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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Egyptian Iron & Steel   6.87        Naeem Holding   0.19        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        Northern Upper Egypt Developme   4.93        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        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

Nayera Eid - 2014-08-12 09:10:11
Fawry Electronic Payment Service registered 1.1 million monthly transactions with EGP380million total value. Ashraf Sabry CEO of Fawry said the increase of transactions is due to the increase of services numbers which offered by the company. Fawry is aiming to cooperate with 5 new banks in order to provide services to banks through ATM in addition to providing financial services for banks throughout Fawry, Sabry noted. International Finance Corporation (IFC) pumped US$6million to invest in Fawry Egypt , seizing IFC's Stake which estimated at 18% from the company's shares. Fawry is aiming expanding in UAE within the first quarter of the next year and it is actually begun in conducting market studies during the last year and it spent around US$2million. Fawry began work paid up capital of EGP $ 77 million 75% of which is owned by institutions and Egyptian banks such as Amlak Finance and the Bank of Alexandria ,the Development Fund for Information Technology Arab African International Bank ,Raya Holding and HSBC and the rate cash reached  EGP 87 million beginning of 2012. More»
Amwal Al Ghad English - 2014-08-12 06:27:42
Apple Inc has been discussing how its "HealthKit" service will work with health providers at Mount Sinai, the Cleveland Clinic and Johns Hopkins as well as with Allscripts, a competitor to electronic health records provider Epic Systems, people familiar with the discussions said. While the talks may not amount to anything concrete, they underscore how Apple is intent on making health data, such as blood pressure, pulse and weight, available for consumers and health providers to view in one place. Currently, this data is being collected by thousands of third-party health care software applications and medical devices, but it isn't centrally stored. Apple also hopes physicians will use this data to better monitor patients between visits – with the patient's consent — so the doctors can make better diagnostic and treatment decisions. Apple has not divulged much specific detail on HealthKit, which is expected to be incorporated into the iPhone 6 come September. But Apple intends HealthKit to become a lynchpin in a broader push into mobile healthcare -- a fertile field that rivals Google and Samsung are also exploring. More»
Amwal Al Ghad English - 2014-08-12 06:03:08
Aides to Egypt's former interior minister Habib El-Adly – currently being retried on charges of killing protesters during the 2011 uprising – have taken aim at diplomat and Nobel laureate Mohamed ElBaradei, who they accused of inciting violence during the uprising and being an emblem of a US-led conspiracy. Osama El-Marassy, one of El-Adly's aides in the central security sector, said that he personally met with ElBaradei on 28 January 2011 near Al-Istiqama Mosque in Giza, where thousands of protesters had gathered, and asked him to calm the situation down. El-Marassy then told the court that ElBaradei raised a two-fingered victory sign to the masses, which he said was a sign for them to start burning shops near the mosque. Another of El-Adly's former aides, Hassan Abdel-Rahman, from the state security sector, also levelled accusations at ElBaradei in Monday's court session, alleging that the prominent liberal was among the main figures who called for and participated in the 2011 protests – proof of what the aide says is a US conspiracy. Abdel-Rahman also claimed that ElBaradei is in favour of destroying the identity of the Arab nation state and dividing the region on an ethnic and sectarian basis. More»
Amwal Al Ghad English - 2014-08-12 06:00:55
Search engine Google Inc and five Asian telecom and communications companies have agreed to invest about $300 million to develop and operate a trans-Pacific cable network connecting the United States to Japan. To be named "FASTER," the cable network will have an initial capacity of 60 terabits per second and will connect Los Angeles, Portland, San Francisco, Oregon and Seattle to Chikura and Shima in Japan. NEC Corp, which will be the system supplier for the cable network, said in a statement that construction would begin immediately and the network would be ready for service in the second quarter of 2016. ( The network would also be able to connect to neighboring cable systems to extend its capacity beyond Japan to other Asian countries. Google currently operates its own super-fast "Fiber" TV and Internet service in the Kansas City metropolitan area, and has been trying to extend its network to more cities in the United States. Also involved in the project are China Mobile's international unit China Mobile International, China Telecom Corp Ltd's international arm China Telecom Global, TIME Dotcom Bhd's Global Transit, KDDI Corp and Singapore Telecommunications Ltd. More»
Amwal Al Ghad English - 2014-08-11 06:31:13
Egyptian mobile operator Mobinil (EMOB) has filed a lawsuit against the Egyptian arm of Abu Dhabi-based mobile operator Etisalat for LE 418 million, Sources revealed according to AlMasry AlYoum newspaper. The sources added that the dispute was one of the main reasons for the Chief Executive Officer of Etisalat Misr, Ahmad Abdulkarim Julfar, visit to the minister of communication. A source in Mobinil revealed that the reason for the dispute was due to the Interconnect fees, Which Etisalat insists on calculating based on the National Telecommunication Regulatory Authority (NTRA) decision, issued in 2008, while Mobinil calculates it based on an agreement between the two companies. Egypt's Administrative Court issued a ruling to cancel the NTRA's decision. The source added that the disputed amount includes the company's fees and delay penalties and interests and that his company sought to resolve the dispute amicably, but the second party refused to pay. More»
Amwal Al Ghad English - 2014-08-10 06:39:16
