amwalalghad :: International News

Your English Portal To Arab Economy

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 - 2016-06-05 08:38:07
The rain-swollen River Seine in Paris began to recede on Saturday after reaching its highest level in three decades, easing fears after floods sent the Louvre and other riverside museums scrambling to protect their treasures. From a peak of 6.10 metres (20 feet) in the early hours of Saturday, the river began to subside, falling to 5.99 metres at 5pm (1500 GMT), the environment ministry's Vigicrues flood watch website said. The record for the Seine is 8.62 metres, reached in 1910. "We're now in the stabilisation phase,"said Bruno Janet, Vigicrues' head of modelling. More»
Amwal Al Ghad English - 2016-06-05 08:18:48
Hillary Clinton has scored a sweeping win in the U.S. Virgin Islands, picking up all seven pledged delegates at stake as she inched closer to the Democratic nomination. She is now just 60 delegates short of the 2,383 needed to advance to the November election. The party said Clinton won 84.2 percent of the vote, while Bernie Sanders earned 12.2 percent. It was the biggest margin of victory for a Democratic candidate in the Virgin Islands caucus since 2008, when Barack Obama beat Clinton 90 percent to 8 percent. More»
Amwal Al Ghad English - 2016-06-04 10:54:01
Hillary Clinton launched stinging criticism of Donald Trump on Friday, even suggesting her likely Republican presidential opponent wants to be America's "dictator," as she proclaimed she will be the Democratic flag bearer once California votes next week. President Barack Obama lent his voice to the denunciation, saying Trump's aggressive posture towards immigrants, Muslims and women is "feeding resentments" among Americans and urging them to seek out scapegoats for their frustrations and problems. Amid increasingly brazen attacks on both sides, Clinton and Trump are emerging as the two rivals who will do battle in the general election. Trump is already the presumptive Republican nominee, while Clinton has begun talking as if she is the Democratic flag bearer. "We need everybody to show up on June 7," she told a few hundred supporters at a college in Culver City, California. "If all goes well, I will have the great honor as of Tuesday to be the Democratic nominee for president," she said to loud cheers. Democrats in six states vote Tuesday, including California and New Jersey. Clinton is already on the cusp of securing enough delegates to defeat Senator Bernie Sanders for the nomination and she is certain to surpass the threshold on June 7. Sanders has been barnstorming California, hoping for a miracle in which he wins the remaining contests and many so-called super-delegates, senior party figures who can vote at the party convention for whomever they choose, switch alliances and support him. But Clinton barely mentioned Sanders's name, opting instead for a full-on assault on Trump during her four stops Friday, in Culver City, Westminster, Santa Ana and San Bernardino. "Donald Trump is not qualified to be president and commander in chief," she said. Clinton added that she was appalled at the tenor of the political discourse, suggesting Trump was straying from democratic principles. "We are trying to elect a president, not a dictator," she said in San Bernardino. More»
Amwal Al Ghad English - 2016-06-04 09:30:53
Japan will help Southeast Asian nations build their security capabilities to deal with unilateral, dangerous and coercive actions in the South China Sea, Japan's defense minister said on Saturday, in pointed remarks directed at Beijing. "In the South China Sea we have been witnessing large-scale and rapid land reclamation, building of outposts and utilization of them for military purposes," Japanese Minister of Defence Gen Nakatani said during a speech at a regional security conference in Singapore on Saturday, without mentioning China directly. "No countries can be an outsider of this issue," he added. Tokyo is worried that Chinese control of a waterway through which some $5 trillion of global trade passes a year would threaten Japan's national security and take Beijing one step closer to extending its influence into the East China Sea and Western Pacific. China claims most of the South China Sea, a resource-rich region scattered with hundreds of reefs and small islands, and says it is entitled to build "defensive facilities" on its territory. To help the Philippines and other Southeast Asian nations deal with China's expansion, Japan is helping them improve surveillance capabilities, conducting joint training exercises and cooperating in developing new equipment, Nakatani said. "I think it is important to improve regional countries' capabilities by...combining joint training, capacity building assistance and defense equipment and technology cooperation," Nakatani said at the Shangri-La Dialogue (SLD) gathering. In May, Japan announced its first ever direct overseas military aid with a provisional agreement to lease five TC-90 King Air planes to the Philippines to be used as patrol planes. Manila also wants used Japanese Lockheed Martin P3-C patrol planes to track Chinese submarines near its waters. Japan, emerging from a decades-long period of pacifism, is seeking closer military ties with Vietnam, Indonesia and other nations surrounding the South China Sea. Nakatani also described China's recent air interception of a U.S. military reconnaissance plane as "extremely dangerous," and reiterated Japan's support for Washington's challenges to China's territorial claims in the South China Sea by sending naval vessels close to reclaimed islands being built by Beijing. The U.S. last month said two Chinese J-11 fighter jets flew within 50 feet (15 meters) of the U.S. EP-3 aircraft east of Hainan island. Nakatani called on all South China Sea claimants to submit to what is expected to be landmark legal ruling by the Permanent Court of Arbitration in the Hague where the Philippines is challenging Beijing's claim to territory stretching deep into the maritime heart of Southeast Asia. "Every judgment or decision made by related courts must be fully observed by all claimants in accordance with relevant international law," the Japanese minister said. China has argued the court does not have jurisdiction in the dispute and says it will not abide by any ruling. More»
