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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        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        Canal Shipping Agencies   7.39        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        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 - 2017-12-31 05:40:36
Cairo Criminal Court has sentenced Islamist former president Mohamed Morsi and 18 others to three years in prison for "insulting the judiciary." The court handed its sentences to 14 defendants, including Morsi and Brotherhood figures Saad El-Katatny and Sobhi Saleh, who were present in court. Fugitive Salafist preacher Wagdy Ghoneim and Al-Gamaa Al-Islamiya leader Assem Abdel-Maged were also handed the same sentences among others, in absentia. Morsi was also ordered to pay a EGP 1 million ( approximately $56,270) as a fine. The defendants were convicted of “insulting and cursing the judiciary and its judges using publications and statements to TV and radio stations, as well as social media, using statements that carry slurs and hatred to courts and judicial authority.” Since his ouster and arrest in 2013, Morsi has faced a number of trials on charges that include conspiring with foreign powers- including Hamas, Lebanon's Hizbullah and Iran's Revolutionary Guards- to destabilise Egypt. He has had a life sentence upheld against him by Egypt’s Court of Cassation last September in what is known as the "Qatar espionage case." The court also ordered ordered that five defendants in the case, which includes leftist activist Alaa Abdel-Fattah and academic and liberal activist Amr Hamzawy, pay a fine of 30,000 Egyptian pounds (approximately $1,688). No prison terms were handed to them by the court. Abdel Fattah al-Sisi is already serving a five year prison term over his participation in an illegal protest in 2013. The sentences can still be appealed. More»
Amwal Al Ghad English - 2017-12-30 07:06:44
Two unidentified gunmen killed eleven people as they opened fire early Friday on a church south of Cairo, ahead of Coptic Christian celebrations next week, Egypt's state TV and health ministry said.Islamic State claimed responsibility for the attacks, in a statement carried out by its Amaq news agency, though it provided no evidence for the claim.Security forces shot dead one of the assailants in an exchange of fire outside the church of Mar Mina in Helwan district while the other assailant has been captured, state TV and state news agency MENA said. Health ministry spokesman Khaled Megahed told state television that nine people, including a Muslim and eight Christians, had been killed, in addition to the gunman, and five injured. Those wounded include two women in critical condition, he added. State TV aired footage of the assailant's body, showing a bearded man wearing an explosive vest lying on the ground as crowds gathered. The interior ministry said in a statement in the afternoon that it arrested an attacker on a motorcycle who attempted to drive through security forces outside the church armed with a machinegun, 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. The arrested attacker is an active terrorist who has carried out a number of terrorist attacks targeting police and civilians, the statement added. Cairo's security chief and a number of security officials visited the scene of the attack earlier Friday. Friday's attack took place as Egyptian Coptic Christians, who make up 10 percent of the country's 93 million population, make preparations to celebrate Christmas on 7 January. Islamist militants have killed dozens of Christians in bombings and shootings in recent years. Security forces have beefed up security around churches ahead of the Coptic celebrations, deploying policemen to guard churches and installing metal detectors at some larger churches. More»
Amwal Al Ghad English - 2017-12-30 07:02:52
Egyptian President Abdel Fattah al-Sisi received a phone call from Saudi Crown Prince Mohammed Bin Salman late Thursday in which the two leaders discussed Egyptian-Saudi ties and means to bolster mutual cooperation, Sisi's office said in a statement. Sisi and Crown Prince Salman, who is also the Saudi defence minister, discussed recent developments in the region as well as joint efforts to face regional challenges, the statement added. Saudi Arabia is one of Egypt's closest regional allies. More»
Amwal Al Ghad English - 2017-12-28 06:41:29
Spokesperson for the Swiss Federal Department of Foreign Affairs Noémie Charton told Ahram Online on Wednesday that Hosni Mubarak "did not hold assets in Switzerland," confirming a statement made three days earlier by the former Egyptian president's lawyer. Mubarak’s lead defence lawyer Fareed El-Deeb reiterated on Sunday that his client has never possessed assets in Switzerland, saying this has been unequivocally proven by a statement released by the Swiss Federal Council last week. El-Deeb was referring to a part of the council's statement which reads: "In the Egyptian context, the freeze dates back to 2011 and covers an initial amount of approximately $700 million. In keeping with the preventive nature of the measure, however, the fact of being listed in the ordinance on frozen assets does not necessarily mean that the persons concerned hold assets in Switzerland. In particular, this was not the case with former president Hosni Mubarak." El-Deeb issued a lengthy statement on Sunday detailing in chronological order the developments in the case of Mubarak's assets since his 2011 ouster. "There is no doubt that this conclusive statement from Swiss authorities decisively stresses what we have always stressed, that there are no overseas assets of any kind owned by President Mubarak," he said. "It also confirms [...] that he has never undergone judicial prosecution in any country in the world." Mubarak was tried for multiple charges in Egypt over the past years while in detention following his toppling. The 89-year-old was set free last March. The Swiss Federal Council has lifted an asset freeze imposed since 2011 on assets owned by Egyptians in Switzerland. The "realistic prospects of the restitution of these assets no longer exist within the framework of mutual legal assistance," the council said. More»
Amwal Al Ghad English - 2017-12-28 06:34:58
