Business - Tech

World Bank urges developing economies to prioritize AI adoption over innovation

The World Bank (WB) has urged developing countries to prioritize adopting ready-made artificial intelligence (AI) tools instead of developing new AI systems, describing the first option as cost-effective way to improve businesses, public services and workforce productivity.

CBE, African central banks association launch digitial portal to boost African financial stability

The Central Bank of Egypt (CBE) has launched a digital portal for the African Financial Stability Committee (AFSC), in cooperation with Association of African Central Banks (AACB) to enhance financial systems across African central banks, according to a CBE statement on Monday.

OpenAI says rogue AI agent attack hit other companies

ChatGPT maker OpenAI has revealed that an autonomous AI agent that hacked a popular platform for computer programmers also attempted to breach four other companies during the incident.

Analysis| Al‑Qaida and the Islamic State group are both adopting AI, but differ in how they think about the technology

Artificial intelligence may not create a new kind of terrorism, but it makes existing tactics cheaper, faster and easier. That is the central argument of a July 2026 report from the US-based think tank Center for Strategic and International Studies.

Bank of Ghana seeks Egyptian expertise in AI, digital transformation, cybersecurity

The Central Bank of Egypt (CBE) hosted two separate delegations from the Bank of Ghana seeking to benefit from Egypt's expertise in digital transformation, artificial intelligence (AI), data governance, and cybersecurity, according to a CBE statement on Monday.

Egypt's outsourcing exports hit $5.2 billion in 2025: Minister

Egypt's outsourcing exports reached approximately $5.2 billion in 2025, with the government targeting $8 billion by 2028, Minister of Communications and Information Technology Raafat Hindi said on Tuesday.

Supply ministry, Telecom Egypt discuss unified card, subsidy reforms

Egypt's supply ministry is considering a series of digital projects with Telecom Egypt to modernize subsidy programmes, expand electronic payments, and improve government services.

China's Kimi K3 rattles US AI industry

Kimi K3, a new artificial intelligence program from a Chinese startup called Moonshot AI, stunned the US tech industry on Friday, setting off fresh discussion over the China-US rivalry to dominate AI.

UK opens probe into TikTok's child safety measures

Britain's communications regulator on Thursday launched an investigation into whether social media platform TikTok is doing enough under UK law to protect children from harmful content.

TikTok expands AI transparency tools as generative AI reshapes digital economy

TikTok announced on Monday that it is rolling out new artificial intelligence (AI) transparency tools and educational resources across the Middle East and North Africa (MENA), as digital platforms race to strengthen trust in AI-generated content amid the rapid expansion of the creator economy and AI-powered advertising.

EU to consider gradual social media access for children

Children should have "phased and gradual access" to social media, EU chief Ursula von der Leyen said Monday, as experts recommended under 13s only use online platforms under supervision.

EU tells Meta to change Facebook, Instagram's 'addictive design'

Meta must change Facebook's and Instagram's "addictive design" or face a heavy fine, the EU warned on Friday.

Vodafone Egypt, Banque Misr partner to expand digital payments and financial inclusion

Vodafone Egypt and Banque Misr have signed a strategic partnership to roll out Vodafone Cash e-wallet services through the state-owned lender, in a move aimed at expanding digital financial services, strengthening Egypt's digital payments ecosystem and advancing financial inclusion.

Egyptian SMEs step up digital adoption despite economic pressures: Mastercard survey

Digital payments, omnichannel sales, and workforce development are emerging as key growth priorities for Egyptian small and medium-sized enterprises (SMEs), even as inflation and currency pressures continue to weigh on business confidence, according to the latest Mastercard SME Confidence Index.

Apple loses challenge against EU digital competition rules

Apple lost its bid to escape digital competition rules after an EU court on Wednesday rejected the US giant's challenge.

Egypt launches 'Child SIM' services to enhance online safety for children

Egypt's Ministry of Communications and Information Technology has officially launched two mobile internet safety services, marketed as the Child SIM, designed to protect children from harmful online content and provide parents with greater control over their children's internet use.

Mastercard launches Africa cybersecurity Center

Mastercard has launched the Africa Cybersecurity Center of Excellence to improve the cyber resilience and issue safeguard measures for Africa’s digital economy, according to a company statement on Monday.

WhatsApp messenger to begin offering usernames

The hundreds of millions who use Meta-owned messenger WhatsApp to chat with family, friends or businesses will no longer need to share phone numbers under a coming update, the company said Monday.

TikTok launches AI-powered marketing tools for businesses across MENA

TikTok has introduced a new suite of advertising and creative tools powered by artificial intelligence (AI) for businesses across the Middle East and North Africa (MENA), as the platform seeks to expand its offerings for brands looking to automate content creation, identify creators, and improve campaign performance.

Egypt EETC, Heca Data ink MoU for new data centre

The Egyptian Electricity Transmission Company (EETC) has inked a memorandum of understanding (MoU) with Egyptian firm Heca Data to study and determine electrical supply requirements for a new data centre project, the Ministry of Electricity and Renewable Energy stated on Thursday.

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