The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,728.20 | -0.11% |
| Dow Jones | 53,791.85 | -0.54% |
| Nasdaq | 26,445.45 | -0.52% |
| FTSE 100 | 10,844.19 | -0.32% |
| DAX | 26,391.42 | +0.72% |
| CAC 40 | 8,714.94 | +0.53% |
| Nikkei 225 | 67,387.11 | +1.64% |
| Hang Seng | 25,352.13 | -2.18% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 54,829.30 | -0.09% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.50–3.75% |
| SOFR (overnight) | 3.63% |
| 1-year UST | 4.03% |
| 2-year UST | 4.22% |
| 3-year UST | 4.27% |
| 5-year UST | 4.39% |
| 10-year UST | 4.70% |
| 30-year UST | 5.24% |
| Euro Area | |
| ECB deposit facility | 2.25% |
| ECB main refinancing | 2.40% |
| ECB marginal lending | 2.65% |
| €STR | 2.18% |
| Pair | Rate | Change |
|---|---|---|
| USD / EGP | 50.22 | +0.92% |
| EUR / USD | 1.1537 | -0.17% |
| GBP / USD | 1.3505 | +0.26% |
| USD / JPY | 159.43 | +1.16% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +2.67% · $/oz | ▲ $4,456.50 |
| WTI crude +7.53% · $/bbl | ▲ $84.07 |
| Brent crude +7.43% · $/bbl | ▲ $89.76 |
(12 Aug) The Japanese yen has erased roughly half of its recent gains following an unprecedented joint intervention by U.S. and Japanese authorities. Market participants are reassessing the effectiveness of the currency stabilization efforts as the downward trend resumes.
Read full article → CNBC(12 Aug) New energy vehicle penetration in China continued to rise in July, underscoring the shifting dynamics of the country's automotive sector. The latest data from the China Passenger Car Association highlights the sustained popularity of electric models from major manufacturers.
Read full article → CNBC(12 Aug) Corporations are accelerating their cybersecurity expenditures in response to the increasingly sophisticated hacking capabilities of artificial intelligence agents. Industry reports indicate that these advanced digital threats are prompting a significant reallocation of technology budgets toward defensive measures.
Read full article → CNBC(11 Aug) Nvidia is proposing a massive financing structure backed by its graphics processing units to fund artificial intelligence infrastructure. However, analysts warn that the rapid depreciation of these chips and export restrictions related to China pose significant risks to the proposed capital model.
Read full article → CNBC(11 Aug) U.S. crude prices advanced after Iranian officials stated that the Strait of Hormuz will remain restricted until specific geopolitical conditions are satisfied. The ongoing diplomatic standoff continues to inject volatility into global energy markets as traders monitor the supply disruption.
Read full article → CNBC(11 Aug) A United States federal judge has approved the Justice Department's motion to dismiss a criminal corruption probe against Indian billionaire Gautam Adani. The conclusion of the legal proceedings removes a significant overhang for the conglomerate and its international operations.
Read full article → CNBC(11 Aug) Chinese regulators have compelled Meta to abandon its planned acquisition of artificial intelligence startup Manus. The unwound transaction forces the startup to resume operations as an independent entity, highlighting the ongoing regulatory friction in cross-border technology deals.
Read full article → CNBC(11 Aug) Intel has increased the size of its equity offering to capitalize on accelerating demand for artificial intelligence infrastructure. The expanded capital raise reflects the technology sector's broader efforts to secure funding for the ongoing semiconductor buildout.
Read full article → CNBC(11 Aug) Eli Lilly has secured regulatory approval in the United Kingdom for its new weight-loss medication, Foundayo. This milestone expands the company's global footprint in the obesity treatment market and intensifies competition with rival pharmaceutical manufacturers.
Read full article → CNBC(11 Aug) Market participants are bracing for a closely watched consumer price index report that will heavily influence the Federal Reserve's upcoming policy decisions. Economists anticipate the upcoming data will reveal a modest increase in underlying inflationary pressures for the month of July.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(12 Aug) Egypt plans to issue its first tax sukuk during the current fiscal year, offering a tax-exempt return that taxpayers can use to settle future tax liabilities. The initial offering will target all taxpayers, including individuals, private companies, and state-owned entities, to foster trust and partnership with the tax community.
Read full article → Economy Plus(12 Aug) The US International Trade Commission has set August 12 as the final deadline for Egyptian rebar exporters to submit comments on preliminary anti-dumping and countervailing duties. The US Department of Commerce previously set dumping margins of 34.20% for Ezz Steel and 52.73% for Marakeb and Suez Steel.
Read full article → Economy Plus(11 Aug) The Finance Ministry will allocate 6 billion EGP to pay the third cash installment of exporters' delayed dues for shipments made before July 1, 2024. Applications will open from August 16 to October 1, with payouts starting on October 22, as the government aims to clear all arrears within two years.
Read full article → Economy Plus(12 Aug) A key objective of E-Finance's anticipated acquisition of microfinance firm Tamweely is to provide financing programs for farmers, leveraging E-Finance's existing digital infrastructure and the Farmer Card system. The deal, valued between 4.5 billion and 5 billion EGP, will be paid partly in cash and partly through a 4% equity swap.
Read full article → Economy Plus(12 Aug) Foreign banks in Egypt are increasingly exiting retail banking to focus on corporate, investment, and wealth management services, following global strategic shifts after the 2008 financial crisis and the pandemic. HSBC recently announced its exit from Egyptian retail banking, retaining only corporate and institutional services.
