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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        Palm Hills Development Company   1.61        Credit Agricole Egypt   9.04        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        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        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 - 2014-07-15 07:25:11
US Secretary of State John Kerry will visit Egypt on Tuesday to discuss the latest developments in the Gaza Strip, said a spokesman for Egypt's foreign ministry. Egypt's Foreign Affairs Minister Sameh Shukry received a phone call from Kerry on Sunday evening to discuss the escalation in hostilities between Israel and Gaza rulers Hamas. Kerry's visit to Egypt will be the second in less than a month. He last visited Egypt on 22 June to meet with newly-elected President Abdel-Fattah El-Sisi and discuss regional developments, especially in Iraq and Syria. Kerry's visit to Egypt will also come a day after an urgent meeting of Arab foreign ministers was held at the Arab League headquarters in Cairo in a bid to seek an end to violence that has left over 100 Palestinians dead since Israel launched a campaign of air strikes last Tuesday. Kerry was in Vienna this week to attend talks over Iran's nuclear programme. More»
Amwal Al Ghad English - 2014-07-14 12:58:28
Cairo Appeal Court for Urgent Matters ruled Monday that leading members of deposed president Hosni Mubarak's political party can stand for parliament. The verdict overturns an earlier ruling, issued in May, which banned leading members of the now defunct National Democratic Party (NDP) from running in presidential, parliamentary and municipal council elections. The appeal court said the Cairo Court for Urgent Matters did not have jurisdiction to make the original ruling, which should have been made by the administrative court. Judges also said the plaintiff, lawyer Tahany Ibrahim, had not presented substantial evidence to prove corruption by leading members of the NDP. Further investigations should be carried out into the accusations, but this is not in the jurisdiction of the Court for Urgent Matters, the judges added. The 2012 constitution prohibited members of the NDP during the last ten years of Mubarak’s rule from running in elections. The constitutional committee formed following the ouster of Islamist president Mohamed Morsi decided against an article that banned members of a particular group from standing for election. Egypt is scheduled to have parliamentary elections before the end of the year as part of a political roadmap imposed following Morsi's ouster. Critics of the parliamentary law, passed in early June by former interim president Adly Mansour, say the law's individual candidacy system will allow Mubarak regime figures to dominate the parliament. Out of 567 seats in the upcoming parliament, 420 will be elected via the individual candidacy system, while 120 seats will be reserved for party lists. More»
Amwal Al Ghad English - 2014-07-14 08:34:17
Egypt’s natural gas production has declined by approximately 675 m cubic feet daily compared to last year, according to a report by the Ministry of Petroleum. Oil and gas companies have noticeably decreased production rates as a result of the government’s inability to pay debts, the report stated. The report explained that gas production declined over the first seven months of this year to 4.6bn cubic feet per day, compared to 5.275bn per day through the end of 2013. Among the most prominent companies that have reduced gas production are Burullus Gas Company, which produced 1.2bn cubic feet daily last year. That number was reduced to 750 m cubic feet throughout July, which accounts for 16.4% of Egypt’s total production, according to the report. More»
Amwal Al Ghad English - 2014-07-14 07:50:14
Militants in Egypt's northern Sinai fired mortar rounds late Sunday at a military post in the provincial capital of El-Arish, killing a soldier as well as seven civilians, including a child in a nearby residential complex, security and hospital officials said. A senior security official said the attack late Sunday hit the military post, killing one soldier. The military post is located near a compound of residential buildings in the al-Salam district. The main security headquarters and the local government offices are also located in the same area. The official , who spoke on condition of anonymity because he was not authorized to speak to the media, said a supermarket, pharmacy and a residential building were hit by the mortar fire. Samy Anwar, the head of El-Arish hospital, said seven civilians were killed in the attack, including a 10-year old girl. He said 25 others were wounded. More»
Amwal Al Ghad English - 2014-07-14 07:36:41
Egyptian President Abdel-Fattah El-Sisi talked to United Nations Secretary-General Ban Ki-moon about the ongoing attacks in Gaza, a spokesman for Egypt's presidency said on Sunday. El-Sisi said Egypt's internal affairs won't interfere with its pursuit of a just settlement for Palestinians that safeguards their rights and allows the Palestinian people to have a livable state inside the June 1967 borders, with East Jerusalem as its capital, spokesman Ehab Badawi said. He added that Ki-moon expressed his hopes that a UN Security Council meeting this week will lead to ceasefire and praised Egyptian efforts to aid Palestinians and de-escalate the fighting, as Egypt is most capable of calming the situation, according to Badawi. Israeli airstrikes have killed over 165 Gazans and injured hundreds more after an aerial campaign dubbed Operation Protective Edge was launched on Tuesday. Hamas' Al-Qassam Brigades have fired hundreds of rockets into Israel in the past week, with no Israeli casualties reported. El-Sisi said on Saturday that he was in touch with both sides of the conflict, according to Bedawi. The latest conflict was sparked on 12 June when three Israeli teenage settlers were kidnapped and murdered, triggering an Israeli military offensive on Hamas in the West Bank and an escalation of rocket fire from Gaza. Hamas has neither confirmed nor denied that it was behind the killings. More»
