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Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        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        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        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 - 2016-01-28 11:59:24
Egypt has been invited, as one of two state guests of honour, to attend the 11th edition of the G20 summit hosted in China's Hangzhou city. Egypt’s attendance has been confirmed as Egyptian Foreign Affairs Ministry spokesperson Ahmed Abu Zeid stated that an Egyptian delegation will be participating in the event which is due to be held on September 4th and 5th. The theme to be at the heart of the summit’s discussions is "building an innovative, invigorated, interconnected and inclusive world economy," as revealed by Chinese President Xi Jinping in a speech he gave during the 10th G20 summit in the Turkish city of Antalya. The invitation was extended last week by Jinping during his visit to Egypt, according to Abu Zeid. G20 bylaws allow host states to invite up to two guest states. "Ambassador Magdy Rady, Assistant Minister of Foreign Affairs for International Economic Relations and International Cooperation and Minister Plenipotentiary Rajy al Etreby will represent the Egyptian presidency during the summit,” Abu Zeid said, according to the Cairo Post. The G20, which comprises the nineteen largest economies of the world plus the European Union, is an international economic forum founded in 1999. G20 leaders meet annually while Finance Ministers and Central Bank Governors meet regularly throughout the year. More»
Amwal Alghad English - 2016-01-28 09:09:40
Cairo prosecutors appealed on Wednesday the decision by the Court of Cassation to release from prison the two sons of Egypt's former president Hosni Mubarak, demanding their return to prison to complete their sentence. According to an informed source from the prosecution, Alaa and Gamal Mubarak could be made to serve the remaining eight months of their three-year sentence, which they received after being convicted on graft charges in the so-called "presidential palaces case." Earlier this month, the court said that the two had already served their jail terms when taking into account time served during pre-trial detention. More»
Amwal Alghad English - 2016-01-28 09:03:08
An Egyptian F-16 fighter jet has crashed during a military exercise, killing its crew, the military said in a statement early on Thursday. The statement did not specify a death toll or provide the cause or location of the incident. Ahram Arabic news website reported that two were killed in the crash, the pilot and a captain. They were aged 48 and 42, it added. More»
Amwal Alghad English - 2016-01-28 08:56:35
Egypt's cabinet approved on Tuesday 26 January the recently introduced Chinese initiative to establish a new opera house in the historic governorate of Luxor, MENA reported. Luxor Governor Mohamed Badr said that the cabinet agreed to allocate a piece of land in front of the Nile in Luxor so that the ministry of culture could construct the project. The new opera house project in Luxor was introduced during the visit of the Chinese culture minister Cai Wu to the governorate last week with his Egyptian counterpart Helmy El-Nemnem. More»
Amwal Alghad English - 2016-01-28 08:51:41
Egypt's budget deficit edged up to 4.9 percent of the GDP in the first five months of the current fiscal year, compared to 4.4 percent in the same period last year, due to a surge in subsidies and debt service, showed the Ministry of Finance December bulletin. The financial monthly published on Tuesday showed that a LE34 billion ($4.34 billion) increase in revenues in the period from July to November 2015 was outweighed by a LE57.6 billion ($7.35 billion) rise in expenditures, leaving the deficit for the period with a LE30.6 billion ($3.9 billion) increase to LE138.5 billion ($17.7 billion). More»
Amwal Alghad English - 2016-01-28 08:41:52
One Egyptian official's tough stance on wheat imports carrying a fungus that wreaked havoc in the Middle Ages is baffling global grain traders and putting a spotlight on policy-making disarray in the world's biggest purchaser of the commodity. Alarm bells began ringing in Egypt when a 63,000 tonne wheat shipment from France arrived in December. Traces of the ergot fungus were found, and even though they were within the permissible limits stipulated by the country's main state wheat buyer, the agriculture ministry warned that any level of the common fungus would be flatly rejected. Since then, Egyptian authorities have sent mixed messages about their policy on the fungus. The ministry of supply and the main state buyer, The General Authority for Supply Commodities (GASC), maintain that imports of wheat may contain up to a 0.05 percent level of ergot, a common international standard, while the agriculture ministry insists on a new zero tolerance approach. The leader of the anti-ergot stance is Saad Moussa, head of the central administration of the agriculture quarantine authority. He has warned even the most minute quantities of ergot are unacceptable. Traders eager to capitalise on Egypt's lucrative market are shaking their heads over the dispute that has paralysed decision-making among officials charged with ensuring the smooth supply of a strategic commodity vital for feeding millions. So far, Egyptians appear insulated by the ergot tug of war. Egypt says it has enough strategic wheat supplies to last until May 11. But any hint of disruption is cause for concern. "The problem is not that easy and I don't think the agriculture ministry will have the upper hand because it's a crucial issue," said Hesham Soliman, president of Med Star For Trading. The ergot saga has already prompted him to postpone his own 25,000 tonne shipment. More»
Amwal Alghad English - 2016-01-28 08:26:34
Egypt dropped one point in the 2015 Corruption Perceptions Index compared to the previous year with a score of 36/100, Transparency International reported on Wednesday, stating that political corruption remains a huge challenge for the government. Despite the poor score, the most populous Arab nation slightly went up in the ranking of countries, placing 88th out of 168 countries in 2015 against 94th out of 175 in 2014. “The rise of ISIS and the ensuing fight against terrorism have been used by many governments as an excuse to crack down on civil liberties and civil society,” Ghada Zughayar, the director of the MENA department at Transparency International, said in the report. More»
Amwal Al Ghad English - 2016-01-28 08:04:45
Human Rights Watch said in its annual review on Wednesday that human rights remained in crisis in Egypt in 2015. In the introduction to the review of over 90 countries, HRW’s Executive Director Kenneth Roth wrote “the spread of terrorist attacks beyond the Middle East…led many governments to curtail rights in misguided efforts to protect their security.” “Authoritarian governments throughout the world, fearful of peaceful dissent that is often magnified by social media, embarked on the most intense crackdown on independent groups in recent times.” While HRW acknowledged that the “threat to Egypt’s security is real,” particularly in troubled North Sinai, New York based rights group said that Egyptian “authorities have used torture, disappeared scores of citizens, banned many others from travel, and possibly committed extrajudicial killings.” The Egyptian government has repeatedly criticised HRW reports. In a June 2015 statement, the Egyptian foreign ministry said HRW does not have “credibility” among Egyptians, charging that the rights group has been “determined to promote lies and false information based on inaccurate, undocumented data.” IThe government also argued that the organisation’s reports since the ouster of Islamist president Mohamed Morsi in July 2013 have “targeted the Egyptian people and their will to achieve their aspirations.” More»
Sayed Badr - 2016-01-27 12:50:30
Saudi Arabia is allocating $205 million from soft loans designated for Sinai development projects, to build King Salman University there, a government source with knowledge of the matter told Amwal Al Ghad. The university will include around 10 faculties, some of them to be established in Sharm El-Sheikh and Ras Sedr cities, in addition to a research centre, the source added. More»
Amwal Alghad English - 2016-01-27 09:27:02
The 47th edition of the Cairo International Book Fair will kick off on Wednesday 27 January with 850 publishers from 34 countries; the largest number of countries participating in the fair since its inauguration. It is not yet clear whether Egyptian President Abdel-Fattah El-Sisi will inaugurate the fair, but there is no planned meeting between the president and intellectuals; a tradition set by ousted president Hosni Mubarak and discontinued after his ouster. Former president Mohamed Morsi had only met with publishers on the inauguration of the one edition that took place during his year in office. More»