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Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        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        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        Universal For Paper and Packag   4.94        Egyptian for Tourism Resorts   0.69        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        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        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        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        Cairo Poultry   8.32        ARAB POLVARA SPINNING & WEAVIN   2.11        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 - 2014-12-27 14:43:28
Russia has agreed on a new deal to supply coal and electricity to Ukraine, which is struggling with a lack of raw fuel for power plants due to a separatist conflict in the industrial east, Russian officials said on Saturday. The move comes a day after Kiev said it would suspend train and bus services to Crimea, effectively creating a transportation blockade to and from the region annexed by Moscow in March this year. Kiev has briefly cut off electricity to Crimea before. Russia will supply coal and electricity to Kiev without advance payment as a goodwill gesture from President Vladimir Putin, his spokesman Dmitry Peskov told TASS news agency. "Putin made a decision to start these supplies due to the critical situation with energy supplies and despite a lack of prepayment," Peskov said. Russia plans to supply 500,000 tonnes of coal to Ukraine per month, Deputy Prime Minister Dmitry Kozak told Rossiya 24 television. It is ready to supply another 500,000 tonnes per month if an additional agreement is reached, he added. Ukraine's coal reserves stand at 1.5 million tonnes compared with normal winter stocks of 4-5 million tonnes, according to energy ministry data. The country used to be self-sufficient in electricity, but months of fighting a pro-Russian uprising has disrupted coal supplies to thermal power plants, which had generated around 40 percent of its power. Last week Ukraine's energy minister, Voldymyr Demchyshyn, said he was holding talks with Russia's energy ministry on coal and power supplies. Earlier attempts to import Russian coal have been hampered by supplies being held up at the border. Supplies will come at Russian domestic prices, Kozak said, adding that he hoped the move would help ensure reliable energy supplies to Crimea. He did not say whether the transportation hold-ups at the border had been resolved. Russia will also supply electricity to Ukraine, Kozak said, without giving supply volumes. Kiev's pro-Western government has accused Russia of orchestrating the rebellion in Ukraine's east, a charge Moscow denies. More»
Amwal Al Ghad English - 2014-12-27 10:14:54
Ukraine cut off electricity and train services to Crimea on Friday, moves that could raise tensions with Russia, which annexed the peninsula in March and has been prodding Kiev to negotiate with Moscow-backed rebels in the country’s eastern provinces. The power cutoff is the second this week by Ukraine, which says it has electricity shortages of its own because rebels have halted shipments of coal to its power plants. The cutoff in railway services, however, could indicate Ukraine is stepping up its pressure of the peninsula. Ukraine’s state rail company Ukrzaliznytsia on Friday said it would stop passenger and cargo train services to Crimea “in order to insure the safety of passengers.” The move will affect both Ukrainian and foreign trains traveling to the peninsula, the company said. It didn’t indicate when services would resume. Ukrainian pressure on Crimea comes after talks between Kiev and Russian-supported rebels to end the fighting got off to an unsteady start. Ukrainian officials and representatives of the rebels met for the first time in months for about five hours earlier this week in Minsk, Belarus. However, the two sides failed to agree on more than a tentative plan for a prisoner exchange and didn’t set a date for their next meeting, officials said. The talks, mediated by Russia and the Organization for Security and Cooperation in Europe, aim to cement a putative cease-fire that was declared in September between Ukrainian and rebel troops. Although fighting has tailed off in recent weeks, more than 1,300 have been killed since the cease-fire was declared. Altogether, more than 4,700 have been killed since fighting broke out in eastern Ukraine in the spring. More»
Amwal Al Ghad English - 2014-12-25 09:47:03
