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Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        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        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        Universal For Paper and Packag   4.94        Egyptian for Tourism Resorts   0.69        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        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        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        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        Cairo Poultry   8.32        ARAB POLVARA SPINNING & WEAVIN   2.11        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 - 2016-06-09 09:28:55
Egypt’s government signed a contract with two prominent construction companies to resume the fourth phase of the Cairo metro’s third line, state news agency MENA reported on Wednesday, citing transportation minister Galal El-Saeid. The contract, roughly worth 6 billion Egyptian pound, will be executed by the Arab Contractors Company and Orascom Construction in cooperation with French companies over 34 months as of 30 June, MENA said without adding further details on the financing. More»
Amwal Al Ghad English - 2016-06-09 09:21:28
Egypt's annual urban consumer price inflation climbed to 12.3 percent in May from 10.3 percent in April, the official state statistics agency CAPMAS said Thursday. The central bank devalued the pound in March by around 13 percent, and then hiked interest rates by 150 basis points at its MPC meeting on March 17 to curb inflationary pressures. More»
Amwal Al Ghad English - 2016-06-09 09:03:32
A government committee will soon meet to amend Egypt's controversial protest law to go in line with the constitution, Minister of Parliamentary Affairs Magdi El-Agati announced on Wednesday. Critics say that the law – which mandates stiff prison terms for those who protest without a government permit – infringes on the constitutional right of citizens to hold peaceful protests, including street demonstrations. Article 73 of the constitution states that "citizens shall have the right to organize public meetings, marches, demonstrations and all forms of peaceful protests, without carrying arms of any kind, by serving a notification as regulated by Law." El-Agati disclosed that under instructions from Prime Minister Sherif Ismail, he is entrusted with forming a committee that will take charge of amending the protest law. More»
Amwal Al Ghad English - 2016-06-09 08:36:32
Egypt said studies currently being conducted on the hydrological and environmental impacts of Ethiopia's controversial Renaissance dam on downstream countries will be decisive in determining the dam's effect on the country, as Addis Ababa continues with its construction. Foreign ministry spokesman Ahmed Abu Zeid told reporters Wednesday that the manner in which mega hydropower project is operated will show whether it poses any risk to downstream countries, including Egypt He said that a French consultancy firm will evaluate the "dam's system of operation, water storage and period of storage". "It is difficult to predict how the ongoing negotiations [with Ethiopia] will end," Abu Zeid said, adding that the talks aim to serve the interest of Ethiopia in its ambitions for hydropower generation as well as ensure Egypt's national security. Abu Zeid also tackled Cairo's ties with Europe during Wednesday's meeting with local diplomatic reporters. According to state news agency MENA, he said that Egypt's relations with Italy have seen "relative calm recently" after the torture and murder of Italian graduate student Giulio Regeni in Cairo strained ties between the two otherwise close nations. Rome, he says, has decided to name a new envoy to Cairo as the investigation into Regeni's case continues. Italy recalled its ambassador to Egypt in April after saying that Egyptian investigators had failed to provide satisfactory answers regarding Regeni's murder. Egypt denied that its security apparatuses had a hand in the murder. Abu Zeid also said that Egypt and France are pressing on with joint efforts to identify the location of the twin black box recorders of the EgyptAir flight that crashed into the Mediterranean last month. On Russia, he described relations with Moscow as "strong and strategic," saying that technical teams from Russia were inspecting Egyptian Airports in preparation for resuming flights to Egypt. Russian flights were suspended late last year following the October 2015 crash of a Russian passenger plane that killed all 224 people on board. More»
Amwal Al Ghad English - 2016-06-08 13:10:26
Egypt will attempt to communicate with a wider base of  the Syrian opposition in the coming days in an attempt to forge a unified voice among opponents of the Assad regime, the foreign affairs ministry spokesman said on Wednesday. New Syrian opposition factions have reached out to Egypt to be included in talks to reach a solution for the crisis in the country, state news agency MENA quoted Spokesman Ahmed Abu-Zeid as saying. The spokesman did not name the Syrian opposition factions willing to talk. Abu-Zeid explained that the question of warring parties adhering to a recently US-Russian brokered ceasefire on the ground in Syrian is very challenging. More»
Amwal Al Ghad English - 2016-06-08 09:08:23
Egypt condemned Tuesday's "terrorist attack" in central Istanbul that killed 11 people and left 36 injured. A car bomb ripped through an anti-riot police bus, killing seven police officers and four civilians. A foreign ministry spokesperson said in a statement that Egypt "stands by the Turkish people in this crucial moment." He also expressed Egypt's condolences to the families' victims and wishes for a fast recovery for the injured. More»
Amwal Al Ghad English - 2016-06-08 08:46:11
Egypt's Prime Minister Sherif Ismail vowed on Tuesday that tough legal measures would be taken against those who leaked the exams of the country's general secondary certificate, his first comments since the controversy began. On Tuesday, Ismail visited the Ministry of Education headquarters in Cairo where he inspected the exams of the general secondary certificate along with Education Minister Al-Halali Sheribany. PM Ismail also stressed the importance of "developing and improving examination systems in Egypt in order to fight attempts to cheat". More»
Amwal Al Ghad English - 2016-06-08 08:33:14
Egypt suffered a 54 percent drop in the number of incoming tourists in April compared to a year earlier, state statistics body CAPMAS said in an emailed statement on Tuesday. The number of tourists who visited Egypt in April was 425,000, down from about 923,900 during the same month in 2015, mainly due to the drop in the numbers of visitors from the Russian Federation, said CAPMAS. Egypt's tourism sector, which relies heavily on tourists from Russia, suffered a severe blow with the ban of passenger flights to Egypt following the downing of a Russian airliner over the Sinai Peninsula in October which raised concerns about security at Egypt's airports. The crash of an Egyptair passenger plane over the Mediterranean on its way from Paris to Cairo last month is also likely to have hindered the recovery of the sector, according to international tourism experts. More»
Amwal Al Ghad English - 2016-06-08 08:06:48
An EgyptAir flight to China was forced to make an emergency landing in Uzbekistan on Wednesday after the airline received a call claiming that there was a bomb on board, two Egyptian aviation officials said. They said the plane, which was carrying 118 passengers, had been evacuated and searched. No explosives were found, they said. "The plane is preparing to resume its journey. It was a hoax, thank God," said one of the officials. EgyptAir has received a number of bomb threats since one of its aircraft crashed into the Mediterranean on May 19. All have turned out to be hoaxes. More»
Amwal Al Ghad English - 2016-06-07 10:54:43
The State Council finished reviewing the draft law of value-added tax (VAT). The law was sent to the government, in preparation for submitting it to parliament for discussion and approval within days, Minister of Finance Amr El-Garhy said on Monday. The cabinet approved the bill in mid-May and sent it to the State Council for review. Speaker of the House Ali Abdul Aal said on Saturday that the cabinet requested the withdrawal of the VAT draft law from the parliament for further amendments by the cabinet before its final approval. “The next period will witness meetings with MPs, business organisations, and the tax community to respond to queries and explain the law,” El-Garhy said. More»