2025 – Page 4 – Al Khaber for Accounting And Auditing Services

Egypt explores localisation of electrical equipment manufacturing with Chinese firms

December 28, 2025

Mahmoud Essmat, Minister of Electricity and Renewable Energy, concluded his meetings and field visits during his current trip to China with a series of discussions aimed at strengthening cooperation and advancing the localisation of electrical equipment manufacturing in Egypt. The meetings brought together Essmat with Chen Xiaoling, chairperson of the…

ACUD launches smart licensing system to streamline urban development in New Capital

December 28, 2025

The Administrative Capital for Urban Development (ACUD) has announced the completion of the first phase of its smart licensing and ministerial approvals system, marking a major transformation in the review of urban designs and the issuance of construction permits in Egypt’s New Administrative Capital. The new system is designed to…

Jawad Developments appoints Eltizam Egypt to manage Val Plaza Mall in west Cairo

December 28, 2025

Jawad Developments has announced a partnership with Eltizam Egypt, a provider of integrated asset and facilities management services, to manage and operate the Val Plaza project in 6th of October City, west Cairo, ahead of the mall’s opening in the first half of next year. Commenting on the agreement, Adel…

FRA issues ‘Real Estate Ownership Bond Insurance’

December 28, 2025

The Financial Regulatory Authority (FRA), led by Mohamed Farid, announced the issuance of a specialized document under the name “Real Estate Ownership Bond Insurance.” This new model allows insurance companies to provide coverage for buyers against any risks related to the validity of ownership or any flaws in the proof…

New Year New Habits for a More Balanced Life

December 28, 2025

As the new year begins, adopting simple daily habits can support balance and well-being. From staying active to prioritizing rest and relationships, small choices matter. For adult smokers, quitting remains ideal, while switching to less harmful alternatives such as heated tobacco products like IQOS can be a step toward better…

CBE’s 1% rate cut eases financing costs, boosts industry, market confidence

December 27, 2025

The Central Bank of Egypt (CBE) announced a 1% cut in its key interest rates last Thursday, marking a significant step towards easing monetary conditions and supporting economic activity amid signs of moderating inflation. The decision was widely welcomed by lawmakers, business leaders and industry experts, who described it as…

FRA issues model policy for Real Estate Title Insurance in Egypt

December 27, 2025

The Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has announced the issuance of a model insurance policy for Real Estate Title Insurance, enabling insurance companies to provide coverage to property buyers against risks related to the validity of ownership and the emergence of title defects that were unknown at…

Egypt targets 80% debt-to-GDP ratio by June 2026 as external debt falls $4bn

December 27, 2025

Egypt aims to reduce its budget debt-to-GDP ratio to 80% by the end of June, Finance Minister Ahmed Kouchouk said on Saturday, as the government continues a fiscal discipline path that has already seen the ratio fall from 96% to 84% over the past two years. Speaking at a salon…

Banks in Egypt record net profits of EGP 433.8bn in Q3 2025

December 27, 2025

Banks operating in the Egyptian market recorded net profits of EGP 433.772bn in the third quarter of 2025, up from EGP 274.938bn in the second quarter, according to data released by the Central Bank of Egypt (CBE). In its latest report, the CBE said net interest income at banks reached…

Egyptian market awaits impact of 1% rate cut on savings returns, loans and debt instruments

December 27, 2025

The Egyptian market is awaiting banks’ return to business, Sunday, following the weekend break, to assess the impact of the Central Bank of Egypt’s (CBE) decision last Thursday to cut interest rates by 1% on returns from savings products and the cost of borrowing. The Monetary Policy Committee (MPC) of…

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Year: 2025