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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        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        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        Egyptian Transport (EGYTRANS)   7.85        Sharkia National Food   3.78        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        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 - 2016-08-25 10:42:22
Egyptian president Abdel Fattah al-Sisi will begin a landmark visit to India from 1 September, his second in less than a year, during which he is set to hold talks with the top Indian leadership, including Prime Minister Narendra Modi. The ministry of external affairs said Sisi will be accompanied by a high-level delegation comprising ministers, officials and business leaders. The main items on the agenda of discussions between Sisi and Modi are expected to be ways to eradicate terrorism and deepen economic engagement between the two countries. “President Sisi’s visit will be a landmark and it will give further momentum to the already strong partnership between the two countries,” India’s ambassador to Egypt Sanjay Bhattacharyya was quoted as saying by PTI in Cairo. “The bilateral relations between the two countries have three pillars which are political, economic and cultural exchanges and the discussions during the visit would cover those three areas,” Bhattacharyya said. “There are also new Indian investments in Egypt as we seek to expand our economic engagement. We recently inaugurated a vocational training centre here and we are looking forward to start our next development project which is a centre of excellence in information technology at Al-Azhar University,” Bhattacharyya said. Sisi last visited India in October last year for the third India-Africa Summit. Egypt was one of the first countries to feel the impact of the Arab Spring revolution which began in 2011 and saw the overthrow of long ruling dispensations in Tunisia and Egypt, besides Yemen and Libya. Since coming to power in June 2014, Sisi has taken steps to boost the Egyptian economy. Last year, he inaugurated the New Suez Canal, a waterway running parallel to a part of the 19th century Suez Canal connecting the Mediterranean and the Red Sea. The project cost an estimated $8 billion. Sisi’s visit comes as India engages countries in the region. Last year, Modi visited the United Arab Emirates and this year, he visited Qatar, Saudi Arabia and Iran. Indian external affairs minister Sushma Swaraj had visited Oman, the United Arab Emirates and Bahrain besides Egypt last year. Last week, minister of state for external affairs M.J. Akbar visited Syria, Lebanon and Iraq. During his visit, Sisi is expected to meet business leaders from India. India is Egypt’s sixth largest trading partner. More»
Amwal Al Ghad English - 2016-08-25 09:37:34
A Russian official announced on Tuesday that Russian experts are reporting positive assessment of security measures at Egyptian airports, adding that flights from Russia to Egypt may be resumed in the second half of October, according to Russian state news agency Sputnik. The comments by director of the Russian Tourist Association Turpomosch Alexander Osaulenko came one day after Egypt's aviation minister Sherif Fathy said that a Russian delegation was expected to visit Egypt next week to inspect security measures at Egyptian airports, after which Russia would make a decision on whether flights would resume in October. Moscow suspended passenger flights to Egypt last year over security concerns after the crash of a Russian jet minutes after taking off from the airport at the Egyptian resort city of Sharm El-Sheikh. All 224 people on board were killed in the crash, which was claimed by Islamist militants. More»
Amwal Al Ghad English - 2016-08-25 08:55:33
 Egypt says it is considering introducing rainmaking technology known as cloud seeding in hopes of providing a new source of water in the desert country. Cloud seeding, invented in 1946, can enhance the ability of clouds to produce precipitation. It involves infusing clouds with chemicals to increase water condensation, thus increasing rainfall. Egypt signed a protocol with Germany in April where the European country is to train Egyptian staff to use weather modification technology, according to the head of Egypt's Meteorological Authority Ahmed Abdel-Al. Earlier this week, a German team conducted an orientation session in Cairo on methods employed to use the technology, which is currently applied in many parts of the world including Germany, China, the UAE and France. More»
Amwal Al Ghad English - 2016-08-25 08:32:41
