The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,686.14 | +0.43% |
| Dow Jones | 53,185.90 | -0.43% |
| Nasdaq | 26,370.89 | +1.50% |
| FTSE 100 | 10,824.26 | +0.07% |
| DAX | 26,258.11 | +0.58% |
| CAC 40 | 8,334.50 | -1.24% |
| Nikkei 225 | 66,222.62 | -0.06% |
| Hang Seng | 25,310.88 | -0.78% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 54,866.00 | -0.13% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.50–3.75% |
| SOFR (overnight) | 3.65% |
| 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 | 50.87 | +1.05% |
| EUR / USD | 1.1606 | -0.59% |
| GBP / USD | 1.3539 | -0.79% |
| USD / JPY | 159.84 | +0.39% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -2.83% · $/oz | ▼ $4,479.10 |
| WTI crude +3.89% · $/bbl | ▲ $86.78 |
| Brent crude -0.89% · $/bbl | ▼ $88.90 |
(1 Sep) A tanker was struck in the Strait of Hormuz following Iranian attacks on American bases in Jordan, prompting concerns over further regional escalation. The incident comes as the U.S. conducts strikes on Iranian targets, heightening tensions in a critical global shipping route.
Read full article → CNBC(1 Sep) U.S. Treasury Secretary Bessent informed Moscow that economic sanctions will remain in place until the war in Ukraine concludes. The stance highlights a transatlantic divide, as European officials at the G20 signaled their intent to continue isolating Russia diplomatically and economically.
Read full article → CNBC(1 Sep) Venezuelan interim authorities have awarded long-term concessions for multiple oil fields to North American Blue Energy Partners. The White House confirmed the agreement, marking a significant shift in the country's energy sector and expanding U.S.-backed corporate access to Venezuelan crude reserves.
Read full article → CNBC(31 Aug) McKinsey & Company has issued a contrarian assessment of the Chinese market, suggesting the era of outsized advantages for Western corporations in the country has concluded. The consultancy notes that shifting economic conditions and increased local competition are fundamentally altering the operating environment for U.S. and European firms.
Read full article → CNBC(31 Aug) Federal Reserve Chair Kevin Warsh adopted a notably hawkish tone at the Jackson Hole symposium, increasing market expectations for a tighter monetary policy stance at the upcoming September meeting. Analysts warn this posture could create friction with the Treasury Department as borrowing costs and economic growth objectives diverge.
Read full article → CNBC(31 Aug) The Federal Trade Commission has filed a lawsuit against Amazon, alleging the technology company deceived advertisers through its auctioning system. The regulatory action targets the e-commerce giant's ad sales practices, potentially exposing it to significant legal and operational scrutiny.
Read full article → CNBC(31 Aug) Chinese President Xi Jinping is undertaking a series of state visits, including a trip to India, ahead of a scheduled summit with U.S. President Donald Trump. The diplomatic tour underscores Beijing's efforts to consolidate its geopolitical influence and strengthen ties with emerging economies before high-stakes negotiations with Washington.
Read full article → CNBC(31 Aug) India's economy recorded robust expansion in the first quarter of the fiscal year, outperforming market expectations. The growth was primarily driven by strong performances across the financial, real estate, information technology, and professional services sectors.
Read full article → CNBC(31 Aug) The Trump administration has secured new pricing agreements with several mid-sized pharmaceutical companies. These deals advance the White House's broader strategy to link domestic drug prices to lower international benchmarks, aiming to reduce healthcare costs for consumers.
Read full article → CNBC(31 Aug) France is facing intensifying sovereign debt pressures as political gridlock and a growing fiscal burden push government borrowing costs to elevated levels. The deteriorating metrics highlight the country's vulnerability and its emergence as a primary concern within the European sovereign bond market.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(1 Sep) Chinese President Xi Jinping arrived in Cairo on Tuesday for his first visit to Egypt in about ten years, coinciding with the 70th anniversary of diplomatic relations between the two countries. The visit, scheduled from August 31 to September 3, aims to bolster economic partnership and trade ties amid accelerating Chinese investments in Egypt.
Read full article → Economy Plus(1 Sep) Bilateral trade between Egypt and China grew 21.5% year-on-year to $11.3 billion in the first half of 2026, driven by a 14.3% surge in Egyptian imports to $10.4 billion and a 199.8% jump in exports to $840.8 million. Net foreign direct investment inflows from China to Egypt reached $105.4 million in the first half of the 2025/2026 fiscal year.
Read full article → Economy Plus(1 Sep) The Petroleum Ministry will evaluate 85 wells across the Mediterranean, Gulf of Suez, and Eastern and Western deserts during the 2026-2027 fiscal year to boost hydrocarbon production. About 70% of the targeted wells are related to natural gas, with the ministry aiming to achieve actual discoveries in 60% of the evaluated sites.
Read full article → Economy Plus(1 Sep) Shipping costs for grains from Russian ports to Egypt surged about 140% in August due to Black Sea navigation disruptions, prompting importers to shift to costlier alternatives in South America. The higher freight rates have increased local prices for Argentine and Brazilian corn by 9.5% and refined corn oil by 13.3% this month.
Read full article → Economy Plus(1 Sep) Civil Aviation Minister Sameh Hefny stated that the construction of the new Terminal 4 at Cairo International Airport will cost between $4 billion and $4.5 billion to raise capacity to 40 million passengers. The project will be funded through multiple financial institutions and is expected to take four years to complete, with partial openings possible after two and a half to three years.
Read full article → Economy Plus(1 Sep) The Egyptian Tourism Development Authority aims to increase hotel capacity in its projects to 170,000 rooms over the next two years, up from the current 110,000 rooms. Executive Director Mostafa Abdel Wahab said the authority plans to add about 60,000 new rooms to meet growing demand.
