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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 - 2018-01-06 08:14:43
Egypt has witnessed several deaths, injuries and property damage on Friday in several governorates due to windy and rainy weather, Al-Ahram Arabic news website reported. Accidents due to bad weather have been reported in Menoufiya, Alexandria, Gharbiya, and Marsa Matrouh. Two people were killed and four were injured in three road accidents on the Cairo-Alexandria Agricultural Road near Menoufiya, where major roads are covered in rainwater and mud. Alexandria has been hit with strong winds, causing property damage to buildings due to falling trees and light posts, as well as car crashes, though no injuries have been reported. The governor of Alexandria has warned citizens to stay in safe places far from the Corniche and highways and not to touch light posts. Marsa Matrouh governorate’s Saloum city witnessed a power outage at noon, with the Ministry of Electricity and Renewable Energy saying that it is working on restoring power. Gharbiya has seen traffic jams due to rainfall, while movement in markets has been hindered by mud. Temperatures will remain cold on Friday, ranging between 20 and 11 degrees depending on the region in the country. Egypt has been witnessing a wave of unstable weather over the past few days. Egypt sees average highs of 19.4 degrees Celsius in January and lows of 8.4. More»
Amwal Al Ghad English - 2018-01-04 14:59:58
Russia’s President Vladimir Putin authorised the resumption of regular Russian airline flights to Cairo, according to a document published on the Moscow government’s website on Thursday. Russia halted civilian air traffic to Egypt in October 2015 after Islamist militants detonated a bomb on a Russian Metrojet flight departing the tourist resort of Sharm el-Sheikh, killing all 224 people on board. Putin’s clearance for flights to resume was effective from Jan. 2, the Russian government document said, though it gave no timeline for the actual resumption of service. Egyptian airport sources said flights would resume first between Cairo and Moscow in April, then negotiations will begin about restoring flights to the Red Sea resorts of Sharm el- Sheikh and Hurghada popular with Russian tourists. “The resumption of flights between Russia and Cairo is a very good sign, giving hope that charter flights to the Red Sea resorts will be possible soon,” Russia’s RIA news agency quoted the head of Russia’s tour operators association, Maya Lomidze, as saying. The 2015 bombing aboard the Metrojet airliner, claimed by Islamic State, and Russia’s suspension flight service dealt heavy blows to Egypt’s tourism industry, a major source of its hard currency reserves. More»
Amwal Al Ghad English - 2018-01-04 07:13:30
Egypt's Ministry of Foreign Affairs has launched a new website as part of its efforts to "develop channels of communication" both within Egypt and with other nations. The website, which took several months to build, provides content on Egypt's foreign policy and its relations with countries around the world, as well as Cairo's position on major regional and international issues. "The website is a continuation of a comprehensive strategy pursued by Egyptian diplomats to develop communication tools locally and internationally, in order to keep up with the unprecedented technological developments of the current era," Foreign Minister Sameh Shoukry said in a welcome note published on the website on Tuesday The new portal includes a media centre providing statements and updates from the ministry, press conferences by ministry officials and the minister's daily schedule, along with interviews with Foreign Minister Sameh Shoukry and ministry spokesman Ahmed Abu Zeid. There is also a section gathering the ministry's posts on micro-blogging site Twitter. Consular services, including visa applications, can also be accessed through the new website. The portal's content includes information on Egypt's history, tourism and economy, as well as links to the most important governmental bodies and institutions, especially those concerned with tourism promotion and the issuance of visas. The website is available in two languages: Arabic and English. More»
Amwal Al Ghad English - 2018-01-03 07:09:16
President Abdel Fattah al-Sisi received on Monday athletes who won medals and prizes in international sports championships and their trainers, awarding them with the Sports Medal, presidency spokesperson Bassam Rady said. The president held a meeting with the athletes and trainers during which he praised their achievements saying they are role models for the youth due to their perseverance and hard work. He expressed hope for more sporting achievements in order to put Egypt in the position it deserves regionally and internationally, said Rady. The president also expressed his appreciation to the athletes who did not succeed in winning medals, stressing that the most important criterion is hard work. Rady added that the president was keen to pay special tribute to physically-challenged athlete champions, stressing that they impressed the world with their perseverance and determination and honored Egypt abroad. Sisi directed concerned sports bodies to provide necessary care and support for the physically-challenged champions. Athletes expressed their happiness with the medals, saying it reflected the interest of the president and the state to encourage athletes and sports in Egypt. More»
