The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,709.96 | +3.66% |
| Dow Jones | 53,885.10 | +3.21% |
| Nasdaq | 26,348.35 | +4.88% |
| FTSE 100 | 10,867.89 | -0.27% |
| DAX | 26,140.13 | +2.06% |
| CAC 40 | 8,699.71 | +2.23% |
| Nikkei 225 | 65,212.07 | +2.29% |
| Hang Seng | 25,567.85 | -1.22% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 54,676.90 | +0.03% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.50–3.75% |
| SOFR (overnight) | 3.64% |
| 1-year UST | 4.06% |
| 2-year UST | 4.25% |
| 3-year UST | 4.31% |
| 5-year UST | 4.40% |
| 10-year UST | 4.69% |
| 30-year UST | 5.22% |
| Euro Area | |
| ECB deposit facility | 2.25% |
| ECB main refinancing | 2.40% |
| ECB marginal lending | 2.65% |
| €STR | 2.19% |
| Pair | Rate | Change |
|---|---|---|
| USD / EGP | 49.64 | -2.54% |
| EUR / USD | 1.1526 | -0.16% |
| GBP / USD | 1.3454 | -0.28% |
| USD / JPY | 158.40 | +0.52% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +7.14% · $/oz | ▲ $4,321.70 |
| WTI crude -2.15% · $/bbl | ▼ $78.61 |
| Brent crude +0.31% · $/bbl | ▲ $84.03 |
(7 Aug) Oil prices advanced as a restrictive draft plan from Iran for the Strait of Hormuz renewed concerns over global supply disruptions. The development threatens a critical shipping chokepoint, adding geopolitical risk premium to energy markets.
Read full article → CNBC(7 Aug) An unprecedented joint intervention by the United States and Japan to support the yen could fundamentally alter market behavior. Analysts suggest this coordinated action may reshape how global currency markets price in sovereign risk and central bank coordination.
Read full article → CNBC(7 Aug) Chinese exports exceeded expectations in July, driven by robust global demand for high-tech components and artificial intelligence hardware. The surge highlights the continued absorption of the country's manufactured goods despite ongoing trade frictions.
Read full article → CNBC(6 Aug) JPMorgan Chase Chief Executive Jamie Dimon cautioned that elevated leverage across financial markets poses a significant risk to stability. He warned investors to remain vigilant, noting that hidden borrowing could amplify future market disruptions.
Read full article → CNBC(6 Aug) China has deployed its most extensive package of trade countermeasures since last autumn, responding to recent U.S. technology restrictions. The retaliatory moves test the current trade truce just weeks ahead of a scheduled summit between the two nations' leaders.
Read full article → CNBC(6 Aug) Advanced Micro Devices has acquired a chip startup specializing in hardwiring artificial intelligence models directly into silicon. The acquisition bolsters the semiconductor company's capabilities in running advanced machine learning models efficiently on its hardware.
Read full article → CNBC(6 Aug) Eli Lilly has expanded its lead in the obesity drug market following its latest earnings report, widening the gap with rival Novo Nordisk. The Danish competitor is now focused on regaining market share and restoring investor confidence in its pharmaceutical pipeline.
Read full article → CNBC(6 Aug) Google's rapid expansion in artificial intelligence is testing its commitment to frontier research as commercial returns take priority. The shift toward cloud-driven monetization has prompted the departure of several key researchers who originally built the technology.
Read full article → CNBC(6 Aug) Refining capacity remains exceptionally tight due to ongoing conflicts in Ukraine and Iran, keeping consumer fuel prices elevated. Consequently, retail gas prices are likely to stay high this autumn even if broader crude oil markets stabilize.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(5 Aug) The Egyptian government plans to build two integrated medical cities in the New Administrative Capital and New Alamein with over 5 billion USD in foreign direct investment. The projects will include specialized hospitals and training centers to boost Egypt's position as a regional hub for healthcare and medical tourism.
Read full article → Economy Plus(5 Aug) The ministries of finance and industry are coordinating to launch a new program to replace old vehicles with modern, more efficient, and environmentally friendly ones. The initiative aims to boost demand for locally manufactured cars and redirect scrap metal to the domestic steel industry.
Read full article → Economy Plus(5 Aug) Ezz Elarab El Sewaidy Investments signed a strategic partnership with Chery Group's Omoda and Jaecoo brands to manufacture their models with investments of 5 billion EGP. The partnership shifts their collaboration from commercial distribution to joint investment in production infrastructure and facilities.
Read full article → Economy Plus(5 Aug) Egypt's wheat imports fell in June and July due to shipping disruptions in the Black Sea caused by escalating attacks between Russia and Ukraine. The country received about 200,000 tons of Ukrainian wheat and 400,000 tons of Russian wheat during the two months, well below normal monthly volumes.
Read full article → Economy Plus(5 Aug) Rich Peak bakery products sales of whole grain and bran items jumped threefold in recent months, driven by a shift in consumer preferences toward healthier options. The company noted that demand for these products rose at the expense of other varieties, contributing to overall growth in toast sales over the past three years.
Read full article → Economy Plus(5 Aug) Sun Rise for Tourist Resorts and Hotels plans to secure 8 billion EGP in bank loans from the National Bank of Egypt and Commercial International Bank. The funding will be used to develop four owned hotels in Marsa Alam and Cairo, alongside opening five new properties this year.
Read full article → Economy Plus(5 Aug) EgyptAir has resumed direct flights between Cairo and Port Sudan, operating five flights per week starting August 5, 2026. The national carrier is also offering discounts of up to 50% on tickets for the first flight to the Sudanese city.