The Grand Imam of Al-Azhar Sheikh Ahmed El-Tayeb expressed felicitations on Wednesday to Egypt's Coptic Orthodox Pope Tawadros II for the upcoming Christmas celebrations during a visit to the Coptic Cathedral in Abbasiya on Wednesday. El-Tayeb urged Muslim and Christian clerics in Egypt to promote national cohesion in the face of extremism that uses false religious beliefs, according to a statement by Al-Azhar, the world’s foremost institution of Sunni Islamic learning. Coptic Orthodox Christians, who comprise the majority of Egypt's Christians, celebrate Christmas on 7 January, almost two weeks after most Western denominations, including Catholics and Protestants, hold their celebrations on 25 December. A number of top Muslim leaders accompanied the senior cleric during the visit. Pope Tawadros told the grand imam that Egypt will remain undeterred by attempts to undermine the unity of the Egyptian people. "These attempts will eventually fail," the pontiff said. Tawadros stressed during the meeting that the unified stance of Al-Azhar and the Coptic Orthodox Church in rejecting the US decision to recognise Jerusalem as Israel’s capital underlines the concord between the two religious entities. "We were united over the matter without talking" about it, Tawadros added. More»
Amwal Al Ghad English - 2017-12-28 06:30:19
In a meeting held by the Egyptian parliament's committees on foreign affairs and defence and national security on Wednesday, the head of Egypt's State Information Service (SIS) Diaa Rashwan said that there should be a dialogue and intensive contact between Egyptian MPs and US Congress members on issues related to Copts and human rights in Egypt. Rashwan said six Congress members received last week a memorandum from a US-based organisation called Coptic Solidarity, which claimed that there is systematic discrimination against Copts in Egypt by the government under President Abdel Fattah al-Sisi's administration. "As a result, a hearing session was held by Congress with some members expressing concern over what they called increased attacks on Coptic Christians in Egypt," said Rashwan. A number of US media outlets have reported that on 21 December, some Congress members adopted a resolution titled "Expressing concern over attacks on Coptic Christians," which received strong bipartisan support. Rashwan said that "what is strange about this resolution is that it is based on incorrect and misguided information, and that no Egyptian officials were invited to respond to the accusations levelled by the Coptic Solidarity organisation." "Everybody knows that Egyptians – Muslims and Christians – have become a target of terrorism in recent years and that allegations about government discrimination against Copts are entirely unfounded," said Rashwan. More»
Amwal Al Ghad English - 2017-12-27 06:49:48
Egyptian military personnel have been deployed on Tuesday to assist police in protecting public institutions and facilities as well as places of worship and major traffic ways in several governorates during Christmas celebrations. Security patrols, military police personnel, and rapid deployment forces have been stationed in vital areas and at joint checkpoints with police forces. Egyptian Christian churches have been repeatedly targeted by terrorist attacks in recent years. Coptic Orthodox Egyptians, who make up 90 percent of all Christians in the country, celebrate Christmas on 7 January, though a minority of Christians observe the holiday on 25 December. Christians make up about 10 to 15 percent of Egypt’s 90 million people. More»
Amwal Al Ghad English - 2017-12-26 13:46:12
Egypt says the World Bank should be brought in to resolve ongoing tensions with Ethiopia over a massive dam on the Nile River that Egypt says threatens its water security. Egyptian Foreign Minister Sameh Shoukry spoke Tuesday in Addis Ababa after a 10-month impasse over the dam's technical negotiations. The talks also involve Sudan. Shoukry calls the World Bank "neutral and decisive" and says "science should be the determining factor" in resolving the issue. Ethiopia says the Grand Renaissance Dam's construction will not reduce Egypt's water share. Ethiopian Foreign Minister Workneh Gebeyehu says his country will consider Egypt's proposal and that "this dam is not going to cause any significant harm." The dam, now 63 percent complete, will be the biggest hydro-electric plant in Africa. Ethiopia's leader is expected to visit Egypt next month. More»
Amwal Al Ghad English - 2017-12-26 06:32:59
Egypt's President Abdel Fattah al-Sisi delegated a number of presidential representatives on Monday to congratulate Christian denominations which celebrate Christmas on 25 December. The representatives were sent to deliver messages of congratulation to the Coptic Catholic, Syriac Orthodox, Roman Catholic and the Episcopal Churches. El-Sisi also sent delegations to the heads of the Maronite, Chaldean and Latin Catholic communities. While Coptic Orthodox Egyptians, who make up 90 percent of all Christians in the country, celebrate Christmas on 7 January, a minority of Christian Egyptians observe the holiday on 25 December. The Egyptian Coptic Orthodox Church also sent delegates to congratulate other Christian communities on Christmas on Monday. Egypt's interior ministry is implementing a high-security plan involving 230,000 police personnel to secure the country's Christmas celebrations. The security plans includes churches, public parks, vital state institutions, and touristic sites. More»
Amwal Al Ghad English - 2017-12-26 05:55:50
Russian Foreign Minister Sergei Lavrov said on Monday that Moscow supports Egypt's "firmness" in facing terrorism, indicating that strategic relations between the two countries are developing by the day. Lavrov said in an interview with Russia Today that consultations are ongoing between military experts in both countries in light of the increasing terror threat in the region. The Russian minister also mentioned strategic cooperation projects between Egypt and Russia, such as the construction of Egypt's first-ever nuclear power plant at Dabaa on the north coast and plans to establish the Russian industrial zone in Egypt's Suez Gulf area. Earlier this month, Egyptian President Abdel Fattah al-Sisi and his Russian counterpart Vladimir Putin attended the signing of an agreement officially launching work on the Dabaa plant. Days after the visit, the transport ministers of both countries signed in Moscow protocols for resuming commercial flights between Moscow and Cairo in the first half of February 2018. Flights between Russia and Egypt were halted in 2015 following the crash of a Russian passenger jet in Sinai that killed all 224 people on board. More»