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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 - 2018-01-17 06:37:30
Egypt's Al-Azhar, the world's foremost institution of Sunni Islamic learning, is holding an international conference on Wednesday that will be attended by officials from 86 countries to discuss the issue of Jerusalem. The conference, which will be held on 17 and 18 January at Al-Azhar Conference Centre in Cairo, will highlight a number of issues including “raising awareness about the issue of Jerusalem and emphasising its Arab and Islamic identity,” according to a statement by Al-Azhar. The event, which comes under the auspices of Egyptian President Abdel Fattah al-Sisi, will be held nearly one month after a decision by U.S. President Donald Trump decision to recognise Jerusalem as the capital of Israel. The conference will be attended by the head of Egypt's Coptic Orthodox Church Pope Tawadros II, Palestinian President Mahmoud Abbas, as well as the heads of Arab Islamic and Christian organisations. The conference will tackle three main themes; affirming Jerusalem’s Arab status, raising awareness about the Jerusalem issue, and highlighting the international community's responsibility regarding the holy city. The event, which will be led by Grand Imam of Al-Azhar Sheikh Ahmed El-Tayyeb, is expected to conclude with several recommendations that support the Palestinian cause and stress the rights of Palestinians to establish an independent state with Jerusalem as its capital. “The conference will also discuss preserving Islamic and Christian holy sites in Jerusalem in addition to a number of measures and decisions that will educate young people about the issue of Jerusalem, its history and its holy sites,” the statement added. Following Trump's decision on Jerusalem, which sparked protests in several Arab countries, Egypt presented a draft resolution to the Security Council on behalf of Arab countries that would have required the US to reverse its decision. The resolution was vetoed by the US, though it gained support from all 14 other members of the Security Council, including key US allies Britain, France, Italy, Japan and Ukraine. A total of 128 countries later voted in the UN General Assembly in favour of a resolution condemning Trump's decision and calling on the US to reverse the move. Egypt has consistently maintained its full support for a two-state solution along the 1967 borders with East Jerusalem as the capital of the Palestinian state. More»
Amwal Al Ghad English - 2018-01-16 06:33:20
Egypt’s President Abdel Fattah al-Sisi has hailed the accomplishments of late president Gamal Abdel-Nasser on the occasion of his 100th birthday, saying that he exerted his utmost efforts to ensure Egypt's well-deserved regional and international status. In a televised speech on Monday, Sisi said Nasser- who was born on 15 January,1918-  the Egyptian nation’s ability to carry out independent economic development and to defeat poverty and ignorance. “Egypt today celebrates the birth of Gamal Abdel-Nasser whose life-journey embodied the people's hopes for independence and dignity," said Sisi "He expressed those hopes with devotion and pride. That's why the Egyptian people have continued to hold him in high regard, even after his death, and his name remains a symbol of the people's hopes for controlling their destiny." Sisi added that the late president worked hard during his period in office, operating within the limitations and requirements of his era. “Abdel-Nasser’s influence extended to inspiring the revolutions of national liberation, not only in the Arab region, but globally, because the struggle of the Egyptian people under his leadership was inspirational and motivational to liberation movements in Africa, Asia, and Latin America,” Sisi said. Egypt became a symbol of principles of national dignity, independence, and non-alignment in political foreign policy, Sisi added. The late president believed in the Egyptian people’s ability to accomplish national self-development, said Sisi, as well as fighting poverty, ignorance and disease, which were the result of centuries of foreign occupation and the exploitation of the resources and riches of Egypt, and of other nations. “He gave special importance to achieving social justice, to provide the vast majority of the nation with opportunities for a decent life,” Sisi said. Born in Alexandria to a family which hailed from Upper Egypt's Assuit, Nasser remains a symbol of dignity, pan-Arabism, and social justice for millions around the Arab world. Nasser and the Free Officers movement led the 23 July, 1952 revolution that toppled the British-backed monarchy in Egypt. He served as president until his death on 28 September, 1970. In his speech on Monday, Sisi said that the Egyptian state continues to devote efforts to accomplishing the country’s higher interests, with the security of the nation and its territories among it's main goals, along with prosperity for a population which grew since Nasser's era from 20 million in 1952 to the current figure of 100 million. More»
Amwal Al Ghad English - 2018-01-16 06:25:51
