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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        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        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 - 2014-06-08 06:56:32
Apple Inc is preparing to sell its first wearable device this October, aiming to produce 3 million to 5 million smartwatches a month in its initial run, the Nikkei reported on Friday, citing an unidentified parts supplier and sources familiar with the matter. Specifications are still being finalized, but the devices are likely to sport curved OLED (organic light-emitting diode) displays and sensors that collect health data from blood glucose and calorie consumption to sleep activity, the Japanese news service cited industry sources as saying. The industry has long expected Apple to unveil some sort of smartwatch, following the release of Samsung Electronics' Galaxy Gear watches. Wall Street is hoping to see a new Apple product this year to galvanize the former stock market darling's share price and end a years-long drought of ground-breaking devices. CEO Tim Cook has promised "new product categories" in 2014. Apple declined to comment. More»
Amwal Al Ghad English - 2014-06-07 08:07:20
Vodafone Group Plc (VOD), the second-largest mobile-phone company, stirred an outcry from privacy groups from the U.K. to Italy as it revealed the extent of wire-taps by governments around the world. In its first law-enforcement disclosure report, Vodafone said 29 governments from Albania to the U.K. asked for access to its network or user data. The requests range from wiretapping, or intercepting calls and messages, to accessing data such as call and Web-browsing records, according to the report released yesterday, which covered the year through March 31. The disclosure is the most extensive made by a global communications provider, even as carriers including AT&T Inc. (T) and Deutsche Telekom AG (DTE) have published similar reports after documents leaked by former U.S. National Security Agency contractor Edward Snowden exposed the range of government surveillance tactics and prompted a public backlash. “It’s unacceptable governments carry out surveillance work so massive, widespread and indiscriminate as that revealed by Vodafone’s report,” Antonello Soro, chairman of Italy’s Data Protection Authority, said in a statement. “Just as it is not acceptable that governments have access directly to the phone calls of citizens outside the safeguards prescribed by law and without a measure of the judiciary.” More»
Amwal Al Ghad English - 2014-06-07 07:26:01
The world's second-biggest mobile phone company Vodafone revealed government agencies in six unidentified countries use its network to listen to and record customers' calls, showing the scale of telecom eavesdropping around the world. The United States and Britain both came in for global scrutiny and criticism after Edward Snowden, a former contractor with the U.S. National Security Agency (NSA), disclosed their vast phone, email and internet surveillance operations. But Vodafone (VOD.L), which has 400 million customers in countries across Europe, Africa and Asia, said in its "Disclosure Report" on Friday that countries in its reach are using similar practices. While most governments needed legal notices to tap into customers' communications, there were six countries where that was not the case, it said. "In a small number of countries the law dictates that specific agencies and authorities must have direct access to an operator's network, bypassing any form of operational control over lawful interception on the part of the operator," Vodafone said. More»
Amwal Al Ghad English - 2014-06-04 08:58:51
International telecoms firms Global Telecom Holding (GTH) (GTHE.CA),the Egypt-based group formerly called Orascom Telecom, posted consolidated and standalone financial results for Q1 that ended on March 31, 2014. Consolidated financial results showed EGP 297 million net profit, against EGP 1.4 billion net loss in the same period a year earlier. Meanwhile, standalone financial results for the same period mirrored EGP 698 million net loss, compared with EGP 1.6 billion net loss in Q1-13. More»
Amwal Al Ghad English - 2014-06-04 08:23:09
Line Corp., a mobile messaging application operator, is working with Nomura Holdings Inc. (8604) and Morgan Stanley to prepare for an initial public offering as soon as November, people with knowledge of the matter said. Line, based in Tokyo and controlled by South Korea’s Naver Corp. (035420), is considering listing on the Tokyo Stock Exchange and either the New York Stock Exchange or Nasdaq, according to the people, who asked not to be named as the matter is private. The operator of Japan’s most popular mobile messaging application may have a market value of more than 1 trillion yen ($9.8 billion), the people said. The IPO would follow Facebook Inc.’s plans to buy WhatsApp Inc. for as much as $19 billion and Rakuten Inc.’s $900 million purchase of Viber Media Ltd. as mobile users increasingly turn to app providers to send instant messages and make phone calls. More»
Amwal Al Ghad English - 2014-06-04 08:18:07
Vodafone decided appointing Eng. Hatem Dowidar the Chairman of Board of Directors in Vodafone Egypt, along with taking the leadership position in Vodafone Global Group in Middle East, Africa and South East Asia in addition his membership in Vodacom (Vodafone South Africa), According to statement. The statement also explained that Eng. Ahmed Essam has named the CEO and the Managing Director for Vodafone Egypt after Eng. Hatem Dowidar. Meanwhile, Mr. Ahmed Essam serves as Consumer Business Unit Director at Vodafone Egypt Telecommunications S.A.E. Mr. Essam served as Analyst of Naeem Holding, Research Division. He served as Customer Care Director of Vodafone Egypt Telecommunications S.A.E. He serves as a Non-Executive Director of Safaricom Limited. Mr. Essam is responsible for Customer Care Strategy, Consumer & Business Call Centers and Retail. During his tenure at Vodafone Egypt since 1999. More»
Nayera Eid - 2014-06-03 13:39:42
Internet firms asserted that one of submarine cables cut and this affected on the service in Egypt's governorates, sources said. Telecom Egypt (TE)(ETAL-CA) did not reach to the outage place until now, as it is currently identifying its place to solve this dilemma. More»
Nayera Eid - 2014-06-03 13:16:13
Global Huawei Corporation attained US$40billion revenues across the worldwide at the end of last year through producing 47 million devices in this period. Huawei eyes boosting its market share in the domestic market, explaining that the proportion of smart phones reaches up 37% in Egypt in compared to the numbers of users, Country Manger Yang Tao asserted. On the sidelines of the company's conference today, Tao added that the firm seeks increasing its phones by the end of the current year to become 60 millions. It is schedule to put the trade mark of Huawei on the branches of shops in Egypt that totaled 500 shops within two months. More»
Nayera Eid - 2014-06-02 14:24:40
Morpho Egypt Company, a subsidiary of French group Safran is aiming implementing the new identity card project within the next month in cooperation with Ministry of the Interior - Civil Status Authority. The new project will include changing the current shape of cards to enjoy color image and smart SIM ,Walid Fouad, General Manager at Morpho said. Digital Identity is one of the most projects that achieved success around world, as Safran contributed in implementing this system in about 200 countries. More»
Amwal Al Ghad English - 2014-06-02 12:24:18
Broadcom Corp. (BRCM), a maker of communications chips, said it will explore strategic options for its cellular baseband business including a possible sale. The company has hired JPMorgan Chase & Co. to assist, according to a statement today. A sale or wind-down of the cellular baseband business is expected to reduce GAAP research and development and selling, general and administrative expenses by $700 million. Baseband chips are used to connect phones to cellular networks, a business dominated by Qualcomm Inc. Last year, Broadcom purchased assets from affiliates of Japan’s Renesas Electronics Corp. for about $164 million, aimed at speeding up its ability to offer that type of mobile-phone chip. Shares of Broadcom rose 11 percent to $35.25 at 7:18 a.m. in New York. The stock had gained 7.5 percent this year through May 30. More»