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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        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        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        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        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Egyptian Transport (EGYTRANS)   7.85        Sharkia National Food   3.78        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

Sameh el-feky - 2013-12-23 13:38:41
The Egyptian Information Telecommunications, Electronics & Software Alliance (Eitesal) cooperated with Alexandria Software & Information Technology Association (ASITA) for inaugurating its new headquarter which serving information technology enterprises in Alexandria governorate. Assem Wahby, Secretary General of Eitesal and Business Development Consultant ACT ‘System Integration’ said Eitesal’s participation in this important event comes in the framework cooperation between the two parties and the role which is playing by Eitesal for the civil society in order to exchange expertise between them. Wahby added that this step comes to support the enterprises in Alexandria and due to this cooperation, the services will be provided to the members of ASITA as they enjoyed the advantages and services. Wahby explained that ASITA includes 43 members and Eitesal has 370 members, the two associations are aiming to make ASITA has 150 members within two years through activating the cooperation between them and providing the necessary support for the emerging governorates. More»
Nayera Eid - 2013-12-23 10:03:05
The Information and Communication Technology (ICT) Ministry is aiming to obtain the Cabinet’s approval on the digital documentation project tender within two months with expected investments up EGP600 million. Eng. Mokbel Fayyad, CEO of Prosylab Company said the Cabinet agreed on the final conditions regarding the digital documentation project for databases, pointing out that the Ministry will review the project on the Cabinet in order to approve on it before offering the last tender. Fayyad has informed Amwal Al Ghad that the project will be offered by PPP system, noting that Small and Medium Enterprises (SMEs) will be alliances to compete in the projects of the same type. He pointed out that the firms will depend on financing the project on the banking loans in cooperation with the National Bank of Egypt (NBE), Ahli United Bank(AUB), Social Fund for Development (SFD) which signed protocol with Information Technology Industry Development Agency (ITIDA) in 2013 to provide financing up EGP450 million for SMEs. Eng. Atef Helmy, Egyptian ICT Minister asserted that the Ministry will focus on the national projects which will be implemented through PPP system and at the top of projects the Digital Documentation in cooperation with Notary Public office and the technological zones. More»
Amwal Al Ghad English - 2013-12-23 09:31:47
Apple Inc said it has signed a long-awaited agreement with China Mobile Ltd to sell iPhones through the world's biggest network of mobile phone users. In a deal that could add billions of dollars to its revenue, Applesaid its smartphones will be available to China Mobile customers starting January 17. Pricing and availability details for the iPhone 5S and 5C lines will be disclosed at a later date, it said in a statement. China Mobile, which has about 760 million customers, will begin registering orders for iPhone from December 25, the company said on its account on the Sina-Weibo micro-blogging service. The tie-up provides a much-needed boost for Apple in a country where it's trailing rivals, even though China is its second-largest market after the U.S. It will also give Apple extra firepower in its intensifying global competition with South Korea's Samsung Electronics Co Ltd. Apple didn't disclose financial terms of the agreement. Tim Cook, Apple's chief executive, said in its statement that China is an extremely important market for the Cupertino-based company. In a country where smartphone sales are booming, Apple has trailed its competitors. Shipments of iPhones in the country grew 32 percent year-on-year for the third quarter, about half of China's Lenovo Group Ltd, which had the next slowest growth at 64 percent year-on-year. SAMSUNG BATTLE China Mobile could gain 17 million new iPhone activations in 2014 alone, according to research firm Forrester - more than the 16.8 million iPhones Apple sold in mainland China for the 12 months ended September, according to Forrester data. But after an expected initial surge, Apple is likely to find itself back in a costly marketing battle with Samsung Electronics. The deal has been years in the making, with numerous visits by Apple to the state-owned carrier's Beijing headquarters. Negotiations have been tricky, in