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Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        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        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        Universal For Paper and Packag   4.94        Egyptian for Tourism Resorts   0.69        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        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        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        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        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 - 2016-03-26 12:19:16
iPhone and iPad owners locked out of their devices because of a problem with Apple's latest mobile operating system have been provided with a solution. The iOS 9.3 update caused some older versions of the phones and tablets to require the IDs and passwords previously used to set them up. Many people complained that their machines had become unusable because they had forgotten or did not know the details. Apple has detailed a workaround. It has also stopped vulnerable devices being able to download the software and begun issuing new versions of the operating system - which ditch the ID check - for affected machines. "In some cases, if customers do not recall their password, their device will remain in an inactivated state until they can recover or reset their password," Apple said in a statement. More»
Amwal Al Ghad English - 2016-03-26 08:11:36
Microsoft is "deeply sorry" for the racist and sexist Twitter messages generated by the so-called chatbot it launched this week, a company official wrote on Friday, after the artificial intelligence program went on an embarrassing tirade. The bot, known as Tay, was designed to become "smarter" as more users interacted with it. Instead, it quickly learned to parrot a slew of anti-Semitic and other hateful invective that human Twitter users started feeding the program, forcing Microsoft Corp (MSFT.O) to shut it down on Thursday. Following the setback, Microsoft said in a blog post it would revive Tay only if its engineers could find a way to prevent Web users from influencing the chatbot in ways that undermine the company's principles and values. "We are deeply sorry for the unintended offensive and hurtful tweets from Tay, which do not represent who we are or what we stand for, nor how we designed Tay," wrote Peter Lee, Microsoft's vice president of research. Microsoft created Tay as an experiment to learn more about how artificial intelligence programs can engage with Web users in casual conversation. The project was designed to interact with and "learn" from the young generation of millennials. More»
Amwal Al Ghad English - 2016-03-26 07:58:08
Sharp Corp (6753.T) and Taiwan's Foxconn are set to sign a takeover deal next week after repeated delays, with the two sides set to agree on a smaller bailout than originally planned for the troubled Japanese electronics maker, two sources familiar with the talks said on Saturday. The two companies will hold board meetings on Wednesday to approve the deal and officially sign a deal the following day, said the two sources with direct knowledge of the talks. Both of the sources declined to be identified as they are not authorized to speak to the media. A Sharp spokesman declined to comment, while Foxconn officials were not immediately available for comment. Foxconn, formally known as Hon Hai Precision Industry Co (2317.TW), is set to cut its earlier 489 billion yen ($4.3 billion) offer for newly issued Sharp shares by about 100 billion yen, the sources said. The companies had come close to signing a deal last month but Foxconn hit the pause button following revelations of previously undisclosed liabilities at the Japanese company. More»
Amwal Al Ghad English - 2016-03-26 07:41:34
Apple Inc said the U.S. Justice Department's new attempts to unlock an iPhone used by one of the San Bernardino shooters without the tech giant's help could eliminate the government's need for its assistance in a similar dispute in New York. The company's position was laid out in a letter filed on Thursday in federal court in Brooklyn, New York, seeking to delay briefing in the Justice Department's appeal of a ruling that protects Apple from unlocking an iPhone in a drug case. The letter came after U.S. prosecutors on Monday disclosed that "an outside party" had presented a possible way to open the phone in the San Bernardino investigation, which they said could eliminate the need for an order requiring Apple's help. In its letter, Apple said if the method being evaluated in the San Bernardino case can also be used in the Brooklyn drug case, "it would eliminate the need for Apple's assistance." Apple said that could affect the Justice Department's appeal of a Feb. 29 ruling by U.S. Magistrate Judge James Orenstein that he did not have authority to order Apple to disable the security of an iPhone seized during the drug investigation. "On the other hand, if the DOJ claims that the method will not work on the iPhone here, Apple will seek to test that claim, as well as any claims by the government that other methods cannot be used," Apple said in the letter. Apple as a result asked U.S. District Judge Margo Brodie, who is presiding over the appeal, to delay the briefing schedule in the case by at least 10 days after the Justice Department files a status report on April 5 in the San Bernardino case. A spokeswoman for the Justice Department did not immediately respond to a request for comment on Friday. Apple in its letter said the Justice Department did not oppose the delay. The phone in the Brooklyn case belonged to Jun Feng, who has since pleaded guilty to participation in a methamphetamine distribution conspiracy. The Justice Department sought to unlock Feng's phone to find other conspirators. Unlike the phone used by Rizwan Farook in San Bernardino, Feng's phone had an older operating system, iOS 7, which is not protected under the same encryption technology. More»
Amwal Al Ghad English - 2016-03-26 07:33:57
