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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 - 2018-01-30 06:23:40
Egyptian President Abdel Fattah al-Sisi’s campaign for re-election said it had presented 173,000 citizen endorsements for the president’s candidacy to the National Elections Authority, among other necessary documents to qualify him to run for a second term. In a press conference held at the campaign’s headquarters in New Cairo on Monday evening, campaign spokesperson and legal advisor Mohamed Bahaa El-Din Abu Shoka stated that Sisi's campaign had originally received 915,000 legally valid endorsements but it had decided to submit only 173,000, to allow them to be processed more speedily. "In the 2014 presidential elections our presidential campaign submitted more than 1730,000 endorsements and it took from early morning on that day until 4am of the next day to scan and validate them at the High Elections Committee," Abu Shoka explained. Abu Shoka added that the 173,000 endorsements represent Egypt geographically, as they came from every single village in every administrative centre in the country’s 27 governorates. He said they covered all ages, from 18 years old to 100 years old, including two women who were born in 1918. The well-known lawyer also revealed that the campaign received endorsements from 594 MPs in the House of Representatives, from different political currents and parties. According to the Egyptian constitution as well as the presidential elections law, presidential hopefuls must submit at least 25,000 endorsements from citizens across 15 governorates, or 20 endorsements from members of parliament, to qualify as candidates. During the press conference, Abu Shoka made it clear that Sisi’s presidential campaign depended only on volunteers and that current state officials were not allowed to participate in the campaign in any way. An hour before the deadline for candidates nominations, the Ghad Party leader, Moussa Mostafa Moussa, presented his candidacy documents for Egypt's presidential elections to the NEA, including what he said were 47,000 citizens' endorsements and 26 endorsements from members of parliament. Only Sisi and Moussa have submitted the required documents within the deadline. The NEA will publish the list of individuals who submitted candidacy requests in the state-owned Al-Ahram and Al-Akhbar newspapers on Wednesday, while the final list of those who qualify as candidates is scheduled to be announced on 24 February. Elections are scheduled for March. Sisi, whose current presidential term will end in June, won the 2014 presidential elections in a two-man race with nearly 97 percent of the vote. More»
Amwal Al Ghad English - 2018-01-29 07:21:47
The leaders of Egypt, Ethiopia and Sudan will meet on Monday on the sidelines of the African Union summit in Addis Ababa, Al-Ahram’s Arabic website reported. The meeting is aimed at breaking the deadlock in negotiations over the Grand Ethiopian Renaissance Dam (GERD), Reuters quoted official sources as saying on Sunday. The dam is under construction on the Blue Nile in the Ethiopian highlands. Egypt's President Abdel Fattah al-Sisi arrived in Addis Ababa on Saturday to participate in the 30th Ordinary Session of the Assembly of Heads of State and Government of the African Union, which is taking place from 22 to 29 January. Sisi also chaired a meeting by the Peace and Security Council (PSC), the AU body in charge of maintaining continental peace and security, which Egypt is heading in January. The Egyptian president met on Saturday with his Sudanese counterpart, Omar Al-Bashir, in the Ethiopian capital. Negotiations between the three countries broke down in November over how to conduct technical studies of the dam's potential impact on downstream countries; Egypt approved of the initial report on the issue by European consultancy firms, while Ethiopia and Sudan demanded major amendments to the proposed studies. Last week, Egypt’s Foreign Minister Sameh Shoukry spoke to his Ethiopian counterpart Workneh Gebeyehu by phone to express Cairo's concerns over reports that Addis Ababa rejected Egypt's proposal to involve the World Bank in the stalled technical negotiations. Earlier this month, El-Sisi received Ethiopia's Prime Minister Hailemariam Desalegn in Cairo and stressed the necessity of overcoming any current obstacles in negotiations over the dam. Sisi stressed his "extreme concern" over the lack of progress in the negotiations over the building of Ethiopia's massive dam, though he did express understanding of the developmental goals the east African country aims to achieve via the GERD. The dam, situated near Ethiopia's border with Sudan, is slated for completion this year and expected to generate 6,000 megawatts of electricity. Ethiopia hopes to be able to export electricity generated by the dam, which will be the largest hydroelectric power plant in Africa. Egypt, however, has expressed concerns that the dam might reduce its share of Nile water. Ethiopia maintains that the dam will not have any negative impact on Egypt or Sudan. More»
