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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        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Orascom Telecom Holding (OT)   3.92        Rakta Paper Manufacturing   4.39        Egyptian Iron & Steel   6.87        Naeem Holding   0.19        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        Egyptians Housing Development    1.94        United Arab Shipping   0.43        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Egyptian for Tourism Resorts   0.69        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Heliopolis Housing   21.65        United Housing & Development   8.93        Raya Holding For Technology An   4.57        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        National Development Bank   6.72        Six of October Development & I   15.03        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        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        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 - 2016-04-26 07:46:09
Online talent firm Fullscreen has launched its own subscription video platform to rival YouTube's offering. Until now, Fullscreen has worked with social media talent on free platforms such as Instagram, Snapchat and YouTube. But the company said the economics of producing premium video on ad-supported platforms "did not work out". One industry analyst questioned whether Fullscreen had the brand recognition necessary to attract a big audience. Fullscreen describes itself as a "modern media company", part talent agency, part content producer. It has a roster of 75,000 "partners", predominantly recruited through YouTube. More»
Amwal Al Ghad English - 2016-04-25 10:42:36
More than two-thirds of German industrial companies have been victims of digital crime in the past two years, according to a survey carried out by Bitkom, Germany's IT, telecome and new media industry association. The most common offence was the simple theft of equipment such as computers, smartphones or tablets, but a fifth of companies surveyed reported that sensitive documents, components or designs had been stolen, while 18 percent said their production had been sabotaged with the aim of damaging or paralyzing it. Such crimes cost German manufacturing industry more than 22 billion euros ($25 billion) a year, Bitkom estimated following its survey of 504 German manufacturing companies with at least 10 employees. More»
Nayera Eid - 2016-04-24 14:12:05
The volume of clients' deposits on Egypt Post rose at the end of March 2016 to 174 billion Egyptian pounds (US$19.5 billion), chairman Essam El-Sagheer announced. Speaking to Amwal Al Ghad Sunday, the chairman stated that this rise attributes to high returns on authority's investments in the National Investment Bank in addition to securities portfolios and funds. The official pointed out that Egypt Post is the second biggest financial institution nationwide totalling 22 million clients. He further asserted that the authority is planning to mechanise 412 offices by the end of this year yet it is set to mechanise 90 percent of its offices so as to make it easier for both clients and employees. More»
Amwal Al Ghad English - 2016-04-23 14:57:41
The telecommunications sector is the largest supporter to Egypt’s state budget in 2016, said Yasser El-Kady, Minister of Communications and Information Technology.El-Kady added, during a press conference held in Hurghada city on Wednesday that the telecommunications sector would contribute with returns worth of 10 billion Egyptian pounds (US$1.1 billion) to the state budget this year. The sector will add new frequencies and licenses within the current year.   The minister further clarified that one billion pounds of the anticipated returns usually come earnings of Telecom Egypt (TE), of which the government holds about 80 percent share. More»
Amwal Al Ghad English - 2016-04-23 14:49:32
Loxon, leading risk management software solutions provider, along with regional partner Pio tech, joins the SME Banking and Finance Egypt as Gold Sponsor. The event is scheduled for the 16th and 17th May at Fairmont Nile Hotel, Cairo, Egypt. Loxon specializes in business consultancy and development of integrated front-end and back end applications for the banking industry. The core competency of the company is implementation of software solutions covering the entire lending lifecycle and risk management activities of financial services institutions. With products like Retail & corporate lending, scoring and collateral management, Loxon is a leader in financial management solutions. Pio Tech, a partner organization of Loxon, is a leading provider of Banking Business Intelligence and Performance Management solutions in Middle East and North Africa, offering solutions such as customer information management and business process management. Zoltan Nanai, Partner and Director at Loxon, will be presenting a session at the event on 'SME lending in the 21st century'. From the debate between mass lending and tailor made lending, to the challenges of applying big data techniques in credit scoring and portfolio monitoring, the session will be a study of the overall SME lending process. He will discuss the pillars of profitable SME lending and the application of latest technology trends versus traditional techniques of SME scoring. SME Banking and Finance Egypt 2016, in partnership with Bloomberg Businessweek Middle East, is a platform for banking and financial professionals from across the region to discuss the future of SME banking in Egypt and the efforts of the Egyptian banks to promote SMEs in Egypt. Strategically partnered with the Egyptian Banking Institute, an affiliate of the Central Bank of Egypt, the event will have banking and financial experts sharing their insights on the Central Bank of Egypt's governing policies, SME Banking regulations, risk management, credit scoring and lending models. More»
