The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,753.11 | +2.01% |
| Dow Jones | 53,975.98 | +1.50% |
| Nasdaq | 26,605.36 | +2.67% |
| FTSE 100 | 10,862.50 | +0.04% |
| DAX | 26,323.88 | +1.24% |
| CAC 40 | 8,726.03 | +0.69% |
| Nikkei 225 | 66,970.22 | +4.71% |
| Hang Seng | 25,773.56 | -0.31% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 54,876.00 | -0.45% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.50–3.75% |
| SOFR (overnight) | 3.62% |
| 1-year UST | 4.04% |
| 2-year UST | 4.25% |
| 3-year UST | 4.31% |
| 5-year UST | 4.41% |
| 10-year UST | 4.72% |
| 30-year UST | 5.25% |
| 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 | 49.83 | -0.63% |
| EUR / USD | 1.1549 | +0.15% |
| GBP / USD | 1.3513 | +0.46% |
| USD / JPY | 159.18 | +0.94% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +5.44% · $/oz | ▲ $4,472.60 |
| WTI crude +6.15% · $/bbl | ▲ $82.04 |
| Brent crude +6.16% · $/bbl | ▲ $87.57 |
(11 Aug) The United States and Iran have staked out dueling positions regarding the Strait of Hormuz, highlighting a significant divide despite mutual rhetoric about winding down regional hostilities. Washington is asserting control and demanding reparations, signaling a hardline approach to the ongoing standoff.
Read full article → CNBC(11 Aug) Singapore has significantly upgraded its annual economic growth forecast, more than doubling the lower bound of its previous guidance. The revision is driven by a robust boost from artificial intelligence-related activities, offsetting broader global uncertainties.
Read full article → CNBC(10 Aug) Nvidia has secured a substantial financing package as its chief executive pitches the company's hardware to lenders as a revenue-generating, investable asset. The move underscores the growing willingness of Wall Street to underwrite compute infrastructure amid insatiable artificial intelligence demand.
Read full article → CNBC(10 Aug) OpenAI has concluded a major tender offer for its shares, following a record-breaking funding round earlier this year. The transaction provides liquidity to existing investors and sets the stage for a potential public listing as the artificial intelligence leader continues to scale.
Read full article → CNBC(10 Aug) Meta is releasing the weights for its latest artificial intelligence models, advancing its strategy to lead the open-source movement. The move directly challenges closed-ecosystem rivals and aims to cement U.S. leadership in the technology sector.
Read full article → CNBC(10 Aug) TSMC reported a significant surge in its latest sales figures, reflecting robust demand for artificial intelligence semiconductors. As the primary manufacturer for major technology clients, the company's performance serves as a critical bellwether for the broader chip industry.
Read full article → CNBC(10 Aug) The administration has extended a waiver of the Jones Act to ensure domestic oil flows smoothly amid ongoing disruptions linked to the conflict with Iran. The policy adjustment follows the failure of recent diplomatic efforts to reopen the Strait of Hormuz and secure regional shipping routes.
Read full article → CNBC(10 Aug) Intel has announced a large stock offering to raise capital as it seeks to capitalize on accelerating artificial intelligence demand. The equity issuance will help fund the infrastructure buildout required to compete in the semiconductor market alongside industry rivals.
Read full article → CNBC(10 Aug) Borrowing costs for consumers are likely to remain elevated for an extended period as monetary policy stays restrictive. This prolonged environment will continue to pressure household affordability and shape spending decisions across the economy.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(11 Aug) President Abdel Fattah al-Sisi approved the issuance of tax bonds funded by taxpayers, allowing them to deduct the value from future tax liabilities. The directive also included launching a third package of tax facilitations, forming a committee to inspect real estate projects, and ensuring public access to beaches.
Read full article → Economy Plus(11 Aug) Saudi Arabia's general industrial production index contracted by 16.3% year-on-year in June, easing from an 18.2% decline in May and a 19.1% drop in April. The continued contraction reflects ongoing pressure on the manufacturing sector from regional geopolitical tensions.
Read full article → Economy Plus(11 Aug) The National Telecommunications Regulatory Authority referred the country's four mobile operators to the public prosecution for registering phone lines under citizens' names without their knowledge. The regulator also introduced urgent measures to tighten line registration and verify the actual holders' identities.
Read full article → Economy Plus(11 Aug) Annual headline inflation in Egyptian cities accelerated to 14.9% in July from 14.3% in June, marking the first increase in three months. Nationwide annual inflation also rose to 13%, while monthly consumer prices increased by 0.1%.
Read full article → Economy Plus(11 Aug) S&P Global Market Intelligence expects to push back its forecast for the resumption of interest rate cuts in Egypt to later in the second half of 2026. The revision follows the acceleration of annual urban inflation to 14.9% in July.
Read full article → Economy Plus(11 Aug) Egypt and Libya are finalizing plans to build an 800-kilometer oil pipeline connecting the Libyan city of Tobruk to Alexandria. The project, estimated to cost over $1 billion, aims to transport Libyan crude to Egyptian Mediterranean refineries.
