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Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        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        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        National Real Estate Bank for    11.84        Egyptian Chemical Industries (   7.26        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        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 - 2014-06-17 14:39:06
Fawry, Egypt's leading nationwide Electronic Bill Presentment and Payment (EBPP), has signed an agreement today with the country's Ministry of Social Solidarity and the Social Fund for Development (SFD). The deal is directed for the disbursement of social solidarity pensions through Fawry's payment service points across the country. On the sidelines of Fawry's first financial inclusion conference, Yasser Helmy – Director of IT Sector at SFD – said the total value of social solidarity pensions amounts to EGP 500 million to serve around 1.5 million citizens every month. After signing the deal, the pensions shall be disbursed through Fawry's payment service points nationwide in addition to the ATMs and postal offices across the country. More»
Yomna Yasser - 2014-06-17 07:37:31
Egypt's first financial inclusion conference; 'Towards Greater Access to Financial & Government Services in Egypt' has kicked off this morning in Cairo. The one-day conference is organized on Tuesday by Fawry – Egypt's leading nationwide Electronic Bill Presentment and Payment (EBPP) – among strong participation from both local and foreign institutions as well as officials from the Egyptian government, notably Ahmed Darwish – the former minister of administrative development. The conference explores the best ways in which financial and governmental services can be extended to micro enterprises and Egypt's most vulnerable, a process that Fawry believes is integral to facilitating the engagement of the informal sector in the state's system and spreading social justice to all socio-economic classes. It will also present how technology and innovation drive economic growth and social justice. "We at Fawry believe that increased financial inclusion, which extends to Egypt's most needy as well the country's many mirco enterprises, is crucial for the spread of social justice and increasing their integration within the state system." said Ashraf Sabry, CEO of Fawry "The challenge of financial inclusion requires out-of-the-box thinking, and we think that today's conference is an ideal vehicle for promoting and fostering the thinking needed to generate financial inclusion solutions." The conference is being held in partnership with MasterCard and the International Finance Corporation (IFC). Among the distinguished list of international experts are several from fellow developing markets such as Denise Diaz of the Central Bank of Brazil, Carlos Marmolejo from Consar in Mexico, and Abhishek Sinha from EKO in India. More»
Amwal Al Ghad English - 2014-06-17 07:29:05
Apple Inc reached an out-of-court settlement with U.S. states and other complainants in an e-book price-fixing class action lawsuit on Monday, effectively avoiding a trial in which the iPad maker faced more than $800 million in claims. U.S. District Judge in Manhattan Denise Cote ordered the parties to submit a filing to seek approval of their settlement within 30 days. The terms of the settlement, which still needs court approval, have not been revealed. The U.S. Department of Justice sued Apple and five publishers in April 2012, accusing them of working together illegally to increase e-book prices. Since then, 33 states and U.S. territories have separately sued Apple on behalf of their consumers, while individual consumers in other states and territories filed a class action lawsuit. The complainants are seeking up to $840 million in damages for e-book customers. The exact amount of damages was to be litigated at a trial scheduled for July 14. The publishers - Hachette Book Group, HarperCollins Publishers, Penguin Group (USA) Inc, Macmillan and Simon & Schuster Inc, previously agreed to pay more than $166 million to settle related antitrust charges. More»
Amwal Al Ghad English - 2014-06-16 11:09:36
Raya Holding Technology & Telecommunications,S.A.E has contracted with Etisalat Egypt for implementing and new data center for communication worth EGP55 million. Raya added that the project is being implemented, expecting that it will be finalized by the end of the current year. More»
Amwal Al Ghad English - 2014-06-16 08:35:53
Mobinil’s page on Facebook continued to reap advanced position from international organizations operating in the field of social media by receiving a certificate of appreciation from Socialbakers company as one of the top 5 most socially devoted brands in the first quarter of 2014 in Egypt after succeeding to attract 4 million fans & responding to 96% of customers queries in the least possible time.Mobinil acquired this certificate after millions of  fans relied on Mobinil’s Facebook page as the fastest source for 24/7 online customer support, engaging them in entertaining activities and for continuously  updating them with the company’s latest promotions and offers.According to Socialbakers statistics since May 2012,  Mobinil was amongst the most socially devoted brands in Egypt 22 times, 16 of which Mobinil recorded first position.On this occasion Eng. Ashraf Halim, Mobinil’s VP Commercial stated, “We are proud to receive this award from the reputable Socialbakers organization as it indicates how Mobinil is keen on enhancing its customers‘ experience  wherever they are whether directly through our shops, our website or our social media platforms that attract youth a lot “. More»
