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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        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        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        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        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        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 - 2014-04-08 10:26:38
The Egyptian Company for Mobile Services Mobinil (EMOB)-(CA), said it received a copy of the draft of the unified licence from National Telecommunication Regulatory Authority (NTRA), in order to ensure providing distinct services for its subscribers. The telecom operator said it is currently studying thoroughly the relevant terms and conditions, in order to ensure distinguished service for subscribers and safeguard shareholder rights. The company’s unaudited financial results for FY13 had shown that net loss widened 97.7% to EGP 457.653 million, compared with EGP 231.017 million net losses in FY12. The Information and Communication Technology Ministry announced that Telecom Egypt (ETAL-CA) has prohibited providing mobile phone services without Frequencies in the framework of the unified licence against EGP2.5 billion. More»
Amwal al Ghad English - 2014-04-08 09:56:31
Electronics giant Samsung has estimated a year-on-year decline in profits for the forst financial quarter of 2014 due to a slowdown in the smartphone market. The company estimated a 4.3% decline in operating profit for the quarter ending in March to 8.4tn won ($7.9bn, £4.8bn, €5.8bn). Analysts polled by Thomson Reuters expect an operating profit of 8.5tn won for the quarter. That would be the South Korean company's second consecutive quarter of profit decline, after reporting a 6% decline in operating profit in the previous quarter. Samsung expects first-quarter sales at 53tn won, compared with a market forecast of 54.58tn won. It is expected to announce full quarterly results on 25 April. More»
Amwal Al Ghad English - 2014-04-08 07:46:23
Samsung Electronics Co Ltd on Tuesday said it is on track to post its second straight quarter of profit decline, as slowing smartphone sales growth continued to weigh on earnings. The South Korean tech giant estimated that its January-March operating profit fell by 4.3 percent to 8.4 trillion won ($7.96 billion), slightly below an average forecast of 8.5 trillion won by 40 analysts polled by Thomson Reuters I/B/E/S. The world's biggest smartphone maker is counting on the fifth version of its flagship Galaxy S smartphone, which goes on sale globally from Friday, to right the ship and prove the firm's staying power as a mobile innovator. But the Galaxy S5 has already got off to a weak start at home, with its South Korean debut marred by a temporary ban on mobile carriers selling handsets and criticism that it lacks eye-catching new features. Underscoring the challenges, Samsung priced the S5 about 10 percent cheaper than the S4 even though main rival Apple Inc is not widely expected to update its line-up until September. It also dialed back on marketing glitz to keep margins stable. More»
Amwal Al Ghad English - 2014-04-06 10:16:01
Orascom Telecom Media and Technology Holding S.A.E. (OTMT) announced on Sunday that it received an extension to the management contract of the Lebanese mobile telecommunications operator Alfa for a period of three additional months from April 1 till June 30, 2014. The company further said in a statement to the Egyptian Exchange, despite the extension’s short duration, it is committed to playing a positive role in developing Lebanon’s mobile phone sector. OTMT and in cooperation with Lebanon’s Ministry of Telecommunications will pursue Alfa’s growth policy it has followed since 2009, which is a strategic sector for the economic progress in Lebanon. More»
Nayera Eid - 2014-04-06 08:44:20
Information Technology Industry Development Agency (ITIDA) is negotiating with a numbers of international financial institutions in order to support and finance its future projects. ITIDA reached the final phases of negotiations with several institutions including International Finance Corporation (IFC) , World Bank and European Investment Bank (EIB) for financing Agency, Ehab Mostafa, Executive VP for developing information technology markets and attract direct foreign investments at ITIDA revealed. Mostafa quoted Amwal Al Ghad Arabic’s Website that ITIDA negotiates with these institutions to develop the industry within the upcoming phase, noting that the institutions enhance the role of information technology in developing the society and create job opportunities. ITIDA restored to obtain financing the institutions due to its desire in verifying the finance sources especially in the light of the expansion of financing the firms operating in industry, Mostafa noted. Moreover, he asserted that the volume of information technology industry reached around US$1.5billion in 2013, stressing that ITIDA eyes boosting the volume of industry to 100% within 3 years to become US$3 billion. More»
Amwal Al Ghad English - 2014-04-03 16:43:08