Amwal Al Ghad English - 2014-07-14 07:34:32
A court in Nile Delta's Damietta city has sentenced 101 supporters of ousted president Mohamed Morsi to three years in prison on charges of illegal gathering and rioting. Another 17 were acquitted, judicial sources told Ahram Online. Last week, 50 Morsi supporters in the Egypt's second city of Alexandria were sentenced to five years on the same charges. Similar sentences against supporters of Morsi and his now banned Muslim Brotherhood have become common since the Islamist president's ouster last July and the government began to crack down on both Islamist and secular protesters. Over 200 people, including the Brotherhood's Supreme Guide Mohamed Badie and other Morsi supporters, have received death sentences for an array of charges linked to the violence after Morsi's ouster. More»
Amwal Al Ghad English - 2014-07-14 07:32:30
Adel Labib, minister of local development, said in statements to press during his visit to Qena that the cabinet will present to the presidency a new list of governors as part of a reshuffle this week. Labib had stated earlier that it was agreed to establish three new governorates as part of President El-Sisi's programme to redraw the national administrative structure. Labib also revealed that a committee assigned to redraw governorate borders was currently receiving suggestions from sitting governors, and that within a two-month period the new borders would be announced. An informed source told Reuters' Aswat Masriya Saturday that the number of governors included in the reshuffle would be 10 to 15, and that there would be no change in governorate borders. More»
Amwal Al Ghad English - 2014-07-14 07:00:21
Security has been tightened in Sinai, with military operations claiming 18 militants since the beginning of this month. Additional measures are expected soon, especially in light of the continuing existence of border tunnels, more of which have been discovered recently. Even if only on a very small scale, these tunnels permit the infiltration of dangerous elements into Egypt. Since the beginning of the month, security authorities have arrested more than 200 individuals being smuggled through these tunnels. Although most were Africans trying to enter Israel via the Egyptian border, such figures indicate that there are still weak points on the map. The border situation is not new to Sinai. However, there are growing concerns that a new development in the Arab region may now cast its shadow over the famous Egyptian peninsula. This development is the events in Iraq and the declaration of a state by the Islamic State of Iraq and the Levant (ISIL). Members of this extremist organisation have sworn allegiance to an emir called Ibrahim Al-Husseini Al-Qirshi, a name whose significance reverberates beyond the current Iraqi context. In his meeting with the editors-in-chief of Egypt’s newspapers last week, President Abdel-Fattah El-Sisi discussed the question of ISIL. It was Egypt’s strong army that had prevented any repetition of the current Syria and Iraq scenarios in Egypt, which was also the object of a conspiracy to partition it, he said, adding that he had warned the West of the danger of ISIL. More»
Amwal Al Ghad English - 2014-07-13 08:57:44
The Egyptian Salafist Nour Party will contest the upcoming parliamentary elections on the same lists with ex-Mubarak henchmen, Egyptian media reported. The Nour Party, which supported the 2013 military ouster of the freely elected president Mohamed Morsi, will join the National List, led by Mubarak-era diplomat Amr Moussa and ex-minister of interior Ahmed Gamal al-Din. Senior member of the Nour Party, Ali Katamesh, admitted that his party is holding talks with a number of icons of the Mubarak regime, whom he considered: "honorable members of the National Democratic Party who were not involved in corruption." He pointed out that Mubarak's NDP "had no problem with Egypt's Islamic identity", unlike the "secular, civil lobby which adopts anti-religious agendas." Katamesh stressed that his party has "sharp ideological and religious disagreements with the secular current which seeks to cancel any role of religion in public life," which prompted his party to ally with remnants of the Mubarak regime. More»
Amwal Al Ghad English - 2014-07-13 08:21:03
Egypt to transport 500 tons of food, medical supplies to the Strip; Amman concerned about Palestinians' plight. Egypt closed the Rafah border crossing with the Gaza Strip on Friday, the Gaza Interior Ministry said. "Egyptian authorities told us that the terminal had been closed," the ministry said in a statement. Egyptian authorities on Thursday temporarily opened the border crossing to allow the entry of Palestinians injured in three days of Israeli air strikes, allowing only 11 injured Gazans to cross. "The ministry feels disappointed that Egypt took this step," Iyad al-Bozum, the spokesperson for Gaza's Interior Ministry on Friday, said, referring to the closure of the main crossing to Gaza. "Egypt's decision shows disregard for the suffering of the injured and other travelers. The Palestinian government had prepared ambulances and traveler buses with the expectation that the crossing would remain open on Friday as Egyptian officials previously declared," Bozum stated. More»