September 9, 2025 – Al Khaber for Accounting And Auditing Services

Austrian Foreign Minister warns of rising nuclear risks, urges CTBT ratification

September 9, 2025

Vienna – Austrian Foreign Minister Beate Meinl-Reisinger on Monday warned of rising nuclear risks and an “appalling crisis” in international affairs, calling for a “paradigm shift” away from nuclear weapons and urging remaining states to ratify the Comprehensive Nuclear-Test-Ban Treaty (CTBT). Speaking at the opening of the CTBT’s Science and…

Nuclear test ban body CTBTO opens major SnT conference with Hiroshima warning

September 9, 2025

Vienna – The head of the world’s nuclear test ban watchdog opened a major science and technology conference in Vienna on Tuesday, telling a record number of participants that the world is on the verge of its longest-ever period without a single nuclear test. Dr Robert Floyd, Executive Secretary of…

Egypt urges stronger Arab, global cooperation to address water scarcity, climate challenges

September 9, 2025

Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, stressed on Tuesday the importance of strengthening regional and international cooperation to confront the growing challenges of water scarcity and climate change. Speaking at a high-level ministerial session titled “Redefining the Integrated Water-Energy-Climate Nexus for a Sustainable Future” during the Second…

Egypt launches advanced seismic survey project in Eastern Mediterranean

September 9, 2025

Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, has announced the launch of a landmark Ocean Bottom Node (OBN) seismic survey project in the Eastern Mediterranean, covering up to 95,000 square kilometres and deploying the latest global exploration technologies. Badawi said the project is designed to maximise the country’s…

Local Development Minister moves to expand access to non-banking financial services outside Cairo

September 9, 2025

Manal Awad, Minister of Local Development, has held a meeting with Mai Abdel Hamid, CEO of the Social Housing and Mortgage Finance Fund, alongside senior officials from the Ministry of Local Development, the Fund, the Financial Regulatory Authority (FRA), and representatives of the Ministries of Justice and Interior. The discussions…

GAFI chief highlights priority investment sectors at international conference in China

September 9, 2025

Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), outlined Egypt’s priority investment sectors that enjoy full government support, including renewable energy, green hydrogen, automotive, home appliances, tourism, education, healthcare, and information and communication technology (ICT). He noted that these sectors have already attracted significant investment…

Oman’s Afouq, Egypt’s Prime Group launch $265M AI, advanced technologies zone in Muscat

September 9, 2025

Oman’s Afouq Developments and Egypt’s Prime Group, in collaboration with the Ministry of Transport, Communications, and Information Technology (MTCIT), have announced the launch of the Sultanate’s first Artificial Intelligence and Advanced Technologies Zone. The project, unveiled during the COMEX International Exhibition, is set to transform Muscat into a regional hub…

BP signs MoU to drill five offshore wells in Mediterranean

September 9, 2025

BP has signed a memorandum of understanding (MoU) to explore opportunities for drilling five offshore wells in the Mediterranean Sea, in water depths ranging from 300 to 1,500 meters. The initiative is part of a broader effort to accelerate the development and production of Egypt’s natural gas reserves, while optimizing…

NBE raises financing for Magic Land Al Hokair’s TANZA project to EGP 1.2bn

September 9, 2025

The National Bank of Egypt (NBE) has signed an agreement to raise its long-term investment financing for Magic Land Al Hokair to EGP 1.2bn, covering 60% of the company’s estimated EGP 2.1bn investment in developing an integrated commercial entertainment city and cinema complex, to be launched under the name TANZA.…

SCZONE showcases investment opportunities to Peru’s ambassador

September 9, 2025

Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), met on Tuesday with Miguel Yllescas Ortiaga, Ambassador of Peru to Cairo, to discuss avenues of bilateral cooperation and highlight the wide range of investment opportunities within the zone’s industrial and logistics areas, as well as its affiliated seaports.…

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Day: September 9, 2025