October 23, 2024 – Al Khaber for Accounting And Auditing Services

Egypt aims to localise pump manufacturing in cooperation with Turkey’s Turbosan

October 23, 2024

During his visit to the Turbosan Pump factory in Turkey, Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny met Sadat Oglu, the Chairperson of Turbosan Pump, to explore opportunities for transferring and localizing the pump manufacturing industry needed for water and sewage projects, as well as the possibility of…

Egypt partners with foreign firms to enhance local marble manufacturing

October 23, 2024

Mohamed Aref, Chairperson of the Egyptian Association of Marble and Granite Industry and Head of the Quarry and Marble Division at the Cairo Chamber of Commerce, stated that the government has taken significant steps to develop the marble industry, including entering into partnerships with foreign companies to establish marble factories…

Tax Authority addresses challenges faced by Indian companies in Egypt

October 23, 2024

Rasha Abdel Aal, the Chairperson of the Egyptian Tax Authority, reaffirmed the authority’s dedication to engaging with tax and civil society institutions to resolve their challenges. This commitment was demonstrated by the authority’s swift response to the Indian consulate’s invitation to discuss and address the obstacles faced by Indian companies…

GAFI, World Bank discuss Egypt’s 2025-2030 FDI Strategy

October 23, 2024

The General Authority for Investment and Free Zones (GAFI) hosted a comprehensive workshop to discuss the strategic directions document, which serves as a roadmap for developing the 2025-2030 foreign direct investment (FDI) strategy. According to a statement from GAFI, this workshop aligns with the implementation of decisions from the Supreme…

PFI Asset Management to run GIG Insurance’s funds

October 23, 2024

PFI Asset Management, a subsidiary of Post for Investment, has contracted to manage two GIG Insurance Company funds, namely the cash and stock funds. The company’s strategy aims to provide diverse investment products that meet the needs and goals of all investors, whether individuals, financial institutions or companies. The company…

Egypt, Niger discuss cooperation in health sector

October 23, 2024

Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, received his counterpart, Garba Hakimi, Minister of Health of Niger, as part of enhancing cooperation in various health care fields. The meeting was held within the activities of the second edition of the Global Congress on…

Egyptian FM meets with Russian, Brazilian counterparts on BRICS Summit Margins

October 23, 2024

Egyptian Foreign Minister and Minister Badr Abdelatty, met with his Russian and Brazilian counterparts on the sidelines of the BRICS summit in Kazan, Russia, on Wednesday. During a meeting with Russian Foreign Minister Sergey Lavrov, Abdelatty discussed a range of bilateral cooperation issues, including joint development projects, and expressed concern…

Egypt’s Finance Minister advocates for innovative financing to alleviate Africa’s debt burden

October 23, 2024

Egypt’s Finance Minister, Ahmed Kouchouk, emphasized the necessity of intensified efforts to boost Africa’s economic transformation, supported by international partners and the private sector. He highlighted the need for African countries to adopt more consistent, integrated economic policies focused on stability, investment, and attracting private sector involvement and international partnerships.…

Egypt’s Al-Sisi, Iran’s Pezeshkian meet on margins of BRICS Summit

October 23, 2024

Egyptian President Abdel Fattah Al-Sisi met with Iranian President Masoud Pezeshkian on the sidelines of the BRICS summit in Kazan, Russia on Wednesday. A statement from the Egyptian presidency said the two leaders agreed on the importance of joint efforts to explore avenues for developing bilateral relations. They also exchanged…

BRICS leaders call for reform of international order at Kazan Summit

October 23, 2024

Leaders of the BRICS nations, meeting in Kazan, Russia, on the second day of their summit, called for a rebalancing of the international order and a greater role for developing countries in global governance. The expanded Wednesday meeting, chaired by Russian President Vladimir Putin, saw the participation of Egypt’s…

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Day: October 23, 2024