Turkey's telecoms authority lifted a two-week-old ban on Twitter on Thursday after the constitutional court ruled the block breached freedom of expression, an official in Prime Minister Tayyip Erdogan's office said. Access to Twitter was blocked on March 21 in the run-up to local elections last Sunday to stem a stream of leaked wiretapped recordings of senior officials that had appeared on the site, prompting Prime Minister Tayyip Erdogan to say he would "root out" the network. Turkey's Official Gazette on Thursday morning published the Constitutional Court's ruling from Wednesday, further piling pressure on the telecoms authorities to lift the ban, which had faced widespread international condemnation. "The ban has been lifted" the official from Erdogan's office told Reuters by telephone minutes after TIB removed court orders blocking the site from its webpage. Google's video-sharing website YouTube remains offline in Turkey, the TIB having blocked it one week after blocking Twitter. Legal challenges against the YouTube ban are pending. Following the court's decision, President Abdullah Gul, who has opposed the bans, was quoted as saying both websites should be made available in Turkey once more. San Francisco-based Twitter said in a tweet that it welcomed the ruling. Within minutes of the ban being lifted, the micro-blogging site was flooded with messages, with one user saying "Welcome back to Twitter, Turkey." Other users inside the country complained that they were still unable to access the site. WORK-AROUNDS The lifting of the ban means that the TIB will instruct Turkey's internet providers to unblock access to the site, a process likely to take several hours. Erdogan's critics saw the ban as the latest in a series of authoritarian measures to crush a corruption scandal that had grown into one of the biggest challenges of his 11-year rule. Tech-savvy Turks quickly found workarounds, with Internet analysts reporting a surge in tweets since the ban was imposed, but the issue has become a tug-of-war between Erdogan's administration and the microblogging site. The U.S. State Department had responded to the court ruling by urging Ankara to respect the decision and end the blockage. Erdogan has repeatedly dismissed the leaked tapes - which point to wrongdoing by officials and members of his inner circle - as fabrication, and part of a political plot against him. His Islamist-rooted AK Party emerged far ahead of rival parties in municipal elections on Sunday that had become a referendum on his rule. More»
Nayera Eid - 2014-04-03 15:24:14
Information Technology Industry Development Agency (ITIDA) is aiming to launch its program for supporting small and micro enterprises (SMEs) products worth EGP20 million within days. Hossam Osman Vice Chairman of ITIDA said the program will start within days, noting that it will hold meetings with the representatives of civil society to launch the initiative. More»
Nayera Eid - 2014-04-03 15:01:25
Telecom Egypt (TE)(ETAL-CA) said it is prepared and eager to launch its integrated operator licence service in order to fulfill the needs of its customers who want to use a single package of integrated operator services, Al-Nawawi asserted. The new licence will allow TE to retrieve its local and regional leadership in the telecommunications, the Managing Director and Chairman Mohamed Al Nawawi added. The company has been asked to pay EGP2.5 billion ($360 million) for the integrated licence. More»
Amwal al Ghad English - 2014-04-03 14:52:16
 An official source in the Media department of Etisalat Egypt announced that the company received a copy of the broad lines for the unified licence from the National Telecommunication Regulatory Authority (NTRA). The source noted that the company is precautious on the terms of the licence in the copy received by Etisalat which the Information and Communication Technology Ministry announced in a press conference.The source added that the firm is currently doing an in-depth study to all the conditions and specifics of the unified licence and will response with the statistics and figures showing the situation in the market. All options are open to the firm to ensure its right and the rights of its shareholders, the source added. More»
Nayera Eid - 2014-04-03 14:28:14
The Technology Innovative and Entrepreneurship Center (TIEC) will be included to one of Information Technology Industry Development Agency (ITIDA)’s affiliates. ITIDA has approved initially to include the Center to one of its subsidiaries as TIEC is one of the mainly factors for developing information technology, Hussein El-Geretly CEO of ITIDA said. The including of technological zones will come in conjunction of the approval on allocating new areas in five governorates to launch new zones, El-Geretly noted. The Board of Directors of ITIDA agreed to change the r strategy governing of Cairo Contact Park Centers in Maadi, and depending on the expansion of industry size, stressing that the area will not limit on exporting outsourcing services only. Moreover, he said ITIDA is reconsidering the market globally to meet with the market’s needs. More»