The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,747.71 | +0.22% |
| Dow Jones | 53,686.11 | +0.22% |
| Nasdaq | 26,584.06 | +0.16% |
| FTSE 100 | 10,831.52 | -0.43% |
| DAX | 26,003.32 | -1.38% |
| CAC 40 | 8,286.40 | -1.37% |
| Nikkei 225 | 64,934.20 | -2.08% |
| Hang Seng | 25,737.60 | +0.60% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 56,270.30 | +1.06% |
| 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 | 50.90 | +2.24% |
| EUR / USD | 1.1629 | +0.35% |
| GBP / USD | 1.3531 | -0.07% |
| USD / JPY | 156.37 | -2.35% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +1.90% · $/oz | ▲ $4,515.40 |
| WTI crude +7.36% · $/bbl | ▲ $92.07 |
| Brent crude +6.17% · $/bbl | ▲ $96.07 |
(4 Sep) The European Union has endorsed the U.S. sanctions campaign against Iran, aligning its economic posture as Washington pressures Tehran. This diplomatic alignment coincides with South Korea considering a naval deployment to the Strait of Hormuz amid rising regional tensions.
Read full article → CNBC(4 Sep) Venture capital firms are adopting a more selective approach to early-stage artificial intelligence investments, signaling a potential market correction. Investors are increasingly prioritizing proven productivity and scrutinizing excessive valuations rather than funding speculative growth.
Read full article → CNBC(3 Sep) Canada has announced retaliatory tariffs on U.S. goods in response to recent American levies, escalating bilateral trade tensions. Canadian officials stated that negotiations will only resume once the United States demonstrates readiness to engage constructively.
Read full article → CNBC(3 Sep) Major domestic automakers are lobbying Congress to enact a permanent ban on the sale, import, and manufacturing of Chinese connected vehicles. The industry argues that restricting foreign hardware and software is necessary to protect national security and domestic market share.
Read full article → CNBC(3 Sep) Markets are anticipating the release of the August nonfarm payrolls data, which will provide critical insight into the current state of the labor market. A subdued employment picture is expected to keep the Federal Reserve's focus anchored on inflation dynamics rather than immediate monetary easing.
Read full article → CNBC(3 Sep) Kuwait is confronting hostile missile and drone attacks originating from Iran, marking a significant escalation in Middle Eastern hostilities. In response to the renewed military strikes, U.S. leadership has indicated that the current phase of conflict is expected to be brief.
Read full article → CNBC(3 Sep) The United Nations has warned that a severe El Niño weather pattern poses significant risks to the global economy and financial markets through at least early next year. The phenomenon is expected to drive widespread floods, droughts, and extreme heat, threatening agricultural output and supply chains.
Read full article → CNBC(3 Sep) The Dutch central bank is repatriating its gold reserves from the United States and Canada to enhance its crisis preparedness. The institution noted that storing the bullion with the Bank of England allows for more rapid deployment and trading capabilities in the event of a severe financial emergency.
Read full article → CNBC(3 Sep) A Federal Reserve governor has signaled his support for maintaining the current monetary policy stance at the upcoming September meeting. His remarks reflect confidence in prevailing inflation trends, presenting a contrast to recent comments suggesting a more dovish shift from the central bank's leadership.
Read full article → CNBC(3 Sep) Beijing has rejected international pressure regarding its export-driven economic model, accusing the Group of 20 of fostering protectionist sentiments. The rebuke also included pushback against recent U.S. sanctions on Iran and European trade measures, highlighting widening fractures in global economic diplomacy.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(2 Sep) Presidents Abdel Fattah El-Sisi and Xi Jinping held summit talks in Cairo, signing five agreements and over 20 documents covering the Belt and Road Initiative, artificial intelligence, trade, and the digital economy. The leaders also agreed to launch the third phase of the Egypt-China TEDA zone in the Suez Canal Economic Zone, focusing on renewable energy, automotive, and textile sectors.
Read full article → Economy Plus(2 Sep) The Ministry of Transport is preparing to sign two agreements worth a total of $665 million to expand the Light Rail Transit project. The first contract covers the fourth phase for $515 million, while the second funds joint studies for the fifth phase, estimated at $150 million.
Read full article → Economy Plus(2 Sep) Egypt aims to attract $5.5 billion in new Chinese investments by the end of 2027, including $1.5 billion in the remaining months of this year and $4 billion in 2027. Additionally, the Suez Canal Economic Zone Authority signed a letter of intent with China's ZC Rubber to build a $500 million tire manufacturing complex on a 600,000 square meter plot in Sokhna.
Read full article → Economy Plus(2 Sep) Suez Canal Authority Chairman Osama Rabie met with US Ambassador to Egypt Robert Silverman to discuss enhancing cooperation in shipyard development, maritime services, and digital transformation. Rabie highlighted ongoing navigation channel improvements, noting that the recent southern sector development project increased navigational safety factors by 28%.
Read full article → Economy Plus(2 Sep) The International Monetary Fund has asked the Finance Ministry to provide a quarterly schedule of all local debt instrument maturities, classified by instrument type. This request is part of the economic reform program's data requirements to help policymakers and investors better assess refinancing needs and liquidity conditions in Egypt.