The plot of the Amazon-Hachette battle over ebook prices just acquired a strange literary twist. Amazon is asking readers to help in its running dispute with Hachette Book Group by emailing Hachette's CEO. But it may have missed the mark when it picked on English writer George Orwell to make its point. In a message from the Amazon Books Team on a website on Friday evening, Inc reiterated its arguments for cheaper ebooks, and suggested people email Hachette CEO Michael Pietsch. The company published Pietsch's email address and listed key points people might want to make.In its message, also emailed to writers who publish directly on its Kindle e-readers, Amazon compared the advent of ebooks to the arrival of paperback books in the 1930s. It said many in the literary establishment and book trade were similarly suspicious about cheaper reading and the assault on hardback books. It put Orwell into the anti-paperback camp. "If 'publishers had any sense, they would combine against them (paperbacks) and suppress them.' Yes, George Orwell was suggesting collusion," Amazon's message said. More»
Amwal Al Ghad English - 2014-08-07 08:50:58
Egyptian Information and Communication Technology (ICT) Minister Atef Helmy participated in the inauguration ceremony of the Suez Canal Axis Development Project which launched by president Abdel Fattah Al-Sisi. ICT took part in Suez Canal several projects with investments ranging between EGP13 to EGP15 billion, Helmy explained. The project entails extensive development plans, including: the construction of four new seaports in the three provinces surrounding the canal; a new industrial zone west of the Gulf of Suez; and a technology valley in Ismailia, Helmy noted. Al-Sisi called on the army’s engineering corps, who will directly supervise the project, to conclude the project in one year instead of the previously scheduled 3–year timeline. Al-Sisi attributed the shortened time period to the “the deteriorating security” which could threaten the project. The president called on all Egyptians to participate in funding the project through a stock market IPO (Initial Public Offering), asking Egyptians resident in the country to contribute EGP 100, and those living abroad to donate $100. The president said the government had refused any foreign participation in the project, stressing that only national banks, companies and investors would be able to finance it. More»
Amwal Al Ghad - 2014-08-07 06:33:57
As its smartphone sales stutter and a generational leadership succession looms, Samsung Electronics Co Ltd (005930.KS) is under pressure to reinvent itself - to be more innovative, but not lose the rigor and focus that made it a global powerhouse. One effort this summer to foster a more worker-friendly environment and a more creative culture is to allow staff at its main Suwon campus south of Seoul to wear shorts to work at weekends. Working hours are more flexible, and female staff can take maternity leave without worrying about job security. The flagship of South Korea's dominant conglomerate, or chaebol, is also trying to address shifting cultural values at home by curbing some of the excesses hardwired into corporate Korea. Forced late-night drinking sessions, long a staple of local office life, are out."It's 1-1-9 for evening company outings now: one type of alcohol, in one place and only until 9 p.m," said a Samsung employee in his eighth year at the firm. "Younger staff are no longer forced to stay, and the senior workers will be careful not to upset their subordinates," he said, asking not to be named as he was not authorized to speak to the media. More»
Amwal Al Ghad English - 2014-08-05 08:54:37
A mobile phone game in which players pretend to be the Israeli military bombing Gaza has been removed from the Google app store, a spokesman for the internet firm said on Monday after a public backlash. Bomb Gaza, which is designed for Android phones and tablets, had been downloaded up to 1,000 times since its release on 29 July 2014, according to app store data. Its stated aim is to “drop bombs and avoid killing civilians”. Seemingly designed to offend, the game reflects the real-life conflict in Gaza in which at least 1,800 Palestinians have been killed. Many comments on the game’s review section expressed outrage that the game was given a platform by Google, though some also defended Israeli positions. "Utterly shameful. Real people, many of them children, are dying in Gaza. Many of those who haven’t been killed face life with debilitating injuries, bereavement and without homes. Their suffering is as real as yours or mine, and to make light of it like this speaks of your essential failure as a human. Shame on the creators of this game, and those who ‘play’ it." George Coote "WTF There is ongoing conflict in which people are dying and you seem to find it acceptable to make a game of it. That’s fucked up." William Howgate Its maturity setting – designed to protect younger gamers from harmful content – was listed as ‘low”, which meant younger players were encouraged to play it. The developer, PLAYFTW, described “an improved performance” in a second release of the game which mentioned the addition of “Israel’s theme music”. Many people called upon Google to take the game down swiftly, and pointed users in the direction of the Report button. "Please take this off the play store. It is offensive and I am really let down that Google actually allowed this. If this game isn’t removed I’m starting a Google boycott." Oma Al Apart from Bomb Gaza, there are other titles on the Android store which reference the ongoing conflict between Israel and Palestine. There is also a game named Gaza Assault: Code Red (with a five star rating) and Iron Dome, based on Israel’s controversial US funded missile defence system. “We remove apps from Google Play that violate our policies,” a spokesman for Google said, confirming that the game had been removed from the Google Play app store. Google did not specify which policy the game had violated. The Guardian has contacted Roman Shapiro, the developer responsible for PLAYFTW’s titles, which also include a piano playing game and a Space War simulation. More»
Amwal Al Ghad English - 2014-08-05 08:43:06
Egypt's Orascom Telecom Media and Technology Holding (“OTMT”) (OTMT.CA) announced Tuesday it received an extension to the management contract of the Lebanese mobile telecommunications operator “Alfa” with the Republic of Lebanon for a period of one additional month commencing on August 1, 2014 and ending on August 31, 2014. The terms of the extension remain the same as per the current contract signed between OTMT and the Ministry of Telecommunications in Lebanon. Being awarded this further extension and despite its short duration, OTMT remains committed to playing a positive role in the development of the mobile sector in Lebanon. OTMT and in cooperation with the Ministry of Telecommunications will pursue Alfa’s growth policy it has followed since 2009, which is a strategic sector for the economic progress in Lebanon. More»