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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        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        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        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        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        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 - 2015-06-11 14:27:05
Saudi Arabia is ready to boost its oil output in the coming months to a new record to meet a rise in global demand, despite increased domestic use, a senior state oil company official said Thursday. Ahmed Al-Subaey, Saudi Aramco's [SDABO.UL] executive director for marketing, told Reuters the world's top oil exporter was already talking to prospective Indian buyers for additional oil. Saudi Arabia increased production in May to around 10.3 million barrels per day (bpd) - its highest rate on record - as a result of increased global demand. Any increase in production in a market which already faces a glut would signal that OPEC is unrelenting in its decision to maintain global market share. The strategy is seen as a major factor in the sharp decline in oil prices over the past year. "We have plenty of crude... You are not going to see any cuts from Saudi Arabia," Al-Subaey said after meeting Indian oil officials in New Delhi. Saudi Arabia has historically lowered its oil exports during the summer months when domestic demand peaks due to scorching temperatures and the need to power air conditioning. "We have enough in reserves and we have enough production to do so. We will match whatever the need is. If the market requires it, we will provide it," he added. Last Friday, the Organization of the Petroleum Exporting Countries agreed to leave its output policy unchanged for another six months. India was expected to be the main demand growth engine in the second half of this year while Chinese oil demand was stabilizing, The Aramco executive added. More»
Amwal Al Ghad English - 2015-06-11 08:25:09
The first ever face-to-face talks between rival Libyan factions, held in Berlin on Wednesday, have been positive, the U.N. special envoy to Libya said. “From all sides, all cities there is a very strong call… We want to celebrate Ramadan in peace,” Bernardino Leon said at a joint press conference with German Foreign Minister Frank-Walter Steinmeier. "The Libyans have been working together, discussing, interacting. This has not been possible before." The talks are aimed at establishing a united national government in the conflict-ravaged nation that currently has two competing administrations with their own military capacity. Representatives from the Tobruk-based House of Representatives and the General National Congress, centered in Tripoli, have been joined in the German capital by Misrata-based political groups and independent factions. Leon said a fourth draft on establishing a unity government had been received positively and described the talks as encouraging. More»
Amwal Al Ghad EN - 2015-06-11 07:19:31
An Israeli deputy minister dismissed as baseless on Thursday reports Israel may have had a connection to a computer virus that a security company said was used to hack into venues linked to international talks on Iran's nuclear program. Russia-based Kaspersky Lab said on Wednesday it found the spyware in three European hotels that hosted negotiations involving Iran and six world powers and also on the company's own computers. Both Kaspersky and U.S. security company Symantec said the virus shared some programing with previously discovered espionage software called Duqu, which security experts believe to have been developed by Israelis. Israeli government officials had declined to comment, but on Thursday Deputy Foreign Minister Tzipi Hotovely denied Israel was involved. "The international reports of Israeli involvement in the matter are baseless," she told Army Radio. More»
Amwal Al Ghad EN - 2015-06-10 07:18:17
Israel's prime minister said Tuesday that Arab leaders agree with him that an emerging nuclear deal with Iran won't stop Tehran from getting atomic weapons. Benjamin Netanyahu's remarks come as Tehran and the six world powers negotiating with Iran face a June 30 target date for a comprehensive deal on curbing Iran's nuclear program in exchange for sanctions' relief. Netanyahu told the prestigious Herzliya conference, an annual gathering that draws speakers from around the world, that he is not the only voice in the Middle East against the deal. "I am often portrayed as the nuclear party pooper," Netanyahu said. "But I speak with quite a few of our neighbors, more than you think, and I want to tell you that nobody in this region believes this deal will block Iran's path to the bomb." Most of the region does not have official ties with Israel and Netanyahu did not name the leaders he spoke with or the circumstances of the discussions. He spoke in Herzliya, in central Israel, just days after a close confidant, Dore Gold, met publicly with a Saudi Arabian general to discuss Iran. More»
