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Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        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        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        National Real Estate Bank for    11.84        Egyptian Chemical Industries (   7.26        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        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

Amwal Al Ghad English - 2015-01-08 10:18:50
Mobily provides 4G LTE international roaming services in 35 countries, including 61 leading, most popular and global telecommunications operators. Mobily explained that the coverage include UAE, Qatar, Kuwait, Bahrain, USA, UK, Australia, France, Switzerland, Germany, Italy, Spain, Netherlands, Belgium, Greece, China, Canada, Hong Kong, Indonesia, South Korea, Malaysia, Philippines, Russia, Singapore, and other countries. This achievement reflects Mobily's capability to provide exceptional customer experiences for its subscribers, and the company's ability to put the Kingdom in an advanced position on the global map of communications services. Currently the Kingdom competes strongly the developed countries in providing many advanced telecommunication services. Mobily announced in the first quarter of last year the provision of 4G international roaming services covering 15 countries around the world, and declared the company's plans to stay in the lead, which was already managed and achieved. Mobily's strategy relies to maintain its subscribers enjoying the best services, and will not spare any effort to achieve this important goal. Therefore, Mobily receives invitations from specialized organizations in telecommunications and information technology to display its successful experiences in providing many of the services that have achieved global precedency. Mobily announced at the end of 2012 its success in the technical tests in the first roaming process through data sim card, as the first company in the region, where the company conducted a bonding process with Hong Kong. It is noteworthy that the values of Mobily are the most important motives for development, and the company is keen always to implant the value of pioneering in their employees, making them eager for continuous development. Moreover, innovation comes in forefront of the company's strategic goals to provide exceptional customer experiences to subscribers. More»
Amwal Al Ghad English - 2015-01-08 09:34:26
Tech blogs and news sites have been buzzing over the past several days about Microsoft Corp.’s MSFT, +1.27% alleged development of a new web browser for Windows 10, to be known as “Spartan.” Websites such as BGR and Neowin have carried what they say are leaked screen shots of the new browser, which BGR said Tuesday would include voice-command features that could allow users to mark sites as favorites or home pages via speech. Microsoft is set to announce plans for the new browser at a Windows event on Jan. 21, BGR said. Neowin said Wednesday that Spartan would also likely feature a “share icon” that would make it easier to post website links onto social media. It would also carry a “reading mode” feature that allows users to see just the text of an article, making it easier to read, Neowin reported. It also said the new browser would have a “borderless window,” allowing “your content to stretch from edge to edge,” and with no information bar at the bottom of the screen. Microsoft already offers the Internet Explorer browser, which is either the most popular browser in the U.S. or is second to Google Inc.’s GOOG, -0.17% Chrome, depending on which data you look at. More»
Nayera Eid - 2015-01-07 09:25:31
Around 6117 companies are working in communications and information technology sector with capitals worth EGP 46.95 billion (around US$6.5 billion), with y-o-y growth of 0.64%. According to a recent report issued by Egyptian Ministry of Communications and Information Technology, the number of mobile users decreased to 94.5 million at the end of October by 3.4 %, with a penetration rate at 110 % The report further stated that the number of internet users hit 47 million with 26% annual growth rate and 55% penetration compared to Egypt's population. The percentage of families accessing the internet services reached 57%. The number of users accessing the internet through ADSL is around 3 million, marking 43.8 % while the number of mobile internet users recorded 20.5 million. Moreover, total number of fixed-line subscriptions is 6.13 million. Fixed line penetration rate reached about 7.3 %, representing an annual decline rate of 11.6%. More»
Amwal Al Ghad English - 2015-01-07 08:48:51