Read full article → Economy Plus(5 Aug) Egypt and Iraq discussed a project to extend an oil pipeline from Iraq to the Jordanian port of Aqaba and onward to the Red Sea. The talks, held on the sidelines of an Arab ministerial meeting in Amman, also covered cooperation in the electricity sector to support economic integration and energy export routes.
Read full article → Economy Plus(5 Aug) Egypt's foreign exchange reserves rose to 56.29 billion USD at the end of July, exceeding the 56 billion USD mark for the first time and marking the 47th consecutive month of increases. The reserves grew by about 1.22 billion USD from June, supported by a rise in foreign currency assets to 38.7 billion USD and gold reserves to 17.14 billion USD.
Read full article → Economy Plus(6 Aug) The Central Bank of Egypt, on behalf of the Finance Ministry, will auction 120 billion EGP in treasury bills across two tenders. The offering includes 50 billion EGP for 182 days maturing on February 9, 2027, and 70 billion EGP for 364 days maturing on August 10, 2027.
Read full article → Economy Plus(5 Aug) The Central Bank of Egypt announced the formation of a working group comprising ministries and relevant entities to issue a sustainable finance taxonomy. The initiative aims to support the state's push for sustainable finance, align with international best practices, and boost investor confidence in green investments.
Read full article → Economy Plus(5 Aug) The Ministry of Industry announced a new package of facilitations, including the cancellation of a requirement that industrial land must be operated for three years before it can be disposed of. Industry Minister Khaled Hisham issued decision 171 of 2026 to amend previous rules, removing the time restriction for land transfers and the one-year operation requirement for rentals.
Read full article → Economy Plus(5 Aug) The Tourism Development Authority signed a cooperation protocol with the Future of Egypt Device for Sustainable Development to maximize the utilization of state-owned assets. The agreement involves the authority providing technical and consulting support to prepare general and detailed studies for the device's projects.
Read full article → Economy Plus(5 Aug) Prime Minister Mostafa Madbouly and Housing Minister Randa El-Menshawy discussed a draft law for the Egyptian Real Estate Developers Union. The proposed legislation aims to create a legal framework that regulates the real estate market, balancing investment stimulation with the protection of state, developer, and consumer rights.
Read full article → Economy Plus(5 Aug) Al-Oula Mortgage Finance Company has begun serious negotiations with the New Urban Communities Authority to purchase a portfolio of units valued at around 2 billion EGP. The portfolio includes commercial, administrative, and residential units, according to local media reports.
Read full article → Economy Plus(5 Aug) Drug prices will remain printed on packaging alongside a new QR code-based tracking system designed to monitor the pharmaceutical supply chain. The system will provide data on production and expiry dates, helping to curb smuggling, combat monopolies, and improve market oversight.
Read full article → Economy Plus(5 Aug) The Micro, Small and Medium Enterprise Development Authority is planning to establish a dedicated entity for financial activities as part of a broader restructuring of its operations. The authority's CEO presented the strategic vision to transform the agency into a key enabler for growth, exports, and entrepreneurship.
Read full article → Economy Plus(5 Aug) Juhayna Food Industries reported a 76.8% year-on-year increase in first-half 2026 net profit, reaching 1.3 billion EGP compared to 780.8 million EGP in the same period last year. The growth was driven by a 25% rise in net sales to 17.6 billion EGP, with second-quarter profits climbing 48% to 712.9 million EGP.
Read full article → Economy Plus(5 Aug) Soumaya Bay is executing an expansion plan across 10 million square meters, with over 50% of development completed and expectations to receive 2 million visitors in 2026. The project includes hotel investments of 142 million USD to add 4 to 5 new hotels, aiming for 3,000 rooms within three years, alongside residential sales targeting 20 billion EGP this year.
Read full article → Economy Plus(5 Aug) The Egyptian Exchange's EGX30 index rose 0.29% to close at 54,659 points, supported by purchases from Egyptian investors, while the EGX70 and EGX100 indices fell 0.16% and rose 0.15% to 19,765 and 25,862 points, respectively. Meanwhile, the US dollar declined by about 48 piastres against the pound, trading at 49.74 EGP for buying and 49.88 EGP for selling.
Read full article → Economy Plus(5 Aug) There is progress in communications regarding the Strait of Hormuz between Iran and the United States, mediated by Oman, which could restore navigation and pave the way for broader negotiations. However, diplomatic developments remain fragile, and there is no indication yet that the conflict has ended.
Read full article → Economy Plus(5 Aug) Saudi Arabia's National Housing Company aims to more than double its residential portfolio to over 400 billion riyals by 2030, up from about 200 billion riyals currently. The company also targets doubling its residential units to 600,000 by the end of the decade, betting on sustained demand in major Saudi cities.
Read full article → Economy Plus(5 Aug) International Holding Company, one of Abu Dhabi's largest investment firms, posted a second-quarter net profit of about 3.5 billion USD, more than tripling from a year earlier. Revenues grew 36% to roughly 9 billion USD, while total assets increased 10% to approximately 126.8 billion USD.
Read full article → Economy Plus(5 Aug) Algeria's state grain buyer purchased about 720,000 tons of milling wheat in an international tender that closed on Wednesday. Initial purchase prices were estimated between 289 and 290 USD per ton, including cost and freight.
Read full article → Economy Plus(5 Aug) Spot gold prices surged past 4,200 USD per ounce, reaching their highest level since mid-June, as inflation fears eased amid hopes for a Washington-Tehran agreement. Spot gold rose about 3.7% to 4,229.7 USD per ounce, while December futures closed at around 4,305 USD.
Read full article → Economy Plus