The Turkish Embassy in Cairo said on Wednesday that flights between Turkey and Egypt's resort city of Sharm El-Sheikh would resume on 10 September. In early August, Turkish Airlines said that the first flight from Istanbul to Sharm El-Sheikh will leave on 10 September at 23:30 local time. Turkish Airlines is set to operate four flights per week to and from the Egyptian resort. More»
Amwal Al Ghad English - 2016-08-25 08:02:18
President Abdel-Fatah al-Sisi received King Abdullah II of Jordan in the presidential palace in Cairo on Wednesday. The King is on a visit to Egypt to discuss bilateral relations between the two countries as well as to regional and international issues, according to a statement by Egypt's presidency. More»
Ahmed El Demerdash - 2016-08-24 13:22:37
Egyptian Holding Company for Airports and Air Navigation (EHCAAN) is currently in talks with the Armed Forces on utilising the infrastructure of Cairo Airport City project. A senior source at EHCAAN told Amwal Al Ghad Wednesday that the total investments of utilisation works at the project are estimated at around 3.5 billion Egyptian pounds (US$393.9 million). EHCAAN received offers from a number of local and foreign companies but they all were rejected as they did not follow project's financial and technical terms, the source clarified. The source stated that the company aims at finishing utilisation processes at the Airport City as soon as possible to issue it for investors. The Airport City project is set to be established on total space of 10 million square meters with investments worth more than US$17 billion pounds. It is set to include a new trade free zone, cargo village, factories belonging to the civil aviation for packaging and food terminals. In addition, it will encompass an entertainment area, administrative offices, hotels and hospital. More»
Amwal Al Ghad English - 2016-08-24 09:42:55
Egypt has agreed Tuesday to extend its financial cooperation agreement worth €50 million ($56.4 million) with Austria for further two years until 2018. This comes during a meeting Tuesday evening between Egyptian Minister of International Cooperation Sahar Nasr and Georg Stillfried, Austrian ambassador to Cairo. The two officials discussed the ongoing and future joint cooperation projects in Egypt and plans to hold the third session of the Egyptian-Austrian joint committee for economic cooperation soon. Economic ties between Cairo and Vienna go back as far as 1975. Austria has so far contributed to financing a number of vital projects in Egypt, notably €10 million desalination project in Arish and Sidi Abdel Rahman as well as €10 million railway restructure programme. More»
Amwal Al Ghad English - 2016-08-24 09:21:55
President Abdel Fattah al-Sisi met on Tuesday with US congressman and member of the Committee on Appropriation Jeff Fortenberry as well as an accompanying delegation to Cairo. They discussed strengthening “strategic relations” between the two countries. Al-Sisi affirmed Egypt’s welcoming of continued dialogue with the US in the meeting that was also attended by Minister of Foreign Affairs Sameh Shoukry and the US ambassador to Cairo Stephen Beecroft. More»
Amwal Al Ghad English - 2016-08-24 09:06:16
The contracts with two consulting firms to carry out technical studies into the impact of Ethiopia's Grand Renaissance Dam will be signed on 5 and 6 September, Egypt's foreign ministry said on Tuesday. In a meeting with reporters, Ahmed Abu Zeid said that the irrigation ministers of Egypt, Sudan and Ethiopia will attend the contract signing in Sudan. The three countries agreed in 2015 that two French firms, Artelia and BRL, would carry out technical studies into the impact of the hydroelectric dam, set to be Africa's largest when completed next year. Negotiations have been ongoing since 2011, when Egypt raised concerns that the dam, located in the Ethiopian highlands on the Blue Nile, could impact its share of Nile water. More»
Amwal Al Ghad English - 2016-08-24 08:55:47
President Abdel Fattaha al-Sisi is expected to issue a presidential pardon to 200 political prisoners within the next few days. Among those expected to be pardoned are a number of university students, sources in the Interior Ministry said on Tuesday, on condition of anonymity. The presidential pardon will be executed on the occasion of Eid Al-Adha according to a list of names prepared by divisions within the Interior Ministry, which includes the Prisons Authority and human rights sector. Like previous pardons issued by al-Sisi, this pardon will include prisoners who are not jailed over charges related to drug dealing, homicide, or any crime that represents a threat to Egypt’s national security. More»