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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        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        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        Prime Holding   0.91        Al Arafa Investment And Consul   0.17        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 - International News

Amwal Al Ghad English - 2015-08-19 09:10:23
Japan and Iran will start negotiations on an investment accord once sanctions are lifted following last month's landmark international deal on Tehran's nuclear program, the Nikkei reported on Wednesday, citing Japanese government sources. Initial talks are being held between the two countries to prepare for the lifting of sanctions and begin formal negotiations, the business daily said, without identifying the sources. Japan is keen to boost ties with Iran and invest in resource projects in the country, as well as return imports of Iranian oil to about 10 percent of the total from 5 percent now after sanctions forced Japanese refiners to cut purchases, it said. Earlier this month, Daishiro Yamagiwa, vice-minister of Japan's Ministry of Economy, Trade and Industry (METI), visited Tehran and met top government officials, accompanied by executives from the oil, gas and other industries. More»
Amwal Al Ghad English - 2015-08-19 08:37:26
Greek Prime Minister Alexis Tsipras has yet to make up his mind on calling early elections, a government minister said on Wednesday, following a rift in the ruling party over the country's new bailout deal. Ministers have spoken openly about the possibility of a parliamentary confidence vote leading to elections since Tsipras had to rely on opposition lawmakers to win approval on Friday for the 86 billion euro bailout deal. But Deputy Culture Minister Nikos Xydakis played down speculation that Tsipras could move soon after Greece makes a 3.2 billion euro debt repayment to the European Central Bank on Thursday, using funds to be released under the bailout programme. More»
Amwal Al Ghad English - 2015-08-19 08:06:26
China's currency devaluation should give a shot in the arm to global foreign exchange volumes as traders take advantage of and protect themselves against the surprise surge in volatility, but its longer-term impact on market activity may not be so benign. Investors with longer-term horizons than a day's trading profit, from pension funds seeking stable returns to companies considering expanding overseas, will be alarmed by the prospect of wild swings in exchange rates triggered by another round of "currency wars". Former Brazilian finance minister Guido Mantega coined the term "currency wars" in 2010. It refers to countries trying to make their exports more competitive - and ultimately boost their growth - at the expense of rivals, by weakening their exchange rates. More»
Amwal Al Ghad English - 2015-08-19 07:57:08
German MPs are meeting to debate and vote on a controversial third bailout deal for Greece. A majority is expected to approve the bailout, but Chancellor Angela Merkel is bracing for a rebellion in her centre-right alliance. The Christian Democrats (CDU) and their Bavarian CSU allies are divided over the €86bn ($95bn; £61bn) package. The rebellion in the Bundestag (lower house) could rise to 100 - out of 631 - MPs, German commentators say. Last month, 65 CDU/CSU politicians refused to support even starting negotiations for a third bailout. Some MPs suspect that the deal could lead to part of Greece's large debt being written off - with EU taxpayers having to foot the bill. More»
Amwal Al Ghad English - 2015-08-18 08:26:57
The Chinese firm whose warehouse in Tianjin exploded last week killing at least 114 people did not have a licence to handle hazardous chemicals until two months ago, Xinhua news agency says. It also said that for eight months before June, Tianjin International Ruihai Logistics handled hazardous chemicals without the right documents. Nearly 700 people were injured in Wednesday's devastating blasts. Ceremonies in the port city honoured the dead on Tuesday. Cargo ships blared their horns and people gathered in silence to mark the day. More»
Amwal Al Ghad English - 2015-08-18 08:19:36
