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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        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        Canal Shipping Agencies   7.39        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        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        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        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 - 2014-09-16 06:45:55
The head of Cairo University on Monday made official a previous decision to ban political activity on campus by announcing a freeze on groups affiliated with three of Egypt's most prominent political parties. Gaber Nasser said in press statements that groups affiliated with the Constitution Party, the Strong Egypt Party and the Salafist Nour Party have been frozen due to partisan activities not being allowed on campus. Many members of these groups are already members of the university's student union. Earlier this month students protested at Cairo University against the decision to ban politically-linked groups on campus. "No political society, whether supporting the regime or opposing it, will be allowed to work on campus," Nasser told the press after a meeting with the deans of the university's faculties. More»
Amwal Al Ghad English - 2014-09-16 06:34:06
Egypt's pound held steady at a central bank dollar sale on Monday, with the bank saying it sold $37.6 million at a cut-off price of 7.1401 pounds per dollar, unchanged from Thursday's rate. In the unofficial market, the pound was trading at 7.38 to the dollar, slightly weaker than Thursday's rate of 7.35, one trader said. The rate for dollar sales has stayed in a tight range since the beginning of June, after the bank allowed the pound to weaken in May. The central bank offered $40 million on Monday. The rates at which banks are allowed to trade dollars are determined by the results of central bank sales, giving the bank effective control over official exchange rates. More»
Amwal Al Ghad English - 2014-09-16 06:33:51
The Muslim Brotherhood's Supreme Guide Mohamed Badie and 14 of the group's leaders were sentenced to life in prison on Monday for their role in deadly clashes in Giza following Mohamed Morsi's ouster last summer. The incident, known in Egyptian media as the Bahr Al-Azam case, stems from clashes on 15 July 2013 in the Giza district in which five people died. Giza's criminal court on Monday convicted the 15 Brotherhood members also on charges of terrorism, attempted murder, forming a mob to attack citizens and carrying weapons and illegal ammunition. Brotherhood leaders Mohamed El-Beltagy and Essam El-Eryan as well as Islamic cleric Safwat Hegazy, known for his loyality to the group, are among those convicted. Badie, the Brotherhood's leader in Egypt, has faced a barrage of trials since Morsi's ouster. He faces over 30 cases in court, on charges ranging from terrorism to inciting violence, and has already received life sentences and the death penalty. More»
Amwal Al Ghad English - 2014-09-15 10:13:07
 A textile dyeing factory collapsed in Egypt, killing six people and injuring 22 in an accident blamed on poor construction, authorities said Monday. A "design defect" caused the disaster near the capital Cairo Sunday, according to Gamal Al-Taruti, head of the Interior Ministry's public safety department. "The building did not meet construction standards," he told AFP. An initial investigation found that the accident was caused by the unauthorized construction of a third floor at the factory, a judicial source said on condition of anonymity. An entrepreneur involved in the construction was detained, while arrest warrants were issued for two others as well as the owners of the building, the source said. Such accidents are common in Egypt where many buildings are old and violations of construction laws are frequent. More»
Amwal Al Ghad English - 2014-09-15 10:02:36
A Cairo criminal court ordered the release on bail of prominent 25 January activist Alaa Abdel-Fattah and two other activists who were appealing 15-year sentences for breaking a controversial protest law in November of 2013. More»
Amwal Al Ghad English - 2014-09-15 09:52:44
Egypt's tourism industry, battered by three years of political upheaval and street protests, could fully recover by the end of 2015 if current levels of stability persist, the tourism minister said. Hisham Zaazou also told Reuters in an interview that the number of tourists could rise by up to 10 percent this year. Zaazou said late on Sunday he was concerned tourism would take another hit if Islamic State militants, who have seized parts of Iraq and Syria, showed any signs of infiltrating Egypt, the biggest Arab country. More»
Amwal Al Ghad English - 2014-09-15 09:40:16
A new Israeli ambassador to Egypt presented his credentials to President Abdel Fattah el-Sisi on Sunday, perhaps heralding the start of a new era as well. There has been no Israeli ambassador in Cairo since Israel’s embassy was torn apart by a rioting mob in September 2011. Ambassador Chaim Koren presented his credentials in a ceremony at the presidential palace in Cairo. In his previous post, Koren served as Israel’s first ambassador to the emerging state of South Sudan. He technically began serving as Israel’s ambassador to Egypt three months ago, working from his personal residence in Cairo. Since he has yet to find an office in the nation’s capital, he will continue to work from his residence there for the time being. Israel’s government was encouraged by Egypt’s acceptance of Koren’s credentials and saw it as a sign of good relations between the two nations, the foreign ministry said in a statement. As a follow up, government officials “would be pleased if Egypt were to instruct their ambassador to return to Israel,” said a diplomatic source quoted by the Hebrew-language NRG news site. Egypt played a major role in mediating the current cease-fire between Gaza terrorist factions and Israel. More»
