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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        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        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        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        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        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        Prime Holding   0.91        Al Arafa Investment And Consul   0.17        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 - 2015-12-01 11:45:10
Egyptian investment ministry is to hold Egypt Mega Projects Conference on 8-9 December 2015 in cooperation with the UAE-based MEED organisation. The conference - hosted by MEED and supported by Egyptian General Authority For Investment (GAFI)- is set to take place in Four Seasons Hotel Nile Plaza, Cairo, Egypt. The conference aims at highlighting the accomplishments and successes resulting from Egypt's March Economic Summit and announcing further developments driving Egypt’s economic growth. More»
Amwal Al Ghad English - 2015-12-01 08:02:34
Egypt's President Abdel-Fattah El-Sisi presented Egypt and Africa's initiatives to face climate change at the UN summit on the issue in Paris, calling for international support for African countries, whether technical or financial, in order to face the impacts of climate change. In a panel hosted by UN Secretary-General Ban Ki-Mon on climate resilience during the 2015 Paris Climate Conference Monday afternoon, the Egyptian president stated that climate change represents a huge challenge to the African continent despite it having the lowest level of harmful emissions globally. More»
Amwal Al Ghad English - 2015-12-01 07:56:17
Three secular political forces – the Free Egyptians Party, Future of Homeland and the Wafd Party – are expected to win the lion's share of seats in Egypt's new parliament. The three forces, which have so far gained 87 seats in parliament, will have 145 candidates in the run-off round of the second and final stage of the polls, scheduled for Tuesday and Wednesday. On Sunday, the Higher Election Committee (HEC) announced that 426 independents will be competing for 213 seats in 99 constituencies in the run-off. HEC spokesman Omar Marawan indicated that the run-offs will take place in 13 governorates, with Egyptian expatriate voters to cast their ballots on Monday and Tuesday and domestic voters on Tuesday and Wednesday. Most experts expect that cold weather and local and international events attracting the attention of voters might contribute to, at best, an average turnout. In the first round, held between 21 and 23 November, the turnout was above average, registering 29.8 percent. Marawan announced that dozens of appeals contesting the results of the first round in 13 governorates were rejected by administrative courts. One court, however, cancelled run-off in the Mansoura city constituency, the capital of the Nile Delta governorate of Daqahliya, and ordered a re-run of the first round ballot. The court said that since one disqualified candidate was allowed to join the first round in Mansoura city, the ballot had to be cancelled. In Mansoura, around 30 individual candidates were competing to fill three seats. Marawan also said that Ezzat Badawi, a former MP and an independent candidate in the Nile Delta governorate of Sharqiya, died on Sunday of a sudden heart attack and will be replaced by Abdel-Hamid Abdel-Gelil, the candidate who came closest to Badawi in terms of the number of votes. In the first round of the second and final stage of the election, as many as 2,893 competed to fill 222 seats reserved for independents, and 195 competed to fill 60 seats reserved for party-based candidates. The electoral coalition entitled For the Love of Egypt won the 60 seats reserved for party lists, and only nine of the 222 seats reserved for independent candidates were won outright. "In the run-offs, around 200 of the individual candidates are affiliated with political parties, while 226 are running as 100 percent independent," said Marawan. According to the National Centre for Research and Consultants (NCRC), an independent Cairo-based NGO, three secular forces will be dominant in the run-off round. The Free Egyptians Party, founded by business tycoon Naguib Sawiris, will have the highest number of candidates in the run-offs, with 52 out of 110 making it to the second round. It is followed by the Future of Homeland with 50 out of 89 candidates. Forty-three candidates out of 135 affiliated with the Wafd Party, Egypt's oldest liberal party, qualified for the run-off round. Osama Heikal, a former information minister and an official who won with the For the Love of Egypt coalition, told reporters while visiting parliament on Monday that "the coalition, including the three secular forces, will also coordinate with independents to form the biggest civilian bloc in the coming parliament." More»
Amwal Al Ghad English - 2015-12-01 07:45:50
Egypt’s interior minister Magdy Abdel-Ghaffar said on Monday that the country's security apparatus has gathered intelligence about several terrorist plots in the country. Abdel-Ghaffar asserted that the police is in full readiness to thwart any such plots and arrest those involved, MENA reported. Security forces have been successful in the past in directing "harsh blows to terrorist elements," Abdel-Ghaffar said, adding that they have also been able to arrest and refer terror suspects to the relevant investigative authorities on a daily basis. More»
