The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,691.76 | -0.47% |
| Dow Jones | 53,343.40 | -0.83% |
| Nasdaq | 26,289.71 | -0.59% |
| FTSE 100 | 10,728.04 | -1.07% |
| DAX | 26,128.36 | -1.00% |
| CAC 40 | 8,509.36 | -1.91% |
| Nikkei 225 | 65,530.50 | -4.07% |
| Hang Seng | 25,533.38 | +0.37% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 55,276.80 | -0.25% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.50–3.75% |
| SOFR (overnight) | 3.66% |
| 1-year UST | 3.99% |
| 2-year UST | 4.19% |
| 3-year UST | 4.26% |
| 5-year UST | 4.37% |
| 10-year UST | 4.71% |
| 30-year UST | 5.28% |
| 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 | 50.45 | +0.53% |
| EUR / USD | 1.1586 | +0.49% |
| GBP / USD | 1.3539 | +0.30% |
| USD / JPY | 159.35 | +0.01% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +0.56% · $/oz | ▲ $4,405.10 |
| WTI crude +2.84% · $/bbl | ▲ $84.74 |
| Brent crude +3.52% · $/bbl | ▲ $91.64 |
(19 Aug) The United States has paused scheduled tariff increases on Canadian goods following the announcement of a new trade agreement with Ottawa. This temporary reprieve applies to previously targeted sectors, including metals, lumber, and auto parts, after Washington had already implemented duties on specific exports.
Read full article → CNBC(19 Aug) Shares of Chinese robotics company Unitree surged significantly on their first day of trading in Shanghai. The substantial debut highlights continued investor appetite for advanced manufacturing and automation technologies within domestic equity markets.
Read full article → CNBC(19 Aug) South Korea and the United States will scale back their joint military exercises as Washington pursues a diplomatic summit with North Korea. The reduction in defensive drills aims to lower regional tensions and facilitate renewed dialogue on the Korean peninsula.
Read full article → CNBC(19 Aug) California's Attorney General emphasized that the state's antitrust trial against Meta focuses on market distortion and restitution rather than seeking massive financial damages. The opening arguments framed the lawsuit as an effort to correct competitive imbalances in the social media sector.
Read full article → CNBC(18 Aug) The U.S. president asserted American control over the Strait of Hormuz while indicating that no direct negotiations with Iran are currently scheduled. Despite these claims, commercial transiting vessels continue to face security risks, leading many operators to avoid the critical waterway.
Read full article → CNBC(18 Aug) Kweichow Moutai reported a rare decline in half-year net profit, marking a significant shift for the luxury liquor maker following its first annual drop on record. The earnings slump serves as a bellwether for broader consumer sentiment and economic headwinds currently affecting the domestic market.
Read full article → CNBC(18 Aug) Apple has restructured its application store fees in Europe to resolve ongoing regulatory disputes regarding the implementation of the Digital Markets Act. The technology company stated that the revised fee structure addresses the European Commission's concerns over payment processing and market competition.
Read full article → CNBC(18 Aug) Long-dated U.S. Treasury yields advanced to a multi-decade high, driven by persistent inflation and concerns over the federal fiscal trajectory. The sell-off in long-term fixed income reflects growing market anxiety regarding government borrowing needs and the broader macroeconomic outlook.
Read full article → CNBC(18 Aug) European Central Bank economists have warned that the artificial intelligence-driven technology rally could precipitate a significant market correction. The analysis suggests that historical precedents indicate valuations may eventually tumble, even if current prices reflect the transformative potential of the technology.
Read full article → CNBC(18 Aug) Home Depot reported second-quarter financial results that exceeded Wall Street expectations on both revenue and earnings, while reaffirming its full-year guidance. The retailer noted that its performance was achieved despite persistently frozen housing market conditions that have constrained broader home improvement spending.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(19 Aug) Tatweer Misr has secured 3 billion EGP in financing from Al Tamweir Leasing to complete its Fuka Bay and D Bay projects on the North Coast. The funding is split equally at 1.5 billion EGP for each project and aims to accelerate construction to finish them within two years.
Read full article → Economy Plus(19 Aug) The Egyptian government has renewed the concession of US-based Apache Corporation for five years, covering 3.4 million acres of exploration areas. Apache relinquished about 400,000 acres of unprospective areas, while its total gas production in the country rose 13% in the second quarter to 528.3 million cubic feet.
