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Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        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        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        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        Cairo Poultry   8.32        ARAB POLVARA SPINNING & WEAVIN   2.11        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 - 2015-01-13 11:30:44
Egypt's fixed line monopoly Telecom Egypt announced on Tuesday it signed a commercial agreement with mobile operators Mobinil and Vodafone to provide infrastructure and international services. The agreement for the infrastructure service will have a five-year term for Mobinil, 3 years with Vodafone. The international calling services will have four-year term for both companies, Telecom Egypt said. Telecom Egypt further added in a bourse statement that its infrastructure stretches to nearly tens of thousands of kilometers throughout Egypt, with an increase of 6.25% and added capacity of 50% achieved in the previous two years. More»
Amwal Al Ghad English - 2015-01-11 10:39:07
Billionaire Jack Ma apologized for calling Chinese e-commerce rival Inc a "tragedy", saying he was sorry for causing the company trouble by "putting it all out there". Alibaba Group Holding Ltd founder and chairman said on his personal Weibo account that JD had his blessings after criticisms of its business model were published last month in a Chinese-language book. Ma said he had a habit of making "crazy" and "stupid" boasts and did not expect that such private comments among friends would be made public. He made no mention of another passage in the book quoting Ma as faulting strategic moves by Tencent Holdings Ltd. More»
Amwal Al Ghad English - 2015-01-08 15:14:54
Egypt and the UAE have signed today a protocol to train and employ 10.000 job seekers in the Egyptian communications and IT sector. In this respect, Atef Helmy - Egyptian Minister of Communication and Information Technology, and Mounir Fakhry Abdel Nour – Egyptian Ministry of Trade alongside Sultan Al-Jaber - UAE Minister of State have signed the protocol for the national project; ‘Training for Employment’ on Thursday. The protocol aims to train and employ 10.000 job seekers, including people with special needs, in Egypt's communication and IT sector. It comes within the Egyptian-Emirati project to train and employ youth to find practical solutions to create job opportunities and prepare manpower capable of filling the needs of local and regional markets. This project would be executed across 26 governorates in 4 phases to qualify 100.000 trainees for labor market and increase skills of industrial workers to save around 50% of vocational training needs in labor market. Around 25.505 persons are training in different fields and around 10.000 of them have been employed through the project. More»
Amwal Al Ghad English - 2015-01-08 10:18:50
Mobily provides 4G LTE international roaming services in 35 countries, including 61 leading, most popular and global telecommunications operators. Mobily explained that the coverage include UAE, Qatar, Kuwait, Bahrain, USA, UK, Australia, France, Switzerland, Germany, Italy, Spain, Netherlands, Belgium, Greece, China, Canada, Hong Kong, Indonesia, South Korea, Malaysia, Philippines, Russia, Singapore, and other countries. This achievement reflects Mobily's capability to provide exceptional customer experiences for its subscribers, and the company's ability to put the Kingdom in an advanced position on the global map of communications services. Currently the Kingdom competes strongly the developed countries in providing many advanced telecommunication services. Mobily announced in the first quarter of last year the provision of 4G international roaming services covering 15 countries around the world, and declared the company's plans to stay in the lead, which was already managed and achieved. Mobily's strategy relies to maintain its subscribers enjoying the best services, and will not spare any effort to achieve this important goal. Therefore, Mobily receives invitations from specialized organizations in telecommunications and information technology to display its successful experiences in providing many of the services that have achieved global precedency. Mobily announced at the end of 2012 its success in the technical tests in the first roaming process through data sim card, as the first company in the region, where the company conducted a bonding process with Hong Kong. It is noteworthy that the values of Mobily are the most important motives for development, and the company is keen always to implant the value of pioneering in their employees, making them eager for continuous development. Moreover, innovation comes in forefront of the company's strategic goals to provide exceptional customer experiences to subscribers. More»
Amwal Al Ghad English - 2015-01-08 09:34:26
