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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        

Egypt News

No Plan for Egyptian Military Action against ISIL: Egypt’s PM

Published 2014-10-21 08:50:17| Amwal Al Ghad English

Egypt has no plans to provide the United States with direct military assistance in its war against Islamic State in Iraq and Syria even though American aerial bombardment may not be enough to defeat the group, the country's prime minister said. But Ibrahim Mahlab left open the possibility of military action if Cairo's Gulf Arab allies are threatened by the al Qaeda offshoot. With one of the biggest armies in the Middle East and wide experience in battling militancy, Egypt is regarded as a vital ally for the United States, which provides billions of dollars in annual aid to Cairo. Mahlab said Egypt's priority is ensuring stability at home, where security officials face resilient jihadist insurgents based in the Sinai Peninsula and regard militants in neighbouring Libya as a serious threat. "For the Egyptian army the most important thing is its borders and the stability of its country and the protection of its country," Prime Minister Ibrahim Mahlab told Reuters in an interview. He spoke hours after a bomb killed six Egyptian soldiers in the Sinai. The peninsula is the epicentre of an insurgency that has killed hundreds of Egyptian security forces since the army toppled President Mohamed Morsi of the Muslim Brotherhood last year after mass protests against his rule. But Mahlab appeared more flexible on the issue of Egyptian intervention when it comes to the security of oil-producing Gulf Arab allies Saudi Arabia and the United Arab Emirates. Those countries have pumped billions of dollars in aid and petroleum products into Egypt since the ouster of Mohamed Morsi in July 2013. They regard the Brotherhood as an existential threat to their monarchies and have formed an axis with Egypt against countries like Qatar, which backs the group. GULF SECURITY Mahlab stressed that Egypt never wants to interfere in the affairs of other states. But he went on to say: "The security of the Gulf is the security of Egypt and Egypt's security is the Gulf's security." Asked if the most populous Arab country would be willing to step in if Saudi Arabia and United Arab Emirates tell Cairo that Islamic State has emerged as a threat to their security, Mahlab said: "We will cross that bridge when we get there." The United States is seeking more help in its fights against Islamic State, which has seized parts of Iraq and Syria and has threatened to redraw the map of the Middle East. US Secretary of State John Kerry Kerry made several visits to Egypt in recent months, hoping it would weigh in. Asked to assess whether the United States would have to escalate beyond airstrikes to defeat Islamic State in Iraq and Syria, Mahlab was cautious. He noted that it was vital to improve the performance of Iraq's army, which virtually collapsed when Islamic State swept through northern Iraq in June. IRAQI ARMY MUST BE STRONG "Let's wait. The aerial intervention and the presence of the Iraqi army on the ground without doubt will have an impact, a positive impact in containing terrorism. The situation is difficult," said Mahlab. "The aerial intervention of the United States is a very important intervention at this stage. But is it enough? With the strengthening of the Iraqi army and the presence of the Iraqi army on the ground. We must evaluate step by step. It is still too early to judge what will happen in the field." Mahlab was especially concerned by Islamic State fighters with Western passports who can evade detection at airports. "Today there are people from the Islamic State from Europe. This is the biggest challenge today. When we said terrorism must be fought on a global level, many now understand this message." Sisi, now Egypt's elected president, has warned that Islamic militants are a global threat. He has been especially worried about militants thriving in the chaos of post-Gaddafi Libya. Security officials say those Islamists have made contact with Sinai militants belonging to the Ansar Bayt al-Maqdis group. An Ansar commander told Reuters the group has been coached by Islamic State. Egypt is training anti-Islamist Libyan forces on its soil and sharing intelligence in a bid to stamp out militancy next door. Security officials say Libyan pilots in Egyptian warplanes recently bombed militant targets in Libya, though officials in Cairo denied saying non-intervention is the guiding policy. "We favour non-interference in Libya's internal affairs. But we support both peoples and we also protect our border with Libya which is more than 1,000 kilometres," said Mahlab. "This gives Egyptian officials and the Egyptian army one goal -- protection of the Egyptian border." Perhaps signs that Islamic State members have themselves infiltrated Egypt are more worrying. Security officials told Reuters 13 members of the group -- Egyptians, Iraqis and Syrians -- were arrested in Egypt in recent weeks. "Maybe some infiltrated Egypt but we are protecting our borders and Egypt's laws strongly confront these terrorist movements. Security forces are present," said Mahlab. "There may be infiltration but that has had no impact on Egypt's security. Egypt's security is stable. Compare this day to a year ago. Egypt is stabilising and terrorism is receding." Bombings have eased. But regional violence has complicated life for authorities in Egypt, which has battled Islamists for decades and produced some of the most notorious ones, including al Qaeda leader Ayman al-Zawahri, a former physician. "The borders of terrorism are the whole world. When we confront terrorism in our country we must follow what happens in the entire region," said Mahlab. "We follow what happens in Libya, what happens in Syria, what happens in Yemen, what happens in Iraq." Mahlab placed the Muslim Brotherhood in the same category as Ansar and other groups which have carried out bombings against security personnel and Egyptian officials, an allegation it strongly denies.
International News
The United States issued stringent new protocols on Monday for health workers treating Ebola victims, directing medical teams to wear protective gear that leaves no skin or hair exposed to prevent medical workers from becoming infected. The new guidelines from the U.S. Centers for Disease Control and Prevention in Atlanta come as 43 people who were exposed to the first patient diagnosed in the United States were declared risk free, easing a national sense of crisis that took hold after two Texas nurses who treated him contracted the disease. Under new protocols, Ebola healthcare workers also must undergo special training and demonstrate competency in using protective equipment. Use of the gear, now including coveralls, and single-use, disposable hoods, must be overseen by a supervisor to ensure proper procedures are followed when caring for patients with Ebola, which is transmitted through direct contact with bodily fluids but is not airborne. The hemorrhagic fever has killed more than 4,500 people, mainly in the West African nations of Liberia, Sierra Leone and Guinea. “Even a single healthcare worker infection is unacceptable,” CDC Director Tom Frieden said in a teleconference with reporters outlining the new regulations. The old guidelines for health workers, based on World Health Organization protocols, said they should wear masks or goggles but allowed some skin exposure.
In his speech during the Cairo conference on Gaza aid, Qatari foreign minister Khaled Al-Attiya announced Doha's donation of $1billion for the reconstruction of the destructed Gaza Strip.