August 10, 2025 – Al Khaber for Accounting And Auditing Services

Global matcha market to surpass $7bn by 2030: Nutrition expert

August 10, 2025

Nutrition consultant Nourhan Kandil emphasized that matcha is no longer just a global wellness trend—it has become a lifestyle choice with significant health and economic impact in Egypt. Originally introduced as a fashionable Japanese drink, matcha has evolved into a staple in the daily routines of many Egyptians, Kandil noted.…

Egypt pursues expansion of biogas, organic fertilizer production from agricultural waste

August 10, 2025

Egypt’s Minister of Local Development and Acting Environment Minister, Manal Awad, held a key meeting on Sunday with Agriculture Minister Alaa Farouk to discuss accelerating the use of agricultural and livestock waste for biogas production and organic fertilizer manufacturing. This move aligns with the country’s green transition goals and circular…

Egypt’s annual urban inflation rate drops to 13.9% in July from 14.9% in June

August 10, 2025

Egypt’s annual urban inflation rate eased to 13.9% in July, down from 14.9% in June, reflecting a modest improvement in the country’s inflationary pressures. The monthly inflation rate also showed a larger decline, recording -0.6% in July compared to -0.1% in June, suggesting a more substantial drop in prices. In…

FRA modernizes digital, legislative infrastructure to align with global standards: Chief

August 10, 2025

In a recent meeting with the leadership and staff of the Financial Regulatory Authority (FRA), Mohamed Farid, the Chairperson of the Authority, emphasized the FRA’s continuous efforts in modernizing Egypt’s financial regulatory framework to align with international standards and practices. This initiative is key to enhancing the efficiency and transparency…

Egypt to issue €600m Euro-denominated T-bills

August 10, 2025

The Central Bank of Egypt (CBE) will issue €600m in euro-denominated treasury bills on Monday, maturing in August 2026. The proceeds from this issuance will be used to repay a previous issuance worth €609.8m, launched on 13 August 2024. In a similar auction held on 4 November 2024, the CBE…

Military production minister discusses cooperation with Japan in key manufacturing sectors

August 10, 2025

Mohamed Salah El-Din, Egypt’s Minister of State for Military Production, recently met with Oka Fumio, Japan’s Ambassador to Cairo, along with his accompanying delegation, to discuss the progress and prospects of industrial and technological cooperation between Egypt and Japan. The meeting focused on ways to leverage global expertise and localize…

Egypt launches 2 separate energy storage plants with 1,500 MWh capacity in Aswan, Red Sea

August 10, 2025

Mahmoud Esmat, Minister of Electricity and Renewable Energy, has met with Hussain Al Nowais, Chairperson of AMEA Power (part of the UAE’s AlNowais Investments), at the Ministry of Electricity’s headquarters in the New Administrative Capital to explore expanding renewable energy and battery-based energy storage projects in Egypt. The discussion centered…

Uptown 6 October partners with Fawry to enhance digital payment solutions for real estate transactions

August 10, 2025

Uptown 6 October, one of Egypt’s leading real estate developers, has announced a strategic partnership with Fawry, Egypt’s premier fintech company, to implement a comprehensive electronic payment system for its real estate clients. This collaboration aims to streamline and improve the efficiency of financial transactions within Egypt’s rapidly growing real…

Dama Development unveils Rawasin Compound in New Sohag, expanding presence in Upper Egypt

August 10, 2025

Dama Development has officially opened a new branch in Sohag City, marking a significant milestone in its expansion into Upper Egypt. During the inauguration ceremony, the company also unveiled its latest project, the Rawasin Compound in New Sohag City. Taher Abu Raqam, Chairperson of Dama Development, explained that the new…

Jawad Developments unveils Hayah Walk Mall as part of Hayah Residence in 6th of October

August 10, 2025

Jawad Developments is set to launch the second phase of its Hayah Residence project in 6th of October City, following the sell-out success of phase one. This phase includes the introduction of Hayah Walk Mall, a key part of the company’s mixed-use development in the heart of West Cairo. Located…

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Day: August 10, 2025