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        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        Canal Shipping Agencies   7.39        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        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 - 2014-03-11 09:41:53
Microsoft Corp is betting on making sci-fi combat game "Titanfall" a hit big enough to boost sales of its Xbox One videogame device, helping it catch up in terms of sales with rival Sony Corp's PlayStation 4 console. Retailers are gearing up to get in on the buzz that has built up around the release of the game, one of the most anticipated new products for the latest version of the Xbox, by hosting over 6,000 midnight launch events worldwide. On sale from Tuesday exclusively for the Xbox One and personal computers, the $60 game allows players to go toe-to-toe as soldiers, or take control of giant robots in a war-torn urban setting. "We're making a big bet that 'Titanfall' is going to be a blockbuster launch for Xbox," Yusuf Mehdi, head of marketing and strategy for Microsoft's Xbox group, said in an email interview. More»
Amwal Al Ghad English - 2014-03-11 08:29:49
Chinese PC maker Lenovo Group Ltd said it was up to IBM to resolve a wildcat strike at a China-based factory, as a deal to buy the U.S. company's server business had yet to be finalized. More than 1,000 workers went on strike last week to protest over the terms of their potential transfer to Lenovo, which said in January it would buy one of the server businesses of International Business Machine (IBM) for $2.3 billion. In a statement posted on its website late on Monday, Lenovo said the strike was an internal matter for IBM but it also pledged to maintain the salaries and benefits of all workers that chose to stay with the company after the deal is completed. "Lenovo and IBM are two independent companies. Any integration between Lenovo and IBM's x86 server department will not be conducted until the deal is closed," the statement said. "To ensure a smooth transition, Lenovo is committed to provide opportunity for all employees from IBM's x86 server department who transfer to Lenovo, without any reduction of their wages and benefits," it added. More than 7,500 IBM employees in more than 60 countries were expected to transfer to Lenovo once the deal is completed, Lenovo said. The workforce was a "great asset" and part of the reason for the acquisition, it added. The striking workers also had expressed concern about their severance package if they decided to leave after the deal, which is awaiting regulatory and government approval. The IBM strike fits a growing pattern of industrial activism that has emerged as China's economy has slowed. A shortage of workers has shifted the balance of power in labor relations, while smartphones and social media have helped labourers organize and made them more aware than ever of the changing environment, experts say. On Tuesday, three workers said by telephone that many colleagues had returned to work or quit, while others continued to strike. More»
Amwal Al Ghad English - 2014-03-10 11:22:05
 Etisalat Joins Forces with Cisco to Deliver Enhanced Customer Benefits and Satisfaction Cisco announced today that it has signed a Memorandum of Understanding (MoU) with Etisalat Misr, a leading telecom operator in Egypt licensed to provide mobile telecommunication services and all related services. The two companies will cooperate in the creation of a go-to-market strategy for Etisalat’s business-to-business (B2B) customers focused on delivering integrated, value-added custom services, Enterprise managed services for Network, Security, Voice, Video Collaboration and technology solutions that utilize Etisalat Misr’s network. As part of the agreement, Cisco and Etisalat Misr have agreed to pool resources and expertise to create, market and sell a wide portfolio of managed and enterprise services that will help Etisalat Misr serve its growing customers’ needs, thereby enabling them to deliver enhanced customer benefit and satisfaction. Cisco will also provide guidance and support for assessing different network design options for Etisalat Misr’s networks, projects and initiatives. More»
Amwal Al Ghad English - 2014-03-09 14:59:47
Telecom Egypt (ETEL.CA) announced on Sunday that if it obtains the 4G licence - which is expected to be issued within the next 2 years, the company  will look into the best options for its shareholders regarding the company's stake in Vodafone Egypt either by completely acquiring Vodafone Egypt or by exiting the company according to the price and the will of the stakeholders. The company added in a press release to the Egyptian Exchange (EGX), that currently there is no immediate need to exit Vodafone Egypt and that Telecom Egypt didn’t receive any notifications to do so. In another release, the company announced that it is still waiting for the unified licence to be issued. More»
Amwal Al Ghad English - 2014-03-09 13:48:19
Under the sponsorship of  Arab League, the Egyptian Information and Communication Technology Ministry (MCIT)  hosted the second meeting of World Telecommunication Development Conference (WTDC) will take place at the Dubai World Trade Centre in Dubai, United Arab Emirates, from 30 March to 10 April 2014The event, which is held once every four years, will take place in the Dubai International Convention and Exhibition Centre, Dubai World Trade Centre, from March 30 April 10. The UAE has been selected to host WTDC 2014 as the result of a consultation process with all 192 UN Member States of the ITU and in accordance with the ITU's constitution and convention. "The UAE assigns a great deal of value to its ITU membership since joining it in 1972. It is a great honour for the UAE to be selected as hosts for this significant event and is testament to the level of success achieved during 2012 after hosting the UN specialized agency's largest events," said Mohamad Ahmad Al-Qamzi, Chairman of the UAE Telecommunications Regulatory Authority. More»
