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GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        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        General Company For Land Recla   16.6        Gharbia Islamic Housing Develo   8.41        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 - Egypt News

Amwal Al Ghad English - 2017-08-19 07:45:39
Egypt's Ministry of Antiquities expected that the number of visitors to archaeological sites will reach 10 million, with revenues worth 377 million Egyptian pounds ($21.2 million) within the financial year 2017/2018. Sumaya Benyamin, head of finance at the ministry, refused to disclose any details about the investment plan fro the current financial year and the target of revenue. According to previous statements by Benyamin, the average revenues of the ministry of the sale of tickets to archaeological sites on the national level ranged between 21 million pounds and 22 million per month, which adds up to 110 million from January to May 2016. According to the latest figures released by the ministry, the total annual revenues recorded 229.8 million pounds in 2104. More»
Amwal Al Ghad English - 2017-08-19 07:31:04
Egypt's Al-Azhar has strongly condemned a terror attack in Barcelona on Thursday that killed and injured a number of civilians.In a statement on its official website on Thursday, Al-Azhar, the highest seat in Sunni Islam,  reaffirmed "its rejection of all criminal actions carried out by terrorist organisations anywhere in the world." The statement asserted that Islam confirms the right of all people to live in peace regardless of their religion, colour, gender, or language. The Sunni religious institution also called on the international community to make further efforts to combat violence and eliminate terrorism by all available means, and stressed the need to work on a clear strategy to extend world peace, and consolidate the values of social peace and mutual cohabitation against extremism and terrorism. On Thursday, a van ploughed into crowds in Barcelona's Las Ramblas avenue in the city centre. A suspect of a Moroccan origin was arrested following the attack, according to Spanish police. A second vehicle attack in the town of Cambrils saw a number of suspects arrested. The attacks killed 14 and wounded over 100 more, and injured people of at least 34 different nationalities. More»
Amwal Al Ghad English - 2017-08-17 06:44:41
Egypt’s President Abdel Fattah al-Sisi arrived on Wednesday in Gabon; the third stop on his four-day African tour. Sisi is the first Egyptian president to visit the Central African country. His African tour began on Monday in Tanzania. On Tuesday, Sisi visited Rwanda and discussed ties with top officials and visited the Kigali Genocide Memorial, where he paid his respects to the victims of the Rwandan genocide. The Egyptian President is set to visit Chad on Thursday. According to the Egyptian presidency, Sisi’s African tour reflects Egypt's keenness to bolster relations on the African continent in all fields, intensify coordination and communication with its African brothers, as well as boost cooperation with African countries on all levels, notably in economic and trade ties. More»
Amwal Al Ghad English - 2017-08-16 11:32:07
The U.S. military will participate in a biennial joint military exercise with Egypt called Bright Star 2017 -- marking the first time Washington has taken part in the joint exercise since the toppling of Egyptian President Hosni Mubarak in 2011. The joint exercise dates back to the early 1980s, following the signing of the Camp David Accords during President Jimmy Carter's administration. Bright Star was carried out every other year since -- until 2012, when the exercise was canceled due to instability in Egypt after Mubarak's ouster. Then-President Barack Obama canceled the exercise in 2014 over allegations of human rights abuses by the Egyptian government following the 2013 military coup. US Army Maj. Josh Jacques, a spokesman for US Central Command, which oversees US troops in the region, called Bright Star 2017 a bilateral "command-post exercise, field training exercise and senior leader seminar held with the Arab Republic of Egypt." A US defense official told CNN that about 200 US troops would participate in the exercise. The last time Bright Star was held, in 2009, some 1,300 US soldiers and Marines took part. "Participation strengthens military-to-military relationships between US forces and our Egyptian partners," Jacques told CNN, adding that "the exercise enhances regional security and stability by responding to modern-day security scenarios." "We appreciate the invitation to work with the Egyptian Armed Forces," he added. More»
Amwal Al Ghad English - 2017-08-16 11:19:40
