April 2026 – Page 24 – Al Khaber for Accounting And Auditing Services

Tax revenues surge 30.8% in first eight months of FY 2025/26: Finance Ministry

April 1, 2026

The Ministry of Finance announced that tax revenues rose by 30.8%, equivalent to EGP 380.3bn, during the first eight months of FY 2025/2026, bringing total collections to EGP 1.614trn, compared to EGP 1.234trn in the same period of the previous fiscal year. In a report issued on Wednesday, the ministry…

Shell Egypt, Ministry of Petroleum spotlight youth innovation and entrepreneurship at EGYPES 2026 Youth Impact Ceremony

April 1, 2026

A youth project tackling online gaming addiction and a sports-tech startup took top honours on Wednesday at the EGYPES 2026 Youth Impact Ceremony, hosted by Shell Egypt and the Ministry of Petroleum and Mineral Resources. The event recognised winners from Shell’s NXplorers and Intilaaqah programmes. The Will Power team secured…

FRA chair meets mortgage finance firms to boost activity, efficiency

April 1, 2026

Islam Azzam, Chairperson of the Financial Regulatory Authority (FRA), held a meeting with representatives of the Egyptian Mortgage Federation and companies operating in the sector, as part of the Authority’s ongoing engagement with non-banking financial activities. The meeting reflects FRA’s commitment to fostering direct and effective communication with market participants,…

Egypt targets $1bn in annual marble, granite exports

April 1, 2026

Egypt’s Minister of Industry Khaled Hashem has held a high-level meeting to discuss mechanisms to boost marble and granite exports and address challenges facing quarry operators. He affirmed the government’s strong commitment to the sector, describing marble and granite as a priority industry with the potential to generate $1bn annually…

Houthi Red Sea attacks could drive oil to $140, Bloomberg Economics says

April 1, 2026

Global oil prices could surge to $140 per barrel if Houthi rebels target shipping in the Red Sea, potentially worsening what is already considered the largest energy disruption in history, according to a report by Bloomberg Economics. Analysts Dina Esfandiary, Ziad Daoud, and Becca Wasser estimate that such an escalation…

Cairo calls for increased trade and infrastructure cooperation with Gambia

April 1, 2026

Egypt called for an increase in bilateral trade and the expansion of Egyptian private sector involvement in the Gambian market during a ministerial meeting in Cairo on Wednesday. Foreign Minister Badr Abdelatty met with his Gambian counterpart, Serigne Modou Njie, on the margins of a ministerial meeting for African countries…

Egypt Finance Minister says prioritising essential supplies and investor needs key to mitigating economic risks

April 1, 2026

Egypt’s Finance Minister Ahmed Kouchouk said on Wednesday that prioritising essential supplies for citizens and production requirements for investors is key to mitigating economic risks. Speaking during a meeting of the Crisis Management and Risk Reduction Committee at the Ministry of Finance, Kouchouk stated that continuous coordination and consultation with…

MIDAR, Gruppo GKSD sign €600m agreement for integrated medical hub in MADA, East Cairo

April 1, 2026

MIDAR for Investment and Urban Development, the master developer of integrated mega cities in New Cairo, has signed a memorandum of understanding (MoU) with Italy’s Gruppo GKSD, an international leader in healthcare provision, investment, design and engineering, construction, procurement, and environmental technologies. The agreement aims to develop a landmark integrated…

Egypt Oil & Gas Celebrates 20 Years of Industry Leadership, Innovation, and Impact

April 1, 2026

Cairo – 31 March 2026: Egypt Oil & Gas (EOG), a leading platform specializing in strategic communications and energy sector research, celebrated the 20th anniversary of its establishment, marking two decades of contributions to the development of Egypt’s energy sector and to strengtheningits presence on the global energy stage. The…

Where Luxury Meets Live Art: Sheraton Soma Bay Resort Hosts Award-Winning Artists in a One-of -a Kind Red Sea Residency Experience

April 1, 2026

Soma Bay, Red Sea, Egypt – 2026 — In a bold celebration of culture, creativity, and immersive guest experiences, Sheraton Soma Bay Resort proudly announces the launch of a unique on-site art residency, welcoming six award-winning Egyptian artists to create live paintings within the resort. This initiative marks a new…

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Month: April 2026