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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 - Tech news

Amwal Al Ghad English - 2015-03-01 08:52:21
Google Inc submitted plans on Friday for a vastly expanded headquarters at the Silicon Valley city where the tech giant is based, presenting a bucolic vision of movable structures to be built under curving and translucent canopies. The submission of the plan to the City Council in Mountain View, California, which the company chose for its headquarters 15 years ago, marks the first step in what city officials describe as a long review process. The new headquarters would give the Internet company the room for an additional 10,000 employees, compared to the 20,000 Google staffers that currently work in the city, a Google spokeswoman said. Google's blueprint for new headquarters in the city's North Bayshore district has gathered widespread attention because the design is seen as architecturally innovative. In the San Francisco Bay Area, the plan also is closely watched due to concerns the technology industry's high salaries are pushing housing prices beyond levels affordable to most families. More»
Nayera Eid - 2015-02-28 14:54:57
Etisalat Egypt, the Egyptian arm of UAE’s telecom group Etisalat, registered revenues worth around EGP 10 billion (US$1.3 billion) by the end of 2014, marking a 2.6 % growth opposed to a year earlier. The business results of Etisalat Egypt also showed that the firm witnessed growth rates compared to an earlier year backed by the increase in using internet through mobiles and the rise in number of subscribers using internet through smart phones. Moreover, Etisalat Egypt has recently reached an agreement with Abu Dhabi Islamic Bank (ADIB) and HSBC to get loan worth US$120 million (US$ 60 million from each bank) to be repaid in 3 years. The current ownership structure of Etisalat Egypt is; Etisalat U.A.E. with a share of 80% and the Egyptian National Post Authority with a 20% share. More»
Amwal Al Ghad English - 2015-02-28 08:47:23
Google Inc submitted plans on Friday for a vastly expanded headquarters at the Silicon Valley city where the tech giant is based, presenting a bucolic vision of movable structures to be built under curving and translucent canopies. The submission of the plan to the City Council in Mountain View, California, which the company chose for its headquarters 15 years ago, marks the first step in what city officials describe as a long review process. The new headquarters would give the Internet company the room for an additional 10,000 employees, compared to the 20,000 Google staffers that currently work in the city, a Google spokeswoman said. Google's blueprint for new headquarters in the city's North Bayshore district has gathered widespread attention because the design is seen as architecturally innovative. In the San Francisco Bay Area, the plan also is closely watched due to concerns the technology industry's high salaries are pushing housing prices beyond levels affordable to most families. "Today we’re submitting a plan to redevelop four sites - places where we already have offices but hope to significantly increase our square footage - to the Mountain View City Council," David Radcliffe, Google's vice president of real estate, said in a company blog post. The design by architect Bjarke Ingels of the firm Bjarke Ingels Group and Thomas Heatherwick of architecture and design company Heatherwick Studio calls for block-like structures that Google says could be moved around to create space for teams to pursue different projects. It would add about 2.5 million square feet of space to the existing campus. Vast, clear canopies over the buildings would allow light to filter into the futuristic campus. There would be places for trees, grass and bicycle paths, all of it nestled into different parts of the campus. "They're very ambitious," Mountain View City Councilman Ken Rosenberg said of the blueprints. "They're taking what we know about building design and significantly advancing the concept." The proposal by Google, which is the city's leading source of property taxes, would contribute to more local prosperity but also increased traffic, he said. Rosenberg said he views the company's proposal within the plan to build 100 units of affordable housing as an acknowledgment to housing market problems. The city could demand more housing units in the North Bayshore area, he said. In 2013, Cupertino approved Apple Inc's plan for a spaceship-like campus, which is under construction. More»
Nayera Eid - 2015-02-26 12:41:08
Safran SA, a market leader in security solutions, will send next March a delegation headed by the vice chairman to take part in Egypt’s Economic Summit. The summit will take place on March 13-15, 2015, with the theme of “Egypt the Future”. According to Walid Fouad – General Manager at Morpho Egypt which is one of subsidiaries of Safran Group, the French group seeks to participate in Egypt’s summit, with the aim of strengthening cooperation with the Egyptian government in various fields. Safran S.A. is a French multinational aircraft and rocket-engine, aerospace-component, and security company. It was formed by a merger between the aircraft and rocket engine manufacturer and aerospace component manufacturer group SNECMA and the security company SAGEM in 2005. Its headquarters are located in Paris. More»
Sara Zaki - 2015-02-26 09:37:19
InBag is a smart bag that will make sure you never leave home or work without any of your valuable items, invented by an Egyptian inventor Tamer Ahmed. More»
Amwal Al Ghad English - 2015-02-26 09:45:25
Microsoft Corp. MSFT, -0.23% plans to shut two mobile-handset manufacturing plants in China formerly run by Nokia Corp., cutting about 9,000 jobs in total, various reports said Thursday. Microsoft, which bought Nokia's handset business last April, scheduled the closure of the plants -- located in Beijing and the southeastern city of Dongguan -- earlier this month and plans to ship some of the manufacturing equipment there to Vietnam, according to a report in the government-run Beijing Youth Daily. It quoted an unidentified Microsoft China executive as saying the closures and transfer of production capacity to Vietnam would likely be completed by the end of March. The layoffs are part of an estimated 18,000 job cuts which Microsoft announced in the wake of its purchase of the Nokia unit for $7.2 billion. More»
