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 | 66,277.43 | +0.09% |
| Hang Seng | 25,402.73 | -0.64% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 56,676.20 | +1.79% |
| 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 | 50.82 | +0.05% |
| EUR / USD | 1.1613 | -0.04% |
| GBP / USD | 1.3510 | -0.30% |
| USD / JPY | 156.17 | -2.24% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +2.96% · $/oz | ▲ $4,476.60 |
| WTI crude +1.40% · $/bbl | ▲ $91.48 |
| Brent crude +1.72% · $/bbl | ▲ $96.28 |
(7 Sep) An eruption at Mount Anak Krakatau has caused significant flight cancellations across Indonesia, with disruptions extending into the new week. The closure of the region's second-busiest airport is impacting regional travel and logistics networks.
Read full article → CNBC(7 Sep) U.S. Treasury yields are approaching a critical threshold that analysts warn could create meaningful problems for broader asset classes if breached. A sustained move higher is being driven by mounting fiscal risks and shifting market expectations.
Read full article → CNBC(7 Sep) Recent comments from the U.S. Energy Secretary suggest that earlier promises regarding the conflict in Iran are becoming increasingly difficult to reconcile with current realities. The ongoing war continues to complicate energy market dynamics and diplomatic efforts.
Read full article → CNBC(7 Sep) Plans to deploy data centers in orbit face significant technical and logistical hurdles despite an ambitious timeline from industry leaders. Executives must navigate complex challenges related to power, cooling, and maintenance in a space environment.
Read full article → CNBC(6 Sep) The U.S. Energy Secretary indicated that a nuclear agreement with Iran may no longer be achievable, casting doubt on diplomatic resolutions. Tehran has warned of heavier retaliation against American attacks while acknowledging the severe economic toll of the ongoing conflict.
Read full article → CNBC(6 Sep) Major technology firms including Anthropic, OpenAI, Meta, and Google have released multiple model updates, while Nvidia announced the acquisition of the open-source platform Hugging Face. This rapid deployment is leading to model fatigue as the industry struggles to differentiate between incremental improvements.
Read full article → CNBC(6 Sep) The Securities and Exchange Commission has filed a lawsuit against Institutional Shareholder Services to enforce a subpoena. The legal action reflects a broader push by the current administration to increase regulatory scrutiny over influential proxy advisory firms.
Read full article → CNBC(6 Sep) The sugar market has surged recently, driven by a sharp deterioration in the global supply outlook that has allowed the commodity to outperform equities this year. Market participants are closely monitoring production deficits to determine the trajectory of the sector in the coming months.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(7 Sep) The state-owned General Petroleum Company recorded 12 new petroleum discoveries in the 2025-2026 fiscal year, marking its highest annual discovery rate. The company produced an average of 77,000 barrels of oil equivalent per day and invested 8 billion pounds, while preparing to drill its first horizontal well in the Western Desert.
Read full article → Economy Plus(3 Sep) The board of Energy Arabia approved the construction of a new petroleum products storage facility in Greater Cairo through its subsidiary Energy Petroleum. The project requires an estimated investment of 1.4 billion pounds.
Read full article → Economy Plus(7 Sep) The Petroleum Ministry has contracted with international companies to import about 230 liquefied natural gas cargoes in the current fiscal year, up from 186 cargoes previously. The expected import bill is $11.5 billion, compared with $6.8 billion in the prior year, as average cargo costs rose to $50 million due to higher global gas prices.
Read full article → Economy Plus(7 Sep) Egypt's oil and gas production declined 1.7% year-on-year to 4.63 million tonnes in June 2026, while consumption rose 8.4% to 7 million tonnes. Natural gas production reached 2.365 million tonnes against consumption of 4.2 million tonnes, and crude oil and condensates output was 2.27 million tonnes.
Read full article → Economy Plus(7 Sep) Project contract awards in the Gulf region rose 23% year-on-year to $139 billion in the first half of the year, driven by accelerating capital spending in Saudi Arabia and the UAE. The recovery follows a temporary pause in the market caused by escalating tensions between Iran and the United States.
Read full article → Economy Plus(7 Sep) Independent financial advisor Baker Tilly has revalued Bank Cairo's shares at 80 billion to 80.5 billion pounds, up from a previous estimate of around 78 billion pounds. The government plans to offer 30% to 40% of the bank's shares in an initial public offering to raise more than 30 billion pounds.
Read full article → Economy Plus(7 Sep) The Electricity Ministry plans to build new combined-cycle gas power plants with a total capacity of 5 gigawatts at an initial estimated cost of $5 billion. The new capacities are targeted to enter service gradually starting in 2033, with sites including a 2,000-megawatt plant in Dayrout and a 1,500-megawatt plant at the old South Cairo site.
Read full article → Economy Plus(7 Sep) US-based GE Vernova has secured contracts worth a total of 7.94 billion pounds for long-term maintenance and upgrade services at the Banha and Nubaria power plants. The deal includes a 4.44 billion pound contract for Banha and a 3.5 billion pound agreement for the gas units at Nubaria.
Read full article → Economy Plus(7 Sep) The Electricity Ministry aims to connect the first 300-megawatt phase of the Ras Shkeir wind farm to the national grid in December 2027. Orascom Construction is executing the project, which has a total capacity of 900 megawatts.
