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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        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 - 2017-12-04 09:46:30
LG Electronics' first new mobile boss in three years suggests that the company will likely focus on offering more Internet of Things (IoT) services to leverage its home appliance clout. The company has named Hwang Jeong-hwan, a researcher who played a key role in developing LG's earlier smartphones and promoting its OLED TVs, as the new mobile boss. He has replaced sales and marketing expert Juno Cho, who was at the helm for three years and was behind the modular G5 and creation of the V phablet brand. More»
Amwal Al Ghad English - 2017-12-04 07:41:21
Vodafone Egypt has launched negotiations with mobile operators in Russia to provide special offers to its customers during their attendance of the World Cup in the summer of 2018. The company expects a 10% increase in its investments over the next three years, as well as an increase in profits after offering 4G services. The company has requested more frequencies to widen its network in 2018-2019. According to Ayman Essam, head of government relations at Vodafone Egypt, the company is currently coordinating with the National Telecommunications Regulatory Authority (NTRA) to provide its services in the New Administrative Capital, and a number of new roads, notably Al-Galala and Dabaa.How much investment has Vodafone Egypt injected and how much are the targetted investments in the coming period? The company has injected 9.5 billion pounds investments since 2015 until the end of the financial year 2017/2018.The company aims to increase its investments by 10m percent over the next three years, as part of its plan to develop infrastructure, networks, towers, and outsourcing services. How do you evaluate the impact of 4G services on the company’s revenues? The launch of 4G increased internet speeds and provided new applications that enrich our services to customers.4G also improved the company’s frequencies, estimated at 45 MHz.We expect that Vodafone Egypt’s revenues from data transfer and internet services will increase by 10% after launching 4G services.What about local roaming negotiations with Telecom Egypt?Our negotiations with Telecom Egypt have been stopped since July, however, the company is ready to revive the local roaming talks if Telecom Egypt still wants to use its networks to provide mobile services.What about the company’s negotiations to provide landline services? We started the initial discussions with Telecom Egypt on the provision of landline telephone services via Telecom Egypt’s infrastructure. Our main goal through offering landline services is not achieving more profits, but marketing our products and offers as an integrated operator of all telecommunications services in the local market. Landline services would allow a single billing system for customers, where the company can present comprehensive offers on all services, which will contribute to developing the company’s marketing plans.How do you prepare for that phase?We have formed internal teams to develop new applications for landline services, to encourage customers to use our network.Does Vodafone Egypt have plans to provide offers for Egyptian fans at the World Cup?We started negotiations with a number of mobile operators in Russia to provide offers on roaming and international calls to our customers who will travel to attend the World Cup in June 2018. Vodafone was promised by the NTRA to change its existing representatives in Vodafone’s board with other people who are not working for, or associated with, Telecom Egypt or other mobile operators in the market. The NTRA has already assigned a new board member, Iskandar Ta’ma, who was seen as one of the best additions to the company’s board of directors. We hope that the NTRA complete changing the rest of its representatives as soon as possible. We do not require approving or rejecting the NTRA’s representatives. What will you offer at Cairo ICT? The Cairo ICT Fair will provide a group of technological applications benefiting from the new 4G services, related to education, technology, and the disabled. What about some customers’ complaints about the company’s network quality? The company is always affected by the construction of new towers and residential buildings which requires the continuous relocation of cell towers from one building to another. This process requires obtaining approvals from security authorities, the Ministry of Communications and Information Technology (MCIT), the Ministry of Environment, and the NTRA. Vodafone has a special team to counter fraud and data breaches. It works continuously to prevent these type of violations. It is accompanied by a second team tasked with periodically securing all data and reviewing work steps. The company allocates millions of dollars annually to combat these violations, as well as following up of cases of penetration or hacking of data and takes all legal action against them. Has the company required new frequencies? Vodafone Egypt has demanded the NTRA to provide additional frequencies for 2018-2019, according to the company’s plan for this period. He said that the company does not have any plans to obtain funds from foreign entities during the coming period, and it currently aims to provide its mobile calls and internet services with high quality, especially after the launch of a fourth mobile operator in the local market. We currently negotiate with the NTRA to provide our services in a number of recently opened roads, including Dabaa, Al-Galala and other roads, as well as the New Administrative Capital. More»