Former U.S. President George H.W. Bush, 90, remained hospitalized near his home in Houston on Wednesday as a precaution after experiencing shortness of breath, a spokesman for the 41st president said. "President Bush had a good day and his prognosis remains positive," spokesman Jim McGrath said in a brief statement issued Wednesday evening, a day after Bush was admitted to Houston Methodist Hospital. McGrath added that Bush would remain at the hospital for another night "as a precaution." Bush was admitted to the same hospital in November 2012 for treatment of bronchitis and related ailments before his discharge seven weeks later in mid-January of 2013. His latest health scare unfolded on Tuesday evening, when the former president suffered shortness of breath and was taken by ambulance to Houston Methodist to be held for observation, McGrath said. Bush, a Republican, grew so ill during his previous hospitalization that he was believed at one point to be near death, and members of his family gathered around him. He marked his 90th birthday this year by taking a tandem parachute jump near Kennebunkport, Maine. His eldest son, former President George W. Bush, this year published a best-selling book about his father, titled "41 - A Portrait of My Father." More»
Amwal Al Ghad English - 2014-12-23 09:43:22
Senate Republican leader Mitch McConnell said on Monday he opposed U.S. President Barack Obama's plans to normalize relations with Cuba, and spoke of steps lawmakers might take to rein in the new policy. Interviewed by Reuters, McConnell also said that he and the president, a Democrat, had discussed possible major tax reform legislation and that any effort should not focus on the country's biggest corporations alone, but also include help for small businesses. On another international matter McConnell, who takes over in January as Senate majority leader, said North Korea's computer hacking of Sony Corp was more serious than an act of vandalism, taking issue with a characterization Obama had used to describe the cyberattack. McConnell declined to spell out steps he thought the United States should take in response. "This is a serous threat to the United States," he said. Speaking by telephone from his home state of Kentucky, McConnell said he agreed with the Senate's most outspoken critics of Obama's new Cuba policy, Republican Senator Marco Rubio of Florida and Democratic Senator Robert Menendez of New Jersey, "that it was a mistake." Obama's actions to forge relations and expand commercial ties with the Communist-led island after half a century of hostility has divided Republicans in Congress and could weigh on the 2016 campaign for president. McConnell said there were some "pretty obvious" ways to keep the policy from being fully implemented. Only Congress has the power to remove some barriers to relations with Cuba since "a number of sanctions" were written into law, he said. He said any U.S. ambassador to Cuba would require Senate approval. "Look at Vietnam," McConnell said. "We normalized relations with them and they are a Communist regime that still represses people. Sometimes engagement works, sometimes it doesn't." With many Republicans and Democrats backing tax reform, it could become an issue in the last two years of Obama's presidency. The last major reform was in 1986. While McConnell repeatedly referred to "comprehensive" legislation, he also stressed that such a measure had yet to take shape and would require bipartisan agreement. In pressing for broad reforms that include small businesses, McConnell said, "It's pretty hard to argue it's a good idea to take Fortune 500 companies down to 25 percent (tax rate) and leave a mom-and-pop operation in Louisville in the high 30s." More»
Amwal Al Ghad English - 2014-12-22 14:57:01
Methane Services, a subsidiary of British energy firm BG Group, has sold two liquefied natural gas (LNG) vessels to GasLog Ltd for $460 million. GasLog said it would charter the two carriers, Methane Becki Anne and Methane Julia Louise, back to BG for periods of 9-11 years, with the option of extending the charter periods for each vessel by three to five years. "GasLog Ltd has entered into an agreement with Methane Services Ltd to acquire two modern tri-fuel diesel electric LNG carriers for a cost of $460 million," GasLog said in a statement. BG confirmed the deal. BG sees its LNG division as a core part of its business with a fleet of around 25 LNG vessels. It sees strong growth in the market over the coming decade. It sources LNG from places including Trinidad, Australia and Egypt. More»
Amwal Al Ghad English - 2014-12-22 07:46:30
China has said it opposes all forms of cyberattacks, but it stopped short of directly condemning the hacking of Sony Pictures, or of responding to U.S. calls for action against North Korea, blamed by Washington for the assault. Chinese Foreign Minister Wang Yi "reaffirmed China's relevant position, emphasizing China opposes all forms of cyberattacks and cyber terrorism" in a conversation with U.S. Secretary of State John Kerry on Sunday, the foreign ministry in Beijing said in a statement. "(China) opposes any country or individual using other countries' domestic facilities to conduct cyberattacks on third-party nations," it said. The statement made no direct mention of North Korea. China is North Korea's only major ally, and would be central to any U.S. efforts to crack down on the isolated state. But the United States has also accused China of cyber spying in the past and a U.S. official has said the attack on Sony could have used Chinese servers to mask its origin. South Korea, which is still technically at war with North Korea, said on Monday that computer systems at its nuclear plant operator had been hacked and non-critical data stolen, but there was no risk to nuclear installations or reactors. More»
