The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,591.70 | -0.98% |
| Dow Jones | 52,064.10 | -1.88% |
| Nasdaq | 26,081.73 | -0.52% |
| FTSE 100 | 10,608.92 | -2.05% |
| DAX | 25,361.15 | -2.47% |
| CAC 40 | 8,116.76 | -1.96% |
| Nikkei 225 | 63,646.95 | -4.15% |
| Hang Seng | 24,742.51 | -3.54% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 56,280.20 | -0.39% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.50–3.75% |
| SOFR (overnight) | 3.64% |
| Euro Area | |
| ECB deposit facility | 2.50% |
| ECB main refinancing | 2.65% |
| ECB marginal lending | 2.90% |
| €STR | 2.19% |
| Pair | Rate | Change |
|---|---|---|
| USD / EGP | 51.31 | +0.82% |
| EUR / USD | 1.1612 | -0.02% |
| GBP / USD | 1.3506 | -0.08% |
| USD / JPY | 154.33 | -1.19% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -0.74% · $/oz | ▼ $4,361.40 |
| WTI crude +10.17% · $/bbl | ▲ $102.49 |
| Brent crude +10.30% · $/bbl | ▲ $108.01 |
[11 Sep] The U.S. president stated he would have proceeded with military action against Iran regardless of the political implications for the upcoming midterm elections. Washington is simultaneously escalating economic pressure on Tehran as the conflict continues to disrupt global markets.
Read full article → CNBC[11 Sep] The U.S. Treasury Secretary announced that a major financial institution will face sanctions early next week to tighten the economic strategy against Iran. This move signals an escalation in Washington's efforts to restrict Tehran's access to the global financial system.
Read full article → CNBC[11 Sep] Anthropic reported detecting unauthorized efforts by several China-based artificial intelligence laboratories to utilize its Claude models for improving their own systems. The companies involved include major domestic technology firms seeking to accelerate their proprietary model development.
Read full article → CNBC[10 Sep] The chief executive of UBS warned that market participants are underestimating the compounding risks from geopolitical tensions and economic headwinds. He cautioned that the current investment environment is becoming increasingly complex and requires a more defensive posture.
Read full article → CNBC[10 Sep] Market participants are increasingly purchasing protection against equity volatility as a historically unpredictable period for asset prices approaches. The demand for hedges is being driven by concerns over the upcoming midterm elections and escalating international conflicts.
Read full article → CNBC[10 Sep] Oracle reported quarterly financial results that exceeded analyst expectations, driven by a significant expansion in its cloud infrastructure division. The company also noted a substantial increase in its remaining performance obligations, indicating strong future demand.
Read full article → CNBC[10 Sep] India is aggressively expanding its renewable energy capacity to build a self-reliant domestic energy ecosystem and improve national security. However, this transition is heavily reliant on Chinese supply chains for critical battery and solar components.
Read full article → CNBC[10 Sep] China's strategic accumulation of crude oil prior to the conflict and its subsequent reduction in purchases have prevented a more severe global energy shortage. This drawdown of stockpiles has helped stabilize international markets despite ongoing supply disruptions in the Middle East.
Read full article → CNBC[10 Sep] OpenAI introduced a specialized version of its artificial intelligence platform designed specifically for the financial services sector. The tool is aimed at automating the labor-intensive research, financial modeling, and presentation tasks traditionally performed by junior investment bankers.
Read full article → CNBC[10 Sep] Ant International is collaborating with Visa and Mastercard to establish common technical standards for payments facilitated by artificial intelligence agents. The partnership will focus on creating secure frameworks to verify and monitor transactions executed by autonomous digital systems.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
[10 Sep 2026] The Ministry of Supply and Internal Trade launched the first phase of a six-month food price reduction initiative across 284 outlets nationwide. The program initially covers 12 essential goods and will expand to 30 items in September, with Lulu Hypermarket joining as the first retail chain participant.
Read full article → Economy Plus[10 Sep 2026] Saudi Arabia's business confidence index rose in August to its highest level since the outbreak of the war between the United States and Iran. The increase was primarily driven by recovering confidence in the industrial and services sectors, despite ongoing tensions.
Read full article → Economy Plus[10 Sep 2026] Egypt's liquefied natural gas imports dropped by about 11% in September to 73 billion cubic feet, down from 82.8 billion cubic feet in August. The decline coincided with stable Israeli gas flows at nearly 1 billion cubic feet per day and a cabinet decision to extend production in expired oil and gas contracts.
Read full article → Economy Plus[10 Sep 2026] Fitch Ratings estimated the value of Egypt's Islamic finance industry at over $40 billion by the end of the first half of 2026. The sector is mainly composed of Islamic bank assets, which account for 47% of the total, followed by joint Islamic finance and sukuk.
Read full article → Economy Plus[10 Sep 2026] The Ministry of Industry received 10 applications for billet production licenses, including four for 500,000-ton capacity and six for 200,000-ton capacity. The total capacity of the offered licenses reaches 2.8 million tons, with companies such as Egypt National Steel and Al-Ashry Group competing for the permits.
Read full article → Economy Plus[10 Sep 2026] Betty Egypt for Food Industries, a subsidiary of Saudi Arabia's Almarai Group, plans to inject about 6 billion EGP in new investments to expand its manufacturing capabilities. The company's current investments in Egypt exceed 7 billion EGP across more than 34 production lines.
