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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        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        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 - 2014-03-16 08:33:35
Police are combing through the personal, political and religious backgrounds of pilots and crew of a missing Malaysian jetliner, a senior officer said on Sunday, trying to work out why someone aboard flew the plane hundreds of miles off course. No trace of the Malaysia Airlines Boeing 777-200ER has been found since it vanished on March 8 with 239 people on board, but investigators believe it was diverted by someone who knew how to switch off its communications and tracking systems. "We are not ruling out any sort of motivation at the moment," a senior police official with knowledge of the investigation told Reuters. Satellite data revealed by Malaysia's prime minister on Saturday suggests the plane could be anywhere in either of two arcs: one stretching from northern Thailand to the border of Kazakhstan and Turkmenistan, or a southern arc heading from Indonesia to the vast southern Indian Ocean. A source familiar with official U.S. assessments said it was thought most likely the plane had headed south into the Indian Ocean, where it would presumably have run out of fuel and crashed. Air space to the north is much busier, and the plane would likely have been detected. As authorities desperately try to re-focus the multinational search, India said it was suspending operations around island chains northwest of the Malay Peninsula, at the request of Malaysian officials. More»
Amwal Al Ghad English - 2014-03-16 08:17:21
President Barack Obama's national security team discussed the Ukraine crisis in a session at the White House on Saturday after a last-ditch bid to find a diplomatic solution to the Cold War-style standoff with Russia floundered. Secretary of State John Kerry, who just returned from talks with his Russian counterpart in London, was at the White House meeting along with Defense Secretary Chuck Hagel. Obama did not attend the meeting but was being briefed about it and other developments involving Ukraine, said Laura Lucas Magnuson, a spokeswoman for the White House National Security Council. Crimea's pro-Russia parliament has scheduled a referendum on Sunday to decide whether the region should be annexed by Russia, an ominous development that Obama and his national security team have been trying to head off to no avail. Obama said on Friday he still hopes a diplomatic solution can be found but that the United States and Europe are prepared to impose "consequences" on Russia if it does not loosen its grip on Crimea. White House deliberations took on a new urgency as Ukraine's military scrambled aircraft and paratroops to confront Russian troops landing on a remote spit of land between Crimea and the mainland. The Russian move prompted some members of the U.S. Congress to express alarm. "Russia using provocateurs to provoke violence attacks inside Ukraine to create excuse for invasion of Eastern Ukraine," Republican Florida Senator Marco Rubio said in a Tweet. Representative Mike Turner, an Ohio Republican who chairs the U.S. delegation to the NATO Parliamentary Assembly, said the fresh Russian move was a deliberate violation of Ukraine's sovereignty and "clearly shows that Russia is an aggressor state." Kerry held talks with Russian Foreign Minister Sergei Lavrov in London on Friday but they reached no breakthrough in the worst East-West dispute in decades. A senior U.S. official, speaking on condition of anonymity, said Kerry presented Lavrov with a number of concrete proposals to defuse tensions and address concerns by Moscow over security and protection of minorities within a united Ukraine. The talks hit a wall early on when it became clear that Lavrov was not authorized by the Kremlin to discuss any proposal that might impact Crimea before the referendum, the official said. Washington has said it will be ready to move on Monday to impose visa bans and asset freezes, involving Ukrainian and Russian officials, if the referendum goes ahead and it leads to the annexation of Crimea. The European Union and other Western powers have said they will match U.S. sanctions. Vice President Joe Biden leaves on Monday on a visit to NATO allies Poland and Lithuania to show support for key partners in the region. In Vilnius he will meet the presidents of all three Baltic nations, Lithuania, Estonia and Latvia. More»
Amwal Al Ghad English - 2014-03-16 08:11:50
Pro-Russian leaders in Crimea made final preparations on Saturday for a referendum widely expected to transfer control of the Black Sea region from Ukraine to Moscow, despite an outcry and threat of sanctions from the West. Russia vetoed a U.N. Security Council resolution that declared the referendum invalid, as Ukraine's defense ministry scrambled aircraft and paratroopers to confront what it said was a Russian encroachment just beyond Crimea's formal regional boundary. Ukraine's new rulers accused "Kremlin agents" of fomenting violence in the Russian-speaking east of the country. They urged people not to respond to provocations that Kiev fears Moscow may use to justify further incursions after its takeover of Crimea. Russia issued a new statement saying it was ready to protect Ukrainians from nationalist militants who it said were threatening eastern cities. Sunday's vote in Crimea, dismissed