Sony Corp Chief Executive Kazuo Hirai on Tuesday said he does not expect the November cyber attack on the company's film studio to have a significant financial impact, two weeks after the studio rolled out the movie at the heart of the attack. The studio, Sony Pictures Entertainment, said separately that the film, "The Interview," has generated revenue of $36 million. Hirai told reporters at the Consumer Electronics Show in Las Vegas that he had signed off on all major decisions by the company in response to the attack, which the U.S. government has blamed on North Korea. Sony's network was crippled by hackers as the company prepared to release "The Interview," a comedy about a fictional plot to assassinate North Korean leader Kim Jong Un. The attack was followed by online leaks of unreleased movies and emails that caused embarrassment to executives. "We are still reviewing the effects of the cyber attack," Hirai told reporters. "However, I do not see it as something that will cause a material upheaval on Sony Pictures business operations, basically, in terms of results for the current fiscal year." More»
Amwal Al Ghad English - 2015-01-07 08:15:15
Lenovo Group Ltd. (992) will bring Motorola phones back to China in the first quarter, reintroducing the brand to the world’s largest market after an absence of more than two years. The Moto X will be sold in February, with the Moto X Pro and Moto G to follow later, Motorola spokesman William Moss said in phone interview today. Lenovo completed the $2.91 billion purchase of Motorola Mobility from Google Inc. (GOOG) in October. Lenovo, the world’s largest maker of personal computers, is focused on an expansion in smartphones amid a global decline in PC demand. The Beijing-based company’s phone push has been challenged by cross-town rival Xiaomi Corp., which surpassed the company in China and worldwide smartphone market share in the third quarter. “Motorola’s brand is well liked and respected in many markets, especially being a U.S. brand and long legacy in mobile” said Jessica Kwee, a Singapore-based analyst with researcher Canalys. “It is something that Lenovo can leverage.” Shares of Lenovo rose 5 percent to HK$10.58 as of 3:32 p.m. in Hong Kong, headed for the biggest gain since March 11. The stock gained 8.2 percent last year, its sixth straight annual gain. More»
Amwal Al Ghad English - 2015-01-04 12:40:21
The Egyptian Company for Mobile Services - Mobinil is the best mobile operator in Egypt during 2014, according to a new poll. The Egyptian Center for Public Opinion Research (Baseera)’s poll commissioned by the leading economic magazine Amwal Al Ghad found that Mobinil enjoys a 34 percent approval rating among voters. Baseera has polled out 550 voters of 18 years and older on the mobile operators’ performance in terms of quality, customer satisfaction and competitive prices. Coming second in the list, Etisalat Egypt enjoys 24 percent approval rating among voters, followed by Vodafone Egypt with 22 percent. On the other hand, 20 percent of the Egyptians polled answered by ‘I don’t know’ when asking about the best mobile company in 2014. More»
Amwal Al Ghad English - 2015-01-04 08:14:38
Chinese telecoms equipment maker Huawei Technologies [HWT.UL] expects advances in cloud computing and higher demand for smart devices to have lifted 2014 sales revenue by 15 percent to $46 billion, CEO Ken Hu said in a new year's message on the company's website. The Shenzhen-based company, for which three executives share CEO duties in six-month rotation, had said last year that it will achieve sustainable growth in 2014. It had also targeted revenue of $70 billion by 2018, or annual growth of about 10 percent a year. Huawei's smartphone shipments rose by more than 40 percent last year, according to an internal memo seen by Reuters, failing to match its own target and the performance of faster-growing rivals such as Xiaomi. More»
Amwal Al Ghad English - 2015-01-04 07:43:01
It has been over eight months since the Ministry of Communications and Information Technology announced the unified licence system, one of the most important pending files of the telecommunications sector in 2014. It may alter the shape of the market entirely if offered. Telecom Egypt has all its hopes and plans in maximising revenues during these months built on its transformation to an integrated operator. While the ministry considers this a step towards achieving market balance between operators to provide a better environment for competition, it is also a proactive step for the Egyptian market to welcome the fourth generation technology “LTE”. Minister of Communications Atef Helmy continued promising to offer the unified licence system month-after-month without any progress. According to the last Ministry of Communications statement by Helmy to Daily News Egypt, the unified licensing system will be launched during the first quarter of 2015. The system includes granting Telecom Egypt licence to provide mobile services by default, depending on the networks of the three companies (Vodafone, Mobinil,– Etisalat) for EGP 2.5bn. Mobile companies are entitled to obtain a licence to provide land service for EGP 100m, with all four telecoms companies likely to be transformed. In addition to allowing Vodafone and Mobinil,  to obtain licence for the international gateway, a total of EGP 7.6bn will be paid. Hamy Elleithy, Head of Communications Division in the Chamber of Information Technology and Communications (CIT), believes that offering the unified licence will refresh the telecommunications market. Elleithy said it will force the four companies to increase their investments in the market due to the increase of competition among them and to improve their network and launch new services. More»
