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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

Amwal Al Ghad English - 2015-03-17 08:40:27
The HTC One M9, the new flagship smartphone from the Taiwanese electronics maker, was today launched in the UAE. The new device features a 20-megapixel main camera, with 4K video and 5.1 Dolby surround sound. It will be available in dual-tone silver and rose gold, single-tone gunmetal grey, single-tone gold and dual-tone gold and pink. “Last year we exponentially exceeded our target of achieving double digit growth,” said Ramit Harisinghani, head of sales, HTC Middle and Africa. “We achieved a triple figure growth in terms of sales between 2013 and 2014 in the MEA region. I am confident that the HTC One M9 will take us to record breaking heights in terms of sales in 2015 and beyond.” The phone will be priced at Dh2,749 and available at UAE retailers from the end of the month. It will come up against the soon-to-be released Samsung Galaxy S6 at the high end of the smartphone market. Both phones were announced at the Mobile World Congress in Barcelona earlier this month. More»
Amwal Al Ghad English - 2015-03-17 07:56:53
Apple Inc's (AAPL.O) much-hinted-at TV service may soon become a reality as the iPhone maker is in talks with programmers to offer a slimmed-down bundle of TV networks this fall, the Wall Street Journal reported, citing people familiar with the matter. The service would have about 25 channels, anchored by broadcasters such as ABC, CBS and Fox, and be available across all devices powered by Apple's iOS operating system, including iPhones, iPads and Apple TV set-top boxes, the newspaper said. Apple has been talking to Walt Disney Co (DIS.N), CBS Corp (CBS.N), and Twenty-First Century Fox Inc (FOXA.O) and other media companies to offer a "skinny" bundle with well-known channels like CBS, ESPN and FX, leaving out the many smaller networks in the standard cable TV package, the Journal said. Apple, which is aiming to price the new service at about $30 to $40 a month, plans to announce the service in June and launch it in September, the newspaper said. (on.wsj.com/1GOgcrv) Apple spokesman Tom Neumayr said the company does not comment on rumor and speculation. Fox and CBS declined to comment. Several media companies are considering joining streaming-only services, or launching their own like HBO and CBS, to attract young people who do not subscribe to traditional pay TV packages. But programmers also fear the packages could become so popular that they undercut current, more profitable deals with cable companies. In January, Dish Network Corp (DISH.O) unveiled its long-anticipated video streaming service, named Sling TV, targeted at younger consumers who shun pricey cable and satellite subscriptions. Dish's $20 a month service, the first from a distributor, will be available through Internet-connected devices such as Amazon Fire TV, Roku and Google Nexus Player for TVs, tablets, computers and smartphones and will include TV programming from ABC, ESPN and Maker Studios, Time Warner's (TWX.N) TNT, CNN, TBS, Cartoon Network and Adult Swim, and Food Network, HGTV and Travel Channel. Others like Sony (6758.T) are also rolling out competing services. Apple is not in talks with NBCUniversal, owner of the NBC broadcast network and cable channels like USA and Bravo, because of a falling-out between Apple and NBCUniversal parent company Comcast Corp (CMCSA.O), the Journal said. Apple and Comcast were in early-stage discussions last year to offer a streaming-television service that would allow Apple set-top boxes to bypass congestion on the web. More»
Amwal Al Ghad English - 2015-03-15 07:51:01
Seeking to extend its range of secure mobile devices, BlackBerry Ltd said on Saturday it was launching a high-security tablet, developed with International Business Machines Corp and Samsung Electronics Co Ltd. The SecuTABLET, based on Samsung's Galaxy Tab S 10.5 and being presented by BlackBerry unit Secusmart at tech fair CeBIT 2015 in Germany, reflects the Canadian company's stress on secure connections for governments and businesses as it seeks to preserve a niche market after a drubbing in recent years at the hands of emerging smartphone makers such as Apple Inc. “Security is ingrained in every part of BlackBerry’s portfolio, which includes voice and data encryption solutions,” said Dr. Hans-Christoph Quelle, chief executive officer of Secusmart GmbH, in a statement on the new device. The device was undergoing certification by the German Federal Office for Information Security for secure rating, the statement said, adding that the new tablet used the same security technology as the Secusmart Security Card. "Working alongside IBM and Samsung, we have added the last link in the chain of the Federal Security Network. Subject to certification of the SecuTABLET, German government agencies will have a new way to access BlackBerry’s most secure and complete communications network in the world,” Quelle said. More»
