Sada ElBalad English

Wed 09 Sep 2026 | 08:44 PM Mustafa Sheikhoun, Chairman of the Suez Canal Economic Zone (SCZONE) met with a senior delegation from Japanese trading company Toyota Tsusho Corporation (TTC) to discuss deepening cooperation and expanding the company’s investments in the automotive and renewable-energy sectors.

Wed 09 Sep 2026 | 08:37 PM Egypt and seven Arab and Muslim countries on Wednesday welcomed the United Kingdom’s decision to ban imports of goods from Israeli settlements in the occupied Palestinian territories and impose restrictions on services linked to the settlements.

Wed 09 Sep 2026 | 08:38 PM Japanese yen. Source: Bloomberg Yen gains nearly 4% since the start of September as markets assess the impact of rising energy prices and Middle East tensions The Japanese yen rose to its highest level against the U.S. dollar in seven months on Wednesday, as pressure on the U.S. currency intensified and oil prices above $100 a barrel sent fresh ripples through global markets amid escalating tensions in the Middle East.

Wed 09 Sep 2026 | 08:34 PM Pile of Egyptian and American money currency banknotes of 1, 2 and 20 dollars and 10, 20, 100 and 200 EGP LE Egyptian pounds bills, American and Egyptian money banknote exchange rate The U.S. dollar rose against the Egyptian pound at the close of trading on Wednesday, with the greenback gaining at most banks operating in Egypt’s local market. Al Ahli Bank of Kuwait recorded the highest dollar buying rate at EGP 51.27, while its selling rate stood at EGP 51.37.

Wed 09 Sep 2026 | 07:54 PM Egyptian stocks closed Wednesday’s session with mixed performance across the main market indices, as buying interest in large-cap shares lifted the benchmark EGX30 despite broad declines across small- and mid-cap stocks. The EGX30 rose 0.58% to close at 56,500 points, while the EGX70 index of small- and mid-cap stocks fell 0.31% to 21,334 points. The broader EGX100 index also declined, slipping 0.23% to end the session at 27,950 points.

Wed 09 Sep 2026 | 07:46 PM Oil prices surged back above the psychologically important $100-a-barrel threshold on Wednesday as the escalating Middle East conflict intensified concerns over global crude supplies and threatened key shipping routes. Brent crude futures climbed $2.77, or 2.83%, to $100.69 a barrel by 10:33 a.m. GMT, after touching an intraday high of $100.95, according to Reuters.

Wed 09 Sep 2026 | 07:38 PM As part of the continuous coordination between the Ministry of Planning and Economic Development and the Ministry of Investment, Dr. Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI), participated in a meeting chaired by Dr. Ahmed Rostom, Minister of Planning and Economic Development.

Wed 09 Sep 2026 | 07:09 PM Egypt's Foreign Minister (FM) Dr. Badr Abdelatty received Mr. Mark Bowman, Vice President of the European Bank for Reconstruction and Development (EBRD), on Wednesday, September 9, 2026, to explore ways to strengthen the existing partnership between Egypt and the bank, as well as support cooperation in several priority sectors for the Egyptian state.

Wed 09 Sep 2026 | 06:53 PM Former PMOI Secretary-General Zahra Merrikhi raises the hand of newly elected Secretary-General Mahnaz Maimanat at the final voting session, September 6, 2026. On September 6, 2026, the People’s Mojahedin Organization of Iran elected Mahnaz Maimanat as its new Secretary-General. The PMOI selects its Secretary-General through a three-stage election process involving progressively broader participation within the organization.

Wed 09 Sep 2026 | 05:08 PM South Korea Tuesday said it remains in consultations with a range of countries over its "practical contributions" in the nearly closed Strait of Hormuz amid fresh hostilities between the US and Iran, Anadolu Ajansi reported. "Korea remains in consultations with a range of countries — namely, the United States — for its practical contributions in the Strait of Hormuz," local English newspaper Korea JoongAng Daily reported, citing a presidential office official.