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 | 1.1601 | -0.11% |
| GBP / USD | 1.3530 | +0.10% |
| 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 |
(12 Sep) Former President Donald Trump stated that the conflict in Iran could conclude following the midterm elections, suggesting a subsequent drop in energy costs. Crude markets retreated on Friday amid optimism over resumed negotiations, though prices have posted significant weekly gains.
Read full article → CNBC(12 Sep) Catastrophe bonds may soon expand into the data center sector, transferring infrastructure risk to capital markets. Industry observers anticipate the first dedicated deal for this asset class could emerge within the next year and a half.
Read full article → CNBC(12 Sep) OpenAI has confirmed it will not pursue an initial public offering this year, following a week of prominent industry warnings regarding the rapid pace of artificial intelligence development. Executives from leading AI firms have publicly called for a more deliberate approach to advancing these capabilities.
Read full article → CNBC(12 Sep) Leaders from China, Russia, and India convened in New Delhi as U.S. tariffs, sanctions, and the ongoing conflict in Iran test the cohesion of the BRICS alliance. The summit highlights efforts by emerging economies to find common ground and hedge against shifting American foreign policy.
Read full article → CNBC(12 Sep) Indian Prime Minister Narendra Modi and Chinese President Xi Jinping addressed ongoing concerns regarding their shared border dispute and bilateral trade imbalances. The discussions underscore the importance of maintaining border stability as a foundational element for broader economic and diplomatic relations between the two nations.
Read full article → CNBC(12 Sep) U.S. crude recently reached its highest closing level since May, driven by supply concerns and geopolitical tensions. Market analysts note that future demand trajectories and economic data from China will be critical in determining the next directional move for global energy markets.
Read full article → CNBC(12 Sep) Sweden’s upcoming election is being shaped by Russia's war, permanently elevated defense expenditures, and uncertainties surrounding U.S. security commitments. These geopolitical and fiscal pressures are significantly narrowing the policy choices available to the next government.
Read full article → CNBC(12 Sep) Consumer prices in the United States rose at a faster annual pace in August compared to the growth in average wages. This widening gap is once again eroding real purchasing power and placing renewed pressure on household budgets.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(13 Sep) President Abdel Fattah El-Sisi announced Egypt's aspiration to chair the BRICS grouping in the near future during the summit in New Delhi. He emphasized Egypt's commitment to strengthening cooperation with member states and developing a more balanced international economic system.
Read full article → Economy Plus(13 Sep) Trade exchange between Egypt and BRICS nations reached $36.7 billion in the first half of 2026, up from $29.3 billion in the same period last year. Total BRICS investments in Egypt amounted to $6.2 billion in the 2024/2025 fiscal year, led by the UAE with $4.7 billion.
Read full article → Economy Plus(13 Sep) Remittances from Egyptians working in BRICS countries rose to a record $15.7 billion in the 2024/2025 fiscal year, compared to $9.8 billion in the previous year. Saudi Arabia accounted for $12 billion of this total, followed by the UAE with $3.6 billion.
Read full article → Economy Plus(13 Sep) The Central Bank of Egypt has requested commercial banks to provide detailed data on loans and credit facilities granted to real estate projects, including repayment defaults and fund utilization rates. The move aligns with presidential directives to inspect ongoing real estate projects and ensure compliance with delivery schedules.
Read full article → Economy Plus(13 Sep) Talaat Moustafa Group CEO Hisham Talaat stated that defaulters account for only 1-2% of the real estate market, with the state addressing issues in some smaller companies. He noted that the top 10 real estate companies in Egypt exceeded 800 billion EGP in sales this year, while the top three in the North Coast surpassed 400 billion EGP in 2026.
Read full article → Economy Plus(13 Sep) Industry Minister Khaled Hashem announced that Egypt will launch a 1 billion EGP investment fund in partnership with CI Capital within two weeks to finance factories. The fund, backed by the Egypt Sovereign Fund, aims to support struggling industrial facilities and boost sector growth.
Read full article → Economy Plus(12 Sep) Global oil prices fell on Friday but recorded a weekly gain of 9% amid concerns over supply disruptions in the Middle East. Brent crude settled at $104.61 per barrel, while WTI closed at $100.05 per barrel.
Read full article → Economy Plus(13 Sep) Saudi Arabia's industrial production narrowed its contraction in July to the lowest rate in five months, supported by a slight easing of war-related pressures on oil activities. Non-oil activities maintained performance close to stability alongside a rise in the kingdom's crude output.
Read full article → Economy Plus(12 Sep) S&P Global Ratings affirmed Saudi Arabia's sovereign credit rating at A+/A-1 with a stable outlook. The agency noted the kingdom's ability to withstand regional conflict pressures due to its diversified energy export infrastructure, including the East-West pipeline.
Read full article → Economy Plus(13 Sep) According to the Saudi newsletter, investments by Saudi banks in treasury bonds increased by 6% during July. The data highlights the banking sector's continued allocation to government debt instruments.
Read full article → Economy Plus(13 Sep) Finance Minister Ahmed Kojouk announced that citizens have voluntarily registered over 1 million real estate units via the new mobile tax application. The ministry continues to develop the digital platform and simplify procedures to ensure a more efficient tax system.
Read full article → Economy Plus(13 Sep) Madinet Masr announced its first entry into the North Coast market through a partnership with Ready Developments. The new project spans approximately 101 feddans at kilometer 183 and serves as the first practical application of the company's "Ammar" urban activation platform.
