amwalalghad :: MENA News

Your English Portal To Arab Economy

Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        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        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        National Real Estate Bank for    11.84        Egyptian Chemical Industries (   7.26        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        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 - MENA News

Amwal Al Ghad English - 2016-02-08 09:34:02
One of Iraq's most powerful Iranian-backed Shia militias Sunday warned that Arab forces sent to Syria or Iraq would "open the gates of hell", in comments clearly aimed at Sunni Arab countries that have said they might join such an operation. "The Arab kingdoms tried Daesh mercenaries to implement their malicious plans in Iraq and Syria, and they failed," a statement from Kataib Hezbollah said, using an Arabic acronym for Islamic State (ISIS) group. It called on "the sons of Saud and those rulers who stand behind them not to take a risk and to learn (their) lesson," referring to the Saudi ruling family. More»
Amwal Al Ghad English - 2016-02-08 09:08:16
The United States and its allies targeted Islamic State (ISIS) group militants with 10 strikes in Iraq on Saturday and seven strikes in Syria, the US military said Sunday. In Iraq, there were three strikes apiece near Mosul and Ramadi to destroy ISIS fighting positions and weapons caches. Near Sinjar, two strikes struck two separate tactical units. There were also single strikes near Kirkuk and Qayyarah. More»
Amwal Al Ghad English - 2016-02-08 08:56:58
The UAE said on Sunday it backs sending ground troops as part of an international coalition to fight against Daesh, a top official said yesterday. “Our position throughout has been that a real campaign against Daesh has to include genuine political process [in Iraq] and a ground force,” Dr Anwar Mohammad Gargash, Minister of State for Foreign Affairs, said at a news conference in Abu Dhabi. Dr Gargash ruled out the possibility of sending large number of troops. “We are not talking about thousands of troops. We are talking of troops to lead the operation. And we are talking of troops to train.” Dr Gargash added that “American leadership on this” would be a prerequisite for the US allies in the fight against Daesh. Saudi Arabia has offered for the first time to send ground troops to Syria to fight Daesh, the kingdom’s defence ministry said on Thursday. More»
Amwal AL Ghad English - 2016-02-08 08:45:26
United Arab of Emirates is to hold Monday  World Government Summit 2016 under the theme Shaping Future Governments. The summit will take place on 8-10 February 2016 at Madinat Jumeirah Hotel, during which the  “Best Minister in the World” will be chosen . Each year government officials, thought leaders, thinkers, policy makers and private sector leaders meet to discuss the best ways to develop the future of government, based on the latest developments and future trends in government.As speakers, Sheikh Mohammed bin Rashid Al Maktoum - UAE Vice President, Prime Minister and Ruler of Dubai-, US President Barack Obama, Paul Kagama -president of Republic of Rwanda-, and President of the World Bank Group Jim Yong Kim will participate in the summit According to Mohammed Al Gergawi, Minister of Cabinet Affairs and chairman of the summit’s organising committee, 10 ministers from around the world had been placed on a shortlist for final assessment. “The aim of this award is to recognise innovation in global government work and highlight ministerial initiatives that have resulted in positive changes in their communities,” Mr Al Gergawi said. “Our world today needs ministers to serve as role models of thought and action, which bring about progress and welfare and improve general societal well-being.” He said honouring ministers also promoted best practices and would inspire other government leaders to implement their own successful projects. “One of the criteria is for the project or initiative to be transferable – something that can be successfully replicated in other countries,” he said. UAE ministers have been excluded from the first award. But it will be an annual fixture on the World Government Summit’s agenda and is being launched in collaboration with Thomson Reuters. More»
Amwal Al Ghad English - 2016-02-06 12:01:13
The head of Iran's elite Revolutionary Guard said Saturday Saudi Arabia lacked the courage to go through with a plan to send ground troops to Syria, and warned they would be wiped out if they went in. Mohammad Ali Jafari's blunt words on the Fars news agency were Iran's first official reaction to a statement from its regional rival Saudi Arabia this week that it was ready to join ground operations in Syria if a US-led military alliance decided to start them. More»
Amwal Al Ghad English - 2016-02-06 10:06:17
Bahrain is ready to commit ground troops to Syria as part of a US-led coalition against Islamic State group, the Gulf island state said on Friday, a day after its larger neighbour and close ally Saudi Arabia announced a similar pledge. Bahraini ambassador to Britain Sheikh Fawaz bin Mohammed al-Khalifa said in a statement that Bahrain would commit troops to operate "in concert with the Saudis" under what he called a unified military command of Gulf Arab States. He added that the United Arab Emirates, a fellow member of the Saudi-dominated Gulf Cooperation Council (GCC), was also ready to commit troops, echoing an assertion made late last year by UAE Minister of State for Foreign Affairs Anwar Gargash. More»
Amwal Al Ghad English - 2016-02-04 10:17:58
