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 | 65,779.32 | -2.49% |
| Hang Seng | 25,465.23 | +0.05% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 55,350.40 | +1.54% |
| 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 main refinancing | 2.40% |
| ECB marginal lending | 2.65% |
| €STR | 2.19% |
| Pair | Rate | Change |
|---|---|---|
| USD / EGP | 50.81 | +1.29% |
| EUR / USD | 1.1685 | +0.88% |
| GBP / USD | 1.3647 | +0.72% |
| USD / JPY | 158.84 | -0.32% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +4.61% · $/oz | ▲ $4,696.30 |
| WTI crude -0.24% · $/bbl | ▼ $85.62 |
| Brent crude +1.56% · $/bbl | ▲ $93.05 |
(24 Aug) The United States is preparing a major financial offensive against Iran following the expiration of a ceasefire window. The escalation closes off the formal truce mechanism intended to end the ongoing six-month conflict.
Read full article → CNBC(24 Aug) Alibaba shares fell sharply after the technology company priced a major share placement to fund its artificial intelligence investments. The capital raise highlights the significant financial commitments required to compete in the rapidly expanding sector.
Read full article → CNBC(23 Aug) United Airlines Chief Executive Scott Kirby outlined his strategic vision for the carrier, including proposed industry consolidation and artificial intelligence integration. The comments signal a major shift in how the airline plans to navigate future growth and operational efficiency.
Read full article → CNBC(23 Aug) Regulatory shifts have cleared the path for major lenders to pursue significant acquisitions within the regional banking sector. Wells Fargo and Citigroup are reportedly evaluating several large regional targets to expand their market footprint.
Read full article → CNBC(23 Aug) Trade negotiations between the United States and Canada have collapsed, prompting the implementation of new tariffs on Canadian exports. In response, Canadian officials announced that retaliatory measures will take effect in early September.
Read full article → CNBC(23 Aug) The expansion of the data center sector is facing significant headwinds unrelated to underlying market demand. Maintaining a competitive advantage in this infrastructure space is becoming increasingly complex amid current political and regulatory dynamics.
Read full article → CNBC(23 Aug) Paramount and the California Attorney General's office are scheduled to hold discussions regarding a potential settlement. The talks aim to resolve the ongoing antitrust litigation surrounding the company's proposed merger with Warner Bros. Discovery.
Read full article → CNBC(23 Aug) A small power generation facility in the United Kingdom was forced to shut down following a cyberattack attributed to Iranian actors. The government confirmed the incident did not threaten the broader national energy system and has advised sector executives on security measures.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(24 Aug) The Central Bank of Egypt's board approved regulations for the digital financial identity system to electronically identify and verify bank customers. Governor Hassan Abdullah said the system will allow citizens to open accounts and access banking services digitally without visiting branches. The rules establish a regulatory framework covering governance, technical requirements, and cybersecurity controls.
Read full article → Economy Plus(24 Aug) The Egyptian Exchange will exempt the first 20 small and medium-sized enterprises that meet listing requirements from administrative service fees, provided they complete the process by September 30, 2026. Exchange head Omar Radwan issued an executive decision outlining the conditions, which include being nominated by the SME Development Authority. The waiver covers fees for reviewing listing applications, adding securities to exchange tables, and publishing financial statements.
Read full article → Economy Plus(24 Aug) The Financial Regulatory Authority is studying 25 applications to establish real estate investment funds, including requests from developers to convert into funds. Total assets managed by these funds rose to about 12.647 billion Egyptian pounds by the end of June 2026, up from 9.011 billion Egyptian pounds in March. The number of fund documents reached about 1.474 billion.
Read full article → Economy Plus(24 Aug) The Ministry of Education placed Global Academy International under financial and administrative supervision following violations involving the use of parents' personal data to secure education loans without their knowledge. The Financial Regulatory Authority previously removed 319 million Egyptian pounds in debts for 616 clients from the i-Score database and took legal action against the financing company.
Read full article → Economy Plus(24 Aug) Archios Energy aims to accelerate the start of production from the Harmutan gas field in the Mediterranean, targeting late 2027 instead of the first half of 2028. The project requires an estimated 530 million US dollars in total investments and will be connected to the Hapi station via a 50-kilometer gas pipeline.
Read full article → Economy Plus(24 Aug) Israel will reduce natural gas supplies to Egypt by 50% to 600 million cubic feet per day for three days due to partial maintenance at the Tamar and Leviathan fields. Egypt will compensate for the shortfall by requesting a spot liquefied natural gas cargo from suppliers for 50 million US dollars, to be received via the Aqaba terminal in Jordan.
