February 28, 2026 – Al Khaber for Accounting And Auditing Services

Egypt’s balanced fiscal policies lowered debt, inflation: Deputy Finance Minister

February 28, 2026

Egypt’s balanced fiscal policies have contributed to reducing debt and inflation rates while driving economic activity, Deputy Minister of Finance for Fiscal Policy Yasser Sobhy said. Speaking at the first Africa Finance Summit, Sobhy stated that financial stability remains a fundamental pillar for economic growth and improving citizens’ living standards.…

Egypt explores expanded water cooperation with OIC Islamic Network

February 28, 2026

Egypt’s Minister of Water Resources and Irrigation Hani Sewilam met with Marwan Al-Raqad, Executive Director of the Islamic Network on Water Resources Development and Management under the Organization of Islamic Cooperation (OIC), to discuss ways of strengthening cooperation in water management, the ministry said in a statement. During the meeting,…

OPEC+ to consider larger oil supply hike after US and Israeli strikes on Iran

February 28, 2026

The OPEC+ alliance is set to consider a larger-than-expected increase in oil supplies during its meeting on Sunday, according to a delegate, following US and Israeli air strikes on targets inside Iran. The potential shift in production strategy comes as military escalation threatens global energy flows. Israel’s Energy Ministry has…

Gemblat discusses ways to develop Military Production companies

February 28, 2026

Salah Suleiman Gemblat, Minister of State for Military Production, held a meeting to discuss a plan to develop various military products as well as the production lines of Military Production companies, in the presence of a number of representatives from the Scientific Excellence Centre, the technical sectors, and the research…

Multiple proactive scenarios to secure local market’s gas needs: Petroleum Minister

February 28, 2026

Karim Badawi, Minister of Petroleum and Mineral Resources, inspected the National Natural Gas Grid Control Centre (NATA) at the headquarters of the Egyptian Natural Gas Company (GASCO) on Saturday, to follow up on the implementation of the plan to secure natural gas supplies and ensure the regular flow of gas…

Cabinet approves expansion of concessional financing initiative for priority industries

February 28, 2026

Egypt’s Cabinet has approved the expansion of its concessional financing initiative for priority industrial sectors, launching a second phase that broadens the range of eligible industries and activities, according to a joint statement by the Ministry of Finance and the Ministry of Industry. Ahmed Kouchouk, Minister of Finance, and Khaled…

CBE Governor reviews anti-inflation strategy with Deputy PM

February 28, 2026

Hassan Abdalla, Governor of the Central Bank of Egypt, held talks at the bank’s headquarters with Hussein Eissa, Deputy Prime Minister for Economic Affairs, to discuss areas of coordination between monetary and economic policymaking. The meeting reviewed key indicators of the Egyptian economy and highlighted recent improvements in overall economic…

Finance Ministry plans to issue local debt instruments worth EGP 1.044trn by March

February 28, 2026

The Ministry of Finance has disclosed plans to issue tenders for local debt instruments totalling EGP 1.044trn in March 2026, as part of a plan published on the ministry’s official website. The plan includes issuing tenders worth EGP 2.703trn in the third quarter (Q3) of fiscal year 2025/2026, to repay…

Opinion | How IMF Approval Shields Egypt’s Economy from Market Volatility

February 28, 2026

The recent approval by the Executive Board of the International Monetary Fund (IMF) of Egypt’s fifth and sixth programme reviews represents a decisive moment for the country’s economic trajectory. Beyond its immediate financial value, the decision serves as a renewed international endorsement of Egypt’s reform path and a critical safeguard…

Suez Canal Bank, Alameda partner to integrate premium banking, healthcare services

February 28, 2026

Suez Canal Bank has signed a cooperation protocol with Alameda Healthcare Group, one of Egypt’s largest integrated healthcare providers, aimed at strengthening integration between premium banking solutions and high-quality medical services for High-Net-Worth (HNW) and Privé clients. The partnership reflects the bank’s strategy to broaden its suite of non-financial services,…

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Day: February 28, 2026