March 11, 2026 – Al Khaber for Accounting And Auditing Services

CI Capital, TMG launch EGP 8bn real estate investment fund targeting Madinaty

March 11, 2026

CI Capital Holding, through its subsidiary CI Capital PE for Fund Management and Investment (CIPE), has partnered with Talaat Moustafa Group (TMG) to launch a new real estate investment fund under the name Awaed Real Estate Fund, with a target size of EGP 8bn. The fund will focus on investing…

Egypt’s Chambers of Commerce hold emergency meeting to assess impact of regional crisis

March 11, 2026

The Federation of Egyptian Chambers of Commerce (FEDCOC) held an emergency meeting of its High Committee for Crisis Operations to assess the potential economic repercussions of escalating geopolitical tensions linked to the military confrontation between the United States and Iran. According to Ahmed El Wakil, president of the federation, the…

Egypt’s petroleum minister reviews nationwide airborne minerals survey

March 11, 2026

Egypt’s Petroleum and Mineral Resources Minister Karim Badawi held a meeting with the board of the Mineral Resources and Mining Industries Authority, chaired by Yasser Ramadan, to review ongoing work plans following the authority’s transformation into an economic body, a move aimed at strengthening the mining sector and gradually increasing…

Egypt’s investment minister meets sugar producers to review market conditions, boost investment

March 11, 2026

Mohamed Farid Saleh, Minister of Investment and Foreign Trade, held a meeting with officials from sugar production companies in Egypt to review current market conditions. The discussions also focused on strengthening the balance between domestic production and consumption and developing balanced mechanisms for import and export through appropriate trade policy…

Egypt’s planning, housing ministers review investment plan through 2030

March 11, 2026

Egypt’s Minister of Planning and Economic Development, Ahmed Rostom, and Minister of Housing, Utilities and Urban Communities, Randa El-Menshawy, held an expanded meeting to review the outlines of the investment plan for fiscal year 2026/2027 and the medium-term investment strategy for 2026-2030. The meeting comes as part of ongoing coordination…

IEA to release record 400 million barrels of oil to counter Middle East war impact

March 11, 2026

The International Energy Agency (IEA) has agreed to release 400 million barrels of emergency oil reserves in its largest collective drawdown on record, as governments move to contain a surge in energy prices fuelled by war in the Middle East. IEA Executive Director Fatih Birol stated on Wednesday that the…

Egypt aims to boost oil, gas output with horizontal drilling, fracking

March 11, 2026

Egypt is seeking to increase oil and natural gas production by expanding the use of horizontal drilling and hydraulic fracturing technologies, the presidency said after a meeting chaired by President Abdel Fattah Al-Sisi. Al-Sisi discussed the plans with Prime Minister Mostafa Madbouly and Petroleum Minister Karim Badawi, according to presidential…

MNT-Halan targets EGP 30bn in securitization, bond issuances in 2026

March 11, 2026

Founder and CEO of MNT-Halan, Mounir Nakhla, said the company is operating under exceptional geopolitical conditions, noting that these developments coincide with its ongoing expansion and investments across four key markets: Egypt, Turkey, Pakistan, and the United Arab Emirates. Nakhla said the group’s companies continue to deliver strong operational and…

Egypt prepares to extend Universal Health Insurance to Minya in second phase

March 11, 2026

Egypt is preparing to extend its universal health insurance system to the governorate of Minya as part of the programme’s second phase, a move expected to bring coverage to more than six million residents, the health ministry said. Health Minister Khaled Abdel Ghaffar chaired a meeting of the system’s coordination…

Abdelatty chairs inter-ministerial meeting to resolve Egyptian expat concerns

March 11, 2026

Egypt is set to introduce a range of incentives and practical solutions to address the concerns of citizens living abroad, including reforms to customs procedures and university admission policies, following a high-level inter-ministerial meeting on Wednesday. Foreign Minister Badr Abdelatty hosted the coordination meeting, which included Minister of Education Mohamed…

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Day: March 11, 2026