November 9, 2026 – Al Khaber for Accounting And Auditing Services

Drive Finance raises EGP 1.5bn through bond issuance to fund expansion

November 9, 2026

Drive Finance, a subsidiary of GB Capital and the non-bank financial services arm of GB Corp, has completed an EGP 1.5bn bond issuance with a maturity of 13 months, the company announced. The issuance is a key pillar of Drive Finance’s strategy to diversify its funding sources, strengthen its capital…

Hendy renews Egypt’s bid for ITU Council seat at Doha plenipotentiary

November 9, 2026

Egypt’s Minister of Communications and Information Technology Raafat Hendy delivered Egypt’s address to the plenary session of the International Telecommunication Union’s Plenipotentiary Conference (PP-26) in Doha, where he announced that Egypt is renewing its candidacy for a seat on the ITU Council representing Africa. Hendy spoke in the presence of…

AOI seeks to expand industrial cooperation with Benin

November 9, 2026

Mohamed Abou Bakr, Chairperson of the Arab Organization for Industrialization (AOI), received Gildas Agonkan, Minister Delegate to the President of Benin in charge of National Defence, and his accompanying delegation to discuss ways to strengthen bilateral cooperation and leverage the AOI’s advanced industrial capabilities to meet Benin’s needs in development…

Egypt uses AI, augmented reality to bring ancient pilgrimage site of Abu Mena to life

November 9, 2026

Egypt’s Ministry of Tourism and Antiquities is using augmented reality (AR) and artificial intelligence (AI) to recreate the fifth-century architecture and spiritual heritage of the historic Abu Mena archaeological site and Saint Mina Monastery in Alexandria. During a meeting chaired by Minister of Tourism and Antiquities Sherif Fathy, ministry officials…

Farid meets France’s Salins Group as salt producer studies new Egypt project

November 9, 2026

Egypt’s Minister of Investment and Foreign Trade Mohamed Farid met executives from France’s Salins Group at the ministry’s headquarters in Cairo to discuss the company’s plans to expand its business in Egypt. Farid met Benjamin Duchesne, general manager of Marine Salt Trading Cie, a Salins Group subsidiary, and export manager…

Electricity minister seeks stronger renewable energy partnerships with ADVEC

November 9, 2026

Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with a delegation from Advanced Engineering Consultants (ADVEC), a company specialising in energy management, renewable energy integration and electricity grid solutions, headed by CEO Ahmed Salam. The meeting was attended by Ali Abdel Fattah, Chairperson of the Egyptian Electric Utility and…

Egypt explores export financing, start-up support, investment zone development with ITFC

November 9, 2026

Minister of Investment and Foreign Trade Mohamed Farid met with Adeeb Yousuf Al-Aama, CEO of the International Islamic Trade Finance Corporation (ITFC), and an accompanying delegation to discuss ways to strengthen cooperation in export financing, start-up support, investment zone development, and the use of technology and artificial intelligence to promote…

Madbouly reviews plans to ease Egypt’s building violations settlement scheme

November 9, 2026

Egyptian Prime Minister Mostafa Madbouly met ministers and officials on Monday to review progress on overhauling Egypt’s scheme for settling certain building violations and legalising the properties concerned, following instructions issued by President Abdel Fattah al-Sisi at the Egypt Forum 2026. The meeting was attended by Manal Awad, minister of…

Al-Sisi calls for further deflation, debt cut, and stronger foreign currency inflows

November 9, 2026

Egyptian President Abdel Fattah Al-Sisi on Monday called for sustained efforts to bring down inflation and public debt, increase foreign currency inflows and maintain sufficient foreign exchange reserves to cover the country’s strategic import needs. Al-Sisi issued the directives during separate meetings with Prime Minister Mostafa Madbouly, Central Bank of…

Egypt signs $42mn gas exploration deal with Cheiron for East Alexandria offshore block

November 9, 2026

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi oversaw the signing of a new agreement to explore for natural gas in the East Alexandria Offshore area of the Mediterranean, between the state-owned Egyptian Natural Gas Holding Company (EGAS) and Cheiron. The deal commits Cheiron to a minimum investment of…

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Day: November 9, 2026