The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,748.50 | +0.32% |
| Dow Jones | 53,770.27 | -1.07% |
| Nasdaq | 26,588.49 | +0.85% |
| FTSE 100 | 10,833.15 | -0.51% |
| DAX | 26,331.07 | +0.78% |
| CAC 40 | 8,674.94 | -0.28% |
| Nikkei 225 | 68,678.92 | +4.56% |
| Hang Seng | 25,457.33 | -0.29% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 55,039.80 | +0.38% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.50–3.75% |
| SOFR (overnight) | 3.64% |
| 1-year UST | 4.00% |
| 2-year UST | 4.20% |
| 3-year UST | 4.25% |
| 5-year UST | 4.38% |
| 10-year UST | 4.68% |
| 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 | 50.17 | +1.03% |
| EUR / USD | 1.1525 | +0.00% |
| GBP / USD | 1.3489 | +0.25% |
| USD / JPY | 159.45 | +0.65% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +2.08% · $/oz | ▲ $4,452.40 |
| WTI crude +0.94% · $/bbl | ▲ $82.90 |
| Brent crude +1.14% · $/bbl | ▲ $88.72 |
(13 Aug) Iranian authorities have reaffirmed that the Strait of Hormuz will remain closed until their conditions are met, contradicting recent claims of a resolution. The ongoing blockade continues to suppress maritime traffic to multi-month lows, maintaining severe pressure on global energy supply chains.
Read full article → CNBC(13 Aug) South Korea's benchmark equity index has reclaimed bull-market territory following a sharp reversal from its recent rout. The recovery is being driven primarily by renewed investor appetite for the semiconductor giants that heavily weight the index.
Read full article → CNBC(13 Aug) A Chinese manufacturer has surpassed established rivals in the shipment of NAND memory chips, capturing a leading market share. The broader memory sector is currently experiencing elevated demand driven by the rapid expansion of artificial intelligence infrastructure.
Read full article → CNBC(13 Aug) The U.S. budget deficit expanded to a multi-year high for the month, reflecting sustained fiscal expansion. Despite the widening shortfall, equity markets have largely shrugged off the data, though the prospect of potential interest rate adjustments remains a focal point for investors.
Read full article → CNBC(13 Aug) Japan retains substantial foreign exchange reserves, providing ample capacity for additional currency market interventions if required. Analysts note the central bank and finance ministry have sufficient firepower to conduct multiple rounds of yen-buying operations similar to recent efforts.
Read full article → CNBC(13 Aug) Japan's producer price index increased at a slower pace than anticipated, coming in below consensus economist forecasts. The deceleration in wholesale inflation follows a downward revision to the previous month's reading, signaling a potential cooling in upstream price pressures.
Read full article → CNBC(13 Aug) New energy vehicles continue to capture an expanding share of China's domestic passenger car market, according to the latest industry sales data. The shift underscores the accelerating transition toward electrification, with both domestic manufacturers and foreign incumbents adapting to the new landscape.
Read full article → CNBC(12 Aug) The world's largest sovereign wealth fund reported a record profit for the first half of the year, driven by broad equity market gains. The manager also disclosed a previously unreported position in a major private aerospace company, highlighting its expanding footprint in private markets.
Read full article → CNBC(12 Aug) Severe heat and drought conditions are constraining nuclear power generation across several European nations. The weather-induced output reductions are forcing grid operators to implement drastic measures to maintain supply stability as cooling water for reactors becomes scarce.
Read full article → CNBC(12 Aug) The massive capital expenditure required to build artificial intelligence infrastructure is generating unexpected inflationary pressures. While technology leaders anticipate long-term cost reductions, the immediate surge in data center construction and slow corporate adoption are complicating the central bank's efforts to stabilize prices.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(13 Aug) The Norwegian sovereign wealth fund increased its investments in Egyptian equities by 21.6% to about $158.7 million by the end of June 2026, up from $130.5 million at the end of 2025. The fund raised its stake in Commercial International Bank to 0.47% and in Fawry to 4.19%, while exiting its positions in EFG Hermes and U Finance.
