The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,711.76 | +0.49% |
| Dow Jones | 53,559.99 | +0.53% |
| Nasdaq | 26,402.42 | +0.85% |
| FTSE 100 | 10,824.26 | +0.07% |
| DAX | 26,569.99 | +1.66% |
| CAC 40 | 8,401.18 | -0.61% |
| Nikkei 225 | 65,720.89 | -0.21% |
| Hang Seng | 25,402.36 | -0.45% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 54,937.30 | -0.61% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.50–3.75% |
| SOFR (overnight) | 3.64% |
| 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 | 50.47 | -0.62% |
| EUR / USD | 1.1593 | -0.64% |
| GBP / USD | 1.3543 | -0.70% |
| USD / JPY | 159.82 | +0.43% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -2.81% · $/oz | ▼ $4,468.80 |
| WTI crude +3.50% · $/bbl | ▲ $85.11 |
| Brent crude +2.65% · $/bbl | ▲ $90.17 |
(31 Aug) Crude prices advanced amid heightened concerns over supply disruptions following U.S. military strikes on Iranian rocket launchers. The escalation in the Strait of Hormuz region has prompted markets to reassess near-term energy security risks.
Read full article → CNBC(31 Aug) Tensions in the Middle East intensified as Washington threatened strikes on a critical Iranian oil export terminal. This rhetoric follows recent military actions and signals a renewed phase of direct hostilities between the two nations.
Read full article → CNBC(31 Aug) Manufacturing activity in China contracted for consecutive months, though the decline was less severe than anticipated. The sustained weakness in the sector maintains pressure on Beijing to deploy further economic stimulus as growth momentum fades.
Read full article → CNBC(31 Aug) Federal Reserve Chair Kevin Warsh adopted a hawkish tone at the Jackson Hole symposium, reinforcing market expectations for tighter monetary policy. Analysts note this stance could increase the probability of a policy adjustment in September and create friction with the Treasury.
Read full article → CNBC(31 Aug) Shares of the electric vehicle manufacturer fell following the release of its latest financial results, despite reported profit growth and overseas expansion. The market reaction highlights investor concerns over intense domestic competition and its impact on future margins.
Read full article → CNBC(30 Aug) Aon is reportedly advancing discussions to acquire the insurance brokerage USI from private equity firm KKR. The potential transaction would significantly expand the acquirer's footprint in the global insurance broking market.
Read full article → CNBC(30 Aug) The recent sharp pullback in the semiconductor giant's stock is being closely analyzed for its broader implications on the technology sector. Market observers are linking the equity's volatility to shifting expectations around Federal Reserve policy and the wider oil market.
Read full article → CNBC(30 Aug) The escalation of trade disputes between the United States and Canada has triggered a repricing across metals and materials equities. While the immediate market reaction has been swift, analysts caution that the long-term structural impacts on critical supply chains remain uncertain.
Read full article → CNBC(30 Aug) The United States has reportedly reached an agreement to secure majority control over a massive portion of Venezuelan oil reserves. This development marks a significant shift in energy diplomacy and could alter global crude supply dynamics.
Read full article → CNBC(31 Aug) India's largest digital and telecommunications operator has received regulatory approval to proceed with its initial public offering. The clearance paves the way for a major market debut, though another highly anticipated state-backed exchange listing remains pending.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(30 Aug) The Egyptian Cabinet stated that the Suez Canal is not subject to any proposals for swapping, pledging, or transferring ownership to settle domestic debt. The statement came in response to a social media post by businessman Hassan Heikal, who suggested transferring state assets to the Central Bank to offset government liabilities, a concept the government confirmed it has previously studied and rejected.
Read full article → Economy Plus(30 Aug) The Central Bank of Egypt and the Central Bank of the UAE affirmed their full and ongoing coordination regarding the normal operations of Bank of Misr's branches in the UAE. The joint statement follows a US Treasury proposal for special measures concerning the bank's UAE branches, with the Emirati central bank conducting an urgent inspection of the relevant transactions.
Read full article → Economy Plus(30 Aug) Bank of Misr announced that all its branches in the UAE are operating normally following coordination with the central banks of Egypt and the UAE. The bank emphasized its full commitment to its UAE branches and customer rights while continuing to cooperate with all relevant regulatory authorities in light of the US Treasury's proposed measures.
Read full article → Economy Plus(31 Aug) President Abdel Fattah el-Sisi's revelation of a 300 million EGP fraud case has renewed focus on unlicensed collectors who promise high returns but often abscond with victims' savings. The newsletter highlights regulated investment funds as a secure alternative, noting that unlicensed schemes operate without official oversight, leaving investors with no protection or recourse.
Read full article → Economy Plus(31 Aug) BMI, a Fitch Solutions unit, forecasts that average Egyptian household disposable income will rise to 348,200 EGP annually, or about 29,000 EGP per month, by 2030, up from 199,100 EGP in 2025. The research note also projects a significant increase in the share of households earning over $10,000 annually, climbing from 4.2% in 2026 to 15.7% in 2030.
Read full article → Economy Plus(31 Aug) The Egyptian government intends to construct four new container ships in China at a cost of $160 million, with manufacturing set to begin in 2028 and take about four years. The project aims to expand and modernize the national commercial fleet, while the Transport Ministry will make Chinese participation in building a specialized ship repair yard in Alexandria a key condition of the agreement.