Read full article → Economy Plus(3 Sep) The Ministry of Petroleum is preparing to pay approximately $300 million to foreign companies operating in the oil and gas sector during September for their shares of locally produced crude oil and natural gas. The majority of this amount will be directed to natural gas producers in deepwater areas, with a portion allocated to fund field development operations to boost local production.
Read full article → Economy Plus(2 Sep) Prime Minister Mostafa Madbouly ordered a comprehensive survey of troubled real estate projects to identify the causes of stagnation and determine responsibility, whether due to developer negligence or external factors. Concurrently, the Financial Regulatory Authority warned contractors to carefully review all contractual clauses, particularly regarding rights transfers to mortgage finance companies, before signing purchase agreements.
Read full article → Economy Plus(3 Sep) Government wheat imports fell to about 170,000 tons between June and August 2026, down from nearly 900,000 tons in the same period last year, a drop exceeding 81%. However, total government wheat imports since the start of the year reached 4.47 million tons, more than double the 2.2 million tons recorded in the same period of 2025, as the state secured supplies early before Black Sea shipping disruptions escalated.
Read full article → Economy Plus(2 Sep) Civil Aviation Minister Sameh El-Hefny issued a decision to increase the authorized capital of EgyptAir Airlines to 10 billion EGP from 2.5 billion EGP. The issued and paid-up capital was set at 9 billion EGP, divided into 90 million shares with a par value of 100 EGP each, all fully owned by EgyptAir Holding Company.
Read full article → Economy Plus(3 Sep) Egyptian developers Palm Hills and Mountain View are competing for the Mutlaa M-3 project in Kuwait, which spans over 2 million square meters and includes 2,400 residential units. Six alliances reached the final stage of the competition, which is the first large-scale tender launched by the Kuwaiti Ministry of Housing under the real estate development system.
Read full article → Economy Plus(3 Sep) Avanz Capital Egypt is studying the establishment of a new investment entity with a capital ranging between 2 billion and 3 billion EGP, focused on supporting exporting companies. The entity is expected to launch in the first or second quarter of 2027, pending initial and final approvals from the Financial Regulatory Authority.
Read full article → Economy Plus(2 Sep) The EGX30 index closed up 0.45% at 55,679 points with trading value reaching 15.1 billion EGP, while the US dollar rose by 18 piastres on Wednesday to trade at 51.04 EGP for buying and 51.18 EGP for selling. Foreign and Arab investors recorded net sales of 270.8 million EGP in the secondary debt market on the Egyptian Exchange during the day's transactions.
Read full article → Economy Plus(2 Sep) Head of the Industrial Development Authority Nahed Youssef met with an Omani delegation led by Qais bin Mohammed Al-Yousuf to discuss a proposal for establishing joint special industrial zones. The meeting aimed to enhance industrial integration between the two countries and exchange expertise in creating, managing, and developing industrial zones, particularly the industrial developer system.
Read full article → Economy Plus(2 Sep) Telecom Egypt signed an agreement with Greece's PSL to build the Sharm El-Sheikh-Taba submarine cable, spanning about 200 kilometers with a design capacity of up to 5 petabits. The cable is expected to enter service in the fourth quarter of 2027, providing additional data transmission routes and connectivity options for international submarine cable operators.
Read full article → Economy Plus(3 Sep) The Alexandria Port Authority is preparing to hand over the container terminal project at Berth 100 in Dekheila Port to a global alliance led by China's Hutchison Group. The consortium also includes Switzerland's MSC, France's CMA CGM, and China's COSCO.
Read full article → Economy Plus(3 Sep) 3C Coding School, which teaches programming and AI to children, closed a $3 million funding round in the form of direct investment for a stake in the company. The round was led by businessman Mahmoud Ramadan alongside Amr Saad and a group of angel investors, with proceeds earmarked for expansion in the Saudi market and AI platform development.
Read full article → Economy Plus(3 Sep) Prime Minister Mostafa Madbouly issued a decision to renew the appointment of Mohamed El-Sayad as Vice Chairman of the Financial Regulatory Authority's board of directors for one year starting 1 September 2026. He also appointed Tarek Seif to the same position for one year, citing his extensive experience in insurance, sustainable finance, and institutional development.
Read full article → Economy Plus(3 Sep) Microsoft expects its cloud data center region in Saudi Arabia to contribute about $44 billion in added economic value to the kingdom between 2027 and 2030. A study conducted with IDC indicates the center will also create around 100,000 jobs during the same period, with 30% being specialized technical roles.
Read full article → Economy Plus(Aug) Saudi Arabia's crude oil exports dropped to about 3 million barrels per day in August, the lowest level in records dating back to early 2017. The decline comes as oil tankers face attacks amid escalating tensions in the Middle East, increasing risks to crude shipments and pressuring global market supplies.
Read full article → Economy Plus(Aug) Iraq's oil exports increased to about 2.34 million barrels per day in August, up from roughly 1.35 million barrels per day in July. The recovery follows severe disruptions to the operations of OPEC's second-largest producer caused by the near-total closure of the Strait of Hormuz since the outbreak of the Iranian war in February.
Read full article → Economy Plus(3 Sep) The upcoming OPEC+ alliance meeting on Sunday is expected to likely maintain the current oil production policy for October without changes. The alliance is completing the rollback of a portion of its production cuts this month while shifting its focus to production quota negotiations for next year.
Read full article → Economy Plus