Iran’s supreme leader, Ayatollah Ali Khamenei, said Monday his country wouldn’t allow the nuclear deal between Tehran and six world powers to become an avenue for the U.S. to interfere with the political, economic and cultural life of the Islamic Republic. “Their intention, in their imagination, was to find a way to infiltrate our country through this agreement,” Khamenei said, adding that Iran would “confront this infiltration with full power, which is thankfully high today.” The comments, published on Khamenei’s official website, reflect the unease of ultraconservative voices inside Iran’s political and clerical establishment with the deal and the leading role of the U.S. in negotiating it. The U.S. was a close ally of the shah of Iran, whose overthrow in 1979 led to the founding of the Islamic Republic. In the brief remarks attributed to him, Khamenei said the fate of the accord, signed last month in Vienna, was uncertain. “It isn’t clear whether it will be approved here, and it isn’t clear whether it will be approved there,” he said. More»
Amwal Al Ghad English - 2015-08-18 08:16:55
All 54 people on board a Trigana Air aircraft were killed in a crash two days ago in Indonesia's Papua province, the latest in a string of aviation disasters in the Southeast Asian archipelago, officials said on Tuesday. Major-General Heronimus Guru, operations director at Indonesia's National Search and Rescue Agency, told a news conference in the capital that the passengers' remains were being put into body bags and recovered. Officials have declined to comment on the cause of Sunday's crash until the results of an investigation by the national transport safety committee, but Guru said the terrain in Indonesia's easternmost province may have been a factor. More»
Amwal Al Ghad English - 2015-08-17 09:13:02
People in the Chinese city of Tianjin whose homes were damaged by the huge explosions at on 12 August have staged protests, demanding compensation from the government. Scores gathered outside the Mayfair Hotel, where officials have been giving news conferences. Residents say the chemical storage warehouses which blew up had been built illegally close to their homes. The blasts focused on a warehouse which was storing sodium cyanide. Tianjin - the toll Officials now say 114 people died in the explosions Still missing: 70, mostly firefighters Nearly 700 are still in hospital At least 6,000 people have been displaced, state media report Some 17,000 homes damaged by the blasts and their shockwaves An investigation is under way into what might have triggered the explosions. The warehouse was storing hundreds of tonnes of sodium cyanide, far more than legally allowed, and was also within 500m (1,640ft) of homes, flouting laws which state a 1km minimum distance. Local media had earlier reported that there were at least three residential complexes within 1km of the warehouse, which belonged to Ruihai International Logistics. In the latest in a number of small protests, the people gathered at the Mayfair Hotel on Monday said they wanted compensation for their damaged homes, and would refuse to return to them even if they were ruled safe. "We don't know if there will be further leaks in the future. We could be living near a ticking time bomb," one resident, who gave his name as Chen, told reporters. In an open letter to the authorities, they said their groundwater could have been contaminated, and that logistics companies and chemical "dumping grounds" remained close to residential complexes. "Our neighbours lost their lives there. Their screams can never be erased for a long time. How can we live in that 'execution ground' with any peace of mind?" the letter states. More»
Amwal Al Ghad English - 2015-08-17 09:18:33
Iran's nuclear deal with world powers will not open the Islamic Republic to political or economic influence from the United States and could still be blocked by either country, Supreme Leader Ayatollah Ali Khamenei said on Monday. The conservative cleric, Iran's highest authority, has refrained from making decisive statements on the nuclear deal reached last month, which must still be approved by the U.S. Congress before taking effect. More»
Amwal Al Ghad English - 2015-08-17 09:06:34
An Indonesian passenger plane that crashed with 54 people on board in Papua province was carrying cash worth around $470,000 for remote villages, a post office spokesman said on Monday as rescue teams headed to the mountainous site where it went down. The Trigana Air Service ATR 42-300 plane crashed on Sunday, the latest in a string of aviation disasters in the sprawling Southeast Asian archipelago. Earlier, a search and rescue plane spotted debris believed to be from the aircraft in the heavily forested Bintang Mountains district, local police chief Yunus Wally told the Antara news agency, adding that a search team was approaching the area. There were 44 adult passengers, five children and infants and five crew on the Trigana short-haul flight from Sentani Airport in Jayapura, capital of Papua, south to Oksibil. More»