Amwal Al Ghad English - 2015-03-14 12:23:58
Naguib Sawiris is considering making an acquisition in Italy's Internet sector, the Egyptian tycoon said in an interview with Italian newspaper published on Saturday. Sawiris, whose family founded Egypt's giant Orascom group, said in an interview with Corriere della Sera that he planned to create a new data center in Milan, which would be Italy's biggest, by the end of April. "We are also weighing up another acquisition, still in the Internet sector," said Sawiris, who made an unsuccessful bid to buy a stake in Telecom Italia in 2012, according to Reuters. Sawiris, a former owner of Italian mobile operator Wind, agreed in February to take a majority stake in European broadcaster Euronews. He controls internet company Italiaonline, which scrapped a planned IPO last October due to adverse market conditions. More»
Amwal Al Ghad English - 2015-03-14 09:36:57
Steve Jobs protégé and current Apple Inc. CEO Tim Cook offered up his liver to the iconic Apple founder after he was diagnosed with pancreatic cancer, according to excerpts from the book “Becoming Steve Jobs,” set to be released by Random House next week. While the excerpts, initially posted on Amazon.com AMZN, -0.98% , have since been removed, media reports say the story played out like this: Cook, who visited Jobs regularly at his home after the former Apple AAPL, -0.69% chief was diagnosed with pancreatic cancer, became so upset after a particular visit that he had his blood tested to see if he’d be a match with Jobs’ rare blood type. Realizing a partial liver transplant was feasible, Cook, at the time Apple’s chief operating officer, offered up his organ, which Jobs vehemently turned down without hesitation. “He cut me off at the legs, almost before the words were out of my mouth,” the excerpt says, according to reports. “‘No,’ he said. ‘I’ll never let you do that. I’ll never do that.’” Jobs ultimately got a liver transplant in 2009 from a different donor. He stepped down as CEO from Apple in August 2011 and died two months later. The book, penned by journalists Brent Schlender and Rick Tetzeli, seeks to break down existing myths and stereotypes about Jobs, the creator of the iPhone, Apple’s best-ever-selling product. The book’s summary promises never-before-told stories about Jobs from those who knew him personally, including Cook, Apple executive Jony Ive and Walt Disney Co. DIS, -0.68% CEO Robert Iger. More»
Amwal Al Ghad English - 2015-03-14 08:25:02
Apple Inc's new smartwatch may be a tough sell, with 69 percent of Americans indicating they are not interested in buying the gadget, according to a Reuters/Ipsos poll. However, the survey also showed limited awareness of the watch. The poll was taken after Apple Chief Executive Tim Cook rolled out the product on Monday, and only about half of respondents said they had heard news of the timepiece in the last few days. Also, in an encouraging sign for Apple, roughly 13 percent of survey respondents who did not own an iPhone said that they would consider buying one in order to buy an Apple Watch, which needs an iPhone to work fully. Apple overcame skepticism about the iPad and iPod when they first debuted, but the survey suggests that the world's largest technology company has work to do to make the watch ubiquitous. The new watch, a test of Cook's leadership, is the company's first new product in five years, and it hits stores on April 24. It allows users to check email, listen to music and make phone calls from their wrist. Apple will sell various versions, from a $349 'sport' edition to a $17,000 18-karat gold timepiece. Ipsos surveyed 1,245 Americans online between March 9 and March 13. The data was weighted to reflect the U.S. population and has a credibility interval of plus or minus 3.2 percentage points. For poll details see: polling.reuters.com/#!response/TM499Y15/type/smallest/dates/20150309-20150313. Apple did not immediately respond to a request for comment on the poll. More than half of respondents, 52 percent, agreed with the statement that smartwatches are a “passing fad.” One-quarter of respondents said they were interested in purchasing the Apple Watch, but 69 percent said they had no desire, and 6 percent said they were unsure. Initial demand for the watch is expected to come primarily from existing iPhone users, but its wider success is seen depending on whether developers create enticing apps tailored to the device, so-called killer apps. Apple is among several large tech companies looking to jumpstart a new market for “wearable” electronic devices. Samsung Electronics, Sony Corp and LG Electronics have all released their own smartwatches, many of them powered by software developed by Internet company Google Inc. See graphic: link.reuters.com/gak82w. But consumers have yet to cotton to the notion of wearable devices. Google recently halted sales to consumers of Glass, a $1,500 screen attached to glasses which were routinely mocked for their awkward appearance. Roughly 4.6 million smartwatches were sold globally in 2014, according to research firm Strategy Analytics, a fraction of the more than 1 billion smartphones sold worldwide. Many in the tech industry hope that Apple, famous for its marketing savvy and loyal fans, will have the power to transform the smartwatches into a product that appeals to the general public. Some 46 percent of respondents said that the Apple Watch had a “cool factor.” But only 29 percent said they were more interested in purchasing an Apple Watch than another brand of smartwatch. More»
