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Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        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        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        Universal For Paper and Packag   4.94        Egyptian for Tourism Resorts   0.69        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        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        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        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        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 - 2017-11-26 11:21:31
Hundreds of executives from Egypt’s public and private sector today attended Oracle’s Cloud Day event in Cairo to accelerate their organisations’ journey to the cloud with Oracle’s industry first innovations.Cloud day event will help Egyptian organizations take advantage of latest technologies including Artificial Intelligence (AI); Machine Learning; Chatbots and Cloud at Custom. Oracle Cloud Day Cairo which is part of a global series of events focused on highlighting how latest Oracle cloud solutions can help Egyptian enterprise, start-ups and public sector entities increase business agility, enhance return on investment (ROI) and deliver an exceptional customer experience. More»
Amwal Al Ghad English - 2017-11-26 08:25:39
Amazon founder Jeff Bezos has become the world’s newest and only $100bn billionaire, seeing his wealth creep up by $2.4bn thanks to a 2% jump in Amazon's shares. His wealth shot into newfound stratospheres after share prices for the online retailer soared by 2pc on the back of optimism that the company’s value would grow during the spending bonanza. It came as sales over the internet overall shot up by nearly a fifth (18.4%) on the day - as shoppers snapped up bargains - compared to the same 24-hour period last year, figures show. More»
Amwal Al Ghad English - 2017-11-23 09:12:30
A newspaper advertisement for an Uber Technologies Inc stock sale was juxtaposed on Wednesday with a report that the ride-service provider had covered up a data hack - something of a metaphor for Uber, a company with boundless investor interest, but whose penchant for rule-breaking has led to a series of scandals.The stock sale advertised in the New York Times will enable Uber [UBER.UL] investors to sell their shares to Japanese investor SoftBank, a critical deal for the company whose problems included building software to spy on competitors and to evade regulators and being investigated in Asia for paying bribes. More»
Amwal Al Ghad English - 2017-11-23 09:08:18
Smartphone maker Apple Inc and its biggest manufacturing partner on Wednesday said that a small number of students were discovered working overtime in its Chinese factory, violating local labor laws.The students worked voluntarily in the factory for more than 11 hours a day as part of a school internship program at a plant run by Hon Hai Precision Co Ltd (2317.TW), also known as Foxconn, the manufacturer confirmed. “We discovered instances of student interns working overtime at a supplier facility in China. We’ve confirmed the students worked voluntarily, were compensated and provided benefits, but they should not have been allowed to work overtime,” Apple said in a statement.Apple and Foxconn have been accused of poor labor practices in the past, but the U.S. technology giant has been trying to get a grip of such issues, releasing annual reviews of the iPhone supply chain. More»
Amwal Al Ghad English - 2017-11-23 07:42:34
Telecom Egypt has confirmed that it has signed a final settlement agreement with Orange in respect of the ongoing disputes between both companies. In terms of financial impact for Telecom Egypt, the company will book within the fourth quarter of 2017 on its P&L additional revenue of 49 million Egyptian pounds and impairment to receivables of 22 million. The latter, however, is a non-cash charge and the settlement agreement in fact will lead to a net positive cash flow to Telecom Egypt of 74 million. Ahmed El Beheiry, Group Chief Executive, commented: "We are pleased with the resolution of our dispute and the settlement achieved, which was enabled by the mutual cooperation between Telecom Egypt and Orange. This marks the complete resolution of the longstanding legal disputes with Orange. The settlement agreement strengthens our collaboration and paves the way to the framework we will agree on in the future. We look forward to expanding our business relationship with Orange." Story provided by More»
Amwal Al Ghad English - 2017-11-23 07:20:47
