Arab Finance: The Egyptian economy recorded several notable developments during the first week of September, led by the headline Purchasing Managers’ Index (PMI), which rose to a seven-month high of 49.6 in August 2026 from 46.8 in July, signaling a slower pace of contraction.

Here’s the list of the top 10 viral news stories:

1-Egypt’s non-oil private sector shows signs of stabilization in August

Egypt’s headline Purchasing Managers’ Index (PMI) jumped to a seven-month high in August 2026, recording 49.6, easing the downturn from 46.8 in July.

2-EGX leads Arab markets with 56.9% market cap growth in June 2026

The Egyptian Exchange (EGX) has topped Arab stock markets in June 2026, with a growth in market capitalization of 56.9% compared to June 2025.

3-Egypt denies plans to transfer Suez Canal ownership to CBE for government debt settlement

The Egyptian Cabinet commented on a proposal by a public figure to transfer ownership of state-owned assets, including the Suez Canal, to the Central Bank of Egypt (CBE) in exchange for settling part of the government’s domestic debt.

4-Egypt’s consumer financing leaps 88.5% in H1 2026: FRA

The Financial Regulatory Authority (FRA) recorded a remarkable surge in its non-bank financial performance during the first half (H1) of 2026, with consumer financing reaching EGP 71.839 billion.

5-Egypt-China bilateral trade hits $11.3B in H1 2026: CAPMAS

Egypt’s trade exchange with China jumped 21.5% year-on-year (YoY) to $11.3 billion in the first half (H1) of 2026, up from $9.3 billion.

6-Egypt, China to launch 3rd phase of TEDA industrial zone expansion in SCZONE

President Abdel Fattah El-Sisi announced an agreement with China to launch the third phase of the expansion of the Egyptian-Chinese industrial zone (TEDA) in the Suez Canal Economic Zone (SCZONE).

7-Ahmed Tarek Khalil exits Ajwa for Food Industries Egypt

Egyptian businessman and Shark Tank Egypt investor Ahmed Tarek Khalil has fully exited  Ajwa for Food Industries Egypt after selling his 8.34% stake in a deal valued at approximately EGP 301.65 million.

8-Mansour Group, China’s Tianneng sign MoU for battery manufacturing, energy storage in Egypt

Mansour Group signed a memorandum of understanding (MoU) with the Chinese group Tianneng to explore investment opportunities in battery manufacturing and energy storage solutions in Egypt.

9-bp begins production from Fayoum-4 well in Egypt

British oil company bp has commenced production from the Fayoum-4 well, adding new gas volumes to the Egyptian market.

10-CBE confirms US Treasury measures on Banque Misr limited to UAE branch

The Central Bank of Egypt (CBE) said that measures proposed by the US Department of the Treasury concerning Banque Misr’s operations in the UAE are limited to its Dubai branch and its USD transactions with correspondent banks.