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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 - 2016-07-11 12:10:13
CAREEM, the leading app-based car hailing service in the Middle East, has said it is set to invest US$100 million in research and development (R&D) during the next five years. The plans include growing its team in UAE and Pakistan, and opening new R&D centres in Egypt and Germany. The investment will accelerate innovation in transportation-related technology infrastructure for the region and keep CAREEM at the forefront of this dynamic new industry. "Over the last few years, the region has witnessed a surge in technological innovation and has become home to rapidly growing technology startups," said Magnus Olsson, co-founder and chief navigator, CAREEM. "These startups are using technology to improve the lives of people in the region. CAREEM is committed to continue innovating to offer the region a safe and reliable transportation option. In order to do that, we have to double-down on R&D," More»
Amwal Al Ghad English - 2016-07-11 09:32:43
Technology investors seeking refuge after Brexit are picking companies delivering instant access to services for Web and mobile customers or firms mainly doing business globally which can benefit from the pound's fall. They are shying away from hardware makers or e-commerce suppliers with sizeable UK sales, which count for less after currency swings driven by Britain's vote to leave the EU. Shareholders are also wary of software and services firms getting caught short by budget freezes by customers scrambling to reassess their businesses and resulting slowing economic growth. Second-quarter results begin this week and run into August. The STOXX European technology index fell 10 percent after the June 23 vote, but has since regained 6.6 percent. It is down 10.5 percent so far this year, weighed by slowing global smartphone growth and concerns about the world economy. More»
Amwal Al Ghad English - 2016-07-11 09:31:32
BMW has recorded rising sales of the latest version of its electric car, the i3, following the Berlin government's push to subsidize electric cars, weekly German newspaper Frankfurter Allgemeine Sonntagszeitung (FAS) said. Citing company sources, FAS said that orders for the new i3 with a longer range battery, for deliveries from mid-July onwards, had risen "many times over" levels following the introduction of the car's initial version in 2013. Total orders for the new version had risen to 5,000 worldwide of which around 1,000 were placed in Germany, ahead of delivery. BMW said last month it was overhauling its research and development to focus on self-driving cars for the future. More»
Amwal Al Ghad English - 2016-07-11 08:48:54
Japanese messaging app firm Line Corp priced its initial public offering at the top of its marketed range, putting it on track to raise as much as $1.3 billion and reflecting robust appetite for the world's biggest tech listing this year. Line set the IPO price at 3,300 yen per share, compared with its book-building range of 2,900-3,300 yen, a filing with Japan's finance ministry showed on Monday. It had initially set the range at 2,700-3,200 yen but bumped it up last week amid buoyant demand. Line, owned by South Korea's Naver Corp (035420.KS), is set for a dual New York and Tokyo listing this week, raising funds and boosting its profile to ratchet up its global expansion outside its key markets of Japan and Southeast Asia. More»
Amwal Al Ghad English - 2016-07-11 08:26:48
Shares of Japan's Nintendo Co soared more than 20 percent after Friday's surge, adding $7.5 billion to its market value in just two days, on hopes that strong sales of its new Pokemon GO videogame for smartphones will boost earnings. Nintendo shares were up 23 percent at 0225 GMT on Monday (10:25 p.m. EDT on Sunday) at 19,960 yen in heavy trading after earlier rising as high as 20,190 yen, their highest since November. The stock jumped 9 percent on Friday after Pokemon GO shot to the top of free app rankings in Apple Inc's U.S. iTunes store. Hopes that Nintendo's long-awaited shift into mobile smartphone gaming will pay off have lifted the company's market value by more than a third since the start of trading on Friday. Trading volume has also shot to its highest since late October 2015. More»
Amwal Al Ghad English - 2016-07-11 07:53:03
Germany's Federal Office for Motor Vehicles (KBA) would not have approved the autopilot system installed on Tesla cars if the technology was still in a beta-phase version, it told German newspaper Welt am Sonntag. Tesla's partial self-driving Autopilot feature has been thrust under the microscope since a fatal crash involving a Tesla Model S sedan in the United States in May. European approval for the autopilot system was gained in the Netherlands, but the view of KBA is significant because Germany is Europe's biggest car market. "If the word beta-phase means an incomplete status of the software, the KBA would not authorize (such) a functionality," the newspaper quoted the KBA as saying. More»
Amwal Al Ghad English - 2016-07-11 07:28:45
U.S. President Barack Obama said on Sunday that the U.S. government has to improve its cyber security practices for the modern age of smart phones and other technology, saying that hackers had targeted the White House. "I am concerned about it, I don't think we have it perfect. We have to do better, we have to learn from mistakes," Obama told a news conference in Madrid. "We know that we have had hackers in the White House," he added. Concerns have been raised about the security of government information after the head of the FBI said presidential nominee Hillary Clinton's email servers may have been accessed by foreign actors when she was Secretary of State. More»
Amwal Al Ghad English - 2016-07-11 07:02:18
Tesla Motors Inc CEO Elon Musk on Sunday tweeted his intention to soon publish part two of his "top secret Tesla masterplan" following an embattled several weeks for the Silicon Valley heavyweight. The tweet, which read "Working on Top Secret Tesla Masterplan, Part 2. Hoping to publish later this week" comes amid inquiries into two crashes of Tesla cars, as well as ongoing questions regarding Musk's plans to combine his electronic vehicle company, Tesla, with his solar panel maker company SolarCity Corp. On July 1, a driver of a Tesla Model X in Pennsylvania crashed into a turnpike guard rail. The National Highway Traffic Safety Administration (NHTSA) announced last week it is investigating the crash "to determine whether automated functions were in use at the time of the crash." More»
Amwal Al Ghad English - 2016-07-10 11:55:35
Orange Egypt will hold a board of directors meeting on July 21st to discuss the appointment of Jean Marc Harion as the company’s new chief executive. Harion is nominated to succeed Yves Gauthier who resigned earlier on May 26th. Jean Marc Harion is currently the chief executive of Orange Belgium and will leave on August 31. He had served several leading positions in the French telecoms company. Earlier on Friday, Orange Belgium said its chief executive Harion is to leave the company on August 31 and could become the next CEO of Orange Egypt. The Belgian company's management board said it would shortly start the process to appoint a new CEO, although it did not provide any details of prospective candidates. Orange Egypt is likely on the verge of gaining a new 4G licence as well as the ability to offer fixed services. The company recently said it has been asked to pay 3.54 billion Egyptian pounds ($400 million) for a 4G licence. The operator had received a letter from Egypt’s National Telecommunications Regulatory Authority (NTRA) that requested 100 million pounds for a fixed-line licence and 1.8 billion pounds to offer international calls. Orange Egypt said it has yet to make a decision on the licences. More»
Amwal Al Ghad English - 2016-07-10 08:39:52
Facebook has announced that it would roll out optional “end to end encryption” for its Messenger application, following a trend aimed at stronger security and protection against snooping.The US technology giant said this feature would be known as “secret conversations” which can be read only by the sender and recipient.“Providing more ways for people to safely share is an important part of making the world more open and connected,” the social network’s vice president David Marcus said on his Facebook page.“Whether you’re asking a doctor for medical advice, sending sensitive account information to your spouse, or even your Social Security number, it’s important to have options available for sharing these kinds of very sensitive messages.” More»