Amwal Al Ghad English - 2016-06-04 09:17:58
Iran's supreme leader Ayatollah Ali Khamenei lashed out Friday at the United States, Britain and Israel as the Islamic republic's "main enemies", accusing Washington of procrastinating over Tehran's landmark nuclear deal. "It's the US, the evil Britain, and the damned and cancerous Zionist regime. These are the main enemies," Khamenei said in a televised speech marking the 27th anniversary of the death of his revolutionary predecessor Ayatollah Ruhollah Khomeini. The supreme leader mentioned the nuclear deal with world powers that came into force in January, and accused Washington of breaking its promises. "We sat down and negotiated with the P5+1 group and even separately with the Americans over the nuclear issue," he said during a televised speech to thousands gathered at Khomeini's extravagant mausoleum in southern Tehran. "The other side, the Americans, made some commitments. The Islamic republic completed its commitments but the other unfaithful side is procrastinating." More»
Amwal Al Ghad English - 2016-06-02 14:02:22
The German Parliament overwhelmingly voted Thursday to label the killings of Armenians by Ottoman Turks a century ago as genocide, prompting Turkey to recall its ambassador to Germany. The motion, which was put forward by Chancellor Angela Merkel's governing coalition of right and left and the opposition Greens, passed with support from all the parties in Parliament. In a show of hands, there was one abstention and one vote against. The vote heightened tensions between Germany and Turkey at a time when Ankara is playing a key role in stemming the flow of migrants to Europe. More»
Amwal Al Ghad English - 2016-06-02 11:12:06
The German Parliament has approved a motion labeling the killings of Armenians by Ottoman Turks a century ago as genocide. It's a decision that Turkey's prime minister said would "test" relations between the two countries at a sensitive time. The resolution passed Thursday with support from all the parties in Parliament. It was put forward by Chancellor Angela Merkel's conservative bloc, their partners in the government, the Social Democrats, and the opposition Greens. More»
Amwal Al Ghad English - 2016-06-01 09:50:43
The world’s economy is ensnared in weak growth and vulnerable to falling into another deep downturn unless governments take urgent action, the Organization for Economic Cooperation and Development stated on Wednesday. Releasing its semiannual economic outlook, the Paris-based organization amplified its call for governments to stimulate their economies by expanding investment and implementing policies that fuel competition, increase labor mobility and strengthen financial stability. “The need is urgent,” OECD chief economist Catherine Mann said. “The longer the global economy remains in the low-growth trap, the more difficult it will be to break the negative feedback loops,” she added. The OECD said global economic forecasts have fallen by around 0.3 percentage points in six months. The organization lowered its growth forecast for the combined economy of the 34 OECD countries to 1.8% this year and 2.1% in 2017 from 2.2% and 2.3% respectively in November. The OECD singled out the possibility of the U.K. voting to leave the EU in the June 23 referendum as a “major downside risk” that could have substantial consequences for the country, the EU, and the rest of the world. If the U.K. voted to exit the EU, it would hurt economic growth and send shocks through global financial markets, the OECD said. More»
Amwal Al Ghad English - 2016-06-01 09:22:58
The US has warned that the Euro 2016 football championship being held in France next month could be a target of militant attacks. "The large number of tourists visiting Europe in the summer months will present greater targets for terrorists," the State Department said. The event is being hosted from 10 June to 10 July at various venues. France is already under a state of emergency following last year's Islamist-claimed attacks in Paris. The near-simultaneous assaults on a stadium, concert hall, bars and restaurants left 130 people dead and many more wounded. More»
Amwal Al Ghad English - 2016-06-01 08:18:10
Japanese Prime Minister Shinzo Abe told lawmakers on Wednesday that he has decided to delay a scheduled sales tax hike by two-and-a-half years, putting his plans for fiscal reforms on the back burner amid more weakness in the economy. The widely-anticipated delay will be welcomed by a majority of voters, who will cast ballots in an upper house election in July. But it is fanning doubts about Abe's plans to curb Japan's huge public debt and fund ballooning social welfare costs of a fast-ageing population. The premier will hold a news conference at 1800 JST/0900 GMT later in the day to explain his decision to the public. "I want to fullfill my responsibility by accelerating Abenomics more and more," Abe told a gathering of his ruling Liberal Democratic Party (LDP) on Wednesday. "I have decided to delay the sales tax hike to 10 percent by two and half years." It would be the second time that Abe has delayed the increase in the sales tax to 10 percent from 8 percent, after a rise from 5 percent in April 2014 tipped the economy back into recession. Abe took office in December 2012 pledging to beat deflation and reboot the moribund economy with his "Abenomics" revival recipe, but has made little headway amid stubbornly weak domestic and export demand. "From an economic standpoint, the market is likely to view the delay as a positive surprise for domestic demand," said Lee Jin Yang, macro research analyst for Aberdeen Asset Management in Singapore. Abe, whose term as LDP president and hence, premier, ends in September 2018 unless the LDP changes its rules, had repeatedly said he would implement the tax rise as planned unless the economy faced a shock from a financial crisis or natural disaster. More»