Read full article → Economy Plus[10 Sep 2026] Egyptian tourism company Travco intends to invest over $500 million to add about 1,200 hotel rooms across five countries in Africa and Europe during 2027. The expansion includes Morocco, Tunisia, Turkey, Greece, and Spain, alongside the completion of eight owned hotels in the domestic market.
Read full article → Economy Plus[10 Sep 2026] The real estate sector accounted for about 25.5% of total trading value on the Egyptian Exchange in the second quarter of 2026, with transactions reaching 143.8 billion EGP. This represents an 87.5% increase from the previous quarter and a 164.4% rise year-on-year.
Read full article → Economy Plus[10 Sep 2026] Organizers of Cityscape Egypt have cancelled the real estate exhibition for this year and postponed it to 2027. The decision aligns with current market needs and follows a recent slowdown in property sales after a surge in demand in previous years.
Read full article → Economy Plus[10 Sep 2026] HOF Capital, co-founded by Nassef Sawiris, acquired Porsche's stakes in Bugatti Rimac and Rimac Group for about 1 billion euros. Following the deal, HOF Capital owns a 23.5% stake in Rimac Group, making it the largest shareholder, and acquired Porsche's direct 45% stake in Bugatti Rimac.
Read full article → Economy Plus[10 Sep 2026] The value of transactions executed through mobile wallets operated by telecom companies in Egypt rose by 56% year-on-year to nearly 3 trillion EGP in the first half of 2026. The total number of mobile wallets reached 57.01 million, executing about 2.22 billion transactions during the period.
Read full article → Economy Plus[10 Sep 2026] A group of Egyptian construction, real estate development, and consulting firms will visit Syria and Lebanon in October to explore reconstruction projects. The delegation includes the Ahly Sabour Engineering Consulting Office and several contracting companies.
Read full article → Economy Plus[10 Sep 2026] Global oil prices neared $100 per barrel amid renewed tensions and exchanges of fire between the United States and Iran. Meanwhile, spot gold rose by 1.03% to $4400.3 per ounce, supported by a weaker dollar and geopolitical risks.
Read full article → Economy Plus[10 Sep 2026] The Egyptian Exchange's main EGX30 index rose by 0.58% to close at 56,500 points, driven by net purchases from Egyptian and Arab investors. The US dollar increased by 15 piastres against the local currency, recording 51.14 EGP for buying and 51.27 EGP for selling.
Read full article → Economy Plus[10 Sep 2026] The Egyptian Electricity Transmission Company signed a contract with China's TBEA Shenyang to develop the Economic 2 and Taba substations in the Canal electricity zone. The execution of the works will take 17 months from the date of signing.
Read full article → Economy Plus[10 Sep 2026] Mohamed Awad, CEO of the General Authority for Investment and Free Zones, met with UAE Undersecretary of Investment Mohamed Abdulrahman Al Hawi to discuss a joint business forum. The meeting aimed to enhance investment cooperation and explore available opportunities between the two countries.
Read full article → Economy Plus[10 Sep 2026] Abou Ghaly Motors Group signed a memorandum of understanding with Airbus Helicopters to cooperate in developing the civil helicopter market in Egypt. The partnership combines Airbus Helicopters' global expertise with Abou Ghaly's strong local presence in vertical air mobility.
Read full article → Economy Plus[10 Sep 2026] Entlaq is preparing to launch the fourth edition of the Egyptian Entrepreneurship Sector Annual Report summit, SDR 2026, in El Gouna from September 10 to 12. The event aims to host over 500 participants, including government representatives, investors, and entrepreneurs.
Read full article → Economy Plus[10 Sep 2026] Maritime and petroleum services company Maridief returned to profitability in the first half of 2026, achieving a net profit of about $4.55 million compared to a loss of $22.32 million in the same period last year. The improvement was driven by an 11.1% increase in operating revenues to $43.09 million.
Read full article → Economy Plus[10 Sep 2026] The board of directors of Cairo for Poultry approved a proposal to sell the company's stake in Aman facility security services. The board also approved a proposal to liquidate Cairo Financial Leasing Company, without disclosing the size of the stake or the targeted value of the sale.
Read full article → Economy Plus[10 Sep 2026] An investment alliance led by UAE's Marlan Space and US-French startup Loft Orbital plans to invest $1 billion to add 40 AI-powered satellites to its network. The joint venture, Orbitworks, initially planned to launch 10 satellites but expanded the project following an agreement with the French Space Agency.
Read full article → Economy Plus[10 Sep 2026] The Saudi Cabinet approved the creation of a war risk insurance pool for goods and ships to enhance the market's ability to handle maritime risks. Finance Minister Mohammed Aljadaan stated the pool aims to raise the technical readiness of the insurance market and expand coverage capacity.
Read full article → Economy Plus[10 Sep 2026] Iraq's General Company for Ports met with experts from the German Agency for International Cooperation to discuss the implications of a potential closure of the Strait of Hormuz. The Basra economic response cell examined the impact on trade, maritime transport, and supply chains.
Read full article → Economy Plus[10 Sep 2026] Chinese artificial intelligence startup DeepSeek plans to begin procedures for an initial public offering on the Shanghai Stock Exchange's STAR market this year. The Hangzhou-based company has hired CITIC Securities to prepare for the listing, though the size and timing of the IPO remain undetermined.
Read full article → Economy Plus