The alliance of Al Safy Group and El Nasr Automotive Manufacturing Company has named Yehia A. Halim as CEO of SN Automotive (Safy Nasr Automotive), tasked with steering the company through final preparations to launch a diverse range of modern car models. These vehicles will cater to the Egyptian market with competitive pricing while maintaining global standards of quality and specifications. A. Halim brings over 30 years of automotive industry experience, having held leadership roles at major global car manufacturers in Egypt and the Gulf, including Toyota, the Bavarian Auto Group (BMW), Nissan, Renault, and Audi in Egypt, as well…
Author: nour mohamed
Kaspersky has detected a new trend with attackers distributing phishing emails to individual and corporate users with attachments in SVG (Scalable Vector Graphics) files – a format commonly used for storing images. Opening these files leads a user to phishing pages mimicking Google and Microsoft services aiming to steal login credentials. There was an almost six-fold increase in phishing via SVG files in March 2025 compared to February, and over 4,000 of these emails have been detected globally since the beginning of the year. SVG is a format for describing two-dimensional vector graphics using XML, a markup language that provides…
According to the findings from a recent Kaspersky survey, among respondents from Egypt, more than half (53%) of children aged 11-17 years old hide their online activities from their parents and other grown-ups. To do this, 23% of youngsters set passwords on all their devices, while 23% clear the browsing history after each access to the Internet so that other family members couldn’t check what they were doing online. And 17% prefer going online when their parents are not around. Among those who tend to keep their online activities a secret, a significant number (57%) of teenagers don’t want their…
Samsung Electronics unveiled its refreshed “AI Home” vision and innovative appliance lineup at its global launch event, Welcome to Bespoke AI, in Seoul, Korea. With a focus on providing a more secure and intuitive user experience, the company introduced an AI Home experience, showcasing advanced AI features and a wider range of screen-enabled appliances. Jeong Seung Moon, EVP and Head of the R&D Team for Digital Appliances Business at Samsung Electronics, opened the global press conference by introducing the company’s vision for creating an AI Home that harmoniously connects various devices and, as a result, caters to user needs in…
Huawei Egypt has announced the appointment of Benjamin Hou as its new Chief Executive Officer. This strategic move aligns with the company’s ambitious vision to strengthen its market leadership in Egypt by accelerating digital transformation, advancing ICT development, and nurturing local talent to build a sustainable digital economy. Benjamin Hou brings extensive experience to the role, having previously served as President of the Northern Africa Carrier Business Group. With over 20 years at Huawei, he has held several leadership positions across pre-sales, marketing, solution sales, and service support. His diverse expertise positions him well to lead Huawei’s digital transformation initiatives…
One of the most important sessions of Egypt’s first Cloud and AI Day, hosted by Nutanix and Dell Technologies, featured a panel of technology leaders and experts in digital transformation and artificial intelligence discussing the role of AI in reshaping global economies, including opportunities and challenges. The debates were moderated by media celebrity Osama Kamal, who emphasized the importance of implementing national AI plans that protect Egyptian social identity and economic interests at both the governmental and private sectors. Eng. Mahmoud Badawy, Advisor to the Minister of Communications and Information Technology for Digital Transformation; Eng. Ayman El Gohary, a digital…
Hosting the research and development centers of global technology and telecommunications companies is one of the most crucial pathways for the state to localize technology and transfer knowledge to the Egyptian market in the coming years. It aims to build a business environment that fosters the sector’s development at all levels by innovating local technologies that generate added value in terms of hard currency revenues and build research capabilities that transform education strategies, innovate new goods and services, and also boost investment in research and development and manufacturing. The state is focusing on this direction by working to provide the…
Malak El Baba, Visa’s General Manager for Egypt, won the Women in Payments Inspiration Award for Europe, Middle East, and Africa (EMEA) region, recognizing her inspiring impact and prominent role in the payments and financial services sector. El Baba won the award after competing with 17 other prominent female leaders from across the region. The award highlighted her successful career and the role she represents as a model of female leadership capable of bringing about real change in the workplace and driving women’s empowerment.
