The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,798.99 | +1.15% |
| Dow Jones | 53,839.99 | -0.08% |
| Nasdaq | 26,803.03 | +1.73% |
| FTSE 100 | 10,772.67 | -0.88% |
| DAX | 26,299.74 | +0.61% |
| CAC 40 | 8,650.56 | -0.74% |
| Nikkei 225 | 68,593.69 | +4.55% |
| Hang Seng | 25,160.25 | -1.98% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 55,251.60 | +0.38% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.50–3.75% |
| SOFR (overnight) | 3.62% |
| 1-year UST | 3.97% |
| 2-year UST | 4.15% |
| 3-year UST | 4.20% |
| 5-year UST | 4.32% |
| 10-year UST | 4.63% |
| 30-year UST | 5.21% |
| 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 | 50.13 | +1.17% |
| EUR / USD | 1.1541 | -0.13% |
| GBP / USD | 1.3496 | +0.04% |
| USD / JPY | 159.36 | +0.93% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +0.46% · $/oz | ▲ $4,382.00 |
| WTI crude -1.03% · $/bbl | ▼ $81.28 |
| Brent crude -0.68% · $/bbl | ▼ $87.12 |
(14 Aug) The United States plans to impose unprecedented economic isolation on Iran while maintaining a naval blockade in the Strait of Hormuz. The strategy aims to maximize pressure as the military manages ongoing operational challenges in the region.
Read full article → CNBC(14 Aug) Multinational corporations are increasingly integrating Chinese technology into their operations to leverage its advanced capabilities and scale. This shift occurs despite ongoing geopolitical risks and mounting pressure to decouple supply chains.
Read full article → CNBC(13 Aug) OpenAI has lost its revenue chief in a sudden departure that marks the second major executive exit in a matter of days. The leadership turnover arrives at a critical juncture as the company prepares for a highly anticipated public listing.
Read full article → CNBC(13 Aug) South Korean equities have recovered from a recent rout to return to bull-market territory, driven by renewed investor interest in dominant semiconductor manufacturers. Market participants are now evaluating the sustainability of this rally amid global economic uncertainties.
Read full article → CNBC(13 Aug) U.S. producer prices remained unchanged in July, coming in below consensus expectations for a modest increase. The softer-than-anticipated wholesale inflation data provides the central bank with additional flexibility as it navigates its monetary policy decisions.
Read full article → CNBC(13 Aug) Cisco reported an earnings beat and issued stronger-than-expected guidance, buoyed by robust demand for its artificial intelligence infrastructure. However, the results failed to satisfy investors, sending the company's shares lower in extended trading.
Read full article → CNBC(13 Aug) Severe heat and prolonged drought conditions are forcing the shutdown of nuclear power facilities across Europe, including the disconnection of a major reactor in Romania. The resulting drop in power generation threatens to exacerbate the region's ongoing energy security challenges.
Read full article → CNBC(13 Aug) Major shipping companies caution that severe congestion at ports and a shortage of trucking capacity are delaying global deliveries. These logistical bottlenecks are expected to place upward pressure on freight rates and ultimately increase costs for consumers.
Read full article → CNBC(13 Aug) The chief financial officer of Anthropic is currently leading early-stage meetings with prospective investors ahead of the artificial intelligence company's public listing. Discussions have focused on the firm's foundational models and management strategy rather than specific financial valuations.
Read full article → CNBC(13 Aug) Japan maintains substantial foreign exchange reserves, providing the government with ample capacity to conduct further market interventions to support the yen. Analysts note that the central bank has sufficient firepower to execute multiple rounds of currency buying if volatility persists.
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 reach approximately $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 investments in EFG Hermes and U Finance.
Read full article → Economy Plus(12 Aug) Talaat Moustafa Holding Group reported a 23% year-on-year increase in first-half net profit to 9.9 billion EGP, with consolidated revenues climbing 24% to 30.2 billion EGP. Contracted sales jumped 27% in the second quarter to 170.1 billion EGP, bringing total new sales for the half to 219.1 billion EGP.
Read full article → Economy Plus(13 Aug) The Egyptian Electricity Transmission Company agreed to purchase all power from French company Voltalia's Zaafarana wind farm at a price of 2.4 US cents per kWh for 20 years. The project requires an investment of $800 million and is expected to add 869 megawatts of clean energy to the national grid upon its commercial operation in 2028.
Read full article → Economy Plus(12 Aug) President Abdel Fattah el-Sisi issued decrees extending Osama Rabie's term as chairman of the Suez Canal Authority for one year and appointing Ahmed Khaled Hassan as deputy chairman for a similar period. The decrees also named Mostafa Sheikhan as head of the Suez Canal Economic Zone with the rank of minister 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 Alamein International Airport to Jeddah and Medina, running from 13 August to 12 September. The new routes aim to expand the national carrier's network and provide direct access for Saudi travelers to the Alamein tourist destination.
Read full article → Economy Plus(13 Aug) The board of directors of Arabiya Energy approved the establishment of a new branch in Jordan as part of its strategy to expand into new Arab and African markets. The company's revenues rose by about 34% to reach approximately 15.46 billion EGP in the first half of 2026, up from 11.54 billion EGP in the same period last year.
Read full article → Economy Plus(13 Aug) Qatar's Al Salem Group aims to raise its total investments in Egypt to 50 billion EGP over the next five years, up from more than 15 billion EGP currently. Group Chairman Bahaa Salem stated the company is expanding across six sectors, including real estate, food and beverage, healthcare, tourism, financial services, and automotive.
Read full article → Economy Plus(13 Aug) Forbes Middle East included Hisham Ezz Al-Arab, CEO of Commercial International Bank, in its list of the region's 100 most powerful CEOs for 2026. The magazine highlighted the bank's operations across Egypt, Kenya, Ethiopia, and the UAE, serving over 2.5 million customers through 214 branches as of March 2026.