Amwal Al Ghad English - 2018-01-03 07:03:43
Egypt's National Electoral Commission (NEC) said Tuesday that the timeline of the country's 2018 presidential election will be made public at a press conference next Monday. "All the details on this election's timeline will be made public next Monday because the NEC is keen that all measures are announced in a clear and transparent way," the commission's spokesman Mahmoud El-Sherif told reporters. El-Sherif also indicated that "the two laws on exercise of political rights and terrorist entities" will be implemented when reviewing the list of presidential candidates. "Those who were finally convicted of committing terrorist crimes or who were found guilty of perpetrating ethical crimes will be banned from registering as presidential candidates or voting in the polls," said El-Sherif. On Monday, MP Amal Rizkallah said in a statement that NEC should make sure that "those who were finally convicted of committing terrorist crimes are removed from the voting lists." "As presidential and municipal elections are due to be held in Egypt in 2018, the NEC, which is constitutionally authorized with supervising all elections, must make sure that convicted terrorists and criminals will not be allowed vote or run in these elections," she added. Rizkallah argued that the law on terrorist entities (law no. 8/2015) clearly states that "those who were designated as terrorists or members of terrorist organizations or placed on the travel ban lists, or prevented from entering the country, or who had their travel passports withdrawn, or were not allowed to have new travel passports, or lost the stipulation of good reputation, shall not be allowed to join parliament or take charge of public posts." The MP said the above article means that Muslim Brotherhood members who were involved in terrorist crimes cannot run in any coming elections. El-Sherif's statement comes four days after NEC head Lasheen Ibrahim told Al-Ahram newspaper that the timeline will soon be made public in a press conference. The announcement is in line with Article 140 of Egypt's 2014 constitution, which states that "all the measures necessary for the country's presidential election to be held should be completed and made public 120 days ahead of the voting day," said Ibrahim, adding that "this means that the timeline should be announced as soon as possible in order for the vote to be conducted on time next April." According to Ibrahim, Egypt's presidential election will be held in the second half of April and "that by 3 May 2018 – or one week before the Muslim holy month of Ramadan – a president of Egypt should have been elected." Ibrahim also indicated that the commission, which is fully in charge of supervising all of Egypt's elections and referendums, is currently involved in updating the country's voter lists as an initial move necessary to guarantee the integrity of the coming polls. "An estimated number of 60 million Egyptians will be entitled to vote in the coming presidential poll," said Lasheen, adding that "the updating of voter lists will continue until the ballot day is announced by NEC." Egypt's NEC includes ten senior judges and is led by Ibrahim, who is the senior deputy chairman of the country's court of cassation. Ibrahim revealed that NEC is probing the possibility of increasing the number of polling stations in order to make it much easier for citizens to vote. "Besides, electronic voting will be allowed for the first time in the coming poll, even though this will be on a limited scale," said Ibrahim. The NEC head insisted that in accordance with the constitution, all polling stations will be placed under the complete supervision of judges. "We are committed to implementing the principle 'a judge for every voting box' in the coming presidential election. In addition to judges, local and foreign civil society organizations will be also welcomed to monitor the poll." "All the licenses and permits necessary for this will be issued, not to mention that all media outlets will be given a free hand to cover the polls. "The polls' voting card" has already been selected by the NEC. "It has a certain design that will make it impossible for anyone to forge or to be handled outside polling stations," said Ibrahim. He also revealed that 389 public notaries across Egypt were named to help citizens wishing to document candidate recommendation forms. "As hopeful candidates will be required to collect recommendation signatures from citizens in different governorates, a certain form was designed, and thousands of copies will be made available in public notaries. "In the end we hope that citizens will be keen to actively vote in the polls as long as guarantees for fairness and integrity are available. We hope that the coming presidential poll will push Egypt's democracy forward," said Ibrahim, vowing that "all members of the NEC will do their best to ensure that all candidates are treated on an equal footing in terms of campaigning, spending and media coverage." According to Article 142 of the 2014 constitution, a hopeful presidential candidate must get the recommendations of at least twenty elected MPs, or the recommendations of at least twenty-five thousand citizens with voting powers in at least 15 governorates, with a minimum one thousand recommendations from each governorate. Ibrahim indicated that a presidential candidate cannot spend more LE20 million on campaigning during the first stage of the race. "In case of a second run-off stage, a candidate shall not be allowed to spend more than 5 million pounds," he said. More»
