The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,785.76 | +0.36% |
| Dow Jones | 53,732.41 | -0.56% |
| Nasdaq | 26,729.16 | +0.14% |
| FTSE 100 | 10,750.11 | -1.39% |
| DAX | 26,440.31 | +0.46% |
| CAC 40 | 8,636.80 | -1.02% |
| Nikkei 225 | 68,713.80 | +4.74% |
| Hang Seng | 25,116.85 | -2.15% |
| 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 | 3.98% |
| 2-year UST | 4.17% |
| 3-year UST | 4.24% |
| 5-year UST | 4.36% |
| 10-year UST | 4.68% |
| 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 | 50.23 | +1.38% |
| EUR / USD | 1.1573 | +0.15% |
| GBP / USD | 1.3533 | +0.31% |
| USD / JPY | 159.31 | +0.90% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +1.24% · $/oz | ▲ $4,437.30 |
| WTI crude -0.96% · $/bbl | ▼ $82.40 |
| Brent crude -0.44% · $/bbl | ▼ $88.52 |
(15 Aug) Iran's deputy foreign minister has rejected claims regarding the Strait of Hormuz following reports of a vessel strike in the critical waterway. The dispute highlights ongoing tensions over maritime security and energy transit routes in the region.
Read full article → CNBC(15 Aug) Russia's wartime economy is facing mounting strain as its budget deficit continues to widen. Analysts warn that the underlying financial pressures could intensify significantly over the coming year.
Read full article → CNBC(15 Aug) The rapid drawdown of the U.S. Strategic Petroleum Reserve is approaching thresholds that could compromise the physical integrity of its storage caverns. Experts caution that further depletion risks damaging the infrastructure required for future operations.
Read full article → CNBC(15 Aug) The artificial intelligence company has reported a substantial surge in second-quarter revenue, underscoring the rapid expansion of its chatbot services. This strong financial performance arrives as the firm prepares for a potential initial public offering.
Read full article → CNBC(15 Aug) A U.K.-based exchange is entering the domestic prediction market sector while simultaneously seeking sportsbook licenses across various states. The dual strategy tests the boundaries of federal regulatory frameworks governing digital betting and forecasting platforms.
Read full article → CNBC(15 Aug) Chinese regulators are reportedly moving to clarify ambiguities in new offshore trust tax policies that have caused widespread confusion among the country's wealthiest citizens. The intervention aims to provide clearer guidelines for advisors and high-net-worth individuals navigating the updated capital flow rules.
Read full article → CNBC(15 Aug) Rivian is advancing its hands-free autonomous driving capabilities to compete directly with established systems in the electric vehicle market. The newer platform incorporates additional safety guardrails that distinguish its operational approach from current industry leaders.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(16 Aug) The International Monetary Fund expects Egypt to receive $6.7 billion in financial flows and state asset sale proceeds during the 2026/2027 fiscal year. This includes $1 billion from the World Bank, $3.5 billion from the European Commission, and $400 million from government asset privatization.
Read full article → Economy Plus(16 Aug) The IMF projects Egypt's current account deficit will narrow to 3.9% of GDP in the 2027/2028 fiscal year, driven by a services recovery and remittances. It also expects Suez Canal revenues to reach 1.3% of GDP in 2027/2028, returning to pre-crisis levels.
Read full article → Economy Plus(16 Aug) IMF documents reveal significant progress in talks with the EBRD for a potential 5% stake acquisition in Misr Life Insurance before its initial public offering. The company has signed a non-disclosure agreement and secured listing approval on the Egyptian Exchange after meeting regulatory requirements.
Read full article → Economy Plus(16 Aug) Morgan Stanley expects the US dollar to trade between 46 and 52 Egyptian pounds during the 2026/2027 fiscal year, with a base case of 48 to 50 pounds. The bank forecasts remittances to reach $43 billion in FY2027, supporting the country's external position.
Read full article → Economy Plus(16 Aug) Morgan Stanley anticipates the Central Bank of Egypt will keep interest rates unchanged until the end of 2026, with potential cuts in the fourth quarter. This follows expectations that inflation will drop below 13%, allowing for a 2% rate reduction while maintaining a positive real interest rate of around 4%.
Read full article → Economy Plus(16 Aug) Morgan Stanley estimates Egypt's external financing needs for the current fiscal year at $25 billion to $29 billion, depending on oil prices and geopolitical tensions. The initial financing gap is projected between $1 billion and $7 billion, which can be largely covered by $4 billion in scheduled multilateral funding.
Read full article → Economy Plus(16 Aug) Misr Life Insurance has finalized its 2025 financial statements in accordance with International Financial Reporting Standards. This marks a key step in preparing for its initial public offering, alongside the selection of a transaction advisor through a competitive bidding process.
Read full article → Economy Plus(16 Aug) The European Bank for Reconstruction and Development plans to provide $192 million to build and operate the 900 MW Shadwan wind farm by Scatec in Ras Shkeir. The generated electricity will be sold to the Egyptian Electricity Transmission Company under a 25-year power purchase agreement.
