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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        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        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        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 - International News

Amwal Al Ghad English - 2014-08-05 13:38:13
Foreign Office minister Baroness Warsi has resigned from the government, saying its policy on the crisis in Gaza is "morally indefensible". Announcing her resignation this morning, the former Chair of the Conservative Party said that she had written to the Prime Minister "and tendered [her] resignation". "I can no longer support Government policy on Gaza," she wrote. In her letter to Mr Cameron, Lady Warsi said that the Government's approach to the Israeli-Palestinian conflict had been "morally indefensible" and not "in Britain's national interest". With the Prime Minister currently out of the country on holiday, the strongest reaction from his Government to the resignation was issued by George Osborne. The Chancellor appeared critical of Lady Warsi's judgment, saying: "This is a disappointing and frankly unnecessary decision. The British Government is working with others in the world to bring peace to Gaza and we do now have a tentative ceasefire which we all hope will hold." The resignation is a significant setback for Mr Cameron, who has faced criticism for failing to condemn Israel’s military action in Gaza and its recent apparent air strike on a UN-run school in Rafah more forcefully. The Rafah shelling, which killed at least 10 Palestinians - four of whom were children aged between five and 12 - provoked recriminations from around the world, including the UN and US. The Prime Minister said it was "right" to condemn the air strike, but stopped short of endorsing UN Secretary-General Ban Ki-Moon's description of the attack as a "moral outrage and a criminal act". A Downing Street spokesperson said today: "The Prime Minister regrets that Baroness Warsi has decided to stand down and is grateful for the excellent work that she has done both as a Minister and in Opposition. "Our policy has always been consistently clear - the situation in Gaza is intolerable and we've urged both sides to agree to an immediate and unconditional ceasefire." More»
Amwal Al Ghad English - 2014-08-05 08:19:22
Bayerische Motoren Werke AG (BMW), the world’s biggest manufacturer of luxury autos, reported its highest profitability from carmaking in three years as the X5 sport-utility vehicle won customers and demand rose in China. Second-quarter earnings before interest and taxes at the auto unit widened to 11.7 percent of sales from 9.6 percent a year earlier, Munich-based BMW said today in a statement. The margin was the highest since the third quarter of 2011 and beat figures of 9.9 percent at Audi AG, the world’s second-largest maker of premium cars, and 7.9 percent at Daimler AG (DAI)’s Mercedes-Benz Cars unit. “It’s very impressive,” Arndt Ellinghorst, an analyst ISI Group in London, said by phone. “The second half won’t be as strong, but they’ll have a stronger cash flow because they’re selling all the product.” BMW, which reiterated a 2014 forecast today of a “significant” increase in pretax profit, is introducing 16 new or refreshed models this year to win customers and fend off efforts by Volkswagen AG’s Audi and the Mercedes brand to take the global premium-car sales lead by 2020. First-half sales of the full-size X5 jumped 30 percent, while the up-market 5-Series sedan won 7.6 percent more buyers. More»
Amwal Al Ghad English - 2014-08-05 08:10:10
A tiny San Diego-based company provided an experimental Ebola treatment for two Americans infected with the deadly virus in Liberia. The biotechnology drug, produced with tobacco plants, appears to be working. In an unusual twist of expedited drug access, Mapp Biopharmaceutical Inc., which has nine employees, released its experimental ZMapp drug, until now only tested on infected animals, for the two health workers. Kentucky BioProcessing LLC, a subsidiary of tobacco giant Reynolds American Inc. (RAI), manufactures the treatment for Mapp from tobacco plants. The first patient, Kent Brantly, a doctor, was flown from Liberia to Atlanta on Aug. 2, and is receiving treatment at Emory University Hospital. Nancy Writebol, an aid worker, is scheduled to arrive in Atlanta today and will be treated at the same hospital, according to the charity group she works with. Both are improving, according to relatives and supporters. Each patient received at least one dose of ZMapp in Liberia before coming to the U.S., according to Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases. More»
Amwal Al Ghad English - 2014-08-04 07:00:30
