Egypt Technology Newswire

Egypt: Mansourah Poultry buys poultry farm for $629,693

Arab Finance: Mansourah Poultry (MPCO) has signed a contract to purchase a poultry farm in the East Nubaria area for EGP 31.40 million, according to a bourse disclosure issued on May 20th. The project covers an area of 52,474 square meters in the Nubaria …

AfDB to back Egypt’s upcoming sustainable Samurai Bonds issue with $400mln PCG

Arab Finance: The African Development Bank (AfDB) is planning to provide a partial credit guarantee (PCG) worth $400 million, or its equivalent in Japanese yen, to support Egypt's upcoming issuance of sustainable Samurai bonds, Abdourahmane Diaw, the …

Egyptian Tax Authority denies plans for additional hikes in tax rates

Arab Finance: The Egyptian Tax Authority (ETA) confirms no intentions to raise tax rates or revoke existing exemptions on essential food commodities, according to a statement by Ministry of Finance. The authority is keen on maintaining the current tax …

GROHE campaign highlights ‘felt but unseen’ tech that meets daily needs

German manufacturer GROHE has revealed details about its Heart of Your Bathroom campaign, through which the brand aims to increase top-of-mind awareness, promote product trust and reliability, and position GROHE as the standard in German-engineered …

Egypt: EGX closes Tuesday’s session with collective gains

Arab Finance: The Egyptian Exchange (EGX) showed a positive performance on Tuesday, with the EGX30 index rising by 0.87% to 31,629.34 points. Likewise, the Sharia-compliant index, EGX33 Shariah index, increased by 0.67% to 3,243.04 points. Both EGX70 and …

Kasrawy, Jetour to establish $123mln factory to assemble Jetour models in Egypt

Arab Finance: Automakers Kasrawy Group and Jetour inked an agreement to develop a new factory to locally assemble the Jetour T1 and T2 models, with an investment of $123 million, according to a statement. Prime Minister Mostafa Madbouly stated that the …

Egypt: El-Khatib explores plans for German industrial zone in SCZONE

Arab Finance: Minister of Investment and Foreign Trade Hassan El-Khatib and German Minister for Economic Affairs and Energy Katherina Reiche agreed to support efforts to establish a German industrial zone in the Suez Canal Economic Zone (SCZONE), according …

Madbouly inaugurates SE Wiring Systems Egypt’s factory in 10th of Ramadan City

Arab Finance: Prime Minister Moustafa Madbouly has inaugurated SE Wiring Systems Egypt’s factory, one of the largest wiring harness manufacturing plants globally, according to a statement. SE Wiring Systems Egypt is a subsidiary of Sumitomo Electric Wiring …

Beyti secures $36mln sustainable facility from HSBC Bank Egypt

Arab Finance: Beyti, an Almarai subsidiary, penned a new facility agreement with HSBC Bank Egypt to secure a sustainable linked loan agreement worth EGP 1.8 billion, according to a press release. Chris Abboud, General Manager of Beyti, and Todd Wilcox, CEO …

African e-commerce super app MaxAB-Wasoko acquires Egypt’s Fatura

MaxAB-Wasoko, Africa’s leading retail e-commerce and supply chain super app, has announced the acquisition of Fatura, an Egypt-based B2B e-marketplace, as it bids to consolidate the B2B commerce and fintech landscape across the continent. Formed last year …

AIR WEAPONS: Israel Improves Counter Drone Technology

May 21, 2025: An Israeli firm has developed a counter-drone system to defend ports and ships in or near ports. The EnforceAir2 system has two components, a 464mm radome for locating hostile drones and a 12.8 kg Software Defined Radio transmitter that sends …

Jameel Motors and GAC to Sign MOU to Launch KD Vehicle Assembly Operations in Egypt together with a Local Assembler and ...

