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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 - 2014-09-11 09:14:40
President Barack Obama told Americans on Wednesday he had authorized U.S. airstrikes for the first time in Syria and more attacks in Iraq in a broad escalation of a campaign against the Islamic State militant group. Obama's decision to launch attacks inside Syria, which is embroiled in a three-year civil war, marked a turnabout for the president, who shied away a year ago from airstrikes to punish Syrian President Bashar al-Assad for using chemical weapons against his own people. In a widely anticipated, 13-minute White House speech, Obama said he would hunt down Islamic State militants "wherever they are" in a drive to degrade and ultimately destroy the group, which has seized broad stretches of Iraq and Syria. "That means I will not hesitate to take action against ISIL in Syria, as well as Iraq. This is a core principle of my presidency: if you threaten America, you will find no safe haven," he said, speaking on the eve of the 13th anniversary of the Sept. 11, 2001, attacks. Obama asked Congress to authorize $500 million to train and arm “moderate” Syrian rebels. The training would take place in Saudi Arabia. It is unclear whether more American weapons and training can shift the battlefield balance toward the U.S.-backed rebels, who are badly outgunned by Islamic State, other militant groups and Assad's forces. A vote on the money would put lawmakers on record supporting the military action, although White House officials stressed Obama already had the authority he needed for the new moves. Obama plans to expand the list of targets inside Iraq beyond several isolated areas. The U.S. military has launched more than 150 airstrikes in Iraq in the past month to help halt Islamic State advances. The new target list will include Islamic State's "leadership, logistical and operational capability," as well as an attempt to "deny it sanctuary and resources to plan, prepare and execute attacks," the White House said. U.S. officials have warned it will take years to destroy Islamic State, and Obama told Americans: "It will take time to eradicate a cancer like ISIL," the White House's acronym for the militant group. MORE U.S. MILITARY ADVISERS Obama will send 475 more American advisers to help Iraqi forces, which will bring to 1,600 the number there. Obama, determined to avoid a repeat of the Iraq war, stressed they would not engage in combat. The president laid out his emerging plan for tackling the group two weeks after coming under fire for saying: "We don't have a strategy yet" for the group in Syria and six months after declaring that groups like Islamic State were minor players. The U.S. view of the threat from Islamic State now is that foreign fighters who have sworn allegiance to the group could return to their home countries and launch attacks against civilian targets, including in the United States. Islamic State fighters beheaded two American captives in the past month, shocking Americans who have demanded Obama retaliate. "Our intelligence community believes that thousands of foreigners – including Europeans and some Americans – have joined them in Syria and Iraq. Trained and battle-hardened, these fighters could try to return to their home countries and carry out deadly attacks," Obama said. Republican lawmakers welcomed what they said was a tardy recognition that Islamic State represented a threat to the United States. “A speech is not the same thing as a strategy, however,” said House of Representatives Speaker John Boehner, the top U.S. Republican. “While the president presented a compelling case for action, many questions remain about the way in which the president intends to act.” TRAINING CAMPS IN SAUDI ARABIA In a significant move that could help rally Gulf Arab states behind the U.S.-led coalition, key ally Saudi Arabia will host inside its territory a U.S. training effort for Syrian rebels, senior U.S. officials said. The effort is dependent on the U.S. Congress approving the $500 million for the rebels. Congress is to consider the measure next week before lawmakers adjourn to campaign for Nov. 4 elections. The funding request generally has broad support. The Saudi decision emerged after Obama spoke by phone earlier in the day with Saudi King Abdullah, who has pressed the American government to do more resolve the Syrian conflict. Obama, vowing he would not send U.S. combat forces back to the region, said he was building a broad anti-Islamic State coalition involving Sunni-led governments in the region and Western allies. U.S. officials want allies to join in attacks on the group as well as in training and equipping Iraqi forces and Syrian rebels, and providing humanitarian relief and intelligence. BUILDING AN ALLIED COALITION What specifically each nation will do in the coalition remains to be hammered out. Secretary of State John Kerry is meeting Gulf allies in the region and Obama is to host a leaders' security conference at the U.N. General Assembly in two weeks with the aim of fleshing out duties of the coalition. Before the focus on Islamic State, Obama for months had been cool to the notion of arming the poorly organized Syrian rebels, fearing weapons provided them could end up in the wrong hands. But he now needs the rebels to become strong enough to hold ground cleared by U.S. airstrikes, just as Iraqi forces are doing in Iraq. U.S. officials pushed back hard against the notion that striking Islamic State strongholds in Syria would unintentionally help Assad. They said the Sunni-majority areas in the eastern part of the country the militants hold were not places where Assad loyalists would be able to take advantage to regain control. Obama's speech included a dollop of election-year politics as he seeks to rally Democratic voters to prevent Republicans from seizing control of the U.S. Senate. He said his policies had helped bring back the U.S. economy from a severe economic crisis that greeted him when he took office in 2009. "America is better positioned today to seize the future than any other nation on Earth," he said. More»