During a special celebration marking Microsoft’s 50th anniversary, Ibtihal Abu Al-Saad, a Moroccan engineer and member of the company’s Artificial Intelligence (AI) platform team, took a bold stand against the company’s involvement in the use of artificial intelligence for military purposes. Abu Al-Saad specifically criticized her colleague, Mustafa Suleyman, CEO of AI at Microsoft, for his role in a controversial partnership with the Israeli military. Abu Al-Saad spoke out about Microsoft’s contribution to military operations in Gaza, raising concerns about the ethical implications of the company’s technology being used for surveillance and targeting during the ongoing conflict. She stated that…
As part of the holy month of Ramadan celebrations, Huawei organized a special Sohour event to celebrate the launch of its new HUAWEI nova 13 Series. The event was held in a festive atmosphere in Abdeen Palace, with the participation of of local media and prominent figures from the community. The event also showcased Huawei’s latest technological achievements and the HUAWEI nova 13 series. As a smartphone that caters to both style-conscious individuals and tech enthusiasts, the nova 13 Series offers a compelling combination of aesthetic appeal and advanced features. James Qianq, CEO, Huawei Egypt Consumer Business Group, said, “In…
HSBC today announced the launch of an innovative cash concentration solution to support corporate clients in navigating the Middle East’s digital revolution. The HSBC Seven-Day Cash Concentration Solution allows the bank’s corporate clients to automate in-country liquidity management every day of the week, including weekends and country holidays. The solution is the first of its kind in the Middle East financial services industry. The UAE and Egypt will become HSBC’s first markets to introduce the new solution, before expansion to further markets in the Group’s global network later this year, including in the Middle East. The development further underscores HSBC’s…
Al Ahli Bank of Kuwait – Egypt (ABK-Egypt announced the signing of a long-term strategic partnership agreement with Visa, a global leader in payment technology and digital solutions, with the objective of at offering the latest digital payment technologies to meet customer needs, introduce innovative products and services for different segments, and. and enhance its digital payment solutions with advanced and competitive features and benefits. This partnership involves the launch of a range of new products and services that meet the diverse needs of various customer segments in alignment with Egypt’s strategy to achieve full digital transformation and promote electronic…
Alienware is going all in, unveiling a lineup of six new gaming monitors and launching its highly anticipated Alienware 27 4K QD-OLED Monitor, a CES 2025 Innovation Award Honoree. It’s a big moment with new additions that span the entire portfolio, helping Alienware reach more gamers than ever before. Clearly, we have a lot to cover today, so let’s take a moment to topline the key takeaways: Alienware is strengthening its QD-OLED offensive with three new additions to the family, expanding our lineup to five different QD-OLED models. Alienware is revamping the fan-favorite Alienware 34 Ultra-Wide QD-OLED Monitor, marking the…
The Executive Board of the International Monetary Fund (IMF) completed on Monday the fourth review of Egypt’s economic reform program supported by the EFF arrangement, the Fund announced in a statement on Tuesday. This enables the authorities to immediately draw about $1.2 billion. In addition, the IMF Executive Board approved the authorities’ request for an arrangement under the Resilience and Sustainability Facility (RSF), with access of about $1.3 billion. The Executive Board also concluded the 2025 Article IV consultation with Egypt.
Elon Musk’s social media platform X has experience a massive cyber attack, Misk’s confirmed in a post on the platform. This confirmation comes after the huge outage hit the Musk’s platform in the UK and the US for about 30 minutes on Monday. According to Musk’s post: “There was (still is) a massive cyberattack against 𝕏. We get attacked every day, but this was done with a lot of resources. Either a large, coordinated group and/or a country is involved”. X resumed this morning its normal operations after experiencing significant outages, as reported by the online outage tracker Downdetector. The…
Banknbox, a leading provider of digital services and payment technology, proudly announces the renewal of its PCI DSS (Payment Card Industry Data Security Standard) certification for the second consecutive year, achieving the highest Version 4 standard. Additionally, the company has successfully obtained the PCI PIN certification, reinforcing its commitment to the highest security and compliance standards. This achievement reflects banknbox Egypt’s dedication to implementing robust security measures across its infrastructure, ensuring a safe and secure digital payments ecosystem. Strategic Partnership with TechLine for Security Excellence Banknbox successfully navigated the certification process in collaboration with TechLine, leveraging its expertise in IT…
Samsung achieved a 28.3% market share in the global TV market in 2024, maintaining the number one ranking it has held since 2006, according to market research firm Omdia. This continued success is driven by the company’s commitment to premium and ultra-large screen innovation, as well as the introduction of cutting-edge, AI-powered TVs. “Samsung’s 19-year reign as the global TV market leader has been made possible by the trust and support of our customers,” said Hun Lee, Executive Vice President of Visual Display Business at Samsung Electronics. “We will continue to shape the future of the TV industry with innovations…
BME, a leading and fully integrated gaming and esports solutions provider, has unveiled a series of strategic partnerships aimed at reinforcing Egypt’s position as a global hub for gaming innovation and esports excellence. Key collaborations include agreements with Red Bull, Egypt’s Ministries of Education and Technical Education, and Youth and Sports, alongside ongoing partnerships with international powerhouses Riot Games Inc., a premier video game developer and esports organizer, and Tencent Holdings Ltd., a global leader in multimedia and gaming. The landmark three-year partnership with Red Bull is set to launch in 2025. This agreement positions Red Bull as one of…
Fawry Egypt’s leading fintech company, has announced strategic investments worth EGP 80 million in three prominent Egyptian technology companies, which are Dirac Systems, Virtual CFO, and Code Zone, acquiring equity stakes of 51.0%, 56.6%, and 51.0%, respectively. These investments align with Fawry’s growth strategy by expanding its ecosystem of business solutions “Fawry Business”. Through these strategic investments, Fawry continues to position itself as a leader in Egypt’s technology and fintech sector, offering a more robust suite of digital services to businesses while contributing to the growth and evolution of the country’s tech landscape. Dirac Systems, A leader in Enterprise Resource…
Damen ePayment is proud to announce that its innovative mobile payment application, Damen Cash, has been awarded the prestigious title of Best New Mobile Payment Application – Egypt 2024 at The Global Economics Awards. This recognition comes just one year after its launch, highlighting Damen Cash’s rapid impact on the digital payment landscape in Egypt. The Global Economics Awards team praised Damen Cash, stating, “Your commitment to advancing the mobile payment industry in Egypt is truly inspiring. We are thrilled to recognize Damen Cash for its exceptional contribution to financial inclusion and digital transformation.” Launched on February 19, 2024, Damen…