Nayera Eid - 2014-03-09 12:32:53
Eng. Hesham Alayli CEO of National Telecommunication Regulatory Authority (NTRA) said 6 global and domestic firms moved away RFP which related to the requirements and specifications of broadband project tender after two weeks from offering. Alayli expected that NTRA will finalize the outstanding measures of broadband project within two months, noting that the implementation of the project will be by May to provide 1600 government facilities for high-speed Internet access at speeds of 20 MB per second. Alayli explained that the pilot project of the first phase of high-speed internet comes among series national projects. The project aims to raise the efficiency of the main necessary structure in order to provide high-speed internet services to about 1600 facilities that affiliated to governmental ministries and parties with 20 MB speed per second including (educational –health- scientific research-justice-agriculture- civil aviation-Manpower-Irrigation and Water Resources) in addition to Public Prosecution across governorates. More»
Nayera Eid - 2014-03-09 11:59:13
Chairman of Digital Marketing Experts (DMX)- Egypt Mr. Haitham Helmi said his company is aiming to spread marketing culture through a number of strategic axes, which the company will begin in circulating and marketing for the companies operating in the market during the current year interaction with users and obvious differences between them previously and currently at the top, stressing that Egypt is a candidate to join the ranks of the major countries in e-marketing services by 2017. Helmi told Amwal Al Ghad Arabic’s website that the volume of e-marketing via internet in Egypt reached EGP500 million within the last year, expecting that the market will double Three times during the current year becoming EGP1.5 billion at the end of 2014. Helmi expected that the growth rates of digital marketing industry revenues will be doubled 3 times to up EGP1 billion and EGP500 million by the end of 2014, meanwhile boosting Egypt’s digital marketing investments will become EGP17billion by 2017, stressing that despite the challenges which are facing the industry in the domestic market, lack of awareness regarding the importance of allocating strong budgets for digital marketing until the rate will not exceed 5% , but it is expected that these rates will increase to attain from 10-15% this year. More»
Amwal Al Ghad English - 2014-03-09 08:37:46
A wildcat strike at an IBM factory in southern China illustrates how tectonic shifts under way in the country's labor market are emboldening workers to take matters into their own hands, raising risks for multinationals. More than 1,000 workers walked off the job last week at the factory in Shenzhen, bordering Hong Kong, after managers on March 3 announced the terms of their transfer to new ownership under Chinese PC maker Lenovo Group Ltd. Lenovo agreed in January to pay $2.3 billion for International Business Machine's low-end server business. The strike, which continued into Sunday, fits a growing pattern of industrial activism that has emerged as China's economy has slowed. A worsening labor shortage has shifted the balance of power in labor relations, while smartphones and social media have helped workers organize and made them more aware than ever of the changing environment, experts say. "Chinese workers, after being exploited for so long, are now more and more aware of their rights and united. They have more of an idea of collective action," said labor lawyer Duan Yi. More»
Amwal Al Ghad English - 2014-03-09 07:01:11
AT&T Inc said on Saturday it is cutting wireless data charges for individual customers who have no annual service contract, as the No. 2 U.S. mobile operator attempts to better compete with rival T-Mobile US Inc. Customers having one smartphone with no annual service contract will now pay $65 per month instead of $80 for a plan that includes 2GB LTE wireless data, unlimited talk and text messaging, unlimited international messaging and 50 GB cloud storage. Customers with two smartphones will now pay $90. The latest plan follows price cuts AT&T announced last month for families and customers who share large data plans, as well as its offer of a $200 credit to customers who switch to its network. AT&T has been fiercely competing with smaller rival T-Mobile U.S. after T-Mobile spent several quarters directly marketing to AT&T customers. T-Mobile, a long-time industry straggler, was able to report three full quarters of customer growth after four years of losses. Separately on Friday, T-Mobile said it was doubling to 1GB the amount of LTE wireless data it was providing with its flagship Simple Choice plan, which costs $50 a month, and also includes unlimited talk and domestic and international text messaging. More»
Nayera Eid - 2014-03-08 14:59:48
Eng. Hesham Alayli CEO of National Telecommunication Regulatory Authority (NTRA) asserted that the mobile phone operators have the right to obtain the International Gateway License in case of agreeing on its current price. Alayli explained that the law stipulates that the companies which operating in the market have the right to get any features or additional conditions obtained by new firms which enter the market in this case Mobinil and Vodafone  have the right to obtain a license after passing international calls for Etisalat Egypt. An official source in NTRA revealed that the price of the International Gateway License up around EGP4 billion. Meanwhile determining a date for international gateway and prices it is one of the outstanding problems between mobile phone operators and Telecom Egypt (ETAL-CA)(TE). Three operators called to obtain international gateway license in conjunction with offering the integrated operator license. The trade volume between TE and mobile operators reach EGP4 billion, Vodafone and Mobinil pay EGP2.5 billion the value of international gateway services and EGP1.5 billion which pay by three operators. More»