A magnitude 6.3 earthquake struck southwestern China on Sunday, killing at least 367 people and leaving 1,881 injured in a remote area of Yunnan province, and causing thousands of buildings, including a school, to collapse. The U.S. Geological Survey said the quake registered at a shallow depth of less than 1 mile (1.6 km). Chinese state media said it was felt most strongly in Yunnan as well as in the neighboring provinces of Guizhou and Sichuan. The official Xinhua news agency said the epicenter was in Longtoushan town in Yunnan's mountainous Ludian county. Communications have been seriously affected and rescuers have begun arriving on the scene, the report said. Pictures posted online by state media showed troops stretchering people away and cars damaged by fallen bricks. Many people rushed out of buildings onto the street after the quake hit, electricity supplies were cut and at least one school collapsed, Xinhua added, with more than 12,000 houses having collapsed and 30,000 sustaining damage. More»
Amwal Al Ghad English - 2014-08-03 06:14:34
Masked militants attacked civilians, police and officials last week in China's far western region of Xinjiang leading to almost 100 deaths, the government said on Sunday, giving fresh details on one of the worst incidents of unrest in years. The Xinjiang government said 59 "terrorists" were gunned down by security forces in Shache county in Xinjiang's far south, while 37 civilians were killed in the attacks on July 28. Authorities reported the incident a day later, saying dozens of people had been killed when knife-wielding attackers had staged assaults in two towns in the region.It is unclear why the government waited so long to announce detailed casualties, though bad news has sometimes been covered up or delayed in the past. Due to tight security, visits by foreign journalists are very difficult, making an independent assessment of the situation almost impossible. "This was a serious terrorist attack incident which has links to domestic and overseas terrorist organizations and was organized, premeditated, carefully planned and evil," the Xinjiang government said on its official news website (www.ts.cn) in the early hours of Sunday morning. More»
Amwal Al Ghad English - 2014-08-02 08:06:09
West African leaders agreed on Friday to take stronger measures to try to bring the worst outbreak of Ebola under control and prevent it spreading outside the region, including steps to isolate rural communities ravaged by the disease. The World Health Organization and medical charity Medicins Sans Frontieres said on Friday the outbreak, which has killed 729 people in four West African countries, was out of control and more resources were urgently needed to deal with it. WHO chief Margaret Chan told a meeting of the presidents of Guinea, Liberia and Sierra Leone - the countries worst affected - that the epidemic was outpacing efforts to contain it and warned of catastrophic consequences in lost lives and economic disruption if the situation were allowed to deteriorate. "The presidents recognize the serious nature of the Ebola outbreak in their countries," Chan said after the meeting. "They are determined to take extraordinary measures to stop Ebola in their countries." In a communique after their talks, the leaders agreed to deploy security forces to isolate the frontier regions where 70 percent of the 1,323 cases have been detected. They banned the transportation of anyone showings signs of disease across borders, and pledged to introduce strict controls at international airports to prevent the virus spreading outside the region. There was international alarm last week when a U.S. citizen died of Ebola in Nigeria - Africa's most populous country - after flying there from Liberia. Two people quarantined in Lagos after coming into contact with him were released on Friday after they tested negative for the disease. The three leaders also agreed to step up efforts to protect local healthcare workers and encourage them to return to work. With healthcare systems struggling to cope with the highly infectious disease, which requires rigorous precautions to stop it spreading, more than 60 medical workers have lost their lives, hampering efforts to tackle the outbreak. Liberia has already put in place tough measures including closing all schools and some government departments. Sierra Leone on Wednesday declared a state of emergency and called in troops to isolate Ebola victims. However, Friday's agreement marked a reversal by Guinea, which had previously resisted taking tough steps, saying the disease was under control there. "Somewhat drastic measures will be taken," Guinea's Cooperation Minister Moustapha Koutoub Sano said. "These (border) prefectures and communities will be isolated." EMERGENCY COMMITTEE The outbreak has prompted some international organizations to withdraw. The U.S. Peace Corps has said it was withdrawing 340 volunteers from Liberia, Sierra Leone and Guinea. U.S. aid group Samaritans Purse said on Friday it would complete the evacuation of its 60 international staff from Liberia over the weekend. It said two American staff who contracted the disease in Liberia were in a serious condition and would be medically evacuated by early next week. Charity WaterAid said on Friday it was suspending its operations in Liberia as well. The WHO is launching a $100 million response plan and the United States is providing material and technical support to the three countries. Further assistance will be discussed at a U.S.