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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        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        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        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 - 2017-04-29 08:43:44
Turkish authorities on Saturday blocked access to online encyclopedia Wikipedia, an internet monitoring group said, the latest in what government critics say is a crackdown on free speech on the internet. A block on all language editions of the Wikipedia website was detected at 8:00 a.m. (0500 GMT) on Saturday, monitoring group Turkey Blocks said on its website. "The loss of availability is consistent with internet filters used to censor content in the country," it said. When attempting to access the webpage using Turkish internet providers, users received a notice the site could not be reached and a connection timed out error. Monitoring groups have accused Turkey of blocking access to social media sites such as Twitter or Facebook, particularly in the aftermath of militant attacks. The government has in the past denied that it blocks the internet, blaming outages on spikes in usage after major events. But technical experts at watchdog groups say the blackouts on social media are intentional, aimed in part at stopping the spread of militant images and propaganda. More»
Amwal Al Ghad English - 2017-04-27 12:18:54
Facebook and Alphabet-owned Google must accept that they are media, not technology companies, and deal with inappropriate content on their platforms, Martin Sorrell, chief executive of WPP told CNBC on Thursday, despite both U.S. firms trying to distance themselves from that label. The boss of the world's largest advertising firm was responding to questions about the "brand safety" issues seen on both Facebook and YouTube, such as ads being placed next to extremist content and problems with fake news. Speaking about his first quarter results released on Monday, Sorrell said that the company – which represents around $75 billion globally of media placements – saw clients continue to invest in advertising on Facebook, Google and newer entrants like Snap Inc's Snapchat. "So investment in digital continues … but you're right, there are these issues like brand safety, like measurability, we've had Facebook admitting on three or four occasions recently that the statistics that they give for their audiences were inaccurate," Sorrell told CNBC in a TV interview. "And of course, if any traditional medium, just like CNBC did that, they probably would be under extreme pressure if not out of business. So there are some very big issues, Google and Facebook are 75 percent of the digital marketplace … so they are very important and it is important that the data it shares in a more comprehensive way." Several brands pulled ads from Google-owned YouTube because they were being placed next to extremist content. Matt Brittin, Google's EMEA president of business operations, apologized in March for this issue. The company announced plans to expand its safeguards for advertisers including plans to take down inappropriate content faster. Facebook meanwhile has been criticized for allowing the proliferation of fake news on its platform. And it has also had trouble with its live broadcasting product – Facebook Live. Earlier this week, a Thai man broadcast himself hanging his baby daughter. Facebook has had a number of broadcasts that show violence. Sorrell said these internet giants need to accept their role as media companies, and that means having better control of the content that appears on their platforms. "The fundamental point is the acceptance by Google and Facebook that they are media companies and not technology companies and that they have the same responsibility as you do and for your content on CNBC on those media such as Google and Facebook or indeed Snapchat or Yahoo … so we are seeing some concerns in that area," Sorrell told CNBC. But being labeled a media company is something that Facebook and Google have tried to resist. "I don't think we have to be the publisher and we definitely don't want to be the arbiter of the truth," Facebook Chief Operating Officer Sheryl Sandberg said in a recent interview with the BBC. Nonetheless, WPP now gets 39 percent of its revenue from digital, with revenues from the segment up 4 percent on a like-for-like basis in the first quarter, a trend Sorrell said is likely to continue. Still, the WPP chief said that it could be a chance for traditional media to position themselves as a safer bet for advertisers. "This is an opportunity for traditional media to suggest that brand safety in traditional media is greater than it is in new media," Sorrell said. WPP reported like-for-like net sales in the first quarter were up 0.8 percent as it grappled with a decline in revenues from North America, its biggest market, as well as flat results in the emerging markets. "It was patchy and it was a tough first quarter," Sorrell said. More»
Amwal Al Ghad English - 2017-04-26 09:02:27
Google on Tuesday announced changes to how it delivers and ranks internet searches, the latest effort by the tech giant to weed out fake news and offensive content. The new initiative includes tweaks to the algorithm used by Google to deliver search results, while offering users more options to flag inappropriate content, including for autocomplete, or the suggestions Google makes while someone is typing a search query. "Our algorithms help identify reliable sources from the hundreds of billions of pages in our index," Google vice president of engineering Ben Gomes said in a blog post. More»
Amwal Al Ghad English - 2017-04-23 08:18:33