as illegal by Kiev and Western governments, has triggered the worst East-West crisis since the Cold War. It also marks a new peak in turmoil in Ukraine that goes back to November, when the now-ousted president, Viktor Yanukovich, walked away from a trade deal with the European Union. "This annexation ... goes beyond Ukraine. It concerns us all," France's U.N. ambassador said after the Security Council vote. U.S. President Barack Obama is sending Vice President Joe Biden with a message of reassurance to Poland, a former Soviet bloc state, and the Baltic states, which until 1991 were ruled by Moscow. Putin's spokesman Dmitry Peskov insisted there should be no new Cold War in an age of globalization and economic interdependence: "We hope with all our heart that both we and our partners have enough political wisdom and sense of political realism to avoid sliding into an even deeper confrontation." A U.S. guided-missile destroyer is extending exercises in the Black Sea. Along with NATO air patrols on Ukraine's western border, such maneuvers aim to send signals of resolve. EASTERN TENSIONS Though the situation was calm in Crimea ahead of the vote, tensions remained high in eastern Ukraine, where two people were killed in Kharkiv late on Friday. Crimean Prime Minister Sergei Aksyonov, whose election in a closed session of the regional parliament is not recognized by Kiev, said there were enough security personnel to ensure the poll would be safe. "I think we have enough people - more than 10,000 in the self-defense forces, more than 5,000 in different units of the Interior Ministry and the security services of the Crimean Republic," he told reporters. In Kiev, the Ukrainian parliament voted to dissolve Crimea's regional assembly, which has organized the referendum and backs union with Russia. But the move was symbolic, as Kiev has lost both political and military control of the peninsula. On Kiev's Independence Square or Maidan - heart of the revolt against the Moscow-backed Yanukovich - hundreds of people chanted "Crimea is Ukraine! Crimeans, we support you!" Aksyonov and Moscow do not officially acknowledge that Russian troops have taken control of Crimea. They say that thousands of unidentified armed men, visible across the region, belong to "self-defense" groups created to ensure stability. But the Russian military has done little to hide the arrival of thousands of soldiers, along with trucks, armored vehicles and artillery. Masked gunmen surrounding Ukrainian military bases in Crimea have identified themselves as Russian troops. Ukraine's military said it confronted Russian forces which crossed Crimea's regional border on a remote sand spit, some 30 km (20 miles) off the mainland. Crimea's separatist government said these were its own 'self-defense forces', which had moved to defend a gas pumping station. Ukrainian officials said no shots were exchanged. "REAL DANGER" OF INVASION Moscow leases the Crimean port of Sevastopol from Kiev to station its Black Sea Fleet. Under the deal it can station up to 25,000 troops there but their movements are restricted onshore. Polling stations will open at 8 a.m. (0600 GMT) on Sunday and close 12 hours later. Preliminary results are expected within hours of polls closing on Sunday night. Crimea's electorate of 1.5 million will choose between two options - but both imply Russian control of the peninsula. Many of the ethnic Russians who form the majority on the peninsula seem likely to back the first choice on the ballot, union with Russia, if only for economic reasons. A second option is independence, initially within Ukraine, that Crimea's new leaders say they will use as a basis for accepting Russian rule. Ethnic Tatars - Sunni Muslims of Turkic origin who make up 12 percent of Crimea's population - have said they will boycott the referendum, despite promises by the authorities to give them financial aid and proper land rights. Acting Ukrainian president Oleksander Turchinov referred to three deaths in two days in two eastern cities - Donetsk and Kharkiv - and said there was "a real danger" of invasion by Russian troops across Ukraine's eastern border. Both cities have large numbers of Russian-speakers - significant since Russian President Vladimir Putin has vowed to protect ethnic Russians and Russian-speakers in Ukraine. His foreign ministry said on Saturday it would consider requests from people in Ukraine for protection - similar language to that used to justify Moscow's move in Crimea. Addressing members of Yanukovich's party, Turchinov said: "You know as well as we do who is organizing mass protests in eastern Ukraine - it is Kremlin agents who are organizing and funding them, who are causing people to be murdered." Two men, described by police as pro-Russian demonstrators, were shot dead in a fight in Kharkiv late on Friday. A Ukrainian nationalist was stabbed to death when pro-Russia and pro-Ukraine demonstrators clashed in Donetsk on Thursday. Turchinov told parliament: "There is a real danger from threats of invasion of Ukrainian territory." DEFENDING "COMPATRIOTS" Russia has refused to recognize the new Western-backed interim administration in Kiev. Its foreign ministry unnerved the new authorities in Kiev by saying clashes in Donetsk showed Ukrainians had lost control of the situation there. Ukraine's interior minister accused ousted president Yanukovich of promoting unrest with "extremist Russian forces". Arsen Avakov issued an appeal on