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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Orascom Telecom Holding (OT)   3.92        Rakta Paper Manufacturing   4.39        Egyptian Iron & Steel   6.87        Naeem Holding   0.19        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        Northern Upper Egypt Developme   4.93        Egyptian for Tourism Resorts   0.69        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Heliopolis Housing   21.65        United Housing & Development   8.93        Raya Holding For Technology An   4.57        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        National Development Bank   6.72        Six of October Development & I   15.03        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        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        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 - 2014-11-25 10:26:40
Egyptian Planning Minister Ashraf Al-Araby asserted that building and construction sectors are the most important that will witness a great boom within the upcoming period as result of the announcement of several national projects, the investment rates of these sectors increased and the economic indexes revealed that the two sectors grow by 4.9% within the first quarter of this year from the previous year. The Minister added in a keynote speech second session at 'Builders of Egypt' Conference Cairo on Tuesday that the ongoing government is keen on supporting the Construction companies to contribute in completing the expected projects and implementing new projects throughout paying around EGP2.5 billion during the last fiscal year as arrears for the companies. It is expected that the economic growth rates will increase 3.5% to 3.8% as result of the high growth rates of the manufacturing operations and construction of the Suez Canal, which contribute in boosting rates of building and construction sectors, Al-Araby noted. Moreover, the Minister asserted that the unemployment rates declined to 13.1% in the first quarter of 2014/2015 in compared to 13.3% during the last quarter of 2013/2014, noting that the country has a great challenge to overcome unemployment rates. More»
Amwal Al Ghad English - 2014-11-25 10:13:30
Acting as Chinese President Xi Jinping's special envoy, Meng Jianzhu assured Egyptian President Abdel-Fattah al-Sisi and Prime Minister Ibrahim Mahlab of China's continued support in security and law enforcement to better serve their respective national security and maintain stability in the region, according to a Xinhua report. Acting as Chinese President Xi Jinping's special envoy, Meng Jianzhu assured Egyptian President Abdel-Fattah al-Sisi and Prime Minister Ibrahim Mahlab of China's continued support in security and law enforcement to better serve their respective national security and maintain stability in the region, according to a Xinhua report. More»
Amwal Al Ghad English - 2014-11-25 09:51:54
Egyptian authorities will partially reopen the Rafah border crossing linking Gaza with Egypt's Sinai Peninsula on Wednesday and Thursday, a Palestinian official has said, describing the move as "almost certain." He said the move was aimed at allowing Gaza residents stranded on the border with Egypt to return to the blockaded Palestinian territory. "Information about the reopening of the crossing will be confirmed when Egyptian authorities contact the Palestinian side," Maher Abu Sabha, the head of Gaza's border authority, said in a statement. The Anadolu Agency could not immediately obtain comments from the Egyptian side regarding Abu Sabha's remarks. Some 6,000 Palestinians are currently stranded on the Egyptian side of the border with the Gaza Strip, the Palestinian Interior Ministry said Thursday. Egypt closed the Rafah border crossing, Gaza's only access to the outside world, on October 24 following an attack on a military site in the Sinai Peninsula that left 31 Egyptian troops dead. More»
Amwal Al Ghad English - 2014-11-25 09:45:07
The evacuation of homes to create a buffer zone along the border with the Gaza Strip has been completed, the governor of North Sinai said on Monday. Areas of Sheikh Zuweid and Rafah are to be demolished as part of the Egyptian army's ongoing anti-terrorism campaign. The evacuation decision was made after a militant attack on 24 October killed 31 army personnel. Local governor Abdel-Fattah Harhour said the process of monetary compensation for the evacuees was still ongoing, state news agency MENA reported. He added that 290 families had been compensated, with a total of EGP 97 million (around $13.56 mn). A total of 802 houses have been evacuated, accommodating 1,156 families. Although the majority of homeowners agreed to the move, 140 did not, though they were still evacuated. The buffer zone is one kilometres wide and 14 long. Egypt's military has been combating a decade-long jihadist insurgency in Sinai, with attacks increasing over the past year. Hundreds of soldiers and police have been killed, while the army says it has killed and arrested hundreds of jihadists. Civilians have also been caught in the violence. More»
Amwal Al Ghad English - 2014-11-24 15:03:02
Egypt is trying to renegotiate an extension of an agreement worth $1.5 billion with Suez Canal Container Terminal which has a concession to run a port near the entrance to the canal, a government official said. Ahmed Amin, an advisor to Egypt's transport minister, attended talks two weeks ago with SCCT, which is 55 percent owned by APM Terminals, part of the Maersk group. Amin told Aswat Masriya, a news website sponsored by the Thomson Reuters Foundation, that talks in December would focus on the 14-year extension of the concession for the port, East Port Said. The extension agreement partially exempted SCCT from rent and other fees in exchange for the company building an $80 million pier. Amin said the terms of the extension were worth more than $1.5 billion. More»