Amwal Al Ghad English - 2015-01-03 14:44:06
Landline monopoly Telecom Egypt (TE) announced on Saturday that it intends to provide ADSL and boost key infrastructure for 11 governmental entities. This step comes as part of the national broadband project initiated by the National Telecommunication Regulatory Authority (NTRA), of which TE was awarded its tender. The Egyptian Cabinet adopted the national plan of broadband as an ICT sector initiative. The initiative serves state sectors and bodies to answer the citizens' needs at affordable prices. It encourages national and international investments within the free competition environment and creates jobs for youth, thus, increasing the national income.TE leverages infrastructure and provides ADSL for 11 governmental entities including ministries of scientific research, education, agriculture, youth, health, civil aviation, justice, manpower, irrigation and water resources in addition to the public prosecutions nationwide and the Central Agency for Public Mobilization and Statistics. TE is expected to sign the agreements within the coming days. More»
Amwal Al Ghad English - 2015-01-03 09:06:42
North Korea was hit with more sanctions on Friday designed to impede access to the U.S. financial system in the wake of a cyberattack on Sony Pictures Entertainment, which the Obama Administration has said was supported by the reclusive country. The U.S. government named three entities, including North Korea's military intelligence agency, and sanctioned 10 people with links to weapons sales and proliferation. Financial sanctions have been effective in bringing pressure on Iran and Russia, but they have had limited impact on North Korea, which has been sanctioned by the United States for more than 50 years. “It’s not as if they travel a lot abroad to western Europe or the United States ... They don’t have billions of dollars in western banks,” said Joel Wit of 38North, part of the U.S. Korea Institute at Johns Hopkins University in Washington. Pyongyang has denied involvement in the cyberattack. Washington said there was no evidence that any of the three entities or the individuals were linked to it. Treasury Secretary Jacob J. Lew said in a statement that Washington had a "commitment to hold North Korea accountable for its destructive and destabilizing conduct." Lew said that even as a probe by the FBI continued "these steps underscore that we will employ a broad set of tools to defend U.S. businesses and citizens, and to respond to attempts to undermine our values or threaten the national security of the United States." The cyberattack that crippled Sony's networks occurred as the company was preparing to release the film "The Interview," a comedy centered on plans to assassinate North Korea's leader Kim Jong Un. Obama signed an executive order imposing the new sanctions, which deny designated persons access to the U.S. financial system, and authorize the Treasury Secretary, in consultation with the Secretary of State, to apply sanctions against officials of North Korea's government and the ruling Workers' Party of Korea, and people acting on their behalf or in support of them. "That will allow us at the time and place of our choosing to impose sanctions on any of those Korean officials," a senior administration official told reporters during a telephone briefing. The entities are Reconnaissance General Bureau, North Korea's intelligence organization; Korea Mining Development Trading Corp, which the Treasury Department described as North Korea's primary arms dealer; and Korea Tangun Trading Corp, which the U.S. said is primarily responsible for procuring commodities and technology to support North Korea's defense research and development programs. The White House said on Friday that the Reconnaissance General Bureau was linked to North Korea's capacity to wage cyber warfare, but it did not link it directly to the Sony hack attack. Korea Mining Development Trading Corp and Korea Tangun Trading Corp have been previously sanctioned. The 10 North Koreans named in the new sanctions worked for the two companies but are not part of the North's top leadership. Despite past sanctions that have been designed to curb North Korean's nuclear capabilities, Pyongyang has pressed ahead with its nuclear program. More»