Amwal Al Ghad English - 2014-06-16 08:10:26
Vodafone (VOD.L) said on Monday it had agreed to buy an Italian provider of electronics services to the car industry for 145 million euros ($197 million) as part of its strategy to start connecting devices such as cars and other machines. The British company said it had agreed to buy Cobra Automotive Technologies, a provider of security, telecommunications and vehicle tracking. Vodafone, like other mobile operators, is looking to expand into the so-called machine-to-machine industry to connect millions of devices, as a new source of revenue. More»
Amwal Al Ghad English - 2014-06-15 09:16:29
IBM Egypt Corporation will be launching today an initiative for hosting 100 Egyptian software companies on its cloud computing network. This initiative will develop new skills for cloud computing and to find the most needed applications and software, the firm is working in more than 200 countries across republic. More»
Amwal Al Ghad English - 2014-06-15 08:25:43
Pictures of what the iPhone 6 would allegedly look like has made its way into the wild, and shows the rumored 5.5-inch variant. Just this April, an image on what's said to be the iPhone 6 made its way online, and is said to be thinner, and include a bulging camera. Now, over on Twitter, reputable Apple leaker Sonny Dickson has posted what he says are pictures of Apple's next iPhone models. In the image, we can clearly see a standard-sized model that's sized at 4.7, and a bigger variant that's 5.5-inches. While fake images are almost always a possibility, Dickson has correctly leaked images of the iPhone 5C that turned out to be the real deal. Before you assume that Dickson has units on hand, he confirmed that the iPhones pictured are dummy phones. Keep in mind that even if Dickson has been right in the past, there's still a very good possibility that the final design could change. If history is any indication, Apple should be revealing the latest iteration of the iPhone very soon for an expected late summer or early fall release window. More»
Amwal Al Ghad English - 2014-06-14 07:33:02
Intel Corp. (INTC)’s stock soared to its highest level in more than a decade, fueled by an improved sales forecast as companies start spending more to upgrade their aging computer systems. The stock today jumped 6.8 percent to close at $29.87, the highest level since February 2004, after the world’s largest semiconductor maker raised its second-quarter revenue projection yesterday after the markets closed. Intel also said annual sales will increase for the first time since 2011, buoyed by improving business demand for personal computers. The higher forecast provides another hint of optimism in the PC industry, where Intel gets most of its revenue, after two straight years of declining global shipments. Even as consumers shun PCs in favor of mobile devices, demand for Intel’s microprocessors is getting a lift as companies replace aging computer systems, said Ian Ing, an analyst at MKM Partners. “In the short to medium term, it looks like the market has stabilized, and business and corporate PCs are driving a lot of strength,” said Ing, who has the equivalent of a hold rating on Intel stock. “It’s really a nice positive for them, even without needing the consumer to come back yet.” More»
Amwal Al Ghad English - 2014-06-12 12:01:08
Intel U.S. chipmaker Intel lost on Thursday its challenge against a record 1.06 billion euro ($1.44 billion) European Union fine handed down five years ago, as Europe's second highest court said regulators did not act too harshly. The European Commission in its 2009 decision said Intel tried to thwart rival Advanced Micro Devices (AMD) by giving rebates to PC makers Dell, Hewlett-Packard Co, NEC and Lenovo for buying most of their computer chips from Intel. The EU competition authority said Intel also paid German retail chain Media Saturn Holding to stock only computers with its chips. Judges at the Luxembourg-based General Court said on Thursday they backed the Commission's decision. "The Commission demonstrated to the requisite legal standard that Intel attempted to conceal the anti-competitive nature of its practices and implemented a long term comprehensive strategy to foreclose AMD from the strategically most important sales channels," the court said in a near 300-page decision. Judges said the EU watchdog had not been heavy-handed with the level of the fine, equal to 4.15 percent of Intel's 2008 turnover, versus a possible maximum of 10 percent. While Commission penalties rarely hit the top figure, the rising level of fines is a source of worry for many companies. More»