amwalalghad :: Tech news

Your English Portal To Arab Economy

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        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Orascom Telecom Holding (OT)   3.92        Rakta Paper Manufacturing   4.39        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        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Heliopolis Housing   21.65        United Housing & Development   8.93        Raya Holding For Technology An   4.57        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        National Development Bank   6.72        Six of October Development & I   15.03        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        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        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 - 2016-08-08 09:14:17
Banque Saudi Fransi, a leading provider of comprehensive commercial banking and wealth management services in the Kingdom of Saudi Arabia, has gone into  partnership with global cybersecurity company Kaspersky Lab, to provide better protection to their online and mobile banking users and to raise the level of security awareness among its clients. In line with its ‘Banque of Excellence’ strategy, Banque Saudi Fransi is offering the Kaspersky Total Security multi-device product to its online banking customers free of charge,  as a proactive measure for protecting their personal devices from viruses and other malware infections. Customers can log in to their online banking account through FransiPlus, BSF online banking services, to get the product activation code which can be used to activate Kaspersky Total Security in 3 devices and is valid for 2 years. More»
Amwal Al Ghad English - 2016-08-08 09:01:46
"Pokemon Go" has raked in $200 million in net revenue globally on the App Store and Google Play in its first month, beating other top-earning games such as "Candy Crush" and "Clash Royale", according to the latest research. App intelligence firm Sensor Tower crunched the numbers on the first 30 days of the viral game where players have to hit the streeets and catch Pokemon. Sensor Tower found that at the point when the game was launched in Japan on July 22, revenue growth accelerated significantly. As a comparison, "Clash Royale", which was released in early March, earned just under $125 million in its first 30 days. "Clash Royale" was made by Supercell, the company behind "Clash of Clans" which was recently bought by Chinese internet giant Tencent for $8.6 billion. More»
Amwal Al Ghad English - 2016-08-08 08:14:31
Japan's Fair Trade Commission has raided the office of Amazon Japan on suspicion of pressuring retailers to offer products on more favorable conditions than on rival sites, the Nikkei business daily reported on Monday. The paper did not say when the raid took place. Amazon Japan is suspected of imposing conditions on retailers such as forcing them to sell products at a lower price if they were also advertising on other online shopping sites, the Nikkei said, citing sources with knowledge of the case. A Fair Trade Commission spokesman said he could not confirm the report but added: "I won't say the contents are incorrect." More»
Amwal Al Ghad English - 2016-08-08 07:22:03
The board of Telecom Egypt , the country's landline monopoly, gave its final approval on Sunday for plans to buy a fourth-generation mobile phone licence, a senior source at the company said. The source told Reuters that Telecom Egypt would pay the full amount requested by the regulator for one of four 4G licences the government is selling as part of a shake-up of the sector. The source did not give the price. The reforms will potentially allow Telecom Egypt, which owns a 45 percent stake in Vodafone Egypt , to enter the mobile phone market directly. They could also allow Egypt's three mobile operators to offer fixed-line services, ending Telecom Egypt's dominance. Egypt's telecom regulator has directly offered 4G licences to the three companies currently offering mobile services - Orange Egypt , Vodafone Egypt, and Etisalat -- as well as to Telecom Egypt. Only Orange Egypt has disclosed the price it has been offered to obtain the licence -- about $400 million. More»
Amwal Al Ghad English - 2016-08-07 14:59:54
Telecom Egypt (ETEL.CA) announced Sunday that it will disclose its financial results for the first half of the year on Thursday, according to a bourse filing. The disclosure will be made before the start of Thursday’s trading session in Cairo and London bourses, the filing added. The company post net profit of 1.2 billion Egyptian pounds ($135.2 million) in the first quarter of 2016, compared with 556.1 million pounds for the prior-year quarter. On the other hand, TE declined to perform any monopolistic practices asserting that it submitted a request of reconcile with the Egyptian Competition Authority (ECA) regarding its violation of Article 8 of the law on the Protection of Competition and Prohibition of Monopolistic Practices. More»
Amwal Al Ghad English - 2016-08-07 13:20:55
The world’s top business magazine, Forbes Middle East revealed its list of top 20 Egyptian Startups. It compiled the list through questionnaires shared amongst some of the ecosystem's major players, and evaluated each startup based on their potential global and regional appeal, quality of investors, and the amount of funding raised. The list included companies like Eventtus, Edfa3ly, IFix, and others. Instabug, founded by Moataz Soliman and Omar Gabr ranked first; a startup specialised in defining systemic malfunctions in applications. Instabug worked with clients like Yahoo, PayPal, Soundcloud, and; it will soon have an office in San Francisco. Yaoota, founded by Sherif El Rakabawy and Mohammed Ewis, came second in the list. More»
Amwal Al Ghad English - 2016-08-07 12:45:12
Representing more than 1000 ICT firms in the country, Egypt’s Chamber of Communications Information Technology (CIT) has submitted a formal request to exclude computer, databases, digital content and internet websites from value-added taxation. The request was submitted to the Egyptian parliament’s budget and planning committee to exclude computer, databases, digital content and internet websites from value-added taxation. The CIT said in an official statement on Sunday it was in ongoing meetings with the Egyptian Tax Authority (ETA) to request a VAT exemption and add a new list of tax-exempt items that includes tech and digital products. More»
Nayera Eid - 2016-08-06 17:15:55
Telecom Egypt said on Thursday that all communication and internet services were 100 percent restored after reporting earlier this day a double cut in two internet linking cables of (Al Rawda-Beni Suef) and (October-Fayoum). This caused an internet lag and also affected mobile calls quality in a number of Upper Egypt cities. TE had immediately formed a specialised work team that largely managed to fix the damaged cables and recover all internet services in affected areas along with the company’s crisis management centre. More»
Amwal Al Ghad English - 2016-08-06 14:46:05
Electronics giant Apple has been granted permission to sell energy generated at its $850m (£645m) solar farm in California. Last year, the tech firm acquired a 2,900-acre power facility in Monterey County, giving it 130 megawatts of solar energy capacity. Now it has the go-ahead to sell that energy into wholesale markets. Apple said renewable energy generated at the site could power 60,000 California homes. One expert says power generated from solar farms is not consistent. More»
Amwal Al Ghad English - 2016-08-06 13:04:42
Authorities in Iran have banned the Pokemon Go app because of unspecified "security concerns". The decision was taken by the High Council of Virtual Spaces, the official body overseeing online activity. Iran follows a number of other countries in expressing its worries over security related to the game. But it becomes the first country to issue a ban of Pokemon Go, that challenges players to visit real-world locations to catch cartoon monsters. Despite restrictions on internet usage Iranians on social media have discussed playing Pokemon Go in recent weeks. More»