The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,674.37 | -1.43% |
| Dow Jones | 53,277.01 | -0.85% |
| Nasdaq | 26,180.46 | -2.05% |
| FTSE 100 | 10,816.56 | +0.62% |
| DAX | 26,136.56 | -1.15% |
| CAC 40 | 8,484.43 | -1.11% |
| Nikkei 225 | 66,016.36 | -4.63% |
| Hang Seng | 26,009.46 | +3.55% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 54,737.10 | +0.41% |
| Instrument | Rate / Yield | Note |
|---|---|---|
| Policy corridor | ||
| Overnight deposit | 19.00% | unchanged |
| Overnight lending | 20.00% | unchanged |
| Main operation rate | 19.50% | unchanged |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.50–3.75% |
| SOFR (overnight) | 3.63% |
| Euro Area | |
| ECB deposit facility | 2.25% |
| ECB marginal lending | 2.65% |
| €STR | 2.19% |
| Pair | Rate | Change |
|---|---|---|
| USD / EGP | 50.83 | +1.31% |
| EUR / USD | 1.1678 | +0.90% |
| GBP / USD | 1.3648 | +0.75% |
| USD / JPY | 158.94 | -0.18% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +7.21% · $/oz | ▲ $4,680.60 |
| WTI crude +2.50% · $/bbl | ▲ $87.06 |
| Brent crude +3.70% · $/bbl | ▲ $94.39 |
(22 Aug) Iran has criticized proposed U.S. economic measures as an infringement on its sovereignty ahead of their implementation. U.S. Treasury Secretary Scott Bessent indicated the sanctions are intended to negate the need for major military operations in the region.
Read full article → CNBC(22 Aug) The United States and Canada failed to reach a trade agreement, prompting the U.S. to implement new tariffs on certain Canadian exports. In response, Canadian officials announced that retaliatory measures will take effect in early September.
Read full article → CNBC(22 Aug) Judge Yvonne Gonzalez Rogers is overseeing a landmark trial involving Meta that could significantly impact the company's future operations. She has previously presided over several other major legal cases involving prominent technology firms.
Read full article → CNBC(22 Aug) President Donald Trump disclosed a broad reshuffling of his personal investment portfolio during the month of June. The filings revealed numerous financial transactions, including the sale of technology stocks and the acquisition of shares in Berkshire Hathaway.
Read full article → CNBC(22 Aug) Nvidia has alerted some of its largest clients to potential price increases for servers equipped with its artificial intelligence chips. The adjustments reflect broader cost pressures within the supply chain for advanced computing hardware.
Read full article → CNBC(22 Aug) Market participants identify varying macroeconomic and geopolitical risks that could disrupt current equity trends. Despite differing views on the primary threats, institutional investors broadly agree on the necessity to diversify portfolios beyond recent market leaders.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(23 Aug) S&P Dow Jones Indices has retained Egypt in the emerging markets category, dropping a previous proposal to reclassify it as a frontier market from September 2027. The decision reflects positive developments in the Egyptian exchange, including the launch of the derivatives market and short-selling mechanisms, according to Exchange Chairman Omar Radwan.
Read full article → Economy Plus(23 Aug) FTSE Russell announced updates to its Egyptian equity index components, moving Telecom Egypt to the mid-cap index and adding three companies to the micro-cap index. Meanwhile, Orascom Construction was moved to the small-cap index, while six other companies, including Abu Qir Fertilizers and e-finance, were removed from their respective indices.
Read full article → Economy Plus(23 Aug) Revenues of Egyptian securities brokerage firms surged 353.5% to reach about 7.693 billion EGP at the end of 2025, up from 1.696 billion EGP in 2020. However, measured in US dollars, the sector's aggregate revenues grew by a more moderate 46.8% to $158.62 million, indicating that much of the nominal jump was driven by the devaluation of the pound.
Read full article → Economy Plus(23 Aug) Egypt's tax revenues increased by 17.5% year-on-year to 2.590 trillion EGP in the fiscal year 2025-2026, up from 2.204 trillion EGP in the previous year, according to two government officials. The rise was attributed to new tax facilitation packages, expanded digitalization, tax dispute settlements, and efforts to integrate the informal economy into the tax base.
Read full article → Economy Plus(23 Aug) The Suez Canal is regaining momentum and attracting new shipping services between Europe and Asia after Maersk resumed transit through the waterway. On Saturday, two Maersk container ships, the Matilde Maersk with a 200,000-ton capacity and the Bangkok Maersk with a 190,000-ton capacity, crossed the canal as part of the northbound convoy.
Read full article → Economy Plus(23 Aug) The government plans to allocate up to $860 million annually from the state budget starting in the current fiscal year 2026-2027 through 2030 to expand data centers and cloud computing. The investments will fund the creation of data centers, computing infrastructure, and the expansion of artificial intelligence applications in state-owned companies, targeting 0.10% to 0.15% of GDP.
Read full article → Economy Plus(23 Aug) Egypt's four mobile operators have granted corporate clients a maximum 30-day grace period to update data for old lines registered under corporate systems. The new measures aim to tighten mobile line registration, verify the actual user's identity, and prevent the continued use of lines registered under mismatched data.
Read full article → Economy Plus(23 Aug) The Aqar Exit platform, which manages contracts for clients defaulting on real estate installments, has surpassed 50 billion EGP in total real estate portfolio value listed on its marketplace. Founder Mahmoud Ammar told Economy Plus the platform has registered about 4,500 units and aims to reach between 50,000 and 60,000 units by the end of 2026 before expanding to Gulf markets.