Read full article → Economy Plus(31 Aug) Businessman Ahmed Tarek Khalil has acquired all assets of Al-Walili for Agricultural Products in a transaction valued at approximately 2 billion EGP, sources said. The deal includes taking over three fully equipped factories in Borg El Arab and settling over 1 billion EGP in debts owed to nine banks, rescuing the company's industrial assets from auction after severe financial distress.
Read full article → Economy Plus(30 Aug) Real estate developer SODIC signed a 7.5 billion EGP medium-term facility agreement with Commercial International Bank (CIB) to finance the development of its June project in Ras El Hekma. The financing is part of an extended strategic partnership between the two institutions to support the expansion plans of leading corporate clients.
Read full article → Economy Plus(31 Aug) A coalition of Saudi and Egyptian investors plans to establish the Asl real estate investment fund in Egypt and Saudi Arabia, following the acquisition of two development and contracting firms. The fund aims to inject 1 billion SAR into the Egyptian market through Asl Holding, focusing on real estate development, hospitality, and hotels across several new cities.
Read full article → Economy Plus(31 Aug) Egyptian hotels have entered new negotiations with foreign tour operators to raise accommodation prices by 7% to 10% in upcoming winter contracts, citing increased operating costs since March 2026. Operators initially resisted the hikes due to rising fuel and electricity tariffs, prompting hotels to allocate more rooms to the flexible individual and corporate travel segments.
Read full article → Economy Plus(31 Aug) The Egyptian government has standardized fees for entry and transit visas at all border crossings, as well as all consular services provided by missions abroad, at $15 or its foreign currency equivalent. The new rates will take effect on January 1, 2027, according to Prime Ministerial Decree No. 2553 of 2026 published in the official gazette.
Read full article → Economy Plus(30 Aug) The main EGX30 index fell 0.31% to close at 54,937 points on Sunday, with total trading value reaching 12.205 billion EGP. Meanwhile, the US dollar reversed its recent decline, gaining 31 piasters to trade at 50.45 EGP for buying and 50.59 EGP for selling, according to Central Bank data.
Read full article → Economy Plus(31 Aug) President Abdel Fattah el-Sisi ratified a $1.2 million grant agreement with the European Investment Bank to fund consultancy services for wastewater treatment stations in Alexandria and Damietta. The agreement was published in the official gazette to support the operational capacity of the facilities in the two governorates.
Read full article → Economy Plus(30 Aug) Suez Canal Authority Chairman Osama Rabie stated that navigation reports show a gradual recovery in container ship transit rates. The recovery follows the return of several major shipping lines to the canal, opting to transit the waterway instead of rerouting around the Cape of Good Hope.
Read full article → Economy Plus(30 Aug) The Financial Regulatory Authority is drafting a roadmap to implement the International Sustainability Standards Board's disclosure requirements in phases, starting with simplified climate disclosures before full adoption. The FRA discussed the proposed roadmap during a workshop with the European Union and the UNDP in Egypt to align with global sustainability management standards.
Read full article → Economy Plus(31 Aug) Transport Minister Kamel El-Wazir announced that the first phase of the Ain El Sokhna-Alamein-Matrouh high-speed electric train will begin trial operations without passengers in early October. Full-line trial runs will follow once fencing, bridges, and intersections are completed, preceding the launch of commercial passenger services upon final technical and security clearance.
Read full article → Economy Plus(30 Aug) CBC Consultancy lowered its ownership stake in Catalyst Partners Middle East to 44.7% after selling 5 million shares for a total of approximately 175.4 million EGP. The company disclosed in a bourse filing on Sunday that its holding dropped from 46.35% prior to the transaction.
Read full article → Economy Plus(31 Aug) MB for Engineering announced consolidated first-half 2026 revenues of 427.4 million EGP, up 57.9% from 270.7 million EGP in the same period last year. Gross profit surged 59.9% to 91.2 million EGP, while total assets crossed the 1 billion EGP threshold for the first time, reaching 1,014.6 million EGP by the end of June.
Read full article → Economy Plus(30 Aug) The Saudi Central Bank's assets grew 1.6% year-on-year to reach $517.56 billion (1.941 trillion riyals) at the end of July, up from $509.43 billion a year earlier. The assets comprise foreign securities investments, overseas bank deposits, currency reserves, and other miscellaneous holdings, according to the central bank's monthly bulletin.
Read full article → Economy Plus(30 Aug) Saudi Deraya Financial signed a binding commitment to invest 244 million SAR ($65 million) in the HOF Capital Strategic Opportunities Fund II, which focuses on technology, AI, and advanced tech sectors. The company paid 40% of the commitment upon closing the deal on August 28, with the remaining 60% to be paid over the next 24 months.
Read full article → Economy Plus(31 Aug) Lebanese Finance Minister Youssef Khalil stated that the newly enacted banking sector reform law aligns with the consensus reached with the IMF and adheres to required international standards. The law forms part of a broader legislative track to address the banking crisis, following the passage of a banking secrecy lifting law, while the financial gap law remains under parliamentary review.
Read full article → Economy Plus(31 Aug) Venezuela's interim President Delcy Rodriguez announced a 25-year energy agreement with the United States to develop 17 strategic oil fields and boost crude production to over 1.5 million barrels per day. Rodriguez described the deal as historic, noting it will help revive the Venezuelan economy and increase state revenues as part of a broader plan to rebuild the sanctions-hit energy sector.
Read full article → Economy Plus