September 2026 – Page 18 – Al Khaber for Accounting And Auditing Services

Industry minister meets furniture manufacturers, designers to boost sector competitiveness

September 12, 2026

Egypt’s Minister of Industry Khaled Hashem has held an expanded meeting with furniture manufacturers, designers, and producers of industry inputs to discuss the sector’s challenges and requirements and explore ways to develop the industry and strengthen its competitiveness in local and international markets. The meeting was attended by Maha Saleh,…

Planning Minister: Egyptian economy shows exceptional resilience amid regional, global challenges

September 12, 2026

Minister of Planning and Economic Development Ahmed Rostom said the Egyptian economy has demonstrated exceptional resilience in the face of regional and international challenges, noting that the growth rate rose to 5.1 percent in fiscal year 2025/2026, up from 4.4 percent in the previous fiscal year and exceeding forecasts by…

Gold prices rise as US dollar drops

September 10, 2026

Gold prices advanced on Thursday, buoyed by a softer US dollar as investors closely await key inflation data out of the United States. Spot gold rose zero point three percent to US$4,412.84 per ounce by 02:34 GMT. Meanwhile, US gold futures for December delivery dipped zero point one percent to…

Egypt bans tree felling in nationwide greening drive as cabinet outlines broad policy agenda

September 10, 2026

Egypt has strictly banned the cutting down of trees and ordered a nationwide expansion of its urban greening initiatives, Prime Minister Mostafa Madbouly announced during a cabinet meeting in the New Administrative Capital on Wednesday. Madbouly directed the Ministers of Local Development and Environment to accelerate tree planting along main…

Will the Central Bank raise interest rates at its upcoming meeting?

September 10, 2026

Expectations are growing that central banks globally will move to raise interest rates to hedge against an inflationary wave triggered by rising energy prices. Expert forecasts for the Central Bank of Egypt’s (CBE) upcoming Monetary Policy Committee meeting on September 24 lean heavily toward keeping rates unchanged. The ECB and…

Five Egyptian companies participate in Thessaloniki Fair to boost trade ties with Greece

September 10, 2026

Five Egyptian companies are participating in the 90th Thessaloniki International Fair (TIF), seeking to expand exports, attract investment and strengthen economic partnerships between Egypt and Greece. The Egyptian Commercial Service, through its office in Athens, is supporting Egypt’s participation, with the five companies exhibiting across an area of more than…

Shell Lubricants Egypt partners with TAQA Petroleum to expand retail network

September 10, 2026

Shell Lubricants Egypt has formed a partnership with TAQA Arabia subsidiary TAQA Petroleum to distribute its lubricants and coolants across the latter’s service stations in Egypt. The agreement makes Shell’s product portfolio available to TAQA retail customers, including Shell Helix for passenger cars, Shell Advance for motorcycles, Shell Rimula for…

Egypt secures gas supplies as summer electricity demand exceeds 40,000 MW: Minister

September 10, 2026

Karim Badawi, Minister of Petroleum and Mineral Resources, said proactive planning and continued coordination between the Ministry of Petroleum and Mineral Resources and the Ministry of Electricity and Renewable Energy had enabled Egypt to efficiently manage unprecedented increases in energy demand. The measures ensured the supplies needed to meet record…

Communications minister discusses outsourcing investment opportunities with Egyptian Businessmen’s Association

September 10, 2026

Minister of Communications and Information Technology Raafat Hendy held an extensive meeting with a delegation from the Egyptian Businessmen’s Association, headed by Fathallah Fawzy, the association’s Vice-Chairperson and Chairperson of its Real Estate Development and Contracting Committee. The meeting was attended by Ahmed El-Zaher, CEO of the Information Technology Industry…

29 cases referred for legal action after inspections uncover violations at local authorities

September 10, 2026

Egypt’s Local Development and Environment Ministry said 29 cases were referred to prosecutors or provincial legal departments following inspections of local authorities in August, as part of a campaign targeting administrative shortcomings and violations. Minister Manal Awad said the ministry’s Performance Evaluation, Monitoring and Inspection Division carried out 43 planned…

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Month: September 2026