Amwal Al Ghad English - 2014-09-09 08:51:31
Under huge international and domestic pressure, Iraq swore in a new government on Monday, opening the way for an expansion of U.S. military support to fight Islamic extremists in the country. The vote to approve a new cabinet came during a fiery late-night parliamentary session. Key positions, including those of the defense and security chiefs, were left open amid controversy over who would fill them. Now confirmed as prime minister, Haider al-Abadi said he would name candidates for those positions within a week. The new lineup meets U.S. demands for an inclusive government involving disenfranchised Sunni and Kurdish minorities, which the Obama administration has linked to further military assistance. President Obama is expected to address the nation Wednesday to outline a broader strategy to combat militants from the brutal al-Qaeda breakaway group Islamic State. Late Monday, he called Abadi and emphasized “the need for the United States and Iraq to continue working closely with the international community to build on recent actions to counter the threat posed by the Islamic State,” according to a White House statement. Abadi pledged to “work with all communities in Iraq,” the statement said, and move quickly “to address the aspirations and legitimate grievances of the Iraqi people.” American officials hope that the new government will be able to bridge divides and peel away support for the al-Qaeda splinter group, which is tearing apart Iraq’s borders. More»
Amwal Al Ghad English - 2014-09-09 08:23:43
Lebanon's Gebran Bassil will join other Arab foreign ministers in Jeddah Wednesday with US Secretary of State John Kerry to discuss the region's commitment to a coalition being built by Washington to combat the threat of ISIS. The talks in the Saudi port city of Jeddah, which will continue into Thursday, will also be attended by ministers from Egypt, Jordan and the six Gulf Arab states as well as Iraq, and Egyptian official told AFP. The ministers "are going to meet Kerry on Wednesday and Thursday in Jeddah as part of efforts to tackle terrorism," the official said, speaking on condition of anonymity. Kerry was headed to the region on Tuesday in a bid to build an enduring coalition against the jihadists, who have seized swathes of Iraq and neighboring Syria. The US top diplomat pledged to build "the broadest possible coalition of partners around the globe to confront, degrade and ultimately defeat (ISIS)." "Almost every single country has a role to play in eliminating the (ISIS) threat and the evil that it represents," Kerry said. More»
Amwal Al Ghad English - 2014-09-02 08:40:54
The United Nations agreed on Monday to send investigators to Iraq to examine crimes being committed by Islamic State militants on "an unimaginable scale", with a view to holding perpetrators to account. "We are facing a terrorist monster," Iraq's human rights minister, Mohammed Shia' Al Sudani, told the U.N. Human Rights Council which adopted a resolution tabled by Iraq and France at an emergency sitting of the 47-member state forum in Geneva. The Council aims to send 11 investigators, with a total budget of $1.18 million, to report back by March 2015. Islamic State, which declared a "caliphate" in June in parts of Iraq and Syria under its control, has been cited as a major security threat by Western governments since posting a video in August of the beheading of U.S journalist James Foley. The Sunni militants have driven more than 1.2 million people from their homes this year, the United Nations says. At least 1,420 people were killed in sectarian violence in Iraq in August alone, U.N. figures showed on Monday. More»
Amwal Al Ghad English - 2014-08-30 06:54:31
He had a good job and a loving family, but it wasn't enough for a 25-year old Jordanian who abandoned his life of privilege in Amman to join the Islamic State group that has seized swathes of neighboring Iraq and Syria. Handsome, courteous and highly regarded in his profession as a radiologist, the man, whose name has been withheld for security reasons, disappeared in early August after the Muslim Eid holiday. He did not tell his family where he was going. He later called his parents from an undisclosed location to say he had "forsaken his life for the glory of Islam", said a relative. "His father is heartbroken, and his mother is in hospital from shock," he said.He is among the first known cases of Jordanians joining Islamic State since the group declared a "caliphate" in June after dramatic territorial gains in Iraq and Syria. His story points to the widening support for Islamic State among Jordanian Islamist fundamentalists inspired by its recent advances in countries that border Jordan to the east and north. With that support come new risks for a U.S. ally mostly unscathed by the Middle Eastern turmoil of recent years. More»
Amwal Al Ghad English - 2014-08-28 06:53:55
