The US dollar exchange rate remained stable against the Egyptian pound on September 1, 2025, across all major Egyptian banks. The Central Bank of Egypt recorded EGP 48.52 for buying and EGP 48.66 for selling. Most banks, including NBE, Banque Misr, CIB, and others, posted consistent rates of EGP 48.54 for buying and EGP 48.64 for selling.
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Israeli forces intensified their offensive in the Gaza Strip on Monday, resulting in the deaths of at least 31 people, including women and children, according to health officials. The strikes targeted areas on the outskirts of Gaza City and the Jabaliya refugee camp, where residents reported the use of explosive-laden robots to demolish buildings.
In Portugal, a 14-year-old boy confessed to deliberately starting wildfires across several parishes. He told police his actions stemmed from frustration over academic struggles and social difficulties. The blazes destroyed hectares of forest, alarming local residents. While authorities suspect he acted alone, they haven't ruled out other possible involvement. The case is now with the Family and Children’s Court.
Bangladesh's foreign affairs adviser, Md Touhid Hossain, stated that Dhaka is open to improved relations with New Delhi, emphasizing the need for mutual cooperation. He mentioned that there's no update from India regarding the extradition request for former PM Sheikh Hasina, filed after she fled Bangladesh in August 2024.
In a tragic incident, 12-year-old Sophia Forchas was critically injured in a shooting at Annunciation Catholic Church and School in Minneapolis. The attack, perpetrated by Robin Westman, resulted in multiple casualties and has been classified as domestic terrorism. Sophia is currently in critical condition, while the community grapples with the devastating impact of hate violence and calls for preventative measures.
Oman’s Golden Visa offers long-term residency through diverse investment options, including real estate, company shares, government bonds, and job creation. With clear eligibility criteria and tiered residency durations (5 or 10 years), the program supports economic diversification and family inclusion. Applications are processed via Migrate World, providing a transparent, flexible pathway for investors aligned with Oman’s Vision 2040 goals.
A series of undersea cable cuts in the Red Sea on September 6 disrupted internet services across the UAE and the Middle East, affecting major providers du, Etisalat, and Microsoft Azure. Users experienced slow or unstable connections, with repairs expected to take time. Telecom companies are working with global partners to reroute traffic and restore normal service.
Shigeru Ishiba resigned as Japan's Prime Minister after less than a year in office, triggered by the Liberal Democratic Party's electoral setbacks. His decision follows a historic defeat in parliamentary elections and pressure from rivals. Ishiba will initiate a party leadership contest to pick his successor, paving the way for new leadership contenders.
Bahrain has introduced duty-free import rules for factories under Decision No. 63 of 2025, allowing exemptions on industrial inputs that are unavailable, below standards, delayed, or costlier locally. The move aims to reduce production costs, boost local manufacturing, and align with Bahrain’s Industrial Strategy 2022–2026 and Economic Vision 2030, strengthening self-sufficiency and enhancing global industrial competitiveness.