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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        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        Canal Shipping Agencies   7.39        Egyptian for Tourism Resorts   0.69        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        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        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        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 - 2015-02-10 08:57:48
Samsung is warning customers about discussing personal information in front of their smart television set. The warning applies to TV viewers who control their Samsung Smart TV using its voice activation feature. When the feature is active, such TV sets "listen" to what is said and may share what they hear with Samsung or third parties, it said. Privacy campaigners said the technology smacked of the telescreens, in George Orwell's 1984, which spied on citizens. Data sharing The warning came to light via a story in online news magazine the Daily Beast which published an excerpt of a section of Samsung's privacy policy for its net-connected Smart TV sets. These record what is said when a button on a remote control is pressed. More»
Amwal Al Ghad English - 2015-02-10 08:42:27
the North Korea-led hack of Sony Pictures could become a template for a new round of cyber-attacks stoked by escalating international conflicts involving the U.S., including ongoing negotiations aimed to prevent Iran from developing a nuclear weapon, the leader of a security research firm said Monday. "Folks in Iran, you can bet, are studying that attack very closely," said Dmitri Alperovitch, co-founder and chief technology officer for CrowdStrike, which gathers intelligence on foreign state-sponsored hacking groups. He spoke not long after President Obama issued another warning against imposing more economic sanctions against Iran, which could scuttle a possible deal. More»
Amwal Al Ghad English - 2015-02-10 08:10:38
Lazard Ltd. and EFG-Hermes Holding SAE are competing with JPMorgan Chase & Co. to advise Telecom Egypt on the planned sale of its 45 percent stake in Vodafone Group Plc’s local unit, people with knowledge of the matter said. The monopoly fixed-line phone company, majority-owned by the government, may soon take a decision on which of the two parties to hire, the people said, asking not to be identified as the information is private. The adviser will also help review the company’s other investments, according to the people. Telecom Egypt will sell its holding in Vodafone Egypt by the end of 2015, the government said in September. Officials have also approved the issuance of a license that allows Telecom Egypt to become the country’s fourth mobile services provider and permits the local units of Vodafone, Orange SA and Emirates Telecommunications Corp. to sell land lines. More»
Amwal Al Ghad English - 2015-02-10 08:02:42
Samsung is warning customers about discussing personal information in front of their smart television set. The warning applies to TV viewers who control their Samsung Smart TV using its voice activation feature. Such TV sets "listen" to some of what is said in front of them and may share details they hear with Samsung or third parties, it said. Privacy campaigners said the technology smacked of the telescreens, in George Orwell's 1984, which spied on citizens. Data sharing The warning came to light via a story in online news magazine the Daily Beast which published an excerpt of a section of Samsung's privacy policy for its net-connected Smart TV sets. Smart TV owner Peter Kent: "It makes me think twice" The policy explains that the TV set will be listening to people in the same room to try to spot when commands or queries are issued via the remote. It goes on to say: "If your spoken words include personal or other sensitive information, that information will be among the data captured and transmitted to a third party." More»
Amwal Al Ghad English - 2015-02-09 07:52:20
China's Alibaba Group Holding Ltd is taking a $590 million stake in an obscure domestic smartphone maker as the e-commerce giant tests ways to expand its mobile operating system in a shrinking, cut-throat handset market. Extending a previously muted push into hardware, Alibaba said on Monday it will buy an unspecified minority stake in smartphone maker Meizu Technology Co. Dwarfed by rivals like Xiaomi Inc [XTC.UL], privately owned Meizu's slice of China's smartphone market is estimated by analysts at below 2 percent. The deal, unlike U.S. rival Inc's foray into smartphones with its own-brand Fire Phone, is designed to help Alibaba push its mobile operating system within China through Meizu's handsets. In return, Zhuhai, Guangdong-based Meizu will get access to Alibaba's e-commerce sales channels and other resources, the companies said in a joint statement. For China's e-commerce king, with a market value of $213 billion market value, the $590 million price tag may be a costly entry fee. Meizu's reach in China, and likely that of the Alibaba operating system, is severely blunted by domestic leaders Xiaomi, Huawei Technologies Co Ltd [HWT.UL] and Lenovo Group, as well as multinational giants Apple Inc and Samsung Electronics Co Ltd. More»
Amwal Al Ghad English - 2015-02-08 09:21:56
