January 29, 2024 – Al Khaber for Accounting And Auditing Services

Japan celebrates 70th anniversary of start of Japanese official development aid to Egypt in 1954: Ambassador

January 29, 2024

Ambassador Oka Hiroshi, Ambassador of Japan to Egypt, praised the distinguished bilateral relations between Cairo and Tokyo, noting that the current year witnesses the celebration of the 70th anniversary of Japanese development cooperation with Egypt, which began in 1954, as well as the 50th anniversary of the establishment of the…

India marks 75th Republic Day amid unprecedented momentum in Indian-Egyptian relations

January 29, 2024

In the field of commerce and trade, Egypt has traditionally been one of the most important trading partners of India in Africa, according to the Indian Ambassador to Egypt, Ajit Gupte on the occasion of the celebration of the 75th Republic Day of India. “Our bilateral trade was approximately $6bn…

FRA gives 3-month notice to technology-based insurance brokerages to comply with new regulation

January 29, 2024

The Board of Directors of the Financial Regulatory Authority (FRA) has issued Resolution No. 280 of 2023. The decision gives insurance brokerage companies that use technology in their business model a three-month notice to comply with the provisions of the Authority’s Board of Directors Resolution No. 215 of 2023. Resolution…

Egypt’s International Cooperation Minister attends Italian-African Summit in Rome

January 29, 2024

Minister of International Cooperation Rania Al-Mashat arrived in Rome, Italy on Sunday to attend the Italian-African Summit on behalf of President Abdel Fattah Al-Sisi. The summit takes place on 28-29 January. Al-Mashat will deliver Egypt’s speech, in which she will highlight the cooperation in the field of energy, the security…

Investment in stock market helps preserve value of savings: EGX Chairperson

January 29, 2024

The Egyptian Exchange Chairperson Ahmed El-Sheikh stressed the importance of investment in the stock market as a vital step to preserve the financial value of savings. Speaking at the second session of the program “Egyptian Cultural Institutions” under the theme “Invest Right,” at the “Diwan Al-Shoar” hall in the Cairo…

LMD & Imdaad- Misr Enter into an Agreement to Provide FM Advisory and Integrated Services for Two of LMD’s Projects

January 29, 2024

LMD, Egypt’s fast-growing developer of premium-quality real estate has announced a strategic collaboration with Imdaad-UAE, one of the top 10 facility management companies in the Middle East, bringing Imdaad-Misr to the facility management market in Egypt. Imdaad-Misr, the regional subsidiary of the Dubai-based group of integrated Facilities Management (FM) companies…

Egypt eyes bonds in UAE dirhams, rupees, dollars to diversify debt portfolio

January 29, 2024

The Egyptian government is exploring the issuance of bonds denominated in Emirati dirhams, Indian rupees, and Hong Kong dollars, in a bid to broaden its financing options and attract global investors. This diversifying strategy aims to tap into new markets and currencies, potentially securing lower borrowing costs. Egyptian Finance Minister…

UAE’s defence giant EDGE appoints Hamad Al Marar as new CEO, eyes global expansion

January 29, 2024

EDGE Group, one of the world’s fastest-growing advanced technology and defence groups, has announced the appointment of Hamad Al Marar as its new Managing Director & CEO, effective February 1st. Al Marar, a seasoned leader with deep expertise in the UAE’s defence industry, takes over from Mansour AlMulla, who returns…

Saudi Arabia’s decision to halt Egyptian strawberry imports is regulatory, not ban: Ministry of Agriculture

January 29, 2024

The Egyptian Ministry of Agriculture and Land Reclamation clarified that Saudi Arabia’s decision to stop importing strawberry crops from Egypt and other countries is a regulatory measure that aims to balance the supply and demand in the Kingdom’s internal market. The decision is not a ban or a rejection of…

Damen unveils 2024 strategy to transform electronic payment industry, foster financial inclusion

January 29, 2024

Damen, a leading electronic payments company, has revealed its ambitious strategy for 2024. The company’s vision is to transform the way people make digital transactions, launch initiatives to increase financial inclusion, and spearhead technological innovation, thus contributing to the economic development of the Egyptian market. Sami El Mallah, the CEO…

M	T	W	T	F	S	S
1	2	3	4	5	6	7
8	9	10	11	12	13	14
15	16	17	18	19	20	21
22	23	24	25	26	27	28
29	30	31

Day: January 29, 2024