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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 - MENA News

Amwal Al Ghad English - 2017-11-30 08:52:13
French President Emmanuel Macron said on Wednesday he would draw up a list of extremist organisations to convey to Saudi Arabia after its crown prince pledged to cut their funding. Saudi Arabia finances groups overseen by the Mecca-based Muslim World League, which for decades was charged with spreading the strict Wahhabi school of Islam around the world. Saudi Crown Prince Mohammed bin Salman is seeking to modernize the kingdom and cleave to a more open and tolerant interpretation of Islam. “He never did it publicly, but when I went to Riyadh (this month), he made a commitment, such that we could give him a list and he would cut the financing,” Macron said during an interview with France 24 television. “I believe him, but I will follow up. Trust is built on results,” Macron added. The crown prince has already taken some steps to loosen Saudi Arabia’s ultra-strict social restrictions, scaling back the role of religious morality police, permitting public concerts and announcing plans to allow women to drive next year. The head of the Muslim World League told Reuters last week that his focus now was aimed at annihilating extremist ideology. “We must wipe out this extremist thinking through the work we do. We need to annihilate religious severity and extremism which is the entry point to terrorism,” Mohammed al-Issa said in an interview. Macron, speaking from Abidjan, said he had also sought commitments to cut financing of extremist groups from Qatar, Iran and Turkey. The French leader will make a quick trip to Doha on Dec. 7, where he will discuss regional ties and could sign military and transport deals, including the sale of 12 more Rafale fighter jets. Qatar has improved its ties with Iran since Saudi Arabia and other Arab states boycotted it over alleged ties to Islamist groups and its relations with Tehran. Macron said he still intended to travel to Iran next year, but wanted to ensure there was a discussion and strategic accord over its ballistic missile program and its destabilization activities in several regional countries. More»
Amwal Al Ghad English - 2017-11-30 08:47:09
Qatar Investment Authority (QIA), one of the world’s largest sovereign funds, may invest in local real estate development Katara and national carrier Qatar Airways as it supports local projects, its chief executive was quoted as saying. “Katara is in the pipeline and Qatar Airways could be the next one,” the Gulf Times quoted Sheikh Abdullah bin Mohamed bin Saud al-Thani as saying in a speech late on Wednesday. Katara is a major real estate development in Doha which includes theatres, galleries and restaurants and venues. Qatar’s economy has been hit this year by an economic boycott imposed by other Arab states on Doha in June. Sheikh Abdullah did not clarify his plans for Qatar Airways. The airline is already owned by the government, so his comments may have referred to a fresh injection of capital into Qatar Airways, whose business has been hurt by the boycott. He said QIA was trying to form a strategy to support many state organisations. Other Gulf countries such as Saudi Arabia are also mobilising their sovereign wealth funds to aid the domestic economy as low oil prices pressure state finances. “We will be supporting them financially, we will support them in their organisations, provide them human capital,” Sheikh Abdullah was quoted as saying. He referred to a “new strategy” for allocating QIA’s money that allowed it to cope with crises such as the boycott and also to seize new business opportunities. “This allows you to move your liquidity from one place to another,” he said. In the months after the boycott, QIA deposited billions of dollars in Qatari banks to offset the imapct of the other Arab states withdrawing money from them. More»
Amwal Al Ghad English - 2017-11-29 08:20:48
France said it wanted the United Nations Security Council to consider imposing targeted sanctions on human traffickers operating in Libya after a video appearing to show African migrants sold as slaves sparked global outrage. Several members of the 15-member Security Council expressed their horror at the video during a meeting on Tuesday, requested by France, to discuss human trafficking in Libya. The footage broadcast earlier this month by CNN showed what it said was an auction of men to Libyan buyers as farmhands and sold for $400 each. More»
Amwal Al Ghad English - 2017-11-29 08:14:34
Shelling killed three people in the last major rebel stronghold near Damascus on Tuesday shortly before the UN Syria envoy said the government had agreed a ceasefire there.Russia had on Monday proposed a ceasefire in the besieged Eastern Ghouta area on Nov. 28-29. U.N. Syria envoy Staffan De Mistura later said Russia had told him that the Syrian government had accepted the idea, but he added “we have to see if it happens”. More»
Amwal Al Ghad English - 2017-11-26 09:56:03
At least 31 migrants have died after their boat capsized off the coast of Libya on Saturday. They had been trying to cross the Mediterranean along with another boat. Children were among the dead. Some 60 people were rescued from the water and 140 picked up from the second boat. More»