Read full article → Economy Plus(19 Aug) Saudi Arabia's Adis Holding plans to raise crude and condensate production from its Suez and Shukheir marine oil fields in the Gulf of Suez to about 11,000 barrels per day by the end of 2027. The target represents a 40% increase from current output of 7,000 barrels per day under a 10-year service agreement with the Egyptian General Petroleum Corporation.
Read full article → Economy Plus(19 Aug) Saudi Gold Refinery has submitted an application for exploration licenses in areas tendered by the Egyptian government in the Eastern Desert. Company Chairman Suleiman Al-Othaim said the firm aims to secure mining licenses and begin gold production before 2030, targeting mines comparable in size and output to the Sukari mine.
Read full article → Economy Plus(19 Aug) The Cairo International Financial Center has proposed managing and promoting the Central Business District in Egypt's New Administrative Capital to attract global companies and investments. Center representatives discussed the proposal with Housing Minister Randa El-Menshawy to enhance the district's appeal.
Read full article → Economy Plus(19 Aug) The Egyptian Unified Procurement Authority has approved a study to revise the prices of certain medical supplies supplied to the government. The decision follows significant increases in raw material costs, shipping, wages, and currency fluctuations, aiming to ensure manufacturers and traders can continue supplying the medical sector.
Read full article → Economy Plus(19 Aug) Samir Radwan, who served as Egypt's finance minister during the transitional government in 2011, has died at the age of 84. A prominent Arab economic thinker specializing in development and employment policies, Radwan held a PhD in economics from the University of London and advised on structural adjustment and industrial policies.
Read full article → Economy Plus(19 Aug) French shipping group CMA CGM has pledged to accelerate the return of its vessels to transit through the Suez Canal in the coming period. Suez Canal Authority Chairman Osama Rabie noted that the group's net tonnage transiting the canal rose to 25.2 million tons since the start of 2026, up from 18.8 million tons last year.
Read full article → Economy Plus(19 Aug) Japan's Idemitsu Kosan has started importing Saudi crude from the Yanbu port via the Suez Canal and the Cape of Good Hope, citing no immediate threat to global supply stability. The company noted that while voyage times have increased to 50 and 60 days from 20 days, it plans to continue purchasing Saudi crude via the Suez route.
Read full article → Economy Plus(19 Aug) Global oil services company Halliburton plans to conduct a comprehensive economic and technical study across Egypt in the coming months. The study will identify the best opportunities to apply horizontal drilling and hydraulic fracturing technologies based on the nature and production potential of each reservoir.
Read full article → Economy Plus(19 Aug) The North Coast captured 33% of total sales by Egypt's top 10 real estate developers in the first half of 2026, making it the second-largest sales region after East Cairo at 47%. West Cairo accounted for 11%, Ain Sokhna 7%, and international projects 2%, reflecting the area's growing weight in the property market.
Read full article → Economy Plus(19 Aug) The top three best-selling real estate projects on the North Coast generated a combined 258 billion EGP in sales from the start of 2026 to August 18. Talaat Moustafa Group's South Maid project led the rankings with 118 billion EGP in sales, bringing its cumulative sales to 520 billion EGP since its launch in 2024.
Read full article → Economy Plus(19 Aug) Egypt tops the outstanding sukuk market in Africa, accounting for 48% of the continent's total, according to a recent report by Fitch Ratings. Total outstanding sukuk in Africa exceeded 7 billion USD in August 2026, a 16% increase year-on-year, with Nigeria second at 26% and South Africa third at 15%.
Read full article → Economy Plus(19 Aug) The Central Bank of Egypt absorbed about 67.205 billion EGP in liquidity from the banking sector through its seven-day deposit facility. The operation, conducted on August 18, 2026, received bids totaling 67.205 billion EGP across six offers at a fixed return rate of 19.5%.
Read full article → Economy Plus(19 Aug) The Ministry of Petroleum aims to add about 370 million cubic feet per day of natural gas to the national grid before the end of the second half of 2026. The target will be achieved gradually through 9 new development and exploration wells, requiring estimated investments of 850 million USD.
Read full article → Economy Plus(19 Aug) The Egyptian Exchange closed lower on Tuesday, with the main EGX30 index dropping 0.25% to 55,276 points, while the EGX70 and EGX100 indices fell 0.48% and 0.54%, respectively. Despite the decline, the market capitalization of listed companies rose by about 3 billion EGP to reach 4.291 trillion EGP.
Read full article → Economy Plus(19 Aug) The US dollar rose by 29 to 30 piasters against the Egyptian pound in local banks, trading between 50.45 and 50.57 EGP for sale. Local 21-karat gold prices stabilized between 6,230 and 6,240 EGP per gram excluding making charges, as the local dollar increase offset the global ounce decline.
