May 2026 – Page 8 – Al Khaber for Accounting And Auditing Services

Boosting youth financial literacy is strategic investment to expand markets, drive innovation: FRA chair

May 18, 2026

Islam Azzam, Chairperson of the Financial Regulatory Authority (FRA), said the authority views promoting financial literacy among young people and university students as a strategic investment in the future of the non-banking financial sector, supporting market expansion and fostering innovation. He added that strengthening financial awareness helps prepare a generation…

WHO honours Egyptian burn care pioneer Heba El Sewedy

May 18, 2026

The World Health Organization has honoured Egyptian physician Heba El Sewedy, founder and chair of the Ahl Masr Foundation and Burn Hospital, with the Director-General’s Award in recognition of her pioneering contributions to burn care. The award was presented during the opening of the 79th World Health Assembly in Geneva.…

Egypt overhauls education system for 25 million students, shifting focus to skills and new Baccalaureate

May 18, 2026

Egypt is undertaking a comprehensive transformation of its education system for 25 million pre-university students, shifting the focus from enrollment metrics to skills-based learning and introducing a new Egyptian Baccalaureate, Minister of Education and Technical Education Mohamed Abdellatif announced. Speaking at the second plenary session of the Education World Forum…

State asset reforms and 200-megawatt solar project top Egypt-UNDP economic agenda

May 18, 2026

Egypt is advancing an initiative to produce 200 megawatts of solar energy for state-owned industrial facilities as part of a broader drive to implement structural reforms and secure the financial sustainability of state assets. The developments were outlined on Monday during discussions between Deputy Prime Minister for Economic Affairs Hussein…

Legacy Hotels, RTJ II to develop historic Mena House golf course

May 18, 2026

Legacy Hotels has announced a strategic partnership with world-renowned architectural firm Robert Trent Jones II (RTJ II) to redevelop the golf course at the Mena House, Cairo. The hotel is a property of the Talaat Moustafa Group (TMG). The agreement was signed by Omar Hisham Talaat, Chief Business Development Officer…

PM Madbouly announces tiered cash-based social protection system for Egypt

May 18, 2026

Egypt is developing a unified, integrated cash-based social protection programme that categorises beneficiaries into tiers based on income, allowing for dynamic movement into and out of the system as living conditions change, Prime Minister Mostafa Madbouly said on Monday. The proposed system aims to provide “necessary protection” to targeted and…

Investment minister affirms commitment to improving business climate, attracting investments

May 18, 2026

Minister of Investment and Foreign Trade Mohamed Farid affirmed on Sunday, May 17, 2026, the state’s commitment to enhancing the investment environment and improving the business climate. He highlighted that this strategy aims to attract more local and foreign investments, support private sector growth, and boost its competitiveness and expansion…

QF’s BilAraby Initiative Discusses the Impact of Arabic in Publishing and Content at Doha International Book Fair

May 18, 2026

Doha, Qatar, 17 May 2026: Qatar Foundation’s BilAraby initiative participated in the 35th Doha International Book Fair (DIBF), organized by the Ministry of Culture – Qatar Cultural and Heritage Events Center, with a panel discussion titled “Arabic Between Publishing and Content: How Do We Expand the Impact of an Idea?”…

GlobalCorp secures Egypt’s largest mortgage securitization at EGP 3.31bn

May 17, 2026

Ollin Mortgage Finance, a subsidiary of GlobalCorp, has finalized its second mortgage securitization bond issuance worth EGP 3.31bn, following approval from the Financial Regulatory Authority (FRA). The issuance was executed under the company’s third securitization program and structured across three tranches to appeal to diverse investor segments. The first tranche…

Egypt launches initiative to support cotton-based SMEs, strengthen production clusters

May 17, 2026

The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has launched the “Egyptian Cotton Festival” initiative in cooperation with Cairo Governorate and in collaboration with the Egyptian Marketing Studies Foundation, aiming to support micro, small and medium enterprises (MSMEs) and production clusters operating across Egypt’s cotton value chain. The initiative…

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Month: May 2026