October 18, 2025 – Al Khaber for Accounting And Auditing Services

Egypt’s Emdad, Saudi Arabia’s EMC launch joint industrial partnership

October 18, 2025

During the Third Saudi International Iron and Steel Conference 2025, Emdad Industries—the industrial arm of Egypt’s El Tholathia Group—announced the signing of a strategic partnership with Saudi Arabia’s EMC Company to channel joint investments in the fields of industry and advanced manufacturing. The partnership includes the establishment of two integrated…

Egypt seeks to strengthen economic, trade, and investment relations with Greece: Finance Minister

October 18, 2025

Egypt’s Minister of Finance, Ahmed Kouchouk, affirmed the country’s commitment to strengthening bilateral cooperation with Greece, focusing on the exchange of expertise and policy dialogue in fiscal management, tax and customs system development, and joint investment promotion. Speaking during his meeting with Greek Finance Minister Kyriakos Pierrakakis on the sidelines…

Health ministers adopt ‘Cairo Call to Action’ to tackle breast cancer across Eastern Mediterranean

October 18, 2025

Health ministers from across the Eastern Mediterranean Region on Tuesday formally adopted the Cairo Call to Action on Breast Cancer during the 72nd session of the World Health Organization’s Regional Committee for the Eastern Mediterranean (WHO EMRO), marking a landmark regional commitment to enhance prevention, early detection, and treatment of…

Egypt, IFC discuss expanding private sector financing, advancing State Ownership Policy Document

October 18, 2025

Investment and Foreign Trade Minister Hassan El-Khatib and Planning, Economic Development and International Cooperation Minister Rania Al-Mashat held a joint meeting with Makhtar Diop, Managing Director of the International Finance Corporation (IFC), a member of the World Bank Group, on the sidelines of the IMF and World Bank Annual Meetings…

We look forward to expanding US investments in Egyptian economy: Kouchouk

October 18, 2025

Finance Minister Ahmed Kouchouk affirmed Egypt’s commitment to strengthening the participation and investments of American companies in the Egyptian economy amid improving macroeconomic indicators. Speaking at a meeting with the American Chamber of Commerce on the sidelines of the IMF and World Bank Annual Meetings in Washington, D.C., Kouchouk said…

Egypt, Maersk discuss cooperation in green energy, shipping, and Gaza reconstruction

October 18, 2025

Egyptian President Abdel Fattah Al-Sisi met on Saturday with Robert Mærsk Uggla, Chairperson of Denmark’s A.P. Moller–Maersk Group, to discuss expanding cooperation in maritime transport, logistics, and green energy projects, the presidency said in a statement. The meeting was attended by Prime Minister Mostafa Madbouly, Suez Canal Authority Chairperson Osama…

HDB conducts cyberattack simulation in collaboration with Google Mandiant

October 18, 2025

The Housing and Development Bank (HDB) has conducted a tabletop exercise simulating a cyberattack, in collaboration with Google Mandiant, a global leader in cybersecurity and incident response. The exercise aimed to assess the efficiency and effectiveness of the bank’s cybersecurity incident response plans and the readiness of its teams to…

Suez Canal Bank signs EGP 30m credit facility with Oliv

October 18, 2025

Suez Canal Bank and Oliv have announced the signing of a credit facility agreement worth EGP 30m to finance small and medium-sized enterprises (SMEs). Oliv is the first Egyptian company licensed by the Financial Regulatory Authority (FRA) to provide digital factoring services dedicated to SME financing. The agreement comes as…

NBE inaugurates first branch in Saudi Arabia

October 18, 2025

The National Bank of Egypt (NBE) has announced the inauguration of its first branch in Saudi Arabia, following the Saudi Central Bank’s approval for the bank to commence operations through its new branch in Riyadh. Mohamed El-Etreby, Chairperson of NBE, said the opening of the Riyadh branch represents a key…

Credit facilities for top 100 borrowers reach EGP 1.4trn in March 2025: CBE

October 18, 2025

The Central Bank of Egypt (CBE) reported that outstanding credit facilities extended to the top 100 corporate borrowers across the public and private sectors reached EGP 1.4trn in March 2025, reflecting a growth rate of 27.7%, compared to 41.8% in March 2024. According to the CBE, six key sectors accounted…

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: October 18, 2025