Amwal Al Ghad English - 2018-01-28 06:46:01
The head of Egypt’s sports club Zamalek and Member of Parliament Mortada Mansour said on Saturday that he will not run the upcoming presidential elections scheduled for March. The controversial MP announced his bid on January 14 with to the privately-owned TV channel Sada El-Balad. During a press conference he held in his house, Mansour extended his thanks to his fellow MPs who signed recommendation forms for him, and people who submitted endorsements for him to run the presidential elections. “The details will be announced in full later, and I will announce the candidate I will support in the next election at the time,” he said. Mansour said he held the press conference in his house and not in Zamalek sports club, as the club has no basic relation to the conference, and secondly because he is feeling ill since a week ago. Egypt’s 2014 constitution stipulates that any presidential hopefuls must collect authorization from either 20 MPs or 25,000 Egyptian eligible voters from a number of governorates. Mansour, considered one of the most controversial public figures in Egypt, has asserted that if elected as the president, his first decision would have been the suspension of Facebook. More»
Amwal Al Ghad English - 2018-01-28 06:24:54
Egypt's President Abdel Fattah al-Sisi arrived in Ethiopia's Addis Ababa on Saturday to participate in the 30th Ordinary Session of the Assembly of Heads of State and Government of the African Union, which is taking place from 22 to 29 January.  Egyptian presidency spokesman Bassam Rady said in a statement that Sisi is set to meet with Angola's new President João Lourenço to discuss boosting bilateral ties as well as the latest developments in Africa and the region. El-Sisi will also chair today a meeting by the Peace and Security Council (PSC), the AU body in charge of maintaining continental peace and security, which Egypt is heading throughout January. The statement said that the meeting would involve discussions of the "comprehensive approach on combating the threat of terrorism in Africa," as terrorism represents a threat that requires strengthened joint African efforts to combat. Sisi will also participate in the New Partnership for Africa's Development (NEPAD) Summit in the AU. NEPAD is a socio-economic development flagship programme adopted by the AU since 2001 with the aim of addressing the challenges of poverty, development and Africa’s marginalisation internationally. The 30th Ordinary Session is being held under the theme “Winning the Fight against Corruption: A Sustainable Path to Africa’s Transformation.”On the sidelines of the summit, Egyptian Foreign Minister Sameh Shoukry held a series of talks with African counterparts in the Ethiopian capital on Thursday and Friday, including the foreign ministers of Ghana, Mali, Zimbabwe, Sudan, Djibouti, Kenya and Malawi. More»
Amwal Al Ghad English - 2018-01-27 07:08:45
Egyptian President Abdel Fattah al-Sisi to travel to Addis Ababa on Saturday for an African Union summit, his spokesman said. During the visit, Sisi will hold a string of bilateral talks with African leaders to discuss mutual ties as well as the latest developments in Africa and the region. The heads of states will also attend a closed session to address the main issues on the summit's agenda, including institutional reforms of the 55-nation bloc, as well as efforts to establish an African free trade zone. The 30th Ordinary Session of the Assembly of Heads of State and Government of the African Union, scheduled from 22-29 January, is being held under the theme “Winning the Fight against Corruption: A Sustainable Path to Africa’s Transformation.” The Egyptian president is also scheduled to head a gathering on cross-border terrorism by the Peace and Security Council (PSC), the AU body in charge of maintaining continental peace and security, which Egypt is heading in January. On the sidelines of the summit, Egyptian Foreign Minister Sameh Shoukry held a series of talks with African counterparts in the Ethiopian capital on Thursday and Friday, including the foreign ministers of Sudan, Djibouti, Kenya and Malawi. More»
Amwal Al Ghad English - 2018-01-25 11:39:17