-Africa summit in Washington next week. Guinea President Alpha Conde told Reuters he would represent Africa in those Ebola talks. Sierra Leonean President Ernest Bai Koroma and Liberia’s Ellen Johnson-Sirleaf announced this week they would remain at home to tackle the crisis. Chan appealed on Friday to the wider world to provide more medical experts and funding. She pledged to take personal responsibility for coordinating international response efforts and mobilizing the vast support needed to fight the virus, which can kill up to 90 percent of those infected. The fatality rate in this epidemic is about 60 percent. The WHO has convened an emergency committee on Aug. 6-7 to decide if the outbreak constitutes a public health emergency of international concern and to recommend measures to tackle it. "The demands created by Ebola in West Africa outstrip your capacities to respond," Chan told the presidents. Chan said cultural practices such as traditional burials and deep-seated beliefs were a significant cause of the spread and needed to change. In the final stages, its symptoms include external and internal bleeding, vomiting and diarrhea - at which point Ebola becomes highly contagious. On Friday, the government of southeastern Nigeria's Anambra state quarantined a mortuary containing the body of a Nigerian man who died in Liberia while tests were conducted to determine the cause of death. More»
Amwal Al Ghad English - 2014-07-31 06:58:02
China should set an economic growth target of 6.5-7 percent for 2015 and refrain from stimulus measures unless the economy threatens to slow sharply from that level, the International Monetary Fund said on Thursday. Most of its directors hold that view, though some feel that an even-lower growth target is appropriate, the IMF said in the conclusion of its annual Article IV economic consultation with China. "Regarding the growth target for 2015, while most directors concurred that a range of 6.5-7 percent would be consistent with the goal of transitioning to a safer and more sustainable growth path, a few other directors considered a lower target more appropriate," the IMF said. The IMF repeated its projection that the economic growth would dip to 7.4 percent this year, and decelerate further to 7.1 percent next year. The IMF cut its 2014 and 2015 economic growth forecasts for China last week. It had projected in April that the world's second-largest economy would grow 7.5 percent this year, in line with Beijing's official target, and 7.3 percent next year. Most Chinese government economists, however, doubt Beijing would slash its growth target to below 7 percent next year for fear of undermining financial stability and market confidence. More»
Amwal Al Ghad English - 2014-07-31 06:41:15
The Republican-led U.S. House of Representatives on Wednesday cleared the way for the launch of a lawsuit accusing President Barack Obama of overstepping his authority in carrying out his signature healthcare law. The 225-201 vote, along party lines, to authorize the suit will allow House lawyers to draft legal documents over a five-week summer recess starting on Friday. The planned lawsuit is expected to generate months of bitter campaign rhetoric from both Republicans and Democrats ahead of November elections that will determine the political control of Congress next year. The suit is expected to claim that Obama, a Democrat, exceeded his executive authority in making unilateral changes to the Affordable Care Act, known as Obamacare. Republicans argue that by delaying some healthcare coverage mandates and granting various waivers, he bypassed Congress in violation of the U.S. Constitution. Republicans have complained about other unilateral actions that Obama has taken to advance his agenda, from executive orders on immigration policy to same-sex partner benefits. More»
Amwal Al Ghad English - 2014-07-21 08:29:55
The U.N. Security Council expressed serious concern on Sunday at the escalation of violence in the Gaza conflict after meeting to discuss almost two weeks of fighting between Israel and the Islamist Hamas group that has cost more than 400 lives. "The members of the Security Council expressed serious concern about the growing number of casualties. The members of the security council called for an immediate cessation of hostilities," Rwandan U.N. Ambassador Eugene Gasana told reporters, after an emergency meeting of the 15-member council. More»
Amwal Al Ghad English - 2014-07-20 07:46:04
Turkish Prime Minister Tayyip Erdogan accused Israel on Saturday of having "surpassed Hitler in barbarism" through its attacks on Gaza, but warned Turks against taking out their anger on the country's Jewish community. Erdogan continued to ratchet up his rhetoric against the Jewish State over its offensive, threatening to further harm to already badly frayed relations between the two countries, once regional allies. Hours earlier Israel advised its citizens against traveling to Turkey, citing "the public mood" after attacks on Israeli diplomatic missions during protests in Istanbul and Ankara against the Gaza offensive on Friday. Palestinian officials say more than 330 people have been killed by Israeli strikes launched in response to rockets fired into Israeli territory by militants loyal to the Islamist group Hamas. More»