Amwal Al Ghad English - 2018-01-02 06:23:20
Al-Ahram's veteran journalist and former CEO Ibrahim Nafea died on Monday at the age of 84 in a hospital at Dubai. Nafea was born in Suez in 1934 and earned a Bachelor's degree in law in 1956 from Ain Shams university. Nafea started his career as a reporter at Reuters news agency. He then worked as an editor at Egyptian Radio and an economy editor at the state-owned Al-Gomhoreya daily before joining Al-Ahram. At Al-Ahram, Nafea served as the head of the economy section on Al-Ahram daily, deputy editor-in-chief, then editor-in-chief of the paper, before his appointment as CEO of the organization. In 1985, Nafea was elected head of the Journalists' Syndicate and won re-election more than once. More»
Amwal Al Ghad English - 2018-01-01 06:48:58
Alexandria Port Authority (APA) has decided to close two main ports in the Mediterranean city on Sunday due to bad weather conditions. In press statements, the APA’s spokesman Reda Ghandour said the ports of Boughazi and Dekheila will be closed to navigation after a meteorological report recorded a rise in waves and an increase in wind speed above seasonal averages, which could pose dangers to the safety of passengers, cargo and port facilities The Boughazi Port’s chief Medhat Attiya said, however, loading and unloading operations at the port will continue regularly despite closure. Last week, the two ports shut down for three days also due to unstable weather conditions. Heavy rainfall also struck the northwestern governorate of Matrouh since the early hours of Sunday. Matrouh’s Company for Drinking Water and Sanitation deployed tens of water suction pumps to clear rain water from the streets of the city as well as other cities in the governorate. The statements by the APA officials come as Alexandria was hit on Sunday with the ‘New Year’ seasonal storm, which is expected to last four days accompanied with heavy rain showers with a drop in temperatures and a rise in sea waves. Alexandria has already announced a state of emergency to deal with the impact of the storm. Rainfall is also expected today along other parts of the Mediterranean coast, the Nile Delta, Cairo, central Egypt all the way to southernmost areas along the Red Sea in  Halayeb and Shalateen. Alexandria will witness a high of 17 degrees Celsius and a low of 8 on Sunday. Cairo will witness a high of 17 degrees Celsius and a low of 12. More»
Amwal Al Ghad English - 2018-01-01 06:36:49
Egypt’s High State Security Prosecution will question a suspect in Friday's terrorist attack on a Coptic church in Helwan, south of Cairo, as soon as his health stabilises, the general prosecutor’s office said in a statement. The suspect, whom the ministry identified as Ibrahim Ismail Mostafa, opened fire at Mar Mina Church on Friday, killing a total of nine people and injuring four before he was shot and captured. The ministry said the suspect is currently in recovery. Police revealed that Mostafa has carried out multiple terrorist attacks against civilians and policemen since 2016. Investigators say he shot two people dead at a shop on Friday before heading to the church, where he shot dead another seven people, including a lower-ranking policeman. According to Sunday's statement, investigators are also gathering the testimony of eyewitnesses to the attack in Helwan, with a view to determining how it was conducted. The High State Security Prosecution has ordered the retrieval and examination of CCTV footage from both the church and the shop. The general prosecution also ordered ballistics experts to inspect shell casings of bullets found in the vicinity of the attack in an attempt to match them with a machine gun used by the suspect. They will also be seeking to determine whether the same weapon used by Mostafa to attack Mar Mina was used in other terrorist attacks Friday's attack took place as Egyptian Coptic Christians, who make up 10 percent of the country's 93 million population, prepare to celebrate Christmas on 7 January. Police have deployed 230,000 personnel nationwide to secure churches, parks and vital public institutions during Christmas celebrations. More»
Amwal Al Ghad English - 2017-12-31 06:15:42