Vodafone Egypt and AlexBank signed an agreement to increase the variety of transactions available to the operator’s mobile money customers; a move the pair hailed as supporting the country’s transformation into a cashless economy. The operator’s Vodafone Cash service currently enables money transfer services, but the deal will now see its remit widened to include a greater number of payment services. Consumers will also be able to deposit and withdraw money from their mobile wallet at AlexBank’s ATM network. “Such partnerships will work to transform Egypt into a cashless community,” Vodafone Egypt consumer sales director Karim Shehata said in a statement announcing the tie-up. He highlighted the deal was an important step in the development of e-payments in the country as it made services available outside working hours by incorporating cash points. In an interview with Daily News Eygpt, head of retail banking at AlexBank, Sherif Lokman, said the partnership would help Vodafone increase its number of Vodafone Cash customers from 3 million today to 5 million in 2019. More»
Amwal Al Ghad English - 2017-11-22 14:59:24
Google's been seriously stepping up its smartphone game ever since the launch of the Pixel last year, and for its second generation of handsets, we're no longer just choosing between a big and a little model, but also between a Pixel with a conventional versus a new ultra-wide display. But the Pixel 2 XL with its big face-filling screen isn't the only new smartphone of its kind to just hit the block, and Apple's grabbing headlines with a super-widescreen phone of its own, the new iPhone X. More»
Amwal Al Ghad English - 2017-11-22 14:52:13
With just a few days ahead of Black Friday, Google announced that its Search app has been redesigned to help users search for gifts while on the move. The new app features a set of shopping tools, as well as more product information available at first glance.First off, you can now tap the “Quick View” button in the Google Shopping ad to preview details such as a larger image, product description, reviews, seller rating and so on. Furthermore, Google announced it is now showing buying guides for broader categories. Moreover, when you search for a specific product, will now show you additional helpful information, including related items, so that you can compare reviews, prices and other specs, side by side.The app will also alert users via a label when there's a “newer model available” if you're searching for a tech gadget and stumbled upon a last year's product.Finally, something that couldn't have been missed by Google: shop by voice. With the help of Google Assistant, users will now be able to purchase needed items nearby by saying “Ok Google, where can I buy ...”. More»
Amwal Al Ghad English - 2017-11-22 14:44:39
It seems that those who are expecting grand surprises from Samsung with the Galaxy S9 will be in for a surprise, as a Korean publication has probed a few sources in and out of the company, and has the following quote from one anonymous Samsung official."Although the Galaxy S9 may not have the innovative features expected by the market, we are focusing on enhancing the completeness of the Galaxy S8 hardware and an innovative user experience (UX)", the official said .Camera With that out of the way, there will still be plenty of improvements worth waiting for, like a better camera, for instance. How much better? Well, take the dual camera of the Note 8, and slap it Samsung's new 1000fps slow-mo sensor we've told you about before. It is similar to Sony's 19MP 900fps wonder that is already in phones like the XZ Premium, but gets to the ultrafast capture speeds in a different, "3-stack layer" way, so as to avoid any patent fights. Coupled with an eventual new anti-glare coating, and maybe one of the two new sensors that Samsung announced not long ago, the S9 shooter may end up to be the best in its class, given that the Note 8 one is tied with the iPhone X for that title. More»
Amwal Al Ghad English - 2017-11-22 12:22:44
Eventtus announces a new investment round of 2 mil. USD led by Algebra Ventures and 500 Startups. This brings the total capital raised by the company to 2.65 mil. USD in less than 2 years. Previous investors include Raed Ventures and MEVP. The investment is among the top 10 investments that have been in the MENA region in the past 6 months. This comes in the context of the growth of the events industry and a clear mindset of event organizers globally keen on integrating digital apps and features for enhancing the event experience for participants. The investment will allow Eventtus to accelerate its expansion in the Middle East and introduce new products to also compete on a global scale. The company’s roadmap focuses on developing new platform features for optimizing the outcomes of all event stakeholders. New features range from making the lead generation process more efficient for exhibitors to diversifying the revenue generation options for organizers. Also, Eventtus is on course to launch its’ new AI module that will enable participants to identify the best people to connect to at each event based on a machine learning algorithm that understands their business goals better and better with each interaction. More»