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Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        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        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 - 2015-02-26 10:21:50
Egyptian President Abdel Fattah al-Sisi is meeting Thursday with the CEOs of Coca-Cola and German industrial group Siemens to discuss means to bolster cooperation to increase the two firms' investments in Egypt in the upcoming period. The Coca-Cola Company (NYSE: KO) is the world’s largest beverage company, refreshing consumers with more than 500 sparkling and still brands. The Company has the strongest portfolio of brands in the nonalcoholic beverage industry – now featuring 20 brands that generate more than $1 billion USD in annual retail sales. On the other hand, Siemens is a global powerhouse positioned along the electrification value chain – from power generation, transmission and distribution to smart grid solutions and the efficient application of electrical energy – as well as in the areas of medical imaging and in-vitro diagnostics. More»
Amwal Al Ghad English - 2015-02-26 09:15:55
The Model of Egyptian Stock Exchange (MESE) kicks off Saturday at the Future University in Egypt (FUE) to teach students the basics of the business. For 18 years, the MESE has been helping participants to implement their theoretical studies in the real world of the stock market. More»
Amwal Al Ghad English - 2015-02-26 08:30:28
In the wake of Egyptian air strikes against Islamic State (IS) targets in Libya this month, Rear Admiral John Kirby, spokesman of the US Department of Defence, said that his country has “a complex relationship with Egypt.” Indeed, we Egyptians have had complex relations with the United States ever since we signed the peace treaty with Israel on 26 March 1979 on the lawn of the White House in Washington, DC. The writer of this article was present at the signing of this document that pushed the Middle East into an epoch unprecedented in the modern history of the Arabs, and the history of Egypt. This article is not about peace between Arabs, Palestinians and Israelis, but rather about the reinvigoration of Egyptian foreign policy after the 2013 June Revolution, a term that is an anathema in Washington and in the debates that have been taking place about Egypt in the post-June era in the West. More»
Salma Ayman - 2015-02-26 08:20:55
How much is a vote worth? In Egypt's Sadat City - a sprawling, industrial center filled with the young and unemployed - it costs the same as it did under Hosni Mubarak: blankets, sacks of fertilizer and affordable healthcare.  Four years after Egypt's 2011 popular uprising that toppled Mubarak and raised hopes for an end to patronage politics, many desperate citizens will cast their vote in next month's parliamentary poll in accordance with the same old system. They say they have little choice. Unemployment is running at 13 percent and two-fifths of the population live on or around the poverty line, with living conditions worsening since Mubarak's overthrow. A crackdown by the military-backed government on Islamists and liberals has opened the field for businessmen who supported Mubarak during his 30 year rule. Dozens are being granted acquittals after graft charges are thrown out. Once freed some are reviving the past: offering handouts to secure votes. More»
Amwal Al Ghad English - 2015-02-26 08:12:12
Egypt's military killed dozens of suspected Islamist militants in an operation in Sinai, security sources said on Wednesday, while state media reported the kidnapping of a businessman in the region. Apache helicopter gunships killed 18 suspected militants after they destroyed four vans in North Sinai, security sources in the remote but strategic region said. Twenty were killed when the military bombed a residence, a school and a youth centre where the suspected militants were gathering near the North Sinai town of Sheikh Zuweid, the sources said. Twenty-eight militants were wounded, they said. More»
Amwal Al Ghad English - 2015-02-25 11:59:16
