Developments in the world economy, international trade, finance and energy. Source-linked reporting appears in this section.
At a Perth conference, Egypt’s petroleum minister discussed gold and mineral exploration with mining and services companies, including Perseus Mining, Xinhai and Gold Fields.
A September 20 Cabinet meeting reviewed a planned national economic conference and the National Economic Transformation Program. The program aims to support a private-sector-led economy, boost exports, create jobs and improve living standards.
The Central Bank of Egypt said remittances from Egyptians working abroad reached about US$29.7 billion from January through July 2026. The total was 28.1% higher than the roughly US$23.2 billion recorded in the same period a year earlier.
The government’s national energy strategy aims for renewables to supply 45% of the energy mix by 2028. A September 10 review also reported about 1,100 MWh of storage capacity.
The Central Bank of Egypt reported provisional net international reserves of US$57.2145 billion at the end of August 2026.
A government review covered Egypt’s existing national seawater strategy through 2050, its target of about 9 million cubic metres of daily capacity and expanded local component production.
Egyptian and Thai officials discussed economic and industrial cooperation, investment and ways to increase bilateral trade at a September 13 meeting. Thai representatives expressed company interest in expanding in Egypt.
The two central banks renewed their dirham–Egyptian pound swap at AED 5 billion, equivalent to EGP 69 billion, for another five years.
The Abu Dhabi event is scheduled for 14–15 October and is expected to feature more than 100 locally made products.
Fitch cited easing LNG-related risks and forecast a recovery tied to resumed exports and North Field expansion.
Partnerships with ADIO and ADGM cover digital assets, cross-border infrastructure and financial-sector links.
The Arab East Conference for Agricultural Exports concluded in Amman on Sept. 16 with adoption of a declaration on agricultural integration and exports, Petra reported. It brought together more than 1,000 business and agricultural leaders, importers from 25 countries and 35 expert speakers.
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