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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        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        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        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        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

Yomna Yasser - 2014-12-24 10:35:47
China's Alibaba Group Holding Ltd, the world's largest e-commerce company, spent over 1 billion yuan ($160.7 million) combating fake goods and for improving customer protection from the beginning of 2013 to the end of November, the firm said Tuesday. "From Alibaba Group's perspective, we bear a serious responsibility in this fight against counterfeits," said Alibaba Chief Executive Jonathan Lu in a statement. Alibaba has been tackling counterfeit products with greater aggression in recent years, particularly in the run up to its record-setting $25 billion listing in New York in September. A prevalence of counterfeits could hurt its ability to win over customers, investors and U.S. retail partners, the company said in its IPO prospectus. Just a few years ago Alibaba's businesses were listed on the U.S. Trade Representative's list of "notorious markets" for intellectual property (IP) infringement. But online fakes are still a big problem in China. In November, Chinese e-commerce companies held the annual Singles' Day online shopping festival, created by Alibaba and featuring many discounted products. That day, Alibaba reported more than $9 billion in sales. The official State Administration of Industry and Commerce (SAIC) conducted an investigation on counterfeits on Singles' Day. It found 10.6 percent of the goods that it bought online from various vendors and platforms were fake or highly suspicious. More»
Amwal Al Ghad English - 2014-12-24 10:09:41
Sony Corp. has been exploring the sale of its Sony/ATV Music Publishing unit, the company’s recently leaked internal emails suggest. The music publisher, co-owned by Sony SNE, +0.38% and the estate of the late pop star Michael Jackson, is the world’s biggest and is highly profitable, according to people familiar with the matter. Estimated to be worth between $1.5 billion and $2 billion, it owns the copyrights to most of the Beatles’ songs, among thousands of others. It was unclear from documents reviewed by The Wall Street Journal whether Sony is considering selling just its stake in the venture, or whether the whole unit might be put up for sale. Also unclear was the price Sony expects the publishing business to fetch, or when the company might try to sell it. Spokesmen for Sony and Sony/ATV declined to comment. For Sony, the potential sale would represent an easy and logical way to raise cash to prop up its long-struggling electronics division, according to a person familiar with the company’s thinking. Sony posted a $1.2 billion net loss for the quarter ended Sept. 30. The possible sale of Sony/ATV was mentioned in emails last month between top Sony executives. The emails were among the thousands of documents leaked several weeks ago by hackers trying to stop the release of the Sony Pictures film “The Interview,” a lowbrow comedy about a plot to assassinate North Korean leader Kim Jong Un. U.S. officials have blamed the cyberattack on North Korea, and President Barack Obama last week promised a “proportional response.” North Korea temporarily lost Internet connectivity Monday, though the U.S. hasn’t taken responsibility for the outage. More»
Amwal Al Ghad English - 2014-12-23 09:39:57
Apple Inc has pushed out its first-ever automated security update to Macintosh computers to help defend against newly identified bugs that security researchers have warned could enable hackers to gain remote control of machines. The company pushed out the software on Monday to fix critical security vulnerabilities in a component of its OS X operating system called the network time protocol, or NTP, according to Apple spokesman Bill Evans.NTP is used for synchronizing clocks on computer systems. The bugs were made public in security bulletins on Friday by the Department of Homeland Security and the Carnegie Mellon University Software Engineering Institute. Carnegie Mellon identified dozens of technology companies, including Apple, whose products might be vulnerable. When Apple has released previous security patches, it has done so through its regular software update system, which typically requires user intervention. The company decided to deliver the NTP bug fixes with its technology for automatically pushing out security updates, which Apple introduced two years ago but had never previously used, because it wanted to protect customers as quickly as possible due to the severity of the vulnerabilities, Evans said. "The update is seamless," he said. "It doesn’t even require a restart." Apple does not know of any cases where vulnerable Mac computers were targeted by hackers looking to exploit the bugs, he added. More»
