News – Page 49 – Al Khaber for Accounting And Auditing Services

Multiple proactive scenarios to secure local market’s gas needs: Petroleum Minister

February 28, 2026

Karim Badawi, Minister of Petroleum and Mineral Resources, inspected the National Natural Gas Grid Control Centre (NATA) at the headquarters of the Egyptian Natural Gas Company (GASCO) on Saturday, to follow up on the implementation of the plan to secure natural gas supplies and ensure the regular flow of gas…

Cabinet approves expansion of concessional financing initiative for priority industries

February 28, 2026

Egypt’s Cabinet has approved the expansion of its concessional financing initiative for priority industrial sectors, launching a second phase that broadens the range of eligible industries and activities, according to a joint statement by the Ministry of Finance and the Ministry of Industry. Ahmed Kouchouk, Minister of Finance, and Khaled…

CBE Governor reviews anti-inflation strategy with Deputy PM

February 28, 2026

Hassan Abdalla, Governor of the Central Bank of Egypt, held talks at the bank’s headquarters with Hussein Eissa, Deputy Prime Minister for Economic Affairs, to discuss areas of coordination between monetary and economic policymaking. The meeting reviewed key indicators of the Egyptian economy and highlighted recent improvements in overall economic…

Finance Ministry plans to issue local debt instruments worth EGP 1.044trn by March

February 28, 2026

The Ministry of Finance has disclosed plans to issue tenders for local debt instruments totalling EGP 1.044trn in March 2026, as part of a plan published on the ministry’s official website. The plan includes issuing tenders worth EGP 2.703trn in the third quarter (Q3) of fiscal year 2025/2026, to repay…

Opinion | How IMF Approval Shields Egypt’s Economy from Market Volatility

February 28, 2026

The recent approval by the Executive Board of the International Monetary Fund (IMF) of Egypt’s fifth and sixth programme reviews represents a decisive moment for the country’s economic trajectory. Beyond its immediate financial value, the decision serves as a renewed international endorsement of Egypt’s reform path and a critical safeguard…

Suez Canal Bank, Alameda partner to integrate premium banking, healthcare services

February 28, 2026

Suez Canal Bank has signed a cooperation protocol with Alameda Healthcare Group, one of Egypt’s largest integrated healthcare providers, aimed at strengthening integration between premium banking solutions and high-quality medical services for High-Net-Worth (HNW) and Privé clients. The partnership reflects the bank’s strategy to broaden its suite of non-financial services,…

Trump Orders Federal Agencies to Phase Out Anthropic AI Over Pentagon Dispute

February 28, 2026

President Donald Trump has directed all US federal agencies to immediately cease the use of artificial intelligence products developed by Anthropic PBC, escalating a high-profile dispute between the company and the Pentagon over safeguards and usage restrictions. In a statement posted on social media on Friday, Trump accused Anthropic of…

Egypt secures $2.3 billion from International Monetary Fund

February 27, 2026

The International Monetary Fund (IMF) Executive Board has officially approved the combined fifth and sixth reviews of Egypt’s economic program, alongside the first review under the Resilience and Sustainability Facility (RSF). This milestone clears the way for Egypt to draw approximately $2.3 billion. An informed source told Al-Masry Al-Youm that…

The Discover List: Meet the 2026 TikTok Creators to Watch

February 26, 2026

TikTok is a global community where over a billion people come to connect, share their passions, and find inspiration. A springboard for discovery, TikTok creators show us every day that one spark can lead anywhere, from sharing new recipes to inspiring someone to find their new favorite hobby. Today, TikTok…

Gold in Egypt tops global prices

February 26, 2026

Gold prices in both domestic and international markets have undergone a period of marked instability over the last few days, spurred by rapid economic and political developments. Just two days ago, global spot prices surged to US$5,225 per ounce before retreating to $5,182. Locally, Egypt followed a similar trajectory: 21-karat…

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