Mohamed Anwar El-Sadat, the former MP and head of the human rights committee in the Egyptian parliament, announced in a press conference on Monday that he will not run in the upcoming presidential elections, which are set for March, citing "indicators of the electoral scene not being reassuring". In a press conference at the Heliopolis headquarters of the Reform and Development Party, of which he is chairman, El-Sadat said he took his decision after "much consideration and examination of reality", adding that the decision to not continue in his presidential bid was "reached regrettably". "I continue to play my part in defending the issues, concerns and problems of citizens and their rights and freedoms. I do that with an undying hope in a better future that we will live one day when there is a different environment and a belief in popular will and the right of people to determine their fate and participate in governance,” he said. El-Sadat explained his decision was not an individual one but was based on the desire of "many who had confidence in me and my vision for the future and necessary reform." The nephew of the late president Anwar El-Sadat praised the efforts of his campaign staff, who have been working for several months to collect donations from businessmen and signatures of endorsement from the public to make his nomination official. “However, it seems that all of this was not enough and would not be effective without faith and conviction in democracy and the idea of peaceful transition of power and that a president will not stay in power forever,” El-Sadat said. He stressed that the general atmosphere was not conducive to a fair competition, especially with what he described as other "state-led campaigns collecting signatures for President Sisi ahead of the official start of the nomination process." The National Electoral Authority (NEA), the body which regulates the election process, announced last week that it will receive applications for candidacies from 20 January until 29 January. 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. So far around 500 members of parliament– out of 596 in total– have signed recommendations in support of current Egyptian President Abdel Fattah al-Sisi running for a second term as president. On Sunday, the NEA said that the number of endorsements for different presidential hopefuls had reached around 250,000, as of Sunday afternoon. According to the authority, there were signatures of support for 21 names. Sisi has not yet officially announced his intention to run in the spring elections. However, several others have announced their candidacies for president, including prominent rights lawyer Khaled Ali, former army chief-of-staff Sami Anan, and lawyer and Zamalek Sporting Club chairman Mortada Mansour. Ali is currently appealing a 3 month prison sentence he received in 2017 for offending public decency. Ali could lose eligibility for becoming a candidate for president if he loses the appeal. The 2018 elections are the first to be supervised by the recently-established NEA, the independent authority with the sole responsibility for supervising general elections and referendums in Egypt. More»
Amwal Al Ghad English - 2018-01-15 07:00:45
In response to Muslim Brotherhood-affiliated media reports that have tried to undermine the relationship between Egypt and Kuwait, Egyptian Foreign Ministry Spokesman Ahmed Abu Zeid said that Egypt deeply appreciates its strong relations with the state and people of Kuwait in the face of various challenges the countries are facing. Earlier this month, the MB-affiliated satellite channel Mekameleen TV aired an audio recording allegedly of a telephone call between an intelligence officer and TV host Azmi Megahed, during which the latter receives instructions to attack Kuwait. The call also included insults against people from the Gulf. Abu Zeid warned against the danger of paying attention to attempts by the Muslim Brotherhood to alienate and damage Egypt’s relations with its Arab brothers. He added that the policy of the Foreign Ministry is to not comment on reports like these which only reflect the desperation of those who issue them. However, the Foreign Ministry said it would like to reiterate its position on the State of Kuwait and its brothers from the Gulf countries known for its support to Egypt and respect for the will of its people. More»
Amwal Al Ghad English - 2018-01-15 06:54:10
The Misr al-Qawya (Strong Egypt) student movement launched a campaign under the slogan “In search for foothold” to collect signatures aiming to support the presidential candidate Khaled Ali ahead of elections in March. “The movement organised numerous workshops in January that ended with summoning the general assembly on holding an internal vote calling on the Khalid Ali campaign to participate in collecting the signatures. The result ended with 69.3 percent approving while 30.7 percent were against,” said a statement released by the movement. The statement added that the campaign will be launched in the universities to collect students’ signatures aiming to support Ali’s right to run for the presidential elections. The students further clarified that they will release the final stance concerning the presidential elections after having collected signatures and after evaluating to which extent the electoral process is expected to be fair. More»
Amwal Al Ghad English - 2018-01-14 11:48:46
Egypt’s parliament officially approved on Sunday a cabinet reshuffle including new ministers for local development and tourism. However, Sherif Ismail, will stay in his post in the coming cabinet reshuffle. The reshuffle is according to the sources necessary due to the low performance of some ministers in the last period. More»
Amwal Al Ghad English - 2018-01-14 06:04:18
