The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,656.98 | -1.17% |
| Dow Jones | 52,573.29 | -2.07% |
| Nasdaq | 26,333.04 | -0.94% |
| FTSE 100 | 10,650.44 | -1.67% |
| DAX | 25,568.56 | -1.83% |
| CAC 40 | 8,179.77 | -1.52% |
| Nikkei 225 | 64,011.34 | -3.60% |
| Hang Seng | 24,805.63 | -3.30% |
| 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) | 3.62% |
| 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 | 1.1602 | -0.10% |
| GBP / USD | 1.3529 | +0.09% |
| USD / JPY | 153.55 | -1.69% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +0.34% · $/oz | ▲ $4,408.90 |
| WTI crude +7.55% · $/bbl | ▲ $100.05 |
| Brent crude +6.83% · $/bbl | ▲ $104.61 |
(11 Sep) Consumer prices continued to rise in August, with core measures also showing gains according to consensus estimates. The persistent inflation data increases the likelihood that the Federal Reserve will proceed with an interest rate hike.
Read full article → CNBC(11 Sep) Crude oil futures declined on Friday, snapping multiday winning streaks for both Brent and WTI contracts. Despite the daily drop, the benchmarks secured substantial weekly gains driven by escalating geopolitical tensions in the Middle East.
Read full article → CNBC(11 Sep) Saudi Arabia halted operations on a major crude oil pipeline following a series of drone attacks originating from Iraq. The disruption adds further strain to global energy supplies amid escalating regional tensions.
Read full article → CNBC(11 Sep) The International Energy Agency cautioned that shrinking inventories and strained refining capacity are pushing the global oil system to its limits. Concurrent conflicts in Iran and Ukraine continue to tighten markets and restrict supply.
Read full article → CNBC(11 Sep) Elevated energy costs are placing additional pressure on leveraged private credit borrowers facing expensive refinancing conditions. Investors are increasingly weighing the risk that persistent inflation could force interest rates higher once again.
Read full article → CNBC(11 Sep) U.S. Treasury Secretary Scott Bessent announced that a major financial institution will face sanctions next week as part of a broader strategy targeting Iran. The move signals an escalation in economic pressure aimed at curbing Tehran's activities.
Read full article → CNBC(11 Sep) President Trump stated he would have initiated military action against Iran regardless of the political consequences for the midterm elections. The administration is simultaneously intensifying economic sanctions to maximize pressure on the Iranian government.
Read full article → CNBC(11 Sep) Bundesbank President Joachim Nagel indicated that the European Central Bank's future monetary policy decisions will rely heavily on the trajectory of energy prices. He noted that moving rates further into restrictive territory is contingent on how energy costs evolve.
Read full article → CNBC(11 Sep) JPMorgan Chase Chief Executive Jamie Dimon is among the financial executives pressuring the British government ahead of the upcoming Autumn Budget. Bankers are concerned about the fiscal plans the new leadership will outline and their impact on the financial sector.
Read full article → CNBC(11 Sep) U.S. consumer sentiment deteriorated sharply in September, with the headline index falling significantly from the previous month and year-ago levels. The decline was driven by a worsening outlook for inflation, highlighting growing economic anxiety among households.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(10 Sep) The Ministry of Supply and Internal Trade has launched the first phase of a six-month initiative to lower food prices through 284 outlets nationwide. The program initially covers 12 essential commodities, with plans to expand to 30 items by the end of September.
Read full article → Economy Plus(10 Sep) Egypt's imports of liquefied natural gas dropped by about 11% in September to 73 billion cubic feet, down from 82.8 billion cubic feet in August. The imported volumes are expected to provide an average daily supply of 2.4 billion cubic feet to meet local market needs, particularly in the power and industrial sectors.
Read full article → Economy Plus(9 Sep) The Cabinet approved the Ministry of Petroleum's request to continue production from development areas and contracts that have expired or are nearing expiration. The decision aims to maintain current production rates and maximize returns on existing investments, with all extracted output remaining under the control of the Egyptian General Petroleum Corporation.
Read full article → Economy Plus(10 Sep) The value of Egypt's Islamic finance industry surpassed $40 billion by the end of the first half of 2026, driven by the growth of Islamic bank assets, joint Islamic financing, and sukuk. Fitch Ratings noted that Gulf investments, diversification needs, and economic reforms will support the sector's growth in the second half of 2026 and 2027.
Read full article → Economy Plus(10 Sep) The Ministry of Industry has received 10 applications for billet production licenses, including four for 500,000-ton capacity plants and six for 200,000-ton facilities. The ministry originally offered eight licenses with a combined total capacity of 2.8 million tons.
Read full article → Economy Plus(10 Sep) Bety Egypt for Food Industries, a subsidiary of Saudi Arabia's Al Marai Group, plans to invest about 6 billion EGP in the Egyptian market to expand its manufacturing capabilities and production lines. The company's existing investments in Egypt exceed 7 billion EGP, operating over 34 production lines and a portfolio of more than 144 dairy and juice products.
Read full article → Economy Plus(10 Sep) Egyptian tourism company Travco intends to invest over $500 million to add about 1,200 hotel rooms across five countries in Africa and Europe in 2027. The expansion, which includes Morocco, Tunisia, Turkey, Greece, and Spain, will be funded equally through internal resources and bank borrowing.
Read full article → Economy Plus(10 Sep) The real estate sector accounted for about 25.5% of total equity trading value on the Egyptian Exchange during the second quarter of 2026, with transactions reaching 143.8 billion EGP. This represents an 87.5% increase from the first quarter and a 164.4% rise compared to the second quarter of 2025.
Read full article → Economy Plus(9 Sep) The organizers of Cityscape Egypt have canceled this year's edition of the real estate exhibition, postponing it to next year. The decision aligns with current market needs and aims to develop platforms that respond to market priorities, following a recent slowdown in property sales.
