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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Orascom Telecom Holding (OT)   3.92        Rakta Paper Manufacturing   4.39        Egyptian Iron & Steel   6.87        Naeem Holding   0.19        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        Northern Upper Egypt Developme   4.93        Egyptian for Tourism Resorts   0.69        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Heliopolis Housing   21.65        United Housing & Development   8.93        Raya Holding For Technology An   4.57        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        National Development Bank   6.72        Six of October Development & I   15.03        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Palm Hills Development Company   1.61        Credit Agricole Egypt   9.04        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        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        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        ARAB POLVARA SPINNING & WEAVIN   2.11        Cairo Poultry   8.32        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        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        Alexandria Spinning & Weaving    0.74        General Company For Land Recla   16.6        Gharbia Islamic Housing Develo   8.41        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 - Tech news

Amwal Al Ghad English - 2016-08-11 08:59:35
Technology companies are about to enter a golden era of mergers and acquisitions, thanks to a key game-changer in the industry, one technology investor told CNBC. "The reason I think we're entering a new era of M&A is that you have very big chip stacks by a group of companies," angel investor Jason Calacanis told CNBC's "Squawk Alley, referencing a recent blog post comparing companies' "stack size" approach to M&A to the escalating stakes in a poker game. "They've gotten used to buying bigger and bigger things, and the bigger things they've bought have actually worked out." Mergers gone awry had once scared relatively cash-strapped companies away from big, risky deals, Calacanis said. But now mega-technology brands like Apple, Google and Facebook are sitting on big cash piles, watching as other large buyouts, like YouTube and Instagram, have proven fruitful. More»
Amwal Al Ghad English - 2016-08-11 09:04:55
Egypt's Orascom Telecom Media and Technology Holding (OTMT) said Thursday its first quarter net profit had dropped to 48.73 million Egyptian pounds ($5.49 million) from 373.85 million in the same period of last year. OTMT, which is owned by Egyptian tycoon Naguib Sawiris, reported a net loss of 3.6 billion Egyptian pounds in 2015 versus a net profit of 263.98 million pounds a year. More»
Amwal Al Ghad English - 2016-08-11 08:54:51
Transport bosses have defended new regulations requiring private hire drivers to pass a test in English, following criticism from Uber. The company said the exam would put drivers out of work. From 1 October, Transport for London (TfL) will require the qualification of licence applicants from countries where English is not the majority language. The new rules will apply to anyone seeking a new licence or a licence renewal. Initial proposals had called for only proficiency in spoken English, but the final draft requires, among other criteria, at least an intermediate language qualification. Besides the spoken portion, the exam also tests reading, writing and listening skills. More»
Amwal Al Ghad English - 2016-08-11 08:49:48
The runaway popularity of "Pokemon Go" has opened up a lucrative market. People who sell gaming accounts online are finding that profiles for the mobile game are selling for thousands of dollars. One listing for "Pokemon Go" on a site called PlayerAuctions is for $999,999. It is for a custom order, so a buyer can tell the seller what they want from an account. The seller will then play the game for them to get the profile up to the requirements requested. On a site called LeagueofTrading, a user managed to sell an account for $2,000, the co-owner of the site told CNBC, who said that Pokemon accounts are going for higher prices than any other game. Listed accounts are completed up to a certain level and sold on - the higher the level, the higher the price. "A $2,000 account is an incredibly large order. We have only ever seen an order of this price once before which was an account for the game League of Legends," James Smith said via email. More»
Amwal Al Ghad English - 2016-08-11 08:27:18
UK-based dealers in illegal drugs earn more money online than any of their European rivals, research suggests, while US dealers had a 36% share worldwide and took home $5m (£3.8m). In January, British dealers made $2.2m (£1.7m), 16% of the online market. Commissioned by the Netherlands government, research company Rand Europe trawled the eight largest drug marketplaces on the dark web. These online sites can be accessed only using a specialised web browser. More»
