News – Al Khaber for Accounting And Auditing Services

PM Madbouly reviews progress of Ras El Hekma megaproject with Modon Holding

July 7, 2026

Egyptian Prime Minister Mostafa Madbouly met with Jassem Al Zaabi, Chairperson of Modon Holding, to review progress on the implementation of the Ras El Hekma megaproject on Egypt’s northwestern Mediterranean coast. The meeting, held at the government headquarters in the New Administrative Capital, focused on the latest developments in the…

Egypt expands wastewater treatment network to 621 plants with 19 million cubic metres daily capacity

July 7, 2026

Egypt has significantly expanded its wastewater treatment infrastructure over the past decade, increasing the number of treatment plants from 385 before 2014 to around 621 in June 2026, according to the Ministry of Housing, Utilities and Urban Communities. The expansion included the construction of 236 new wastewater treatment plants, including…

Egypt reviews pharmaceutical strategy, steps up localisation of biologic medicines

July 7, 2026

Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, chaired the 17th meeting of the Egyptian Drug Authority’s (EDA) board on Monday to review strategic measures aimed at strengthening the pharmaceutical sector, expanding domestic production and enhancing the country’s regulatory capabilities. The meeting was attended by Minister of Investment and…

Egypt prioritises maximising state assets, expanding private sector partnerships: Military production minister

July 7, 2026

Salah Gamblat, Minister of State for Military Production, said the state, under the leadership of President Abdel Fattah Al-Sisi, places great importance on maximising the value of its assets and industrial capabilities, localising industry, and strengthening partnerships with the private sector. He said this requires companies affiliated with the Ministry…

MSMEDA, Tamweely sign EGP 350m agreements to finance 3,000 micro-enterprises

July 7, 2026

Bassel Rahmy, Chief Executive Officer of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), and Ahmed Khorshid, Chief Executive Officer, Managing Director and Deputy Chairman of Tamweely Financial Services, have signed two financing agreements under which MSMEDA will provide EGP 350m to Tamweely to implement two microfinance programmes. The…

Egypt’s GAFI, Enterprise Singapore discuss expanding investment cooperation

July 7, 2026

Egypt’s General Authority for Investment and Free Zones (GAFI) and Enterprise Singapore have discussed ways to strengthen bilateral investment cooperation and foster new business partnerships, as Egypt seeks to diversify its sources of foreign direct investment (FDI) and attract high-value projects. The discussions took place between Mohamed Awad, CEO of…

Egypt’s Sokhna Port commences commercial operations at three new basins and Trans Cargo terminal

July 7, 2026

Egypt’s Sokhna Port has officially commenced commercial operations at basins 3, 5, and 6, alongside the opening of the Trans Cargo general cargo terminal, the Ministry of Transport announced. The start of operations at the Trans Cargo terminal was marked by the arrival of its first vessel, the CHIPOLBROK SUN.…

FRA grants 10 new licences across non-banking financial sectors

July 7, 2026

The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has approved 10 new licences covering a range of non-banking financial activities as part of its ongoing efforts to enhance the quality, competitiveness and attractiveness of the sectors under its supervision, while expanding access to financial services. Among the approvals was…

Financial resources to be aligned with development programmes through measurable performance indicators: Planning minister

July 7, 2026

Ahmed Rostom, Minister of Planning and Economic Development, chaired an expanded meeting attended by officials from the Ministries of Planning and Finance to review the latest developments in the implementation of Programme and Performance Budgeting (PPB) and discuss a number of technical and operational issues. The meeting reflects the ongoing…

Egypt inaugurates 17,000-volume Grand Egyptian Museum library in partnership with France

July 7, 2026

Egypt’s Minister of Tourism and Antiquities Sherif Fathy, Grand Egyptian Museum (GEM) Chief Executive Ahmed Ghoneim, and French Ambassador to Egypt Eric Chevallier inaugurated the GEM library, a joint Egyptian-French project housing approximately 17,000 specialised volumes, on Monday evening. The facility, which stems from a 2022 initiative between Egypt and…

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Category: News