News – Page 29 – Al Khaber for Accounting And Auditing Services

Investment minister witnesses signing of MoU between Mansour, China’s Tianneng to explore battery manufacturing

September 3, 2026

Minister of Investment and Foreign Trade Mohamed Farid witnessed on Wednesday, September 2, 2026, the signing of a Memorandum of Understanding (MoU) between Mansour Group and China’s Tianneng Battery Group Co Ltd to explore cooperation and investment opportunities in battery manufacturing and energy storage solutions in Egypt. The MoU covers…

Raya Holding abandons sale of Raya Foods to Helios, reaffirms expansion plans

September 2, 2026

Raya Holding for Financial Investments has decided not to proceed with the proposed acquisition of Raya Foods by Helios Investment Partners after certain key conditions required to complete the transaction were not fulfilled. The company said its board of directors, at a meeting held on 2 September 2026, resolved to…

Egypt to establish migrant health unit under IOM agreement

September 2, 2026

The Health Ministry plans to establish a dedicated migrant health unit to oversee access to healthcare and coordinate referrals for treatment under an agreement with the International Organization for Migration (IOM) aimed at expanding health services for migrants and host communities. The memorandum of understanding includes support for the early…

Temporary tax cards issued for eight months to speed up project establishment procedures: ETA chief

September 2, 2026

The Egyptian Tax Authority (ETA) has begun issuing temporary tax cards valid for eight months to help investors complete the establishment procedures for their projects, after which they can obtain five-year tax cards. The measure aims to simplify company establishment procedures, attract domestic and foreign investment and facilitate processes for…

Government explores integrating economic, social development policies

September 2, 2026

Social Solidarity Minister Maya Morsi and Minister of Planning and Economic Development Ahmed Rostom held an expanded meeting to discuss ways to strengthen cooperation and coordination between the two ministries, supporting the state’s efforts to develop the social protection system and achieve greater integration between economic and social development policies.…

Madbouly discusses establishing University of Exeter’s first international campus in Egypt

September 2, 2026

Egypt’s Prime Minister Mostafa Madbouly has reviewed progress on a partnership between Ain Shams University, Ain Shams National University and the UK’s University of Exeter to establish the British university’s first international campus in Egypt. The meeting was attended by Abdel Aziz Konsowa, Minister of Higher Education and Scientific Research…

Solare Ras El Hekma: Inside new model of coastal destination-building

September 2, 2026

Ras El Hekma’s rapid development is reshaping Egypt’s North Coast, with large-scale projects increasingly moving beyond the traditional model of seasonal residential communities towards integrated destinations that bring together homes, hospitality, leisure, services and lifestyle experiences. Misr Italia Properties’ Solare Ras El Hekma reflects this shift. Located at Kilo 199,…

Egyptian Swiss Group prepares to export pasta, flour to China for first time

September 2, 2026

Egyptian Swiss Group for Pasta, Milling and Concentrates is preparing to enter the Chinese market for the first time, with plans to export pasta and flour after completing the regulatory and customs registration requirements needed to access the market. The move comes as Egypt and China seek to deepen economic…

Mansour Group, China’s Tianneng sign MoU to explore battery manufacturing investment in Egypt

September 2, 2026

Minister of Investment and Foreign Trade Mohamed Farid said lithium batteries and components for new energy vehicles (NEVs) represent promising sectors under the state’s strategy to deepen local manufacturing and increase value added. He noted that proposed cooperation with Tianneng would allow Egypt to benefit from the company’s expertise and…

Egypt, Oman explore joint industrial zones to deepen economic integration

September 2, 2026

Egypt and Oman are exploring the establishment of two joint industrial zones, one in each country, under Egypt’s industrial developer model, as part of broader efforts to strengthen industrial integration, investment cooperation and supply chains between the two countries. The proposal was discussed during a meeting between Nahid Youssef, Chairperson…

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Category: News