Syrian Finance Minister Mohammad Barniyeh announced the formation of a committee to study non-performing loans in state-owned banks to ensure recovery of public funds and ease borrowers' burdens through incentive programs and exemptions.

The British Embassy in Cairo held a farewell event for the 2025/2026 Chevening Scholarship recipients, including 29 Egyptian scholars pursuing master's degrees in the UK. The program supports students from Egypt and the wider region to become future leaders.

Al Sharqia Governor met with the Japanese Ambassador in Cairo to discuss enhancing joint cooperation in various fields, focusing on technical education and industrial investment in the governorate.

Fayoum Governor Ahmed Al-Ansari met with investors and utility companies to discuss the development of Kom Oshim Industrial Zone, addressing challenges such as increasing electrical capacity, improving water pressure, road maintenance, and supporting new industrial projects to boost economic growth and job creation.

Gold futures hit a record $3,540 as global central banks' gold holdings surpassed U.S. Treasury bonds for the first time since 1996, amid expectations of a Federal Reserve interest rate cut.

Gold prices hit a record high above $3500 per ounce amid expectations of a US interest rate cut in September. Other precious metals showed mixed price movements.

Global bond markets have seen sharp volatility this year with rapid fluctuations. Long-term bond yields hit record highs in Japan, the US, and Europe amid investor concerns about fiscal and monetary policies.

Salam Telecommunications Union Company hosts data within Saudi Arabia and adheres to the highest governance standards to support Vision 2030, adopting the "Cybersecurity by Design" approach and leveraging AI to enhance cybersecurity.

Singapore has criminalized the possession and use of electronic cigarettes, imposing strict penalties including fines and imprisonment. The Egyptian immigration sector warns travelers to comply with local laws to avoid violations.

The Suez Canal Economic Zone signed a contract with a Chinese company to build a ready-made garments factory in West Kantara with an $8 million investment, aiming to produce 16.5 million pieces annually and create 2,000 jobs, with all production dedicated to export.