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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 - 2016-05-12 09:30:03
Italy appointed Giampaolo Cantini as its new ambassador to Egypt, Prime Minister Matteo Renzi said on Tuesday, official Italian news agency ANSA reported, a month after recalling the former ambassador over the torture and death of Italian PhD student Giulio Regeni. Former ambassador Maurizio Massari was recalled on 8 April following a two-day meeting in Rome 7-8 April where the Egyptian delegation submitted a 2000-page report to Italian chief prosecutor Giuseppe Pignatone on the Egyptian investigation into the killing. More»
Amwal Al Ghad English - 2016-05-12 09:10:23
Egypt's President Abdel-Fattah al-Sisi stressed on Wednesday to Kuwait's Justice Minister Yacoub Abdel Mohsen Al Sanea the importance of countering terrorists' use of social media and electronic websites to promote extremist ideas and attract new members. Presidency spokesman Alaa Youssef said in a statement that al-Sisi expressed during his meeting in Cairo with Al Sanea – who also holds the position of Minister of Religious Endowments and Islamic Affairs -- the need to pay attention to extremists' use of social media in regional and international frameworks. The statement also emphasised the necessity of boosting Arab cooperation to tackle the current challenges facing Egypt, as well as pointing out the significance of the works of the Arab Justice Ministers Council to promote the groundwork of judicial coordination and an Arab legal framework to combat terrorism. More»
Amwal Al Ghad English - 2016-05-12 08:44:21
Yanair Gate’s editor-in-chief Amr Badr and journalist Mahmoud Al-Saqa were detained on suspicious of incitement to assassinate President Abdel Fattah Al-Sisi, Minister of Foreign Affairs Sameh Shoukry said on Wednesday evening at a press conference during the National Security Council’s session on counter-terrorism in response to a question about the storming of the Press Syndicate. “Many independent and state media outlets in Egypt enjoy freedom of expression. However, there is controversy among journalists about the Press Syndicate hiding people who are wanted by the authorities. The arrest warrant was issued because Badr and Al-Saqa incited the idea of assassinating the president,” Shoukry said. More»
Amwal Al Ghad English - 2016-05-12 08:35:57
Journalists should not be treated as enemies of the state but rather as allies in fighting terrorism, the US ambassador to the United Nations stated Wednesday, in remarks seen as a swipe at Egypt. Ambassador Samantha Power told the Security Council that counter-terrorism measures "should never be used as an excuse to suppress political dissent" and that jailing journalists was "counter-productive." The 15-member council was holding a special debate on confronting terrorism ideologies chaired by Egyptian Foreign Minister Sameh Shoukry, whose country holds the council presidency this month. Egypt's journalists' union this month accused the regime of President Abdel Fattah al-Sisi of being "at war" with the media after two reporters were accused of incitement. A total of 29 journalists are behind bars in Egypt, some of whom have been held in custody for nearly three years, according to the journalists' union.Without referring specifically to Egypt, Power told the council that "arresting journalists, sentencing reporters to death; treating media as an enemy of the state - such actions are thoroughly counterproductive." "The media is an ally when it comes to showing the truth about terrorist groups," she added. Asked about the statement, Shoukry told reporters that Power's remarks were not directed at Egypt but he added that the US ambassador was off-topic. "I think it is important that we keep a focus and that we send a clear message and not confuse issues related to the battle against terrorism with other issues," said the foreign minister. Human rights activists accuse Sisi of running an ultra-authoritarian regime that has violently suppressed all opposition since toppling Islamist president Mohamed Morsi in 2013. Shoukry denied there had been arbitrary arrest of journalists in Egypt. "We believe that journalism is an important contributor to the development of Egypt," he said. More»
Amwal Al Ghad English - 2016-05-12 08:28:25
After 22 months in power, Egyptians' satisfaction with the performance of President Abdel Fattah al-Sisi dropped to 79 percent, compared to 90 percent after his first year in office, according to the Egyptian Center for Public Opinion Research (Baseera). What is more, 13 percent of the Egyptians are disapproving of the president's performance, while 8 percent are undecided.Poll participants' educational level had a considerable impact on the poll results, with 73 percent of poll participants with higher education satisfied with the president’s performance, compared to 84 percent among those with a lower level of educational. However, last year, 89 percent of respondents with higher education approved of Sisi performance at the end of his first year in office. More»
Amwal Al Ghad English - 2016-05-12 08:13:55