Amwal Al Ghad English - 2017-11-26 09:15:32
Lebanese Prime Minister Saad al-Hariri that he would not accept Iran-backed Hezbollah’s positions that “affect our Arab brothers or target the security and stability of their countries”, a statement from his press office said on Saturday.The statement did not specify which countries he meant. Hariri announced his resignation from his post on Nov. 4 in a televised statement from Saudi Arabia, a Sunni monarchy and regional powerhouse locked in a confrontation with Shi‘ite Iran. Hezbollah is fighting alongside Syrian President Bashar al-Assad in Syria. Gulf monarchies have accused the Shi‘ite group of also supporting the Houthi group in Yemen and of backing militants in Bahrain. Hezbollah denies any activity in Yemen or Bahrain.Hariri’s resignation pitched Lebanon to the forefront of a regional power tussle this month between Saudi Arabia and Iran, which backs Hezbollah. The two regional powers back competing factions in Iraq, Syria, Lebanon and Yemen. After returning to Lebanon this week, he shelved the decision on Wednesday at the request of President Michel Aoun, easing a crisis that had deepened tensions in the Middle East. Following his announcement, made on Lebanon’s independence day, hundreds of Hariri supporters packed the streets near his house in central Beirut, waving the blue flag of his Future Movement political party. On Saturday, he said that his decision to wait instead of officially resigning is to give a chance to discuss and look into demands that will make Lebanon neutral and allow it to enforce its “disassociation” policy. “Disassociation” is widely understood in Lebanon to mean its policy of staying out of regional conflicts. The regional role played by the Hezbollah political and military movement has greatly alarmed Saudi Arabia, Hariri’s long-time ally. More»
Amwal Al Ghad English - 2017-11-26 08:41:15
Moscow “advised” Damascus that it needs to discuss both the constitution and election files and the political principles for a solution in Syria during the upcoming round of talks in Geneva next Tuesday, after a successful Syrian opposition meeting in Riyadh this week. Damascus bets on Tehran and Beijing to switch the current focus on the reconstruction and the fighting against terrorism in order to postpone any settlement in Syria. On Saturday, Saudi Arabia welcomed the results of the second expanded meeting of Syrian Opposition figures that was held in Riyadh. More»
Amwal Al Ghad English - 2017-11-25 10:37:11
The Trump administration backtracked Friday on its decision to order the Palestinians’ office in Washington to close, instead saying it would merely impose limitations on the office that it expected would be lifted after 90 days. Last week, U.S. officials said the Palestine Liberation Organization mission couldn’t stay open because the Palestinians had violated a provision in U.S. law requiring the office to close if the Palestinians try to get the International Criminal Court to prosecute Israelis. The move triggered a major rift in U.S.-Palestinian relations that threatened to scuttle President Trump’s ambitious Mideast peace effort before it ever got off the ground. Yet the United States delayed shuttering the office for a week while saying it was working out the details with the Palestinians, before abruptly reversing course late Friday, as many Americans were enjoying a long Thanksgiving Day weekend. State Department spokesman Edgar Vasquez said the United States had “advised the PLO Office to limit its activities to those related to achieving a lasting, comprehensive peace between the Israelis and Palestinians.” More»
Amwal Al Ghad English - 2017-11-25 09:31:58
The US has welcomed the decision made by the Arab Coalition to Support Legitimacy in Yemen on reopening the port of Hodeida and Sana'a Airport to receive relief and humanitarian aid for the Yemeni people.The agency quoted a White House press statement as saying that the implementation of the measures announced will ensure the arrival of relief and humanitarian materials to the Yemeni people, and enable relief organisations to carry out their basic work in this regard. More»
Amwal Al Ghad English - 2017-11-25 08:54:48
Syria’s fragmented opposition agreed at a meeting in the Saudi capital Riyadh to form a single bloc to negotiate with President Bashar al-Assad, giving a boost to a Russian-led diplomatic drive to end the 6 1/2 year civil war.“We have agreed with the other two branches” of the opposition “to send a united delegation to take part in direct negotiations in Geneva” comprising 50 members, Bassma Kodmani, a leader of the High Negotiations Committee, the main anti-Assad group, said early Friday after two days of talks, Saudi-owned Al Arabiya reported. The United Nations next week will convene a new round of peace negotiations in the Swiss city as Russia, which turned the war in Assad’s favor with a military intervention since 2015, accelerates efforts to end a conflict that’s killed 400,000 people and displaced millions. While U.S. President Donald Trump’s predecessor Barack Obama had demanded the Syrian leader step down, the administration now says Assad’s departure isn’t a precondition for talks to end the war even if it sees no political future for him. More»