Amwal Al Ghad English - 2015-12-01 07:25:17
On Tuesday, 426 independents will be competing for 213 seats in 99 constituencies in the run-offs in Cairo and 12 other governorates. More»
Amwal Al Ghad English - 2015-11-30 12:07:15
Egypt's New Suez Canal has led to a decrease in transit time from 18 to 11 hours, which will be reflected on the operating costs, a recent report by Italy's Intesa Sanpaolo found. "It is estimated that using the Suez route, any shipping company may have now average savings between 5-10% of total operating costs according to the business characteristics of the companies," the report said. Under the Auspices of the Italian Embassy in Egypt, Italian SRM Research Centre of Intesa Sanpaolo in Cooperation with AlexBank Research Team presented Sunday a report, entitled "The New Suez Canal: Economic Impact on Mediterranean Maritime Trade",  about Egypt's Suez Canal. More»
Amwal Al Ghad English - 2015-11-30 09:14:53
Egypt's administrative court issued a "historic" decision Saturday to grant doctors a “contamination allowance” - an amount of money given in compensation for the risk of contracting diseases -according to a statement by the Doctors Syndicate, which had requested the allowance. The administrative court accepted the syndicate's request to increase the allowance and canceled a previous decision to reject their request. "This allowance should be fair and abide by the request of the plaintiffs and the adversaries involved," the court decision read. The statement added that the syndicate had requested an increase in allowance to reach 1000 Egyptian pounds (US$127.7) monthly. The current allowance is about 15-30 EGP, the syndicate said, and doctors are the most exposed to contagious diseases, especially respiratory diseases, blood diseases and Hepatitis C, which led to the death of a number of doctors in the past year. More»
Amwal Al Ghad English - 2015-11-30 08:17:41
Egypt’s interior ministry said Sunday it will not have any leniency with “isolated incidents” from members of the police force amid reports of policemen torturing to death two citizens in Luxor and Ismailiya governorates while in custody. On Sunday, prosecution ordered the detainment of a policeman in Ismailiya governorate for four days pending investigations into torturing to death veterinarian Afify Houssni. On Thursday, hundreds protested in Luxor governorate over the death of a 47-year-old man whose family says was tortured to death in a local police station. More»
Amwal Al Ghad English - 2015-11-30 08:06:57
Head of the Coptic Orthodox Church Pope Tawadros II did not visit Jerusalem with an Israeli visa, but through coordination with the Palestinian Authority, the Coptic Orthodox Church said in an official statement on Sunday following criticism of the Pope’s visit. "Pope Tawadros did not meet with any Palestinian or Israeli officials during his visit to Jerusalem," the Coptic Orthodox Church said. The Pope made an ''exceptional'' trip on Thursday to Jerusalem through Tel Aviv to head the funeral prayer for Metropolitan Archbishop Abraham of Jerusalem and the Near East. More»
Amwal Al Ghad English - 2015-11-30 07:57:51
Egyptian President Abdel-Fattah al-Sisi appointed on Saturday former minister Ahmed Darwish the head of the Suez Canal Economic Zone Authority for a three-year term, as he launched what has been dubbed as a mega development project east of Port Said. Darwish, 56, served as minister of administrative development in the last seven years of former president Hosni Mubarak's rule, and was in cabinet when Mubarak and his government were removed during the 2011 uprising. Since 2011, he served as an international consultant across a wide variety of fields, advising on policies, strategies, governance, business processes and information technology, according to his website. The development project east of Port Said includes the construction of a large seaport, an industrial area that can host 20 factories, a logistics hub and a residential area with 50,000 housing units. The project is also slated to include a fish farm and tunnels below the Suez Canal. The plans are part of a wider project, which Sisi launched in 2014, aiming to create a comprehensive global business centre out of the strategic Suez Canal and its surrounding area by providing maritime transport services. At the launch event on Saturday Al-Sisi said "we would never announce a project unless all its plans have been completed." Initially the project was going to take three years to complete, but in a request aired live on television, El-Sisi gave directives to the armed forces' engineering authority to complete it in only two years. In August, El-Sisi inaugurated what was dubbed the "new Suez Canal," a project involving deepening parts of the 193-kilometre waterway and building a parallel one along a 35-kilometre stretch of the canal, allowing the movement of ships in both directions. Its delivery date was also cut short from three years to one year upon Al-Sisi's orders and funded by savings certificates offering 12 percent interest through which the government collected EGP 64 billion in only eight days. Many Egyptians believed it was their patriotic duty to help fund the project. The Suez Canal development plans are long term and will take years to complete over two phases, the first of which is due by 2030, while the second is set to be completed by 2045. More»