December 2, 2024 – Al Khaber for Accounting And Auditing Services

Egypt imports 158,700 tonnes of European apples in 2023: Polish Fruit Growers

December 2, 2024

Mirosław Maliszewski, a Member of the Polish Parliament (Sejm) and President of the Polish Fruit Growers Association, reported that Egypt imported approximately 158,754 tonnes of European apples during the 2022/2023 season, valued at €71.785m. Speaking at a conference organized by the “Time for European Apples” campaign, Maliszewski highlighted the stability…

Wadi El Nile Stio Life Sciences to begin kidney filter production in January

December 2, 2024

Wadi El Nile Stio Life Science for medical devices is poised to commence actual production at its kidney filters factory in January 2025. The company secured a nine-year lease for the facility from Nasr Pharmaceutical Chemicals to boost production efficiency, according to Amr Abdel Razek, Chairperson of the company. Abdel…

Minister of Investment discusses ENKA’s expansion plans in Egypt across key sectors

December 2, 2024

Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, held a meeting with Mehmet Tara, Chairperson of ENKA, a leading Turkish company specializing in infrastructure, renewable energy, real estate, and oil and gas. The discussions centred on investment opportunities in Egypt and ENKA’s plans for expansion across various strategic sectors.…

BP CEO meets with Egyptian President, Prime Minister, pledges continued investment

December 2, 2024

Egyptian President Abdel Fattah Al-Sisi and Prime Minister Mostafa Madbouly met separately Monday with Murray Auchincloss, chief executive officer of British Petroleum (BP), to discuss ongoing and future energy investments in Egypt. The meetings, attended by Minister of Petroleum and Mineral Resources Karim Badawi and BP’s Regional President for the…

CBE plans to establish fund to support producers in various sectors: Al-Wazir

December 2, 2024

Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, reiterated Egyptian banks’ commitment to providing the financing necessary for production and industrial facilities. This initiative aims to redirect focus from consumer financing to industrial growth. The Central Bank of Egypt (CBE) is preparing to establish…

Madbouly reviews Egypt’s wheat procurement strategy

December 2, 2024

Egypt’s Prime Minister Mostafa Madbouly chaired a meeting Monday to review the country’s wheat procurement strategy. The meeting, attended by key ministers and agency heads, focused on ensuring sufficient wheat supplies to meet the needs of Egypt’s growing population. Attendees included Minister of Finance Ahmed Kouchouk, Minister of Supply and…

Saudi Egyptian Developers unveils first phase of Bleu Vert in New Capital with EGP 8.7bn investment

December 2, 2024

Saudi Egyptian Developers (SED) celebrated the delivery of the first phase of its premium residential project, Bleu Vert, located in the New Administrative Capital. This milestone was marked by a special ceremony for clients, with the total investment in the project estimated at EGP 8.7bn. Spanning 70 feddans, Bleu Vert…

AUC receives record $30m gift, renames business school after Onsi Sawiris

December 2, 2024

The American University in Cairo (AUC) has received a $30m donation, the largest philanthropic gift in its history, to bolster its business school. In recognition of the gift from the Sawiris family, AUC will rename the school the Onsi Sawiris School of Business. The donation, facilitated by the NNS Foundation,…

UNEP, CEDARE to host landmark environmental policy meeting in Cairo

December 2, 2024

The second roundtable meeting of the African Forum of Environment Protection Agencies (AFEPA) is set to take place from 3 to 5 December at the United Nations Environment Programme’s Regional Office for Africa (UNEP-ROA) and the Africa Sustainability Programme of the Centre for Environment and Development for the Arab Region…

Egypt celebrates completion of women’s empowerment programme in Upper Egypt

December 2, 2024

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, attended the closing ceremony of a social and economic empowerment programme for girls in Upper Egypt. The programme, implemented by the Egypt Foundation for Integrated Development (El Nidaa) in partnership with the Coptic Evangelical Organization for Social Services and…

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Day: December 2, 2024