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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        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Orascom Telecom Holding (OT)   3.92        Rakta Paper Manufacturing   4.39        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        Orascom Construction Industrie   240.82        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Heliopolis Housing   21.65        United Housing & Development   8.93        Raya Holding For Technology An   4.57        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        National Development Bank   6.72        Six of October Development & I   15.03        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        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        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        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 - 2017-01-22 14:51:27
Egypt's National Defence Council on Sunday extended the military's participation in a Saudi-led operation in Yemen, the presidency said in a statement. It did not specify how long the extension would be for. "The National Defence Council agreed during the meeting to extend the participation of the required elements from the Egyptian armed forces in a combat operation outside the nation's border to defend Egyptian and Arab national security in the Gulf, Red Sea, and Bab al-Mandab areas," the statement said. More»
Amwal Al Ghad English - 2017-01-22 08:45:16
A number of Egyptian workers travelling to Qatar have been detained at Doha international airport for being found in possession of medications that were recently banned in the Arab Gulf nation, state news agency MENA reported on Saturday. According to MENA, Egypt's Minister of Manpower Mohamed Saafan received on Saturday a report from the Egyptian Embassy in Doha on those Egyptian nationals detained, who are set to be deported back to Egypt. The report said the Egyptians were able to show Qatari authorities their prescriptions, or required documents necessary to carry the medications. It was not clear from the media report how many Egyptians have been detained. Minister Saafan renewed his warning to Egyptians travelling to Qatar against carrying any kind or quantity of the now-prohibited medications, including those legal in Egypt, MENA reported. The Qatari list of banned drugs includes medications known for treating colon disease, nerves and depression. It also includes the painkillers Parkinol, Tramadol, Lyrica, Alepam and Librax. More»
Amwal Al Ghad English - 2017-01-22 08:32:31
The flotation of the Egyptian pound will play an influential role in determining the attractiveness of shares for investors during 2017, especially after the price of the US dollar increased to more than 19 Egyptian pounds, which will affect companies’ activities and their ability to make a profit. Financial and technical analysts expect that the most attractive shares for investors in 2017 will include the pharmaceutical and banking sectors, in addition to companies that export their products. Mohamed Al-Assar, the head of the technical analysis department for investment in North Africa and the Middle East at the National Bank of Kuwait (NBK), said that initial technical indicators show that the EGX30 will continue to achieve record levels near the level of 14,000 points during the first quarter (Q1) of 2017. More»
Amwal Al Ghad English - 2017-01-22 08:03:06
The families of Egyptian workers reportedly kidnapped in Libya staged a protest on Saturday at the Cairo headquarters of the Egyptian press syndicate, demanding that the president interfere to bring their relatives home. Fifteen migrant workers from Egypt were reportedly kidnapped and tortured in Libya earlier this month. According to the captives' families, the kidnappers have demanded a ransom of 300,000 Libyan dinars (around EGP 4 million), threatening to kill the captives if it is not delivered. "We need President [Abdel-Fattah] El-Sisi to interfere; he is our president, who else should we go to? And what else should we do? I submitted complaints everywhere, but nothing happened," Mohamed Rabie El-Sherbiny from Damietta governorate, whose father is among the 15 kidnapped, told Ahram Online. More»
Amwal Al Ghad English - 2017-01-22 07:49:28
The Egyptian authorities arrested the finance minister's adviser for receiving one million Egyptian pounds (over 53,000 U.S. dollars) from a contractor as part of a larger bribe for mispricing a state-owned land, the Egyptian state TV reported. According to the Administrative Control Authority (ACA), the country's official anti-corruption body, the corrupt official was scheduled to get a total bribe of four million pounds (more than 212,000 dollars) to misprice the land of a tourist village that would cause the state a loss of about half a billion pounds (26,595 dollars). The case is part of a massive anti-corruption campaign launched by Egypt over the past few years that led to the arrest and imprisonment of several officials and senior employees and the retrieval of large amounts of money. In April 2016, Egyptian former Minister of Agriculture Salah Helal and his deputy were sentenced to 10 years in prison over receiving bribes to grant state-owned land licenses to prominent Egyptian businessman. Helal was fined one million pounds (53,191 dollars) while his deputy was fined half a million (26,595 dollars). More»
