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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        

Egypt News

Egyptian Travel Agents elect new Association Board Today

Published 2015-01-27 10:34:08| Ahmed El Damrdash

Egyptian Travel Agents Association (ETAA) will hold its ordinary general assembly today to elect a new board of directors for 2015-2019. The board of directors which manages ETTA consists of fifteen members two thirds of them are elected by the general assembly while the remaining third is appointed by the Egyptian minister of tourism. ETTA's board of directors regulates its work and the policy making. In addition, board of directors determines the relationship with authorities, agencies and departments related to the tourism industry. ETAA's board of directors supervises the branches all over Egypt and coordinates with them. Moreover, 52 candidates are competing to win the membership of 7 positions in ETAA and 77 candidates nominating to win 30 positions as representative for general assembly of ETAA.
International News
Greece and its creditors veered toward confrontation as its new, leftist government pledged to make good on promises to reverse years of public-spending cuts despite warnings from Berlin and other European capitals that doing so could plunge the country, and Europe, into deeper crisis. Europe’s political establishment sought to show respect for the will of the Greek people on Monday while also swiftly moving to douse hopes in Athens that it would substantially relax the country’s bailout terms, which many Greeks blame for their economy’s deep malaise. “There are rules, there are agreements,“ German Finance Minister Wolfgang Schäuble said of the framework for Greece’s financial rescue. “Whoever understands these things knows the numbers, knows the situation.” Europe’s resolute response is driven in part by concern that such a step would invite other bailout recipients, including Portugal and Ireland to demand similar concessions and further erode the eurozone’s credibility. Alexis Tsipras, the leftist firebrand who was sworn in as Greece’s new prime minister on Monday, said he would give his all “to protect the interests of the Greek people.” The rhetorical jockeying underscores the challenges facing European and Greek leaders in the weeks ahead. The gulf between the new governing coalition and the country’s European creditors is so wide that some policy makers see a Greek exit from the euro as a possibility in the coming months. Syriza surged to victory on Sunday by promising Greeks that it would reverse many of spending cuts and labor-market reforms that Athens’s creditors have demanded of it in return for aid. Mr. Tsipras also has also called for Greece’s creditors — a group that includes the European Central Bank, other European Union countries and the International Monetary Fund — to forgive about one-third of the country’s more than €300 billion ($338 billion) in debt.
President Barack Obama will fly a 30-member delegation, including top officials and respected Republican foreign policy veterans, to Riyadh on Tuesday to meet Saudi Arabia's new King Salman as the crisis in neighboring Yemen continues to boil. The hastily scheduled trip to pay respects following the death last week of King Abdullah underscores a strengthening U.S.-Saudi alliance that extends beyond oil interests to regional security. Cutting short a three-day trip to India, Obama's visit comes as Washington struggles with worsening strife in the Middle East and counts Saudi Arabia among its few steady partners in a campaign against Islamic State militants who have seized swathes of Iraq and Syria. Obama is slated to arrive in Riyadh at 3:25 p.m local time (1225 GMT), and will leave around four hours later. Following Abdullah's death last Friday, Obama will try to get relations off to a smooth start with Salman, who takes power after a period of sometimes tense relations between Washington and Riyadh. Obama will bring with him Republican elder statesmen James Baker, secretary of state in the George H.W. Bush administration, Republican Senator John McCain who leads the Senate Armed Services committee, and several other Republican foreign policy leaders from past administrations. Baker is revered among Gulf Arabs, particularly in Saudi Arabia and Kuwait, for his role in orchestrating the alliance against Saddam Hussein in 1990-91. YEMEN HEADACHE The U.S. security headache worsened last week with the take over of Yemen's government by Iran-backed rebels - a setback to U.S. efforts to contain al Qaeda militants there and to limit the regional influence of Shi'ite Iran. The Yemen government's collapse will be of deep concern to Saudi Arabia because of the long border they share and because of the advance of Iran, Sunni Saudi Arabia's main regional rival. Saudi Arabia's role in rallying Arab support for action with Western countries against Islamic State militants has won praise in Washington, which with other Western nations also values the kingdom as an important market for defense equipment. The leaders are likely to discuss Syria, Iran and oil prices, said Simon Henderson, an expert on U.S.-Saudi relations at the Washington Institute for Near East Policy. "The most interesting question for President Obama will be whether King Salman and his team of advisers have an order of priority that differs from King Abdullah's," Henderson wrote in a comment on Monday. IMPATIENCE WITH WASHINGTON Despite an alliance between the two countries that has long been a cornerstone of U.S. Middle East policy, Riyadh has made clear its impatience with the Obama administration's failure to do more to oust Syrian leader Bashar al-Assad and its anxiety over U.S.–led efforts to negotiate a nuclear deal with Iran. This added to a sense among Saudi rulers that Obama was neglecting old Arab allies, most notably with the U.S. abandonment of Egyptian President Hosni Mubarak when he was toppled by mass protests in early 2011. Saudi Arabia remains unhappy with Obama’s resistance to large-scale U.S. arming of the mainstream Syrian rebels. The booming domestic energy sector has the United States less reliant on Saudi oil supplies. But the kingdom’s willingness to keep oil output high despite tumbling global oil prices has bolstered the U.S. economy and U.S. efforts to pressure oil producers Russia and Iran with economic sanctions. Still looming, however, is the prospect of a nuclear deal with Iran, which would be major legacy achievement for Obama but which Saudi Arabia worries could help strengthen Tehran’s influence in the region. U.S.-Saudi relations improved after Obama made a fence-mending visit to Riyadh last March. Obama's Secretary of State John Kerry and CIA Director John Brennan will be part of Tuesday's delegation, as will top Obama advisers Susan Rice and Lisa Monaco. Other Republicans in the large delegation will include Brent Scowcroft, national security adviser to Presidents Gerald Ford and George H.W. Bush, and Condoleezza Rice, secretary of state for President George W. Bush. Also included are former national security advisers Sandy Berger of the Clinton administration and Stephen Hadley from the George W. Bush White House.