HSBC expects to complete the sale of its retail banking business in Egypt to Emirates NBD by the second half of 2027. This strategic move is anticipated to generate an estimated $300 million gain for HSBC, allowing it to sharpen its focus on corporate and institutional clients in the Egyptian market.
HSBC expects to complete the sale of its retail banking business in Egypt to Emirates NBD by the second half of 2027. This strategic move is anticipated to generate an estimated $300 million gain for HSBC, allowing it to sharpen its focus on corporate and institutional clients in the Egyptian market.
Telecom Egypt (WE) has successfully launched the first mobile site in North Africa using advanced 50G-PON technology. This exciting step boosts the region's digital readiness, paving the way for super-fast communication services and accelerating digital transformation.
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Artificial Intelligence and Data ·Technology·Egypt
Arab startups raised $59 million across 23 deals in July. While overall funding saw a dip due to the absence of mega-rounds, sectors like Artificial Intelligence and FinTech continued to attract significant investor interest, highlighting key areas of growth despite the quieter month.
The Arab Cybersecurity Conference is excited to announce the start of voting for its 2026 Cybersecurity Social Media Influencer Award. This award aims to celebrate and support top Arabic content creators who are helping to spread awareness about digital risks and promote online safety across social media platforms.
Valu and 2B have teamed up to make buying air conditioners and TVs super easy! You can now get these items on a 12-month installment plan with no down payment, no interest, and no extra fees. Just remember, some terms and conditions apply.
ITIDA is hosting a webinar to explore the exciting advancements in Arabic Artificial Intelligence and sovereign language models. The discussion will cover the unique challenges of developing AI for the Arabic language and highlight new commercial opportunities for businesses in this growing field.
Hey there! The Ministry of Education just announced that online applications are now open for STEM schools and the Ain Shams School for Gifted Students. If you're a high-achiever, make sure to apply by August 9th, 2026! Admission tests will follow from August 16th to 20th, 2026.
Great news for Egyptians living abroad! The Ministries of Foreign Affairs and Planning have teamed up to launch a cool new service on the "Sahl" app. Now, you can easily pay your bills and financial commitments online, which is a big step forward for digital services and making sure everyone has access to financial tools.
SAL, a Saudi logistics powerhouse, just wrapped up its full acquisition of Aviapartner Liège SA. This big step really boosts SAL's presence in Europe, giving it a strong foothold in one of the continent's top air cargo centers and pushing forward its global growth strategy.
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