Read full article → Economy Plus(24 Aug) The Egyptian government is exploring strategic partnerships with ADNOC Drilling to participate in an expanded onshore and offshore well drilling program. Oil Minister Karim Badawi met with ADNOC Drilling CEO Abdullah Atiyah Al Masabi to discuss cooperation opportunities to support the ministry's plans to increase oil and gas production.
Read full article → Economy Plus(24 Aug) The Ministry of Investment and Foreign Trade allowed the export of all types of sugar until the end of the current year, limited to quantities exceeding local market needs. The decision requires the ministry's approval for sugar export operations and aims to utilize surplus volumes while ensuring domestic market supply.
Read full article → Economy Plus(24 Aug) Zahraa Maadi for Investment and Development will hold an extraordinary general assembly on September 17, 2026, to consider an offer from Al Safi Real Estate Development. The proposal involves developing a 104.32-fedan plot in the fourth phase of Zahraa Maadi city into a fully serviced residential community. The total estimated contract value is about 82.02 billion Egyptian pounds, with Zahraa Maadi's share at 37.1%, or roughly 30.43 billion Egyptian pounds.
Read full article → Economy Plus(24 Aug) The Egyptian Exchange closed higher on Sunday, with the main EGX30 index rising 1.12% to 55350 points and the broader EGX100 index gaining 3.18%. The total market capitalization of listed companies increased by about 60 billion Egyptian pounds to close at 4.278 trillion Egyptian pounds. Meanwhile, the US dollar fell by 2 piastres against the Egyptian pound to trade at 50.79 Egyptian pounds for buying and 50.83 Egyptian pounds for selling.
Read full article → Economy Plus(24 Aug) Abu Dhabi Commercial Bank - Egypt signed a 618 million Egyptian pound financing agreement with the Industrial Development Group to build an industrial complex in New October. The e2 New October project spans 1.6 square kilometers and aims to develop over 100 factories and industrial facilities, creating more than 10,000 jobs.
Read full article → Economy Plus(24 Aug) The National Authority for Tunnels pre-qualified five international companies out of six bidders to set the technical and financial criteria for operating the Raml Tram in Alexandria. This runs parallel to the project's modernization, which costs about 363 million euros.
Read full article → Economy Plus(24 Aug) The Arab Organization for Industrialization will begin constructing Egypt's largest municipal solid waste recycling plant in Defra village, Gharbia governorate. The plant will have a production capacity of 1600 tons per day and will be built on 12 feddans using European technology.
Read full article → Economy Plus(24 Aug) The National Planning Institute warned of increasing pressures on the Egyptian labor market as the number of new youth entrants is expected to rise from about 575,000 annually to nearly 800,000 by 2030. The institute noted that the widening gap between new entrants and available jobs could deepen structural unemployment and increase informal economy participation.
Read full article → Economy Plus(24 Aug) Orascom Investment Holding confirmed it did not proceed with the competition to manage and operate Hurghada International Airport. The clarification came in response to a shareholder inquiry during the company's ordinary general assembly on August 17 regarding its status in the tender.
Read full article → Economy Plus(24 Aug) Saudi Arabia is reorganizing its oil delivery routes to global customers as Houthi threats in Yemen complicate the use of a key alternative route. The kingdom is sending tankers on longer voyages around Africa to collect shipments, while its oil moves in the opposite direction along the difficult route.
Read full article → Economy Plus(24 Aug) The trade in services and investment agreement between the UAE and Russia has officially entered into force, expanding economic cooperation to include services and cross-border investments. The agreement provides a framework to reduce market entry barriers, facilitate the movement of professionals, and enhance investor protection.
Read full article → Economy Plus(24 Aug) Sudan's Ministry of Industry formed a supreme committee to rehabilitate and develop industrial zones in Khartoum state to assess damaged facilities and help restart closed factories. The ministry estimates that about 1800 industrial facilities were damaged, including 650 completely destroyed, with sector losses estimated between 50 billion and 58 billion US dollars due to the war.
Read full article → Economy Plus(24 Aug) China's Alibaba plans to raise about 10.2 billion US dollars through a secondary share offering, directing the entire net proceeds to develop its artificial intelligence capabilities. The e-commerce and cloud computing company plans to sell about 710 million shares at 14.37 US dollars per share in the largest secondary offering ever for a company listed on the Hong Kong Stock Exchange.
Read full article → Economy Plus