amwalalghad :: Internet News

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Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Pioneers Holding   2.84        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Egyptian for Tourism Resorts   0.69        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Heliopolis Housing   21.65        Raya Holding For Technology An   4.57        United Housing & Development   8.93        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        Egyptian Chemical Industries (   7.26        National Real Estate Bank for    11.84        Six of October Development & I   15.03        National Development Bank   6.72        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Credit Agricole Egypt   9.04        Palm Hills Development Company   1.61        Remco for Touristic Villages C   2.13        Commercial International Bank    29.87        El Ezz Porcelain (Gemma)   1.9        Egyptian Starch & Glucose   5.4        Arab Real Estate Investment (A   0.41        South Valley Cement   3.12        Citadel Capital - Common Share   2.5        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Sharkia National Food   3.78        Egyptian Transport (EGYTRANS)   7.85        El Kahera Housing   4.97        El Shams Housing & Urbanizatio   2.45        Egyptian Kuwaiti Holding   0.7        Cairo Poultry   8.32        ARAB POLVARA SPINNING & WEAVIN   2.11        Egyptian Financial & Industria   8        T M G Holding   4.03        Asek Company for Mining - Asco   10.66        Misr Hotels   27        Egyptian Electrical Cables   0.56        Medinet Nasr Housing   22.51        Mena Touristic & Real Estate I   1.21        ELSWEDY CABLES   18        Prime Holding   0.91        Al Arafa Investment And Consul   0.17        Alexandria Spinning & Weaving    0.74        Gharbia Islamic Housing Develo   8.41        General Company For Land Recla   16.6        Alexandria Cement   8.9        Arab Valves Company   0.94        Sidi Kerir Petrochemicals   12.4        TransOceans Tours   0.09        Egyptian for Developing Buildi   6.43        Egyptian Gulf Bank   1.24        Kafr El Zayat Pesticides   18.19        Faisal Islamic Bank of Egypt -   35.1        National company for maize pro   11.86        Delta Construction & Rebuildin   4.03        Zahraa Maadi Investment & Deve   48.25        Samad Misr -EGYFERT   3.52        Egypt for Poultry   1.41        Cairo Development and Investme   11.7        Cairo Pharmaceuticals   20.1        Maridive & oil services   0.9        Suez Canal Bank   3.75        Nile Pharmaceuticals   15.81        The Arab Dairy Products Co. AR   73.85        National Housing for Professio   14.39        El Ahli Investment and Develop   4.87        Egyptian Saudi Finance Bank   10.79        Ismailia National Food Industr   5.16        National Societe Generale Bank   25.52        Acrow Misr   19.16        Alexandria Mineral Oils Compan   63.63        Paper Middle East (Simo)   5.59        Egypt Aluminum   12.31        Giza General Contracting   13.12        Middle Egypt Flour Mills   5.82        Extracted Oils   0.6        Assiut Islamic Trading   4.56        Engineering Industries (ICON)   3.95        North Cairo Mills   15.3        Arab Pharmaceuticals   11.88        Grand Capital   5.38        El Ahram Co. For Printing And    10.68        Minapharm Pharmaceuticals   25.49        El Arabia Engineering Industri   13.52        El Nasr For Manufacturing Agri   9.71        Naeem portfolio and fund Manag   1.7        Faisal Islamic Bank of Egypt -   6.76        Natural Gas & Mining Project (   68.26        Housing & Development Bank   13.95        East Delta Flour Mills   31.5        Orascom Development Holding (A   3.22        Memphis Pharmaceuticals   11.12        Abou Kir Fertilizers   134.23        Delta Insurance   5        Cairo Investment & Real Estate   12.18        Cairo Oils & Soap   12.98        Egyptian Arabian (cmar) Securi   0.36        Egyptian Real Estate Group Bea   15.56        Alexandria Containers and good   85.51        Upper Egypt Flour Mills   45.78        Development & Engineering Cons   9.94        Sinai Cement   15.18        Medical Union Pharmaceuticals   28.01        Torah Cement   24.2        Alexandria New Medical Center   46.55        Export Development Bank of Egy   5.04        Egyptian Company for Mobile Se   92.02        Middle & West Delta Flour Mill   32.7        El Kahera El Watania Investmen   4.18        Mansourah Poultry   12.41        Delta Sugar   11.04        Misr Beni Suef Cement   41.21        Egyptian Satellites (NileSat)   6.14        Cairo Educational Services   17.75        Lecico Egypt   7.55        Sharm Dreams Co. for Tourism I   5.3        General Silos & Storage   10.77        Al Moasher for Programming and   0.66        UTOPIA   5.28        Arab Ceramics (Aracemco)   25.4        Barbary Investment Group ( BIG   0.98        


Investment - Internet News

Hesham Ibrahim - 2013-10-20 10:33:40
