In a landmark achievement for Egypt’s automotive sector, XPENG Egypt and its exclusive distributor, Raya Auto, have been awarded the prestigious New Star Market performance award at the XPENG Global Partner Conference 2025, held during the Shanghai International Auto Show. This award celebrates the brand’s rapid success and Raya Auto’s exceptional performance in introducing smart, sustainable mobility in the region. This recognition comes just months after XPENG’s mid-2024 debut in Egypt and directly reflects Raya Auto’s exceptional efforts in introducing and establishing XPENG as a pioneering force in the country’s smart mobility landscape. Raya Auto is Egypt’s first dedicated importer…
Author: nour mohamed
NI Capital, the investment arm of the National Investment Bank, announced the launch of a new issuance of its existing fund “Sahmy” under the name “Sahmy 70.” This marks the first issuance in the Egyptian market aimed at replicating the performance of the EGX70 Index. The index includes 70 of the most liquid and active companies listed on the Egyptian Exchange, making it a key indicator of activity within this vital segment of the economy. Subscription to the new issuance “Sahmy 70” will be open starting Tuesday, May 27, 2025. “Sahmy 70” offers high liquidity through daily subscription and redemption,…
Group-IB, a leading creator of cybersecurity technologies to investigate, prevent, and fight digital crime, has announced its expansion into Egypt, a strategic move aimed to meet the country’s rising demand for cutting-edge cyber defense solutions and support the growing needs of the broader Middle East and Africa region. Operating in collaboration with its trusted local distributor, Group-IB will work closely with enterprises, government bodies, and critical infrastructure providers in Egypt, delivering tailored cybersecurity services, investigations, and digital risk protection. This step reflects the company’s commitment to supporting local cybersecurity resilience and playing an active role in the region’s cyber defense.…
HP a global technology leader, is strengthening its presence in Egypt with a growing local team and a clear focus on supporting digital transformation and workforce development in line with Egypt Vision 2030. HP announces the opening of its office in Cairo and plans to expand its local presence, especially by expanding its teams over the coming three years. The company is scaling its operations to meet the country’s rising demand for technology that enables business agility, talent development, and increasingly inclusive economic growth. A channel partners event in Cairo this week brings together 250 local and international stakeholders to…
B.TECH, the leading, most distinguished and rapidly expanding omnichannel retailer of consumer electronics and home appliances, announced a strategic partnership with WE, the largest telecommunications operator in Egypt. This partnership aims to offer a range of exclusive offers and services to WE customers through B.TECH’s widespread network of stores across the country. Under this partnership, collaboration will take place through the WE Bonus loyalty program, enabling fixed-line internet and mobile customers to redeem their points at all B.TECH stores. This step is intended to strengthen the integration between digital services and retail. Additionally, other exclusive benefits will be provided to…
OPPO, the world’s leading smart device brand, has officially launched its latest foldable smartphone, OPPO Find N5, in the Egyptian market for the first time. The grand unveiling took place during an exclusive event held at the historic Citadel of Salah El-Din, offering a scene that perfectly reflected the innovation and elegance that define OPPO brand. The launch of the OPPO Find N5 in Egypt marks the beginning of a new chapter in the world of smartphones, as OPPO places tomorrow’s technology in users’ hands today, delivering a truly transformative user experience. The OPPO Find N5 features an ultra-slim design,…
Mercury Communications has announced the fourth edition of the Cyber and Information Security Exhibition and Conference (CAISEC’25) the most comprehensive and influential cybersecurity event in Egypt and the region. The conference will take place on May 25–26, 2025, at the Royal Maxim Palace Kempinski Hotel in Cairo, under the esteemed patronage of His Excellency Dr. Mostafa Madbouly the Prime Minister of the Arab Republic of Egypt and with the support of Dr. Amr Talaat, Minister of Communications and Information Technology, alongside nine other key ministries, regional organizations, and leading technology and cybersecurity companies from the worldwide. Held under the slogan…
Exabeam, a global leader in intelligence and automation that powers security operations, is participating in Cyber & Information Security Exhibition & Conference (CAISEC) Egypt, to support increased cyber resilience for local organizations through AI-driven security operations. The event, taking place on 25th-26th May, is one of the largest cybersecurity events in Egypt. As a Silver Sponsor, Exabeam will share expert insight during the event during dedicated sessions to help Egyptian security teams overcome modern cyberthreats with faster, more accurate threat detection, investigation, and response (TDIR). By attending CAISEC Egypt, Exabeam aims to address the need for robust cybersecurity solutions in…
The National Bank of Egypt and Mastercard have signed a tri-party agreement with Mwasalat Misr Group to revolutionize Egypt’s public transport experience. The agreement aims to digitize ticketing payments for Mwasalat Misr Group mass transit fleet – empowering commuters to seamlessly book and pay for their journeys via payment cards. Mohamed Eletreby, Chief Executive Officer of the National Bank of Egypt stated that this collaboration reflects the National Bank of Egypt’s unwavering commitment to accelerating digital transformation within crucial service sectors, notably mass transit. He emphasized that by automating fare payments for Mwasalat Misr fleet through digital platforms and point…
The Egyptian government has adopted a strategic initiative to enhance the business environment for startups in Egypt. For the first time, the General Authority for Investment and Free Zones (GAFI) has announced a decision to host service-sector startups focused on exports within free zones. These startups will now be able to operate under the free zone regime, enjoying simplified procedures and full exemptions from customs duties and taxes. This step is expected to strengthen startups’ operational and financial paths and significantly improve their success rates in scaling and entering international markets. According to the Authority, around 9,000 square meters have…
