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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 - 2016-07-21 09:46:39
In his strongest remarks to date on the future of the western military alliance, Republican presidential candidate Donald Trump said on Wednesday the U.S. would only defend NATO members attacked by Russia after reviewing whether those nations “have fulfilled their obligations to us.” In an interview with the New York Times on Wednesday, the billionaire cast doubt on whether he would automatically extend the security guarantees that give the 28 members of the North Atlantic Treaty Organization the assurance that they have U.S. military support in the event of an attack. He specifically referred to the small Baltic states which share borders with Russia. Trump’s comments deepen his criticism of NATO after he called it “obsolete” in April during campaigning for the nomination. They come less than two weeks after the NATO summit in Warsaw agreed to enhance deployment of forces in Poland, Lithuania, Estonia and Latvia as a deterrent following Russia’s 2014 annexation of Crimea from Ukraine. President Vladimir Putin is overseeing the biggest Russian military buildup at its western border since the collapse of communism. The Kremlin is spending 20 trillion rubles ($314 billion) on an ambitious defense upgrade through 2020, while NATO’s plans involve rotating four battalions through the region. For an explainer of Russia’s military position, click here. “The geopolitical situation is worrying, we see how the Kremlin is trying to   increase its sphere of influence,” Inara Murniece, speaker of Latvia’s parliament, said in a Latvian television interview Thursday. “We will have to speak about security a lot no matter who is the next U.S. president.” Kremlin ‘Influence’ There are “no grounds to doubt the commitments that Lithuania has and we therefore do not doubt our allies’ commitments,” Lithuanian Foreign Ministry spokesman Kestutis Vaskelevicius said by phone Thursday. Trump’s refusal to guarantee that the U.S. will defend its allies follow successful efforts by his campaign team to remove proposals at this week’s Republican convention for a future administration to arm Ukraine in its conflict with Russian-backed separatists. Instead, the platform amendment pledged to offer only “appropriate assistance.” The NATO treaty states that an armed attack against any member state in Europe or North America shall be considered an attack against them all, allowing parties to take action against the aggressor. NATO calls the so-called Article 5 commitment a “cornerstone” of the alliance and it was invoked for the first time after the Sept. 11, 2001 terrorist attacks on the U.S. ‘Dangerous’ Trump “If Trump doubts NATO solidarity in the case of Article 5, then his election is dangerous for Baltic security,” Artis Pabriks, a former Latvian foreign and defense minister who’s now a member of the European Parliament, said on Twitter. Estonia “fought, with no caveats, in NATO’s” operation under Article 5 in Afghanistan, President Toomas Hendrik Ilves said on Twitter. It’s one of five NATO allies that meets its commitment to spend 2 percent of gross domestic product on defense, he said. Trump also said he would not “lecture” NATO ally Turkey about purges of political adversaries or crackdowns on civil liberties after the attempted coup in that country, saying the U.S. had first to “fix our own mess.” Turkey on Thursday imposed a three-month state of emergency as the government pursues those it sees responsible for the failed takeover that left almost 250 people dead. Thousands of army officers, judges and prosecutors have been detained, and a wider purge is under way that encompasses universities, schools and the civil service. Financial markets have been thrown into turmoil. Trump praised Turkish President Recep Tayyip Erdogan, giving him credit for seeing off the failed coup. “Some people say that it was staged, you know that,” he said. “I don’t think so.” “When the world sees how bad the United States is and we start talking about civil liberties, I don’t think we are a very good messenger,” Trump said. More»
Amwal Al Ghad English - 2016-07-21 09:16:36
Turkey's deputy prime minister said on Thursday a three-month state of emergency would have no impact on the general public and business and it would strengthen democracy, the market economy and enhance the investment climate. "Life of ordinary people and businesses will go un-impacted, uninterrupted, business will be as usual. We're committed to market economy," Mehmet Simsek said on Twitter following the announcement of the state of emergency. Simsek said there would be no backsliding on human rights. President Tayyip Erdogan, who has launched mass purges of state institutions since a July 15 coup attempt, said the emergency was fully in line with Turkey's constitution and did not violate the rule of law or basic freedoms of citizens. More»
Amwal Al Ghad English - 2016-07-21 08:52:48