Read full article → Economy Plus(1 Sep) Mina Pharm for Pharmaceuticals and Chemical Industries announced it received up to $16.5 million from the Coalition for Epidemic Preparedness Innovations (CEPI). The funding will support the development of a candidate vaccine against the Bundibugyo Ebola virus, advancing it from preclinical studies to early clinical trials.
Read full article → Economy Plus(1 Sep) The Public Prosecutor ordered the freezing of assets for several suspects, including their wives and minor children, linked to the Global Paradigm school in New Cairo. The decision follows investigations by the Supreme Public Prosecution for Funds that found evidence of facilitation of unauthorized seizure of company funds by the school's owner.
Read full article → Economy Plus(1 Sep) The government is studying the rental of a second floating storage unit with a capacity of 150,000 cubic meters next to the Ain Sukhna port to secure emergency gas supplies. The unit will cost about $2.25 million per month and will help hedge against potential delays in imported shipments or supply cuts from Israel amid regional tensions.
Read full article → Economy Plus(1 Sep) China has expanded its preferential customs treatment to include Egypt and 19 other African countries, granting zero-tariff access to eligible Egyptian products. The first shipment of 516 tons of Egyptian oranges recently entered Shanghai port, benefiting from a customs exemption of about 320,000 yuan, or nearly $47,500.
Read full article → Economy Plus(31 Aug) Prime Minister Mostafa Madbouly chaired a meeting to review the final arrangements for Chinese President Xi Jinping's visit to Egypt. The meeting discussed the role of the special unit for China in deepening cooperation and explored proposed projects for future collaboration across various economic sectors.
Read full article → Economy Plus(31 Aug) The Saudi technology market is anticipating billions of dollars in investments to be announced during the LEAP 2026 conference, which kicked off in Riyadh. The kingdom aims to strengthen its position as a global hub for artificial intelligence and provide robust infrastructure for energy, computing, and connectivity by 2030.
Read full article → Economy Plus(31 Aug) The EGX30 index closed down 0.13% at 54,866 points on Monday, amid turnover of 18.237 billion pounds. Meanwhile, Arab and foreign investors recorded net purchases of $422 million in the secondary government debt market, with foreigners buying 33.3 billion pounds worth of treasury bills in August.
Read full article → Economy Plus(1 Sep) Corandon Group is planning to operate weekly flights from Warsaw to El Alamein International Airport in summer 2027 to boost tourism to the North Coast. The company, which transports about 1.2 million passengers annually to Egyptian resorts, is working with the Civil Aviation Ministry on a feasibility study for the route.
Read full article → Economy Plus(31 Aug) Jamil Finance - Egypt issued 318 million pounds in securitization bonds, marking the third issuance under its three-year, 4 billion-pound program. The company previously issued 500 million pounds in May 2025 and 470 million pounds in February 2026 under the same program.
Read full article → Economy Plus(1 Sep) Arab African International Bank - Holdings opened subscription for its new Bullion investment and savings fund, which focuses on precious metals. The fund, which offers cumulative returns, aims to meet the growing demand for investment products linked to gold and silver.
Read full article → Economy Plus(1 Sep) Orascom Investment Holding stated it has not been contracted for the hot air balloon project in the Giza Plateau visitation area, despite holding exclusive rights to commercial activities there. Managing Director Marwan Hussein clarified that any such activities within the area must be contracted through the company according to its agreement with the Supreme Council of Antiquities.
Read full article → Economy Plus(31 Aug) Hashem El Sayed, Assistant to the Prime Minister and head of the State-Owned Companies Unit, sold about 3 million shares in Oden Investments, reducing his stake to 77.91%. The transaction was valued at approximately 9.792 million pounds at an average price of 3.264 pounds per share.
Read full article → Economy Plus(30 Aug) President Abdel Fattah El-Sisi issued a republican decree renewing the appointment of Amr Adel Ali Hosni Ibrahim as head of the Administrative Control Authority for one year, starting August 30, 2026. El-Sisi has been heading the authority since August 2022.
Read full article → Economy Plus(31 Aug) Prime Minister Mostafa Madbouly issued a decision appointing Counselor Mohamed Adel as the official spokesperson for the Cabinet, succeeding Counselor Mohamed El-Homsani. El-Homsani will take on the role of Assistant to the Foreign Minister for Parliamentary Affairs.
Read full article → Economy Plus(1 Sep) Saudi Arabia is holding preliminary discussions to borrow at least $8 billion to diversify its funding sources amid the economic fallout from the war with Iran. The National Debt Management Center and Saudi Aramco have engaged several banks for the potential deals, which remain in early stages and may not materialize.
Read full article → Economy Plus(1 Sep) Qatar's real gross domestic product shrank 7% year-on-year in the first quarter of 2026, dragged down by a 25.8% decline in mining and quarrying activities. The contraction was pressured by restrictions on oil and gas exports following the outbreak of the war with Iran in late February.
Read full article → Economy Plus(31 Aug) The Syrian Sovereign Fund signed an agreement with UAE-based Arada to develop a $7 billion project in the New Damascus area. The project spans 4 million square meters and will include 11,000 residential units and a 700,000-square-meter public park.
Read full article → Economy Plus(31 Aug) Oil prices jumped about 5% on Monday, with Brent crude futures rising 5.2% to $90.6 a barrel and US West Texas Intermediate gaining 2.6% to $85.6 a barrel. The surge followed escalating tensions between the United States and Iran after a US attack on Iran's Kharg Island in the Strait of Hormuz.
Read full article → Economy Plus