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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        


Leisure - Life Style

Amwal Al Ghad - 2012-10-14 09:08:38
Arab fashion industry has registered a solid growth of more than 400 per cent over the last decade with the UAE emerging as the regional fashion hub, attracting major international brands, said an expert. The region’s clothing market is valued at over $10 billion, and several more international names are making plans to enter the Middle East, revealed Hany Abu Omar, the managing director of H2 Fashion, a leading fashion retail group in Dubai. A part of A & H Investment owned by Abdullah and Hamad Al Ghurair, H2 Fashion operates more than 22 shops in the UAE, with a target to reach 45 shops in the UAE and 25 in the GCC by 2014. Currently, more than 120 employees work at the company. “The region is on par with big fashion destinations such as London, Paris, Tokyo and New York as far as the buying power of consumers is concerned. Residents and tourists in the region are ardent followers of international fashion and take a keen interest in keeping up with new trends,” he noted. The Arab fashion sector has grown manifold in 2012 with the prolification of shopping malls in the region as well as the rising interest of international brands to gain a foothold in the region, Abu Omar added. More»
Amwal Al Ghad - 2012-10-14 07:49:54
An abstract painting by German artist Gerhard Richter has a set a new record for the price paid at auction for the work of a living artist, after selling for $34.2 million, Sotheby's auction house in London said. "Abstraktes Bild (809-4)", from the collection of rock guitarist Eric Clapton, was sold to anonymous buyer after five minutes of bidding late on Friday, triggering a round of applause. The sale smashed the previous 2010 record of $28.6 million paid for Jasper Johns' "Flag" at Christie's auction house in New York in 2010. Richter's red, yellow and black oil on canvas had been estimated to fetch $14-19 million. "The combination of outstanding provenance and gold-standard quality in this sublime work by this blue-chip artist made for an historic auction moment," said Alex Branczik, senior director at Sotheby's and head of the sale. The top end of the art market has performed strongly in recent years despite a faltering global economy. More»
Amwal Al Ghad - 2012-10-13 09:21:40
The European Union won the Nobel Peace Prize on Friday for promoting peace, democracy and human rights over six decades, a morale boost for the bloc as it struggles to resolve its economic crisis. The award served as a reminder that the EU had largely brought peace to a continent that tore itself apart in two world wars in which tens of millions died. The EU has transformed most of Europe "from a continent of wars to a continent of peace", Nobel Committee Chairman Thorbjoern Jagland said in announcing the award in Oslo. "The EU is currently undergoing grave economic difficulties and considerable social unrest," Jagland said. "The Norwegian Nobel Committee wishes to focus on what it sees as the EU's most important result: the successful struggle for peace and reconciliation and for democracy and human rights." Jagland praised the EU for rebuilding Europe from the devastation of World War Two and for its role in spreading stability after the fall of the Berlin Wall in 1989. While welcomed by European leaders, the award will have little practical effect on the debt crisis afflicting the single currency zone, which has brought economic instability and social unrest to several states, with rioting in Athens and Madrid. More»
Amwal Al Ghad - 2012-10-13 07:08:22
Hilton Luxor Resort and Spa is celebrating a trio of major culinary accolades following a wave of recognition at local, national and international level. The honours kicked off at the Luxor Culinary Challenge 2012, recently staged and hosted by the ECA (Egyptian Chefs Association) in the city of Luxor, where Hilton’s executive sous chef Tarek Mohey El Din overcame tough competition to lead his team to victory in the live cooking category. Judges were impressed with the team’s locally inspired menu highlighting local produce and use of cultural influences of Egyptian cuisine.  Dr Ezzat Saad, Governor of Luxor, was delighted to present the talented team with their winning prize of LE1000. Hilton Luxor Resort & Spa’s head chef Paramasivam Shanker added to the hotel’s culinary competence after recently being nominated as a finalist in the hotly contested Chef of the Year category at the Middle East Caterer Awards. A further competition short-listing for the hotel’s culinary team will take place on 17 October in Abu Dhabi, UAE, when the skilled team line up as a finalist at the Hilton Worldwide F&B Masters competition. They will go head to head in an all-day cook off with Conrad Pezula hotel from South Africa and Hilton Abu Dhabi in the UAE. The event’s judging panel, comprising external industry experts as well as senior F&B operational management from Hilton Worldwide, will have a tough time assessing the team’s original menu submissions as well as the demands of a black box round where teams need to create a superb dish from a range of mystery ingredients in limited time. More»
Amwal Al Ghad - 2012-10-10 09:46:30
French and American scientists won the Nobel Prize in physics Tuesday for their work with light and matter, which may lead the way to superfast computers and "the most precise clocks ever seen," the prize committee said. Serge Haroche of France and David Wineland of the United States will share the $1.2 million prize, the second of six Nobel Prizes announced this month. The award surprised those who expected the physics Nobel this year to be related to the discovery of the Higgs boson, considered one of the top scientific achievements of the past 50 years. Wineland and Haroche work in the field of quantum optics, approaching the same principles from opposite directions. The American uses light particles to measure the properties of matter, whereas his French colleague focuses on tracking light particles by using atoms. Both Nobel laureates have found ways to isolate the subatomic particles and keep their properties intact at the same time, scientists at the Royal Swedish Academy of Sciences said in Stockholm, Sweden. More»