Amwal Al Ghad English - 2015-06-09 08:35:39
Syrian opposition forces met in Cairo on Monday at a conference to seek a unified political solution to Syria's ongoing civil war. At the opening of the conference, titled Towards a Political Solution in Syria, Egypt's Foreign Minister Sameh Shoukry stressed the necessity of a "purely national and complete Syrian vision for a political solution." Shoukry said that Syrian politics had come to a standstill, after regional and international efforts focused on military operations unfolding in the war-torn country. The foreign minister said that a Syrian national project must be put forth to garner the support of all sections of Syrian society to stop violence and interference in Syrian affairs and implement a political solution. The conference, which is held by the Egyptian Council for Foreign Affairs, was also attended by Arab League Secretary-General Nabil El-Araby. More»
Amwal Al Ghad English - 2015-06-08 07:55:50
The United Nations plans to host on Monday in Morocco a new round of talks among Libya's warring factions in an effort to end a conflict that threatens to break up the oil producer. The internationally recognized government has had to operate out of the East of the north African oil state since an armed alliance known as Libya Dawn took over the capital Tripoli and set up its own self-declared government last year. Western officials say the U.N. talks are the only hope of forming a unity government and halting the fighting among factions allied to either government. Previous rounds have yielded little progress with the two governments and parliaments arguing for months over an agreement to form a unity government, but the U.N. said this round would be "decisive". More»
Amwal Al Ghad English - 2015-06-07 13:59:29
Saudi Arabia's Supreme Court has upheld the sentence of 1,000 lashes and 10 years of imprisonment on blogger Raif Badawi, despite a foreign outcry. Speaking from Canada, his wife Ensaf Haidar told news agency AFP, "this is a final decision that is irrevocable." In March, the kingdom expressed "surprise and dismay" at international criticism over the punishment. At the time, the foreign ministry issued a statement saying it rejected interference in its internal affairs. In 2012, Badawi was arrested and charged with "insulting Islam through electronic channels". More»
Amwal Al Ghad English - 2015-06-07 07:18:28
Israeli aircraft struck the northern Gaza Strip on Sunday in response to a rocket fired from the Hamas-controlled territory that hit southern Israel, the Israeli military said. The militant rocket landed in open ground and caused no damage or injuries, the army said. No casualties were reported in Gaza following the air strike, which struck a Hamas training facility. An Israeli army spokesman's statement said the air strike was aimed at "terror infrastructure in the Northern Gaza Strip. Hits were confirmed." Sporadic rocket fire from Gaza in recent weeks has broken a lull in cross-border violence since a 50-day Israeli war against Hamas ended with an Egyptian-brokered truce last August. More»
Amwal Al Ghad English - 2015-06-06 08:22:14
Islamic State militants have seized another town in Libya, the group and a military source said on Friday, expanding the territory they control in the strifetorn country. The militant group, which controls large parts of Iraq and Syria, has exploited a security vacuum in Libya as two rival governments struggle for power, four years after the ousting of Muammar Gaddafi. Islamic State took over the city of Sirte on Libya's central Mediterranean coast in stages this year, occupying government buildings and last month the city's airport. More»
Amwal Al Ghad EN - 2015-06-06 08:05:35
Saudi Arabia shot down a Scud missile fired into the kingdom by Yemen's dominant Houthi group and its army allies on Saturday, according to the Saudi state news agency, in a major escalation of two months of war. In the first use of a Scud in the conflict, the missile was fired early Saturday morning at the city of Khamees al-Mushait in the kingdom's southwest and was intercepted by two Patriot missiles, a statement by the Saudi-led Arab military coalition said. The area is home to the largest air force base in southern Saudi Arabia, the world's top oil exporter, but there are no oil facilities in the vicinity. An alliance of Gulf Arab nations has been bombing Yemen's dominant Houthi militia and allied army units loyal to powerful ex-President Ali Abdullah Saleh since March 26 in an attempt to restore exiled President Abd-Rabbu Mansour Hadi to power. More»