The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,718.60 | +0.09% |
| Dow Jones | 53,414.25 | -0.27% |
| Nasdaq | 26,506.99 | +0.40% |
| FTSE 100 | 10,831.09 | +0.36% |
| DAX | 26,046.40 | -1.97% |
| CAC 40 | 8,278.77 | -0.67% |
| Nikkei 225 | 65,020.94 | -1.95% |
| Hang Seng | 25,650.87 | +0.26% |
| 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) | 3.66% |
| 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 | 1.1621 | +0.28% |
| GBP / USD | 1.3517 | -0.17% |
| USD / JPY | 156.22 | -2.44% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +1.04% · $/oz | ▲ $4,477.20 |
| WTI crude +6.67% · $/bbl | ▲ $91.48 |
| Brent crude +6.40% · $/bbl | ▲ $96.28 |
(4 Sep) U.S. employment growth significantly exceeded consensus expectations in August, while the unemployment rate remained unchanged. The stronger-than-anticipated labor market data provides a fresh update on the health of the domestic economy.
Read full article → CNBC(4 Sep) The U.S. president has escalated pressure on the central bank to lower borrowing costs, threatening severe trade restrictions if demands are not met. This rhetoric introduces fresh uncertainty regarding international commerce and monetary policy independence.
Read full article → CNBC(4 Sep) The European Union has formally aligned with American sanctions targeting Iran, while South Korea considers a military role to secure a critical maritime chokepoint. These developments signal a broadening international coalition and elevated risks for global energy transit routes.
Read full article → CNBC(4 Sep) Prominent economist Mohamed El-Erian warns that the recent rout in government debt markets may persist as structural inflation risks remain unpriced. He also criticized recent U.S. Treasury market interventions, suggesting they overstepped appropriate boundaries.
Read full article → CNBC(4 Sep) Norway’s massive sovereign wealth vehicle intends to reduce its exposure to American government debt in favor of alternative assets offering higher potential returns. This strategic reallocation highlights shifting preferences among the world's largest institutional investors regarding sovereign risk.
Read full article → CNBC(4 Sep) Volkswagen has announced sweeping workforce reductions as part of a broader corporate transformation strategy to navigate shifting industry dynamics. The move prompted a positive market reaction, with analysts anticipating a stabilizing effect across the wider German automotive sector.
Read full article → CNBC(4 Sep) Nvidia is acquiring the artificial intelligence platform Hugging Face in a strategic maneuver designed to fortify its open ecosystem and deepen developer relationships. The transaction aims to secure the platform against rival tech firms seeking to capitalize on the generative artificial intelligence boom.
Read full article → CNBC(4 Sep) Diesel prices have reached unprecedented levels following refinery disruptions linked to ongoing conflicts in Ukraine and Iran, prompting export bans from key producers. The supply shocks are reigniting concerns over persistent inflation and increasing input costs for the global transportation sector.
Read full article → CNBC(4 Sep) Lululemon reported a significant decline in its share price after delivering weaker-than-expected quarterly results and a subdued forward guidance. The apparel retailer continues to face challenges in reversing a broader slowdown in consumer demand for its core products.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(2 Sep) Egyptian President Abdel Fattah al-Sisi and Chinese President Xi Jinping held a summit in Cairo on Wednesday, signing five agreements and over 20 documents to boost cooperation in areas including the Belt and Road Initiative, artificial intelligence, and trade. The leaders also agreed to launch the third phase of expansions for the Egypt-China industrial zone in the Suez Canal Economic Zone.
Read full article → Economy Plus(3 Sep) The Egyptian Ministry of Transport is preparing to sign two agreements worth a total of $665 million with China to expand and complete the Light Rail Transit project. The first agreement covers the fourth phase of the project for $515 million, while the second funds joint studies for the fifth phase at an estimated cost of $150 million.
Read full article → Economy Plus(3 Sep) Egypt aims to attract $5.5 billion in new Chinese investments by the end of 2027, comprising $1.5 billion in the remaining four months of this year and $4 billion throughout 2027. The target was announced as Egypt prepares to host a 50-company Chinese delegation in October to explore investment opportunities in technology, water desalination, and renewable energy.
Read full article → Economy Plus(2 Sep) The Suez Canal Economic Zone Authority and China's ZC Rubber signed a letter of intent to explore the construction of an integrated tire manufacturing complex in the Sokhna industrial zone. The proposed project is expected to require an estimated investment of $500 million across an initial area of 600,000 square meters.
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 emphasized the state's ongoing efforts to improve the canal's navigational channel, noting that recent southern sector developments increased the navigational safety factor by 28%.
