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Day: December 4, 2023

Al Khaber for Accounting And Auditing Services > News > 2023 > December > 04

How is the Ban on Debit Card Usage in Foreign Currency Affecting Egyptian Startups?

December 4, 2023
“If I cannot pay for these infrastructural services from my own Egyptian bank, then I can’t really operate in Egypt. So I might as well just look for an environment where I can actually use my money however I please.” This is what Ramy Kandil, a 33-year-old Egyptian entrepreneur had…

Cepsa and C2X Set Up Joint Project To Develop the Largest Green Methanol Plant in Europe

December 4, 2023
Cepsa, which is owned by Mubadala and Carlyle, and C2X, an independent company majority owned by A.P. Moller Holding with A.P. Moller–Maersk as minority owner, announce a joint ambition to develop a green methanol plant in the port of Huelva, southern Spain.  Green methanol is made by using green hydrogen and…

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