Dubai World Trade Centre has opened its first representative office in the Scandinavian countries in Stockholm to boost trade relations between Dubai and Sweden. Non-oil trade between the two reached AED 3.9 billion in 2024, with 940 active Swedish companies registered with the Dubai Chamber by mid-2025.

The Ibrahim Street development project in Korba, Heliopolis, has reached 75% completion as of early October, aiming to preserve Cairo's heritage character and improve the urban environment.

Dubai-based startup Key2Enable is preparing for global expansion through a franchise model in the private education market after securing over $300,000 in funding following its appearance on "Shark Tank UAE." The company focuses on educational technologies for children with special needs and plans to launch "Literacy Labs" in multiple countries.

Egypt's Finance Minister Ahmed Kouchouk stated that the economy is improving with the private sector holding 60% of investments. The external debt of the budget has been reduced by $3 billion over two years, and the ministry repays more debt than it borrows.

EU countries announce a 5 billion euro plan over three years to fund Gaza reconstruction, with repair work starting in 2026 amid concerns over internal divisions that may delay implementation.

Iron prices in Egypt stabilized on Friday 10-10-2025, ranging between 38,000 and 40,000 EGP per ton, maintaining steady levels over the past two months with slight expected movements.

The Pacific Tsunami Warning Center raised an alert after a 7.4 magnitude earthquake off southern Philippines, warning of potentially destructive tsunami waves up to one meter high in the Philippines, Palau, and Indonesia. Authorities urged immediate evacuation of coastal areas.

The European Union is launching a €5 billion support plan to rebuild the Gaza Strip, with restoration work beginning in early 2026, following the ceasefire agreement between Israel and Hamas.

Pfizer reached an agreement with President Donald Trump to lower prices on some drugs and sell them directly to patients amid Trump's threats of tariffs on imported drugs. The deal includes significant investments in US research and development but raised concerns about higher drug prices in Europe.

The UAE President has issued Federal Decree Law No. (6) of 2025 regulating the Central Bank, financial institutions, activities, and insurance to enhance the stability and efficiency of the financial sector.