Read full article → Economy Plus(13 Aug) Talaat Moustafa Group reported a 23% year-on-year increase in first-half net profit to 9.9 billion Egyptian pounds, with consolidated revenues climbing 24% to 30.2 billion pounds. Contracted sales jumped 27% to 170.1 billion pounds in the second quarter, bringing total first-half contracted sales to 219.1 billion pounds.
Read full article → Economy Plus(13 Aug) The Egyptian Electricity Transmission Company agreed to purchase all power generated by Voltalia’s Zaafarana wind farm at 2.4 US cents per kWh for 20 years once it enters commercial operation. The $800 million project, built on a 120 sq km site, is expected to begin construction in late 2026 and add 869 megawatts of clean energy to the grid by 2028.
Read full article → Economy Plus(13 Aug) President Abdel Fattah el-Sisi issued decrees extending the term of Suez Canal Authority chairman Osama Rabie for one year and appointing Ahmed Khaled Hassan as deputy chairman for a similar period. The decrees also named Mostafa Shekhoum as head of the Suez Canal Economic Zone with ministerial rank for one year, and Mohamed Abdel Fattah Abu Bakr as head of the Arab Organization for Industrialization.
Read full article → Economy Plus(13 Aug) EgyptAir announced the launch of direct weekly flights from Jeddah and Medina to El Alamein International Airport, running from August 13 to September 12. The new routes aim to boost the national carrier's network and provide direct access to Egypt's emerging tourist destinations for travelers from Saudi Arabia.
Read full article → Economy Plus(13 Aug) The board of Arab Energy has approved the opening of a new branch in Jordan as part of its strategy to expand into new Arab and African markets. The company's revenues rose 34% year-on-year to about 15.46 billion Egyptian pounds in the first half of 2026, up from 11.54 billion pounds in the same period last year.
Read full article → Economy Plus(13 Aug) Al Salem Group aims to raise its total investments in Egypt to 50 billion Egyptian pounds over the next five years, up from over 15 billion pounds currently. Group chairman Bahaa Salem said the company continues to expand across six main sectors in Egypt, including real estate, food and beverage, healthcare, tourism, financial services, and automotive.
Read full article → Economy Plus(13 Aug) Forbes Middle East included Commercial International Bank CEO Hisham Ezz Al-Arab in its list of the 100 most powerful CEOs in the region for 2026. The magazine highlighted the bank's operations across four countries, serving over 2.5 million customers through 214 branches as of March 2026.
Read full article → Economy Plus(13 Aug) The Egyptian Tax Authority stated that taxpayers' subscription to bonds linked to settling tax liabilities will not exceed 15% of the total tax due. Authority consultant Ragab Mahrous said the mechanism targets compliant taxpayers, allowing them to invest funds intended for future tax payments to reduce cash outflows, with final rules expected within three weeks.
Read full article → Economy Plus(13 Aug) The Egyptian Exchange saw historic trading volumes, reaching 18 billion Egyptian pounds on Tuesday and 16 billion pounds on Wednesday, according to Exchange chairman Omar Radwan. Radwan noted that daily volumes have surged from half a billion pounds five years ago to 10 billion pounds in the first half of this year.
Read full article → Economy Plus(13 Aug) Gold prices fluctuated, ending the session slightly lower by 10 to 20 Egyptian pounds, with 21-karat gold at 6,330 pounds and 24-karat at 7,234 pounds. The US dollar also slipped slightly against the local currency, settling at 50.12 pounds for buying and 50.22 pounds for selling at Commercial International Bank.
Read full article → Economy Plus(13 Aug) IMF Executive Director Mohamed Maait stated that Egypt has adhered to a flexible exchange rate policy and that economic growth has risen to more than 5%. He made the remarks during an interview with Al Qahera News, highlighting the country's macroeconomic stability.
Read full article → Economy Plus(13 Aug) Oil and Mineral Wealth Minister Karim Badawy launched the 2026 global bid round for crude oil and natural gas exploration, offering 14 new blocks to local and international companies. The tender includes eight blocks in the Mediterranean, Nile Delta, and North Sinai closing in December, and six blocks in the Gulf of Suez, Sinai, and Western Desert closing in November.
Read full article → Economy Plus(13 Aug) The Egyptian General Petroleum Corporation is preparing to sign 13 new oil and gas exploration agreements with investments exceeding $1 billion and a commitment to drill 120 wells. EGPC chief executive Salah Abdel Kareem said exploration activities over the past two fiscal years yielded 112 new discoveries from 149 drilled wells, including 88 crude oil and 24 natural gas finds.