Facebook: "Don't let them manipulate you! ... This isn't a game of toy soldiers." Two men, aged 21 and 30, were killed in Kharkiv by buckshot late on Friday when pro-Russian demonstrators besieged an office of the far-right Ukrainian nationalist group Right Sector, which rose to prominence fighting riot police in Kiev over the winter. Police said 32 Right Sector activists and six pro-Russian demonstrators were detained and a number of weapons seized. Kharkiv governor Ihor Baluta, newly appointed by the interim authorities in Kiev, called the incident a "well-planned provocation by pro-Russian activists". The Russian Foreign Ministry said it had information that armed Right Sector militants were opening an "eastern front" and planning to reinforce their activists in eastern cities. Western powers, preparing economic sanctions against Russia over Crimea, largely dismiss Russia's characterization of the new authorities in Kiev as the successors of Nazi-allied Ukrainian forces which fought the Red Army in World War Two. Authorities in Kharkiv banned political gatherings that were planned in the city over the weekend. In Donetsk, hundreds of people rallied in Lenin Square, flying Russian flags and calling for a referendum in the region similar to that in Crimea. In Moscow, a large crowd estimated by witnesses at some 30,000 demonstrated against Russia's action in Ukraine, in the biggest protest against Putin in two years - a sign his moves against Ukrainian leaders brought to power by street protests might be a rallying point for the jaded Russian opposition. More»
Amwal Al Ghad English - 2014-03-15 08:50:17
Dozens of Russians linked to Russia's gradual takeover of Crimea could face U.S. and EU travel bans and asset freezes on Monday, after six hours of crisis talks between Washington and Moscow ended with both sides still far apart. Moscow shipped more troops and armor into Crimea on Friday and repeated its threat to invade other parts of Ukraine in response to violence in Donetsk on Thursday night despite Western demands to pull back. EU diplomats will choose from a long list of 120-130 possible Russian targets for sanctions on Sunday, as pro-Moscow authorities who have taken power in Crimea hold a vote to join Russia in the worst East-West confrontation since the Cold War. Several diplomats dismissed a German newspaper report that said the list would include the heads of Russia's two biggest companies, energy giants Gazprom and Rosneft. U.S. Secretary of State John Kerry said Russia would be guilty of a backdoor annexation of Crimea if its parliament ratified the Crimea referendum, which is taking place after an armed takeover of Crimea and gives voters no chance to say "no". More»
Amwal Al Ghad English - 2014-03-15 08:48:06
The Republican-run U.S. House of Representatives on Friday approved a bipartisan deal to spare doctors from a looming Medicare pay cut but included a provision to undermine Obamacare, which critics said was a non-starter in the Democratic-controlled Senate. The vote was 238-181, with most House Democrats refusing to swallow what they called an Obamacare "poison pill," a provision to delay for five years the tax penalty that most Americans must pay under President Barack Obama's healthcare law if they decline to sign up for insurance. Just a dozen Democrats, some of whom face tough re-election races in November, voted with Republicans to pass the bill, which the White House has threatened to veto. Hundreds of thousands of doctors who participate in traditional Medicare face a 24 percent pay cut on April 1, a situation dating to a 1990s initiative to restrain federal spending on the government healthcare program, which today serves nearly 50 million elderly and disabled people. Doctors hoped to see a permanent fix to the recurring Medicare payments problem this year after Republicans and Democrats in both chambers of Congress agreed in February on a policy to replace the payment formula, known as the sustainable growth rate, or SGR. But there was no agreement on how to fund the $138 billion cost of the "doc fix" over the next decade. So House Republicans proposed to pay it by delaying the penalty for the individual mandate to buy insurance under the Affordable Care Act, also known as Obamacare. More»
Amwal Al Ghad English - 2014-03-15 08:42:55
South Korean President Park Geun-hye expressed relief on Saturday over remarks by Japanese Prime Minister Shinzo Abe that his government would adhere to apologies for wartime behavior made by past cabinets, in 1993 and 1995. Ties with South Korea and China, already strained after Abe's visit last December to the Yasukuni shrine, have deteriorated further, with Japanese nationalist politicians urging Abe's cabinet to rescind the apologies. The apologies were issued by then chief cabinet secretary Yohei Kono in 1993 and then premier Tomiichi Murayama in 1995. "It is a relief that Prime Minister Abe announced his government will uphold the Murayama statement and the Kono statement," President Park was quoted as saying by Blue House spokesman Min Kyung-wook. "President Park also expressed hopes that this becomes an opportunity in which we can alleviate the pain of the 'comfort women' victims and solidify the bilateral relationship of South Korea and Japan as well as that of Northeast Asia," Min added at a briefing on Saturday. The first apology recognized the involvement of Japanese authorities in coercing women to work in military brothels and the next concerned suffering caused by the war and the colonial rule imposed on neighbors, including South Korea and China. Amid mounting tension with neighbors and growing pressure by the United States, Abe told a parliamentary panel on Friday that his cabinet had no intention of reviewing the statements made by his predecessors.Under pressure to improve ties with Seoul ahead of an April visit by U.S. President Barack Obama, Tokyo has been trying to arrange a meeting of Abe, Park and Obama on the sidelines of a global nuclear-security summit in the Netherlands at the end of March. More»
