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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        Universal For Paper and Packag   4.94        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        Egyptian for Tourism Resorts   0.69        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        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        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        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Egyptian Transport (EGYTRANS)   7.85        Sharkia National Food   3.78        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        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 - Tech news

Amwal Al Ghad English - 2016-04-03 07:17:54
The Federal Bureau of Investigation has assured law enforcement across the United States that it will help unlock mobile devices such as iPhones involved in investigations when it is allowed by law and policy. The FBI said in a letter to local authorities that it understands the challenges they face and that they lack necessary tools to monitor and investigate the communications of suspects who use encrypted mobile devices, according to the correspondence obtained by Reuters on Friday. "As has been our longstanding policy, the FBI will of course consider any tool that might be helpful to our partners," the FBI said. "Please know that we will continue to do everything we can to help you consistent with our legal and policy constraints." The letter came five days after the U.S. Justice Department announced that it had dropped its legal case against Apple Inc and that it had successfully unlocked an iPhone used by Syed Farook, who went on a shooting rampage in San Bernardino, California, in December, when he and his wife killed 14 people and wounded 22. More»
Amwal Al Ghad English - 2016-04-02 14:43:14
The company, formed by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976, turned 40 on Friday. Investors celebrated by sending its shares up 0.9% to $109.99, the stock’s highest close since Dec. 16, 2015. It has been an up-and-down four decades for the company, with Apple struggling through an identity crisis in the late 1980s then surging to the world’s most valuable company after introducing the iPhone in the late 2000s. As it enters middle age, Apple is once again suffering an identity crisis as it struggles to innovate beyond mobile phones and finds itself in an increasingly competitive marketplace. The company is at risk for its first ever year-over-year decline in iPhone sales in the current fiscal quarter. But the stock has held on to its dominating value. While shares are down 11.5% from 12 months ago, underperforming the 0.6% increase of the Dow Jones Industrial Average, Apple’s valuation of $604.3 billion ranks it above Alphabet Inc., valued at $519 billion, and Microsoft Corp. at $437 billion. More»
Amwal Al Ghad English - 2016-04-02 14:19:40
U.S. hospitals should brace for a surge in "ransomware" attacks by cyber criminals who infect and shut down computer networks, then demand payment in return for unlocking them, a non-profit healthcare group warned on Friday. The Health Information Trust Alliance conducted a study of some 30 mid-sized U.S. hospitals late last year and found that 52 percent of them were infected with malicious software, HITRUST Chief Executive Daniel Nutkis told Reuters. The most common type of malware was ransomware, Nutkis said, which was present in 35 percent of the hospitals included in the study of network traffic conducted by security software maker Trend Micro Inc (4704.T). Ransomware is malicious software that locks up data in computers and leaves messages demanding payment to recover the data. Last month, Hollywood Presbyterian Hospital in Los Angeles paid a ransom of $17,000 to regain access to its systems. More»
Amwal Al Ghad English - 2016-04-02 13:52:18
Huawei announced Friday its financial results for 2015. In a full detailed report included that its Carrier, Enterprise, and Consumer Business Groups (BGs) all achieved strong year-on-year growth. The three BGs generated CNY 395 billion (US$60.8 billion) in annual revenue worldwide, an increase of 37 percent YoY. Net profit was CNY 36.9 billion (US$5.7 billion), up 33 percent YoY. In 2015, Huawei's three business segments experienced significant growth: The Carrier BG generated CNY 232.3 billion (US$35.8 billion) in annual revenue, up 21 percent YoY. Widespread rollout of 4G networks accounted for a large portion of this growth. The Enterprise BG generated CNY 27.6 billion (US$4.3 billion) in annual revenue, an increase of 44 percent YoY. In particular, Huawei's enterprise business experienced rapid growth in the public safety, finance, transportation, and energy sectors. More»
Amwal Al Ghad English - 2016-04-02 13:37:32
