The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,631.47 | -0.60% |
| Dow Jones | 52,766.88 | -1.51% |
| Nasdaq | 26,099.77 | -0.20% |
| FTSE 100 | 10,789.28 | -0.60% |
| DAX | 25,970.11 | -1.13% |
| CAC 40 | 8,301.85 | -1.90% |
| Nikkei 225 | 64,268.64 | -2.82% |
| Hang Seng | 25,087.22 | -2.21% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 55,431.30 | +1.03% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.50–3.75% |
| SOFR (overnight) | 3.68% |
| 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 | +1.29% |
| EUR / USD | 1.1579 | -0.65% |
| GBP / USD | 1.3499 | -0.72% |
| USD / JPY | 160.19 | +0.59% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -2.87% · $/oz | ▼ $4,349.50 |
| WTI crude +8.74% · $/bbl | ▲ $90.69 |
| Brent crude +6.86% · $/bbl | ▲ $95.44 |
(2 Sep) U.S. forces completed another wave of strikes against Iran, hitting multiple Islamic Revolutionary Guard Corps sites across the country. President Trump stated that Washington is not forcing Tehran to negotiate following the latest military actions.
Read full article → CNBC(2 Sep) Australia recorded economic expansion in the second quarter, surpassing market forecasts. The stronger-than-expected gross domestic product print provides the Reserve Bank of Australia with room to proceed with policy tightening to curb inflation.
Read full article → CNBC(1 Sep) China broke with other G20 nations by dissenting from a statement opposing the flooding of markets with cheap exports. Treasury Secretary Bessent made the remark while leading the administration's efforts to isolate Iran's economy through secondary sanctions.
Read full article → CNBC(1 Sep) Bond yields surged across major markets as hostilities between the U.S. and Iran revived energy and inflation risks. Yields in Japan and the United Kingdom reached multi-decade highs amid the geopolitical turmoil.
Read full article → CNBC(1 Sep) Palo Alto Networks exceeded quarterly earnings estimates, driven by strong demand for its security detection and response tools fueled by artificial intelligence. The cybersecurity firm also continued its aggressive acquisition strategy as its stock has nearly doubled this year.
Read full article → CNBC(1 Sep) Federal Reserve Governor Barr indicated he would support raising borrowing costs if price pressures do not moderate. He expressed concern about broader inflation taking hold after remaining above the central bank's target.
Read full article → CNBC(1 Sep) Euro zone inflation has accelerated again, driven by rising energy costs linked to the conflict in Iran. The European Central Bank is now widely expected to raise interest rates in September in response to the renewed price pressures.
Read full article → CNBC(1 Sep) Japanese borrowing costs reached a multi-decade high as the yen weakened significantly against the dollar. Treasury Secretary Bessent noted that Tokyo may intervene in currency markets to support the currency amid the pressure.
Read full article → CNBC(1 Sep) Treasury Secretary Bessent informed Moscow that it will not receive economic relief or sanctions removal until it ends the war in Ukraine. The meeting highlighted Washington's willingness to engage diplomatically while Europe continues to isolate the nation.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(1 Sep) Electricity Minister Mahmoud Esmat met with Heka Data and a US alliance to discuss providing electricity for a global data center project in Egypt. The meeting explored mechanisms to ensure a safe and sustainable power supply, including the use of renewable energy sources, to support the country's digital and cloud computing sectors.
Read full article → Economy Plus(1 Sep) US Treasury Secretary Scott Bessent stated that actions against a Bank Misr branch in the UAE over $1.8 billion in transfers were not intended to sanction the parent bank. The Central Bank of Egypt confirmed the measures are restricted to the UAE branch's US dollar correspondent transactions and do not affect other banks in the Egyptian banking sector.
Read full article → Economy Plus(2 Sep) Saudi Arabia issued international dollar-denominated sukuk across two tranches, attracting $9 billion as the kingdom diversifies its funding sources. The issuance coincides with initial talks with global banks to secure a new loan of at least $8 billion amid regional economic impacts.
Read full article → Economy Plus(2 Sep) Egypt plans to boost its merchandise trade exchange with China by approximately 18% in 2026 to reach nearly $23 billion, up from $19.5 billion in 2025. The government also expects exports to the Chinese market to surge by 90% this year to exceed $1 billion, compared to $526.6 million last year.
Read full article → Economy Plus(2 Sep) Chinese engineering solutions provider Famson signed a strategic partnership with Cairo 3A Group to invest $100 million in an integrated agricultural equipment manufacturing plant in Egypt. The new investment will bring the company's total existing and planned investments in the Egyptian market to over $175 million.
Read full article → Economy Plus(2 Sep) Chinese financial technology company OPay has formally applied to the Central Bank of Egypt for a license to establish a digital bank. The application includes the company's shareholder structure, marketing and technology plans, and details of its global experience, with investors including Ant Group and IDG Capital.
Read full article → Economy Plus(2 Sep) The Financial Regulatory Authority issued new amendments to the Egyptian Exchange's listing and delisting rules to curb insider trading and manage conflicts of interest. The decision bans insiders and major shareholders owning 20% or more of a company's capital from trading its securities during the five working days before and the working day after the release of financial results.
Read full article → Economy Plus(2 Sep) Belton Securities is planning to issue short-term bonds with a total value of up to 750 million Egyptian pounds. The issuance will be conducted through a private placement targeting institutional investors and qualified individuals to diversify funding tools and enhance liquidity sources.
