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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        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        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 - 2017-04-06 08:21:25
A translation error in US President Donald Trump's speech on military cooperation between Egypt and the U.S. during President Abdel Fattah al-Sisi's recent visit to Washington on Monday caused confusion among the Egyptian press. At the beginning of his speech, Trump spoke of the United State's support for Egypt, confirming that Egypt and the United States will fight terrorism together and will be friends for a long time. He demonstrated the importance of this support by addressing the great military potential of the United States, saying that he will raise the US military's capabilities to the highest levels through major deals for aircraft, aircraft carriers and warships. More»
Amwal Al Ghad English - 2017-04-06 08:09:52
Egypt has strongly condemned what it described as the indiscriminate bombardment of Khan Sheikhoun town in Syria's northwestern Idlib province, which resulted in the death and injury of hundreds on Tuesday. In a statement the Egyptian foreign ministry said that the painful and unacceptable images of the massacre reaffirm the necessity of reaching a political solution to end the crisis in Syria, in light of the international community decisions and UN Security Council Resolution 2254, as well as the Geneva Conventions. At least 72 civilians, among them 20 children, were killed in Tuesday's attack in rebel-held Khan Sheikhun, and dozens more were left gasping for air, convulsing, and foaming at the mouth, doctors said. More»
Amwal Al Ghad English - 2017-04-05 09:22:25
Egypt and the United States will fight terrorism together and will be friends for a long time, said U.S. President Donald Trump. In the bilateral meeting, Trump said he has felt close to Egyptian President Abdel Fattah al-Sisi since their first meeting before the U.S. presidential elections. Trump praised what he called the great work of Sisi under difficult circumstances. More»
Amwal Al Ghad English - 2017-04-04 12:03:55
U.S. President Donald Trump has signalled a new era in the US-Egypt relations, pledging years of tepid relations will now give way to a "great bond" between the two nations. The US president reunited with President Abdel Fattah al-Sisi for talks ranging from collaboration against the Islamic State terror group to bolstering Egypt's flailing economy. In Trump, al-Sisi sees new opportunity after years of lukewarm relations with Barack Obama. "This is my first state visit to the United States since my inauguration and this is the first visit in eight years for an Egyptian president to the United States," al-Sisi said. Obama never invited the Egyptian leader to the White House and Egypt's government was repeatedly admonished over its human rights record. Obama even briefly suspended some US military aid. It is the second meeting for Trump and al-Sisi. Reflecting on their first encounter in New York shortly before the general election, Trump said al-Sisi was someone "very close to me". al-Sisi praised Trump on Monday for his "unique personality" and said that after their first meeting "I bet on you", the latter being comments he made in Arabic that were not translated. For Egypt, the objective is clear: Help us help you. In recent months, US and Egyptian officials have sought to stress commonalities. Like Trump, al-Sisi believes he can eradicate radical Islamic extremism. "Together, we will fight terrorism and other things and we're going to be friends for a very, very long time," Trump said, citing a "great bond with the people of Egypt". al-Sisi vowed to work with the US "to counter this evil ideology that is claiming innocent lives, that is bringing devastation to communities and nations and that is terrorizing the innocent people". Since the military overthrew Egypt's first post-revolution president, the popularly-elected Mohamed Morsi, a Muslim Brotherhood member, al-Sisi has cracked down on political Islamists. He has also has taken a heavy hand on Egyptians who deemed his presidency illegitimate, often relegating human rights concerns to national security. But al-Sisi’s government believes its success in fighting radicalism depends critically on US aid. Egypt is among the top recipients of US military and economic assistance, but the aid is being evaluated as part of the Trump administration's push for dramatic budget cuts to diplomacy and development. Trump has vowed to work closely with Arab allies in the fight against IS. As a neighbour to the Hamas-controlled Gaza Strip, Libya and Sudan, maintaining stability in Egypt is a high priority, but it has sometimes been a relationship from which the US receives little in return and Trump has said he will not tolerate imbalances in other partnerships, as with China and many European allies. More»
Amwal Al Ghad English - 2017-04-04 11:47:50