Amwal Al Ghad - 2012-10-09 09:52:53
A package of diaries said to have been posted to the United States from Britain in the 1960s could provide a vital clue to the origin of a controversial portrait presented in Geneva last month as Leonardo da Vinci's original "Mona Lisa." But in a twist typical of the intrigue-prone world of art, the diaries -- notes by early 20th century British connoisseur and collector Hugh Blaker -- disappeared and the Washington address they were sent to seems never to have existed. "Those papers could well provide the key to pushing back the provenance of this version of the 'Mona Lisa' by at least 150 years," Robert Meyrick, an academic and expert on the largely forgotten Blaker, told Reuters. And, of course, to helping establish if the so-called "Isleworth" variant of the world's most famous painting in the Paris Louvre could indeed be an earlier -- and priceless -- portrayal by Leonardo of the enigmatic, smiling lady. Blaker, an unsuccessful painter who as a museum curator and dealer had a reputation for recognizing lost Old Masters, found and bought the "younger Mona Lisa" in 1913 -- in, he later said, a nobleman's country house in Somerset in western England. More»
Amwal Al Ghad - 2012-10-09 09:42:45
One out of every eight people in the world is chronically undernourished, the United Nations' food agencies said on Tuesday, warning that progress to reduce hunger has slowed since 2007/08 when high food prices sparked riots in several poor countries. In their latest report on food insecurity, the UN agencies estimated that 868 million people were suffering hunger in 2010-2012, or about 12.5 percent of the world's population, down more sharply than previously estimated from about 1 billion, or 18.6 percent in 1990-92. The new figures are lower than the last estimates for recent years that pegged the number of hungry people at 925 million in 2010 and 1.02 billion in 2009. "That is better news than we have had in the past, but it still means that one person in every eight goes hungry. That is unacceptable, especially when we live in a world of plenty," said Jose Graziano da Silva, director general of the Food and Agriculture Organisation (FAO). "Most of the progress in hunger reduction was made until 2006, as food price levels continued to decline. With the rise in food prices and the economic crisis that followed, there have been many fewer advances," he warned. More»
Amwal Al Ghad - 2012-10-08 11:28:27
A British and a Japanese scientist won the Nobel Prize for Medicine on Monday for work on creating stem cells, opening the door to new methods to diagnose and treat diseases. Briton John Gurdon and Japan's Shinya Yamanaka equally share the prize of 8 million crowns ($1.2 million), the Nobel Assembly at Sweden's Karolinska Institute said in a statement. "These groundbreaking discoveries have completely changed our view of the development and specialization of cells." The discovery offered a new way to create stem cells with the ability to become different types of tissue by effectively turning back the clock on adult cells, restoring them to a so-called "pluripotent" state. The practical result can be that skin cells can be obtained from ill people to find out more about their diseases and develop new therapies. Medicine is the first of the Nobel prizes awarded each year. Prizes for achievements in science, literature and peace were first awarded in 1901 in accordance with the will of dynamite inventor and businessman Alfred Nobel. ($1 = 6.5846 Swedish crowns) More»
Amwal Al Ghad - 2012-10-08 11:23:03
A man who claims to have defaced a major painting by Mark Rothko over the weekend in London said on Monday that Marcel Duchamp, the French artist most famous for his 1917 urinal that shocked the art establishment, would be "happy" at what he had done. Police are investigating the incident on Sunday at Tate Modern gallery on the River Thames, where witnesses saw a man approach Rothko's 1958 canvas "Black on Maroon" and inscribe it with black ink in the lower right-hand corner. Although the ink had run down the canvas, a photograph posted by a witness on the Twitter website showed the words: "VLADIMIR UMANETS '12, A POTENTIAL PIECE OF YELLOWISM." A man answering a mobile phone number provided via a link on the website of the "Yellowism" movement (www.thisisyellowism.com) answered to the name of Vladimir Umanets and told Reuters he had carried out the attack. "I'm aware they (the police) will come at some point and arrest me," he said, speaking in an eastern European accent. "It was an artistic statement, but it was more about having the opportunity to speak about galleries and art," he added, explaining his actions. More»
Amwal Al Ghad - 2012-10-06 14:01:47
An 11-year-old boy from a nomadic family in Russia’s north has stumbled upon a massive well-preserved woolly mammoth, in what scientists describe as the best such discovery since 1901. Yevgeny Salinder, whose family lives near a polar station in the northern Taimyr Peninsula, discovered the frozen prehistoric animal when he was strolling along the banks of the Yenisei River in late August. “He sensed an unpleasant odour and saw something sticking out of the ground - it was the mammoth’s heels,” said Alexei Tikhonov, director of the Saint Petersburg-based Zoological Museum, who rushed to the tundra after the boy’s family notified scientists of the historic find. Tikhonov said it was the best preserved adult mammoth discovered in more than 100 years. “So far we can say it is the mammoth of the century,” Tikhonov said. More»