Amwal Al Ghad English - 2017-01-21 08:40:25
Twelve demonstrators previously detained for protesting against the Egyptian-Saudi maritime demarcation deal were released from custody Wednesday, according to rights lawyers and the Socialist Popular Alliance Party (SPAP). Their release is conditioned by a fine of 20,000 Egyptian pounds each, reported the Egyptian Front to Defend Protesters, which until Wednesday said that the prosecution authority had not filed an appeal against the release order. Protesters were arrested on 2 January near the Press Syndicate for refusing the demarcation deal that would result in the submission of the two Red Sea islands of Tiran and Sanafir, long under Egyptian sovereignty, to Saudi Arabia. On 16 January, the High Administrative Court issued a final verdict in favour of annulling the agreement. More»
Amwal Al Ghad English - 2017-01-21 08:03:48
Egypt's Prime Minister Sherif Ismail announced on Thursday that the cabinet is preparing to submit to parliament a proposal for a ministerial reshuffle by the end of the month, Ahram Arabic news website reported. Ismail said that the exact number of ministers who will be replaced has not been determined, and that the “new ministers will be chosen based on expertise.” Ismail added that there will no changes in regional governors for now. The prime minister said that no new ministries will be created out of the reshuffle, but some existing ones could be merged. Earlier this week, President Abdel-Fattah El-Sisi confirmed reports that a ministerial reshuffle would soon take place. The last ministerial reshuffle to take place under Ismail was in March 2016, with 10 ministers replaced. More»
Amwal Al Ghad English - 2017-01-21 07:52:27
The new law regulating NGOs has not yet been sent by parliament to the president for ratification, the minister of parliamentary affairs, Magdy El-Agati, told Al-Ahram daily on Friday. The parliament approved the new law in November. It had been drafted by the parliament's social solidarity committee. The government had already presented a draft law on the topic to parliament, but MPs chose to pass the legislature’s version. Human rights activists and NGOs have strongly criticised the law, arguing that it will put civil society under the control of the state. El-Agati told Al-Ahram that he had received a number of complaints from NGOs regarding the new law, and they had requested that parliament to discuss the law again. "I took those complaints to the parliament to see what it can do as the government has nothing to do with that law," he said. El-Agati added that it was possible for the House of Representatives to discuss the approved law again. More»
Amwal Al Ghad English - 2017-01-21 07:42:15
The Egyptian presidency released a statement on Friday, the day of the inauguration of new US president Donald Trump, extending congratulations to the American people and wishing them prosperity and stability, Al-Ahram Arabic news website reported. Egypt's president Abdel-Fattah El-Sisi congratulated the American president, wishing him luck in performing his duties and responsibilities and in meeting the aspirations of his people. El-Sisi said he looks forwardto consolidating the bonds of friendship and promoting the strategic relationship between Egypt and the US on all levels. The presidency’s statement also said that Egypt is looking forward to a revitalising of Egyptian-American relations during Trump's time in office that would benefit both peoples, with a focus on cooperation in tackling various regional issues in the Middle East. More»
Amwal Al Ghad English - 2017-01-19 10:02:43
Kuwait’s National Assembly Speaker Marzouk Ali Al-Ghanem arrived in Cairo on Thursday to meet with a number of Egyptian officials, state news agency MENA reported. Al-Ghanem is set to discuss regional issues, as well as boosting bilateral ties between Egypt and Kuwait. The Kuwaiti official's talks with Egyptian counterparts will also cover developments in the ongoing crises in Syria, Libya and Yemen, as well as joint counter-terrorism efforts between Egypt and Kuwait. Kuwait and Egypt signed earlier this month in Cairo a legal and judicial cooperation agreement on civil, commercial, criminal and personal status issues, as well as the transfer of sentenced persons. The Arab Gulf country has aided the Egyptian economy with billions of dollars in oil shipments, cash grants and central bank deposits since the ouster of the former Islamist president Mohamed Morsi in July 2013. More»