Read full article → Economy Plus(12 Aug) Arkan Palm, the real estate arm of Badr El-Dein Group, plans to develop a $5.5 billion integrated urban project in Sheikh Zayed city in partnership with the New Urban Communities Authority. The project, named 205, includes residential, commercial, and hotel units, with land valued at 40 billion EGP and completion targeted by 2030.
Read full article → Economy Plus(11 Aug) South Valley of Petroleum Holding Company plans to invest $250 million over the next five years to boost production and maximize exploration in its operating areas. The company aims to drill five exploratory wells for $33 million and targets revenues exceeding 4 billion EGP and net profits over 1 billion EGP for the current fiscal year.
Read full article → Economy Plus(12 Aug) Qara Energy has won a contract worth an initial 15.43 million euros to build the first Egyptian plant for Japanese wire harness manufacturer Yazaki in Fayoum. The maximum guaranteed contract value is 16.68 million euros for the turnkey civil, architectural, and electromechanical works on a 67,000 square meter site.
Read full article → Economy Plus(12 Aug) Egypt's debt to the International Monetary Fund decreased to $9.3 billion at the end of June 2026, after the country repaid over $16 billion since the 2016 economic reform program began. The IMF recently approved the seventh and eighth reviews of the program, unlocking $1.8 billion in funding.
Read full article → Economy Plus(12 Aug) Saudi Aramco has delayed the restart of its 400,000 barrel-per-day Jazan refinery by about two weeks until August 30. The refinery has been offline since July 27 following an attack by Houthi militants.
Read full article → Economy Plus(12 Aug) US chipmaker Intel has raised approximately $20 billion through an expanded stock offering to fund its expansion in electronic chip manufacturing. The shares were priced at $95 each, attracting over $100 billion in demand with a coverage ratio of five times.
Read full article → Economy Plus(12 Aug) The main EGX30 index fell 0.09% to close at 54,829 points on Tuesday, while the equal-weighted EGX70 and EGX100 indices rose 2.71% and 2.36%, respectively. Total market turnover reached 18.575 billion EGP across 221 companies through 399,303 thousand transactions.
Read full article → Economy Plus(12 Aug) The Central Bank of Egypt absorbed 177.4 billion EGP from the banking sector through its main 7-day deposit operation, accepting all 10 bids at a fixed return rate of 19.5%. This marks the highest liquidity withdrawal since March, while the dollar rose against the Egyptian pound in most local banks.
Read full article → Economy Plus(12 Aug) Prime Minister Mostafa Madbouly followed up on the urgent directives of President Abdel Fattah El-Sisi regarding the transport vehicle collision in Ismailia, which resulted in casualties and injuries. Madbouly instructed Health Minister Khaled Abdel Ghaffar to provide maximum medical care for the injured.
Read full article → Economy Plus(12 Aug) Prime Minister Mostafa Madbouly announced that total funding for the completed Hayat Karima initiative projects across the state has surpassed 450 billion EGP. The initiative covers more than 1,450 villages, serving approximately 20 million citizens.
Read full article → Economy Plus(12 Aug) Dakahlia Governor Tarek Marzouq stated that 2.589 billion EGP has been allocated to over 20,000 projects under the national Mashrouak development initiative. The funding aims to establish real projects that create new jobs and provide products that meet market demands.
Read full article → Economy Plus(12 Aug) The Agriculture Ministry is exploring the approval of Turkey as a regional center for re-exporting Egyptian poultry and its products to neighboring countries. Agriculture Minister El-Sayed El-Farouq discussed the possibility with a delegation of Turkish businessmen and investors to open new markets for Egyptian companies.
Read full article → Economy Plus(12 Aug) The board of Egypt Fertilizers (Egifert) has approved increasing the issued and paid-up capital from 48 million EGP to 95.5 million EGP. The 47.5 million EGP increase will be funded through the distribution of 9.5 million bonus shares at a ratio of 0.99 share per original share from 2025 profits.
Read full article → Economy Plus(12 Aug) Shareholder Mohamed Gaballah has increased his stake in Arab Engineering Industries from 2.61% to 7.96% by purchasing 11.89 million shares at an average price of 2.87 EGP per share, totaling 34.11 million EGP. The company's extraordinary general assembly also approved a capital increase via bonus shares from 83.29 million EGP to 100.5 million EGP.
Read full article → Economy Plus(12 Aug) President Abdel Fattah El-Sisi issued Decree 322 of 2026, renewing the appointment of Counselor Mohamed Al-Faisal Youssef as head of the Central Auditing Organization for one year starting August 7, 2026. The position holds ministerial rank.
Read full article → Economy Plus(12 Aug) Qatar has loaded its largest volume of liquefied natural gas in months as the world's second-largest LNG exporter prepares for the potential reopening of the Strait of Hormuz. The 10-day moving average for loading at the Ras Laffan complex reached about 80,000 tonnes, the highest level since March following Iranian attacks on the facility.
Read full article → Economy Plus(12 Aug) The Iraqi Oil Ministry announced plans to increase production at the Ajil gas field to 300 million cubic feet of gas per day. The ministry's undersecretary for extraction affairs discussed optimal investment plans for the field's gas to support the energy and industrial sectors.
Read full article → Economy Plus