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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 English - 2014-02-22 08:47:37
Telecom Egypt  today announced that the Egyptian regulatory authorities have approved the proposed amendments to Article 3 of its Articles of Association. This follows the proposed amendments by TE’s Board of Directors on the 12th February 2014. The amendments are being proposed in line with required changes to the administrative managing and operating of the company, in order for TE to continue in its efforts to shift toward becoming a fully integrated telecoms operator.The proposed amendments are now subject to: Shareholder approval at an Extraordinary General Assembly, to be convened shortly; and Ratification of the amendments by the Egyptian General Authority for Investment, to be obtained following the shareholder's approval. More»
Amwal AL Ghad Engish - 2014-02-22 07:56:10
A major flaw in Apple Inc software for mobile devices could allow hackers to intercept email and other communications that are meant to be encrypted, the company said on Friday, and experts said Mac computers were even more exposed. If attackers have access to a mobile user's network, such as by sharing the same unsecured wireless service offered by a restaurant, they could see or alter exchanges between the user and protected sites such as Gmail and Facebook. Governments with access to telecom carrier data could do the same. "It's as bad as you could imagine, that's all I can say," said Johns Hopkins University cryptography professor Matthew Green. Apple did not say when or how it learned about the flaw in the way iOS handles sessions in what are known as secure sockets layer or transport layer security, nor did it say whether the flaw was being exploited. But a statement on its support website was blunt: The software "failed to validate the authenticity of the connection." Apple released software patches and an update for the current version of iOS for iPhone 4 and later, 5th-generation iPod touches, and iPad 2 and later. More»
Amwal Al Ghad English - 2014-02-20 13:22:47
Eng. Atef Helmy, Egyptian Telecom Minister has welcomed  Archil Dzuliashvili the Ambassador of Georgia in Cairo in Smart Village as during the meeting  they reviewed the various cooperation between the both countries in information and communication technology sector. The Ambassador asserted on Georgia’s interest in Egypt’s current situation as his country is currently working positively despite of all the challenges. Helmy confirmed that he realized the positive situation of Georgia regarding the ongoing developments in Egypt now. Presenting an overview of some of the priorities of the ministry, which focuses on creating  new jobs opportunities for youth in ICT field, and contribute in GDP by attracting direct investment to the Egyptian market. He added that ICT sector puts promoting the economic and governmental sectors in its priority, in order to provide decent life and improve the quality of services provided to citizens. More»
Amwal AL Ghad Engish - 2014-02-20 07:39:14
Facebook Inc will buy fast-growing mobile-messaging startup WhatsApp for $19 billion in cash and stock in a landmark deal that places the world's largest social network closer to the heart of mobile communications and may bring younger users into the fold. The transaction involves $4 billion in cash, $12 billion in stock and $3 billion in restricted stock that vests over several years. The WhatsApp deal is worth more than Facebook raised in its own IPO and underscores the social network's determination to win the market for messaging. Founded by a Ukrainian immigrant who dropped out of college, Jan Koum, and a Stanford alumnus, Brian Acton, WhatsApp is a Silicon Valley startup fairy tale, rocketing to 450 million users in five years and adding another million daily. "No one in the history of the world has ever done something like this," Facebook Chief Executive Mark Zuckerberg said on a conference call on Wednesday. Zuckerberg, who famously closed a $1 billion deal to buy photo-sharing service Instagram over a weekend in mid-2012, revealed on Wednesday that he proposed the tie-up over dinner with CEO Koum just 10 days earlier, on the night of February 9. More»
Amwal AL Ghad Engish - 2014-02-19 07:52:26
Vodafone (VOD.L) said on Wednesday shareholders would receive 0.026 shares in Verizon Communications (VZ.N) for each Vodafone share they own as part of their payout for the $130 billion sale of the group's stake in Verizon Wireless. The British company also said its shares would be consolidated on February 24 at the ratio of 6 new shares for 11 existing shares following the closure of the deal on Friday. As an illustrative example, based on share prices and exchange rates at the close of business on February 18, a Vodafone investor would receive proceeds of 72 pence in Verizon shares and 30 pence in cash for each share owned, the group said. More»
Amwal Al Ghad English - 2014-02-18 09:42:31