Israeli prime minister Benjamin Netanyahu retracted his previous declaration that he would send commandos to lift the siege on the Israeli embassy in Cairo, which was surrounded by protesters in 2011.Netanyahu said that Israel did not intend to do this on its own but in cooperation with the Egyptian authorities. “The intention was for a coordinated effort, not a one-sided action. We are pleased that there was no need for this and thank the Egyptian army, which handled the crisis in a responsible manner and brought about a solution to the problem,” read a statement from Netanyahu’s office. More»
Amwal Al Ghad English - 2016-05-11 14:30:45
A heat wave will hit Egypt on Saturday for 72 hours, with highs of 43 degrees Celsius in Cairo and 40 degrees on the north coast, the country's Meteorological Authority told state news agency MENA Wednesday. The morning will see high temperatures while moderate weather will be witnessed at night across the country, with peaks in heat expected on Sunday and Monday. Windy conditions are expected in the north of the country, leading to low visibility on desert roads and unstable maritime transportation. More»
Amwal Al Ghad English - 2016-05-11 14:06:51
Germany's transport ministry has decided to resume direct flights between German airports and the South Sinai resort town of Sharm El-Sheikh after easing restrictions on air trips, Egypt's foreign ministry said. A number of European airlines and governments introduced restrictions on flights to Sharm El-Sheikh over security concerns after a Russian passenger jet crashed in Sinai in October 2015, killing 224 people, most of whom were holidaymakers. The German transport ministry issued a decision to lift a ban by German airlines, in place since November 2015, on joint transportation of check-in luggage on flights to the city's airports, Egypt's foreign minister said in a statement on Wednesday. The restrictions had subsequently stopped direct flights coming from German airports. Germany's aviation authority has officially notified all tour operators of the ban removal which will see flights resume normally to the Red Sea resort, the ministry added. The foreign ministry said talks between the governments of two countries to alleviate the constraints lasted for six months. Officials from the German embassy in Cairo contacted by Ahram Online could not be immediately reached. Egypt’s ambassador in Berlin Badr Abdel Atty said the decision came following a recommendation by German air travel inspectors who conducted security examination at airports in Sharm El-Sheikh and other Red Sea towns in March. He said the decision mirrors Egypt's "compliance to international airport security standards." More»
Amwal Al Ghad English - 2016-05-11 10:49:58
Egypt's Suez Canal revenues recorded 3.48 billion Egyptian pounds ($396.4 million) in March, according to official figures published by the Suez Canal Authority. In US dollars, the figure represents a 1.2 percent decline compared to the $401.4 million in revenues posted for the previous month, though the value in Egyptian pounds has increased due to a sharp devaluation of the currency in mid-March. The pound has depreciated by close to 14 percent since March 14, when the central bank allowed the sharpest drop in the value of the currency against the dollar in years in response to a mounting foreign currency shortage. The Suez Canal Authority's data shows revenues in pounds increasing by close to 12 percent from February to March. Revenue from the international waterway is a major source of foreign currency for Egypt and as such has historically been announced in dollars as well as in pounds. The numbers on the Suez Canal Authority's website show revenues exclusively in pounds for the current calendar year, unlike the figures posted over the preceding 15 years. Egyptian officials predicted Suez Canal revenues would increase following the inauguration of an additional lane to allow two-way traffic and works to deepen the main canal to allow the passage of larger vessels in August 2015, which cost upwards of around $4 billion. Officials had claimed the new canal would more than double revenues to reach $13.2 billion in 2023. However, falling oil prices and a slowdown in world trade led receipts to register $5.2 billion in 2015, compared to $5.5 billion in the previous year, compounding the effect of falling foreign currency inflows from tourism, exports and workers' remittances, along with lower than expected foreign investments. In dollars, revenues declined for the third consecutive month in March. The official exchange rate is 8.78 pounds to USD1. More»
Amwal Al Ghad English - 2016-05-11 09:39:33
Italy on Monday expressed its condolences to Egypt over a militant shooting that killed eight policemen earlier this week, urging the international community to offer "stronger commitment" in the battle against terrorism. "The Foreign Ministry expresses its condolences on the death of the Egyptian policemen who were killed in a terrorist attack on the outskirts of Cairo," a statement by the ministry read. "This new attack confirms the need for stronger commitment and a cohesive stand by the entire international community in the fight against fundamentalist terrorism," the statement added. Gunmen on sunday killed eight plain-clothed Egyptian policemen after opening fire on their mini-van in Helwan in south Cairo. Egyptian authorities have not yet issued a report on their ongoing investigation into the case. More»