Egypt’s Finance Ministry Hany Qadry has headed this morning to London to take part in the Middle East Congress, with the aim of promoting the March Economic Summit. Representatives from the Egyptian government headed Tuesday to London, after receiving an invite for the Middle East Congress. The two-day congress will kick off on 25 February. Minister Qadry will be keynote speaker at the congress to tackle the current facilities Egyptian government is offering to investors alongside the country’s available investment opportunities. The Middle East Congress will bring together influential figures from government with business leaders from across the region. This timely, two-day congress will focus on investment and redevelopment in the Middle East and North Africa. The Egyptian speakers at the conference will also include Minister of Investment Ashraf Salman. Chairman and founder of Qalaa Holding Ahmed Heikal, managing director of SODIC Ahmed Badrawi, CEO of EFG-Hermes Karim Awad, and senior partner at Abraaj Capital Ahmed Badreldin will also speak. “The Telegraph [newspaper] has brought together a powerful line up of policymakers and business leaders for the inaugural Middle East Congress,” Commodities Editor of The Telegraph Andrew Critchlow said. “The congress will provide investors and British business with unique insights into emerging opportunities in major regional economies, such as Saudi Arabia, Egypt, the United Arab Emirates and Tunisia.” Tobias Ellwood, MP and Parliamentary Undersecretary of State at the Foreign and Commonwealth Office, and Mayor of London Boris Johnson will be keynote speakers at the conference. The conference will also be attended by a number of Emirati and Saudi representatives. The conference will tackle how the private sector can encourage the flow of foreign capital in the Middle East and examine the magnitude of infrastructure challenges. The conference will also study how political instability in the region is influencing economic diversity. More»
Amwal Al Ghad English - 2015-02-25 10:05:31
The foreign ministry spokesperson on Tuesday expressed his "extreme astonishment and discontent" at the "false information" in an Amnesty International report claiming that seven civilians were killed by Egyptian airstrikes against Islamic State (IS) group targets in Derna, eastern Libya, last week. Coordinating with the Libyan army, the Egyptian forces launched the airstrikes on 16 February, in retaliation for IS group beheading 20 Egyptian Coptic migrant workers a day earlier. "Egypt considers and abides by international agreements and standards, and the targets against this terrorist organisation were carefully chosen, as the airstrike focused on the training camps and weaponry reserves of terrorist organisation IS," said Ambassador Badr Abdel-Aty in a foreign ministry statement published on Tuesday. He also said that Egypt had used its right to self-defense in accordance with the Charter of the United Nations, and that Egypt had coordinated with the "legitimate Libyan government", which asked for Egypt's support in facing the danger of "terrorist organisations including IS". The foreign ministry spokesperson said Egypt is keen on protecting the lives of civilians, as the airstrike came following an accurate study to avoid any casualties among civilians. In a televised speech on Sunday, Egyptian president Abdel-Fattah El-Sisi rejected accusations that the army had targeted civilians, saying the airstrikes against the IS group were precisely aimed at specific military targets. Libyan air force chief Saqr Al-Jaroushi had told an Egyptian broadcaster shortly after the Egyptian airstrikes that his country's airforce, which coordinated the attacks with Cairo, bombed an anti-aircraft system which was stationed on the roof of a civilian building. Amnesty published a report on Tuesday containing alleged testimonies by residents who claimed two missiles had landed in the heavily populated residential area of Sheiha al-Gharbiya in Derna. According to eyewitnesses, reported Amnesty, most of the Egyptian airstrikes in and around Derna were on military targets, but two missiles landed in the heavily populated residential area of Sheiha al-Gharbiya. The foreign ministry spokesperson wondered where those organisations were when thousands of airstrikes by "major countries" in various Arab and Islamic countries resulted in hundreds, if not thousands of civilian casualties. "It is surprising that these organisations, including Amnesty, were keen on ignoring those facts with the claim they happened unintentionally, which raises questions about how serious they are and the reality of their intentions, and about their strategy of double standards and selectiveness when it comes to the actions of major countries". More»
Amwal Al Ghad English - 2015-02-25 09:59:25