Read full article → Economy Plus(10 Sep) HOF Capital, co-founded by Nassef Sawiris, has acquired Porsche's stakes in Bugatti Rimac and Rimac Group through a consortium of institutional investors from the US and Europe. The total value of the acquired Porsche stakes was about 1 billion euros, giving HOF Capital a 23.5% stake in Rimac Group and a 45% direct stake in Bugatti Rimac.
Read full article → Economy Plus(10 Sep) The value of financial transactions conducted 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 National Telecommunications Regulatory Authority reported that transaction values reached 2.96 trillion EGP, while the total number of mobile wallets grew to 57.01 million.
Read full article → Economy Plus(10 Sep) Saudi Arabia's business confidence index rose in August to its highest level since the outbreak of the war between the US and Iran, driven mainly by recovering confidence in the industrial and services sectors. The increase reflects improved business sentiment regarding current conditions and future growth expectations across various sectors.
Read full article → Economy Plus(10 Sep) Brent crude oil prices have climbed above $100 per barrel for the first time since July, driven by renewed exchanges of fire between the United States and Iran.
Read full article → Economy Plus(10 Sep) A group of Egyptian construction, real estate development, and building materials companies will visit Syria and Lebanon next October to explore participation in reconstruction projects. The visit aims to capitalize on potential investment opportunities in both markets, with participants including the Ahly Sabour engineering consulting office.
Read full article → Economy Plus(9 Sep) The Egyptian Exchange's main EGX30 index rose by 0.58% on Wednesday to close at 56500 points, supported by net buying from Egyptian and Arab investors. Meanwhile, the EGX70 index for small and medium-cap stocks fell by 0.31%, and the broader EGX100 index declined by 0.23%.
Read full article → Economy Plus(9 Sep) The US dollar appreciated by 15 piasters against the Egyptian pound during Wednesday's trading, reaching 51.14 EGP for buying and 51.27 EGP for selling, according to Central Bank data. This move comes despite continued net buying of $142 million by Arab and foreign investors in the secondary market for government debt.
Read full article → Economy Plus(9 Sep) Gold prices rose in spot trading by 1.03% to $4400.3 per ounce by 07:14 GMT, supported by a weaker dollar and escalating geopolitical tensions in the Middle East. US gold futures for December delivery also gained 0.07% to $4442 per ounce as markets await upcoming US inflation data.
Read full article → Economy Plus(10 Sep) The Egyptian Electricity Transmission Company has signed a contract with China's TBEA Shenyang to develop the Economic 2 and Taba transformer stations in the Canal electricity zone. The project is scheduled to be implemented within 17 months from the date of contract signing.
Read full article → Economy Plus(10 Sep) Mohamed Awad, CEO of the General Authority for Investment and Free Zones, met with Mohamed Abdulrahman Al Hawi, Undersecretary of the Ministry of Investment in the UAE, to discuss organizing a joint Egyptian-Emirati business forum. The meeting aimed to explore ways to enhance investment cooperation and identify available opportunities between the two countries.
Read full article → Economy Plus(10 Sep) Abu Ghaly Motors Group has signed a memorandum of understanding with Airbus Helicopters to jointly develop the civil helicopter market in Egypt. The partnership combines Airbus Helicopters' global expertise with Abu Ghaly's strong local presence to open new avenues in vertical air mobility for the public and private sectors.
Read full article → Economy Plus(10 Sep) Entlaq is preparing to launch the fourth edition of the Egyptian Startup Ecosystem Annual Report summit, SDR 2026, in El Gouna from 10 to 12 September. The event, themed 'Data x Innovation: Reimagining the Entrepreneurship Landscape in Egypt,' aims to host over 500 participants including government officials, investors, and entrepreneurs.
Read full article → Economy Plus(10 Sep) Maritime and petroleum services company Maridef returned to profitability in the first half of 2026, recording a net profit of about $4.55 million compared to a net 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 by the end of June 2026.
Read full article → Economy Plus(9 Sep) The board of directors of Cairo for Poultry has approved a proposal to sell the company's stake in facility security services firm Aman, alongside a proposal to liquidate Cairo Leasing. The company disclosed the decisions to the Egyptian Exchange without providing details on the size of the stake or the target value of the sale.
Read full article → Economy Plus(10 Sep) An investment alliance led by UAE's Marlan Space and US-French startup Loft Orbital plans to invest $1 billion to add 40 satellites to an AI-supported network. The joint venture, Orbitworks, initially planned to launch 10 satellites but recently agreed with the French space agency to provide services via the Altair network.
Read full article → Economy Plus(10 Sep) The Saudi Cabinet has approved the creation of a war risk insurance pool for goods and vessels to enhance the insurance market's capacity to handle maritime risks and support trade continuity. Finance Minister Mohammed Aljadaan stated that the pool aims to improve the technical readiness of the insurance market and expand coverage capacity in partnership with the private sector.
Read full article → Economy Plus(9 Sep) The Iraqi General Company for Ports met with experts from the German Agency for International Cooperation to discuss the implications of closing the Strait of Hormuz. The economic response cell in Basra province examined the closure's impact on trade, maritime transport, and supply chains.
Read full article → Economy Plus(10 Sep) Chinese artificial intelligence startup DeepSeek is preparing to initiate an initial public offering on the Shanghai Stock Exchange's STAR market this year after hiring CITIC Securities. The Hangzhou-based company's engagement of the broker signals progress in its listing plans, though the size, timing, and target valuation of the IPO remain undetermined.
Read full article → Economy Plus(10 Sep) A scientist at artificial intelligence company Anthropic has warned that AI could potentially eliminate humanity.
Read full article → Economy Plus