News – Page 103 – Al Khaber for Accounting And Auditing Services

Government steps up coordination to contain impact of airspace closures on Egyptian exports

March 1, 2026

The Ministries of Investment and Foreign Trade, Supply and Internal Trade, and Agriculture and Land Reclamation are intensifying coordination to assess and mitigate the repercussions of airspace closures in a number of countries on Egyptian exports, particularly fast-perishing agricultural produce. The move comes amid ongoing monitoring of regional developments and…

Attracting investment, deepening local manufacturing top priorities in next phase: Military Production Minister

March 1, 2026

Salah Suleiman Gemblat, Minister of State for Military Production, held talks with Karim Farag, Executive Vice President of SC Johnson for the Asia and Australia region, to explore areas of mutual interest and potential joint cooperation. Gemblat reaffirmed the ministry’s openness to establishing productive strategic partnerships with local and international…

Egypt’s PM reviews state-owned company restructuring, IPO plans, ownership policy update

March 1, 2026

Egyptian Prime Minister Mostafa Madbouly chaired a government meeting on Sunday at the New Administrative Capital to review progress on a number of priority economic files, including the restructuring of state-owned companies, planned stock market listings, and updates to the State Ownership Policy Document. The meeting was attended by Deputy…

Investment Minister brings together developers, regulators to accelerate rollout of digital REIFs

March 1, 2026

Minister of Investment and Foreign Trade Mohamed Farid Saleh convened a high-level meeting with representatives from five government entities, leading real estate developers, and executives from digital platforms specialising in real estate investment funds (REIFs), as part of efforts to advance innovative financing mechanisms for Egypt’s property market. The meeting…

Egyptian developers shift to smaller units to navigate economic pressure: Sawiris

March 1, 2026

Chairperson and CEO of Ora Developer, Naguib Sawiris, said that developers adopted a new strategy to navigate current economic challenges, emphasizing that Egypt’s property market is undergoing a phase that requires significant flexibility in both execution and product offerings. Sawiris said in TV interview that Egypt’s real estate sector is…

The Egyptian Real Estate Platform announces comprehensive restructuring

March 1, 2026

The Official Egyptian Real Estate Platform has announced a comprehensive restructuring and the introduction of 10 new services as part of a major upgrade scheduled for April 2026. The move aims to strengthen Egypt’s real estate export strategy, enhance transparency, and improve market efficiency. Ahmed Elbatrawy, Founder and…

Iran war disrupts local gold market in Egypt

March 1, 2026

Gold prices rose locally amid escalating tensions between the US and Israel over Iran, coinciding with the closure of global stock markets. This prompted some traders to be cautious in their sales and reduce their supply, anticipating a potential price surge upon the reopening of markets. The Vice President of…

Egypt’s balanced fiscal policies lowered debt, inflation: Deputy Finance Minister

February 28, 2026

Egypt’s balanced fiscal policies have contributed to reducing debt and inflation rates while driving economic activity, Deputy Minister of Finance for Fiscal Policy Yasser Sobhy said. Speaking at the first Africa Finance Summit, Sobhy stated that financial stability remains a fundamental pillar for economic growth and improving citizens’ living standards.…

Egypt explores expanded water cooperation with OIC Islamic Network

February 28, 2026

Egypt’s Minister of Water Resources and Irrigation Hani Sewilam met with Marwan Al-Raqad, Executive Director of the Islamic Network on Water Resources Development and Management under the Organization of Islamic Cooperation (OIC), to discuss ways of strengthening cooperation in water management, the ministry said in a statement. During the meeting,…

OPEC+ to consider larger oil supply hike after US and Israeli strikes on Iran

February 28, 2026

The OPEC+ alliance is set to consider a larger-than-expected increase in oil supplies during its meeting on Sunday, according to a delegate, following US and Israeli air strikes on targets inside Iran. The potential shift in production strategy comes as military escalation threatens global energy flows. Israel’s Energy Ministry has…

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Category: News