April 2026 – Page 19 – Al Khaber for Accounting And Auditing Services

Egypt’s Safaga 2 terminal receives giant cranes as logistics hub project nears completion

April 8, 2026

Egypt has received three giant quay cranes and six yard cranes at the Safaga 2 multipurpose terminal, Transport Minister Kamel al-Wazir announced on Tuesday. The delivery of the “super post-panamax” cranes, manufactured by China’s Shanghai Zhenhua Heavy Industries (ZPMC), marks a key stage in completing the superstructure for the terminal.…

Egypt’s Lucky secures $23m Series B to drive credit expansion across North Africa

April 7, 2026

Lucky, Egypt’s fast-growing financial technology company, has raised $23m in a Series B round combining equity and debt, as it accelerates its expansion into North Africa’s consumer credit market. The round drew support from Disruptech Ventures and DPI Venture Capital via the Nclude fund, alongside new strategic investors including Suez…

Social Solidarity Minister reviews progress of Strategic Financial System for Economic Empowerment

April 7, 2026

Maya Morsy, Minister of Social Solidarity, held a meeting with the team overseeing the Strategic Financial System for Economic Empowerment at the Ministry, in the presence of Hala El-Said, Economic Adviser to the President, to review the programme’s progress. The discussions underscored that economic empowerment has become a central strategic…

MSMEDA, Upper Egypt Development Authority partner to develop production clusters

April 7, 2026

Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), held talks with Amr Abdel Moneim, CEO of the Upper Egypt Development Authority, to strengthen institutional cooperation and support economic development across Upper Egypt governorates. The discussions focused on creating an enabling environment for the establishment of…

AOI explores industrial, defence cooperation with DR Congo

April 7, 2026

Mokhtar Abdel Latif, Chairperson of the Arab Organization for Industrialization (AOI), held talks, on Tuesday, with Jules Banza Mwilambwe, Chief of Staff of the Armed Forces of the Democratic Republic of the Congo, to explore avenues for strengthening cooperation across industrial, defence, and development sectors. The Congolese delegation, which included…

Egypt, UNDP discuss expanding water climate adaptation projects

April 7, 2026

Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, said on Tuesday that Egypt is working with the United Nations Development Programme (UNDP) to expand climate adaptation projects in the water sector, with a focus on coastal protection and sustainable resource management. In a statement, the Ministry said Sewilam underscored…

Egypt aims to drill 100 exploratory wells by 2026 to boost production, Badawi says at AmCham roundtable

April 7, 2026

Egypt plans to drill more than 100 exploratory wells by 2026 as part of an ambitious strategy to enhance domestic oil and gas production, Petroleum Minister Karim Badawi said on Tuesday. Speaking during a roundtable meeting with members of the American Chamber of Commerce in Cairo (AmCham), chaired by Omar…

Spending priorities shift in Q4 FY 2025/26 amid exceptional conditions: Finance Minister

April 7, 2026

Finance Minister Ahmed Kouchouk stated that spending priorities in the state’s general budget for the fourth quarter (Q4) of the current fiscal year 2025/26 have been adjusted in response to ongoing exceptional conditions. In a statement issued on Tuesday, Kouchouk said all state entities are committed to rationalising expenditure, with…

Industry Minister engages AmCham Egypt to advance US-Egypt trade, investment ties

April 7, 2026

Egypt’s Minister of Industry Khaled Hashem held discussions with a delegation from the American Chamber of Commerce in Egypt, led by Chairperson Omar Mehanna, to explore ways of strengthening trade and industrial cooperation between Egypt and the United States. The meeting forms part of preparations for the chamber’s upcoming “Door…

EGP 10.4bn disbursed under National Veal Project, benefiting over 45,000 breeders: Agriculture Minister

April 7, 2026

Alaa Farouk, Minister of Agriculture and Land Reclamation, announced that total financing disbursed under the National Veal Project has reached EGP 10.408bn to date, benefiting 45,575 small-scale breeders and young graduates. The funding has supported the rearing and fattening of 517,580 head of livestock, including calves for meat production and…

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Month: April 2026