The Egyptian Meteorological Authority expects cold weather across the country on Friday. Low and medium clouds are expected to be dense in north, accompanied by rain in the northern coast, Lower Egypt, Cairo, north of Upper Egypt, and central Sinai. Northwesterly winds will be active across the country’s northern parts, north of Upper Egypt, Sinai, the Red Sea, and the Mediterranean Sea, causing disruptions to navigation in both seas. Waves in the Mediterranean Sea will be very rough and range between three to four meters high, while waves in the Red Sea will be rough and range between two to three meters in height, with northeasterly surface on both. Maximum temperatures predicted for the following cities are as follows: 25C in Cairo, 15C in Alexandria, 17C in Qena, 17C in Luxor, and 18C in Aswan. More»
Amwal Al Ghad English - 2018-01-25 10:18:03
Egypt's Minister of Health Ahmed Emad has unveiled the first blood derivatives plant in the country, which he described as a “historic leap” following the new integrated healthcare law and the eradication of Virus C.Three global companies have submitted bids for the plant, whose costs are estimated at 6 billion pounds and should be completed within an 18-month time frame, he added. These companies are from Italy, China, and South Korea, the minister told Middle East News Agency (MENA) on Wednesday. The final decision in terms of technicalities will be announced on 11 February, he added. Having a source of plasma is a national treasure that will save the country millions normally paid in importing plasma, Emad revealed. More»
Amwal Al Ghad English - 2018-01-25 07:19:10
One of Egypt’s last candidates in an upcoming presidential election announced he was halting his campaign and withdrawing from the race on Wednesday, saying conditions did not allow for a fair contest. Rights lawyer Khaled Ali said at a news conference in Cairo: “We today announce our decision not to enter this race, and will not present our candidacy papers.” The announcement came a day after Egyptian authorities detained the last serious potential challenger to President Abdel Fattah al-Sisi. More»
Amwal Al Ghad English - 2018-01-25 07:10:54
Egypt's President Abdel Fattah al-Sisi's presidential campaign submitted his presidential candidacy papers to Egypt's National Elections Authority headquarter in Downtown Cairo early Wednesday, Al-Ahram Arabic website reported. The official spokesperson of Sisi's presidential campaign Mohamed Bahaa Abu Shouka presented to the NEA his presidential candidacy papers including public endorsements whether from citizens or from Members of parliaments. According to the Presidential elections law and the Egyptian constitution, presidential Candidates must receive endorsements from a minimum of 20 MPs, or 25,000 citizens from at least 15 governorates, with at least 1,000 endorsements from each governorate. President Abdel Fattah al-Sisi who declared his intentions to run for a second term on Friday is considered the first candidate officially to present his candidacy papers. The Egyptian president is currently attending the celebration of the National Police Day at the Police academy in New Cairo. More»
Amwal Al Ghad English - 2018-01-24 11:16:44
Egyptian President Abdel Fattah al-Sisi officially launched his bid for a second term in office on Wednesday, submitting documents to register as a candidate, state news agency MENA said, a day after his main potential rival was arrested. Sisi, who won an election in a landslide in 2014 after leading the army in ousting Muslim Brotherhood’s Mohamed Morsi a year earlier, becomes the first candidate to register officially for the election set for March 26-28. Candidates must register from January 20 to 29 before a final list of candidates is announced on February 20, according to the election commission. Sisi’s popularity has been damaged by austerity reforms, security problems, and a crackdown on dissidents, his critics say, but he is widely expected to win the election comfortably. The electoral commission has said it will ensure the vote is fair and transparent. Those who have considered challenging Sisi describe a sweeping effort to kill off their campaigns before they begin, with media attacks on candidates, intimidation of supporters, and a nomination process stacked in favour of the former general. Former military chief of staff Lieutenant General Sami Anan, the last challenger seen as a potential threat to Sisi’s re-election, was detained on Tuesday and had his campaign stopped after the army accused him of breaking the law by running for office without permission. Khaled Ali, a rights lawyer who may be disqualified over a pending court case centred on his alleged use of an obscene hand gesture, remains one of the only presidential hopefuls still actively pursuing a bid. Ali’s campaign said it would hold a news conference on Wednesday to announce their “final position” on the presidential elections. More»