A United Nations envoy has halted his attempts to conduct Syrian peace talks Wednesday after the army, backed by Russian air strikes, advanced against rebel forces north of Aleppo, choking opposition supply lines from Turkey to the city. Another senior U.N. official said the Russian escalation was the main reason for the suspension of the peace talks, which have made little progress since beginning earlier this week. Staffan de Mistura announced a three-week pause in the Geneva talks, the first attempt to negotiate an end to Syria's war in two years, saying they needed immediate help from the rival sides' international backers, principally the United States and Russia. "I have indicated from the first day that I won't talk for the sake of talking," the envoy, who has described the negotiations as Syria's last hope, told reporters. A senior U.N. official told Reuters on condition of anonymity that De Mistura halted the talks after Russia's military escalation undermined the negotiating process. "I think the special envoy decided to suspend the talks because the (United Nations) did not want to be associated with the Russian escalation in Syria, which risks undermining the talks completely," the official said. "The stepped up air strikes gain the government ground, but also aim at humiliating the opposition on the ground and in Geneva," he added. Washington and Moscow's support for opposite sides in the five-year-old war, which has drawn in regional states, created millions of refugees and enabled the rise of Islamic State, means a local conflict has become an increasingly fraught global standoff. De Mistura has said a ceasefire is essential but Russia refused to suspend its air strikes. They helped government forces end a three-and-a-half year siege of the Shi’ite towns of Nubul and al-Zahraa on Wednesday, a step towards recapturing all of Aleppo, Syria's biggest city before the war. "I don't see why these air strikes should be stopped," Russian Foreign Minister Sergei Lavrov said, saying they were targeting al Qaeda-linked rebels. Opposition delegation co-ordinator Riad Hijab said there would be no ceasefire until a transition without President Bashar al-Assad was in place. Moscow accuses Washington, which is backing opponents of Assad, of supporting terrorists, while the U.S. State Department said the air strikes around Aleppo focused mainly on Assad's foes rather than the Islamic State militants Russia says it is trying to defeat. In a statement on Wednesday, U.S. Secretary of State John Kerry called on the Syrian government and its supporters to halt bombardment of opposition-held areas, especially in Aleppo, and end sieges of civilians in accordance with a U.N. Security Council resolution. "It is past time for them to meet existing obligations and restore the international community's confidence in their intentions of supporting a peaceful resolution to the Syrian crisis," Kerry added. The United Nations said it had been told hundreds of families had been uprooted following "an unprecedented frequency" of air strikes in the past two days. Three aid workers were among the dead. Its envoy had formally opened the peace talks on Friday but both sides denied they had ever begun. Aleppo rebel factions, reeling from the assault, told the opposition delegation late on Tuesday they would bring down the negotiations within three days unless the offensive ended, a source close to the talks said. De Mistura halted the talks until Feb. 25 at the latest after meeting the opposition. "I have concluded frankly that after the first week of preparatory talks there is more work to be done, not only by us but by the stakeholders," de Mistura said. French Foreign Minister Fabius Laurent Fabius said his government supported De Mistura's decision and he accused Assad and his allies of "torpedoing" the peace effort. The opposition's Hijab said the pause gave the West a chance to put pressure on the Assad government and Russia to end their assault and that he would not return until there was a change on the ground. NO END TO RUSSIAN STRIKES Government delegation chief Bashar al-Ja'afari accused the opposition of pulling out of the talks because it was losing the fight. Developments on the ground were crucial," he said, accusing de Mistura of providing them with political cover. "Those who have the responsibility of this failure are the Saudis, Turks and Qataris. They are the real handlers and masters of the Riyadh group." Aleppo, 50 km (30 miles) south of the Turkish border, was Syria's most populous city before the country's descent into civil war. It has been partitioned into zones of government and insurgent control since 2012. If the government regains control, it would be a big blow to insurgents' hopes of toppling Assad after a war that has divided Syria between western areas still governed from Damascus and the rest of the country run by a patchwork of rebels. The Levant Front rebel group said the breaking of the sieges of the Aleppo villages of Nubul and Zahraa came only after more than 500 raids by Russian airplanes. One commander said opposition-held areas of the divided city were at risk of being encircled entirely by the government and allied militia, and appealed to foreign states that back the rebels to send more weapons. Diplomats and opposition members said they were taken by surprise when de Mistura called for immediate efforts to begin ceasefire negotiations despite there being no official talks or goodwill measures from the Syrian government. The opposition has said it will not negotiate unless the government stops bombarding civilian areas, lifts blockades on besieged towns and releases detainees. The Syrian Observatory for Human Rights, which monitors the war, said Russian and Syrian warplanes launched dozens of strikes on the rebel towns of Hayan and Hreitan in northern Aleppo on Wednesday. "Less than 3 km separate the regime from cutting all routes to opposition-held Aleppo," Observatory director Rami Abdulrahman said. "It did in three days what it failed to do in 3-1/2 years." More»
Amwal Al Ghad English - 2016-02-03 09:24:43
Syrian rebel group Jaish al-Islam denied Tuesday a Russian defence ministry report that its jets had destroyed a stash of oil products belonging to them in areas they control in the eastern suburbs of the Syrian capital. The group, which is the most powerful rebel faction in the rural eastern suburban area of Damascus, has been a target of heavy Russian bombing since Moscow begin a major military campaign four months ago. More»
Amwal Al Ghad English - 2016-02-03 09:19:14
U.S. President Barack Obama is telling British Prime Minister David Cameron that the US would soon announce "significant new contributions" to assist Syria's humanitarian crisis. Obama and Cameron spoke by phone about Syria on Tuesday ahead of a conference of donor nations in London later this week. The White House says Obama told Cameron that Secretary of State John Kerry would announce the aid at the summit. More»
Amwal Al Ghad English - 2016-02-03 09:09:54
Britain does not intend to deploy combat troops in Libya but will instead seek to give strategic and intelligence support to its new government, Foreign Secretary Philip Hammond said on Tuesday. Islamic State group forces have attacked Libya's oil infrastructure and established a foothold in the city of Sirte, exploiting a prolonged power vacuum in a country where two rival governments have been battling for supremacy. More»