Jameel Motors, a leading provider of mobility solutions and partner of choice to top automotive brands, and GAC, one of China’s largest automakers that is globally recognized for safety, quality, innovation, and sustainability, have signed a Memorandum of …

PM inaugurates SE Wiring Systems Egypt factory in 10th of Ramadan City

Prime Minister Mostafa Madbouly took part in the inauguration of SE Wiring Systems Egypt’s latest manufacturing facility in 10th of Ramadan City on Tuesday. The company is a subsidiary of Sumitomo Electric Wiring Systems (Europe), operating under the …

Egypt’s Sylndr Secures $15.7M Series A for Expansion

Used-car marketplace Sylndr has raised $15.7 million in a Series A equity round to expand its nationwide operations and deepen its automotive services in Egypt. The round was led by Development Partners International (DPI) Venture Capital via the Nclude …

Egyptian used car platform Sylndr raises $15.7m

Senior Chinese official calls for strengthened cooperation with Egypt

CAIRO, May 20 (Xinhua) -- Senior Chinese official Li Shulei has called for strengthened cooperation with Egypt in culture, tourism, media, publishing, think tanks, urging efforts to make China-Egypt cooperation a model of exchange and mutual learning …

Sylndr raises $15.7m to digitise Egypt’s used-car sector

Egyptian automotive e-commerce startup Sylndr has secured $15.7 million in Series A funding to expand its tech-driven platform that aims to simplify how used cars are bought, sold, financed, and serviced across Egypt. Founded in 2021 by Omar El Defrawy and …

Egypt, China Deepen Strategic Partnership in High-Level Talks

Tue 20 May 2025 | 08:12 PM On Tuesday, Egypt's Prime Minister Mostafa Madbouly received Li Shulei, Member of the Political Bureau and Secretary of the Secretariat of the Communist Party of China (CPC), in Cairo, alongside a senior Chinese delegation. …

The European Union, Finland, Japan, Sweden, and the United States Partner with Egypt’s ICT Ministry to Advance Trusted ...

Tue 20 May 2025 | 03:14 PM  In a unified effort to support Egypt’s digital transformation, the Embassies of Finland, Japan, Sweden, the United States, and the Delegation of the European Union in Egypt hosted the Egypt 5G Forum in Cairo, to bring together …

Project 100 Expands to East Bay: San Jose-Based Marketing Agency Broadens Local Reach with New Satellite Offices

Project 100 Expands to the East Bay—Blending Local Expertise, Continued Learning, and Community-Focused Growth. SAN JOSE, CA, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- Project 100, a leading digital marketing agency known for its …

Metal Majic Launches to Provide Auto Hail Damage Repairs in Texas

DALLAS, TX, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- As severe hailstorms continue to impact communities across Texas, newly launched auto repair provider Metal Majic is offering specialized hail damage repair services to help vehicle …

CV Match Launches: Screen 200 Resumes in Minutes With AI-Powered Fit Scoring and AI Detection

New AI-powered tool screens hundreds of resumes instantly with smart matching, bullet-point summaries, and AI content detection — no ATS required. LOS ANGELES, CA, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- q32, llc Launches: CV Match : …

'Draw Me As' Launches to Instantly Turn Selfies Into AI Art – No Signup, No Subscriptions

New web app offers instant AI-generated illustrations from photos in dozens of styles — private, fast, and pay-as-you-go. LOS ANGELES, CA, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- A new web app, Draw Me As, is now live at https://drawme.io, …

Plus 1 App Launches on iOS and Android, Bringing Real-World Connections to Life — Featured at Miami Swim Fashion Show

Tired of swiping? Plus 1 flips the script—putting plans first so you can find a real connection for anything from networking to dating. MIAMI , FL, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- Plus 1, a Miami-based social connection app, is …

Secro – the Trade Workflow Digitalization Platform - Raises Oversubscribed Series A

Secro Delivers AI-Enabled, Global Trade Finance Infrastructure across $20 Trillion Trade Market CHARLESTON, SC, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- Secro, the foundational, AI-enabled platform for global trade finance replacing …

DiaGen Ai Inc. Announces JV with Contango Labs to Launch its First Decentralized Drug Discovery Miner on Bittensor $TAO

DiaGen Ai Inc., Announces Partnership with Contango Labs and Provides Update and Upsizing of its Seed Unit Financing VANCOUVER, BC, CANADA, May 23, 2025 /⁨EINPresswire.com⁩/ -- DiaGen Ai Inc., Announces Partnership with Contango Labs Launching its …