Nayera Eid - 2015-03-12 15:00:18
Telecom Egypt (TE) is preparing a top-level scheme to insure Sharm El-Sheikh against internet and communications breakdown during the Egypt's Economic Summit, CEO Mohamed Al-Nawawy said on Thursday.The summit will start on March 13-15, 2015 in Sharm El-Sheikh, with a theme of "Egypt the Future". The CEO stated that the plan's details should not be revealed but it is high security plan against any kind of breakdown. He also noted that TE would provide impressive internet connection speeds for users, affirming that the firm had never provided such internet speeds before. More»
Amwal Al Ghad English - 2015-03-12 13:40:47
Zimbabwe plans to close down the local unit of Global Telecom Holding SAE because the country’s third-largest mobile-phone company operated without a license and failed to comply with local ownership laws. “They had agreed to pay their license fees installments and they failed to honor their obligations,” Information and Communication Technology Minister Supa Mandiwanzira said by phone on Thursday from the capital, Harare. Telecel Ltd. also hasn’t adjusted its shareholding to comply with laws regarding ownership of companies by black Zimbabweans, he said. Zimbabwe’s economic growth is expected to slow to less than 3 percent this year from 4.2 percent in 2014, the International Monetary Fund said on March 10, partly because increased demand for local ownership is deterring foreign investment. Global Telecom, a Cairo-based unit of wireless carrier VimpelCom Ltd., also has operations in Algeria, Bangladesh and Pakistan. “I’ve no comment on that issue,” Telecel Zimbabwe General Manager Angeline Vere said by phone. Global Telecom’s investor relations department couldn’t be reached when contacted by phone and e-mail. Telecel didn’t pay a $14 million installment toward its license fee in 2013, according to Mandiwanzira. Under Zimbabwean laws, mobile operators must pay $137.5 million for licenses over a 20-year period. Telecel competes with Econet Wireless Zimbabwe Ltd. and Net One in the southern African country. More»
Amwal Al Ghad English - 2015-03-11 11:03:39
Apple Inc. jumped to the top of the Chinese market by adapting the iPhone to local tastes. It’s using the same recipe with the Apple Watch. The new timepiece is available in gold -- appealing to China’s appetite for luxury. Apple also is showcasing the WeChat messaging service from China’s Tencent Holdings Ltd., an app used by half a billion people. The smartwatch starts at 2,588 yuan ($413) in China, putting Apple in position to boost sales beyond the $182 billion in revenue from iPhones, iPads and Macs last year. Apple’s China sales rose 70 percent in the past quarter, helped by the introduction of the iPhone 6 and 6 Plus. By moving to a screen that’s bigger than a traditional smartphone’s but smaller than a tablet’s, the iPhones were popular in a market where consumers prefer to carry one device. The Apple Watch is “going to be a massive hit in China,” said Shaun Rein, managing director of China Market Research in Shanghai. “It’s a brand that’s aspirational, but it’s not so over the top in price.” More»
Amwal Al Ghad English - 2015-03-11 10:40:59
Samsung Electronics will be providing the Egypt Economic Development Conference with HD screens that are “proudly manufactured in Egypt” from its Samsung Electronics factory in Beni Suef. The HD screens and Smart Signage will be positioned throughout the conference facilities, allowing speakers and delegates the opportunity to view the conference proceedings wherever they are over the course of the three-day event. Representing Samsung at the Egypt Economic Development Forum will be Samsung Electronics Egypt Managing Director, Mr. Seung-Ho Yun, and President of Samsung Electronics Egypt Factory, Mr. Kinam Lee. Samsung has invested EGP 1.8bn in their factory in Beni Suef, this is the first factory established by Samsung in African & MENA region which greatly contributes to the development of the Egyptian economy, positioning Egypt as the export hub for Samsung’s products to the MENA region. With the production line already manufacturing TVs and computer monitors as the first phase of the factory’s development, the Samsung Electronics Factory in Beni Suef currently employs approximately 1800 Egyptian employees who handle LED/UHD/SUHD, Smart Signage, Hospitality display for B2B business and monitor manufacturing with a of capacity over 4 million TV/Monitor sets per year. More»