amwalalghad :: Tech news

Your English Portal To Arab Economy

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        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        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 - 2016-05-23 09:34:15
Egypt Post has a portfolio of investments totalling around 174 billion Egyptian pounds (US$19.6 billion), its chief executive Essam El-Sagheer announced Sunday. The investments include 102 billion pounds contributed to the country’s state-run National Investment Bank (NIB), he added. El-Sagheer made these remarks during a press conference held in Smart Village on Sunday, saying that more investments would be employed in various financial portfolios in accordance with the market needs. More»
Amwal Al Ghad English - 2016-05-23 08:55:25
From the way it chooses smartphone components to the models it brings to market, Samsung Electronics has undergone a painful process of breaking from its past to reverse a slide in its handset business. For example, the world's largest smartphone maker agonized over camera specs for its flagship Galaxy S7 until the last moment - ultimately defying industry convention by opting for fewer pixels in exchange for improved autofocus features and low-light performance, a move that contributed to early success. It also pared back its product line-up, overcoming internal resistance, enabling it to streamline production, an executive said. The handset business has now stabilized, and had its best profit in nearly two years in January-March, though historically low smartphone industry growth still leaves Samsung looking for the "next big thing". More»
Amwal Al Ghad English - 2016-05-23 08:23:41
Half of the European Union's member states on Monday called for the removal of barriers to the free flow of data both within and outside the 28-nation bloc to ensure the continent can benefit from new data-driven technologies. In a letter to the European Commission and the Netherlands - which holds the rotating EU presidency - ministers from countries including Poland, Britain, Sweden and Finland urged Brussels to make sure regulation is not a barrier to the development of data-driven technologies and to avoid one-size-fits-all rules for online platforms such as Amazon and Facebook. "It is vital for European competitiveness to take a positive approach to new advancements in digital technologies and business models," wrote the ministers from Belgium, Britain, Bulgaria, Czech Republic, Denmark, Estonia, Finland, Ireland, Latvia, Luxembourg, Lithuania, Poland, Slovenia and Sweden. More»
Amwal Al Ghad English - 2016-05-23 07:57:12
Japan's Toshiba Corp said on Monday it would more than halve its capital base - a move that comes in the wake of a $1.3 billion accounting scandal last year. It will cut its capital to 200 billion yen ($1.8 billion)from 439.9 billion yen to plug a deficit in its earnings reserves on its balance sheet after posting huge losses, it said. The capital reduction will be subject to shareholders' approval and would be effective July 31, the embattled industrial conglomerate said in a statement. The company also said that it was correcting its earnings results for the year that ended in March. Its operating loss came to 708.7 billion yen, compared with the 719.1 billion yen loss announced earlier this month. More»
Amwal Al Ghad English - 2016-05-23 07:36:27
The International Association of Machinists and Aerospace Workers trumpeted an agreement reached earlier this month to represent New York Uber drivers, saying it "gives organized labor an opportunity to shape the new economy in a way that supports and values workers and their families." But not everyone in the U.S. labor movement is cheering. The deal falls short of actual union representation, and it has revealed sharp divisions among labor advocates about how to address a central reality of the so-called gig economy: The classification of workers as independent contractors rather than employees. Under the terms of its agreement with Uber Technologies Inc, the Machinists will form an “Independent Drivers Guild” that will be able to intervene with the company on behalf of wrongly terminated drivers and negotiate for benefits, such as disability insurance and roadside assistance. More»
Amwal Al Ghad English - 2016-05-22 13:18:19
Egypt’s Software Engineering Competence Centre (SECC) is organising this month the second edition of Africa and Middle East Conference on Software Engineering, AMECSE 2016 in Cairo. SECC is part of the Information Technology Industry Development Agency (ITIDA), the IT arm of the Egyptian Ministry of Communications and Information Technology.  In cooperation with Association for Computing Machinery ACM, the two-day event will take place on May 28th. Africa and Middle East Conference in Software Engineering (AMECSE) is the first conference specialised in studying the deployment of software engineering to solve joint challenges. Egypt took the lead to host the AMECSE 2014 that was held on October 2014. More»
Amwal Al Ghad English - 2016-05-21 13:57:55
The Intel Bibliotheca Alexandrina Science and Engineering Fair (Intel BASEF) teams won two of the top positions in the 2016 International Science and Engineering Fair (Intel ISEF). The competition was held from 8 to 13 May 2016 in Phoenix, Arizona, USA. The Egyptian teams competed against 1,750 students from around the world in the biggest Science and Engineering Fair for pre-university, 14–18 year old students. The Egyptian team that participated in Intel ISEF comprised 17 students from all over Egypt. Their participation was organized by the BA Planetarium Science Center, in collaboration with Intel Egypt and the Ministry of Education, and was sponsored by the Academy of Scientific Research and Technology (ASRT) and the U.S. Consulate General. The 10 qualified projects from Intel BASEF won several awards and acquired international recognition of scientists from all over the world, including Nobel laureates in various fields of science. More»
Amwal Al Ghad English - 2016-05-21 13:03:06
A San Francisco-based company has won a U.S. government-sponsored competition with an alcohol monitoring devices that can be worn on the wrist, the latest milestone in the development of wearable technologies that monitor and diagnose medical conditions. BACtrack, a privately held medical device maker, took the $200,000 top prize in the National Institutes of Health (NIH) Wearable Biosensor Challenge on Thursday with its wristband monitor, which measures blood alcohol levels via sweat on the skin. The product, dubbed BACtrack Skyn, has not yet been submitted to the Food and Drug Administration for marketing approval. Dr. George Koob, head of the NIH's National Institute on Alcohol Abuse and Alcoholism, said he expected the device to be a valuable resource for alcohol research community. More»
Amwal Al Ghad English - 2016-05-21 11:59:48
The Minister of Communications and Information Technology Yasser ElKady met Friday  with Hong Kong Deputy Government Chief Information Officer Victor Lam, PCCW Global Group Managing Director Alex Arena and other officials specialized in networking, consulting and big data centers. The meeting  took place upon conclusion of the minister’s official visit  to discuss means of cooperation between the two countries in the areas of the fourth generation (4G), technology parks, outsourcing projects and other issues of common interest. During the meeting, ElKady reviewed the latest developments in the Egyptian ICT sector, especially the determination of the Egyptian government to launch the 4G licenses. This is in addition to discussing means of boosting cooperation between the two countries in the fields of financial inclusion, supporting small and medium-sized enterprises, e-commerce, cyber security and regulations governing communications, whether in Egypt or Hong Kong to enhance and support the protection of data privacy. More»
Amwal Al Ghad English - 2016-05-21 08:30:33
When Apple Inc CEO Tim Cook meets Indian Prime Minister Narendra Modi this weekend as part of an Asian tour aimed at boosting sales, he will sit down with a man whose penchant for a selfie - often using his gold iPhone - can get him into trouble. Modi breached electoral rules when he photographed himself holding his party's symbol of a lotus flower immediately after casting his vote in the 2014 general election, one of the many selfies he regularly takes with his Apple phone. Cook meets the 65-year old prime minister in New Delhi on Saturday, and will be hoping Modi's enthusiasm for phones can help Apple as it tries to bolster sales in India. While smartphone usage is surging as the middle class swells, most Indians still can't afford Apple's iPhones and the company has only about 2 percent market share in a country where 100 million phones were sold last year. Apart from snapping the usual selfie, Modi is likely to tell Cook that if Apple wants to sell more phones in India, it should make them there, and help the prime minister realize his ambition of turning the country into a manufacturing powerhouse. More»