Read full article → Economy Plus(11 Aug) The Industrial Development Authority opened bidding for eight new licenses to produce continuous casting steel billets with a combined annual capacity of 2.8 million tons. The initiative aims to boost local steel production and meet domestic market demand for raw materials.
Read full article → Economy Plus(11 Aug) The Housing Ministry is preparing to offer around 4,500 feddans for multi-use investment activities to serve the central axis linking 6th of October City to the Grand Egyptian Museum. The land will be allocated for commercial, administrative, entertainment, and residential projects to create an integrated urban hub.
Read full article → Economy Plus(11 Aug) Egyptians for Healthcare, the developer of the Badr Medical City, is preparing to list its shares on the Egyptian Exchange in the fourth quarter of this year. The company is also expanding its medical projects, targeting a total capacity of 4,500 to 5,000 beds over the next decade.
Read full article → Economy Plus(11 Aug) The Financial Regulatory Authority reduced the fees for reviewing and studying issuance applications for sustainable development-related securities by 50%. The decision applies to both public and private offerings to encourage funding for environmental, climate, and community development projects.
Read full article → Economy Plus(11 Aug) The Egyptian Exchange closed mixed on Monday, with the main EGX30 index falling 0.54% to 54,876 points while the equal-weighted EGX100 rose 1.21% to 27,521.83. Total market capitalization of listed shares reached 4.164 trillion pounds amid net buying by Egyptian investors.
Read full article → Economy Plus(10 Aug) The US dollar exchanged at 49.78 pounds for buying and 49.92 pounds for selling at the Central Bank of Egypt on Monday. Commercial banks, including the National Bank of Egypt and Banque Misr, quoted the greenback at up to 50.04 pounds for selling.
Read full article → Economy Plus(11 Aug) Deputy Prime Minister for Economic Affairs Hussein Eissa held a meeting to discuss proposals for reorganizing the affiliation of holding companies and their subsidiaries in the public business sector. The government continues to implement a comprehensive program to restructure state-owned enterprises and improve their operational and financial efficiency.
Read full article → Economy Plus(11 Aug) Health Minister Khaled Abdel Ghaffar met with the National Healthcare Group to discuss mechanisms for expanding joint replacement surgeries using robotic technology. The initiative aims to introduce globally approved medical technologies into the healthcare system and improve surgical outcomes.
Read full article → Economy Plus(11 Aug) Education Minister Mohamed Abdel Latif met with Motoi Yoko, First Vice President of the Japan International Cooperation Agency, to discuss developments in bilateral educational cooperation. The meeting reviewed ongoing projects and ways to enhance them in the coming phase.
Read full article → Economy Plus(11 Aug) Supply and Internal Trade Minister Sherif Farouq met with representatives from the gold, jewelry, and mining industries to discuss joint work files. The meeting focused on efforts to develop, regulate, and organize gold markets to support the industry and protect consumer rights.
Read full article → Economy Plus(11 Aug) Damietta Port received nine ships and witnessed the departure of seven over the past 24 hours, bringing the total number of vessels at the port to 26. General cargo throughput reached approximately 73.4 thousand tons, comprising 30.1 thousand tons of exports and 43.3 thousand tons of imports.
Read full article → Economy Plus(11 Aug) U for Consumer Finance, operator of the Value platform, reported a 22.6% year-on-year increase in second-quarter net profit to 265.49 million pounds after tax and minority interests. The growth was supported by a 14.2% rise in quarterly revenues to 891.6 million pounds.
Read full article → Economy Plus(11 Aug) The board of Misr for Tourism unanimously approved the development of the Royal Villa at the Nile Ritz-Carlton hotel at a cost of up to 129.2 thousand dollars. The company also awarded additional interior design works for the project to the global design firm HBA.
Read full article → Economy Plus(11 Aug) Abu Dhabi's ADNOC Gas is studying the construction of a new liquefied natural gas export terminal on the UAE's east coast to avoid the Strait of Hormuz. The move is part of efforts to reduce reliance on the vital waterway, which has seen severely disrupted navigation due to regional conflicts.
Read full article → Economy Plus(11 Aug) Danish shipping group Maersk officially added Jeddah Islamic Port to the route of its AE15 container service within the Gemini network. The new service connects the port to several global hubs via the Red Sea and the Suez Canal.
Read full article → Economy Plus(11 Aug) Remittances from Moroccans residing in Spain surged to 1.589 billion euros in 2025, up from 487 million euros in 2015, marking a 226% increase. These transfers now represent a significant financial resource for the Moroccan economy, equivalent to over 1% of its GDP.
Read full article → Economy Plus(11 Aug) The US military redirected 20 additional commercial vessels away from Iranian ports last week, bringing the total to 55 ships diverted since early August. The move reflects intensified naval blockade pressures and ongoing difficulties in securing an agreement to reopen the Strait of Hormuz.
Read full article → Economy Plus