PACE Anti-Piracy Extends iLok License Delivery App for Shopify to Include Rent-to-Own Licensing

PACE’s iLok Shopify App now supports Rent-to-Own licenses, giving users affordable access and publishers new ways to sell software securely. SILICON VALLEY, CA, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- PACE Anti-Piracy, Inc., an …

Tom Sawyer Software Releases Major Update to Tom Sawyer Explorations

Enhancing Flexibility and Clarity in Graph Analysis BERKELEY, CA, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- Tom Sawyer Software, the leader in graph and data visualization technology, today announced a new release of Tom Sawyer …

Mobile Handset Protection Market Set to Reach USD 25.3B by 2035 as Users Prioritize Security and Coverage

Mobile handset protection market grows steadily as consumers seek enhanced security, repair coverage, and extended warranties for their devices. NEWARK, DE, UNITED STATES, May 24, 2025 /⁨EINPresswire.com⁩/ -- The mobile handset protection market …

Elimu Informatics Launches RapidFireApps™ to Accelerate Innovation for Healthcare Startups

New service fast-tracks the launch of clinician and patient apps by combining FHIR expertise, pre-built components, and seamless EHR integration. EL CERRITO, CA, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- Elimu Informatics is proud to …

Garden Hills Elementary Unveils State-of-the-Art SmartLab With Grant from Campos Foundation

New Technology-Integrated Learning Space Aims to Transform Student Engagement and Prepare Future Innovators ATLANTA, GA, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- Garden Hills Elementary School marked a significant milestone with the official …

SFA Applauds White House's Golden Dome Initiative as a Critical Step Toward Comprehensive National Defense

Space Force Association Applauds White House's Golden Dome Initiative as a Critical Step Toward Comprehensive National Defense COLORADO SPRINGS, CO, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- The Space Force Association (SFA) commends …

SXTC-DYADICA Global Consulting and FEAR-NONE Gear Unleash Fully AI-Driven Network-Quality Commercial-Movie For Brands.

SXTC-DYADICA Global Consulting and FEAR-NONE Gear Unleash the World Leading Fully AI-Driven Network-Quality Commercial-Movie—Redefining Brand Storytelling LONDON, GREATER LONDON, UNITED KINGDOM, May 23, 2025 /⁨EINPresswire.com⁩/ -- In a historic …

Spotter Global announces Remote Drone ID (RDID™), its much-anticipated drone security solution, is now shipping.

Detecting and tracking drone threats isn’t enough. The RDID also provides the drone pilot location so security teams mitigate the threat quickly and legally. OREM, UT, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- The rate of drone-related …

Global Data Systems Appoints Doug Pickle as President, Driving Strategic Growth

LAFAYETTE, LA, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- Global Data Systems (GDS), a leading managed service provider delivering enterprise-class technology solutions, today announced the promotion of Doug Pickle to President. In this …

Global Mobile Chipset Market Set to Skyrocket to USD 137.02 Billion by 2035 Amid Surge in 5G, AI, and IoT Adoption

The mobile chipset market is expanding rapidly, driven by 5G adoption, AI integration, and increasing demand for high-performance mobile devices. NEWARK, DE, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- The mobile chipset market is …

Jeffersonville, IN Tackles Aging Infrastructure and Data Gaps with OpenGov

JEFFERSONVILLE, IN, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- After struggling with unreliable mapping and manual tracking methods, Jeffersonville, IN officials sought a modern solution to manage their public infrastructure more …

CloudQix Opens Platform to Security Community in Inaugural Security Hackathon

Ahead of their public launch, CloudQix opened its no-code software integration platform to the cybersecurity community with an inaugural Security Hackathon. BEL AIR, MD, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- From May 17–19, participants …

mxHERO Unleashes the Power of AI with Mail2Cloud Advanced for Business Email Intelligence

Transforming business email into a structured, secure, and AI-ready data source optimized for GPT, MCP, REST APIs, and agentic automation at enterprise scale. SAN FRANCISCO, CA, UNITED STATES, May 23, 2025 /⁨EINPresswire.com⁩/ -- mxHERO Inc., a …