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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        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        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        Palm Hills Development Company   1.61        Credit Agricole Egypt   9.04        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        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        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        Alexandria Spinning & Weaving    0.74        General Company For Land Recla   16.6        Gharbia Islamic Housing Develo   8.41        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 - 2014-09-30 09:22:52
Foreign Minister Sameh Shoukry discussed on Sunday the possibility of Egypt becoming a non-permanent member of the UN Security Council in 2016-2017, with Egypt’s UN Permanent representative Ambassador Amr Abu Ata, according to a Monday statement by the foreign ministry. Shoukry praised the members of the permanent representative delegation for the logistical support they offered during the recent visit of Egyptian President Abdel Fattah Al-Sisi to the United Nations. The minister also urged the delegation to continue presenting the achievements of Egypt in the field of foreign policy to the agenda of the United Nations concerning issues of development, climate change, disarmament, and peacekeeping in order to guarantee that member states’ support for Egypt’s candidature to the Security Council. Shoukry presented a booklet with Egypt’s aspiration to take the seat in 2016 in United Nations system to his counterparts during several meetings on the sidelines of his recent UN visit, according to the foreign ministry statement. A similar demand was presented by President Al-Sisi during his UN speech where he announced that Egypt is aiming to have a non-permanent membership in order to serve and protect the interests of developing countries. Egypt was elected as non-permanent Security Council member in 1946, 1949-1950, 1961-1962, 1984-1985, and 1996-1997. More»
Amwal Al Ghad English - 2014-09-30 09:18:20
The Islamic State (IS) group is reportedly coaching Egypt's Sinai-based Ansar Bayt al-Maqdis militants, who have been waging an insurgency against the military-backed Egyptian authorities. But the coaching, on how to operate more effectively, is said to be done online. "They teach us how to carry out operations. We communicate through the internet," a senior commander from Ansar, who asked to remain anonymous, told Reuters. "They don't give us weapons or fighters. But they teach us how to create secret cells, consisting of five people. Only one person has contact with other cells." "They are teaching us how to attack security forces, the element of surprise," he said. "They told us to plant bombs then wait 12 hours so that the man planting the device has enough time to escape from the town he is in." Sinai-based militants, traditional foes of successive military-backed authorities in Cairo, have killed hundreds of members of the Egyptian security forces over the last year. The upsurge in attacks came following the overthrow of Egypt's first freely elected civilian president Mohamed Morsi in a military coup on 3 July, 2013. The Egyptian authorities say the current security vacuum in neighbouring Libya has allowed the Egyptian militants to find safe havens across the border, while also establishing contacts with IS supporters there. "There is definitely coordination between Ansar, the militants in Libya and Islamic State leaders," an Egyptian security official told Reuters. Meanwhile, in an interview with pan-Arab daily al-Hayat, Egyptian foreign minister Samih Shoukri said Egypt’s participation in the anti-IS coalition is limited to "offering political support and solidarity." And in his address to UN General Assembly, Egyptian President Abdel Fattah al-Sisi said in order to defeat terrorism, the United States must tackle "all" threats in the region and not just those in Iraq and Syria, which some have understood to be a reference to political Islam, even when no violence is involved. Critics say post-coup Cairo is trying to broaden its definition of "terrorism" to include political dissent, especially against the Muslim Brotherhood, which has won every poll it was allowed to take part in after the 2011 uprising. The Brotherhood, which Morsi hails from, is now banned after accusations of taking part in "terrorist" activities, a charge the group strongly denies and says is politically motivated and trumped-up. Observers agree, however, that the security threat of Sinai's militants is real and rising, following