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Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        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        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        

News - Egypt News

Amwal Al Ghad English - 2015-05-06 19:02:59
A Giza criminal court acquitted Wednesday afternoon leading Salafist preacher and former presidential candidate Hazem Salah Abu-Ismail on charges of insulting the police, suspending the initial court verdict in a retrial. Last September, the criminal court originally sentenced Abu-Ismail to one year in jail with hard labor for insulting and defaming the police. The famous Salafist preacher and former presidential candidate appealed against the court ruling. The case dates back to 30 December 2012 when video clips surfaced online showing Abu-Ismail verbally attacking and insulting police following a confrontation between security forces and his supporters. Hazem Salah Abu-Ismail was arrested in July 2013, during a crackdown on Islamists following the ouster of former president Mohamed Morsi, on charges of inciting violence that led to the death of nine protesters in Giza. In a separate case, he was later accused of submitting forged documents about his mother's nationality in official papers submitted to the election committee before the 2012 presidential election. In April 2014 he was sentenced to seven years in jail for forgoing the documents. Last month, the Court of Cassation rejected the appeal of the famous lawyer and Salafist preacher against the court ruling. Hazem Salah Abu-Ismail was also sentenced twice, in separate cases, to one year in jail with hard labor for insulting the judiciary during the forgery trial.Source: Ahram Online More»
Hisham Ibrahim, Enas Shaaban, Sanaa Allam - 2015-05-06 15:02:03
Egyptian President Abdel Fattah al-Sisi's upcoming visit to Moscow will be political and will not involve any talks over economic bilateral relations, chairman of Egyptian side of the Egypt- Russia Business Council, Ahmed El Wakeel said  Wednesday. Speaking to Amwal Al Ghad, the Egyptian official noted that a Russian business mission encompassing 150 Russia-based major firms is set to visit Cairo at the end of May. He added that most of the firms participating in the mission are working in fields of gas, oil, agricultural equipments, chemicals, building equipments, banking, and other important fields. He clarified that the upcoming period would witness starting the execution steps of establishing the Russian industrial zone in the new Suez Canal Project on which Al-Sisi and his Russian counterparts Vladimir Putin has agreed recently. Egypt's President Abdel Fattah El-Sisi will attend Russia's Victory Day celebrations on May 9 after Russia's Putin has invited him. Moreover, Next Saturday, Russia will celebrate the 70th anniversary of the Soviet Union's victory over Nazi Germany at the end of World War II. More»
Amwal Al Ghad English - 2015-05-06 13:47:04
Egypt’s economy has stagnated since the 2011 revolution, pushing millions into poverty, but one group isn’t feeling the pain: Egypt’s billionaires, whose wealth has increased dramatically since 2011. Earlier this year, Forbes announced their annual list of the world’s billionaires. It included eight Egyptian men, with a combined fortune of US$23.4 billion, an 80 percent increase on the US$13 billion Egypt’s billionaires shared in 2010. This surge in wealth accumulation comes at a time when Egyptians are being told to tighten their belts. Living standards have dropped since the revolution and Abdel Fattah al-Sisi’s government is making it a priority to cut subsidies and introduce other austerity measures. Yet, far from feeling the pinch, Egypt’s billionaires are better off now than they have ever been. Currently, the eight men – and they are all men – who sit at the top control around six percent of Egypt’s total wealth. Some of this wealth increase has come from abroad. Mohamed al-Fayed, for instance, made it on to Forbes’ list for the first time after selling his London department store Harrods for US$1.5 billion. More»
Amwal Al Ghad English - 2015-05-06 12:24:22
A new power station opened in Egypt on Wednesday, adding 1,300 megawatts to the country’s electricity grid at a cost of LE9.6 billion ($1.3 billion). Egypt’s Electricity Minister Mohamed Shaker and Prime Minister Ibrahim Mahlab attended the official opening. The new station is expected to help reduce Egypt’s power generation gap, as Egyptians move into summer and brace for power cuts. More»