Amwal Al Ghad English - 2016-08-11 08:19:59
South Korean tech giant Samsung Electronics Co Ltd said on Thursday it will acquire U.S.-based luxury appliances maker Dacor Inc, seeking to boost high-end product sales. Samsung said in a statement it will keep Dacor's brand name and leave its operations unchanged following the acquisition. The company did not disclose financial terms. The Korea Economic Daily said Samsung paid $150 million to buy the California-based company. Researcher Traqline says Samsung was the top home appliances maker in the United States during the second quarter with a 16.7 percent market share, beating out rivals such as LG Electronics Inc and Whirlpool Corp. More»
Amwal Al Ghad English - 2016-08-11 08:10:25
Bill Maris, the chief executive and founder of Alphabet Inc's venture capital arm GV, is leaving the company, Recode reported, citing sources. Maris, who leaves on Friday, will be replaced by GV managing partner David Krane, Recode said. A GV spokeswoman declined to comment on the report. GV, previously known as Google Ventures, was founded in 2009 and has invested in more than 300 companies including Uber Technologies Inc and online retailer Jet.com, according to GV's website. Alphabet's projects have seen some high-profile departures in recent months. Chris Urmson, chief technical officer for its self-driving car project, left last week, while Anthony Levandowski, product manager for the program, left earlier this year to co-found a startup. More»
Amwal Al Ghad English - 2016-08-10 14:53:17
An HSBC and Bank of America Merrill Lynch venture and financial technology firm R3 said separately on Wednesday that they had created ways of using blockchain technology to simplify trade finance processes. The two banks said they had joined with the Infocomm Development Authority of Singapore to emulate a letter of credit (LOC) transaction. Letters of credit are one of the most widely used ways to reduce risk between importers and exporters, helping guarantee more than $2 trillion worth of transactions, but the process creates a large paper trail and is time consuming. Meanwhile, R3 said more than 15 of its consortium member banks have also designed self-executing transaction agreements, known as smart contracts, on R3’s distributed ledger platform to process accounts receivable purchase transactions, known as invoice financing or factoring, and LOC transactions. By putting the transaction on a distributed ledger, the importer and its bank, together with the exporter and its own bank, can see the data in real time. More»
Amwal Al Ghad English - 2016-08-10 14:48:58
Cambodia on Wednesday banned the game Pokemon Go from a former Khmer Rouge torture center and prison after players showed up at the site, now a genocide museum, hunting for the virtual cartoon characters. It is the latest effort to rein in enthusiasts of the game, which has been blamed for a rash of accidents and has prompted safety warnings after players glued to their phones stumbled, were robbed or wandered into dangerous places. "We have guards on standby, any tourists holding iPhones or iPads and playing this game will be asked to leave," Chhay Visoth, director of the Tuol Sleng Genocide Museum, told Reuters. "This is a place of sorrow, not a place to play games." A handful of Cambodian teenagers was turfed out on Wednesday, he said, adding that the game had been banned in the precincts of the memorial to Cambodia's "Killing Fields" genocide. More»
Amwal Al Ghad English - 2016-08-10 14:38:39
As part of its vision in supporting accountants and financial professionals worldwide, the Institute of Management Accountants (IMA) announced Cairo as the first host for the ‘Train the Trainer’ workshop. It is a training program designed and customized to enhance and empower CMA Instructors delivering the CMA Program.  The 3 days’workshop taking place from the  11th – 13th of August,will includecomprehensive introductions  to training and presentation skillsas well as thorough discussions of  different elements of a well-run training program starting from planning, design, delivery, and ending by evaluating and reporting , all of which will equip participants with skills, techniques and state of the art methods used to deliver a high quality training that caters the increased expectations of their trainees.  Before the start of the workshop, each participant is expected to submita 5-minute video presentation which will be used to evaluate and assess their presentation skills, assuring the course caters the development of every trainee. More»