Mahmoud El Garf, Chairman of the Industrial Development Authority (IDA), has revealed that the Industry and Trade Ministry is planning to offer 30 million feddan in Fayoum within the coming period in order to attract investments worth EGP 16 billion and to establish more than 300 large Factories, in addition residential logistical and stores regions. El Garf has pointed out that the governorate has allocated an area in favor of IDA and it currently being end the approvals for connecting water and electricity . El Garf has emphasized to Amwal Al Ghad that the Ministry is about to finalize new law for regulating the industrial lands to be presented on the Cabinet , headed by Dr. Hazem Al-Bablawi, the Prime Minister by the end of this month. ElGarf added that the new law will contribute in resolving the financial crises and to provide facilities in the industrial region including Egypt within the last period. More»
Amwal Al Ghad English - 2013-10-19 13:31:18
On Saturday Egypt's Administrative Court postponed a lawsuit demanding Google be blocked in Egypt for keeping the controversial anti-Islam film "Innocence of Islam" available via YouTube, which Google owns. The trial is scheduled to reconvene on 2 November. The lawsuit was filed by two NGOs, the Egyptian Association for Legal Development and the Ufuk Association for Development, accusing Google of violating an agreement in risking the safety of the public by sharing the "offensive film." The two NGOs have demanded that the film be removed from YouTube. They have also requested that Google make a public apology to the Muslim world and pay compensation to "all Muslims" worth LE 2 billion for the damage the film has caused Following the YouTube circulation of the US-made film ridiculing the Prophet Mohammed, Egyptian lawyer Mohamed Salem filed a lawsuit to block YouTube in Egypt until all anti-Islamic content is removed from the video-sharing website. More»
Amwal Al Ghad English - 2013-10-19 08:00:44
The S&P 500 closed at a record high for the second straight day on Friday to cap its biggest weekly gain in three months as stronger-than-expected earnings from Google, Morgan Stanley and others overshadowed worry that earnings growth was faltering. The reassuring signals on profitability augmented investors' relief over the resolution earlier in the week of the budget impasse in Washington that had threatened to trigger a potentially catastrophic default on the U.S. debt. The S&P 500 closed up 0.7 percent, while the Nasdaq rose 1.3 percent to finish at its highest since 2000. It was the largest daily gain for the Nasdaq in a week. Google Inc (GOOG.O) grabbed most of the spotlight, with its shares gaining 13.8 percent to clear the $1,000 mark for the first time, ending the session at $1011.41. Its rise came a day after the search engine company posted results that beat forecasts and helped lead the S&P technology sector to outperform all other sectors with a 1.8 percent rise. More»
Amwal Al Ghad English - 2013-10-18 08:50:25
Google Inc's quarterly results beat Wall Street's expectations as the Internet search giant expanded its mobile and overseas businesses while keeping ad-rate declines in check, sending its shares to a record high. The market reaction put Google's stock within striking distance of $1,000, following what analysts said was a strong, but not spectacular quarter. Shares of the world's No.1 Internet search engine jumped 8 percent to $959.65 in after-hours trading on Thursday, after it reported a 23 percent rise in revenue from its Internet business, excluding fees paid to partners, of $10.8 billion in the third quarter. "Expectations going into earnings were a little muted," said Needham & Co analyst Kerry Rice. "They did what they needed to do to impress investors." Google's business, like rivals Facebook Inc and Yahoo Inc, has come under pressure as more consumers access its online services on mobile devices such as smartphones and tablets, where advertising rates are lower than on PCs. The average cost-per-click - the price that marketers pay Google when consumers click on their ads - decreased 8 percent during the third quarter, deepening the 6 percent price erosion that Google experienced in the second quarter. More»
Amwal Al Ghad English - 2013-10-17 07:52:30
Twitter Inc has hired an advertising executive from Google Inc to head its retail division, as the online messaging company ramps up hiring and works to expand its business ahead of an initial public offering, Bloomberg reported on Wednesday. J.J. Hirschle, who directed media and entertainment advertising at Google, will be responsible for the team selling advertising products to retail companies, the agency said, citing Will Stickney, a spokesman for Twitter. (link.reuters.com/jyn83v) Hirschle is to start on October 28, the same day Twitter is expected to kick off its investor roadshow where it will pitch its offering to Wall Street before shares start trading in mid-November. Since Twitter was spun out of a struggling San Francisco startup in 2006, it has grown to about 2,300 employees as of September. Twitter could not immediately be reached for comment by Reuters outside of regular U.S. business hours. More»
Amwal Al Ghad English - 2013-10-14 08:29:25
