The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,745.06 | -0.10% |
| Dow Jones | 53,459.78 | -0.96% |
| Nasdaq | 26,644.91 | +0.15% |
| FTSE 100 | 10,720.30 | -1.31% |
| DAX | 26,338.61 | +0.06% |
| CAC 40 | 8,579.60 | -1.55% |
| Nikkei 225 | 67,979.66 | +0.67% |
| Hang Seng | 25,287.25 | -1.43% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 55,415.10 | -0.79% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.50–3.75% |
| SOFR (overnight) | 3.62% |
| 1-year UST | 4.00% |
| 2-year UST | 4.19% |
| 3-year UST | 4.25% |
| 5-year UST | 4.38% |
| 10-year UST | 4.72% |
| 30-year UST | 5.31% |
| 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 | 50.17 | +0.05% |
| EUR / USD | 1.1575 | +0.27% |
| GBP / USD | 1.3537 | +0.20% |
| USD / JPY | 159.70 | +0.27% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +1.91% · $/oz | ▲ $4,446.80 |
| WTI crude +4.82% · $/bbl | ▲ $85.17 |
| Brent crude +4.96% · $/bbl | ▲ $91.39 |
(18 Aug) A ship was attacked in the Strait of Hormuz as the United States and Iran dig in for a protracted conflict following the lapse of a temporary truce. Both nations have hardened their positions and rejected renewed negotiations, raising the risk of a wider regional war.
Read full article → CNBC(18 Aug) Synchrony has announced an early-stage partnership with OpenAI to enhance its digital services. The collaboration aims to provide the credit card issuer's customers with smoother online shopping experiences through artificial intelligence integration.
Read full article → CNBC(17 Aug) Meta is facing a federal trial in California over child safety claims that could result in significant financial penalties. The lawsuit also threatens to force major operational changes across its Facebook and Instagram platforms.
Read full article → CNBC(17 Aug) The United States possesses the financial capacity to outspend China in the development of artificial intelligence. However, industry analysis suggests that capital alone may not be the sole determining factor in securing dominance in the global AI race.
Read full article → CNBC(17 Aug) Nvidia is backing a major financing initiative to support the construction of a new data center in Ohio for OpenAI. The move follows recent Securities and Exchange Commission guidance that relieves sponsors of certain liabilities for data center investments.
Read full article → CNBC(17 Aug) Wall Street's primary volatility gauge has fallen to its lowest level of the year, signaling growing investor complacency. Market strategists warn that this subdued environment is unlikely to persist ahead of a traditionally turbulent period for equities.
Read full article → CNBC(17 Aug) Japanese automakers are facing compounding headwinds from the escalating conflict in the Middle East and a strengthening domestic currency. The combination of geopolitical supply chain disruptions and a rising yen threatens to compress profit margins for the sector.
Read full article → CNBC(17 Aug) Russia struck port infrastructure in Ukraine's Odesa region, damaging a civilian vessel near Izmail. The escalation follows one of Kyiv's largest aerial drone attacks on Moscow in recent months.
Read full article → CNBC(17 Aug) Alibaba has launched a new artificial intelligence model designed for laptop integration, escalating its rivalry with Meta in the open-weight sector. The Chinese technology giant also released the weights of its most powerful Qwen model to broaden developer access.
Read full article → CNBC(17 Aug) The rapid drawdown of the United States strategic petroleum reserve is approaching a critical threshold. Energy experts warn that further depletion could cause structural damage to the underground salt caverns used for storage and disrupt future operations.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(18 Aug) The Financial Regulatory Authority is preparing to increase the limit on securities available for short selling to 40% from the current 25%. The move aims to boost market liquidity, attract hedge funds, and support same-day trading activities.
Read full article → Economy Plus(18 Aug) A ministry spokesperson stated that the new Baccalaureate system will reduce student density in classrooms. The government has begun a national training program for teachers on the new curricula in cooperation with UNICEF and a Japanese company.
Read full article → Economy Plus(18 Aug) The head of the Poultry Division stated that adding poultry to subsidy cards would require over 1 billion chickens annually. He urged a comprehensive study of the system to ensure fair pricing and sustained production.
Read full article → Economy Plus(18 Aug) Egyptian hotels are speeding up compliance with the Green Star Hotel program to boost competitiveness in European markets by 5% to 10%. The number of certified hotels rose to 232 by the end of 2025, with expectations to exceed 250 by the end of 2026.
Read full article → Economy Plus(18 Aug) The Public Investment Fund reported a 152.5% increase in its 2025 net profit to 65.187 billion riyals, up from 25.820 billion riyals in 2024. Revenues grew to 449.94 billion riyals from 413.4 billion riyals, while the fund manages over 3.4 trillion riyals in assets.
Read full article → Economy Plus(18 Aug) Al Rajhi Capital reported that average real estate financing fell by 31.3% in the first half of 2026. The decline reflects shifting dynamics in the kingdom's property lending market.
Read full article → Economy Plus(18 Aug) The yield on Egypt's 30-year treasury bonds reached its highest level in 19 years. The record high reflects current market conditions and investor expectations for long-term debt.
Read full article → Economy Plus(18 Aug) The government received three bids to build the country's first onshore liquefied natural gas regasification unit at the Ain Sokhna port with an initial capacity of 1 billion cubic feet per day. The facility aims to help bridge the gap between local production and consumption, with options to expand capacity and storage.
