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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

Egypt main pillar for security in MENA: French defence minister tells Sisi


Published 2016-09-26 08:41:54| Amwal Al Ghad English

France appreciates Egypt’s pivotal role as a main pillar for security and stability in the Middle East and North Africa (MENA) region, French defence minister Jean-Yves Le Drian told Egypt’s President Abdel-Fattah al-Sisi at a Cairo meeting Sunday. Egyptian presidency spokesman Alaa Youssef said the meeting, also attended by Egypt’s defence minister Sedki Sobhi, witnessed a discussion on the latest developments in the region including the Syrian and Libyan civil conflicts. The Egyptian president stressed on importance of joint international efforts to reach political solutions for these crises. Sisi also praised the strategic partnership between Egypt and France, especially in the military field, and agreed with the French defence minister that the two countries should intensify ongoing efforts to combat terrorism. Le Drian stressed that Egypt was one of France’s most important partners among the Middle East and Mediterranean countries. Earlier this month, Egypt raised its flag atop a Mistral-class warship that Cairo bought from France in 2015. The ship is the second of its kind sold by France to Egypt, with the first – named after late Egyptian president Gamal Abdel-Nasser – delivered in June to Alexandria from the French city of Toulouse. The contract for the two Mistral aircraft carriers, which was finalised in September last year, was valued at 950 million euros, according to AFP. The deal is part of several defence contracts Egypt has signed with France, with the European country now topping the list of countries that have signed military supply agreements with Egypt during the term of President Sisi.
International News
China switched on the world's largest radio telescope Sunday, officially launching its mission to hunt for extraterrestrial life and explore space. The Five-hundred-meter Aperture Spherical Telescope (FAST) was launched in a mountainous region of China's Guizhou province, according to state media outlet Xinhua, 17 years after the project was first proposed by Chinese astronomers and more than five years after work began on the $180 million structure. According to a Xinhua report in August, 8,000 people were moved from their homes to make room for FAST, which is the size of 30 football pitches and made up of 4,450 panels. The displaced villagers were due to be compensated with cash or new housing and offered jobs in tourism or support services around the FAST project, as part of a $269 million relocation budget set aside by the government. Xinhua described FAST as a "super-sensitive 'ear' capable of spotting very weak messages - if there are any - from space." The media outlet said that in a recent trial, FAST had detected high-quality electromagenitc waves sent from a pulsar about 1,351 light-years from Earth.
MENA News
OPEC members and Russia have substantial issues to work out before reaching a deal to limit oil production, but still expect to make progress toward a comprehensive deal, energy ministers said. Algeria’s oil minister, Nourredine Bouterfa, said there was still a chance a deal could be sealed this week when the Organization of the Petroleum Exporting Countries meets on the sidelines of a conference here. But Bouterfa, one of the biggest advocates of new limits on OPEC production, acknowledged that the meeting may produce only “the elements of an agreement.” “We can’t come out empty-handed,” Bouterfa said, warning that oil prices could drop from $45 a barrel today back into the $30s if OPEC fails to come to terms this week. Bouterfa’s comments Sunday signaled that even if OPEC fails to reach a deal this week, the 14-nation cartel will continue talking about curbing production this fall as it heads into its next official meeting in Vienna on Nov. 30. OPEC Secretary General Mohammad Barkindo said a week ago that the meeting was for consultations only, not for a decision. He later clarified that the cartel could reach a deal later if a consensus emerged. Delegates in the cartel have said the Algiers meeting is aimed at starting discussions they hope will lead to an agreement at the formal OPEC meeting in Vienna.