Germany and Britain agreed Wednesday that Prime Minister Theresa May needed time to prepare for talks to leave the EU, after London took the first step towards Brexit by giving up its presidency of the European Council. On her first foreign trip since taking office in the wake of Britain's seismic referendum, May told German Chancellor Angela Merkel that her government would not ask to leave the European Union before the end of 2016 in order to plan a "sensible and orderly departure". "We will not invoke Article 50 until our objectives are clear, which is why I've said already this will not happen before the end of this year," May said in Berlin, referring to the formal EU mechanism to leave the bloc. Merkel, who is expected to play a pivotal role in the Brexit talks, said it was in the interests of all that Britain had a "well-defined position" before beginning the negotiations. "No one wants things to be up in the air -- neither Britain nor the member states of the EU," Merkel said. "If we look at all matters and challenges facing us, it's most important to have Britain as a partner and we will do so and then negotiate on Britain leaving," she added. More»
Amwal Al Ghad English - 2016-07-21 08:31:20
Turkish President Tayyip Erdogan declared a state of emergency on Wednesday as he widened a crackdown against thousands of members of the security forces, judiciary, civil service and academia after a failed military coup. Erdogan said the state of emergency, lasting three months, would allow his government to take swift and decisive measures against supporters of the coup and was allowed under the constitution. Emergency rule, which would take effect after it is published in Turkey's official gazette, would allow the president and cabinet to bypass parliament in passing new laws and to limit or suspend rights and freedoms as they deem necessary. Erdogan made the announcement during a live television broadcast in front of his government ministers after a nearly five-hour meeting of the National Security Council. "The aim of the declaration of the state of emergency is to be able to take fast and effective steps against this threat against democracy, the rule of law and rights and freedoms of our citizens," Erdogan said. He also pointedly rebuffed criticism from Western governments that have accused him of going too far in efforts to neutralize suspected opponents. About 60,000 soldiers, police, judges, civil servants and teachers have been suspended, detained or are under investigation since Friday's military coup attempt. More»
Amwal Al Ghad English - 2016-07-21 07:54:40
A Trump staffer apologized Wednesday for using remarks by Michelle Obama in a speech delivered by Melania Trump at the Republican National Convention that ignited a deeply embarrassing plagiarism row. The speech from the ex-model, watched by millions on television on Monday night, amounted to a nightmarish start for the convention and subjected her husband's presidential campaign to withering scrutiny. Melania Trump had "always liked" the Democratic first lady and had "read me some passages from Mrs Obama's speech" as examples of what she wanted to tell the convention, said staffer Meredith McIver. "I wrote them down and later included some of the phrasing in the draft that ultimately became the final speech. "I did not check Mrs Obama's speeches. This was my mistake, and I feel terrible for the chaos I have caused," she said in a statement released by the Trump campaign. "No harm was meant." McIver said Trump had refused to accept her resignation, saying that "people make innocent mistakes," according to her statement. More»
Amwal Al Ghad English - 2016-07-20 10:18:57
Finance ministers from Japan and the United States will hold bilateral talks on Saturday in Chengdu, China, ahead of a weekend meeting of financial leaders from the Group of 20 major economies, Japan's Ministry of Finance said on Wednesday. Finance Minister Taro Aso and U.S. Treasury Secretary Jack Lew will meet on Saturday morning before the G20 finance chiefs kick off their weekend meeting, at which they are expected to discuss the impact of Britain's exit from the European Union. During previous talks held earlier this year, Aso and Lew voiced different views on currency moves. While Aso warned that the yen was rising too rapidly, Lew maintained that foreign-exchange moves were orderly, a remark taken by markets as a caution against intervention. On Sunday, Aso will also hold a bilateral meeting with his Australian counterpart Scott Morrison shortly after the G20 meeting wraps up in the afternoon, the ministry added. More»
Amwal Al Ghad English - 2016-07-20 10:04:11
President Francois Hollande said Tuesday he was willing to extend France's state of emergency for another six months following the Bastille Day massacre, as lawmakers prepared to debate the country's tough security laws. French MPs will mull a fourth extension of the eight-month-old state of emergency, as criticism mounted of the Socialist government's response to a slew of extremist attacks. Hollande had announced last Thursday a planned lifting of the measures imposed after the November Paris attacks that killed 130. But he changed tack just hours later, after a truck driver ploughed through a crowd leaving a July 14 fireworks display in Nice, leaving 84 dead. Hollande initially proposed a three-month extension but said Tuesday during a visit to Lisbon he was "open to a further extension of three months", making a total of six months. His remarks were seen as a concession to the opposition Republicans, who have demanded that the state of emergency -- which gives the police extra powers to carry out searches and place people under house arrest -- be maintained through the end of the year. With elections just around the corner, the political unity seen after last year's attack on satirical magazine Charlie Hebdo has evaporated. And the Socialists have said they will draw the line at some of the opposition's more controversial demands. Republicans leader and former president Nicolas Sarkozy, who is eyeing another run for the top job in 2017 elections, has called for anyone showing