Tech blogs and news sites have been buzzing over the past several days about Microsoft Corp.’s MSFT, +1.27% alleged development of a new web browser for Windows 10, to be known as “Spartan.” Websites such as BGR and Neowin have carried what they say are leaked screen shots of the new browser, which BGR said Tuesday would include voice-command features that could allow users to mark sites as favorites or home pages via speech. Microsoft is set to announce plans for the new browser at a Windows event on Jan. 21, BGR said. Neowin said Wednesday that Spartan would also likely feature a “share icon” that would make it easier to post website links onto social media. It would also carry a “reading mode” feature that allows users to see just the text of an article, making it easier to read, Neowin reported. It also said the new browser would have a “borderless window,” allowing “your content to stretch from edge to edge,” and with no information bar at the bottom of the screen. Microsoft already offers the Internet Explorer browser, which is either the most popular browser in the U.S. or is second to Google Inc.’s GOOG, -0.17% Chrome, depending on which data you look at. More»
Nayera Eid - 2015-01-07 09:25:31
Around 6117 companies are working in communications and information technology sector with capitals worth EGP 46.95 billion (around US$6.5 billion), with y-o-y growth of 0.64%. According to a recent report issued by Egyptian Ministry of Communications and Information Technology, the number of mobile users decreased to 94.5 million at the end of October by 3.4 %, with a penetration rate at 110 % The report further stated that the number of internet users hit 47 million with 26% annual growth rate and 55% penetration compared to Egypt's population. The percentage of families accessing the internet services reached 57%. The number of users accessing the internet through ADSL is around 3 million, marking 43.8 % while the number of mobile internet users recorded 20.5 million. Moreover, total number of fixed-line subscriptions is 6.13 million. Fixed line penetration rate reached about 7.3 %, representing an annual decline rate of 11.6%. More»
Amwal Al Ghad English - 2015-01-07 08:48:51
Sony Corp Chief Executive Kazuo Hirai on Tuesday said he does not expect the November cyber attack on the company's film studio to have a significant financial impact, two weeks after the studio rolled out the movie at the heart of the attack. The studio, Sony Pictures Entertainment, said separately that the film, "The Interview," has generated revenue of $36 million. Hirai told reporters at the Consumer Electronics Show in Las Vegas that he had signed off on all major decisions by the company in response to the attack, which the U.S. government has blamed on North Korea. Sony's network was crippled by hackers as the company prepared to release "The Interview," a comedy about a fictional plot to assassinate North Korean leader Kim Jong Un. The attack was followed by online leaks of unreleased movies and emails that caused embarrassment to executives. "We are still reviewing the effects of the cyber attack," Hirai told reporters. "However, I do not see it as something that will cause a material upheaval on Sony Pictures business operations, basically, in terms of results for the current fiscal year." More»
Amwal Al Ghad English - 2015-01-07 08:15:15
Lenovo Group Ltd. (992) will bring Motorola phones back to China in the first quarter, reintroducing the brand to the world’s largest market after an absence of more than two years. The Moto X will be sold in February, with the Moto X Pro and Moto G to follow later, Motorola spokesman William Moss said in phone interview today. Lenovo completed the $2.91 billion purchase of Motorola Mobility from Google Inc. (GOOG) in October. Lenovo, the world’s largest maker of personal computers, is focused on an expansion in smartphones amid a global decline in PC demand. The Beijing-based company’s phone push has been challenged by cross-town rival Xiaomi Corp., which surpassed the company in China and worldwide smartphone market share in the third quarter. “Motorola’s brand is well liked and respected in many markets, especially being a U.S. brand and long legacy in mobile” said Jessica Kwee, a Singapore-based analyst with researcher Canalys. “It is something that Lenovo can leverage.” Shares of Lenovo rose 5 percent to HK$10.58 as of 3:32 p.m. in Hong Kong, headed for the biggest gain since March 11. The stock gained 8.2 percent last year, its sixth straight annual gain. More»
Amwal Al Ghad English - 2015-01-04 12:40:21
The Egyptian Company for Mobile Services - Mobinil is the best mobile operator in Egypt during 2014, according to a new poll. The Egyptian Center for Public Opinion Research (Baseera)’s poll commissioned by the leading economic magazine Amwal Al Ghad found that Mobinil enjoys a 34 percent approval rating among voters. Baseera has polled out 550 voters of 18 years and older on the mobile operators’ performance in terms of quality, customer satisfaction and competitive prices. Coming second in the list, Etisalat Egypt enjoys 24 percent approval rating among voters, followed by Vodafone Egypt with 22 percent. On the other hand, 20 percent of the Egyptians polled answered by ‘I don’t know’ when asking about the best mobile company in 2014. More»
Amwal Al Ghad English - 2015-01-04 08:14:38
Chinese telecoms equipment maker Huawei Technologies [HWT.UL] expects advances in cloud computing and higher demand for smart devices to have lifted 2014 sales revenue by 15 percent to $46 billion, CEO Ken Hu said in a new year's message on the company's website. The Shenzhen-based company, for which three executives share CEO duties in six-month rotation, had said last year that it will achieve sustainable growth in 2014. It had also targeted revenue of $70 billion by 2018, or annual growth of about 10 percent a year. Huawei's smartphone shipments rose by more than 40 percent last year, according to an internal memo seen by Reuters, failing to match its own target and the performance of faster-growing rivals such as Xiaomi. More»