During a meeting on Saturday, Egypt’s president Abdel-Fattah al-Sisi told acting Prime Minister Moustafa Madbouly and Minister of Electricity Mohamed Shaker to continue efforts to update the country’s electricity sector in accordance with the set timeframe, and to improve the service, a presidency spokesman said. Sisi told the two officials to also work towards the completion of key studies on electricity interconnection plans and projects with neighboring countries, stressing Egypt’s position on international cooperation on developmental projects, civilization development, and standards of safety and security. During the meeting, acting PM Madbouly presented the latest developments in the start of the executive steps to establish the Dabaa nuclear plant, confirming that the first unit of the plant will begin operation by 2018, presidency spokesman Bassam Rady said. The Dabaa nuclear power plant will produce 1,200 MW from each of its four reactors and has a 60-year operational age. Russia will loan Egypt $25 billion to finance the nuclear power plant, the country’s first. Electricity Minister Shaker reiterated his ministry’s target to increase Egypt’s percentage of new and renewable energy to 20% by 2022. Shaker has also highlighted the latest developments regarding cooperation with the Italian company ENI to establish a factory of high effort convertors, and establishing Benban solar power plants, as well as a new power plant in the new administrative capital. The minister has previously said that the Benban solar power complex is set to produce 2,000 MW, the largest amount of solar energy produced from any location. The plant set for the new administrative capital is expected to be connected to the unified electricity network by mid 2018, to be able to generate 4800 megawatt and include 8000 workers. In June 2015, the Egyptian government signed an 8 billion euro deal with Germany’s Siemens to construct three natural gas-fired combined cycle power plants, including one in the new capital. The meeting also tackled ongoing energy interconnection projects between Egypt and its neighbors, such as the electricity network with Saudi Arabia, that is expected to operate by 2021, and two similar projects with Jordan and Libya, as well as clean energy projects with Cyprus and Greece. Egypt is currently in talks with Saudi Arabia for an electricity interconnection project set for a 3000 megawatt capacity at a total investment cost of $1.56 billion. A memorandum of understanding has also been signed for electricity interconnection between Egypt, Cyprus and Greece, for a 3000 MW capacity line. Shaker has also pointed to the ministry’s steps to transform the electricity towers above buildings into land cables in an effort to maintain the safety of citizens, and eliminate any risks, as well as improving the service. The recent projects to develop Egypt’s electricity grid have cost the government 483 billion Egyptian pounds, Shaker said in November. The figure does not include the cost of a nuclear power plant Egypt is preparing to build in Dabaa, in the north of the country. Egypt has been heavily investing in its electric power infrastructure in the past three years to overcome acute shortages. More»
Amwal Al Ghad English - 2017-12-31 05:47:38
Egypt's interior ministry announced on Saturday that security forces had raided a hideout belonging to the Hasm terrorist group at a farm on Korayemat road, near Atfih in the Giza province, killing three leading members of the group in a shootout. "The farm was used as a base for plotting and committing terrorist actions and for manufacturing explosives. A cache of weapons and ammunition was seized," the ministry said in a statement. "Under the framework of proactive security efforts against terrorist groups, the ministry had uncovered a plan by Hasm to commit hostile actions that target touristic and other vital facilities, as well as police and armed forces, during Christmas celebrations in an attempt to cause instability and portray a negative image of the security situation in Egypt." Ten other members of that group who are involved in the terrorist plot were caught in the governorates of Fayoum and Qalyubia at locations also containing ammunitions and other tools, which were uncovered by police. The ministry added that information confirmed the involvement of those elements in firing upon security forces on a road near Fayoum, 60km (40 miles) south of Cairo, in July 2017. That attack resulted in the killing of one security member and the injury to another, the statement reads. "Information also revealed that those arrested received training on using arms and manufacturing explosives at a location in Egypt's Western Desert in the Fayoum governorate, where plotters had listed a number of touristic and security spots in preparation for a planned Christmas attack, following the orders of a fugitive Muslim Brotherhood figure in Turkey," the ministry added.The ministry announcement comes one day after a gunman killed several people in an attack on a church in Helwan, south of Cairo, before being shot and captured by police. The interior ministry is beefing up security as Egyptian Coptic Christians, who make up around 10 percent of the country's 93 million population, prepare for Christmas on 7 January. Friday's attacker in Helwan attempted to drive through security forces outside the Mar Mina church armed with a machine gun, ammunition and a bomb that he intended to detonate in the church. The ministry said he killed two people when he opened fire on a shop, before heading to the church where he shot dead seven people, including a policeman. Dozens of Christians have been killed in terrorist attacks on churches and congregations in recent years. Police have deployed 230,000 personnel to protect churches, parks and other vital public institutions during the Christmas season. More»