October 2025 – Page 2 – Al Khaber for Accounting And Auditing Services

Zohr-9 well boosts Egypt’s gas output by 70 million cubic feet per day

October 29, 2025

Minister of Petroleum and Mineral Resources Karim Badawi has announced the successful completion of drilling operations at the Zohr-9 well, located in the Mediterranean’s Zohr gas field. The new well is expected to add approximately 70 million cubic feet of natural gas per day to Egypt’s production capacity, reinforcing the…

Dsquares Chooses Saudi Arabia to Launch its Latest Loyalty InnovationsD’light & D’vote

October 29, 2025

Dsquares, a leading provider of loyalty and rewards solutions in the GCC, announced the regional launch of two flagship products — the D’light Rewards Catalogue and D’vote Fan Engagement — during an exclusive industry event in Riyadh. This milestone reinforces Dsquares’ commitment to shaping a new era of rewarding in…

Egypt’s external debt rises to US$ 161.23 billion at the end of June

October 29, 2025

Egypt’s external debt rose to US$161.23 billion by the end of June, compared to $ 156.689 billion at the end of March, an increase of $4.541 billion, according to a report issued by the Central Bank of Egypt (CBE) on Tuesday. The report stated that long-term external debt reached $130.315…

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…

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Month: October 2025