Amwal Al Ghad English - 2014-12-22 07:44:53
U.S. President Barack Obama is expected to announce on Monday that U.S. Attorney Sally Yates will be his nominee for deputy attorney general, the No. 2 position at the Justice Department, a U.S. official said. Yates, 54, currently serves as U.S. Attorney for the Northern District of Georgia where she is known as a close ally of outgoing U.S. Attorney Eric Holder's Justice Department. She is a vocal proponent of Holder's policies on lowering incarceration rates by cutting jail time for low-level drug offenders.During her time as a federal prosecutor in Georgia, Yates led several high-profile cases, including the successful prosecution of Eric Rudolph, who bombed a building in Atlanta during the 1996 Olympics. Some Republicans, including Senators Ted Cruz, Mike Lee and David Vitter, have threatened to hold up confirmation of the new attorney general, who would oversee Yates, over disagreements with Obama's new immigration policy. More»
Amwal Al Ghad English - 2014-12-22 07:11:32
New York Mayor Bill de Blasio faced the biggest crisis of his political career on Sunday after a gunman killed two police officers in an attack intended to avenge recent police killings of unarmed black men in the United States. New York police officers turned their backs on de Blasio in protest during a news conference and their union said the mayor had blood on his hands after Saturday's shooting. Police investigators have said the killings were the work of a 28-year-old black man with a long arrest record who may have had past mental troubles and who warned of his intentions on social media. The gunman's posts on Instagram indicated he had been motivated by the deaths of 18-year-old Michael Brown and Eric Garner at the hands of police officers. De Blasio was elected last year on a promise to advance civil rights after two decades of tough policing helped New York shed its reputation for violent crime. He has been sympathetic to the protesters who poured into New York's streets after a grand jury declined earlier this month to indict the officer who killed Garner in a chokehold in July as he resisted arrest. The mayor's stance has led to sometimes tense relations with the city's largest police union. Critics within the force view the mayor as not supportive enough at a time of public anger. More»
Amwal Al Ghad English - 2014-12-21 08:24:15
North Korea has said U.S. accusations that it was involved in a cyberattack on Sony Pictures were "groundless slander," and that it wanted a joint investigation into the incident with the United States. The United States stands by its assertion that North Korea was to blame, a White House National Security Council (NSC) spokesman said on Saturday, in response to the remarks. U.S. President Barack Obama had blamed North Korea for the devastating cyberattack on Sony, which had led to the Hollywood studio cancelling the imminent release of "The Interview," a comedy on the fictional assassination of North Korean leader Kim Jong Un.An unnamed spokesman of North Korea's foreign ministry said there would be serious consequences if Washington refused to agree to a joint probe and continued to accuse Pyongyang, according to the North Korean U.N. mission and its official KCNA news agency. "We propose to conduct a joint investigation with the U.S. in response to groundless slander being perpetrated by the U.S. by mobilizing public opinion," the North Korean spokesman was cited as saying by KCNA. "If the U.S. refuses to accept our proposal for a joint investigation and continues to talk about some kind of response by dragging us into the case, it must remember there will be grave consequences," the spokesman said. More»
Amwal Al Ghad English - 2014-12-21 08:15:54
A gunman ambushed and fatally shot two New York City police officers on Saturday and then killed himself, police said, and a social media post indicated it may have been in revenge for the police chokehold death of an unarmed black man. If the killings do turn out to have been motivated by the death of Eric Garner, they could inflame tension over race and law enforcement that have dogged New York City Mayor Bill de Blasio, sparked protests around the country and drawn in President Barack Obama and his attorney general, Eric Holder. The officers were killed without warning and at close range as they sat in their squad car in the Bedford-Stuyvesant section of Brooklyn, Police Commissioner William Bratton told a news conference, flanked by de Blasio."Although we're still learning the details, it's clear that this was an assassination, that these officers were shot execution style," said de Blasio. New York police have come under intense pressure in recent weeks. Protests erupted after a grand jury declined this month to charge a white police officer involved in Garner's chokehold death during an arrest attempt in July in Staten Island borough. More»