Read full article → Economy Plus(2 Sep) Financial technology firm Value has entered a strategic partnership with AXA Egypt to provide comprehensive credit life insurance documents starting in August 2026. The collaboration covers Value's portfolio of over 500,000 customers and outstanding balances exceeding 13 billion Egyptian pounds, complying with recent financial regulatory requirements.
Read full article → Economy Plus(2 Sep) Capsey Paints is studying the feasibility of building a new factory in the United States, one of its key export markets. The company aims to increase its exports to approximately $100 million this year, representing a 10% growth from last year's exports of between $90 million and $92 million.
Read full article → Economy Plus(2 Sep) Petroleum Minister Karim Badawi expects the LNG vessel Energos Winter to resume operations at Damietta port in the fourth quarter of 2026 following necessary repairs. The vessel, which has a capacity of about 450 million cubic feet of gas per day, was damaged in a drone attack on the port last July.
Read full article → Economy Plus(1 Sep) The Tourism Development Authority plans to build 14 tourist centers along the Red Sea coast as part of a comprehensive vision to expand smart applications and digital transformation in the sector. The initiative was reviewed during a meeting chaired by Prime Minister Mostafa Madbouly to follow up on the authority's work files.
Read full article → Economy Plus(1 Sep) The main EGX30 index closed up 1.03% at 55,431 points, supported by a 1.98% rise in Commercial International Bank shares, while the EGX70 and EGX100 indices gained 2.03% and 1.73%, respectively. Total trading value reached approximately 16.1 billion Egyptian pounds, with Thunder Securities maintaining the top brokerage position with a 15.9% market share.
Read full article → Economy Plus(1 Sep) The US dollar exchange rate remained stable at 50.86 Egyptian pounds for buying and 51.00 Egyptian pounds for selling. Meanwhile, the Central Bank of Egypt absorbed 136.86 billion Egyptian pounds in open market deposits at a fixed return rate of 19.5% to manage banking sector liquidity.
Read full article → Economy Plus(1 Sep) Prime Minister Mostafa Madbouly directed efforts to expedite the creation of a special free zone for Fujairah El Alamein for Oil and Gas in New El Alamein city. The zone will be dedicated to storing and trading petroleum products and crude oil, aiming to accelerate operational phases and reflect the strategic relations between Egypt and the UAE.
Read full article → Economy Plus(2 Sep) Egypt's ready-made garment exports increased by 14% year-on-year during the first seven months of 2026 to reach approximately $2.14 billion, up from $1.869 billion in the same period last year. Exports in July alone amounted to about $380 million, according to the Ready-Made Garments Export Council.
Read full article → Economy Plus(30 Aug) Nasser Garments and Textiles company Cabo disclosed that Arab Funds for Cotton executed a sale of about 5.1 million shares for a total value of roughly 47.5 million Egyptian pounds. The transaction was carried out at an average price of 9.30 Egyptian pounds per share on August 30, 2026.
Read full article → Economy Plus(2 Sep) Egypt and India are looking to enhance direct air connectivity by increasing current flights and linking Cairo to more Indian cities, with Air Cairo preparing to operate routes to India. The two countries currently operate about nine direct flights per week, aiming to attract more of the 30 million Indian tourists who travel globally each year.
Read full article → Economy Plus(1 Sep) Nesma Airlines operated its first direct flight from Moscow to El Alamein International Airport, coinciding with the arrival of the first Russian tourist groups to the city. The move aims to boost inbound tourism to the North Coast.
Read full article → Economy Plus(2 Sep) SwedTech Academy, affiliated with Elsewedy Electric, signed a strategic cooperation agreement with MAC for Mobility Manufacturing, part of Mansour Group. The partnership aims to qualify youth and develop their competencies in electrical and mechanical fields through specialized practical training aligned with labor market needs.
Read full article → Economy Plus(2 Sep) World Trade Center Cairo will host the World Trade Centers Association conference for the Middle East and Africa in 2026 from September 7 to 9. The event will connect the global business community with local companies, exporters, and investors, leveraging a network of over 300 trade center locations across 100 countries.
Read full article → Economy Plus(2 Sep) The Kuwaiti government issued a decree allowing it to borrow from its sovereign wealth fund, which holds over $1 trillion in assets, to support public finances. The amendment modifies a 1976 law concerning the Future Generations Reserve Fund, managed by the Kuwait Investment Authority, amid regional economic fallout.
Read full article → Economy Plus(1 Sep) Kingdom Holding Company announced the completion of its acquisition of a 70% stake in Al Hilal Club Company from the Public Investment Fund on September 1. The company paid the full transaction value of $224 million, or 840 million Saudi riyals, based on a total equity valuation of $320 million for the club.
Read full article → Economy Plus(2 Sep) Morocco's phosphate revenues fell in the second quarter as the regional conflict disrupted supplies of essential materials for fertilizer processing, largely sourced from Gulf countries via the Strait of Hormuz. State-owned OCP Group reported Q2 revenues of 28.2 billion dirhams, or $3 billion, marking a nearly 7% decline.
Read full article → Economy Plus(2 Sep) Central Bank of Iran Governor Abdolnaser Hemmati stated that the country holds sufficient foreign currency reserves despite US sanctions. He added that the central bank is prepared to inject up to $2 billion into the foreign exchange market to calm recent volatility.
Read full article → Economy Plus