Amwal Al Ghad English - 2014-03-13 08:16:31
Two New York City apartment buildings collapsed on Wednesday in an explosion apparently caused by a gas leak, killing at least four people, injuring more than 30 others and setting off a search for several more victims feared trapped in the rubble, officials said. The blast, which scattered debris across nearby rooftops, brought down the adjoining five-story buildings, with a total of 15 apartments, at about 9:30 a.m. on a largely residential Upper Manhattan block at East 116th Street and Park Avenue. Clouds of thick smoke billowed from the rubble of the apartment houses that had sat above a ground-level church and a piano store in a largely Latino working-class neighborhood. Pockets of fire and heat smoldered inside the mounds of debris for many hours after the blasts, complicating search-and-rescue operations that continued under flood lights through the night, city Fire Department spokesman Michael Parrella said. He said city officials estimated that nine people were still missing as of midnight, though a city police spokesman put the number of apartment residents who remained unaccounted for at about five. More»
Amwal Al Ghad English - 2014-03-13 08:16:24
Just days before a referendum in Crimea to decide if it should become part of Russia, President Barack Obama and Ukraine's prime minister outlined a potential diplomatic opening on Wednesday that could give Russians a greater voice in the disputed region. The United States and its European allies are trying to head off the referendum that Crimea's pro-Russian parliament is to stage in the southern region of Ukraine. Ukrainian Prime Minister Arseny Yatseniuk told an Atlantic Council forum in Washington that his interim government was ready to have a dialogue and negotiations with Russia about Moscow's concerns for the rights of ethnic Russians in Crimea, which has already been seized by the Russian military. Asked what a political solution would look like, Yatseniuk said: "If it is about Crimea, we as the Ukrainian government are willing to start a nationwide dialogue (about) how to increase the rights of autonomous republic of Crimea, starting with taxes and ending with other aspects like language issues." "We are ready to start this dialogue - but a constitutional one, in the Ukrainian parliament, having everyone sitting at the table, discussing every single issue and making each step in the constitutional manner," he said. More»
Amwal Al Ghad English - 2014-03-13 08:12:54
The White House tried to mediate between the CIA and the Senate panel that oversees it after both sides alleged they were spied on by the other over a Bush-era interrogation program, a source familiar with the discussion told Reuters on Wednesday. The involvement of the White House's most senior lawyer indicates President Barack Obama's interest in ending the increasingly bitter dispute between the Central Intelligence Agency and the Senate Intelligence Committee. White House Counsel Kathryn Ruemmler has attempted to "de-escalate" the tension, the source said. The fight burst into the open on Monday when the committee chair Democratic Senator Dianne Feinstein said the CIA had possibly broken the law by spying on Congress. CIA Director John Brennan denied that the spy agency had engaged in such activities, saying "Nothing could be further from the truth." In a Senate floor speech, Feinstein accused the agency of searching computers used by committee staffers examining CIA documents when they were researching counter-terrorism operations and the use of harsh interrogation methods such as simulated drowning or waterboarding. The issue has escalated into a major fight over the interrogation program, which President Barack Obama halted shortly after taking office in 2009, and over the powers of the executive and legislative branches. More»
Amwal Al Ghad English - 2014-03-13 08:11:56
Chinese Premier Li Keqiang signalled on Thursday that his government will not ride to the rescue of every troubled investment by saying some loan defaults are "hard to avoid" in what he called a challenging economic environment. But Li, speaking at a news conference on the final day of China's yearly parliament, hinted at some tolerance for slower economic expansion this year in order to push reforms aimed at providing longer-term and more sustainable growth. "We are reluctant to see defaults of financial products, but some cases are hard to avoid," Li said at the carefully orchestrated conference where media questions were vetted in advance. "We must enhance oversight and solve problems in a timely way to ensure no systemic and regional risks." While acknowledging the economy faced difficulties, Li said those who are overly pessimistic about the country's prospects have always been wrong in the past, including those who had previously predicted a hard-landing. More»