November 2026 – Al Khaber for Accounting And Auditing Services

FRA holds workshop for economic journalists on non-banking financial sector developments

November 1, 2026

The Financial Regulatory Authority (FRA) organised a workshop for economic journalists and media professionals to highlight the latest developments in non-banking financial activities and review recent market trends and statistics across capital markets, insurance and non-banking finance, as part of its ongoing efforts to strengthen communication with the media. FRA…

Egypt plans 1,000MW solar capacity to power 7,000 factories

November 1, 2026

Egypt plans to establish solar power plants with a combined capacity of 1,000 megawatts to supply around 7,000 factories under the “Shams El-Senaa” initiative, as the government seeks to expand renewable energy use and reduce electricity costs for industrial facilities. Prime Minister Mostafa Madbouly reviewed the initiative’s implementation mechanisms during…

Updated real estate tax mobile app to launch soon: Minister

November 1, 2026

Finance Minister Ahmed Kouchouk said an updated version of the Real Estate Tax mobile application would be launched soon to make tax services more accessible to citizens, stressing that tax incentives and facilitation measures were part of an ongoing process rather than a one-off package. Speaking at the annual conference…

Egypt signs $1bn World Bank financing agreement under second phase of reform programme

November 1, 2026

Egypt has signed a $1bn financing agreement with the World Bank under the second phase of its Development Policy Financing (DPF) programme to support economic reforms, strengthen resilience to external shocks and advance the country’s green transition. Prime Minister Mostafa Madbouly witnessed the signing ceremony at the Ministry of Foreign…

Al-Sisi reviews plans for 100 Italian-backed technical schools, expansion of university hospitals

November 1, 2026

Egypt’s President Abdel Fattah Al-Sisi on Sunday reviewed plans to expand the country’s education system, including the establishment of 100 technical schools in cooperation with Italy, equipping 50 schools with German support and expanding the Japanese-style school network, alongside the development of new universities and teaching hospitals. Al-Sisi met Prime…

Egypt’s chemical industries, fertiliser exports jump 34% to $9.54bn in 9M 2026

November 1, 2026

Egypt’s exports of chemical industries and fertilisers rose by 34% year on year to $9.54bn in the first nine months of 2026, compared with $7.14bn in the same period last year, according to the Chemical and Fertilisers Export Council. The sector generated an additional $2.4bn in export revenues between January…

Industry minister reviews digital manufacturing capabilities at AOI

November 1, 2026

Egypt’s Industry Minister Khaled Hashem visited the Digital Manufacturing Centre (DMC) at the Arab Organization for Industrialization’s (AOI) Engine Factory in Helwan to assess its production capabilities and potential to expand the local manufacturing of industrial components, spare parts and equipment. The visit is part of the Ministry of Industry’s…

Qatari court acquits Kuwaiti businessman Abdullah Al-Shaheen in Egyptian Steel-related case

November 1, 2026

Qatar’s Court of Cassation has acquitted Abdullah Al-Shaheen and other defendants in a subsidiary case arising from the dispute known as the “Egyptian Steel” case, overturning previous convictions issued in absentia and dismissing the Public Prosecution’s appeal. The court issued its final and binding ruling on October 26, 2026, in…

Egypt explores local technologies for phosphoric acid production, seawater desalination

November 1, 2026

Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat reviewed research projects aimed at using locally available raw materials to produce phosphoric acid, upgrade phosphate ore and extract potassium, alongside the development of a new technology for seawater desalination. During a field visit to the Nuclear Research Centre at the…

Everest Properties to invest over EGP 10bn in two New Cairo office projects

November 1, 2026

Everest Properties plans to invest more than EGP 10bn in two new office developments in New Cairo, expanding its commercial real estate portfolio as it seeks to strengthen its presence in the Egyptian market. The company is preparing to begin construction of Bureau 59 and Bureau 57 after obtaining the…

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Month: November 2026