Sudanese Foreign Minister Ibrahim Ghandour praised Tuesday the exemplary relationship between Ethiopia and Sudan, but was keen to underscore that the discussions on Renaissance Dame and Nile Water are always done with the Egyptian participation. The Sudanese top diplomat was speaking at a press conference held in Khartoum after the arrival of the Ethiopian Prime Minister Hailemariam Desalegn in an official three-day visit where the two neighbours will sign a number of bilateral agreements in various fields. "Sudan’s relationship with Ethiopia goes beyond water issues. The water is a national security issue for Sudan, Ethiopia and the rest of the Nile Basin countries. Also, it is one of the most important issues under the Nile Basin Initiative, the Technical Committee of the Nile Basin and the water agreement between the three countries.(Egypt, Ethiopia and Sudan), particularly with regard to the Renaissance Dam," he said. The issue of water has been always present when two of the three parties meet but the concern is always "how to have tripartite cooperation between the three countries," he further stressed. The Ethiopian multi-billion dollar Renaissance Dam is being constructed on the Blue Nile, about 20 kilometres from the Sudanese border, and has a capacity of 74 billion cubic meters, and is expected to generate electrical power of up to 6,000 megawatts. Sudan backs the project because its water will be used to develop the eastern Sudan region while Ethiopia says it intends to produce only electricity and has no interest in the water or any intention to harm Egypt. However, Cairo is openly opposed to the project and requests more guarantees that the project will not affect its share of the Nile water. Ghandour who held a joint press conference with State Minister for Foreign Affairs, Mrs Hirut Zemene told reports that bilateral meetings will be held between the respective ministers in the two countries to discuss issues of security, water, economic cooperation etc... He added that the Ethiopian premier will visit a number of industrial establishments and will give a lecture on the Horn of Africa at the Friendship Hall in Khartoum. In a speech delivered at the opening session of the joint talks, President Omer Bashir said the bilateral coordination serves the unity of purpose and destiny of the two eastern African countries. He said that the joint mechanism allows the two countries to move towards the completion of joint projects mainly the railways, banking and economic integration. Mrs Zemene, for her part, praised Sudan’s role in managing of the water issue for the benefit of all, pointing to the existing coordination between the countries of the eastern Nile basin, expressing hope for the technical meeting in Khartoum. Pointing to a meeting between the Sudanese president and the Ethiopian prime minister before the press conference, she said During the meeting, the two sides affirmed their commitment to promote and push forward the partnership between the two countries in all political, economic, security and defence fields. She added it was agreed to continue the discussions in meetings to be held during the first quarter of next year to consolidate joint cooperation, as well as work together to maintain peace and security in the region. The political instability in several countries in the region particularly in Somalia and South Sudan seems a source of concern for the political leadership in the two countries. The two countries share a common concern for the volatile situation in Eritrea and the recent tensions with Djibouti. More»
Amwal Al Ghad English - 2017-08-16 11:14:01
Egypt and China signed Wednesday a deal aiming to attract one million Chinese tourists by next year. The contract was signed by Hany al-Sharqawy, Chairman of the Egyptian Investment Group in China, and Benjamin Wan, President of the Federation of Chinese Chambers of Commerce. Mohamed Salama, Director General of the International Tourism Sector at the Tourism Promotion Authority, and a number of MPs attended the signing ceremony in Cairo. According to the agreement, state-owned and private-sector tourism companies will organise tourist trips for 350,000 Chinese tourists for the remainder of the year, to reach one million tourists in 2018. Wan promised that one million Chinese tourists will come to Egypt by 2018, praising cooperation between the two countries and acknowledging the long history and culture between the two countries. The problem facing the campaign is the lack of sufficient airlines to transport the number of tourists, due to the lack of charter flights between the two countries, said Sharqawy. A Chinese aircraft manufacturer has offered to sell about 20 aircrafts to the Egyptian Ministries of Aviation and Tourism to be used for charter flights, Sharwawy added. Sharqawy said in the case that the Egyptian government does not conclude that deal, investors and businessmen will be offered the opportunity to launch an airline to operate these flights. More»
Amwal Al Ghad English - 2017-08-16 06:40:31