AL Ahly Momken, a leading company in electronic payment solutions and financial technology in Egypt, has announced the signing of a strategic cooperation agreement with «Post Distribution CO-PDC», a subsidiary of the National Postal Authority, specialized in establishing, operating, and managing branches under the franchise model. This collaboration aims to establish and operate a new network of branches to provide integrated financial and digital solutions, supporting the state’s efforts to achieve financial inclusion and digital transformation, and contributing to the delivery of high-quality financial services to citizens and businesses across various governorates. The agreement was signed by Mr. Ahmed Enayet,…
Egyptian Swiss Group for Pasta, Milling, and Concentrates took part in the international GrainCom2025 conference held in Geneva, Switzerland, from May 13 to 15. The event is considered one of the world’s largest gatherings for the grain and oilseeds sector, attracting a wide range of multinational companies, shipping and inspection bodies, and global commodity exchanges. Ahmed El-Sebai, Managing Director of Egyptian Swiss Group, confirmed that the company’s participation was within the panel discussions representing the Egyptian market. The sessions shed light on Egypt’s wheat market and the recent changes in import mechanisms, as well as the government entities responsible for…
Beltone continues building on exceptional 2024 results with record-breaking quarterly revenues and net profits, while the total lending portfolio crosses EGP30 billion Cairo, 14 May 2025: Beltone Holding (BTFH.CA) announced its financial results for 1Q2025. Beltone has delivered yet another set of outstanding results, reinforcing its position as a leader in the industry. Building on the momentum of last year’s remarkable success, the company leveraged its data-driven approach and proven growth strategies to achieve exceptional results in the first quarter of 2025. In 1Q2025, Beltone recorded robust consolidated operating revenues of EGP2.8 billion, marking a 2.2x year-on-year surge. Net profit…
The Software Engineering Competence Center (SECC), an affiliate of the Information Technology Industry Development Agency (ITIDA), is set to host the third edition of Software Testing Day on May 19 at the Digital Egypt Innovation Hub (Creativa) in Giza. Held under the theme “Software Testing Evolution: Innovating with AI and DevOps”, the event will spotlight the latest global trends in software quality assurance. The agenda includes keynote speeches and panel discussions featuring leading industry experts, as well as live demonstrations of cutting-edge software testing tools and solutions. The event also offers a valuable networking platform for professionals, practitioners, and technology…
Global health and wellness brand DXN, headquartered in Malaysia, has set its sights on Egypt as a strategic launchpad for regional expansion into Africa and Europe. With operations spanning more than 180 countries and a loyal global customer base, DXN is now preparing for a major push into the Egyptian market. In this exclusive interview during his first visit to Cairo, Mr. Jijith N. K, DXN’s International Marketing Director, shares insights into the company’s distinctive business model, its science-backed products, and why Egypt is key to the brand’s next growth phase. “We Create Loyal Consumers Before Seeking Customers” “Unlike most…
Infineon, Global semiconductor leader, has officially announced its entry into the Egyptian market, introducing its latest innovative products and solutions. This move underscores the company’s commitment to driving digital transformation and reducing carbon emissions worldwide while reinforcing Egypt’s position as a regional hub for advanced technologies in this vital sector. Coinciding with its market entry, Infineon held its first conference in Egypt, titled “Future Secured Electronic Government Documents and Digital Transformation in Egypt,” in collaboration with “Sidhom,” its official partner and distributor for the Middle East and Africa. The event drew significant attendance from key companies, experts, and specialists in…
In a strategic move that marks the beginning of a new era in Egypt’s smart mobility sector, Zed’s has officially launched its digital platform offering innovative urban transportation solutions across major Egyptian cities. This initiative comes at a crucial time amid rising energy costs, inflation, and continuous population growth. Zed’s introduces a locally developed model that caters to the needs of Egyptian families by offering safe, efficient mobility while also empowering drivers and creating sustainable economic opportunities. Ashraf Manour, Founder and Chairman of Zed’s, stated: “With the Egyptian delivery services market expected to surpass $256 million by the end of…
Active Media Consultancy proudly announces the launch of the new season of Green Light Podcast this May, under the official sponsorship of the Ministry of Environment of the Arab Republic of Egypt. This strategic partnership underscores the government’s continued commitment to advancing media initiatives that promote environmental sustainability and inclusive development. The sponsorship reflects the support of H.E. Dr. Yasmine Fouad, Minister of Environment, for purposeful media platforms that raise public awareness of sustainable development. It is part of the Ministry’s broader efforts to engage the media as a strategic partner in driving environmental action and supporting the implementation of…
In line with its strategic vision to accelerate digital transformation, Orange Egypt has proudly launched “Orange Business Talks” a dynamic knowledge-sharing platform designed to spark dialogue amongst technology experts, thought leaders, and digital transformation pioneers in the Egyptian market. “Orange Business Talks” offers a dedicated space for exchanging insights on emerging technologies, addressing key challenges, and exploring practical solutions in fields such as cloud computing, cybersecurity, artificial intelligence, and data analytics strategies. The initiative aims to educate Orange Egypt’s ecosystem—partners, clients, and stakeholders—on cutting-edge technologies and their real-world applications across industries. The platform was officially kicked off during the FDC…
Zoho Corp., a leading global technology company, today launched a number of advanced AI-powered features in its low-code app development platform, Zoho Creator, as part of its ongoing efforts to make AI accessible to MENA businesses. Newly-launched CoCreator is an AI assistant within Zoho Creator which enable faster, simpler, and smarter app creation. Powered by Zia, Zoho’s AI assistant, CoCreator reduces time-to-market and empowers existing users of all skill levels to build applications—without needing additional subscriptions or add-ons. This expansion reflects Zoho’s ongoing commitment to building AI capabilities that deliver real-time, practical, and secure value to business users. The platform’s…