Read full article → Economy Plus(3 Sep) The International Monetary Fund has requested the Egyptian Finance Ministry to provide a quarterly roadmap for the maturity of all local debt instruments, classified by instrument type, as part of the economic reform program's data requirements. The request aims to provide a clearer picture of upcoming domestic debt maturities, including treasury bills and bonds, to help policymakers and investors better assess refinancing needs and liquidity conditions.
Read full article → Economy Plus(3 Sep) The Egyptian Ministry of Petroleum and Mineral Resources 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 move is part of a new mechanism aimed at ensuring regular payments, preventing the re-accumulation of dues, and boosting investor confidence in the sector.
Read full article → Economy Plus(2 Sep) Prime Minister Mostafa Madbouly directed an inventory of the problems facing several stalled real estate projects to determine the causes and responsibilities, whether due to developer negligence or external factors. The directive includes establishing mechanisms to handle these issues in a way that preserves the rights of buyers, following presidential instructions to regulate the real estate market.
Read full article → Economy Plus(2 Sep) The Financial Regulatory Authority announced it has monitored several incidents reflecting a lack of attention by contractors with real estate development companies to certain contractual clauses, particularly regarding the assignment of rights to mortgage finance companies. The authority urged those dealing with real estate developers to review all contractual terms before signing, especially when paying in installments over agreed periods.
Read full article → Economy Plus(3 Sep) Egyptian 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 of over 81% due to shipping disruptions in the Black Sea. However, total government wheat imports since the start of the year through August reached 4.47 million tons, more than doubling from 2.2 million tons in the same period last year.
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 decision, published in the official gazette, also sets the issued and paid-up capital at 9 billion EGP, divided into 90 million shares with a nominal value of 100 EGP each, all fully owned by EgyptAir Holding Company.
Read full article → Economy Plus(3 Sep) Palm Hills and Mountain View are competing for a real estate project in Kuwait exceeding 2 million square meters, the first large-scale tender launched by the Kuwaiti Ministry of Housing under the real estate development system. The project, named MUTLA M-3 City, includes 2,400 residential units, with six alliances reaching the final stage of the competition.
Read full article → Economy Plus(3 Sep) Afanz Capital Egypt is studying the establishment of a new investment entity with a capital ranging between 2 billion and 3 billion EGP focused on exporting companies. The entity is expected to be launched in the first or second quarter of 2027, pending the necessary legal frameworks and approvals from the Financial Regulatory Authority.
Read full article → Economy Plus(2 Sep) The main EGX30 index closed up 0.45% at 55,679 points amid mixed sector performance, while the broader EGX100 index rose 0.03% and the small-cap EGX70 index fell 0.44%. Total trading value on the exchange reached 15.1 billion EGP during the session.
Read full article → Economy Plus(2 Sep) The US dollar continued to rise by 18 piasters against the Egyptian pound on Wednesday, gaining 90 piasters over the week to reach 51.04 EGP for buying and 51.18 EGP for selling, according to Central Bank of Egypt data. This came as foreign and Arab investors recorded net sales of 270.8 million EGP in the secondary market for government debt on the Egyptian Exchange.
Read full article → Economy Plus(3 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 and managing industrial zones.
Read full article → Economy Plus(2 Sep) Telecom Egypt signed an agreement with Greek company 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 become operational 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 consortium led by China's Hutchison Ports, alongside Switzerland's MSC, France's CMA CGM, and China's COSCO. The handover is expected to take place in the coming days.
Read full article → Economy Plus(3 Sep) 3C Coding School, which specializes in teaching programming, technology, and artificial intelligence to children and youth, has closed a $3 million investment round in the form of direct equity investment. The round was led by businessman Mahmoud Ramadan and will be used to expand into the Saudi market and accelerate the development of an AI-supported educational platform.
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 for one year starting September 1, 2026. The Prime Minister also appointed Tarek Saif as vice chairman for one year, bringing 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, according to a study conducted with IDC. The study also indicates that the cloud center will create approximately 100,000 jobs during the same period, 30% of which will be technical and specialized roles.
Read full article → Economy Plus(3 Sep) Saudi Arabia's crude oil exports fell to their lowest level in at least nine years in August, reaching about 3 million barrels per day amid rising Middle East tensions and attacks on oil tankers. The data, collected by Bloomberg from Vortexa and Kpler, marks the lowest level in records dating back to early 2017.
Read full article → Economy Plus(3 Sep) Iraq's oil exports rose to about 2.34 million barrels per day in August, up from 1.35 million bpd in July, according to energy sector officials. 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+ meeting on Sunday is likely to maintain the current oil production policy for October as the alliance completes the rollback of a portion of its production cuts this month. The group is now shifting its focus to production quota negotiations for next year, with no immediate comment from OPEC, Russia, or Saudi Arabia.
Read full article → Economy Plus