Amwal Al Ghad English - 2014-09-15 07:57:56
Egyptian President Abdel Fattah al-Sisi has stressed the importance of an international coalition to combat not only Islamic State but also all terrorist groups in the Middle East and Africa. He made the comments during a meeting with US Secretary of State John Kerry on Saturday, Al-Ahram Arabic news website reported. The US is taking the lead in an international coalition aimed at defeating Islamist extremists spreading across parts of Iraq and Syria. Militants from the so-called Islamic State have so far murdered thousands and declared a Muslim caliphate. Egyptian Foreign Minister Sameh Shoukry and US Assistant Secretary of State for Near Eastern Affairs Anne Patterson also attended the meeting at the presidential palace in Cairo. According to a presidency statement, Kerry highlighted that Egypt would be playing a key role in the coalition and that there were strong ties between Egypt and the US. Egypt and the US have had a patchy relationship since the ouster of president Mohamed Morsi in July of last year. The US temporarily suspended military aid to Egypt amid a crackdown on Morsi's supporters. Upon the election of former army chief al-Sisi as president in June, the US Congress unfroze $1.5 billion in mostly military aid. Meanwhile, presidential spokesperson Ihab Badawi, said al-Sisi warned of the consequences of foreign fighters in some Middle East conflicts, especially Syria and Iraq, and their role in fuelling the conflicts. The Egyptian president and the top US diplomat agreed that the strategy to combat terrorism should not only include military tactics, but also initiatives by religious entities like Al-Azhar to raise awareness in the Middle East of the danger of terrorist groups. Kerry said there were some issues that may represent an obstacle to the resumption of any cooperation between the US and Egypt, particularly regarding freedom of expression and the detention and trial of journalists. On his behalf, al-Sisi stressed that Egypt was paving the way to establishing the rule of law which respects the judiciary and its provisions, as well as respecting the separation of powers and the new constitution with all its rights. Kerry mentioned the trial of the three Al Jazeera journalists who were sentenced in June to jail terms ranging from seven to 10 years for spreading false news and aiding the Brotherhood, a group outlawed and designated a terrorist organisation by Egyptian authorities. The case against Australian journalist Peter Greste, Egyptian-Canadian Cairo bureau chief Mohamed Fahmy and Egyptian producer Baher Mohamed sparked an international outcry and heightened fears of the muzzling of media freedom in Egypt. The top diplomat discussed also a number of other issues concerning the region, among which was the Palestinian-Israeli conflict. Both al-Sisi and Kerry agreed that a final agreement needed to be reached by the two sides in order to prevent more bloodshed. More»
Amwal Al Ghad English - 2014-09-15 07:56:44
Egypt’s irrigation minister, Hossam Moghazy, said on Sunday that he will pay a visit to Ethiopia next week for the opening of the first meeting of a national committee which includes 12 water experts from Egypt, Ethiopia and Sudan, state news agency MENA reported. This National committee has been appointed to make studies on the Ethiopian Renaissance dam that is being constructed in Ethiopia, according to MENA. Moghazy will be accompanied by the Sudanese and the Ethiopian irrigation ministers during his three-day visit next week. Moghazy's statements came in a meeting with journalists in Alexandria, Egypt in the presence of the Head of Cooperation at the Delegation of the European Union, Diego Escalona. Last Month, Egypt, Sudan and Ethiopia's irrigation ministers signed an agreement to conduct two studies to gauge the effects of Ethiopia's Grand Renaissance Dam on its neighboring countries. The committee has been given a six-month deadline starting from 1 September to formulate a timeframe to carry out the reports. The dam has been a source of concern for the Egyptian government since May 2013, when images of its construction stirred public anxiety about the possible impact on Egypt's potable water supply. More»
Amwal Al Ghad English - 2014-09-15 06:29:49
No police will be stationed inside Egypt's university campuses, said Prime Minister Ibrahim Mahlab on Friday, signaling a possible ease in curbs on student demonstrations ahead of the new academic year.  "There will be no university guards inside universities, but there will be administrative security," said the premiere in a phone call with private satellite channel CBC on a show hosted by Diaa Rashwan, head of Egypt's Journalists Syndicate. Administrative security are guards hired by Egyptian universities and are not affiliated with the interior ministry. "[The ban on university guards] is the only thing that can be done. No units from the interior ministry can be present on a permanent basis inside universities," Hany El-Hosseiny, professor at the Faculty of Science at Cairo University and a member of the March 9 Movement for the Independence of Universities, told Ahram Online. A decision by the Court of Injunction in May 2014 confirmed a ruling to have security forces back on university campuses – in contradiction to a ruling by the State Council in 2010 to ban the interior ministry's security guards from entering campuses. The State Council is the institution responsible for issuing decisions regarding security on campuses and not the Court of Injunction, said Amr Shalakany, an associate law professor at the American University in Cairo. More»