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Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        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        Universal For Paper and Packag   4.94        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        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        National Real Estate Bank for    11.84        Egyptian Chemical Industries (   7.26        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        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        Egyptian Transport (EGYTRANS)   7.85        Sharkia National Food   3.78        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 - 2016-05-31 13:54:55
A study conducted on Jumia, the African online retailer, consumer’s behavior found out that electronics mainly mobile phones seemed to be the most visited category. It showed that smartphones sale rose by 474 percent between 2014 and 2015. Such rise is attributed to the dramatic fall of smartphones prices estimated to be 72 percent from 2012 to 2015. In this period of time mobile phones prices ranged from 755 to 2500  Egyptian pounds. Rocket Internet GmbH (Jumia Egypt - Venture) announced launching “Jumia Mobile Week 2016” that will last for 7 days starting from the 30th of May to the 3rd of June. The website promises consumers with the best deals on mobile phones in partnership with top mobile phone brands. More»
Amwal Al Ghad English - 2016-05-31 08:28:29
A collection of bitcoins worth about £8m, which had been confiscated by police in Australia, will be auctioned off in June. The 24,518 bitcoins will be sold mostly in blocks of 2,000 - each with a market value of about £680,000. Ernst & Young, the firm organising the auction, said the bitcoins had been "confiscated as proceeds of crime" but did not elaborate on the case. One expert said the authorities had chosen a "safe" time to sell. Australian newspapers have previously reported that 24,500 bitcoins were seized by police in the state of Victoria in 2013, after a man was arrested for dealing illegal drugs online. More»
Amwal Al Ghad English - 2016-05-31 07:50:48
China's President Xi Jinping has vowed to increase government support for technology companies, state media reported, in an attempt to raise the country's competitiveness that could also further fuel concerns over protectionism. Beijing has put forward so-called Internet Plus and Made in China 2025 strategies, which aim to make Chinese firms world technology leaders and call for progressive increases in domestic components in priority industries such as robotics and aerospace equipment. Foreign business groups have voiced concerns that such policies could limit foreign firms' opportunities in China and ultimately starve innovation. More»
Nayera Eid - 2016-05-30 14:50:37
The Venture Lab, part of the American University in Cairo, announced incubating 55 startups since it was launched in 2013. During semi-finals of the Imagine Cup 2016 competition held at the AUC, Karim Seghir, Dean of AUC’s School of Business, said that the V-Lab invested a total of $6 million to support new startups employing 350 young people across Egypt. AUC V-Lab is the first university-based incubator in Egypt, launched in 2013 “to translate technologies and innovations into commercially viable and scalable ventures, thereby contributing to economic development and job creation,” Seghir earlier noted. More»
Amwal Al Ghad English - 2016-05-30 10:55:53
Mohammed Bin Rashid Al Maktoum Foundation (MBRF) - a member of the Mohammed Bin Rashid Al Maktoum Global Initiatives - and the United Nations Development Programme (UNDP) organised the Egyptian Knowledge and Innovation Society Conference in Cairo as part of a series of events in key international and regional cities to announce the results of the Arab Knowledge Index. The event was organised in cooperation with the Egypt’s Supreme Council of Universities. The conference was attended by Jamal Bin Huwaireb, Managing Director of MBRF, Dr. Ashraf Al Shehhi, Egypt’s Minister of Higher Education and Scientific Research, as well as the heads of Egyptian universities and research centres, and a number of former ministers. The event, which witnessed the launch of the Arab Knowledge Index, discussed its methodologies and highlighted the results and plans for its development. More»
Amwal Al Ghad English - 2016-05-30 10:43:29
Volvo plans to roll out its first self-driving in just four years, and the company claims it’s going to be way more advanced than what other automakers will have to offer. “The thing that is unique is that we are really trying to deploy the technology in reality. And when I say that, I mean self-driving cars that allow drivers to do something else behind the steering wheel,” Erik Coelingh, Senior Technical Leader for Safety and Driver Support Technologies, told Tech Insider. In other words, the company’s first self-driving car won’t require a human to supervise it at all while the car is in control. The driver will be able to do another activity while the car does all the driving. What’s more, it will be designed to deal with just about any situation.    More»
Amwal Al Ghad English - 2016-05-30 09:11:19
Amazon is set to create 500 jobs in Dublin over the next two years as it seeks to expand its European workforce. They will be mainly high tech positions, with the company seeking data centre technicians, software engineers and customer support staff. Dublin acts as Amazon’s technical hub in Europe. “It’s driven by the fact that the business continues to grow at a really rapid rate. For AWS [Amazon Web Services, which covers cloud computing products] we have over one million customers over 190 countries,” said Amazon Ireland’s general manager Jeff Caselden. More»
Amwal Al Ghad English - 2016-05-30 08:48:52
The Indian government on Monday said it was discussing Apple Inc's foreign direct investment application that seeks a waiver from a local sourcing rule. Nirmala Sitharaman, commerce and industry minister in the federal cabinet, told reporters her ministry would discuss the issue with the finance ministry. The finance ministry's foreign investment promotion board (FIPB), which clears foreign direct investment applications, has asked the iPhone maker to sell at least 30 percent locally sourced goods if it wished to open shops in India. Apple hopes to expand its retail presence in India, one of the world's fastest-growing smartphone markets, at a time when sales in the United States and China have slowed. More»
Amwal Al Ghad English - 2016-05-30 07:09:59
Analysis of data seized by investigators in last week's raid of Google's Paris headquarters could possibly take years, French financial prosecutor Eliane Houlette said on Sunday. Dozens of French police raided Google's offices on Tuesday, escalating an investigation over suspected tax evasion. "We have collected a lot of computer data," Houlette said in an interview with Europe 1 radio, TV channel iTele and newspaper Le Monde, adding that 96 people took part in the raid. "We need to analyze (the data) ... (it will take) months, I hope that it won't be several years, but we are very limited in resources". More»
Amwal Al Ghad English - 2016-05-29 07:14:43
France will "go all the way" to ensure that multinationals operating on its soil pay their taxes and more cases could follow after Google and McDonald's were targeted by tax raids, Finance Minister Michel Sapin said. Sapin, speaking in an interview with Reuters and three European newspapers, ruled out negotiating any deal with Google on back taxes, as Britain did in January. Dozens of French police raided Google's Paris headquarters on Tuesday, escalating an investigation on suspicions of tax evasion. Investigators searched McDonald's French headquarters on May 18 in another tax probe. "We'll go all the way. There could be other cases," Sapin said. More»