Egypt received some unsettling news after President Abdel Fattah al-Sisi’s upbeat visit with U.S. President Donald Trump: Gains in private sector economic activity reversed course in March, suggesting the economy hasn’t yet turned the corner despite painful austerity measures and currency reform. Analysts had said a cordial White House visit would help to validate the Egyptian leader’s war on Islamists and measures he promoted to boost an economy that’s struggled since longtime leader Hosni Mubarak was overthrown in 2011. Al-Sisi, eager to keep about $1.5 billion in annual U.S. aid intact, received a warm welcome on Monday from Trump, who said he’s “done a fantastic job in a very difficult situation.” The tone was a sharp departure from the one taken by the Obama administration, which had been critical of Al-Sisi’s deadly crackdown on Islamists and other opponents, and had never hosted him in Washington. But the economic news drove home the challenges the Egyptian president still faces. The Emirates NBD Purchasing Managers’ Index showed that economic activity for the country’s non-oil private sector reversed course in March, ending three months of gains by dropping to 45.9 in March from 46.7 in February. The New Orders sub-index slipped to 43.8 from 44. Readings below 50 indicate the economy is contracting. Takes Time “Although the economy’s re-balancing process is proceeding as one would expect -- evident through a narrowing in the trade deficit and higher FX reserves -- it will take some time before this translates into stronger growth momentum,” Tim Fox, head of research and chief economist at Emirates NBD, said in a statement. Gains in the December through February period had suggested that the government had begun to see positive results from its Nov. 3 decision to lift foreign-exchange controls and raise fuel prices, moves that sealed a $12 billion International Monetary Fund (IMF) loan. Foreign investments are up and net foreign reserves rose to a six-year high of $28.5 billion at the end of March. Yet the latest PMI reading showed the private sector was still struggling with other consequences of the reforms: a pound that lost half of its value relative to the dollar and more expensive raw materials. Consumer prices surged after the pound was floated, with annual core inflation topping 33 percent in February, although month-on-month inflation slowed. Businesses have passed on those costs to consumers in the North African nation, who aren’t comforted by officials’ assurances that the hardships were expected and will pass. About half of Egypt’s 92 million people live near or below the poverty line. More»
Amwal Al Ghad English - 2017-04-04 08:34:56
Egypt's Cabinet approved on Monday a national health insurance draft law and referred it to the legislative committee at the State Council for legal review, health minister Ahmed Emad said at a press conference. The health minister said that according to the law, the government will fully cover treatment for citizens who cannot afford to pay, who comprise 30-40 percent of the population. Emad said that the new law will also guarantee a certain standard for quality of medical service, state news agency MENA reported. More»
Amwal Al Ghad English - 2017-04-04 08:25:32
Egyptian President Abdel Fattah al-Sisi has ended a two-hour meeting with U.S. President Donald Trump, where the two announced they would be cooperating in the fight against terrorism. Sisi praised Trump's unique personality and stressed Egypt's support of the United States in the fight against terrorism, to which Trump said, "we will do that together." The Egyptian president is set to meet on Tuesday with Jordan's King Abdullah II in Washington. He is also planned to meet with U.S. Secretary of State Rex Tillerson as well as members of Congress, the Middle East News Agency (MENA) reported. More»
Amwal Al Ghad English - 2017-04-04 08:20:46
Maragha Prosecution in Sohag ordered on Sunday remanding into custody one policeman and seven other suspects for four days pending investigation into illegal excavations in search for relics under one of the houses in Maragha. Major General Mostafa Moqbel, Sohag security chief, was notified that one of the suspects was excavating at his house to look for antiquities. Upon raiding the house, a hole of two-meter's diameter was found under the staircase. Tools used for digging and four potteries were found, which were revealed to be archeological pieces. More»
Amwal Al Ghad English - 2017-04-04 08:15:17
Egypt's President Abdel Fattah al-Sisi will meet with Pope Francis, who will arrive in Egypt on April 28. The Catholic pope will take part in a ceremony at which he and Sisi will give a speech. There will also be a meeting with Al-Azhar Grand Sheikh Ahmed al-Tayyeb. He is scheduled to deliver another speech at the world peace conference organised by Al-Azhar. More»
Amwal Al Ghad English - 2017-04-04 08:09:57
The Shura Council of the Muslim Brotherhood group will hold a meeting this weekend to vote on a document to reconcile with the current regime in exchange for the Brotherhood's return to political and social life, as was the case under former president Hosni Mubarak. The group said the document will come into effect following the vote. This document was prepared by a committee composed by Acting Supreme Guide, Mahmoud Ezzat, and was published on the group official website. The document acknowledges that many international powers reject the Brotherhood's return to any sort of authority in Egypt. More»