Amwal Al Ghad English - 2014-12-23 09:36:07
Google Inc. was just messing with you when it unveiled an early prototype of its self-driving car in May. The cartoonish miniature vehicle (which you can see here) didn’t even have real headlights. But the robotic car just got real. So real, in fact, it is set to hit the streets of Silicon Valley next year. The Mountain View, Calif.-based company announced Monday that the newest prototype of its autonomous car is a fully functional vehicle, replete with the steering, brakes, lights, software and sensors needed to make it Google’s first complete prototype for full autonomous driving. “We’re going to be spending the holidays zipping around our test track, and we hope to see you on the streets of Northern California in the new year,” Google said. Google said its so-called “safety drivers” will continue to oversee the vehicle on the test track for a “while longer,” using temporary manual controls as required by California law to intervene if and when necessary. Google GOOGL, +2.36% plans to eventually remove the temporary steering wheel and manual controls once given the green light. The test track enables safety drivers to put the car through a variety of tests on a number of terrains, including mocking busy city streets with traffic lights, construction zones — even wobbling cyclists. Google hasn’t shared an update on the self-driving car project since mid-September when it began integrating the “self-driving” features of the car, such as the software and sensors. Since then, it has been focusing on adding finishing touches such as interior buttons that make it more driver friendly. Shares of Google edged up 2% to $530.45 in recent trade. More»
Nayera Eid - 2014-12-21 13:30:24
Vodafone Egypt Foundation has spent around 250 million Egyptian pounds (around US$35 million) on four projects to contribute to the development of Egypt, chairman Mohamed Henna said on Sunday. The 250 million pounds were disbursed in favour of four developmental projects; Knowledge is Power (Illiteracy Eradication Initiative), Madrasty (My School) Initiative, Vodafone Academy for Youth, and Electronic Library for People with Visual Disabilities. Vodafone Egypt’s Madrasty Initiative, the award winning of the Best Community Program Award, aims at providing a better educational environment for children in public primary schools while introducing capacity building activities to school teachers. The initiative succeeded in renovating 300 schools in 27 governorates. Vodafone Egypt Foundation was established in 2003 as a non-profit foundation registered at the Ministry of Social Solidarity. The Foundation is funded by Vodafone Egypt and Vodafone Group Foundation to support in driving social change and improved living through the innovative use of mobile technology for development (Mobile for Good). It is considered one of 26 Vodafone Foundations around the world. Vodafone Egypt Foundation reflects Vodafone’s commitment to acting responsibly and contributing to the development of Egypt. Vodafone Egypt Foundation is among 23 Vodafone Foundations around the world and is part of Vodafone's commitment to be a responsible global citizen and member of society. The Foundation is driven by Vodafone's strategic goal of being a leading responsible business by engaging in various forms of social investment aiming at improving the livelihood for marginalized people in Egypt. Vodafone Egypt Foundation implements all its projects through NGOs by granting funds to implement projects in addition to in-kind and volunteering support by Vodafone Egypt employees. More»
Amwal Al Ghad English - 2014-12-20 07:37:14
BlackBerry Ltd (BB.TO) is working with Boeing Co (BA.N) on Boeing's high-security Android-based smartphone, the Canadian mobile technology company's chief executive said on Friday. The Boeing Black phone being developed by the Chicago-based aerospace and defense contractor, which is best known for jetliners and fighter planes, can self-destruct if it is tampered with. The Boeing Black device encrypts calls and is aimed at government agencies and others that need to keep communications and data secure. "We're pleased to announce that Boeing is collaborating with BlackBerry to provide a secure mobile solution for Android devices utilizing our BES 12 platform," BlackBerry CEO John Chen said on a conference call held to discuss its quarterly results. "That, by the way, is all they allow me to say." The BlackBerry Enterprise Service, or BES 12, will allow clients such as corporations and government agencies to manage and secure not just BlackBerry devices on internal networks, but those that run on rival operating systems such as Google's (GOOGL.O) Android and Apple's (AAPL.O) iOS. The Boeing phone uses dual SIM cards to enable it to access multiple cell networks and can be configured to connect with biometric sensors and satellites. Boeing has begun offering the phone to potential customers. More»
