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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        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        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        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        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        Cairo Poultry   8.32        ARAB POLVARA SPINNING & WEAVIN   2.11        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        

Egypt News

Sisi meets Coca-Cola and Siemens Chiefs to boost investments in Egypt


Published 2015-02-26 10:25:11| Amwal Al Ghad English

Egyptian President Abdel Fattah al-Sisi is meeting Thursday with the CEOs of Coca-Cola and German industrial group Siemens to discuss means to bolster cooperation to increase the two firms' investments in Egypt in the upcoming period. The Coca-Cola Company (NYSE: KO) is the world’s largest beverage company, refreshing consumers with more than 500 sparkling and still brands. The Company has the strongest portfolio of brands in the nonalcoholic beverage industry – now featuring 20 brands that generate more than $1 billion USD in annual retail sales. On the other hand, Siemens is a global powerhouse positioned along the electrification value chain – from power generation, transmission and distribution to smart grid solutions and the efficient application of electrical energy – as well as in the areas of medical imaging and in-vitro diagnostics.
International News
Marijuana is now effectively legal in the nation’s capital even though Congress tried to stop it. District of Columbia residents who are at least 21 years old are free to grow as many as six plants and possess as much as 2 ounces, as a measure approved by voters in November took effect Thursday. It’s still illegal to sell the drug or smoke it in public. Mayor Muriel Bowser, a Democrat, allowed legalization to begin over the opposition of federal lawmakers, who have constitutional sway over the city. In December, Congress attached a provision to the U.S. budget that blocked the city from spending money to implement the measure. District officials said it doesn’t apply because the initiative was enacted before the budget. The police chief and head prosecutor agree. “The residents of the District of Columbia spoke loud and clear,” Bowser told reporters Wednesday. “We believe that we’re acting lawfully.” The decision thrust the city into the expanding nationwide push against marijuana prohibition. Alaska on Tuesday became the third state to legalize marijuana after Colorado and Washington. Oregon is to follow in July, when a ballot measure takes effect. Voters in at least five states, including California, Nevada and Arizona, may consider similar measures in 2016, according to the Marijuana Policy Project, a Washington-based group that favors legalization. District of Columbia officials have already decriminalized possession of as much as one ounce by reducing the penalty to a $25 fine. The step, approved last year, was aimed at concerns that drug-enforcement laws were disproportionately affecting black residents, who make up about half the city’s population of 646,000. Free Bowser Congress’s attempt to thwart legalization riled marijuana advocates and city officials, who chafe at the power Congress wields. Their decision to proceed was challenged by U.S. Representative Jason Chaffetz, the Utah Republican who is chairman of the House Oversight and Government Reform Committee. In a letter to Bowser on Tuesday, Chaffetz said she was acting in “willful violation of the law.” Congress didn’t try to block legalization during the 30-day period it had to review the law. Delegate Eleanor Holmes Norton, the district’s non-voting congresswoman, said in a statement that city’s interpretation of the law is supported by top-ranking House Democrats. Bowser said she’s confident in her role implementing a law that was approved by 65 percent of voters. “I have a lot of things to do here in the District of Columbia,” she told reporters. “Me being in jail wouldn’t be a good thing.” “But making sure that the will of the voters is implemented,” she said, “that’s my job. And that’s what I’m doing.”
MENA News
Israeli soldiers shot dead a Palestinian in the occupied West Bank on Tuesday, the military and a Palestinian hospital official said. Residents of the Deheishe refugee camp in Bethlehem said Palestinians threw stones at Israeli soldiers who had entered the area and the troops opened fire. An Israeli military spokeswoman said the Palestinians hurled rocks, blocks and firebombs at the troops, wounding one soldier. "The force, feeling imminent danger to their lives, responded with fire toward an instigator," she added. A Palestinian hospital official identified the dead man as 20-year-old Jihad al-Jaafari.