amwalalghad :: The Watch

Your English Portal To Arab Economy

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        

Indices news

Dollar Languishes Near Three-Week Lows; Aussie At Seven-Week Highs

Published 2015-10-12 08:03:45| Amwal Al Ghad English

The dollar hovered near a three-week low versus a basket of major currencies on Monday, anchored by doubts that the U.S. Federal Reserve will raise interest rates by year-end. The dollar index, which measures the greenback's value against a basket of six major currencies, was last trading at 94.780. On Friday it had touched a low of 94.692 .DXY, its weakest level since Sept. 18. The euro edged up 0.1 percent to $1.1372 EUR=, having set a three-week high of $1.13875 EUR= on Friday. The dollar held steady against the yen at 120.21 yen JPY=. The greenback had retreated broadly last week, especially against commodity and emerging-market currencies.
Get To Know
Prime Minister - Sherif Ismail Sherif Ismail, a career engineering technocrat with no history of membership in political parties, was sworn in as Egypt's new prime minister before President Abdel-Fattah al-Sisi Saturday morning. Ismail, who avoids media spotlight and rarely speaks in public on his political views, replaces Ibrahim Mahlab as prime minister. The new PM brought 16 new faces into the cabinet, retained 17 Mahlab picks, and merged or abolished some ministries bringing the total of portfolios to 33 down from Mahlab's 34. Ismail, who was born in 1955, graduated from the Faculty of Engineering at Ain Shams University in 1978. He worked briefly for the multinational oil company Mobil, before joining the Egyptian state-owned company Engineering for the Petroleum and Process Industries (Enppi) in 1979. Ismail served as minister of petroleum under Ibrahim Mahlab since 2014.
forex news
Crude oil futures eased on Thursday pressured by firmer U.S. dollar and supply surplus concerns on thin Thanksgiving trading, reversing from rises in the wake of a smaller-than-expected U.S. inventory build and a fall in U.S. oil rig counts. Brent lost 34 cents, or 0.74 percent, to $45.83 a barrel as of 0731 GMT. U.S. crude's West Texas Intermediate (WTI) futures had retreated by 10 cents at $42.94 a barrel after rising to $43.30 earlier the session. Oil has been weighed down by concerns of a supply glut as OPEC is determined to keep pumping oil vigorously to defend market share, alarming some of the grouping's weaker members who fear prices may slump further towards $20. U.S. crude was supported by the smaller-than-expected build in U.S. inventories, with stocks rising 1 million barrels in the week to Nov. 20 for a ninth consecutive weekly rise. This was below analyst expectations for a 1.2 million barrel rise, according to the U.S. Energy Information Administration. [EIA/S] "We expect inventories to continue to remain low with strong U.S. refinery utilization which was at 92 percent. U.S. crude production, on the other hand, seems to be continuing its decline," Daniel Ang at Phillip Futures said. "This will be ideal for prices in the longer run and if it continues, we should be seeing global oversupply easing." Analysts said U.S. crude was also boosted by a fall in oil rigs, a sign that drillers were waiting for higher prices before returning to the well pad. Drillers cut rigs for the 12th week in the last 13, data from services company Baker Hughes showed. In China, commercial crude oil stocks at the end of October fell 4.4 percent from the previous month in their biggest drop since at least 2010, the official Xinhua News Agency reported on Thursday. The dollar index, which measures the greenback against a basket of currencies, gained 0.02 percent at 99.813, making the currency-denominated oil futures more expensive to other currency holders. Asian shares advanced on Thursday, while the euro remained under pressure on growing bets that the European Central Bank will roll out more stimulus soon even as the U.S. Federal Reserve looks set to raise interest rates.