Wael Al Toukhy - 2014-12-18 13:50:50
Microsoft Corporation plans to upgrade and modernise the infrastructure of the educational system in Egypt, General Manager of Microsoft Egypt Khaled Abdel Kader announced on Thursday. According to Abdel Kader, Microsoft Egypt’s educational project will be in cooperation with the Egyptian government. He further added that Microsoft reviewed the project with Egyptian Prime Minister Ibrahim Mahlab and Minister of Education Mahmoud Abo El Nasr. Yet, the project is still under study waiting for the government’s approval to start working on it, he added. "The project aims to provide various educational services for students in Egypt" Abdel Kader said, pointing out that the project aims to absorb the educational capacity of the Egyptian Ministry of Education, which is 18 million students and 40.000 schools. He added that Microsoft's educational contributions are non-profitable as it seeks to add a value to achieve a landmark change in the country’s education and E-learning sectors. Microsoft's targets connecting the educational system to the most up-to-date technology. More»
Amwal Al Ghad English - 2014-12-17 08:41:01
Apple Inc (AAPL.O) won an antitrust trial on Tuesday when a U.S. jury decided the company did not act improperly when it restricted music purchases for iPod users to Apple's iTunes digital store. The verdict was read in an Oakland, California federal court. The plaintiffs, a group of individuals and businesses who purchased iPods from 2006 to 2009, sought about $350 million in damages from Apple alleging the company unfairly blocked competing device makers. Patrick Coughlin, an attorney for the plaintiffs, said "the jury called it like they saw it." In a statement, Apple applauded the verdict. "Every time we've updated those products — and every Apple product over the years — we've done it to make the user experience even better," the company said. Jurors deliberated for only a few hours on the sole question of whether the update had benefited consumers. Under U.S. law, a company cannot be found anticompetitive if a product alteration was an improvement for customers. More»
Wael Al Tokhy - 2014-12-16 14:02:38
Egypt-based e-recycling company NTG, is participating today participates in a seminar “Towards Clean and Safe Disposal for E-waste”.  The event is organized by the state-owned Egyptian Natural Gas Holding Company (EGAS). NTG Company is a subsidiary of the Egyptian Electronic Recycling Co. (EERC). Ahmed Salem - NTG Chairman – said the company's participation in EGAS’s seminar comes as part of its efforts to organise disposal for e-waste in Egypt. He pointed out that the company would address the environmental and health risks caused by the e-wastes of the country’s information and communication technology sector. It would also tackle e-waste recycling and reusing in manufacturing small electronic circuits and others. Speaking to Amwal Al Ghad on Tuesday, Salem said NTG seeks to cooperate with the participant companies, aiming to spread the national awareness about the risks of e-wastes. Around 60 companies, most of them represent energy and petroleum sectors, are taking part in the seminar.Electronic waste or e-waste describes discarded electrical or electronic devices. Used electronics which are destined for reuse, resale, salvage, recycling or disposal are also considered as e-waste. Informal processing of electronic waste in developing countries may cause serious health and pollution problems, as these countries have limited regulatory oversight of e-waste processing. More»
Amwal Al Ghad - 2014-12-16 07:01:05
Sony Pictures Entertainment advised its current and former employees to be on the alert for fraudsters looking to use their stolen data, which included detailed personal information. In what is Sony's most detailed description on the types of data stolen, the company listed information such as social security numbers, credit card details, bank account information, healthcare information and compensation and other employment-related information. Hackers attacked Sony's computer network last month and released sensitive data over the Internet. A group calling itself Guardians of Peace claimed responsibility for the cyber attack that shut down most of the studio's network for more than a week. More»