Read full article → Economy Plus(13 Aug) Maersk and Hapag-Lloyd announced a structural change to the AE19 shipping service under the Gemini network, routing vessels back through the Suez Canal instead of around the Cape of Good Hope. The change, effective immediately following a security assessment of the Red Sea, connects Asia, the Mediterranean, Saudi Arabia, and Europe via the Egyptian waterway.
Read full article → Economy Plus(13 Aug) eFinance for Financial and Digital Investments announced an investment in a capital increase at Wally Financial Holding, resulting in an 8.8% stake in the financial planning and wealth management platform. The move follows eFinance's strong first-half performance, with net profit surging 62.5% to 1.82 billion Egyptian pounds and revenues rising 57% to 4.17 billion pounds.
Read full article → Economy Plus(13 Aug) Bank of Cairo reported a 15% year-on-year increase in first-half net profit to 8.6 billion Egyptian pounds, driven by an 11% rise in net interest income to 18.3 billion pounds. Net fee and commission income also grew 14% to 3.3 billion pounds by the end of June 2026, up from 2.9 billion pounds in the same period last year.
Read full article → Economy Plus(13 Aug) Orascom Development Egypt posted an 11.04% year-on-year increase in second-quarter net profit to 1.23 billion Egyptian pounds, up from 1.11 billion pounds a year earlier. Revenues for the quarter surged to 8.4 billion pounds, compared to 5 billion pounds in the same period of 2025.
Read full article → Economy Plus(13 Aug) Elsewedy Electric reported an 11.6% year-on-year increase in second-quarter net profit to 5.08 billion Egyptian pounds, after deducting minority interests, up from 4.6 billion pounds in the same period last year. Total group revenues for the quarter jumped 36.7% to 88.02 billion pounds, from 64.4 billion pounds a year earlier.
Read full article → Economy Plus(13 Aug) Egypt Aluminum recorded a 52% increase in net profit for the 2025-2026 fiscal year to 15.49 billion Egyptian pounds, up from 10.18 billion pounds in the previous fiscal year. The growth was supported by a 23% rise in sales to 53.13 billion pounds, compared to 43.18 billion pounds in the comparable period.
Read full article → Economy Plus(13 Aug) Egypt Fertilizers Production Company (MOPCO) reported a 70% year-on-year increase in first-half net profit to 9.9 billion Egyptian pounds, up from 5.8 billion pounds in the same period last year. The strong performance reflects continued demand and operational efficiency in the local and export markets.
Read full article → Economy Plus(13 Aug) Oriental Weavers posted an 80.33% year-on-year jump in first-half net profit to 2.01 billion Egyptian pounds, up from 1.116 billion pounds in the same period last year. The increase was driven by a rise in sales to 13.9 billion pounds, compared to 12.565 billion pounds a year earlier.
Read full article → Economy Plus(13 Aug) Qatar National Bank is seeking a $2 billion syndicated loan, according to Bloomberg. DBS, HSBC, Industrial and Commercial Bank of China, Mizuho Bank, and Standard Chartered are acting as mandated lead arrangers and bookrunners for the five-year facility, priced at more than 75 basis points over the secured overnight financing rate.
Read full article → Economy Plus(13 Aug) A massive oil spill in the Arabian Gulf is rapidly turning into one of the worst environmental disasters in recent years, having spread for weeks with few containment measures, according to Reuters. International agencies, satellite imagery, and environmental groups reported the spill, which has expanded significantly without significant barriers.
Read full article → Economy Plus(13 Aug) Syria received its first shipments of wheat and cement materials this week at a pier previously used by Russian forces in the port of Tartus. The shipments arrived on Tuesday, two days after Damascus announced an agreement with Moscow regarding the future of the Russian bases in Tartus and Hmeimim airport.
Read full article → Economy Plus(13 Aug) Shipping traffic in the Strait of Hormuz fell to its lowest level in a week, with data from Kpler showing only about eight vessels tracked on Tuesday, down from a 10-day average of around 12. This marks the lowest daily traffic level since August 5.
Read full article → Economy Plus