Amwal Al Ghad English - 2016-04-23 14:36:24
Masdar , Abu Dhabi's renewable energy company, has completed the delivery of 30 megawatts of utility-scale clean energy projects and 7,000 solar home systems in remote and strategic areas across Egypt. Together, the four clean energy projects developed by Masdar 's Special Projects unit will power 25,800 homes and displace 42,700 tonnes of CO2 annually, as well as advance the development objectives of the Egyptian government. On Tuesday, April 19, Masdar formally completed a 14 MW project comprised of four photovoltaic diesel hybrid plants developed in the governorate of the Red Sea. The new projects complement existing diesel-based plants with solar energy, thereby saving costs associated with the purchase and transport of diesel, reducing risk of fuel price increases and supply shortages, and greatly reducing CO2 emissions. The plants in Marsa Alam (6MW), Shalateen (5MW), Abu Ramad (2 MW) and Halayeb (1 MW) are specifically designed to ensure that the area's tourism sector - the lifeblood of the region - is supported by efficient and reliable electricity. More»
Amwal Al Ghad English - 2016-04-23 11:09:11
Hackers managed to steal $80m (£56m) from Bangladesh's central bank because it skimped on network hardware and security software, reports Reuters. The bank had no firewall and used second-hand routers that cost $10 to connect to global financial networks. Better security and hardware would have hampered the attackers, Reuters said, quoting an official investigator. The hackers aimed to steal $1bn but made mistakes that led to the theft being spotted and stopped. Better defence A firewall would have made attempts to hack the bank more "difficult", Mohammad Shah Alam, a forensic investigator who works on the Bangladesh team investigating the theft, told Reuters. More»
Amwal Al Ghad English - 2016-04-23 10:46:11
More than nine million virtual reality (VR) headsets will be shipped in 2016, suggests research by analyst firm IDC. The estimate is far more than the 350,000 headsets that were sent out last year, it said. Some of the growth will be down to the first consumer-ready versions reaching customers, said the firm. However, most numerous will be the "screenless" systems that use smartphones as their main display. IDC said it expected about two million headsets from Oculus, HTC and Sony to be shipped to consumers in 2016. The Oculus Rift headset began shipping on 28 March, HTC Vive headsets are due to start being dispatched this month and Sony's PlayStation VR should be available in October. More»
Amwal Al Ghad English - 2016-04-23 09:54:39
Emirati students will participate for the first time in a new mobile platform called "Citizen Science" which promises to further enhance passion for Science, Technology, Engineering and Mathematics (STEM).  Students will be  equipped with skills and ambitions necessary to help solve daily challenges facing the world in the next 50 years and beyond. ADEC in collaboration with EY and Tribal Planet is hosting the high profile Digital Innovation in Education event in Abu Dhabi on April 25th 2016 at the Mubarak bin Mohammed School in Abu Dhabi. Citizen Science aims to connect young people around the globe with each other, their local environment, the global scientific research community and their future employers. It will provide digital content, experiments and challenges developed by some of the world's most renowned education and scientific institutions to encourage young people to experiment, learn and get excited about STEM disciplines. Delegates will include leaders across government, education and businesses in the UAE, world renowned scientists and digital visionaries. More»
Amwal Al Ghad English - 2016-04-23 09:37:58
DHL Express , the world's leading Logistics Company announced the appointment of its new UAE Country Manager, Geoff Walsh. As previous Country Manager for DHL Express Saudi, Geoff brings a wealth of experience in the logistics industry. Managing integrated operations, Geoff will be focused on developing DHL 's Freight and Express solutions using a defined customer-driven logistics strategy that optimizes warehousing and transportation opera tions. Commenting on the appointment, Nour Suliman, CEO Middle East and North Africa at DHL Express said; "Geoff is a perfect addition to our UAE team. We have a strong well motivated team in UAE, and Geoff is a solid leader and a delightful character; that, along with his extensive experience in the Middle East and the logistics sector, means that our UAE team just grew stronger." Geoff joined DHL Express in 1996 where he held various positions across the MENA region and South East Europe. In June 2009, he was appointed Road Network Manager MENAT, he then served as National and Area Operations Manager across the UAE. Geoff has overseen the operations of various divisions since joining DHL in 2006, as an Area Operational Manager he established and sustained strategic relationships in culturally diverse environment such as Oman and Saudi. More»