An open-ended ceasefire in the Gaza war held on Wednesday as Prime Minister Benjamin Netanyahu faced strong criticism in Israel over a costly conflict with Palestinian militants in which no clear victor has emerged. On the streets of the battered, Hamas-run Palestinian enclave, people headed to shops and banks, trying to resume the normal pace of life after seven weeks of fighting. Thousands of others, who had fled the battles and sheltered with relatives or in schools, returned home, where some found only rubble. In Israel, sirens warning of incoming rocket fire from the Gaza Strip fell silent.Netanyahu told a news conference Israel had dealt Hamas its toughest blow ever and had rebuffed its demands for a truce. He said it was "too early to say" whether the calm would be prolonged, then threatened the Islamist group: "If it resumes fire, we will not tolerate a sprinkle of shooting at any part of Israel, what we did in response now, we will respond even more vigorously." But Israeli media commentators, echoing attacks by members of Netanyahu's governing coalition, voiced deep disappointment over his leadership during the most prolonged bout of Israeli-Palestinian violence in a decade. More»
Amwal Al Ghad English - 2014-08-28 06:43:48
The U.S. National Security Council on Wednesday said it was aware of media reports that a second American associated with Islamic State militant fighters had been killed in Syria, but it could not confirm the death. The reports came a day after a U.S. official said Douglas McAuthur McCain, of the Minneapolis area, was suspected of fighting alongside militants who were trying to carve out their own state in Iraq and Syria, and that he had died there. "We're aware of media reporting and social media activity indicating that a second American citizen associated with ISIL has been killed in Syria," said National Security Council spokeswoman Caitlin Hayden."At this point, we are not in a position to confirm those reports," she added. U.S. officials also said on Wednesday the State Department was looking into the matter and that the initial reports originated with Twitter messages from the Free Syrian Army, an umbrella organization for Western-backed rebels. More»
Amwal Al Ghad English - 2014-08-27 06:11:47
A ceasefire between Israel and the Palestinians aimed at ending their seven-week conflict in Gaza appeared to be holding early on Wednesday as the focus shifted to securing an arrangement for the long term. No clear victor emerged from what had become a war of attrition between the Middle East's most powerful armed forces and the dominant Hamas militant movement in the Gaza Strip. Exacting a heavy toll in Palestinian lives and property, Israel said it dealt a strong blow to Hamas, killing several of its military leaders and destroying the group's cross-border infiltration tunnels. But Israel also faced persistent rocket fire for nearly two months that caused an exodus from a number of border communities and became part of daily life in its commercial heartland. More»
Amwal Al Ghad English - 2014-08-23 06:42:59
It was just after midnight on July 4 when at least two dozen U.S. Delta Force commandos arrived on heavily armed Black Hawk helicopters in Akrishi, a small town near the eastern Syrian city of Raqqa on the bank of the Euphrates River. Before they landed to search for American hostages including journalist James Foley, they destroyed a crucial target: anti-aircraft weapons at a jihadist base about 3 miles (5 km) southeast of the city, a stronghold of Islamic State militants seeking to build a monolithic Islamic state. The above account and other details of the raid have emerged from witnesses who spoke with a member of a Syrian opposition activist group, who identified himself as Abu Ibrahim al Raqaoui. Raqaoui told the information to Reuters in an interview via Skype from inside Syria. His group also posted witness accounts of the raid on Facebook soon after it took place. The posts, which were viewed by Reuters, have since been taken down. "The raid happened just after midnight," Raqaoui said. "The helicopters first started destroying anti-aircraft weapons.”Reuters could not verify the account. The White House publicized details of the raid on Wednesday, a day after Islamic State jihadists posted a video showing Foley being beheaded. The White House said the commandos failed to find Foley or other hostages and that it was prompted to make the announcement after several U.S. news organizations learned of the operation. More»
Amwal Al Ghad English - 2014-08-21 07:59:16
Prime Minister Benjamin Netanyahu said Israeli forces will keep hunting down leaders of Hamas in the Gaza Strip after killing the wife and child of the group’s militia chief in an air raid. “The commanders of terror organizations are a legitimate target,” Netanyahu said last night at a Tel Aviv news conference. “No one is immune.” The prime minister brushed off a question about whether the air strike Aug. 19 killed Mohammed Deif himself, the head of the Qassam Brigades that Israel has tried to assassinate five times and has left crippled. The militia said Deif had survived the attack, which led to a renewed barrage of rockets at Israel following a nine-day truce. The latest surge in violence occurred after Israeli and Palestinian negotiators in Cairo failed to prevent the temporary cease-fire from unraveling. Fighting since early July has killed at least 2,049 Palestinians, including hundreds of civilians, according to the Hamas-controlled Health Ministry. Sixty-seven people have been killed on the Israeli side, all but three of them soldiers, according to the army. Israel’s inner security cabinet met to discuss taking further military action as Palestinian militants in Gaza continued to fire rockets at Israel. Housing Minister Uri Ariel called for another Israeli ground offensive to be carried out “soon, strongly and quickly.” Speaking to Channel 2 television, Ariel said the air raids against Gaza since yesterday “have not brought quiet” to Israel. More»