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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        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        Canal Shipping Agencies   7.39        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        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        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        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        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 - 2016-02-22 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". ( 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»
Amwal Al Ghad English - 2016-02-20 09:13:23
Google Chief Executive Sundar Pichai will meet Europe's antitrust chief Margrethe Vestager next Thursday, two people familiar with the matter said on Friday. "It will be an introductory meeting," the people said. Vestager has accused the world's most popular Internet search engine of favoring its shopping service in delivering search results at the expense of rivals and is considering whether to penalize Google. More»
Amwal Al Ghad English - 2016-02-20 08:32:44
The US Justice Department asked Friday for a court order to compel Apple to help unlock an iPhone as part of the probe into last year's San Bernardino attacks, escalating the legal battle over encryption. More»
Amwal Al Ghad English - 2016-02-20 08:09:56
Yahoo Inc officially launched the sale of its core business on Friday, a move seen as a positive step for frustrated investors but not enough to keep an activist hedge fund from pursuing a proxy fight against the struggling Internet company. Yahoo shares jumped after the company announced its board has formed a committee of independent directors to explore strategic alternatives, and that it has hired investment banks and a law firm to run the process. The launch of the auction process, a move activist hedge fund Starboard Value and other shareholders have pushed since late last year, showed the company was moving another step closer to selling its core business, which includes search, mail and news sites, rather than spin it off as previously planned. The move follows more than three years of effort by CEO Marissa Mayer to turn around Yahoo by focusing on mobile apps and trying to boost advertising revenue. Yahoo had acknowledged during its earnings last month that it was open to exploring options for its core business. Despite the launch, Starboard's founder Jeffrey Smith is not backing down, and will continue his pursuit of nominating a group of directors for the Yahoo board, people familiar with the matter said. More»
Amwal Al Ghad English - 2016-02-18 14:01:15
Bee Smart Payment Solutions, a premier electronic payment solution and service provider, extends its leading role in supporting Egypt's social solidarity by signing a partnership agreement with the "Tahya Misr" fund. The new partnership agreement will provide an electronic gateway to facilitate payment of donations through Bee widespread POS network. More»
Amwal Al Ghad English - 2016-02-18 09:07:42
Apple's challenge of a court order to unlock an iPhone used by one of the San Bernardino killers opens up a new front in the long-running battle between technology companies and the government over encryption. The standoff brings the sensitive issue, which has been at a stalemate in Congress, into the courts, which could ultimately impose a decision with wide-ranging consequences. A California magistrate on Tuesday ordered Apple to provide "reasonable technical assistance" to the US Federal Bureau of Investigation to break into an iPhone used by one of the shooters in the deadly December rampage. Apple quickly said it would fight the judge's order. Chief executive Tim Cook called it "an unprecedented step which threatens the security of our customers," and said the order "has implications far beyond the legal case at hand." Apple, Google and other technology firms in recent years have stepped up encryption -- allowing only the customers to have "keys" to unlock their devices -- claiming improved security and privacy is needed to maintain confidence in the digital world. That drive for privacy has prompted sharp objections from law enforcement and intelligence officials, who claim that criminals and extremists are able to hide their illicit activities thanks to device encryption. "This is a clever move by the FBI to move from the legislative arena, where they were not winning, to the courts," said Joseph Hall, chief technologist at the Center for Democracy & Technology, a digital rights group. "They appear to be asking for Apple to produce a version of iOS that removes the glue to keep security working." The order raised hackles among privacy advocates, which see the potential to unleash unbridled surveillance in the United States and elsewhere. "If the FBI can force Apple to hack into its customers' devices, then so too can every repressive regime in the rest of the world," said Alex Abdo of the American Civil Liberties Union. "Apple deserves praise for standing up for its right to offer secure devices to all of its customers." The case is likely to work its way through the courts, which will need to consider a number of both technical and legal questions. Interestingly, Magistrate Judge Sheri Pym's order is based on the 1789 All Writs Act, which lays out broad authority for the courts to help enforcement of the law. Legal scholar Jonathan Turley of the George Washington University said Pym "has gone far beyond what I consider the scope of her authority" and that her actions "appear almost legislative in nature." "Congress has not ordered such back door access to be supplied by companies and such a move would raise difficult privacy questions," Turley said in a blog post. More»
Amwal Al Ghad English - 2016-02-16 14:41:45
Apple ranked first on the list of top brand values among telecommunications and information technology (IT) companies worldwide in 2016, according to a report issued by Brand Finance. According to the asset and brand valuation consultancy firm’s report, Apple’s brand value increased from $128.3bn in 2015 to $145.9bn this year, maintaining first place for the second year in a row. According to the report, Google jumped up by one place in the rankings, acquiring second place instead of third place in 2015 after the value of its brand increased from $76.6bn in 2015 to $94.1bn in 2016. Samsung came in third place on the list, with its brand value estimated at $83.1bn, against $81.7bn in 2015. The e-commerce site Amazon ranked fourth; its value was estimated at $69.6bn, moving up four places from its ranking in 2015. Microsoft dropped to fifth place in the 2016 rankings, from fourth place in 2015. The report estimated the value of the company’s brand at $67.2bn in 2016, compared to $67bn in 2015. More»
Amwal Al Ghad English - 2016-02-16 08:50:54
This winter was supposed to be Nutanix's time to shine. The high-tech computing and storage company filed for a hotly anticipated initial public offering in December, ready to woo investors early in the New Year. But so far, Nutanix hasn't been able to shake the chill of what is shaping up to be a largely barren season for IPOs. And with the battering technology stocks have suffered in the past couple of weeks, and the dismal performance of technology IPOs in the past couple of years, any idea of a springtime busy with technology offerings may also be wishful thinking. Eric Jensen, an IPO attorney for Cooley LLP, said his firm has "a pretty significant pipeline of deals," with about 32 companies that have filed with regulators for IPOs, either confidentially or publicly. But he said plans by the five or so technology firms with a $1 billion-plus valuation in that queue, "are all stalled out." For a graphic showing the number and value of U.S. technology IPOs, see here The cratering in technology stocks has also helped to push down the valuations of private tech companies and interest in investing in them, say capital markets experts. Fewer options for capital raising means that high-flying companies may need to rein in spending, delay some ambitious expansion plans and even lay off staff, according to investors and tech consultants. IPO experts also say they expect more startups will get acquired cheaply, and go the way of Good Technology, a mobile security company once valued at $1 billion and last year sold to Blackberry for $425 million. It had planned an IPO but that never got off the ground. "A lot of these companies are going to have to rein in their costs in order to survive," said Matt Brady, co-founder and chief operating officer of investment firm Militello Capital. The markets tanked just as Apttus, which makes sales software for businesses, was putting the finishing touches on its IPO filing. CEO Kirk Krappe told Reuters he is still anticipating a debut in the second or third quarter. But he is running the company a little leaner, slowing down on hiring, and making sure there are ample cash reserves so he can be flexible with his IPO timing. More»