part because of disagreements over details like revenue-sharing, analysts have said. China Mobile was the only Chinese carrier not to offer customers the iPhone up to now due to compatibility issues with the carrier's 3G wireless technology, known as TD-SCDMA. On December 4, Chinese regulators awarded 4G wireless licenses to China Mobile Ltd, China Unicom Hong Kong Ltd and China Telecom Corp Ltd, removing the final stumbling block to a deal that industry observers had long expected. The latest iPhone models support 4G technology known as TD-LTE. China Mobile estimates it does already have about 45 million iPhone users on its network. But these subscribers can only use the company's slower 2G wireless speeds because of the incompatibility with its proprietary 3G technology. Shares of Apple closed at $549.02 in New York on Friday. In Hong Kong, China Mobile shares were up 1.3 percent at midday on Monday, outperforming the broader Hang Seng index which was up 0.7 percent. More»
Amwal Al Ghad English - 2013-12-22 13:23:18
Sector received sales Telecom Egypt (TE)(ETAL-CA) obtained the ISO global ISO 9001 - 2008 in the framework of the efforts of continuous improvement in customer service ,follow international quality standards ,focus on the needs and requirements of the client and put it in the first place, said Mohamed Nawawi, CEO and Managing Director of TE. He referred to get the sales sector such as testimony, this is an important step in the direction towards becoming an integrated communications provider, where the company believes that the most important characteristic of that period if the transition to an integrated operator is to provide Jamea telecommunications services needed by the client (fixed, mobile, Internet) one place and an efficient and high quality, which required more effort and the development of management and employees in improving the working environment within the sector sales, as it comes in line with the company's strategy to enhance the performance and raise the efficiency of workers who represent a treasure human enormous characterized by TE. He explained that the sector sales is the latest sectors that received the ISO, where he obtained 22 sectors of the company during the last period. This achievement the result of effort great his team members sector, and that such testimony will contribute to increasing the efficiency of sector sales and improve quality services provided by the company to its customers which is reflected directly on comfort and customer satisfaction and increases their confidence in the company's services, especially as Telecom Egypt on their way to shift to an integrated operator provides all communications services at the best level of quality.
Amwal Al Ghad English - 2013-12-22 08:57:31
BlackBerry Ltd. (BBRY)’s five-year deal to outsource smartphone production to Foxconn Group is jump-starting its transformation into a services provider, pleasing investors who were looking for a smaller, nimbler company. BlackBerry announced plans yesterday for Foxconn to make its phones at plants in Indonesia and Mexico, sending the shares up 16 percent, the biggest one-day gain in more than four years. The move will help the struggling company cut production spending and avoid the kind of inventory gluts that contributed to a $4.6 billion writedown last quarter. Since BlackBerry’s attempt sell itself faltered last month, some investors and analysts have pushed the company to get out of the money-losing business of making handsets. While yesterday’s move doesn’t jettison the operation or guarantee a return to profitability, it helps BlackBerry refocus on services and software -- products that earn higher margins and can be sold to customers regardless of what kind of phone they use. More»
Nayera Eid, Sameh El-Feki - 2013-12-21 13:02:37
Smart Villages Development and Management Company is intending to launch ‘Smart Village’ in New Damietta during the first quarter of 2014. Dr. Adel Danish, Chairman of Smart Villages Co., & CEO of Xceed said the company is targeting to put clear scheme regarding the region and the way of implementing the buildings, pointing out that the Smart Village will focus on the industries which distributing in Damietta, such as the furniture industry. Danish has informed Amwal Al Ghad that the company will expand to build hybrid buildings ‘administrative and commercial’, adding that it is intending to establish a number of small commercial centers entire Damietta Smart Village. He noted that the current geographic region will allow for Damietta Smart Village to make the best use of the global trade movement which coming from Africa via the Nile River passing through the Mediterranean. Smart Village is aiming to support more developments and economic growths throughout the new headquarter by establishing Damietta Smart Village so as to serve the business and Small and Medium Sized Projects. More»
