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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        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        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        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        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

Nayera Eid & Wael El Tokhy - 2015-05-11 11:02:49
In Egypt, associations’ total expenditure on the information technology industry surged to around 20 billion Egyptian pounds (US$2.6 billion), vice president of ITIDA said Monday. According to Hossam Osman, Vice President of Egypt’s Information Technology Industry Development Agency (ITIDA), the hardware services in the country capture 85% or 17 billion pounds of the total expenditure. Meanwhile, the technical and software services seize 15% or 3 billion pounds approximately, he noted during a business forum on programming industry that ITIDA holds on Monday. Moreover, he noted that ITIDA seeks- through its strategy- to develop the programming industry services and double it production volume in the upcoming volume. More»
Amwal Al Ghad English - 2015-05-11 07:30:02
SoftBank Corp reported on Monday a 9 percent fall in profit for the fiscal year just ended, hurt by the absence of one-time gains enjoyed the year before, while it has been weighed down by the costs of trying to turn around U.S. unit Sprint. The Japanese telecommunications company said it had an operating profit of 982.7 billion yen ($8.2 billion) in the year ended March 31, versus 1.08 trillion yen in the prior year. The average estimate among 20 analysts was 980.87 billion yen, according to Thomson Reuters StarMine. The company did not issue a forecast for the current fiscal year, saying it was difficult to provide estimates due to a large number of uncertain factors. SoftBank purchased No.3 U.S. carrier Sprint Corp for more than $20 billion in 2013. Sprint, 80 percent-owned by SoftBank, has been intensely competing with larger rivals AT&T Inc and Verizon Communications Inc . More»
Nayera Eid - 2015-05-10 12:22:52
The International Telecommunication Union (ITU) intends to initiate cooperation with Egypt’s Ministry of Communication and Information Technology and one of the mobile companies working in the country. The cooperation aims at providing smart solutions to save water wasted in irrigation practices in Egypt, which could reach 40%. The new project is to start during the current month, said Ebrahim Al-Haddad, the Regional Director at Arab Regional Office ITU. It is expected to be spread in other Arab countries when it starts to produce a turnaround in Egypt, he noted. The ITU official further said the amount of water wasted in Egypt is too high, compared to Israel of 5% only. It is a highly important project for Egypt, Al-Haddad noted, citing future difficulties Egypt might face with its water share after the completion of the Grand Ethiopian Renaissance Dam. Egypt has won ITU membership for 2015-2018 after re-electing it as African representative with 115 votes. More»
Amwal Al Ghad English - 2015-05-09 12:24:57
The next iPhone needs to be innovative and the main part is the screen! New amazing concept shows the next generation of the iPhone device, the iPhone 7 with two screens. The next iPhone will come with (According to the concept): – 4.9 inch Full HD Sapphire front display, wrap around screen – The next operating system of Apple, iOS 9 – Capacitive home button and Touch ID sensor with 700 dpi pixel density – NFC sensor and bluetooth 4.2 – Apple A9 chip quad-core 1.8 GHz with 2x faster GPU – 13 MP rear camera, 2k@30fps, 1080p@120-480fps – 2260 mAh battery with light indicator around the lightning connector Source: Dubai Magazine More»
Amwal Al Ghad English - 2015-05-09 10:25:39
E-finance, the first and largest electronic payment and collection gateway in Egypt, is to hold a press conference on Sunday to reveal details about Egypt’s smart card system project for subsidised fuel. Khaled Abdel Ghany, PMO Manager at E-finance, stated that his company received the data on vehicles with valid licences in the country from the General Traffic Authority in Cairo, Giza and Qalyubia governorates. The smart cards will be issued within two weeks, Abdel Ghany said, adding that E-finance will announce to the media the timeframe for the distribution of the smart cards throughout different traffic authorities. Moreover, he noted that citizens can claim their personal smart cards by sending application to the traffic department where the car license was issued, or to sign up at a new website, which will be launched soon, for home delivery. More»
Amwal Al Ghad English - 2015-05-09 07:37:28
Windows 10 is going to be the last major revision of the operating system. Jerry Nixon, a Microsoft development executive, said in a conference speech this week that Windows 10 would be the "last version" of the dominant desktop software. His comments were echoed by Microsoft which said it would update Windows in future in an "ongoing manner". Instead of new stand-alone versions, Windows 10 would be improved in regular instalments, the firm said. More»
Amwal Al Ghad English - 2015-05-07 17:06:10
