News – Al Khaber for Accounting And Auditing Services

Egypt targets higher petroleum output, stronger supply security

October 6, 2026

Minister of Petroleum and Mineral Resources Karim Badawi said increasing local production and securing supplies of petroleum products are top priorities, stressing the role of the Egyptian General Petroleum Corporation (EGPC) in efficiently managing the supply system through integration among its sectors, monitoring the performance of companies, and maximising the…

Safety Link wins management, operation contract for Ameria Dry Port in Alexandria

October 6, 2026

Safety Link for Shipping and Trade has won a contract to manage and operate Ameria Dry Port in Alexandria, owned by the National Service Projects Organization. The company has already begun the port’s trial operation phase. Partner and Co-Founder of Safety Link and General Manager of the Ameria Dry Port,…

Military Production Ministry signs two MoUs to boost joint manufacturing, expand into Africa

October 6, 2026

Salah Gomblat, Minister of State for Military Production, witnessed the signing of a memorandum of understanding (MoU) between the National Organisation for Military Production (NOMP) and Arab Contractors, as well as another MoU between NOMP, Arab Contractors, and Masar for Consulting and Business Development, in the presence of senior officials…

Egypt allocates over 1 million sqm for tourism projects in Hurghada

October 6, 2026

Egypt’s Tourism Development Authority (TDA) has issued 16 final allocation decisions for investment land in the South Magawish Tourism Center, south of Hurghada in the Red Sea Governorate, covering a combined area of more than 1 million square metres. The allocations are designated for a range of integrated hotel, tourism…

Egypt invests EGP 57bn to modernise Sinai electricity grid

October 6, 2026

Egypt has invested around EGP 57bn in developing and modernising the national electricity grid across the Sinai Peninsula, Electricity and Renewable Energy Minister Mahmoud Esmat said. The investments are part of the state’s sustainable development plan and national projects aimed at supporting urban, industrial, agricultural, and tourism development in North…

Egypt to expand innovative long-term financing tools to support national, private projects

October 6, 2026

Ahmed Rostom, Minister of Planning and Economic Development, said the government is continuing structural reform efforts outlined in the State Ownership Policy Document and the government IPO programme to create greater space for the private sector to lead economic growth. He added that the government is expanding innovative long-term financing…

Egypt’s healthcare accreditation body certifies 945 facilities across 26 governorates

October 6, 2026

Egypt’s General Authority for Healthcare Accreditation and Regulation (GAHAR) accredited 945 healthcare facilities across 26 governorates and conducted more than 2,100 regulatory visits during the 2025/26 financial year, the Ministry of Health and Population said. The figures were presented during a meeting between Health Minister Khaled Abdel Ghaffar and GAHAR…

CAPMAS: Egyptian exports to South Korea rise 11.2% in first half of 2026

October 6, 2026

Data released by the Central Agency for Public Mobilization and Statistics (CAPMAS) showed on Tuesday, October 6, 2026, that the value of Egyptian exports to South Korea rose to $44.6 million during the first half of 2026, compared with $40.1 million during the same period in 2025, marking an 11.2…

Egypt targets 10 million cubic metres of daily desalinated water production

October 5, 2026

Prime Minister Mostafa Madbouly met with officials from ACWA Power to review the latest developments in cooperation on seawater desalination projects, as Egypt seeks to expand its desalination capacity and localise related industries. The meeting was held at the government headquarters in the New Capital and was attended by Samir…

Egypt unveils foreign direct investment strategy for 2027-2030

October 5, 2026

Prime Minister Mostafa Madbouly reviewed the main pillars of Egypt’s foreign direct investment (FDI) strategy for 2027–2030 during a meeting with senior investment officials. The meeting was attended by Mohamed Farid, Minister of Investment and Foreign Trade; Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI);…

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Category: News