Apple Inc outlined a plan to train operators of self-driving cars in documents submitted to California regulators earlier this month, the latest clues to the company's autonomous vehicle technology aspirations. Apple was granted a permit to test self-driving cars on April 14 by the California Department of Motor Vehicles but the company has never said anything about its plan. The state released 41 pages of Apple application documents to Reuters that give some clues about the company's highly secret self-driving effort, which it has never openly acknowledged. The iPhone maker joins a long list of carmakers, start-ups and technology rivals, including Alphabet's Waymo, that are testing cars on state roads. Apple is looking for new hit products and autonomous car technology is expected to revolutionize the traditional auto industry. More»
Amwal Al Ghad English - 2017-04-20 09:22:09
Facebook Inc on Wednesday pulled aside the curtain on a secretive unit headed by a former chief of the Pentagon's research arm, disclosing that the social media company is studying ways for people to communicate by thought and touch. Facebook launched the research shop, called Building 8, last year to conduct long-term work that might lead to hardware products. In charge of the unit is Regina Dugan, who led a similar group at Alphabet Inc's Google and was previously director of the U.S. Defence Department's Defence Advanced Research Projects Agency, or DARPA. Dugan told software developers at Facebook's annual F8 conference that the company was modeling Building 8 after DARPA, a government office founded in the 1950s that gave the world the internet and the miniaturized GPS receivers used in consumer devices. More»
Amwal Al Ghad English - 2017-04-19 08:39:21
Yahoo reported a 22.1 percent-increase in quarterly revenue on Tuesday, ahead of the sale of its core internet business to Verizon Communications. Yahoo said revenue from Mavens- the mobile, video, native and social advertising units that it has touted as key emerging businesses- rose 35.6 percent to $529 million in the first quarter ended March 31. Net income attributable to Yahoo was $99.4 million, or ten cents per share in the quarter, compared with a net loss of $99.2 million, or ten cents per share, a year earlier. Revenue rose to $1.33 billion from $1.09 billion. Verizon in February agreed to buy Yahoo's core business- which includes its internet search and email assets- for $4.48 billion, lowering its original offer by $350 million, in the wake of two massive cyber attacks at the internet company. Yahoo said on Tuesday it expects the deal to close in June. More»
Amwal Al Ghad English - 2017-04-18 08:19:49
A grisly murder video has muddied Facebook’s pledge to clean up the social network. Mark Zuckerberg’s firm bungled its response to the posting of a man's killing. The incident jars with the company's promise to police fake news and other objectionable posts. Silicon Valley’s content problem will need to be addressed by more than algorithms. It took Facebook hours before it finally pulled a brutal video showcasing the killing of an elderly man on Sunday and then issued a tone-deaf statement referring to the post as this kind of content. Somewhat surprisingly, Facebook’s share price rose one percent on Monday, adding $3 billion of market value. But investors may reconsider, as they did when a paying passenger was dragged off a United Airlines flight. More»
Amwal Al Ghad English - 2017-04-18 08:12:30
Shares of Snap fell 1.5 percent on Monday as the Snapchat owner faced criticism for comments allegedly made by its CEO about not prioritising growth in India and Spain because they were poor countries. The dip put Snap on track to close at its lowest level in nearly a month, a bad sign following its $3.4 billion public listing that was the hottest by a technology company in three years. Twitter users using the #boycottsnapchat hashtag called for uninstalling the Snapchat app after a legal document unsealed last week alleged that Snap Chief Executive Evan Spiegel in 2015 said he was uninterested in prioritising growth in India and Spain because they were poor. More»
Amwal Al Ghad English - 2017-04-15 10:40:29
Uber Technologies revealed a glimpse at its finances for the first time Friday, saying that its revenue growth is outpacing losses, according to a report from Bloomberg. The ride-hailing company said that its gross bookings reached $20 billion last year, more than double the figure from the year prior. Net revenue came in at $6.5 billion in 2016, while its net loss was $2.8 billion, excluding its former China business, Bloomberg said. The privately held company is not required to reveal its financial results. "We're fortunate to have a healthy and growing business, giving us the room to make the changes we know are needed on management and accountability, our culture and organisation, and our relationship with drivers," Rachel Holt, who runs Uber's U.S. ride-hailing business, told Bloomberg. Uber has been hit by a wave of executive departures and intense public criticism in recent months, including claims of sexual harassment and questions about the behavior of its Chief Executive Officer Travis Kalanick. More»
Amwal Al Ghad English - 2017-04-13 11:53:11
4G services will officially start operating in Egypt in a few weeks, chief executive of Orange Egypt Jean-Marc Harion announced on the sidelines of a conference held to announce a partnership in the field of e-commerce between Orange, Jumia, and Qualcomm. He encouraged all Orange customers to replace their old SIM cards with new ones that support the 4G service - free of charge from the company's branches - as soon as possible so they can take advantage of the service once installed. Harion pointed out that the company will soon receive the frequencies allocated to Orange to establish and operate 4G service at US$484 million, as well as virtual fixed-lines services worth $11.262 million, in accordance to the license signed in mid-October 2016 with the Egyptian government. Orange Egypt signed a partnership with Qualcomm and Jumia for e-commerce to market 4G smart phones at affordable prices for six months starting April 24, taking advantage of the high number of smart phone users in Egypt compared to other markets around the world, Harion said. Communications and Information Technology Minister Yasser al-Qadi announced at the end of March that 4G services will start operating in June. More»