Amwal Al Ghad English - 2015-05-06 11:09:22
ABU DHABI, 6th May, 2015 (WAM) -- Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture, Youth and Community Development, last night received Mustafa Yousri, Governor of Aswan Governorate in the Arab Republic of Egypt, and his accompanying delegation, along with members of the Arab Centre for Tourism Media, headed by Hussain Al Mannai, Chairman of the centre. During the meeting, which was also attended by a number of journalists and media professionals from Egypt, Saudi Arabia and Qatar, Sheikh Nahyan hailed the distinctive relations that the UAE and Egypt share, pointing to the ongoing cooperation between the two countries in all fields, especially in tourism and investment. More»
aya salah - 2015-05-06 10:58:51
Egypt will next week receive LNG shipment from Algeria’s Sonatrach at Ain Sokhna port, Khalid Abdul Badi Chairman of the Egyptian Natural Gas Holding Company (EGAS) told Youm7 newspaper. The country has already received two shipments of imported LNG at Ain Sokhna port. Badi told the newspaper that first shipment arrived in April while the second shipment from Noble Group arrived earlier this month. Late last year, Algeria and Egypt on Monday signed a natural gas deal. According to Egypt's Minister of Petroleum, as per the deal Algeria will supply 850,000 cubic meters of LNG in six shipments to Egypt during 2015. More»
Amwal Al Ghad English - 2015-05-06 10:08:19
Egypt's Foreign Minister Sameh Shoukry will visit South Sudan Wednesday, followed by a visit to Eritrea, according to a foreign ministry statement. The minister will discuss with his counterparts questions of terrorism, the situation in South Sudan, and the Horn of Africa region in terms of development and stability issues. Eritrean President Isaias Afwerki visited Egypt in September 2014. Also, Shoukry and Eritrean Foreign Minister Othman Saleh Mohamed met in September 2014 at the United Nations, and, again, in March at Egypt's economic conference at Sharm. Cairo was the second country following Sudan to recognise South Sudan after it gained independence from its northern neighbour in 2011. More»
Amwal Al Ghad English - 2015-05-06 09:22:08
Egyptian president Abdel Fatah al-Sisi said on Tuesday that EU investment in migrant home and transit countries can help curb illegal migration. Meeting with EU migration chief Dimitris Avramopoulos in Cairo, Sisi said EU investment can help eliminate the economic reasons pushing many young people to migrate from their home countries. He also highlighted the importance of economic development as a comprehensive strategy in combating terrorism. EU leaders agreed on 23 April to triple the funding for the bloc's search and rescue operation in the Mediterranean, in a bid to curb the soaring number of migrants dying after hundreds of men, women and children drowned in the Mediterranean's worst migrant disaster last month. Sisi went on to stress the significance of international cooperation and coordination as means to combat terrorism in the region, specifically in Libya, warning that the deterioration of the security situation in Libya could have a wider impact on the whole Mediterranean. More»
Amwal Al Ghad English - 2015-05-06 07:59:52
The Higher Education Ministry is considering taking advantage of the opportunity to work with the Agence Universitaire de la Francophonie (AUF) to develop university admission systems in Egypt. These new systems would ensure that high school scores are not the only standards to go by, but skills and the students' capabilities are also taken into consideration, says minister Al-Sayyed Abdel Khaleq. During a meeting with Herve Sabourin, director of the AUF's Middle East regional office on Monday, Abdel Khaleq revealed that a national center would be established to qualify graduates for jobs in cooperation with the AUF. More»
Amwal Al Ghad English - 2015-05-06 07:46:30
Egypt struck a deal to import 120,000 tonnes of Russian and Romanian wheat in an international tender, the country's supply ministry said on Tuesday. The imported wheat, bought at an average price $205.76 per tonne, will be delivered starting from June 16. The deal included 60 tonnes of Russian wheat and 60 tonnes of Romanian wheat. Also on Tuesday, supply minister Khaled Hanafi told Reuters that the ministry has so far bought about 1.6 million tonnes of local wheat since the current season began in mid-April. More»