Alibaba Group Holding Ltd (BABA.N) named a new chief executive Thursday, as the Chinese ecommerce group's blistering growth faces headwinds and less-lucrative mobile transactions surpassed those from personal computers for the first time. Alibaba said Chief Operating Officer Daniel Zhang would on May 10 replace Jonathan Lu, who as the firm's low-key chief executive of two years was frequently eclipsed by outspoken founder and Executive Chairman Jack Ma. Lu will remain on the board as vice chairman. Alibaba's quarterly revenue jumped 45 percent to $2.81 billion, beating the average analyst estimate of $2.77 billion according to Thomson Reuters I/B/E/S and sending shares up 9.8 percent to $88 at the market open, their highest level in more than two months. "It was a very good quarter which is especially important considering there were a lot of expectations that the results would not come in strong," said Gil Luria of Wedbush Securities. "Sentiment is going to swing back to the favorable side." Zhang takes the helm as the sprawling e-commerce company puts greater emphasis on reaching customers via mobile devices in China, the world's biggest smartphone market. The company did not explain the reason for the change but Executive Charman Jack Ma said in a letter to staff he was pleased to see the reins going to a leader born in the 1970s. Zhang was born in 1972 while his predecessor was born in 1969, according to Chinese media. Despite the strong fourth quarter, the incoming CEO could face slowing growth as saturation among online shoppers threatens to hobble expansion, along with stiff competition from domestic rivals Tencent Holding Ltd (0700.HK), Baidu Inc (BIDU.O) and Inc (JD.O) on mobile. The total value of transactions made on Alibaba's platforms, known as gross merchandise volume (GMV), grew 40 percent to $97 billion in the quarter ended March 31. This was the lowest rate of growth in at least 11 quarters, despite sales on mobile devices growing 257 percent year-on-year to account for 51 percent of overall GMV. Alibaba may also be facing e-commerce user saturation. The increase of annual active buyers, or customers who buy at least one product a year via Alibaba, was the slowest in 3-1/2 years, up 5 percent from the previous quarter to 350 million. The group will continue investing in areas such as digital entertainment, cloud computing and mobile Internet, Chief Financial Officer Maggie Wu told a conference call. Zhang will also take on decelerating profit growth. Alibaba's net income excluding extraordinary and one-off items grew 16 percent year-on-year, a far cry from 48 percent growth the previous year and triple-digit gains in the 12 months before that. More»
Amwal Al Ghad English - 2015-05-07 11:00:01
Google+ users are those who connect with others around shared interests and passions. So Google+ set out to give people a place to express the things they love. Recently they announced Google+ Collections, a new way to group users’ posts by topic. Every collection is a focused set of posts on a particular topic, providing an easy way for the clients’ to organize all the things they are into. Each collection can be shared publicly, privately, or with a custom set of people. Once the costumer creates his first collection, the profile will display a new tab where other people can find and follow his collections. Posts in collections that the customer follows will appear in their Home stream, with a link to easily jump right into the collection so one can get to similar content from that author. Collections give them a great way to find more of the stuff you love from the people you follow. Collections is available on Android and the web, and iOS is coming later. For Android users, make sure to update your Google+ app to get access to Collections. More»
Amwal Al Ghad English - 2015-05-07 08:30:55
Authorities in China's southwestern city of Chengdu visited the offices of Uber on Wednesday as part of a new investigation into the online taxi-hailing service, a spokeswoman for Chengdu's transportation commission said. The visit is the second made by authorities to Uber's China offices in the last week. The official Xinhua news agency said on Friday Guangzhou authorities raided Uber's office there on suspicion of an "unlicensed operation". "A few of our departments visited Uber's offices to conduct interviews or an investigation," the spokeswoman, who gave only her surname, said on Thursday. More»
Amwal Al Ghad English - 2015-05-07 08:05:19
Telecom equipment maker Alcatel-Lucent (ALUA.PA), which is set to be bought by larger rival Nokia (NOK1V.HE), improved profit margins in the first quarter despite a marked slowdown in its biggest market, the United States. Higher software sales and strong demand for its Internet routing products, which help telecom operators handle heavy broadband traffic from online video, helped Alcatel-Lucent post a better quarter than its soon-to-be buyer Nokia (NOK1V.HE) and mobile market leader Ericsson (ERICb.ST). Both those competitors saw steep drops in their shares after missing profit targets, and Nokia's misstep prompted some Alcatel shareholders to say the takeover deal terms should be renegotiated. More»