Read full article → Economy Plus(17 Aug) The foundation stone was laid for the SunGro Power Suez facility in the TEDA zone, marking the first energy storage systems factory in the Middle East and Africa. The $50 million project aims to support the clean energy transition and is expected to create over 100 jobs.
Read full article → Economy Plus(18 Aug) The Ministry of Petroleum plans to increase liquefied natural gas imports to 20 cargoes in September, bringing total summer shipments to about 63 cargoes. The September import bill is estimated at $1 billion, part of a $10.7 billion allocation for natural gas needs in fiscal 2026-2027.
Read full article → Economy Plus(18 Aug) EFG Holding stated that the potential initial public offerings of Misr Life Insurance and Bank of Cairo are central to achieving the government's $1.5 billion divestment target for fiscal 2026-2027. The government is studying the sale of a 10% stake in Misr Life to strategic investors and another 10% via the stock exchange.
Read full article → Economy Plus(17 Aug) The National Investment Bank reported a net profit of nearly 6 billion EGP for the fiscal year ended June 30, 2025, compared to a loss of 31.7 billion EGP in the previous year. The turnaround reflects improved financial performance following restructuring efforts.
Read full article → Economy Plus(17 Aug) The Egyptian Exchange recorded a large block trade on Commercial International Bank shares worth a total of 2.46 billion EGP. The transaction involved 18.45 million shares at an average execution price of 133.1 EGP per share.
Read full article → Economy Plus(17 Aug) Citadel Capital reduced its holding in Asyut Mineral Fertilizers to 50.76% from 51.06% after selling 150,000 shares. The transaction was executed at an average price of 65.38 EGP per share, totaling about 9.81 million EGP.
Read full article → Economy Plus(18 Aug) Talaat Moustafa Group led the top 10 real estate developers in Egypt with sales of about 219.1 billion EGP in the first half of 2026, driven by 93.9 billion EGP from the South Med project. Total sales for the top 10 developers reached 670 billion EGP, up 2.9% year-on-year, with 39,000 units sold.
Read full article → Economy Plus(17 Aug) The main EGX30 index fell 0.79% to close at 55,415 points, while the EGX70 and EGX100 indices rose 0.63% and 0.33%, respectively. Trading volume reached about 17.7 billion EGP, with total market capitalization standing at approximately 4.2 trillion EGP.
Read full article → Economy Plus(18 Aug) The Central Bank of Egypt directed banks to submit comprehensive annual plans to promote financial culture by the last quarter of each year. The plans must include measurable activities, specific outcomes, and mechanisms to assess impact.
Read full article → Economy Plus(18 Aug) Net foreign assets at the Central Bank of Egypt increased to about $17.76 billion at the end of July 2026, up from $16.97 billion in June. The $785 million rise represents a 4.62% monthly increase, calculated at an exchange rate of 51.1934 EGP per dollar.
Read full article → Economy Plus(18 Aug) Foreign Minister Badr Abdelatty proposed establishing an Egyptian entity to coordinate investments in Africa, involving government, banking, and private sectors. The initiative aims to support Egyptian companies in expanding across African markets and develop a database for priority projects.
Read full article → Economy Plus(18 Aug) The Financial Regulatory Authority will hold the annual summit for its Fintech Sandbox on September 7, 2026, to review its first year of operations. During its first year, the sandbox received 49 project applications, granting preliminary approval to seven and moving two to the actual testing phase.
Read full article → Economy Plus(17 Aug) Fintech company Value completed its first corporate bond issuance totaling 1 billion EGP, part of a program up to 10 billion EGP. EFG Hermes acted as the sole financial advisor, lead manager, and underwriter for the issuance.
Read full article → Economy Plus(18 Aug) About 5 million users registered on the MY NTRA application following a recent crisis involving mobile lines registered without subscribers' knowledge. Total registrations on the app surged to 12 million, up from 7 million prior to the crisis.
Read full article → Economy Plus(18 Aug) Mobile operators may incur a total cost of between 150 million and 300 million EGP to verify customer data and clean their databases. This follows a recent crisis where millions of mobile lines were registered without the subscribers' knowledge.
Read full article → Economy Plus(18 Aug) Eastern Company reported a standalone net profit of 2.901 billion EGP in the second quarter of 2026, up 7% from 2.702 billion EGP a year earlier. For the first half of the year, net profit fell 4% to 4.155 billion EGP due to a 2.6 billion EGP provision for an early retirement program.
Read full article → Economy Plus(17 Aug) Shares of Abu Dhabi Ports Group surged about 15% after the company received a conditional optional cash offer from ADQ to acquire up to 100% of its issued capital. ADQ is a sovereign wealth fund owned by the Government of Abu Dhabi.
Read full article → Economy Plus(18 Aug) Jordan's King Abdullah II began a state visit to China from August 18 to 24 at the invitation of President Xi Jinping. The visit will focus on strengthening bilateral cooperation, particularly in the economic sector.
Read full article → Economy Plus(18 Aug) Shipping traffic through the Strait of Hormuz slowed at the start of the week following attacks on oil tankers and stalled US-Iran negotiations. Vessel tracking data showed only five bulk cargo ships transiting the strait on Saturday and none on Sunday, compared to 31 ships the previous week.
Read full article → Economy Plus