Among Twitter Inc's highest-paid executives, Christopher Fry's name stands out. The senior vice president of engineering raked in $10.3 million last year, just behind Twitter Chief Executive Dick Costolo's $11.5 million, according to Twitter's IPO documents. That is more than the paychecks of executives such as Chief Technology Officer Adam Messinger, Chief Financial Officer Mike Gupta and Chief Operating Officer Ali Rowghani. Welcome to Silicon Valley, where a shortage of top engineering talent amid an explosion of venture capital-backed start-ups is inflating paychecks. "The number of A-players in Silicon Valley hasn't grown," said Iain Grant, a recruiter at Riviera Partners, which specializes in placing engineers at venture-capital backed start-ups. "But the demand for them has gone through the roof." Stories abound about the lengths to which employers will go to attract engineering talent - in addition to the free cafeterias, laundry services and shuttle buses that the Googles and Facebooks of the world are already famous for. More»
Amwal Al Ghad English - 2013-10-08 08:18:22
When a Brazilian state prosecutor last year set out to silence anonymous Twitter messages that were revealing the location of drunk-driving checkpoints, he served the social media company's just-opened Sao Paolo office with a lawsuit. Sharing sightings of police checkpoints does not violate any rules set by Twitter Inc, which has far fewer restrictions on content than social media rivals such as Facebook Inc. Nor would such Tweets be a crime in the United States. Twitter has traditionally resisted efforts to obtain the identity of users whose words might be regarded as a crime. But in Brazil, Twitter quickly handed over the Internet protocol addresses of three accounts as a demonstration of its "good faith, respect and will to cooperate with the Brazilian judicial power," the company's lawyers said in a legal filing last October. Even that wasn't enough: the lawsuit, which demands that the company bar any such accounts in the future, is ongoing. More»
Amwal Al Ghad English - 2013-10-05 09:16:14
Twitter Inc.’s initial public offering documents suggested a valuation of $12.8 billion for the microblogging service, underscoring the seven-year rise of a still unprofitable company that has helped revolutionize how people share information.In the most anticipated technology offering since Facebook Inc. (FB), San Francisco-based Twitter made public its S-1 prospectus yesterday and said it’s seeking to raise $1 billion. Twitter pegged the fair value of its common stock at $20.62 a share in August. There are 620 million shares outstanding, according to people familiar with its financials, who asked not to be named because the number was not included in the filing. The prospectus removes the veil of secrecy that surrounded Twitter’s financials since the company said on Sept. 12 that it had filed confidentially for an IPO. It shows how the microblogging service, founded in 2006, has evolved from a simple site for 140-character updates to a booming online-advertising business that generated revenue of $253.6 million in the first six months of this year. More»
Amwal Al Ghad English - 2013-10-01 09:58:18
AT&T Inc plans to start speeding up its Internet service in Austin, Texas, in December, to defend itself against a planned ultra high-speed Internet and television service to be launched by Google Inc in the same city next year. Texas' capital city, with a population of 840,000, has a reputation as a high-tech industry hub. After Google said in April that it would bring a service of 1 gigabit-per-second to Austin users, AT&T followed with a promise to match the offer if it obtained the same regulatory terms granted to Google by local authorities. AT&T said on Tuesday that it would start by offering a 300 megabits-per-second service in December, and that by mid-2014 the speed would increase to up to 1 gigabit per second. It said this would allow users to download an entire high-definition movie in less than 2 minutes. The AT&T service promised for December is almost seven times faster than AT&T's fastest existing home broadband offering. More»
Amwal Al Ghad English - 2013-10-01 09:55:27
Amazon.com Inc said it expects to hire more than 70,000 full-time seasonal employees across its order fulfillment centers in the United States, a 40 percent increase from last year. Amazon, which has about 88,400 employees, said it has converted more than 7,000 temporary employees in the United States into full-time employees so far this year. "We're looking forward to converting thousands more after this holiday season," said Dave Clark, Amazon's vice president of worldwide operations and customer service. Retailers typically hire seasonal employees in the weeks leading up to the holiday shopping season to work in stores and help in distribution and fulfilling online orders. Amazon said its seasonal employees are eligible for health care benefits. Amazon, the world's largest online retailer, is spending billions of dollars on expansion, which has taken a toll on its earnings. It unveiled two new high-definition tablets last week with a unique on-screen helpdesk feature it hopes will give it an advantage over devices from rivals Apple Inc and Google Inc. More»