Ride hailing app company Uber Technologies Inc [UBER.UL] is generating more than $1 billion in profit a year in its top 30 cities globally, and partly using that money to bankroll its expansion in China, Chief Executive Travis Kalanick said in an interview. The company said in February it was losing more than $1 billion a year in China's red-hot ride hailing market, where it is battling large local incumbents to win customers. Kalanick said China was the company's most intense market, but also a crucible for new ideas that it has exported to other markets, and that its investment here was sustainable. "If you took our top 30 cities today, today they're generating over $1 billion in profit a year, just our top 30 cities. And that profit multiplies every year because we're growing," he said on the sidelines of the Boao Forum in the Chinese island province of Hainan. Other cities among the 400 where Uber operates were also profitable, he added. "So that helps us to sustainably invest in our Chinese efforts... Because of the profits we have globally, this is something we can do for the long run," he said late on Thursday. More»
Amwal Al Ghad English - 2016-03-24 14:50:34
Egypt-based business continuity Estmrarya Academy is to pump new investments ranging between 3 and 5 million Egyptian pounds ($337,845-563,075) to establish a consulting company specialized in crisis management and disaster response services. These investments are meant to be generated this year, said Ahmed Riyad, CEO and Founder of Estmrarya Academy. An electronic portal, which will cost around 500,000 pounds, for the Academy will be designed to provide a digital content of it. More»
Amwal Al Ghad English - 2016-03-24 13:43:02
Egypt’s President Abdel Fattah al Sisi received Vittorio Colao, CEO of Vodafone on Wednesday in the presence Communication and Information Technology, said Minister Yasser El Qady, Spokesman for Presidency Alaa Yousef.  During the meeting, Sisi greeted the worldwide company for their long-standing activities and investments in the telecommunications sector in Egypt, Yousef added. In addition, the Egyptian President praised the company's projects in health, education, agriculture sectors. For his part, Colao outlined the expansion of his company’s activities in Egypt which resulted in creating more job opportunities. He pointed further to the available mega investments in the telecommunication and technology sectors, Yousef asserted. More»
Amwal Al Ghad English - 2016-03-24 13:16:46
The Gulf Cooperation Council (GCC) will cut telecom roaming charges for making and receiving calls and sending text messages within the six-nation bloc by an average of 40 percent from April 1, an official said via state media on Thursday. Last June, GCC members Bahrain, Kuwait, Qatar, Oman, Saudi Arabia and the UAE announced the GCC would steadily reduce charges from April but did not specify by how much. At that time, the bloc said call and text message tariffs would be steadily reduced over three years and data charges over five years. Thursday's statement on the websites of the state news agencies of Saudi Arabia and the UAE quoting Abdullah Bin Juma Al Shibli, GCC assistant secretary general for economic affairs, made no mention of data tariff reductions. The cuts are part of plans for greater economic integration among GCC states, the statement said, predicting they would enable users to save $1.14 billion. It did not specify over what timeframe. More»
Amwal Al Ghad English - 2016-03-24 12:47:20
Etisalat Misr & Huawei announce the successful field trial completion of innovative microwave solution “Super Dual Band". Thus, Etisalat Misr with Huawei Super Dual Band MW solution have achieved 6.19Gbps over a relatively long distance (3.37KM) link in Alex region, applying state of the art features (EPLA, AM and QOS) that stretches the benefits from the E-band Equipment.Etisalat Misr, one of the leading mobile operators in Egypt and a subsidiary of Etisalat Group, focuses on the provision of state-of-the-art mobile services. Years of intensive Radio Access Network development proved that mobile broadband applications increase the need for backhaul bandwidth in an exponential manner.Microwave transmission, a key solution on mobile backhaul networks throughout the years, struggles to meet the need for multi-Giga bandwidth at long distances.Huawei “Super Dual Band” is an innovative microwave solution, which bonds the traditional frequency (6-42GHz) together with E-band (71-86GHz) in a unique manner, offering increased protection via special link aggregation techniques and advanced Quality of Service mechanisms. “Super Dual Band” solution combines long distance benefit of traditional frequencies together with the large capacity advantage of the E-Band, ensuring efficient multi-Giga transmission. More»
Amwal Al Ghad English - 2016-03-24 09:42:54
As it struggles to match the success of its big-screen iPhones, Apple is now contending that small can be beautiful, too. The giant tech company showed off downsized versions of its signature iPhone and iPad Pro tablet on Monday, hoping they'll appeal to first-time buyers and those who have shied away from the bigger-screen models Apple has sold in recent years. At a time when overall smartphone sales are slowing, Apple touted its new four-inch iPhone SE as the "most affordable" new phone the company has offered. While it comes with an upgraded camera, faster processor and other features, the SE has a starting price of $400, or $50 less than the older iPhone 5S that it's replacing. By contrast, the iPhone 6S Plus, which had been Apple's newest and biggest phone, starts at $750. The company also knocked $50 off the price of its Apple Watch, showed off some new bands for the wearable gadget, and announced some software enhancements for its mobile devices and the Apple TV system. Apple's spring product event came one day before the tech giant is set to square off with authorities in federal court over the FBI's demand for help unlocking a mass shooter's encrypted iPhone. The dispute has dominated headlines in recent weeks, as Apple CEO Tim Cook acknowledged in brief remarks at the opening of Monday's event. More»