the government's tightening of means to express dissent peacefully. Ansar had recently beheaded four Egyptians it accused of providing intelligence to Israel for an air strike that killed three of its militants. "The beheadings had a purpose," the Ansar commander told Reuters, following the rare act of decapitations in Egypt, adding that anyone cooperating with the militants' enemies would face a similar fate. He also said that government operations are counterproductive. "Every time one of us is killed, two or three others join. Usually relatives of those who are killed." Ansar militants are not the only group taking part in the anti-army insurgency, the commander said. "There are others operating in Egypt. We don't know anything about them," he said. More»
Amwal Al Ghad English - 2014-09-30 09:02:24
Russia plans to hold talks in Egypt next month over the latter’s planned purchase of MiG-35 fighter jets, reported Russian news agency ITAR-TASS on Monday. “They [Egyptian representatives] visited our corporation. We hope that we will be invited to technical talks next month,” Director-General of Russia’s Aircraft Corporation MiG Sergei Korotkov said. The deal, which is reportedly worth EGP 21 billion ($3 billion), was reported in February amid suggestions Egypt is aiming to reduce its military cooperation with the US, whose ties with the North African country took a turn after the ouster of Islamist president Mohamed Morsi last year. In an interview during the last presidential election, however, Egypt’s president Abdel Fattah al-Sisi, stressed that Egypt has always had strong ties with Russia and that this does not affect cooperation with the US. Since signing a peace treaty with Israel in 1970, Egypt has been receiving some EGP 9.1 billion ($1.3 billion) in annual US military aid. Egypt had strong ties with Russia in the 1950s and 1960s, as the Soviet Union was the main supplier of arms to Egypt until the early 1970s. After Morsi's ouster, the United States held the delivery of Apache helicopters but decided to lift its ban in April. The attack aircrafts are yet to be delivered, with El-Sisi calling on the US to send them in a recent televised interview with American station, CBS. More»
Amwal Al Ghad English - 2014-09-30 07:59:35
Officials in Egypt are demanding an immediate and total boycott of Turkish goods, and even a breakoff of diplomatic relations between the two countries, Egyptian media reports said. The call is the latest chapter in the steady and ongoing decline in relations between the two countries, with Turkey accusing Egypt's President Abdel Fattah al-Sisi of everything to “illegitimacy” to “terrorism” to “war crimes.” The sour relations between the two countries have their roots in the overthrow of former Egyptian President Mohammed Morsi by the al-Sisi led Egyptian army several years ago. Since then, Turkey has slammed al-Sisi as being a “dictator” who is “persecuting Muslims.” Just last week, Turkish President Recep Tayyip Erdogan said he would welcome seven top Muslim Brotherhood figures being forced to leave Qatar, indicating his strong ties with the Islamist group - and by extension with its Gaza offshoot Hamas. "In the event that they request to come to Turkey, then necessary investigations will be carried out. ...If there are no obstacles, the mandatory convenience provided to everyone will also be provided to them," Erdogan said on returning from an official trip to Qatar, reports the Turkish Hurriyet Daily News. More»
Amwal Al Ghad English - 2014-09-29 14:44:40
Two container ships collided on Monday morning in Egypt's Suez Canal, Al-Ahram's Arabic news website reported. The German Colombo Express was coming in from the Mediterranean Sea when it hit the Singaporean ship Maersk Tanjong half a kilometre from the Port Said port, Al-Ahram said. Both ships sustained minimal damage; four containers fell into the canal, which the Canal Authority retrieved. Navigation along the canal was temporarily interrupted for three hours. The SCA sent vessels to lead both ships to the Al-Balah bypass so they could continue their journeys. More»
Amwal Al Ghad English - 2014-09-29 08:33:11
