October 28, 2025 – Al Khaber for Accounting And Auditing Services

Egypt’s external debt rises to $161.2bn in June 2025: CBE

October 28, 2025

The Central Bank of Egypt (CBE) announced that the country’s total external debt reached $161.23bn in June 2025, up from $156.69bn in March 2025 — an increase of $4.54bn. According to the CBE’s quarterly report issued on Tuesday, long-term external debt totalled $130.32bn, while short-term debt amounted to $30.91bn. The…

QatarEnergy announces new expansion of gas exploration operations in Egypt

October 28, 2025

QatarEnergy has announced a new expansion of its operations in Egypt through a partnership with Italian energy company Eni in the offshore North Rafah concession in the Mediterranean Sea for natural gas exploration. With this addition, QatarEnergy’s portfolio in Egypt now includes six offshore concessions, where it partners with several…

Banque Misr joins “Open Your Account in Egypt” initiative for expatriate Egyptians

October 28, 2025

Banque Misr has signed a cooperation protocol with the Ministry of Foreign Affairs, Emigration, and Egyptians Expatriate, alongside National Bank of Egypt, as part of the “Open Your Account in Egypt” initiative. Launched by the Central Bank of Egypt (CBE) in collaboration with the Ministry. The initiative aims to simplify…

ETA issues comprehensive tax guide for contracting, construction services

October 28, 2025

Rasha Abdel Aal, Chairperson of the Egyptian Tax Authority (ETA), has announced the release of a comprehensive explanatory guide addressing the tax treatment of contracting and construction services under the provisions of Law No. 157 of 2025. Abdel Aal explained that the new guide aims to enhance tax awareness within…

Chemical Industries Holding launches green hydrogen projects in partnership with global investors: El-Shimy

October 28, 2025

Mohamed El-Shimy, Minister of the Public Enterprises Sector, announced that the Chemical Industries Holding Company—affiliated with the Ministry—is implementing several ambitious projects to produce green hydrogen and its derivatives, in cooperation with international investors and government entities. These initiatives align with the state’s strategy to localize industry, advance green technology,…

Egypt’s Al-Mashat to discuss global challenges, public-private partnerships at FII9 in Riyadh

October 28, 2025

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, has arrived in Saudi Arabia to participate in the Ninth Edition of the “Future Investment Initiative” (FII9) Conference. The conference, themed “The Key to Prosperity,” is being held at the King Abdul Aziz International Conference Center in Riyadh and…

SCZONE breaks ground on $20.5m Top New, Top Credit textile projects in West Qantara

October 28, 2025

Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), and Ahmed Essam El-Din, Deputy Governor of Ismailia, laid the foundation stonnee on Tuesday for two textile and ready-made garment projects in the West Qantara Industrial Zone, affiliated with SCZONE. The projects, with total investments of $20.5m, will span…

TransMEA 2025 to feature Reverse Industrial Expo highlighting local manufacturing capabilities

October 28, 2025

The 6th Smart Transport and Logistics Fair and Forum for the Middle East and Africa (TransMEA 2025), scheduled to take place from 9 to 11 November at the Egypt International Exhibition Center, will feature a Reverse Industrial Exhibition under the slogan “Industry and Transport Together for Sustainable Development.” The Reverse…

Sokkar Mecca, China’s JACK launch AI-powered sewing equipment in Egypt

October 28, 2025

Sokkar Mecca for Sewing Machines, a leading provider of advanced sewing solutions and the official agent of China’s JACK in Egypt, has launched the latest JACK A5E-B AMH2 sewing machine, powered by artificial intelligence (AI). The launch comes as part of Sokkar Mecca’s strategy to introduce cutting-edge sewing technologies to…

Prime Minister inaugurates redeveloped Ataba Market in downtown Cairo

October 28, 2025

Prime Minister Mostafa Madbouly today inaugurated the redeveloped Ataba Market in downtown Cairo, one of Egypt’s oldest and most famous popular markets. The project is part of a state plan to modernise informal markets and preserve distinctive heritage areas. The inauguration was attended by Manal Awad, Minister of Local Development…

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Day: October 28, 2025