Apple Inc. (AAPL) will open its first Latin America store tomorrow in Rio de Janeiro, featuring the highest-priced iPhone of all nations listed on its website. Apple’s 16-gigabyte, contract-free iPhone 5s will sell for 2,799 reais ($1,174) in Brazil. That compares with $649 in the U.S. and 5,288 renminbi ($872) in China. The price of the iPhone 5s in Brazil, offered by authorized resellers, has jumped 17 percent since September on Apple’s website. Brazil marks the 15th country where Apple operates its own stores. Having lost market share to rivals including Samsung Electronics Co., Apple is expanding into Latin America, driven by saturation in the U.S. and the desire for growth in one of the world’s biggest smartphone markets, according to Neil Mawston, director of global wireless practice for Strategy Analytics. “The hype and shine around the Apple brand is not quite as strong as it was two or three years ago, so I wouldn’t expect as strong a buzz,” Mawston said by phone from London. “But it still should be quite an exciting launch for Apple, the country and the region as a whole.” Apple shares fell by less than 0.1 percent to $544.06 at 2:29 p.m. New York time after hitting their highest intraday level since Jan. 27 earlier today. More»
Amwal AL Ghad Engish - 2014-02-18 08:13:56
Hewlett-Packard Co's senior executives were aware of Autonomy Corp's accounting practices months before a whistle-blower flagged them, prompting HP to write down Autonomy, the Financial Times reported citing email records. Palo Alto, California-based HP has said it was a victim for having paid $11.1 billion to buy Autonomy in 2011. It took a writedown of $8.8 billion in November 2012, accusing Autonomy officials of accounting fraud. Autonomy's practice of selling hardware to clients at a loss had been documented by auditors and a report was provided to HP after it bought the British software maker, FT said. HP executives were included in communications about Autonomy's hardware sales before the whistle-blower brought the transactions to light, FT said, citing several emails. ( In an October 2011 email that Chief Executive Meg Whitman was copied on, Autonomy cited difficulties it was having in selling HP hardware, the newspaper reported. However, HP said that while it eventually learned about the hardware sales, it knew nothing of the accounting improprieties until the whistleblower came forward, FT said. Autonomy's former Chief Executive Mike Lynch and HP could not be immediately reached for comment by Reuters outside of regular business hours. More»
Amwal AL Ghad Engish - 2014-02-18 08:07:36
Sony Corp said it has sold 5.3 million Playstation 4 game consoles as of February 8, surpassing its full-year target ahead of its release in Japan next week. Sony had said that it hoped to sell 5 million units by the end of March after releasing the Playstation 4 on November 29 in the United States, Western Europe and Latin America and rolling it out across other Asian countries since then. The console will go on sale in Japan on February 22, the last country currently scheduled to handle the device. Microsoft Corp said in January that it had sold more than 3 million of its Xbox One console by the end of December after it was also released in late November. More»
Amwal Al Ghad English - 2014-02-17 14:27:49
H.E. Engineer Atef Helmy, Minister of Communications and Information Technology, accompanied by Medhat Khalil, Raya Holding Chairman and CEO, and Engineer Hazem Metwaly, Etisalat Chief Operations Officer, inaugurated Etisalat Egypt’s customer service center enabled by Raya Contact Center today in Maadi Contact Center Park. The inauguration comes in line with the strategic partnership between Etisalat Egypt and Raya Contact Center. This service expansion coincided with the inauguration of Raya Contact Center’s new facility in the International Maadi Contact Center Park.  Raya owns the leading contact center in the Middle East with more than 4, 000 seats that will be fully utilized by next year with an occupancy of 120%, creating 6, 000 job opportunities, of which 5, 000 are already employed. It is worth mentioning that Etisalat Egypt was launched in 2007 and was the first to introduce the third generation 3.5G to Egypt, which led to remarkable innovation in voice, digital and data services, as well as unprecedented speed. Etisalat also launched 3.75G which introduced higher speed facilitating video calls. One year ago, Etisalat Egypt assigned its customer service in Egypt to Raya Contact Center and has recently expanded its service to other countries. More»
Nayera Eid - 2014-02-17 13:42:04
The Egyptian Telecom Ministry is planning to launch 8 new buildings in Cairo Contact Centers Park in Maadi in order to provide 4500 direct job opportunities and 25 thousand indirect job opportunities within the current two years. Eng. Atef Helmy, Egyptian Telecom Minister asserted that the Ministry is working to finalize the eight building by financing from the Ministry, asserting that it was established Phase II of the new buildings in June 2013, in addition three new buildings that provide 20K direct and indirect job opportunities. Atef pointed out that the ministry is negotiating with UAE and Saudi Arabia investors to implement projects in Cairo Contact Centers after approving to invest in the region. He noted that Raya Holding co seeks to offer the project on the Supreme Authority for the partnership between the private and public sector which affiliated to the Finance Ministry to offer the project by PPP system. It is worth mentioning that Cairo Contact Centers Maadi-Park phase I was established in June 2010 and it located on an area of 75 feddan, this region was contributed in serving IT services abroad through the Egyptian and Global ICT firms specialized in outsourcing fields. More»