Read full article → Economy Plus(13 Aug) Regab Mahrous, advisor to the head of the Egyptian Tax Authority, stated that taxpayer subscriptions in tax bonds will not exceed 15% of their total due tax liabilities. He explained that the optional mechanism targets compliant taxpayers, allowing them to invest part of their future tax payments, with detailed rules to be issued within three weeks.
Read full article → Economy Plus(11 Aug) Oil and Mineral Resources Minister Karim Badawy launched the 2026 global bid for crude oil and natural gas exploration, offering 14 new areas under production-sharing agreements. The bid includes eight areas in the Mediterranean, Nile Delta, and North Sinai closing on 11 December, and six areas in the Gulf of Suez, Sinai, and Western Desert closing on 11 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. Corporation head Salah Abdel Karim noted that exploration activities over the past two fiscal years yielded 112 new discoveries, including 88 crude oil and 24 natural gas finds.
Read full article → Economy Plus(10 Aug) Maersk and Hapag-Lloyd announced a structural change to the AE19 shipping service, routing vessels back through the Suez Canal instead of around the Cape of Good Hope. The change takes effect immediately following a comprehensive security assessment of the Red Sea region, reconnecting Asia with the Mediterranean, Saudi Arabia, and Europe via the Egyptian waterway.
Read full article → Economy Plus(12 Aug) eFinance for Financial and Digital Investments announced an investment in a capital increase of Welly Financial Holding, resulting in an 8.8% ownership stake in the company. The investment value is below the threshold requiring mandatory takeover disclosures, while eFinance's consolidated H1 net profit grew 62.5% to 1.82 billion EGP on revenues of 4.17 billion EGP.
Read full article → Economy Plus(12 Aug) The Egyptian Exchange's main index, EGX30, rose 0.4% to close at 55,000 points, recovering from a two-day decline driven by positive corporate earnings. Meanwhile, the EGX70 and EGX100 indices fell 1.3% and 0.9% respectively, following a series of historic highs in recent sessions.
Read full article → Economy Plus(12 Aug) The US dollar fell by 6 piasters against the Egyptian pound, settling at 50.15 EGP for buying and 50.29 EGP for selling, according to Central Bank data. This decline coincided with limited net purchases of Arab and foreign investors in the government debt secondary market, totaling $16.8 million.
Read full article → Economy Plus(13 Aug) Telecommunications companies have begun sending text messages to approximately 19 million mobile subscribers, warning of line suspension if registration data is not updated. The notifications target users across the four operators in the Egyptian market as a first phase, out of a total of about 127 million mobile lines.
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 EGP, up from 7.5 billion EGP in the same period last year. Net interest income grew 11% to 18.3 billion EGP, while net fee and commission income rose 14% to 3.3 billion EGP by the end of June 2026.
Read full article → Economy Plus(12 Aug) Orascom Development Egypt recorded an 11.04% year-on-year increase in second-quarter net profit to 1.23 billion EGP, compared to 1.11 billion EGP a year earlier. Revenues for the quarter reached approximately 8.4 billion EGP, up from 5 billion EGP in the second quarter of 2025.
Read full article → Economy Plus(12 Aug) Elsewedy Electric Group reported an 11.6% year-on-year increase in second-quarter net profit to 5.08 billion EGP after minority interests, up from 4.6 billion EGP in the same period last year. Total group revenues for the quarter grew 36.7% to approximately 88.02 billion EGP, compared to 64.4 billion EGP in the second quarter of 2025.
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 EGP, up from 10.18 billion EGP in the previous fiscal year. The growth was supported by a 23% rise in sales to 53.13 billion EGP, compared to 43.18 billion EGP during the comparison period.
Read full article → Economy Plus(13 Aug) Financial indicators for Misr Fertilizers Production Company showed a 70% increase in first-half net profit to 9.9 billion EGP, up from 5.8 billion EGP in the corresponding period of the previous year.
Read full article → Economy Plus(13 Aug) Oriental Weavers reported an 80.33% jump in first-half net profit to 2.01 billion EGP, up from 1.116 billion EGP in the same period last year. The increase was supported by a rise in sales to 13.9 billion EGP, compared to 12.565 billion EGP in the first half of the previous year.
Read full article → Economy Plus(13 Aug) Mergers and acquisitions in the Middle East and North Africa region rebounded strongly in the second quarter, driven by Saudi Arabia and the UAE. Deal value rose 105% to $25 billion, up from $12.2 billion in the second quarter of 2025, according to EY.
Read full article → Economy Plus(13 Aug) Foreign direct investment in Saudi Arabia rose by 12% during the first quarter of the year.
Read full article → Economy Plus(13 Aug) The United States budget deficit jumped in July to its highest level since March 2021.
Read full article → Economy Plus(12 Aug) Official data showed that the annual inflation rate in the United States slowed to 3.4% in July, in line with expectations. The deceleration eases pressure on the Federal Reserve regarding interest rate decisions in September.
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 over 75 basis points above the secured overnight financing rate.
Read full article → Economy Plus(13 Aug) International agencies, satellite imagery, and environmental groups report that a massive oil spill in the Gulf is rapidly becoming one of the worst in recent years. The spill has spread over weeks with little to no containment, according to a Reuters report.
Read full article → Economy Plus(12 Aug) Syria received its first two 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(12 Aug) Navigation traffic in the Strait of Hormuz fell to its lowest level in a week, with data from Kpler showing only about 8 vessels tracked on Tuesday. This is down from an average of about 12 vessels over the previous 10 days, marking the lowest daily level since 5 August.
Read full article → Economy Plus