2026 – Page 12 – Al Khaber for Accounting And Auditing Services

Egypt, India discuss cooperation in AI, digital skills, innovation, and investment

September 19, 2026

Egypt’s Minister of Communications and Information Technology Raafat Hindi received Suresh K. Reddy, Ambassador of India to Cairo, to discuss ways to enhance cooperation between Egypt and India in digital skills development, artificial intelligence, cybersecurity, innovation and entrepreneurship, as well as encourage further Indian investment in Egypt’s communications and information…

Guardian Glass expands Egypt operations with new coating line

September 19, 2026

Guardian Glass has inaugurated a high-performance glass coating line at its manufacturing facility in 10th of Ramadan City, Egypt, expanding its local production capabilities and strengthening its ability to supply coated glass to customers across regional markets. The inauguration ceremony was attended by representatives of the Egyptian government, Guardian Glass…

Egypt promotes investment opportunities at Zhejiang Economic Forum

September 19, 2026

The Egyptian Commercial Service (ECS) office in Shanghai participated in the Zhejiang Economic and Trade Forum for Central Asian and North African Countries as part of efforts to promote investment and trade opportunities in Egypt and strengthen engagement with Chinese businesses. The forum was held under the auspices of the…

Gold prices rise by EGP 110 over week

September 19, 2026

Gold prices rose during trading over the past week, with the price of a gram of 21-karat gold, the most widely traded in the local market, increasing by around EGP 110 to reach approximately EGP 6,390. The price of 24-karat gold reached around EGP 7,303 per gram, while 18-karat gold…

Belgian firm Hydrovolta discusses 10-million-cubic-metre desalination project in Egypt

September 19, 2026

Egyptian Minister of Electricity and Renewable Energy Mahmoud Esmat held talks with the head of Belgian firm Hydrovolta, George Brek, to discuss cooperation on a proposed project to desalinate 10 million cubic metres of water daily by 2050 using existing power plant infrastructure. The meeting at the ministry headquarters in…

Following rate hike, US Fed raises global cost of capital

September 19, 2026

The US Federal Reserve’s interest rate hike affects Egypt’s banking sector indirectly through its impact on the global cost of funds, capital flows, exchange rates, and expectations for domestic interest rates. Although Egyptian banks do not automatically adjust their rates in response to Federal Reserve decisions, higher returns on dollar-denominated…

How Smart Technology Is Helping Older Adults Live More Independently

September 19, 2026

This content is for members only. Visit the site and log in/register to read. The post How Smart Technology Is Helping Older Adults Live More Independently first appeared on Egyptian Streets.

Banks, mortgage finance companies provide EGP 111.131bn under housing initiative as of July 2026

September 19, 2026

Banks and mortgage finance companies participating in the mortgage finance initiative for low- and middle-income customers provided EGP 111.131bn in financing to around 723,604 customers as of July 2026, according to a report issued by the Social Housing and Mortgage Finance Fund. The report showed that the 23 banks participating…

CBE explains drivers behind inflation slowdown in August 2026

September 19, 2026

Egypt’s annual urban headline inflation slowed to 14.5% in August 2026, down from 14.9% in July 2026, according to the Central Bank of Egypt (CBE). The decline was mainly attributed to a softening in annual food inflation, which eased to 6.3% in August 2026 from 8% in July. Meanwhile, annual…

Al-Sisi orders expansion of data centres, 5G as Egypt targets $12bn in outsourcing exports by 2029

September 19, 2026

Egypt’s President Abdel Fattah Al-Sisi has ordered an expansion of large-scale data centres and 5G networks, alongside increased investment in cloud computing and artificial intelligence, as Egypt targets $8bn in digital exports by 2028 and $12bn in digital outsourcing exports by 2029. Al-Sisi issued the directives during a meeting with…

Year: 2026