due to higher financing costs and increased provisions. The company recorded consolidated revenues of EGP 21,570.8 million, up 28.7% year-on-year, supported by solid performance across both the automotive and financial services segments. Profitability Pressure Despite Revenue Expansion Gross profit reached EGP 2,883.5 million, increasing by 4.8%, with a gross margin of 13.4%. Earnings before interest and tax (EBIT) stood at EGP 1,469.2 million, up 1.7% year-on-year. However, net profit after tax and minority interests declined by 30.4% to EGP 435.8 million,...

WINGIE, a leading travel marketplace in the MENA region, has announced a major expansion of its multilingual platform, increasing language support from 19 to 27 languages. This strategic move reinforces the company’s position as a regional technology leader and strengthens its mission to make travel planning more inclusive, accessible, and localized for millions of users across MENA and international markets. The expansion reflects WINGIE’s continued investment in digital transformation and user-centric innovation within the highly competitive online travel sector. Leadership Perspective on Growth Strategy Commenting on the expansion, Orkun Ozkan, Chief Flights Officer of Wingie Enuygun Group, emphasized that the company’s...

CashU, a leading spend management platform in the Middle East and North Africa, has officially launched CashU Corporate Travel, a new integrated solution designed to centralize corporate travel bookings, employee cards, and expense management within a single digital system. The platform enables employees to issue and use corporate cards while simultaneously booking flights and hotels, ensuring that all travel-related expenses are fully consolidated, policy-compliant, and transparently tracked in real time. The service is now available to both existing and new CashU customers. A Unified Approach to Corporate Travel Management The launch comes ahead of the peak holiday and summer travel season,...

Valu, Egypt’s leading universal financial technology platform, announced its financial results for the first quarter ended March 31, 2026, reporting strong growth across profitability, transaction volumes, and customer engagement. The company recorded gross revenues of EGP 1.52 billion during the quarter, marking a 40% year-over-year increase, while net income surged 78% to reach EGP 221 million. Gross merchandise value (GMV) also grew by 31% year-over-year to EGP 6.96 billion. Valu maintained its leading market position with a 26.5% market share as of January 2026, alongside a disciplined Non-Performing Loan (NPL) ratio of 1.24%, reflecting the company’s focus on sustainable and profitable...

Samsung Electronics MENA has officially opened applications for Galaxy Circle, the third edition of its flagship annual creator program aimed at identifying and supporting the region’s most promising young content creators. The program is designed to accelerate creative growth through structured mentorship, increased visibility, and collaborative opportunities, while building a dynamic regional community of digital storytellers. Successful applicants will join a creator network that offers expert-led mentoring sessions, community challenges, broader audience reach, and exclusive rewards tied to Samsung’s ecosystem. A More Ambitious Vision for the Creator Economy This year’s edition of Galaxy Circle reflects a shift in strategy, moving beyond...

Egyptian proptech startup Byit has officially expanded into the United Arab Emirates, alongside the launch of a new suite of artificial intelligence-powered solutions designed to empower real estate brokers and streamline cross-border property transactions with greater efficiency. The expansion follows the company’s recent strategic funding round backed by A15 and بلتون القابضة, along with a group of angel investors, reflecting strong confidence in Byit’s vision to modernize the real estate brokerage sector across the region. Launch of Byit Ventures in the UAE As part of its regional growth strategy, the company has established its new arm, Byit Ventures, in the UAE....