amwalalghad :: News

Your English Portal To Arab Economy

GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        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        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        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        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        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        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Egyptian Transport (EGYTRANS)   7.85        Sharkia National Food   3.78        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        Gharbia Islamic Housing Develo   8.41        General Company For Land Recla   16.6        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        

Egypt News

Al-Jazeera Team Did "Devil's" Work, Says Egyptian Judge

Published 2014-07-24 09:31:44| Amwal Al Ghad English

An Egyptian judge released his reasoning for harsh sentences issued against three Al-Jazeera journalists, saying they were brought together "by the devil" to destabilize the country. The main evidence cited in the 57-page document obtained by The Associated Press on Wednesday was footage produced by the journalists that included voices critical of the government and showed the turmoil in Egypt after the overthrow of Islamist President Mohammed Morsi last summer, as well as interviews with families of those killed in the crackdown on Morsi supporters. The reasoning was released a month after judge Mohammed Shehata convicted and sentenced the three journalists, Australian correspondent Peter Greste, Egyptian-Canadian acting Bureau Chief Mohammed Fahmy and Egyptian producer Baher Mohammed, to seven years over charges linked to aiding the Muslim Brotherhood, which the government declared a terrorist organization after the military's ouster of Morsi, a Brotherhood leader. The verdicts raised a storm of international denunciations, including from the United States. Rights groups called the trial a "sham" that sends a chilling message to the press. The defendants and Al-Jazeera denied the charges, saying they were being prosecuted merely for going their jobs. The three were convicted for spreading false information, faking reports to show that the country was on the verge of civil war, and for aiding the Brotherhood's goal in portraying Egypt as a failed state. Mohammed received an additional three years for his possession of a spent bullet. Three other foreign reporters received a 10-year sentence in absentia. Twelve other co-defendants were sentenced to between seven and ten years, some of them in absentia. Under Egyptian law, now that the judge has released his reasoning, the defendants can appeal the verdicts before the Court of Cassation, the highest court of appeal. In his reasoning, the judge stated that the defendants — who worked for Al-Jazeera's English-language channel — broadcast their material through a TV station that works "in the service of a banned terrorist organization," referring to the Brotherhood — a blanket condemnation of the Qatar-based Al-Jazeera. But the document provided no clear link between the Brotherhood and the network, only saying that some members of the group were also operating out of Qatar. Shehata rejected defense lawyers' arguments that evidence put forward by State Security investigators was insufficient and based on anonymous sources. Shehata said he found the evidence compelling, and found no "false allegations or contradictory statements" in investigators' testimony. "The defendants used the noble journalistic work for reasons other than its purposes, turning the profession that seeks the truth to one that falsifies the truth," the statement said. "They were brought together by the devil to abuse this profession and turn it into acts against the nation." In several pages of the reasoning, the judge lay out a detailed account of the evidence cited by investigators. Largely the evidence appears to describe typical reporting. It cites news footage found on the three that included reports from the protest encampments organized following the overthrow of Morsi and interviews with leading members of the Brotherhood and scenes of burials of hundreds killed when the security agencies violently dispersed the gathering in August last year. The evidence also pointed to footage showing dead bodies in a mosque at the center of the encampment and interviews with the mother of one of those killed. The evidence also included footage showing protests by Islamist students in support of Morsi and an interview with their spokesmen vowing to continue their rejection of what they called a military coup. The reports that were part of the evidence also included footage of regular Egyptians complaining of life becoming too expensive, soccer fans complaining that the games have suffered since the turmoil and reports on traffic and sexual harassment in Egypt. The report included no clear evidence that any of the footage was faked. Instead, it cited editing of the reports. The investigators' case, accepted by the judge, presents the footage as part of a conspiracy. Shehata wrote that investigators said that Fahmy set up a media center from his makeshift studio and office in a Cairo hotel to disseminate falsified reports. They accused other defendants — students who were also charged in the case — of forming a separate media center to also feed footage to Al-Jazeera. They accused both groups of receiving orders from the Brotherhood, but none of the evidence in the reasoning appears to support that. In one case, investigators offered a recorded conversation between three people, two of them allegedly defendants in the case, talking in a phone call about cameras they were provided by Al-Jazeera to film events on the ground. With its offices closed in Egypt, Al-Jazeera's Arabic service in particular has largely been relying on user-generated videos for its news reports. The judge's reasoning also said Mohammed, the Al-Jazeera English team's producer, confessed to investigators that Al-Jazeera's central office in Doha told him to present reports that "paint Egypt in a negative light." Fahmy's brother, Adel Fahmy, said the judge's reasoning report lays out a story that authorities "have fabricated without providing any evidence." "This is further proof that the case is politicized," he said. With the release of the judge's reasoning, the defendants have one month to present their appeal, and it is up to the Cassation Court to accept it or not. The court does not rule on the validity of evidence, however, only on whether the judge observed the law and proper procedure in his verdict. The court can order a retrial or uphold the sentences.
International News
The U.N. Security Council expressed serious concern on Sunday at the escalation of violence in the Gaza conflict after meeting to discuss almost two weeks of fighting between Israel and the Islamist Hamas group that has cost more than 400 lives. "The members of the Security Council expressed serious concern about the growing number of casualties. The members of the security council called for an immediate cessation of hostilities," Rwandan U.N. Ambassador Eugene Gasana told reporters, after an emergency meeting of the 15-member council.
The U.S. Federal Aviation Administration said it lifted a ban on American carriers flying into Tel Aviv after reviewing Israeli measures to reduce security risks. Israeli officials had been trying to restore global air connections after U.S. and European regulators advised carriers to avoid Tel Aviv’s Ben Gurion International Airport on Tuesday. The FAA extended the ban another 24 hours on Wednesday. Then, late Wednesday, the FAA said it canceled the ban. “Before making this decision, the FAA worked with its U.S. government counterparts to assess the security situation in Israel and carefully reviewed both significant new information and measures the Government of Israel is taking to mitigate potential risks to civil aviation,” the FAA said in a statement on its website. Israel’s transportation minister said Israel made the Ovda Airport in southern Israel available to carriers that had halted traffic to Tel Aviv. Ovda, about 37 miles north of the beach resort city of Eilat, can handle international flights, but it is currently used primarily by charter airlines, bringing in tourists. No international carrier took up the offer to fly into the airport, a spokeswoman for the Israel Airport Authority said.