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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        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        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 - 2015-05-04 07:57:39
Germany's top public prosecutor will look into accusations that the country's BND foreign intelligence agency violated laws by helping the United States spy on officials and firms in Europe, including Airbus group, the federal prosecutors office said. A spokesman for the prosecutors office confirmed weekend media reports that an investigation had been launched as opposition politicians demanded more information about the unfolding scandal from Chancellor Angela Merkel's government. "A preliminary investigation has been started," the spokesman said. In a related development, federal prosecutor Harald Range himself will be questioned by a parliamentary committee looking into the affair in Berlin on Wednesday. More»
Nayera Eid - 2015-05-03 13:50:50
Egypt is one of the most rapidly growing markets in adopting new technologies, China-based Oppo Electronics’ deputy executive director Sky Lee said in an interview with Amwal Al Ghad. Lee expected that Egypt would witness a100% growth rate in using smartphones among citizens within the current year, representing a golden opportunity and motivation for any smart phone manufacturers, and notably for Oppo to build a strong presence there. Ahead of taking decision to enter the Egyptian market, Oppo had conducted multiple studies which showed that Egyptians are more concerned about the quality of the camera attached to the smartphone alongside the outer appearance, Lee noted. That is why Oppo has launched four models of smartphones in the Egyptian market, including N3 that features a rotating camera, in addition to the world's super slim smartphone R5. Furthermore, Lee noted that Oppo is seeking to become one of the top mobile providers in Egypt within two years maximum. He added that Oppo intends to establish post-sales services centre in Egypt in line with starting its actual presence there. Oppo’s official has also referred that the company would even build a factory in Egypt if it manages to achieve satisfying sales rates.
Wael El-Tokhy - 2015-05-03 12:04:27
Egyptian agency ITIDA will hold the first investor briefing event on May 5 on technology and investment in outsourcing sector, with the theme of ‘The Investment Forum’. Information Technology Industry Development Agency (ITIDA) is a public-private partnership between the Egyptian Ministry of Communications and Information Technology (MCIT) and the private sector dedicated to developing IT in Egypt. The forum aims to create a periodical communication platform with existing and prospective investors in Egypt’s ICT sector from the United States, Europe, the Middle East and Africa. It also targets discussing outsourcing services and industries in the country as well as showcasing ITIDA’s strategic initiatives. The event will focus on getting acquainted with investors’ needs and insights into the job market requirements, as well as presenting ITIDA’s visions and programmes for the upcoming period. Key government officials, business leaders and entrepreneurs in IT industry and outsourcing will participate in the forum. They are set to discuss related issues and share their views over best practices, success stories, challenges and industry needs to create a suitable business environment, maintain current investments and attract more investors. More»
Nayera Eid - 2015-05-02 13:12:11
Egypt’s second-largest mobile services provider, Mobinil has contacted the country’s telecom regulator to obtain approval of its sale of 2000 cellular towers, managing director and CEO Yves Gauthier confirmed on Saturday. This comes after some reports claiming to cite the country's telecom regulator, the National Telecommunication Regulatory Authority (NTRA) chief Hesham El Alaily as saying Mobinil had not taken the authority’s approval of the deal. Speaking to Amwal Al Ghad on Saturday, Gauthier stated that the deal contract, which was at value of 1 billion Egyptian pounds (US$131 million), with Eaton, the buying company, includes a condition to have NTRA’s approval. Furthermore, Mobinil’s CEO said the one billion pounds generated from the sale deal with Eaton would be used to reduce Mobinil’s debts amounting to 8 billion pounds, which represented one of the main reasons behind the company’s losses during the past period. On April 29th, Mobinil announced it sold its entire stake in the Egyptian Company for Mobile Towers Services to a subsidiary of telecommunications tower firm Eaton Towers LTD. More»
Amwal Al Ghad English - 2015-05-02 09:15:58
In Egypt, internet is often known to be slow, expensive and difficult to obtain in certain areas due to limited infrastructure. Yet, in an effort to boost access to the internet by Egypt’s 39 million internet users, Egypt’s Ministry of Communication and Information Technology has announced a new plan. According to the Ministry, the government is working with internet companies and the Telecommunications Regulatory Authority to discuss ways to increase internet speeds and reduce costs. The plan, the Ministry said, is intended to not only provide faster internet speeds, but to also ensure that everyone can have access to the internet at a low cost. More»
Amwal Al Ghad English - 2015-05-02 09:16:28
Scientists have made progress towards correcting the errors that are expected to affect quantum computing. Quantum computers could offer a massive performance boost over conventional types, but progress toward commercially useful machines has been slow. Now, scientists from IBM's Watson Research Center have successfully demonstrated a new method for correcting errors on a quantum circuit. Details are published in the journal Nature Communications. More»
Amwal Al Ghad English - 2015-05-02 08:53:34
The technology industry’s greatest rivalry may be turning into an unstoppable collaboration. Relations between Apple and Samsung Electronics appear to be thawing since the war waged by Steve Jobs forced these onetime corporate comrades to end lucrative supply contracts and engage in costly legal battles. In August 2014, Apple Chief Executive Officer Tim Cook agreed to begin winding down the patent suits with Samsung, and the two companies are teaming up again on new products. Samsung will manufacture the main chip for the next iPhone, as well as displays for other Apple products, and it is budgeting $14 billion for new plants and equipment that are expected to accommodate, among other things, its big new client. From this alliance, Apple gets access to one of the biggest, most sophisticated chip manufacturing operations in the world to help it continue outselling the competition. Samsung gets crucial new orders for its core chipmaking group to make up for stagnating profit in mobile phones. Just about all other companies in the industry will suffer, starting with Taiwan Semiconductor Manufacturing and SanDisk. More»
Amwal Al Ghad English - 2015-05-02 08:19:04
Apple Inc.'s stock AAPL, +3.04% snapped a three-session losing streak, the longest such stretch in 3 1/2 months, with a bang on Friday. The stock surged 3%, the biggest one-day percentage gain since Jan. 30. Volume was 56.9 million shares, above the 30-day average of 47 million shares, according to FactSet. The stock, the biggest percentage and point gainer among Dow Jones Industrial Average components on Friday, contributed 25.36 points to the blue-chip barometer's 183.54-point gain. More»
Amwal Al Ghad English - 2015-05-02 07:53:45
Another day, another shock for investors in social media stocks. Shares of LinkedIn Corp, operator of the most popular social network for professionals, fell 20 percent in early trading on Friday, wiping out more than $6 billion of market value, after the company slashed its full-year forecast. LinkedIn reported on Thursday its slowest quarterly revenue growth since it went public four years ago. The surprisingly weak results followed Twitter Inc's on Tuesday. Twitter's stock fell by as much as 24 percent, slicing about $6 billion off its market value. More»
Amwal Al Ghad English - 2015-04-30 15:03:50
EU antitrust regulators are set to clear Orange's 3.4-billion-euro ($3.79 billion) bid for Spanish peer Jazztel after the French telecoms operator offered to sell overlapping assets, three people familiar with the matter told Reuters on Thursday. "The merger will be approved," said one of the sources, who declined to be named because the European Commission has yet to announce its decision. The sources said Orange has offered to sell overlapping assets with Jazztel, including parts of the Spanish provider's fiber network, and also to sign wholesale ADSL (broadband) agreements with rivals. More»