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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 - 2016-02-27 09:12:52
As Apple Inc resists the U.S. government in a high profile stand-off over privacy, rival device makers are, for now, keeping a low profile. Most are Asian companies - the region produces eight of every 10 smartphones sold around the world - and operate in a complex legal, political and security landscape. Only China's Huawei has publicly backed Apple CEO Tim Cook in his fight to resist demands to unlock an encrypted iPhone belonging to one of those who went on a shooting rampage in San Bernardino, California in December. "We put a lot of investment into privacy, and security protection is key. It is very important for the consumer," Richard Yu, chief executive of Huawei's consumer business group, told reporters at the Mobile World Congress earlier this week. But Yu stopped short of saying explicitly that Huawei would adopt the same stance. "Some things the government requires from vendors we cannot do," he said, citing an example of unlocking an encrypted Android device. "These are important things for the consumer, for privacy protection." Lenovo Group CEO Yang Yuanqing declined to say whether he backs the Apple position, saying the issue required time and consideration. More»
Amwal Al Ghad English - 2016-02-27 07:38:48
A U.S. appeals court on Friday overturned a $120 million jury verdict against Samsung, finally handing the South Korean smartphone maker a significant win in its longstanding patent feud with top rival Apple. The U.S. Court of Appeals for the Federal Circuit in Washington, D.C., said Samsung Electronics Co Ltd did not infringe Apple's "quick links" patent, and that two other patents covering the iPhone's slide-to-unlock and auto-correct features were invalid. The court also said Apple was liable for infringing one of Samsung's patents. In a statement, a Samsung spokeswoman said: "Today's decision is a win for consumer choice and puts competition back where it belongs - in the marketplace, not in the courtroom.” A spokeswoman for Apple declined to comment. Apple and Samsung have been battling over mobile device technology patents for years. Apple has mostly prevailed, and in December, Samsung paid Apple $548.2 million stemming from a separate patent case, which Samsung has appealed to the U.S. Supreme Court. Friday's ruling was issued by a unanimous three-judge panel of the Federal Circuit, the country's top court specializing in patent issues. The ruling reverses a May 2014 verdict from a federal court in San Jose, California ordering Samsung to pay $119.6 million for using Apple's patented technology without permission. Infringement of the quick links feature, which allows the device to recognise data on the touchscreen, such as a phone number, and link to it to make a call, accounted for nearly $99 million of the damages. While the appeals court said that Samsung did not use the same technology to detect and link to specific data, it also said Apple's other patents were obvious compared to previously known inventions and should never have been granted. Chicago-based patent lawyer Bradley Hulbert, who has followed the litigation, said the decision is "a clear signal that Apple is not invincible and that alternative operating systems are here to stay. The marketing and psychological benefits for Samsung are huge." Rutgers Law School professor Michael Carrier said Apple "rolled the dice" by going to court and today's decision "shows that the patent wars really are not worth it." The case is Apple Inc v. Samsung Electronics Co Ltd et al, in the U.S. Court of Appeals for the Federal Circuit, No. 15-1171. More»
Amwal Al Ghad English - 2016-02-25 09:51:39
Apple chief Tim Cook on Wednesday said that complying with a court order to help the FBI break into an iPhone belonging to one of the San Bernardino shooters would be "bad for America," and set a legal precedent that would offend many Americans. "Some things are hard, and some things are right, and some things are both - this is one of those things," Cook told ABC News in his first interview since the court order came down last week. He added that the government was asking for "the software equivalent of cancer" and that he planned to talk to President Barack Obama directly about getting the dispute "on a better path." Later asked whether Apple would be prepared to fight this case all the way to the U.S. Supreme Court, Cook said, “We would be prepared to take this issue all the way.” Apple's chief executive officer also said there should have been more dialogue with the Obama administration before the U.S. Justice Department's decision to seek relief from a federal magistrate judge in California. "We found out about the filing from the press, and I don't think that's the way the railroad should be run, and I don't think that something so important to this country should be handled in this way," Cook said in an interview being aired on "ABC World News Tonight." More»
Amwal Al Ghad English - 2016-02-24 09:45:38
The legal showdown between Apple Inc (AAPL.O)and U.S. law enforcement over encryption, no matter the outcome, will likely accelerate tech company efforts to engineer safeguards against government intrusion, tech industry executives say. Already, an emerging industry is marketing super-secure phones and mobile applications. An Apple executive said the company will strengthen its encryption if it wins its court battle with the federal government, which last week secured a court order requiring Apple engineers to help extract data from a phone associated with the mass shootings in San Bernardino. The executive spoke on condition of anonymity. An Apple spokesperson declined to comment publicly. If Apple loses the court case, the legal precedent could give the U.S. government broad authority to order companies to assist in breaking into encrypted products. But even a government victory could have unintended consequences for law enforcement, potentially prompting a wave of investment by U.S. tech companies in security systems that even their own engineers can't access, said Jonathan Zittrain, co-founder of Harvard University's Berkman Center for Internet & Society. "A success for the government in this case may further spur Apple and others to develop devices that the makers aren't privileged to crack," he said. The fast-growing online storage provider Box has already made it a priority to give customers sole custody of data, said Joel De la Garza, chief information security officer at the company. The intent is to make it impossible for the company to access its customers' data - even under a government order, he said. "Our goal is to achieve a `zero-knowledge' state" for the company, he said, "where our customers have total control over their data." It's unclear whether Apple can - or would even want to - make smartphones the company can't access. Two Apple employees familiar with the company's security strategy said the company had no such plans. More»
