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Top 10 Trending News of September’s 4th Week

Updated 9/25/2026 9:00:00 AM
Top 10 Trending News of September’s 4th Week

Arab Finance: The fourth week of September 2026 brought a series of key developments across Egypt’s economy. An assessment by the International Monetary Fund (IMF) found that stronger macroeconomic buffers and a swift policy response helped Egypt contain the economic fallout from the war in the Middle East, although significant vulnerabilities continue to weigh on the economy.

Below is a roundup of the week’s top 10 business and economic headlines:

1-Egypt’s stronger buffers helped contain fallout from Middle East war: IMF

Egypt’s stronger macroeconomic buffers and swift policy response helped contain the economic fallout from the war in the Middle East, although significant vulnerabilities continue to weigh on the economy.

2-Suez Canal revenues rise 56.7% YoY in August on higher traffic

The Suez Canal's revenues increased 56.7% year-on-year (YoY) to $567.1 million in August 2026 from $326 million, as vessel traffic and net tonnage recorded double-digit growth.

3-Egypt’s remittances climb 28.1% YoY in January-July 2026

Remittances from Egyptians working abroad reached approximately $29.7 billion in the first seven months of 2026.

4-FRA approves 11 entities for non-banking financial activities

The Financial Regulatory Authority (FRA) has approved the incorporation, registration, or licensing of 11 companies and entities across several non-banking financial activities.

5-US LNG exports to Egypt surge 236% YoY in June

US liquefied natural gas (LNG) exports to Egypt rose by 236% year on year (YoY) to 86.047 billion cubic feet in June 2026, making the country the largest destination for US LNG during the month.

6-US imposes up to 52.73% antidumping duties on Egyptian rebar

The US Department of Commerce has imposed antidumping duties ranging from 34.20% to 52.73% on steel concrete reinforcing bar imported from Egypt, effective September 18, 2026.

7-CBUAE gives preliminary approval for NBE to acquire Banque Misr's UAE branches

The Central Bank of the UAE (CBUAE) has given preliminary approval to the National Bank of Egypt’s (NBE) request to acquire Banque Misr’s UAE branches.

8-EBRD approves up to $32.1M equity investment in Hassan Allam Utilities’ RWD

The European Bank for Reconstruction and Development (EBRD) has approved an equity investment of up to $32.1 million in RWD Investments BV, a water infrastructure platform wholly owned by Egypt-based utilities company Hassan Allam Utilities (HAU).

9-Shalateen Mineral Resource's gold production exceeds 850 kg in first 9 months of 2026

Shalateen Mineral Resource Company increased its gold production by about 9.6% year on year in the first nine months of 2026, exceeding 850 kilograms.

10-EFG Holding, EBRD sign $40M financing deal to support MSMEs in Egypt

 EFG Holding secured a four-year term loan valued at $40 million from the European Bank for Reconstruction and Development (EBRD).

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