The Egyptian Government, through the Ministry of Communications and Information Technology, and MasterCard signed Thursday a Memorandum of Understanding (MoU) to help drive financial inclusion and maximize government efficiency. The MoU was signed by H.E. Atef Helmy, Minister of Communications and Information Technology, and Ajay Banga, Chief Executive Officer at MasterCard, in the presence of Ibrahim Mahlab, Prime Minister of Egypt, and Richard Haythornthwaite, Chairman of MasterCard’s Board of Directors. The partnership will see MasterCard bring latest payment technology to the market. In addition, the company will help the Egyptian government increase engagement with citizens. MasterCard will also be working alongside Egypt Post to digitalize its customer base, and enable its 4000 branches to offer electronic value-added-services, employee trainings and expert-driven workshops. This will help Egypt Post transition towards cashless payment solutions through the use of mobile phones and credit cards, ultimately improving its services and enhancing convenience. Atef Helmy, Egyptian Minister of Communications and Information Technology said: “Under the leadership of H.E. Abdel Fattah al-Sisi, Egypt has been undergoing a period of positive change. The President and Government of Egypt believe that Information and Communications Technology plays a vital role in supporting this change and helping us better serve our citizens. This collaboration with MasterCard will help the Government bring innovative new solutions to the Egyptian population.” Ajay Banga, Chief Executive Officer, MasterCard said: “This partnership highlights our commitment to Egypt and its people. It’s crucial for us to join forces with governments around the world to accelerate positive change for citizens. We have a long and rich history in Egypt, and we are excited about the opportunity to provide more Egyptians with access to financial services.” More»
Amwal Al Ghad English - 2015-02-07 09:35:58
Walkie-talkie and radio systems maker Motorola Solutions Inc (MSI.N) is looking into a possible sale, Bloomberg reported, citing people familiar with the matter. Potential buyers could include private-equity firms and defense contractors including Raytheon Co (RTN.N), Honeywell International Inc (HON.N) and General Dynamics Corp (GD.N), Bloomberg reported, citing one of the sources. The 87-year-old company is working with financial advisers as it looks for a buyer, Bloomberg cited the sources as saying. The sale process has been going on for several months, though a deal isn't on the immediate horizon, one of the sources told Bloomberg. Motorola Solutions spokesman Kurt Ebenhoch declined to comment on rumors or speculation.Source: Reuters More»
Amwal Al Ghad English - 2015-02-07 07:48:49
A lawyer for RadioShack on Friday said the bankrupt electronics chain would accept all kinds of bids for its assets, including from liquidators, although any transaction would require court approval. RadioShack, which filed for Chapter 11 protection on Thursday, has a tentative deal to sell as many as 2,400 of its 4,100 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder. As part of that deal, wireless company Sprint Corp would operate within those stores. But any better bids, which RadioShack lawyer David Fournier said could include liquidation offers, may trump that deal. "We don't know exactly where we're going to end up," Fournier said at a hearing in U.S. Bankruptcy Court in Delaware. RadioShack, which posted 11 straight quarterly losses after failing to transform itself into a destination for mobile phone buyers, hopes to avoid the fate that plagues many bankrupt retailers: liquidation. More»
Wael Al Toukhy - 2015-02-05 12:08:16
Egypt's Linatel for Telecommunications is targeting to increase the proportion of maintenance services and technical support which provided by Vodafone and Mobinil to 10% from the total business volume of developing infrastructure and improving performance, Hamdy El laithy CEO said. The board of director will hold a meeting by the end of the current month in order to agree on the general strategy of the new year, El laithy pointed out. Speaking to Amwal Al Ghad on Thursday, El laithy asserted that several works which expected to be implemented within 2015 will be reviewed, in addition to electronic payments and Intelligent Transport system projects. More»
Ahmed Fayez - 2015-02-05 09:58:20
The US multinational technology corporation IBM will take part in Egypt’s upcoming Economic Summit, chairwoman and CEO Virginia Rometty announced on Wednesday. According to Rometty, Egypt’s March summit represents a great chance to offer and present IBM’s services and programmes in front of Egyptian as well as international investors participating in the event. During her meeting with Egyptian Prime Minister Ibrahim Mahlab and Minister of Communication Atef Helmy, Rometty said IBM believes that Egyptians are writing a new page in the road of development represented in offering giant promising projects like the New Suez Canal project. In addition, she added that the modern marine services require advanced technology to be in accordance with international standards. Such advanced technological applications will contribute to lowered costs and the best usage of resources, Rometty noted. She pointed out that IBM cooperates with number of countries in providing programming services soas to administrate ports. IBM is a globally integrated technology and consulting company headquartered in Armonk, New York. With operations in more than 170 countries, IBM attracts and retains some of the world's most talented people to help solve problems and provide an edge for businesses, governments and non-profits. More»