November 3, 2026 – Al Khaber for Accounting And Auditing Services

Adeer International, partners target $2bn in hospitality investments in Egypt

November 3, 2026

Adeer International, the global investment arm of Saudi Arabia’s Sumou Holding Group, has formed a strategic alliance with Hassan Allam, MIDAR for Investment and Urban Development, and Sumou Investment to develop hospitality projects in Egypt, with planned investments of approximately $2bn. The alliance is part of Adeer International’s broader expansion…

Supreme Energy Council discusses electricity supply for 11 new industrial projects, factory expansions

November 3, 2026

Egypt’s Supreme Energy Council has discussed securing electricity supplies for 11 industrial projects, increasing power capacity for existing factories and establishing new substations to meet the needs of industrial facilities and additional production lines. The discussions took place during the council’s 32nd meeting, held on Tuesday at the headquarters of…

Egypt discusses local production of ultrasound, mobile X-ray devices with Samsung

November 3, 2026

Egyptian Health Minister Khaled Abdel Ghaffar discussed plans with Samsung Electronics to explore the local production of medical imaging equipment, alongside upgrades to healthcare facilities and digital training infrastructure, during a visit to South Korea. The Ministry of Health said the discussions included a proposal to establish a factory in…

FRA hosts Omani delegation to strengthen regulatory cooperation, exchange expertise

November 3, 2026

The Financial Regulatory Authority (FRA), chaired by Islam Azzam, received a delegation from Oman’s Financial Services Authority (FSA), headed by its Executive Vice-President, Ahmed bin Ali Al-Maamari, and comprising officials responsible for financial supervision and stability, disclosure, trading surveillance and risk analysis. The visit aimed to strengthen bilateral cooperation, facilitate…

Mansour Group targets Q1 2027 completion for electric vehicle plant in 6th of October City

November 3, 2026

Mansour Automotive Group expects to complete the construction of its new “MAC for Transport Vehicles Manufacturing” plant in 6th of October City by the first quarter of 2027, focusing on the production of electric vehicles (EVs) and their components. The timeline was outlined during a meeting between Prime Minister Mostafa…

FRA requires non-bank financial institutions to update customer identification, verification forms

November 3, 2026

Islam Azzam, Chairperson of the Financial Regulatory Authority (FRA), has issued a circular requiring non-bank financial institutions to update their customer identification and identity verification forms in line with the revised version of the Due Diligence Procedures for Customers of Financial Institutions Subject to the FRA’s Supervision, issued by the…

Petroleum minister discusses Chevron’s plans to expand natural gas exploration in Egypt

November 3, 2026

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Kevin McLachlan, Chevron’s Vice-President of Exploration, on the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2026) to discuss the latest developments in the company’s activities in Egypt and its plans to expand natural gas exploration, in…

Egypt seeks to simplify procedures to help businesses access international markets

November 3, 2026

Ahmed Rostom, Minister of Planning and Economic Development, said Egypt is working simultaneously to simplify domestic procedures and strengthen its international negotiating and legal capabilities to help shape more development-oriented trade rules. These efforts aim to enable Egyptian businesses to benefit from such rules, improve their competitiveness and access international…

African tax bodies must unite to face global challenges, Egypt finance minister says

November 3, 2026

African tax administrations must unite and adopt smart technological applications to boost domestic resources and confront international economic challenges, Egyptian Finance Minister Ahmed Kouchouk said during the African Tax Administration Forum (ATAF) annual meetings. Speaking at the gathering in Cairo, Kouchouk recommended rolling out smart tax applications across the continent.…

نيسان مصر تعزز حضورها في الإسكندرية وتفتتح مركزًا متكاملًا جديدًا بالتعاون مع “إسكندرية الهندسية للسيارات”

November 3, 2026

مركز منطقة كوته الجديد يجمع المبيعات والصيانة وقطع الغيار تحت سقف واحد، في خطوة تعكس التزام الشركة بتطوير شبكة موزعيها وتقديم تجربة متكاملة للعملاء القاهرة 3 نوفمبر 2026-أعلنت نيسان مصر افتتاح مركز متكامل جديد بالتعاون مع شركة إسكندرية الهندسية للسيارات (Alex ECC) بمنطقة كوته بالإسكندرية، لتقديم خدمات البيع وما بعد…

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Day: November 3, 2026