Amwal Al Ghad English - 2015-02-26 09:23:50
Egyptian business tycoon Naguib Sawiris is acquiring 53% of the shares in international news channel Euronews by investing €35 million. According to Le Figaro, the channel as reached agreement with Sawaris to augment the channel’s capital with €35 million giving him a 53% majority share in the channel. The fresh money will allow Euronews to invest in its development.”For the past five years, we invested relatively little in digital. Our choice was simple: either we grow or we cut the wings,” told CEO Michael Peters Les Echos. Joining the channel in late 2011, Peters implemented a new strategic plan for the channel. “This new plan required a fresh injection of cash, which was accepted by the shareholders. They could not keep up financially but they believe in the development of the channel and therefore agreed to have their ownership diluted.” Euronews broadcasts in 13 different languages 24 hours a day, seven days a week in Arabic, English, French, German, Greek, Hungarian, Italian, Persian, Portuguese, Russian, Spanish, Turkish and Ukrainian. The channel employs around 400 journalists and reaches 400 million households in 155 countries worldwide. There are currently 24 shareholders, including a number of public broadcasters from across Europe: CT (Czech Republic), CyBC (Cyprus), ENTV(Algeria), ERT (Greece), ERTT (Tunisia), ERTU(Egypt), francetélévisions (France), NTU (Ukraine), PBS (Malta), RAI (Italy), RTBF (Belgium), RTE(Ireland), RTP (Portugal), RTR (Russia), RTVSLO(Slovenia), SNRT (Morocco), SSR (Switzerland), TRT (Turkey), TVR (Romania), TV4 (Sweden), YLE (Finland), Grand Lyon, Département du Rhône, Région Rhône-Alpes. More»
Amwal Al Ghad English - 2015-02-26 09:08:36
Deutsche Telekom AG, Europe’s biggest phone company, pledged to return more cash to shareholders over the next four years as its growing T-Mobile US Inc. business boosts profit. Earnings excluding some items will climb as much as 4 percent a year on average, the Bonn-based carrier said Thursday. The company plans a minimum dividend of 50 cents (57 U.S. cents) a share that’s set to grow in line with rising free cash flow, which it forecasts to increase about 10 percent a year. The forecast makes Deutsche Telekom stand out among European carriers, which have been hobbled by weak economic recovery since the financial crisis. The plan also highlights how much Chief Executive Officer Tim Hoettges has to rely on T-Mobile US, an asset that’s repeatedly drawn interest from suitors as it keeps pulling in customers from its rivals. “We’ll have to see what they say today about whether they plan to sell T-Mobile or not,” said Alexandre Iatrides, an analyst at Oddo & Cie. in Paris. More»
Amwal Al Ghad English - 2015-02-26 08:29:24
U.S. regulators are poised to impose the toughest rules yet on Internet service providers, aiming to ensure fair treatment of all web traffic through their networks. The Federal Communications Commission is expected Thursday to approve Chairman Tom Wheeler's proposed "net neutrality" rules, regulating broadband providers more heavily than in the past and restricting their power to control download speeds on the web, for instance by potentially giving preference to companies that can afford to pay more. The vote, expected along party lines with Democrats in favor, comes after a year of jostling between cable and telecom companies and net neutrality advocates, which included web startups. It culminated in the FCC receiving a record 4 million comments and a call from President Barack Obama to adopt the strongest rules possible. The vote also starts a countdown to lawsuits expected from the industry, which contends regulations will burden their investments and stifle innovation, potentially hurting consumers. The FCC sought new net neutrality rules after a federal court rejected their previous version in January 2014. The ruling confirmed the agency's authority over broadband but said it had improperly regulated Internet providers as if they were similar to a public utility. That contradicted their official classification as "information services" providers, which are meant to be more lightly regulated. The agency's new policy would reclassify broadband as more heavily regulated "telecommunications services," more like traditional telephone service. The shift gives the FCC more authority to police various types of deals between providers such as Comcast Corp (CMCSA.O) and content companies such as Netflix Inc (NFLX.O) to ensure they are just and reasonable for consumers and competitors. Internet providers will be banned from blocking or slowing any traffic and from striking deals with content companies, known as paid prioritization, for smoother delivery of traffic to consumers. The FCC is also expected to expand its authority over so-called interconnection deals, in which content companies such as Netflix Inc pay broadband providers to connect with their networks. The FCC would review complaints on a case-by-case basis. Wheeler's original proposal pursued a legal path suggested by the court. It stopped short of reclassifying broadband and so had to allow paid prioritization, prompting a public outcry and later Obama's message. With the latest draft, Wheeler sought to address some Internet providers' concerns, proposing no price regulations, tariffs or requirements to give competitors access to their networks. More»
Amwal Al Ghad English - 2015-02-26 07:56:21
Samsung Electronics (005930.KS) said on Thursday it will freeze its South Korean employees' wages in 2015 for the first time in six years, after the world's top smartphone maker suffered a fall in profits in the face of rising competition. The South Korean giant in January recorded its first annual profit decline since 2011, as it lost market share to Apple Inc's (AAPL.O) new iPhones and cheaper Chinese rivals like Xiaomi Inc [XTC.UL]. The last time Samsung Electronics froze salaries was 2009 when the company reeled from the global financial crisis. Since then, it has increased salaries. A Samsung spokesman did not elaborate on the reasons for the wage freeze. Samsung Electronics shares slipped 0.3 percent while the wider market .KS11 was up 0.1 percent as of 0613 GMT (1.13 a.m. EST). Robert Yi, Samsung's head of investor relations, signaled earlier this month that the firm may cut dividends in 2015 after it hiked its payout by 40 percent and bought back stocks last year. More»