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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        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 - 2015-01-20 07:37:29
The International Monetary Fund lowered its forecast for global economic growth in 2015, and called on Tuesday for governments and central banks to pursue accommodative monetary policies and structural reforms to support growth. Global growth is projected at 3.5 percent for 2015 and 3.7 percent for 2016, the IMF said in its latest World Economic Outlook report, lowering its forecast by 0.3 percentage points for both years. "New factors supporting growth, lower oil prices, but also depreciation of euro and yen, are more than offset by persistent negative forces, including the lingering legacies of the crisis and lower potential growth in many countries," Olivier Blanchard, the IMF's chief economist, said in a statement. The IMF advised advanced economies to maintain accommodative monetary policies to avoid increasing real interest rates as cheaper oil heightens the risk of deflation. If policy rates could not be reduced further, the IMF recommended pursuing an accommodative policy "through other means". More»
Amwal Al Ghad English - 2015-01-19 09:09:44
Iran and major powers will meet again next month to try to narrow differences over Tehran's nuclear programme after making limited progress on Sunday, as Washington lobbied to stave off fresh sanctions, diplomats said. All sides agreed to step up efforts to reach a political understanding by the end of March with a view to clinching a full-blown deal by their self-imposed deadline of June 30. "The mood was very good, but I don't think we made a lot of progress," France's negotiator Nicolas de la Riviere told reporters as he left the European Union mission in Geneva. Iranian deputy foreign minister Abbas Araqchi said that discussions had been "good" and "extensive". "We reviewed all subjects on the table and we had very serious and business-like negotiations," he told reporters. "We are still trying to bridge the gap between the two sides." The negotiations, held at the level of political directors, capped five days of diplomacy in Geneva and Paris, including lengthy meetings between U.S. Secretary of State John Kerry and Iranian Foreign Minister Mohammad Javad Zarif. "Substantive progress is limited, experts will continue tomorrow (Monday) morning. It is fair to say that everybody is committed to stepping up efforts," a diplomat told Reuters. EU political director Helga Schmid chaired the talks among officials from Iran, Britain, China, France, Germany, Russia and the United States. Acting Deputy Secretary of State Wendy Sherman declined comment. U.S. President Barack Obama warned lawmakers on Friday not to trigger new sanctions against Iran over its nuclear programme, saying such a move would upset diplomatic talks and increase the likelihood of a military conflict with Tehran. "Time is running short," China's envoy Wang Qun told reporters. All parties must "adopt a pragmatic and a flexible approach" and reach "resolute political decisions," he said. Negotiators failed in November to meet a self-imposed deadline for clinching an elusive agreement seen as crucial to reducing the risk of a wider Middle East war. Under a late-2013 accord with the six powers, Iran halted its most sensitive nuclear activity and took other steps in exchange for some easing of economic sanctions. It was negotiated to buy time for talks on the final settlement of a dispute over Iran's nuclear programme that is more than decade old. Tehran says it is peaceful but the West fears may be aimed at developing a capability to produce nuclear weapons. More»
Amwal Al Ghad English - 2015-01-19 08:54:31
World leaders, top business people and campaigners will be debating issues from climate change to political instability at the World Economic Forum this week Climate change Last year was the warmest on record, and climate change will be high on the agenda during the first full day of events in Davos. Al Gore, the former vice-president of the US, who has described climate change as “the biggest challenge our civilisation faces”, is taking centre stage alongside Pharrell Williams, the pop star who sang “Happy” but who is appearing as creative director of Bionic Yarn, a company that turns fibres from recycled plastic into durable textiles. Gore is participating in other events looking at how business should respond to climate change, alongside Lord Stern, president of the British Academy, and speakers from the insurance company Axa. Other events covering this topic include “Building for the Storm”, asking how governments should respond to climate change. Another session will look at how a comprehensive global climate deal can be achieved. More»
Amwal Al Ghad English - 2015-01-19 07:20:45
President Barack Obama's new tax plan ran into rapid criticism from the Republicans on Sunday, underscoring the challenges facing any attempt to overhaul the U.S. tax code. With the start of a new Congress this month under Republican control, lawmakers have been discussing tax reform. However, with Congress deeply divided on fiscal policy, Obama's latest tax plan is likely to hit strong opposition. Unable to compromise over taxes and spending, Washington has not thoroughly revamped the code in 28 years, although it is commonly acknowledged that the tax code is riddled with loopholes and does not raise enough revenue to pay the country's bills. The U.S. economy is growing again and last year added jobs at the fastest clip since 1999. While the government still borrows to meet its budget, the deficit has declined sharply. Ahead of Obama's State of the Union address on Tuesday, senior administration officials said on Saturday the Democrat president will call for new taxes on the wealthy and on Wall Street banks, both Republican constituencies. More»
Amwal Al Ghad English - 2015-01-19 07:05:54
Ukrainian troops recaptured almost all the territory of Donetsk airport in eastern Ukraine they had lost to separatists in recent weeks, as thousands gathered in Kiev for a state-sponsored peace march on Sunday. The offensive brought fighting close to the industrial city of Donetsk, centre of a pro-Russian rebellion, while shelling intensified in other parts of the region known as "Donbass". With attempts to restart peace talks stalled, pro-Russian rebels have stepped up attacks in the past week and casualties have mounted, including 13 civilians killed in an attack on a passenger bus, which Kiev blamed on the separatists. Military spokesman Andriy Lysenko said the army's operation had returned battle lines near the airport to the previous status quo and thus not violated the 12-point peace plan agreed with Russia and separatist leaders last September in Minsk. More»