Amwal Al Ghad English - 2016-02-24 09:28:23
Yahoo Inc. shareholder Canyon Capital urged the company to proceed quickly with the auction of its core business, citing concern that the Internet giant's management team does not share the sense of urgency held by the board of directors. "We remain concerned that the process is not moving as quickly as it should, and that Company management does not fully support the Board's direction in this regard," said the letter, which was sent to Yahoo's board of directors, its chief financial officer, and CEO Marissa Mayer on Tuesday. Yahoo did not immediately respond to a message seeking comment. Yahoo officially launched the sale of its core business on Friday, a move that Canyon Capital and other shareholders, including activist Starboard Value, had been pushing for since late last year. Starboard and others are pushing Yahoo to sell its core business as soon as possible rather than wait for a reverse spin-off that the company said could take at least a year to complete. Despite the launch of the auction, Starboard is expected to continue its effort of nominating directors for Yahoo's board before the company's March 26 deadline, Reuters reported last Friday. Time Inc, publisher of Sports Illustrated, People and Time magazines, has been exploring a bid for Yahoo's core business, a source familiar with the situation told Reuters on Tuesday. More»
Amwal Al Ghad English - 2016-02-23 09:24:45
Facebook's CEO Mark Zuckerberg said Monday he was "sympathetic" with Apple's chief executive Tim Cook in his stand-off with the United States government over breaking into an iPhone of a mass shooter. More»
Amwal Al Ghad English - 2016-02-23 09:19:06
Google is shuttering Google Compare, its U.S. comparison-shopping site for auto insurance, credit cards and mortgages after one year, the Wall Street Journal reported on Monday, citing people familiar with the matter. The quick reversal is a setback to the Alphabet unit's efforts to use its enormous reach to provide consumers with niche shopping services and financial-services tools, the Journal said. The company said in an email to its partners on Monday that Google Compare's U.S. and U.K. services would start winding down this month and terminate on March 23, according to the Journal. Google said the service didn't meet its expectations and that the company will now focus on AdWords and future innovations, the paper reported citing the email. Google could not immediately be reached for comment outside U.S. business hours. More»
Amwal Al Ghad English - 2016-02-22 14:22:07
Apple Inc (AAPL.O) on Monday called for the creation of a government commission or panel of experts on encryption to help resolve the standoff over national security and data privacy that began last week after the technology company refused a U.S. government demand to unlock an iPhone used by one of the San Bernardino shooters. "Apple would gladly participate in such an effort," the company wrote in a post on its website entitled "Answers to your questions about Apple and security". (apple.co/1QthT10) Such an idea is not new. A digital security commission comprising technology, business and law enforcement experts has been proposed by Democratic Senator Mark Warner and Republican Representative Michael McCaul, who chairs the House Homeland Security Committee, to help break the impasse over encryption. The bipartisan pair is scheduled to unveil details of legislation that would create a panel at a Washington event on Wednesday. Apple Chief Executive Tim Cook also sent a letter to employees Monday morning explaining the company's position and thanking them for their support. More»
Amwal Al Ghad English - 2016-02-22 09:50:03
AT&T Inc will invest about $10 billion in its global business solutions division, as it seeks to boost the unit that offers services such as wireless connectivity, cloud storage and security to companies, the wireless provider said on Sunday. Last month, AT&T said it expects its overall capital expenditure in 2016 to total $22 billion. For the quarter ended Dec. 31, the company said revenue in its business solutions unit fell 2.7 percent from a year ago to $18.2 billion, driven in part by lower equipment revenue and pressure from foreign exchange rates. More»
Amwal Al Ghad English - 2016-02-22 08:46:24
Samsung Electronics Co Ltd (005930.KS) and LG Electronics Inc (066570.KS) unveiled their latest smartphones at the Mobile World Congress industry show in Barcelona on Sunday, seeking to buck the slowdown in industry growth. Phone makers face another tough year in 2016 as subdued global growth and persisting currency weakness in key emerging markets sap consumers' spending power. A push by Chinese manufacturers to expand overseas amid slowing growth in their domestic market may also undercut margins further. In a bid to recapture market share, Samsung launched two new versions of its Galaxy S smartphone and brought in Facebook Inc (FB.O) Chief Executive Mark Zuckerberg for a surprise appearance to tout the potential of virtual reality, prompting hundreds of people to rush to the stage to record the moment. LG, which lost money from its mobile business last year as its flagship products struggled, introduced a modular design to its new G5 smartphones that allows users to replace or upgrade functions such as camera and audio independently. It also launched a virtual reality headset and accessories including a drone controller to pair with the G5. More»