Read full article → Economy Plus(19 Aug) The Industrial Development Authority has set Thursday as the final deadline to draw tender booklets for 8 continuous casting billet production licenses with a total capacity of 2.8 million tons annually. Technical and financial bids must be submitted by September 9, with no prior applications considered.
Read full article → Economy Plus(19 Aug) The Egyptian Nuclear and Radiological Regulatory Authority confirmed that construction at the Dabaa nuclear plant follows multi-level oversight and strict safety procedures. The authority denied reports by US newspaper Politico regarding structural defects, stating the reactor features a double-walled containment vessel designed to withstand a 400-ton aircraft impact at 150 meters per second.
Read full article → Economy Plus(19 Aug) Times Urban Development plans to pump 15 billion EGP into the hospitality sector over the next 3 years, having already established a dedicated arm for hotel management. Chairman Ahmed El-Sergany said the company has invested 1.5 billion EGP in construction this year and is negotiating opportunities in Saudi Arabia and Oman.
Read full article → Economy Plus(19 Aug) The board of Al Tawfiq Leasing has appointed Fact Financial and Securities Consulting to prepare a fair value study for the company's shares. This follows the Financial Regulatory Authority's approval to publish a mandatory takeover bid from Al Baraka Bank Egypt to acquire between 51% and 90% of Al Tawfiq's shares.
Read full article → Economy Plus(19 Aug) The board of International Leasing - Incolis has approved the execution of the second issuance under its securitization program, capped at 2.5 billion EGP. The issuance will securitize the company's future and due financial receivables from its leasing clients, under a three-year program with a maximum limit of 10 billion EGP.
Read full article → Economy Plus(19 Aug) Madinaty Golf Club will host the 13th edition of the World Golf Awards from November 5 to 7, 2026, marking the first time the event is held in Egypt and the African continent. The World Golf Awards is a major global organization dedicated to evaluating and recognizing the best golf courses worldwide.
Read full article → Economy Plus(19 Aug) Singaporean hedge fund manager Dymon Asia Capital has secured a commitment of about 1 billion USD from the Abu Dhabi Investment Authority to fund its expansion from London to Hong Kong. The funds will be provided in tranches, aligning with ADIA's efforts to intensify its investments in hedge funds to boost returns.
Read full article → Economy Plus(19 Aug) Saudi Aramco resumed loading oil from within the Strait of Hormuz last week, with more tankers awaiting loading as the company offers heavy crude in the spot market. Aramco recently offered Asian refiners shipments of Arab Medium and Arab Heavy crude for ship-to-ship transfers off the coast of Fujairah this month.
Read full article → Economy Plus(19 Aug) Libya requires between 30 billion and 40 billion USD in investments to develop its untapped oil and gas resources, according to the head of the National Oil Corporation. Masoud Suleiman stated that a lack of capital is hindering the development of over 60 discovered but undeveloped fields, as the country targets raising production to 2 million barrels per day by 2030.
Read full article → Economy Plus(19 Aug) Profits for very large crude carriers operating on the Middle East-Asia route jumped to their highest level in two months as Gulf exporters secure more ships to transport crude through the Strait of Hormuz. Estimated earnings for a 3-million-barrel VLCC on the Middle East-China route rose to about 510,000 USD per day on Monday, the highest since late June.
Read full article → Economy Plus(19 Aug) Global gold prices fell 0.5% to settle near 4,393 USD per ounce, pressured by rising bond yields and the dollar, despite its safe-haven appeal. The dollar index remained stable as markets awaited the US Federal Reserve's meeting minutes for cues on September interest rate decisions.
Read full article → Economy Plus(19 Aug) Brent crude surpassed 91.40 USD per barrel and WTI rose to 85.16 USD amid escalating tensions between Iran and the US over the Strait of Hormuz. Global inflation fears pushed 30-year US Treasury yields to a 2007 high of 5.33%, driving the S&P 500 and Europe's Stoxx 600 to their fifth consecutive daily decline.
Read full article → Economy Plus(19 Aug) Foreign institutional investors prioritize earnings growth, quality, and sustainable cash flows over ease of market entry and exit when deciding to invest in a market, according to Nomura. The bank noted that foreign institutions focus on a company's ability to achieve long-term growth and distribute returns.
Read full article → Economy Plus(19 Aug) Saudi Aramco and Ma'aden have launched a joint project to explore minerals within Saudi Arabia. The initiative aims to expand the Kingdom's mining sector and identify new resource opportunities.
Read full article → Economy Plus