signs of being radicalised to be forced to wear an electronic tag, placed under house arrest or kept in a detention centre. "We can't lock people up on the basis of mere suspicion, or suspicion of suspicion," minister for parliamentary relations Jean-Marie Le Guen retorted Tuesday. The Paris prosecutor's office said Tuesday all 84 victims had finally been identified. Around 30 of the victims were Muslims, said an official from a regional representative body. Five days after the attack, 70 people are still hospitalised, 19 in critical condition. On Monday, investigators said that 31-year-old Mohamed Lahouaiej Bouhlel, who used a 19-tonne truck to mow the victims down, had shown "recent interest" in jihadist activity. Authorities found "very violent" photos on his computer, of corpses, fighters posing with the IS flag, and photos of Al-Qaeda founder Osama bin Laden. However Paris prosecutor Francois Molins said there was no direct evidence of the Tunisian's links to IS -- which has claimed him as one of their "fighters." More»
Amwal Al Ghad English - 2016-07-20 09:39:00
Persistent heavy rain on Wednesday caused widespread disruption in the Chinese capital, Beijing, forcing the delay and cancellation of hundreds of flights and the closure of some subway stations. Beijing's steamy summer months are often marked by dramatic rainstorms, one of which in 2012 killed 37 people. The Beijing city government issued an orange alert, the second highest in China's four-tier warning system, over the rain, and warned it could continue overnight, with a total of 100 mm (3.9 inches) of rain expected in some areas. More than 200 flights were canceled at Beijing's main international airport, and a handful of subway stations shut, the government said. Pictures on social media showed cars making their way slowly through flooded streets in parts of the city. Some high speed rail services were also delayed, the rail authority said. There were no reports of any casualties. Large parts of central and eastern China have been inundated with rain this summer, killing more than 200 people. More»
Amwal Al Ghad English - 2016-07-20 08:42:48
British Foreign Secretary Boris Johnson said on Tuesday it would take far too long for him to apologise for the "rich thesaurus" of rude comments and insults he has directed at world leaders and others over the years. Johnson, a former journalist with a talent for trenchant comments that his critics say sometimes tip over into untruth, said his utterances over a three-decade career had often been "misconstrued". Appointed Foreign Secretary, to widespread surprise, in a government reshuffle following Britain's vote to leave the European Union last month, Johnson first made his name in the early 1990s as a foreign correspondent in Brussels writing highly coloured stories about the EU. More»
Amwal Al Ghad English - 2016-07-20 08:41:41
Turkey vowed to root out allies of the U.S.-based cleric it blames for an abortive coup last week, widening a purge of the army, police and judiciary on Tuesday to universities and schools, the intelligence agency and religious authorities. Around 50,000 soldiers, police, judges, civil servants and teachers have been suspended or detained since the coup attempt, stirring tensions across the country of 80 million which borders Syria's chaos and is a Western ally against Islamic State. "This parallel terrorist organization will no longer be an effective pawn for any country," Prime Minister Binali Yildirim said, referring to what the government has long alleged is a state within a state controlled by followers of Fethullah Gulen. "We will dig them up by their roots," he told parliament. A spokesman for President Tayyip Erdogan said the government was preparing a formal request to the United States for the extradition of Gulen, who Turkey says orchestrated the failed military takeover on Friday in which at least 232 people were killed. U.S. President Barack Obama discussed the status of Gulen in a telephone call with Erdogan on Tuesday, the White House said, urging Ankara to show restraint as it pursues those responsible for the coup attempt. In parallel talks, U.S. Defense Secretary Ash Carter and his Turkish counterpart discussed the importance of Turkey's Incirlik Air Base in the campaign against Islamic State in Syria and Iraq, the Pentagon said. The base, which is used by Turkish and U.S. forces in the air campaign against Islamic State, has been without power in the days since the failed coup. Seventy-five-year-old Gulen, who lives in self-imposed exile in Pennsylvania but has a network of supporters within Turkey, has condemned the abortive coup and denied any role in it. A former ally-turned critic of Erdogan, he suggested the president staged it as an excuse for a crackdown after a steady accumulation of control during 14 years in power. On Tuesday, authorities shut down media outlets deemed to be supportive of the cleric and said 15,000 people had been suspended from the education ministry along with 100 intelligence officials. A further 492 people were removed from duty at the Religious Affairs Directorate, 257 at the prime minister's office and 300 at the energy ministry. The lira weakened to beyond 3 to the dollar after state broadcaster TRT said all university deans had been ordered to resign, recalling the sorts of broad purges seen in the wake of successful military coups of the past. In a sign of international concern, a German official said a serious fissure had opened in Turkey and he feared fighting would break out within Germany's large Turkish community. More»