Egypt's Al-Azhar criticised on Tuesday an announcement by the president of Tunisia that his country is looking to allow for equal inheritance between men and women. Although it did not mention Tunisia by name, a statement by Al-Azhar- considered the world's most prominent authority on Sunni Islam- said the concept of equal inheritance is "against Islamic teachings." In the statement, deputy of Al-Azhar Sheikh Abbas Shuman said equality in inheritance is "unjust for women and is not in line with Islamic Sharia." "The call for equality in inheritance between genders is unfair because women can already inherit more than men in some instances," the statement read. According to Sunni Islam, inheritance for males is double that of females in most instances, with some exceptions including the mother and father of a deceased person both receiving one-sixth of the deceased's possessions. Al-Azhar's statement also named an example where a mother would receive a bigger share of her deceased daughter's legacy, with the mother receiving one-third and the brother inheriting one-sixth. On Sunday, Tunisian President Beji Caid Essebsi said that his country is seeking to establish equality between men and women in inheritance; the first Arab country to make such a move. He also announced the formation of a committee to study the matter. Al-Azhar's statement also denounced a call by President Essebsi to ammend the law to allow for marriage between a non-Muslim man and a Muslim woman."Such a marriage would obstruct the stability of marriage," Shuman said, arguing that a non-Muslim husband would not allow his Muslim wife to practice her beliefs as he is not a believer in her religion. More»
Amwal Al Ghad English - 2017-08-15 09:24:39
Italy will send a new ambassador to Egypt, 16 months after it withdrew its top diplomat to protest the brutal murder of Giulio Regeni, an Italian graduate student and Cairo's foot-dragging in the investigation. Ambassador Giampaolo Cantini "will have the task of contributing, through contacts with Egyptian authorities, to the strengthening of judicial cooperation and, as a result, to the search for the truth," Italian Foreign Minister Angelino Alfano said in a statement on Monday. Regeni was a 28-year-old doctoral student in January 2016 when he vanished from the streets of the Egyptian capital. His body was discovered in early February in a ditch on the outskirts of Cairo. He appeared to have been brutally beaten and suspicion fell on the regime of President Abdel-Fattah el-Sissi. The government denied allegations of involvement.. Regeni was in Cairo researching the sensitive issue of Egyptian street vendor trade unions and had written articles critical of the government under a pen name. Italy recalled its ambassador in April 2016 citing a lack of cooperation from Egyptian authorities in trying to solve Regeni's murder. The Italian government said magistrates have met half a dozen times over the past year in both Rome and Cairo as they try to resolve the case. "The Italian government's commitment remains to clarify the tragic disappearance of Giulio," Alfano said in a statement. More»
Amwal Al Ghad English - 2017-08-15 07:27:13
Egypt's President Abdel Fattah al-Sisi arrived in Tanzania on Monday in a four-day tour to African countries including Rwanda, Gabon, and Chad. The tour comes as part of an initiative to strengthen ties with African countries as part of its foreign policy and keenness to further strengthen Egypt- African relations in all fields, particularly the commercial and economic fields. Sisi will hold bilateral talks with leaders and officials of the countries to discuss ways to enhance cooperation, how to address the common challenges facing the continent and discuss regional issues of common concern, particularly in regard to security and peace in Africa, taking into account Egypt’s current membership in the UN Security Council and the African Peace and Security Council. More»
Amwal Al Ghad English - 2017-08-14 06:53:38
Egypt's transportation minister Hesham Arafat accepted on Sunday the resignation of the head of the railway department Medhat Shousha, two days after a train collision in Alexandria killed 41 people and injured 179, Al-Ahram Arabic news website reported. On Friday, a train travelling from Cairo to Alexandria crashed into the rear of another train en route to Alexandria from Port Said. The second train was stationary at Khorshid Station when the crash occurred. Earlier on Sunday, an administrative prosecution suspended eight railway officials, while prosecutors in Alexandria have ordered the 15-day detention of the drivers of the two trains, state-run news agency MENA reported. On Saturday, the transport minister said the crash was caused by the railway's manual-operation system and poorly developed infrastructure. Egypt's President Abdel Fattah al-Sisi has said that those responsible "should immediately be held accountable and shown no leniency, regardless of their positions." The president urged a quick upgrade of railway infrastructure, including an electronic signal system to be implemented nationwide to “limit this kind of accident and improve passenger safety procedures.” Egyptians have long complained that successive governments have failed to develop the country’s dilapidated transport network and guarantee basic railway safety standards. Several deadly railway crashes have taken place in Egypt over the past years. In 2012, a train ploughed into a school bus south of Cairo, killing 50 people, mostly children. The country's worst train disaster took place in 2002, when a fire swept through a passenger train, killing some 360 people. More»