Read full article → Economy Plus(7 Sep) Suez Canal revenues increased 29% year-on-year to $2.88 billion in the first seven months of 2026, up from $2.4 billion in the same period last year. In July alone, receipts grew 25% to $495 million, driven by a 27% rise in transiting vessels and a 40% increase in net tonnage.
Read full article → Economy Plus(7 Sep) The state-owned companies unit is preparing to list 30% of Al Amal Al Shareef for Plastic on the Egyptian Exchange by December. The company's temporary registration file will be sent to the exchange next week to complete regulatory procedures for the offering.
Read full article → Economy Plus(7 Sep) The transfer of real estate mortgage debts from developers to financing companies without explicit client consent has highlighted issues regarding the assignment of rights. Industry experts note that registering these debts with the I-Score credit bureau increases financial inclusion by giving lenders a complete view of a borrower's liabilities.
Read full article → Economy Plus(5 Sep) The estimated market value of real estate units offered for resale on the Aqar Exit platform reached 72.2 billion pounds, based on original contracts worth 53.6 billion pounds for 5,045 units. The platform recorded 9,839 assignment files and 31,992 purchase requests from 17,268 buyers in its first seven weeks.
Read full article → Economy Plus(7 Sep) Talaat Moustafa Group's advertisement announcing the handover of units in its Nour project has generated widespread engagement and record views on social media. Users praised the project and the group's commitment to delivery schedules, as well as the production quality of the commercial.
Read full article → Economy Plus(7 Sep) Egyptian fruit and vegetable shipments to the European Union accounted for 16% of all cases exceeding maximum pesticide residue limits from non-EU countries last year, ranking second after Turkey. Despite being the largest non-EU supplier of these products with a 10% market share, Egypt's exceedance rate was higher than its overall market proportion.
Read full article → Economy Plus(7 Sep) The Egyptian Exchange's main EGX30 index rose 0.72% to close at a record 56,676 points on Sunday. The EGX70 index for small and medium caps and the broader EGX100 index also gained 1.48% and 1.13%, respectively.
Read full article → Economy Plus(7 Sep) The Egyptian Commodity Exchange completed its first trading session for durum wheat, used in pasta production, with a volume of 1,000 tonnes at a price of 16,900 pounds per tonne. The exchange aims to repeat the weekly sessions and increase trading volumes.
Read full article → Economy Plus(7 Sep) The US dollar fell by 7 piastres against the Egyptian pound in Sunday's trading, reaching 50.80 pounds for purchases and 50.94 pounds for sales, according to Central Bank of Egypt data.
Read full article → Economy Plus(7 Sep) Amsterdam-listed OCI Global, owned by billionaire Nassef Sawiris, has received a legal petition from Value8 NV requesting an investigation into the company's affairs. The petition also seeks interim measures, including blocking shareholders from voting on or executing the proposed merger with Orascom Construction until the procedures conclude.
Read full article → Economy Plus(7 Sep) Prime Minister Mostafa Madbouly inaugurated nine new industrial projects in the Sokhna Integrated Industrial Zone, belonging to the Suez Canal Economic Zone. The projects represent total investments of $84.5 million and are expected to create about 2,000 jobs.
Read full article → Economy Plus(7 Sep) Software company Cloud Soft 5 plans to invest $10 million to expand into seven new markets in the Middle East and Africa. The strategic plan, set to begin early next year, will incorporate artificial intelligence technologies.
Read full article → Economy Plus(7 Sep) Delta Insurance's consolidated net profit declined 34.5% year-on-year to 302.1 million pounds in the first half of 2026, down from 461.1 million pounds in the same period last year. The drop followed a decrease in total revenues to 513.9 million pounds from 615 million pounds.
Read full article → Economy Plus(7 Sep) Taawon Petroleum reported a 43% increase in net profit for the 2025-2026 fiscal year, driven by a 610% surge in marine bunkering volumes. The company's chairman highlighted record growth rates across several activities during the period.
Read full article → Economy Plus(7 Sep) General Motors Egypt has appointed Rohan Fernandez as chairman and managing director for Egypt and Africa. Fernandez brings over 25 years of international experience in the automotive and energy sectors, having held various leadership roles since joining the company in 2016.
Read full article → Economy Plus(7 Sep) Saudi Arabia's Al Rajhi Bank issued $600 million in dollar-denominated social sukuk under its international issuance program. The offering, targeted at qualified investors inside and outside the Kingdom, consists of 3,000 certificates with a nominal value of $200,000 each, yielding 6.23% annually.
Read full article → Economy Plus(7 Sep) Several main substations went out of service in Kuwait due to a technical fault, cutting electricity to parts of the Hawally and Mubarak Al-Kabeer governorates. The Ministry of Electricity, Water and Renewable Energy stated that emergency teams are on site to restore power as soon as possible.
Read full article → Economy Plus(7 Sep) The Iraqi Health Insurance Authority plans to include all citizens in its health insurance system within 15 years, starting by covering 5 million people this year. The authority has transitioned from a paper-based system covering 650,000 citizens to a fully digital platform and is studying the use of third-party administrators for medical claims.
Read full article → Economy Plus(7 Sep) OPEC+ decided to maintain its oil production policy without changes for October during a meeting on Sunday. The group's core members are still required to agree on new quotas before determining their next production steps, amid ongoing disruptions to oil exports through the Strait of Hormuz caused by the Iran conflict.
Read full article → Economy Plus