Amwal Al Ghad English - 2014-11-24 09:18:30
Egyptian President Abdel Fattah al-Sisi left for Rome Monday on his first European trip since ousting his Islamist predecessor and overseeing a crackdown that has killed hundreds. Sisi is to meet Pope Francis at 1330 GMT on the first Vatican visit by an Egyptian leader in eight years, officials said. He will then meet Italian Prime Minister Matteo Renzi at 1800 GMT, Renzi's office said. Sisi, who was then army chief, ousted president Mohammad Morsi, the country's first freely elected leader, in July 2013, prompting a wave of deadly violence between security forces and Morsi's supporters that drew rebukes from Europe and the United States. But boosted by its increasingly central role in combating Islamist militancy, Egypt has come in from the cold since Sisi won a presidential election in May after crushing both Islamist and secular opponents. Officials said the four-day tour, which will also take him to France, is also aimed at securing European investment in the Egyptian economy, which has been battered by political turmoil since the Arab Spring uprising of 2011. More»
Amwal Al Ghad English - 2014-11-24 08:53:56
Egypt and South Sudan signed several cooperation agreements, following South Sudanese President Salva Kiir’s three day visit to Cairo which concluded with a meeting with his Egyptian counterpart. Kiir held closed talks with Egyptian President Abdel Fattah Al-Sisi on Saturday, in which Al-Sisi asserted Egypt’s support of South Sudanese stability, reported state-run Al-Ahram. The newspaper added that Egypt would not intervene in the country’s internal affairs. Kiir’s visit to Egypt comes shortly after conflicting parties in South Sudan reached an agreement to end nearly a year of fighting between government and opposition troops. Hani Raslan, Sudan and Nile basin countries expert at the Al-Ahram Center for Political and Strategic Studies, said South Sudan is an “important country for Egypt in terms of the situation and strategies in Nile basin countries in general”. He added that it is in Egypt’s interests to have positive relations with South Sudan. This is especially so to prevent other parties whose agendas in South Sudan may be a burden to Egypt’s national security from gaining strength. More»
Amwal Al Ghad English - 2014-11-24 08:16:29
Egypt’s President Abdel-Fattah El-Sisi will start a European tour on Monday, with Italy as his first destination, followed by the Vatican and France. In Italy, El-Sisi has a packed schedule, according to presidential spokesman Alaa Youssef. He will meet Italian President Giorgio Napolitano followed by separate meetings with the President of the Italian Senate, Pietro Grasso, and the Italian Prime Minister Matteo Renzi. Accompanying the president are delegations from the ministries of foreign affairs, industry and foreign trade, investment and supply and internal trade. The meetings will involve discussing ways to strengthen bilateral ties between the two countries along with a number of regional and international issues such as countering terrorism and fighting extremist thought. El-Sisi will also meet with the executive director of the United Nations World Food Programme and the director general of the UN Food and Agricultural Organisation (FAO) in Italy. In addition, he will meet with Italian businessmen, in attempts to increase Italian investment in Egypt. In the Vatican, El-Sisi will meet with Pope Francis, and the Vatican’s Secretary of State Pietro Parolin. More»
Amwal Al Ghad English - 2014-11-24 08:14:10
Egypt's President Abdel-Fattah El-Sisi on Sunday received the final report of the fact-finding committee assigned to investigate violent events in Egypt since the ouster of president Mohamed Morsi in June 2013, Egypt's presidency announced. The committee gave the report to El-Sisi at the presidential headquarters, said a spokesman for Egypt's presidency, Alaa Youssef. The president sent the document to the cabinet for discussion, after which it will be sent to judicial authorities to take the necessary actions concerning its findings, said the spokesman. The fact-finding committee was formed in December 2013 by interim president Adly Mansour and is headed by Fouad Abdel-Moneim Riad, a high-profile judge who was a member of a UN international commission on war crimes in former Yugoslavia. The fact-finding committee will hold a press conference on Wednesday to announce its findings. Egypt was swept up in nationwide violence after Morsi's ouster, especially after the bloody dispersal of two pro-Morsi sit-ins in Cairo that left hundreds dead in August 2013. More»
Amwal Al Ghad English - 2014-11-23 08:57:10
South Korean Prime Minister Chung Hong-won arrived in Cairo on Saturday on an official visit that will last for three days, during which he is expected to discuss means of boosting economic cooperation with Egypt. Receiving the South Korean Prime Minister at Cairo Airport were his Egyptian counterpart Ibrahim Mahlab, Tourism Minister Hesham Zaazou and the staff of the South Korean Embassy in Cairo, some airport sources said. Following his visit to Egypt, Chung Hong-won will head to Morocco and then Azerbaijan on a week-long trip aimed at bolstering economic cooperation with the three states, South Korea's official Yonhap news agency said earlier. It added that in Egypt, the South Korean premier would meet with his Egyptian counterpart Ibrahim Mahlab to discuss the participation of South Korean companies in building a nuclear power plant in Egypt. Egypt plans to construct four nuclear power plants for the generation of electricity. The plants are hoped to be operational between 2015 and 2025. A senior Electricity Ministry official said earlier that seven international companies had already applied for the construction of Egypt's first nuclear power plant. He said the companies included one from Russia, another from the United States, a third from South Korea and a fourth from France. More»