Amwal Al Ghad English - 2017-12-03 15:01:20
Egypt's ministry of communication and Information technology has unveiled the specifications of the first Egypt-made, Nile X, smartphone at Cairo ICT 2017. Delivering his keynote speech, Kady said that the smart phone has 45 percent of its components locally produced. the new smartphone name is Nile X to be launched with 4G technology, 46 Gegabytes internal storage,  fast charging feature USB Type-C, 13 mega pixel dual camera,  Android 7.0 nougat and fingerprint sensor. More»
Nayera Eid, Rana Mahmoud - 2017-12-03 14:22:50
Egypt's Minister of Communication and Information Technology Yasser El Kady declared a national strategy for E-commerce, in cooperation with the United Nations Conference on Trade and Development (UNCTAD), the Ministry of Finance and the Ministry of Industry and Foreign Trade. The minister has made this announcement at the 21st  edition of Cairo ICT 2017 stressing that it is an important step toward sustainable development and enhancing the digital economy. More»
Amwal Al Ghad English - 2017-12-03 13:07:48
Egypt has officially launched its first locally manufactured smart phone at the 21st  edition of Cairo ICT 2017, by minister of communication, Yasser El Kady.Delivering his keynote speech, Kady said that the smart phone has 45 percent of its components locally produced. The minister of communication, Yasser El Kady has gifted the new mobile which is manufactured by  Sico Technology to the President Abdel Fattah Al Sisi. More»
Amwal Al Ghad English - 2017-12-03 12:17:52
Orange Egypt For Telecommunicationssaid that it would finish preparing fair value study at December 21, 2017. the company added in a statement that it has appointed  Grant Thornton as an independent financial advisor to prepare the fair value study of the company's shares. More»
Amwal Al Ghad English - 2017-12-03 10:56:49
Egypt's minister of Coomunication,Yasser Al Kady, launches a live test of 5G technology  during the 21st edition of Cairo ICT 2017 exhibition, held between 3 and 6 December, under the auspices of President Abdel Fattah Al-Sisi. The four telecom companies operating in Egypt had launched 4G services by the end of September, as the market saw the entry of Telecom Egypt as the first integrated operator. More»
Amwal Al Ghad English - 2017-12-03 09:48:11
President Abdel Fattah el-Sisi inaugurated, today, the 21st  edition of Cairo ICT 2017, held under his auspices at Egypt  Expo Center  in new Cairo on  December 3-6. The President has listened to the minister of communication, Yasser Al Kady,  detailed explanation  about the 5G technology test  as well as the fair pavilions. More»
Amwal Al Ghad English - 2017-12-02 10:28:08
Under the theme " Expect the Unexpected", Cairo ICT will showcase the advanced technologies and solutions that visitors cannot expect. It is organized by Trade Fairs International on December 3-6, at Egypt Convention Center, in New Cairo. Cairo ICT is one of the world's major events in the Middle East and North Africa region, covering several areas, including telecommunications, information technology, electronics, mobile applications, integrated systems, satellite and broadcasting, hardware, software, security, Internet, mobile phone services and other relevant sectors. The Exhibition will host visitors from Egypt and all over the world to meet more than 400 international and local companies in the various technology sectors, whether telecommunications, IT, networks, satellites, financial payment techniques, defense, public security and safety, as well as smart cities and communities.A number of workshops and presentations of products and solutions will be held by the participating companies. Cairo ICT hosts developers and providers of technology services and giant project owners under one roof. It will bring together global industry leaders, experts, investors, chief executive officers and senior leaders of major companies in the field of planning, designing and global technology. The launch of the mobile service through Telecom Egypt (TE) using the Fourth-Generation (4G) technologies is one of the most key events of Cairo ICT 2017, while the three competitors: Etisalat, Orange and Vodafone will showcase their latest technologies, networks and applications using the 4G technology. At the same time, the global network solutions providers, including Ericsson, Avaya, Motorola, Samsung, Cisco and Huawei, will offer their latest solutions. On the sideline of Cairo ICT 2017, a number of side events will be held, including the third Defense, Security and Public Safety Technologies Fair and Forum (DSS), which has proven success in its first and second rounds last year, covering technologies pertaining to defense, homeland security, airport security, private security and public safety fields. More»
Amwal Al Ghad English - 2017-12-02 10:17:23
 Bitcoin hovered around $9,600 in volatile trade on Friday, after tumbling about 15 percent from an all-time high hit this week as some money managers warned ominously of a bubble and further falls in the stratospheric cryptocurrency.Bitcoin was last down around 3.4 percent at $9,612.60 on the Luxembourg-based Bitstamp exchange, from a record peak of $11,395 set on Wednesday. On Thursday, it went as low as $9,000. BTC=BTSP. The latest slide has tempered an astronomical rise in recent months: Bitcoin had jumped almost 1,100 percent year-to-date on Wednesday. As of 0200 GMT, it was still up around 915 percent. More»