Egypt’s Health Ministry said on Saturday that 12 people were injured in a car crash after a car collided with a microbus on the Regional Ring Road in front of the county's New Administrative Capital City. Official spokesman of the Health Ministry Khaled Megahid said that six ambulances were rushed to the scene immediately after the accident, and transferred the injured to the National Bank of Egypt Hospital in Cairo. He pointed out that the injuries ranged from suspected fractures of the spine, leg and forearm, brain hemorrhage, bruises and abrasions to various parts of the bodies. He added that all hospital staff, medical kits, medicines, supplies, and blood bags are available in the hospital, and all the injured received treatment and care. More»
Amwal Al Ghad English - 2018-01-14 05:57:26
Egyptian MP, chairman of Zamalek Sporting Club, and high-profile lawyer Mortada Mansour announced on Saturday during a phone call with TV presenter Ahmed Moussa that he intends to run in Egypt’s upcoming presidential elections, scheduled for 26-28 March. The 65-year-old Mansour said he will start collecting endorsements starting Sunday. Hopeful 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. Candidates must submit their applications to the National Elections Authority between 20 and 29 January. Mansour is the third to announce his intention to run for president in 2018, after former Egyptian Army Chief-of-Staff Sami Anan and leftist lawyer and labour activist Khaled Ali. President Abdel Fattah al-Sisi, whose first term ends in June, has not declared his intention to run. However, over 500 MPs, including House speaker Ali Abdel-Aal, have signed endorsements supporting his candidature.El-Sisi received nearly 97 percent of the vote in the 2014 presidential elections, a two-man contest with leftist politician Hamdeen Sabahi. Mansour had announced his intention to run in the 2014 presidential elections, later withdrawing and backing Sisi. More»
Amwal Al Ghad English - 2018-01-13 07:37:13
Egypt's President Abdel Fattah al-Sisi has started via his Facebook page the third round of the "Ask the President'' initiative, where he personally responds to questions and suggestions by citizens. The president is receiving questions and suggestions between 10 and 15 January, the Facebook page announced. The initiative was initially launched in April 2017 during the third national youth conference in Ismailia governorate, where the president received 172,000 questions from citizens on all aspects of political, economic and social life in Egypt. The president responded to the questions in a closed televised broadcast at the National Youth Conference. The second edition of the initiative took place on the sidelines of the fourth National Youth Conference in Alexandria last July, where the president responded to a handful of questions out of a total 300,000. The initiative classifies questions by category, with the last edition including Egypt's war on terrorism and the country's stance towards nations that support terrorist activity, economic and social safety nets, as well as Egypt's economic reform programme. The president's Facebook page states that the initiative reflects the president's keenness to directly communicate with all Egyptians and build bridges of trust and dialogue between citizens and the political leadership. Since assuming office in 2014, President Sisi has sponsored and attended four national youth conferences organised in different governorates, with the aim of directly communicating with Egypt's youth. The first national youth conference was held in Cairo in December 2016. The second youth conference was held in January 2017 in Aswan and tackled challenges facing Upper Egypt, including ways to develop the economy and tourism of the region as well as socially and politically empowering the youth. More»
Amwal Al Ghad English - 2018-01-13 07:33:18
The Subcommittee on Political Matters, Human Rights and Democracy of the Association Agreement between Egypt and the European Union held its fifth session in Cairo on 10-11 January 2018, according to a joint press release on Friday. The meeting was jointly chaired by Ambassador Raouf Saad, chairman of the National Bureau for the Implementation of the Association Agreement at Egypt's Ministry of Foreign Affairs, and by Colin Scicluna, acting managing director of the Middle East and North Africa section of the European External Action Service, which serves as the foreign ministry of the EU. The meeting took place as Egypt and the EU are launching a new level of dialogue and cooperation on an array of projects within the framework of the mutually-signed Partnership Priorities 2017-2020, according to the release. Representatives from the EU and Egypt discussed the Middle East peace process, the situations in Syria, Libya and the wider Arab region, peace and security in Africa, Nile water resources and the non-proliferation of weapons of mass destruction. Both sides presented ways to further promote dialogue and cooperation, including in multilateral fora, towards attaining peace and stability in the Mediterranean and beyond. The parties also addressed cooperation in the areas of human rights, democracy, the rule of law and fighting corruption, acknowledging both positive steps and remaining challenges faced by both sides in achieving concrete progress in line with constitutional and international obligations. Both sides recognized that some differences of view on certain issues are a natural part of constructive dialogue among partners, but emphasized the necessity of strengthening dialogue and cooperation on all matters of mutual interest. More»