President Nasser died last night of a heart attack. Cairo Radio, in a broadcast, said that he had experienced the first symptoms while returning from ceremonies to mark the end of the Arab summit talks. He died three hours later. He was 52. The strain of the past few days must have told on the President, who has been suffering from heart trouble for some years. The Arab world has just gone through its worst crisis since the June war with Israel in 1967 - and in some ways the Jordanian civil war was worse, since it was Arab killing Arab. For Nasser it was a bitter time. Early this year he had taken the risk - against the advice of most other Arab leaders - of accepting the American peace initiative and stating his readiness for a settlement with Israel negotiated through the United Nations. Only King Hussein among the Arabs gave him full support. Then latterly Hussein himself came into conflict with the Palestinians on his own territory, just because he had said that he would accept a negotiated peace. With the civil war, and the brutal conduct of some Bedouin units, Hussein’s credit among the Arab states was running out. Nasser, too, was thus in danger of isolation. More»
Amwal Al Ghad English - 2014-09-28 08:32:13
The head of the canal authority (SCA) Mohab Memish said one of the main objectives of Suez Canal project is transiting Egypt to a global logistics center through new projects and legislation which will be announced by SCA during the upcoming phase most notably the investors must appoint 75% of Egyptian youths into each project and appointing 25% of foreign expertise. More»
Amwal Al Ghad English - 2014-09-28 06:48:00
An explosion in front of a church in the upper Egyptian city of Minya took place on Saturday, Aswat Masriya reported. No injuries have been reported, and the church is also reportedly undamaged, although a car parked near the area was destroyed. The church, Minya Al-Amir Tadros Coptic Orthodox church, is also near Minya's security directorate. Eyewitnesses told Aswat Masriya that they heard a loud explosion and said the sound came from underneath the car, which was parked metres away from the church. Initial reports suggest the explosion was caused by two improvised explosive devices. The head of the criminal investigative unit in Minya, Hesham Nasr, has said it is still unclear whether the yet-to-be identified car owner was involved in the bombing. Nasr added that security forces had cordoned the area off for further investigation. Al-Amir Tadros Orthodox Church is currently being renovated after it was ransacked by pro-Muslim Brotherhood supporters last year following the violent dispersal of two pro-Muslim Brotherhood vigils in Cairo and Giza. There has been a rise in militant attacks since the ouster of Morsi in July 2013. Although most have taken place in Sinai, where police and army personnel are targeted on almost daily bases, there have been deadly bombings in Cairo and the Nile Delta. More»
Amwal Al Ghad English - 2014-09-28 06:46:33
Egypt’s revenues from the Suez Canal totalled $510 million in August, a 12 percent increase from the $455 million generated in August last year, according to Egypt's Information Portal (EIP). The new figure also represents a 5.8 percent rise from the previous month’s revenues of $482.2 million. According to Mohab Memish, the head of the canal authority (SCA), revenues reached a substantial $5.3 billion (LE37 billion) in the fiscal year ending in June 2013, the highest revenues since its opening in 1869 and a 5.5 percent increase from the last fiscal year. The number of vessels passing through the canal this August was 1,577, an 8.8 percent increase from 1,449 vessels in the same period a year earlier, showed the EIP data. The artificial waterway which connects the Mediterranean and Red Sea is one of the country's main sources of foreign currency revenue, along with tourism and remittances from Egyptian expatriates. Egypt's foreign reserves amounted to $16.8 billion in August, according to the central bank. The SCA is currently digging a parallel waterway with the aim of increasing traffic in the canal to raise revenues to $12-$13 billion by 2023, according to the minister of finance, Hany Qadry. More»
Amwal Al Ghad English - 2014-09-27 13:40:03
Egyptian Foreign Minister Sameh Shoukry participated in discussions and meetings on regional and international issues in New York including Libya, Syria, Iraq, and Palestine, and the efforts to establish the Middle East as a zone free of nuclear weapons. Foreign ministers of the countries neighbouring Libya, including Shoukry, met on Friday with the Secretary General of the Arab League Nabil El-Araby and the African Union Commissioner for Peace and Security Smail Chergui to discuss the situation in Libya. The meeting addressed the “overall political and security situation in Libya and ways out of the current impasse”. Egypt was a signatory to a joint communiqué last Monday calling for ceasefire in Libya and expressing support for the Libyan House of Representatives in the face of the Islamist dominated General National Congress that has attempted to establish a rival government. More»