The World Bank's January 2016 Global Economic Prospects reported that Sub-Saharan Africa's real Gross Domestic Product (GDP) grew at its lowest rate since 2009 in 2015 with a growth of a 3.4 percent. This was down from the 4.6 percent and 4.9 percent growth that was reported in 2014 and 2013 respectively. Hennie Heymans, Managing Director of DHL Express Sub-Saharan Africa, says that the company firmly believes that the African continent is still one of the last frontiers for growth.  The region will continue to grow as it has over the past decade due to the vast number of unexploited opportunities available for local and foreign investors. "The drop in GDP growth for the region over the past year shouldn't deter investors. Africa will continue to thrive, albeit, at a slightly slower pace as previously experienced. Similar to the global environment - which reported growth of 2.4 percent in 2015 (down 0.2 percent year on year) - it was a tough year economically for Africa. Compounded by a drop in the demand for the continent's commodities resulting in falling prices, declining currencies, political instability and El Nino causing widespread drought, have all contributed to the region's challenges. However, despite this, the region remains abound with untapped prospects and offers growth opportunities in 2016 for those willing to seek them out," says Heymans. More»
Amwal Al Ghad English - 2016-04-02 13:03:53
Egyptian Prime Minister Sherif Ismail reviewed earlier last week the government’s plan before the parliament with special focus on a plan for the country’s telecommunications sector that aims at ‘converting Egypt into a global digital community’. The network infrastructure of such a project that will provide high-speed internet services is expected to cost about 10 billion Egyptian pounds ($1.1 billion) in the next three years, the prime minister estimated. In 2018, the telecommunications industry is expected to grow to $4.5 billion. This will help create more than 120,000 direct and 350,000 indirect job opportunities driven by a development plan that is based on improving information technology services the government provides, Ismail added. Ismail added that improving government services is represented in providing developed post offices; whose number reaches 412 approximately, that introduces 60 percent of governmental transactions. More»
Amwal Al Ghad English - 2016-04-02 10:24:33
The foldable smartphone that Samsung's been working on for the last few years could become a reality soon. According to Korean news site ETNews, Samsung will apparently start mass producing the "smartlet" this year (as we call it) for a 2017 release. What the heck is a smartlet? It's a smartphone with a folding screen that can turn into a tablet when you unfold it. In a call with investors in January, director of Samsung's Display division Lee Chang-hoon said "Development of Foldable OLED is taking place according to our plan...We are planning on mass-production and release this product by discussing with out partners." Now, it looks like Chang-hoon is specifically referring to a foldable display here rather than a foldable smartphone, which doesn't confirm that Samsung is working on a foldable smartphone. Only that it's working on a foldable display. More»
Amwal Al Ghad English - 2016-04-02 09:04:10
The Palestinian group Hamas lashed out at Twitter on Friday, after the social media giant allegedly closed a number of its accounts. The party's military wing, the Ezzedine Al-Qassam Brigades, said its English and Arabic-language accounts had been closed for the third time in two weeks. One of the closed accounts had more than 140,000 followers, it said in a statement. Hamas is designated a terrorist organisation by the European Union and many Western nations. Al-Qassam accused Twitter of showing a "clear bias to the Israeli occupation where it should (adopt a) neutral position toward both sides." More»
Amwal Al Ghad English - 2016-04-02 08:52:28
Egypt is 12th in the world in investing in e-commerce, and by 2020 its e-commerce market will have almost doubled its 2014 figure to reach $2.7 billion, according to the State of Payments report produced by the payments agency Payfort. “There is a lot of e-commerce potential in Egypt,” said Nahd Azab, an assistant professor of business at the American University in Cairo, adding that a “wave of entrepreneurship” is sweeping the Internet. Over 50 per cent of Egypt’s population now has access to the Internet, ranking the country 14th in Internet use globally. Its young people are heavy users of the Web in the Middle East and North Africa region. According to eMarketer, a market research agency, 70 per cent of Egyptians aged 15 to 35 spend more than three hours every day online. When it comes to Egyptian online shoppers, 50 per cent are aged between 26 and 35. “The percentage of Internet users who have shopped online has increased from 1.4 per cent to 8.7 per cent since the 2011 Revolution,” Azab said. Young people are not only buying on the Web. They are also profiting by creating innovative online opportunities, something that is more necessary than ever since, according to the US magazine Forbes, Egypt has the fifth-highest unemployment rate in the world. More»
Amwal Al Ghad English - 2016-04-02 08:26:28
Google has removed an April Fool's Gmail button, which sent a comical animation to recipients, after reports of people getting into trouble at work. The button appeared beside Gmail's normal send button and allowed users to shut down an email thread by sending a gif of a Minion dropping a microphone. However, a flurry of complaints about the button appeared on Google's forums. The firm has since withdrawn the feature and apologised. "It looks like we pranked ourselves this year," Google said in a statement. "Due to a bug, the MicDrop feature inadvertently caused more headaches than laughs. We're truly sorry." A mic drop is a popular meme in which someone makes a conclusive statement or rebuttal before dropping a microphone and walking off. More»