Read full article → Economy Plus(23 Aug) Egypt's pharmaceutical division asserts that local insulin production now efficiently covers most market needs, rivaling imports. However, health officials and industry experts warn that the shift to local products must account for patient needs, noting that local production is primarily available in traditional syringes rather than the modern pens patients have used in recent years.
Read full article → Economy Plus(23 Aug) The global Allianz group expects Egypt's health insurance market to grow at a compound annual rate of 20.9% between 2026 and 2036, ranking third globally among 48 countries. The high growth rate is largely tied to the market's relatively low base, building on a 30.5% CAGR recorded by the sector from 2015 to 2025.
Read full article → Economy Plus(20 Aug) The Central Bank of Egypt's Monetary Policy Committee kept its key interest rates unchanged, with the overnight deposit, lending, and main operation rates holding at 19%, 20%, and 19.5%, respectively. The bank expects headline inflation to accelerate until the third quarter of 2026 on average, though the pace of acceleration is lower than previously forecast.
Read full article → Economy Plus(23 Aug) The US dollar maintained its recent levels against the Egyptian pound in banks on Saturday, amid calm in the foreign exchange market. The stability helps ease pressure on import costs and debt servicing, though the currency remains tied to developments in dollar liquidity, tourism, remittances, and investment.
Read full article → Economy Plus(23 Aug) Prime Minister Mostafa Madbouly attended the inauguration of the Julius Nyerere hydropower dam in Tanzania, a project built by an Egyptian consortium comprising Arab Contractors and Elsewedy Electric. The $2.9 billion project has a power generation capacity of up to 2,115 megawatts and underscores the capability of Egyptian companies to execute major projects in Africa.
Read full article → Economy Plus(23 Aug) A combination of investment and savings incentives has led to a surge in the number of millionaires in Saudi Arabia last year, making the kingdom the top Arab country in millionaire population, according to the UBS Global Wealth Report. The acceleration is driven by an improving investment culture, enhanced savings incentives, and rising real estate values in the largest Arab economy.
Read full article → Economy Plus(23 Aug) Saudi Crown Prince Mohammed bin Salman visited France at the invitation of President Emmanuel Macron to discuss energy and logistics transport routes, including maritime and alternative pipeline and railway projects. The talks also cover technology, transport, energy, and health agreements during the first meeting of the French-Saudi Strategic Partnership Council.
Read full article → Economy Plus(23 Aug) Investments in the Saudi space sector increased by 16% during 2025. The newsletter did not provide further details on the specific projects or total value of these investments.
Read full article → Economy Plus(23 Aug) Makkarem Real Estate, owned by Saudi Arabia's Fawaz Alhokair Group, has contracted with Soma Bay to develop a 100-acre tourism project on the Red Sea featuring residential, hotel, and commercial units. Sources told Al Sharq Bloomberg that the Saudi company's share of the project's revenues will reach 40 billion EGP, with sales expected to begin before the end of 2026.
Read full article → Economy Plus(23 Aug) The medical supplies division of the Cairo Chamber of Commerce aims to increase the sector's exports by about 10% this year to reach nearly 7.9 billion EGP. Division head Mohamed Ismail Abdel-Aleh told Al-Borsa that medical supplies exports grow annually at a rate of about 10% as the sector continues to expand into foreign markets.
Read full article → Economy Plus(23 Aug) The Alexandria National Refining and Petrochemicals Company achieved its highest-ever production rate of high-octane gasoline, reaching about 2 million tons annually in the 2025/2026 fiscal year. This output covers more than 30% of total local production, supported by a comprehensive program to improve the efficiency of production units and planned maintenance.
Read full article → Economy Plus(23 Aug) The Prime Minister has issued a decision to appoint Rasha Abdel-Aal Hassan as head of the Egyptian Tax Authority for a one-year term. Abdel-Aal previously took office in December 2023 after being tasked by former Finance Minister Mohamed Maait to run the authority following her tenure as deputy head.
Read full article → Economy Plus(23 Aug) The United States and Canada failed to reach a trade agreement, prompting Washington to impose 50% tariffs on $20 billion worth of Canadian goods under Section 338, starting at midnight on Saturday. In response, Canadian Prime Minister Mark Carney announced that Canada will impose tariffs on US imports starting September 8.
Read full article → Economy Plus(23 Aug) Iran has completed about 70% of the repairs at the Phase 14 gas refinery of the South Pars field, which was damaged during an Israeli attack in June of last year. The country plans to fully return the facility to production before the end of the current year.
Read full article → Economy Plus(23 Aug) Iran has granted permission for a number of Iraqi oil tankers to pass through the Strait of Hormuz, following repeated requests from Baghdad through various channels. The move was reported by the Islamic Republic News Agency on Saturday.
Read full article → Economy Plus(23 Aug) Arab and foreign investors recorded net sales of $220.6 million in the secondary market for government debt on the Egyptian Exchange. Meanwhile, the EGX30 index closed up 0.4% at 54,737 points, while the EGX70 and EGX100 indices fell by 0.7% and 0.5%, respectively.
Read full article → Economy Plus(23 Aug) Gold prices rose for a third consecutive week, hitting a more than three-month high on Friday as a US Treasury bond buyback plan weighed on the dollar. The metal gained 1.88% in spot trading to $4,604.09 an ounce, after earlier reaching its highest level since May 15 at $4,620.14.
Read full article → Economy Plus