Amwal Al Ghad English - 2015-01-18 08:03:00
Fighting raged on Saturday at the main airport of Ukraine's city of Donetsk as separatists resumed attempts to break the tenuous grip of government forces on the complex and Kiev's military said three more Ukrainian soldiers had been killed. With attempts to restart peace talks stalled, pro-Russian rebels have stepped up shelling attacks to break the resistance of government troops dug in at the airport, itself a wrecked hulk battered by months of war. Though its runways are cratered and it has long ceased to function, the airport has symbolic value for both sides and has become the main flashpoint in the fighting as prospects for fresh peace talks have dimmed. A planned meeting of representatives from Ukraine, Russia and the Organisation for Security and Cooperation in Europe and separatist leaders on the Ukraine crisis failed to materialize in the Belarussian capital Minsk on Friday. A meeting of the so-called 'contact group' is seen as vital for getting the warring parties to observe a real ceasefire. More»
Amwal Al Ghad English - 2015-01-18 08:01:19
President Barack Obama's State of the Union address will propose closing multibillion-dollar tax loopholes used by the wealthiest Americans, imposing a fee on big financial firms and then using the revenue to benefit the middle class, senior administration officials said on Saturday. Obama's annual address to a joint session of Congress on Tuesday night will continue his theme of income equality, and the administration is optimistic it will find some bipartisan support in the Republican-dominated House of Representatives and Senate. The proposals administration officials listed on Saturday may still generate significant opposition from the Republicans because they would increase taxes. In a conference call with reporters to preview the taxation aspect of Obama's address, one official said some of the ideas the president is outlining already have "clear congressional bipartisan support or are ideas that are actually bipartisan in their nature." Obama's proposals call for reforming tax rules on trust funds, which the administration called "the single largest capital gains tax loophole" because it allows assets to be passed down untaxed to heirs of the richest Americans. More»
Amwal Al Ghad English - 2015-01-17 08:40:28
Japanese Prime Minister Shinzo Abe warned on Saturday that the world would suffer an "immeasurable loss" if terrorism spreads in the Middle East and pledged about $200 million in non-military assistance for countries battling Islamic State. The threat of Islamist militancy has come into sharp focus outside the Middle East after gunmen killed 17 people in three days of violence in Paris that began on Jan. 7 with an attack on the offices of a newspaper that had published satirical images of the Prophet Mohammad. "Should we leave terrorism or weapons of mass destruction to spread in this region, the loss imparted upon the international community would be immeasurable," Abe said in Cairo at the start of a regional tour. Highlighting his concern, he told a meeting of the Japan-Egypt Business Committee that Tokyo would provide non-military financial backing for countries fighting Islamic State. The al-Qaeda breakaway group controls large parts of OPEC oil producer Iraq and neighbouring Syria, has declared a caliphate and wants to redraw the map of the Middle East, a region vital for Japan's energy needs. "I will pledge assistance of a total of about 200 million U.S. dollars for those countries contending with ISIL, to help build their human capacities, infrastructure, and so on," said Abe. In addition to the $2.2 billion in assistance Japan pledged for the Middle East two years ago, Abe said his government would provide another $2.5 billion in non-military assistance in fields such as humanitarian assistance and infrastructure. More»
Amwal Al Ghad English - 2015-01-17 07:38:20
Belgian, French and German police interrogated dozens of Islamist suspects on Friday as much of Europe remained on heightened security alert after last week's killings in Paris and raids in Belgium in which two gunmen were killed. In Paris there was a fresh scare when a gunman took several people hostage at a post office in a northwestern suburb. A siege ended when he gave himself up to police. No one was hurt. Authorities said they could not confirm whether the incident was related to terrorism. Belgian police questioned 13 suspects and France held two people on Belgium's request, a day after two gunmen were killed during raids against an Islamist group that authorities said were planning to attack police. French police said they had arrested 12 people suspected of helping the Islamist gunmen behind attacks last week on a satirical magazine and kosher supermarket in Paris. Officials said there was no clear link between the suspected Belgian plot and the Paris attacks a week earlier, but described them as part of a common threat. "There is a terrorist offensive," French Prime Minister Manuel Valls told reporters. "We face the same threat." More»
Amwal Al Ghad English - 2015-01-17 07:35:22
U.S. President Barack Obama and British Prime Minister David Cameron vowed on Friday to take on "the poisonous ideology" of Islamic extremists and said intelligence agencies must be allowed to track militants online despite privacy concerns. Obama and Cameron held two days of White House talks amid increasing concern in Europe about the threat posed by extremists after 17 people were killed in Paris attacks and Belgian authorities engaged in a firefight with terror suspects. "We face a poisonous and fanatical ideology that wants to pervert one of the world's major religions, Islam, and create conflict, terror and death. With our allies, we will confront it wherever it appears," Cameron told a joint White House news conference with Obama after their talks. Obama said he and Cameron accepted that intelligence and military force alone would not solve the problem, and they would work together on "strategies to counter violent extremism that radicalizes recruits and mobilizes people, especially young people, to engage in terrorism." The extremists' ability to communicate online and spread recruitment propaganda on the Internet have presented a challenge to authorities. More»