Read full article → Economy Plus(16 Aug) The Financial Regulatory Authority is reviewing more than 20 applications to establish new real estate investment funds. The regulator also amended the conditions for real estate development companies to convert into real estate investment fund companies, requiring a minimum net equity of 500 million Egyptian pounds.
Read full article → Economy Plus(16 Aug) The Industrial Development Authority launched its first lease-to-own offering, featuring 540 industrial plots spanning over 5.7 million square meters across 15 governorates. The lease period extends up to 21 years with an annual rent of 5% of the land price, granting investors the right to ownership after proving operational seriousness.
Read full article → Economy Plus(16 Aug) The Egyptian government is studying the establishment of a passenger and light transport tire manufacturing plant with estimated investments of $500 million. The facility will be built on a 217-acre plot in the 10th of Ramadan City industrial zone in partnership with the private sector to reduce the import bill.
Read full article → Economy Plus(16 Aug) Egypt is looking to cooperate with China's New Hang Tong to establish a specialized ship repair shipyard for commercial vessels. Transport Minister Kamel El-Wazir also requested accelerating the delivery of two ships to the end of 2027 and expediting the manufacture of four cargo vessels.
Read full article → Economy Plus(16 Aug) The Ministry of Petroleum and Mineral Resources targets producing 1.1 billion cubic feet of natural gas and 100,000 barrels of crude oil per day from 14 newly offered exploration blocks. Initial investments for exploration are expected to reach $1 billion to $1.5 billion, potentially exceeding $4 billion if commercial discoveries are made.
Read full article → Economy Plus(16 Aug) The insurance sector of Contact Financial Holding Group wrote 2.3 billion Egyptian pounds in total premiums during the first half of 2026, a 24% increase year-on-year. Insurance revenues also rose by 38% to 1.8 billion Egyptian pounds, driven by its controlling stakes in Tharwa Insurance and Tharwa Life Insurance.
Read full article → Economy Plus(16 Aug) The net asset value of the Misr Life Insurance cash investment fund fell to 91.399 million Egyptian pounds by the end of June 2026, down from 96.449 million pounds in March. The total managed assets of the fund also declined to 93.169 million Egyptian pounds during the second quarter.
Read full article → Economy Plus(16 Aug) The Egyptian Exchange's main EGX30 index closed up 0.4% at 55,252 points, supported by positive corporate earnings and net local buying of 231 million Egyptian pounds. Meanwhile, the US dollar rose by 6 piasters to 50.21 pounds for buying and 50.35 pounds for selling in Central Bank of Egypt transactions.
Read full article → Economy Plus(16 Aug) The Holding Company for Pharmaceuticals, Chemicals and Medical Supplies aims to achieve revenues of 18.9 billion Egyptian pounds in the 2026/2027 fiscal year, a 61% growth rate. It also targets a net profit of 3.6 billion Egyptian pounds and plans to boost exports to $30 million.
Read full article → Economy Plus(16 Aug) The Customs Authority has extended the grace period for the Mostaqbal Egypt device to export white rice until the end of 2027. The allowed export quantities are limited to 200,000 tons of white rice within the framework of the decision regulating export operations.
Read full article → Economy Plus(16 Aug) Fawry founder and CEO Ashraf Sabry announced the company has applied to the Saudi Central Bank for the highest tier of payment company licenses, covering all financial services except lending. The expansion targets growth opportunities from Egyptian expatriates in Saudi Arabia and the local SME sector.
Read full article → Economy Plus(16 Aug) A banking syndicate led by the Commercial International Bank has approved a 10 billion Egyptian pound syndicated loan for Qased Khair contracting company. The funds will finance the construction of an industrial island and breakwater in the Montazah area of Alexandria.
Read full article → Economy Plus(16 Aug) XRG, the investment arm of the Abu Dhabi National Oil Company, has obtained a license for the Lauren gas field in the Caribbean, spanning the border between Venezuela and Trinidad and Tobago. XRG will hold an operating stake alongside BP and Qatar's UCC Oil and Gas Holding to develop resources exceeding 4 trillion cubic feet of gas.
Read full article → Economy Plus(16 Aug) The Saudi Public Investment Fund added shares of Elon Musk's SpaceX to its investment portfolio during the second quarter. The fund acquired approximately 154.15 million Class A shares in SpaceX for about $26.38 billion, according to a recent 13F filing.
Read full article → Economy Plus(16 Aug) Iraqi Oil Minister Basim Mohammed Khudair stated that the country is negotiating with the United States and Iran to secure the passage of Iraqi oil exports through the Strait of Hormuz. The minister noted that Iraq's oil export rate in August is the highest since the start of the war, emphasizing ongoing efforts to ensure the flow of crude.
Read full article → Economy Plus(16 Aug) Nvidia disclosed a nearly $21 billion stake in Elon Musk's SpaceX and a $30 billion holding in Intel. The AI chipmaker owned approximately 122.8 million shares in SpaceX and 214.8 million shares in Intel as of June 30, according to regulatory filings.
Read full article → Economy Plus