Amwal Al Ghad English - 2013-12-21 08:16:36
SoftBank Corp. (9984) Chief Executive Officer Masayoshi Son is exploring a deal for Sprint Corp. (S) to buy the majority of T-Mobile US Inc. (TMUS) in 2014 and has discussed financing a bid with banks such as Credit Suisse Group AG, Mizuho Bank Ltd. and Goldman Sachs Group Inc., people familiar with the matter said.Son, who is looking for about $20 billion to finance a bid, has also met with Deutsche Bank AG and JPMorgan Chase & Co., while receiving advice from the Raine Group LLC, said the people, who asked not to be identified because the discussions are private. Those six banks are the same ones that helped finance and advise on SoftBank’s purchase of Sprint. The plan would be to take control of T-Mobile by paying cash for the 67 percent stake owned by Deutsche Telekom AG (DTE), said the people. Sprint would then be integrated with T-Mobile, combining the third- and fourth-largest U.S. wireless carriers. Deutsche Telekom has said that it’s prepared to sell its $16 billion stake in T-Mobile, which has mostly been an unprofitable U.S. outpost for the German phone giant. More»
Amwal Al Ghad English - 2013-12-21 08:25:02
Oracle Corp, the world's No. 2 business software maker, said it would buy web-based marketing software maker Responsys Inc for about $1.39 billion to bolster its cloud computing offerings. Oracle, led by billionaire Larry Ellison, has been focusing on cloud software to fend off competition from nimbler rivals such as and Workday Inc, which offer web-based products at prices that often undercut Oracle. Four-decade-old Oracle, which came late to cloud computing, has created sales teams targeting specific cloud competitors and is trying to be a one-stop shop for operating systems, databases and software programs over the Web. Responsys makes cloud-based software that businesses use to manage their marketing campaigns across e-mail, mobile and the Internet. Its customers include LinkedIn, Southwest Airlines, and United Healthcare. "(The Responsys acquisition) further expands the company's cloud initiative, which remains a key ingredient to Oracle's recipe for success over the coming years," FBR Capital Markets analysts Daniel Ives said in a note to clients. More»
Amwal Al Ghad English - 2013-12-21 08:22:53
BlackBerry Ltd said on Friday it was entering a handset production deal that lowers the risk it will have to take more massive writedowns on unsold smartphones, and its shares surged even though it posted dismal quarterly results. The stock rose as much as 17 percent after the company announced the five-year partnership with Taiwan's Foxconn Technology Co Ltd, which will initially build low-end devices for sale in Indonesia and other emerging markets. BlackBerry said it hoped to expand the fledgling relationship to its top-of-the-line smartphones. The deal is unconventional in that BlackBerry will no longer pay upfront for components used in the devices made on its behalf in Foxconn's Indonesian and Mexican factories. Instead, Foxconn will take a share of profit on each device in return for taking on inventory management, which can result in writedowns if smartphones go unsold. Foxconn will also help with developing, designing and distributing the handsets. Chief Executive John Chen, who took the helm at BlackBerry last month, said he expected the Foxconn deal to help BlackBerry's handset business turn cash-flow positive, and for the company as a whole to post a profit for the fiscal year that begins in early 2015. More»
Amwal Al Ghad English - 2013-12-21 08:16:19
AT&T Inc will join rival Verizon Communications in disclosing details on government requests for customer data starting in 2014, after investors called on the two largest U.S. carriers to reveal more about controversial spying operations. New York-based Verizon, the second-largest U.S. telephone company by revenue, unveiled its move on Thursday following pressure from activist investors concerned about the extent of network operators' roles in systematic government surveillance. "Like Verizon recently announced, we intend to publish a semi-annual online report that will provide information on the number of law enforcement requests for customer information that our company receives in the countries in which we do business," AT&T said in a statement on Friday. Investors, including Boston's Trillium Asset Management and the New York State Common Retirement Fund, publicly pushed Verizon and AT&T last month to disclose details on their sharing of customer information with government agencies. The carriers' moves come days after a White House-appointed panel proposed curbs on various U.S. National Security Agency operations, including a halt to bulk collection of phone call records. More»