Some 140 detainees, who were imprisoned recently, many for breaching the protest law, are expected to be released within days, a member of Egypt's National Council for  Human Rights Council (NCHR) said on Tuesday. The list represents a first batch of prisoners to be set free, human rights lawyer Hafez Abu Seada told Ahram Online, after Egypt's president promised on Sunday to release "unjustly imprisoned Egyptians." Abu Saeda, who is also the head of the Egyptian Organization for Human Rights (EOHR), said that three lists of detainees had been presented to President Abdel Fattah al-Sisi in recent months for him to consider a presidential pardon to release them. One list, presented by the NHCR, included 600 names, while another, drafted by the EOHR, included 200 names. A third, submitted by young journalists, listed 300 people. Earlier this year, before the fourth anniversary of the 25 January revolution, the president issued a decree to pardon hundreds of prisoners, including students. Egyptian human rights groups and parties had their hopes dashed, however, as the released prisoners did not include most of the names in the submitted lists. At the time, eligible candidates for presidential pardon included prisoners with a life sentence who would have served 15 years by 25 January 2015. Also eligible were those with a prison sentence of at least six months, half of which would have been served by 25 January 2015. On Sunday, al-Sisi conceded the existence of a number of unjustly detained Egyptians and promised that the government would start releasing them. He did not make it clear according to which criteria they would be released. A protest law, passed in 2013, criminalises unauthorised protests, and sets heavy jail terms and fines for those who breach the law. Thousands of protesters, mostly Islamists but also hundreds of non-Islamist supporters of the 25 January revolution, have been arrested in accordance to the protest law, following the ouster of president Mohamed Morsi in July 2013. Local and international human rights groups have criticised the law. On Monday, leading leftist activist Alaa Abdel-Fattah received five years in jail for taking part in an unauthorised demonstration in 2013, among other charges. A second defendant received the same sentence as Abdel-Fattah, while 18 others received a three-year jail term. The court upheld the original in-absentia 15-years jail sentence against four other defendants. All defendants were charged with rioting, participating in an illegal protest, disrupting the lives of citizens and exposing them to danger, attacking an employee while on duty and thuggery. More»
Amwal Al Ghad English - 2015-02-25 09:51:13
The Arab League said Tuesday that it would hold its annual summit on March 28-29 in Egypt s Red Sea resort of Sharm el-Sheikh, with national security topping the agenda. Arab League chief Nabil al-Arabi said he met Egyptian President Abdel Fattah al-Sisi on Tuesday to prepare for the high-level talks. "The main topic of the summit will be how to maintain national security in Arab countries," Arabi told reporters at the League s Cairo headquarters. The threat from the Islamic State (IS) jihadist group, the war in Syria, and the crises in Libya and Yemen are among the issues expected to be discussed, according to officials. A row erupted at a meeting of the League last week in Cairo where Egypt s delegate accused Qatar of supporting "terrorism" in Libya. The spat came after Qatar expressed reservations over Egypt s recent air strikes against IS targets in Libya in response to the beheadings of 21 Coptic Christians, mostly Egyptian. Ahead of the League summit, Arab foreign ministers will hold two preparatory meetings -- one in Cairo on March 9 and another in Sharm el-Sheikh on March 26. More»
Amwal Al Ghad English - 2015-02-25 09:20:05
US Defense Secretary and Egypt’s Defense Minister pledged to enhance security partnership between the two countries in a telephone conversation on Tuesday. US Defense Secretary Ashton Carter and Egypt’s Defense Minister Sedki Sobhy pledged to enhance security partnership between the two countries in a telephone conversation on Tuesday, according to US Department of Defense press release. “The two leaders [Carter, Sobhy] reaffirmed their shared commitment to strengthening the security partnership between Egypt and the United States,” the release issued on Tuesday said. Secretary Carter expressed his desire to work closely with Minister Sobhy in resolving security challenges that the two countries face, while Sobhy underscored the importance to strengthen international coalitions against terrorism and extremism, according to the press release. On Saturday, the foreign policy chiefs of Egypt and Russia, Sameh Shoukry and Sergei Lavrov respectively, also called on the international community for a decisive fight against terrorism in all its forms, according to the Russian Foreign Ministry. The conversations took place after the Islamic State jihadist group released a video showing the beheadings of 21 Egyptian Coptic Christians abducted earlier in Libya. More»