Read full article → Economy Plus(13 Sep) Makarim Real Estate is negotiating with local banks to secure a 2 billion EGP loan to accelerate construction at its Soma Bay project on the Red Sea. The integrated tourism project covers 340,000 square meters and is planned to include over 600 residential units along a 700-meter coastline.
Read full article → Economy Plus(13 Sep) Fitch Solutions expects the Central Bank of Egypt to keep interest rates unchanged until the end of the year, followed by a 400 basis point cut in 2027. The firm noted that reaching a fuel pricing agreement by September would ease foreign exchange pressures and allow for monetary easing next year.
Read full article → Economy Plus(13 Sep) Domaty Deputy Chairman Mohamed El-Damati announced the launch of a business accelerator to support existing small companies, prioritizing the food industry. The company has formed committees to survey applicant projects, though the exact number of targeted companies has not yet been determined.
Read full article → Economy Plus(13 Sep) Three oil companies plan to add 130 million cubic feet of natural gas per day to the production network next November by connecting seven onshore and offshore wells. The $120 million investment includes Eni resuming 60 million cubic feet from the Zohr field, Apache adding 45 million cubic feet in the Western Desert, and Kayron Petroleum connecting a new well in the West Burullus deepwater concession.
Read full article → Economy Plus(13 Sep) Sawari Ventures co-founder Ibrahim Ramadan stated the firm targets three new investments totaling $10 million before the end of 2026. The company also plans to invest between $10 million and $15 million in deep-tech companies during 2027.
Read full article → Economy Plus(13 Sep) MoneyFellows founder and CEO Ahmed Wadi announced plans to close a new funding round of $70 million to $80 million in the second quarter of 2027. The company is also studying a potential stock exchange listing within the next two years and aims to reach $1.8 billion in app transaction volume by the end of 2026.
Read full article → Economy Plus(13 Sep) Egypt targets the production of 1.3 to 1.4 million qintars of raw cotton in the 2026-2027 marketing season by cultivating nearly 203,000 feddans. Initial estimates from the Ministry of Agriculture indicate that the total available cotton supply will reach about 96,000 tons by August.
Read full article → Economy Plus(13 Sep) The executive committee for cotton trading is scheduled to meet on Sunday to determine the opening prices for the 2026-2027 harvest season auctions. The committee is formed annually by the ministers of industry, investment, and agriculture to set the pricing controls for these auctions.
Read full article → Economy Plus(13 Sep) Total paid-up capital for insurance companies operating in the Egyptian market rose to 28.21 billion EGP by the end of 2025, up from 21.53 billion EGP at the end of 2024. Misr Insurance led the sector with 10 billion EGP in paid-up capital, followed by Misr Life Insurance with 5 billion EGP.
Read full article → Economy Plus(13 Sep) The Financial Regulatory Authority extended the deadline for private insurance funds to comply with the minimum limits for investment channels until December 31, 2026. This decision amends a previous 2024 regulation regarding the investment rules and ratios for fund assets.
Read full article → Economy Plus(11 Sep) The EGX30 index closed down 0.39% at 56,280 points last Thursday, driven by net selling of 518.8 million EGP from Arab and foreign investors. Meanwhile, the US dollar rose 0.47% against the Egyptian pound during the week, trading at 51.24 EGP for buying and 51.37 EGP for selling.
Read full article → Economy Plus(13 Sep) Supply Minister Sherif Farouk stated that the government has not yet set a date for transitioning from in-kind to cash subsidies. He clarified that the recent government initiative to lower prices for a group of commodities is unrelated to the cash subsidy program.
Read full article → Economy Plus(13 Sep) The Transport Ministry plans to issue an international tender in 2027 to select a contractor for the specialized works of the second phase of Cairo Metro Line 4. The $4.5 billion phase spans 26.9 kilometers across 21 stations, connecting Fustat to New Cairo, and covers electromechanical works, track laying, and train supply.
Read full article → Economy Plus(13 Sep) UN Special Envoy for Financing the 2030 Sustainable Development Agenda Mahmoud Mohieldin urged the government to step back from sectors where the private sector can operate efficiently. He emphasized the need for a level playing field and limiting state intervention to areas where private investment is insufficient.
Read full article → Economy Plus(13 Sep) Bokra for Financial Investments aims to launch three new funds before the end of 2026, including a real estate fund sized between 500 million and 600 million EGP. The company will also introduce a new private equity fund focusing on the medical and logistics sectors.
Read full article → Economy Plus(13 Sep) Orascom Development CEO Amr El-Batrik announced plans to invest 500 million EGP in the infrastructure of the new Ain Sokhna industrial zone over three years. The company aims to attract around 100 new factories and plans to allocate the remaining space in its Abu Rawash industrial zone within the same period.
Read full article → Economy Plus(13 Sep) Mokhtar Ibrahim Construction Company secured a 6 billion EGP contract to build a water station in 6th of October City with a capacity of 150,000 cubic meters. Additionally, Hassan Allam Construction won a direct order worth 1.03 billion EGP to build the new Belbeis substation in Sharqia Governorate.
Read full article → Economy Plus(13 Sep) The Financial Regulatory Authority mandated companies operating in consumer and SME finance to link in real-time with the I-Score credit bureau. The decision aims to tighten oversight of financing procedures and ensure the speed and accuracy of client credit assessments.
Read full article → Economy Plus(13 Sep) The Financial Regulatory Authority issued the second edition of the Egyptian real estate valuation standards, aligning with the latest 2025 international frameworks. The new standards define the scope and requirements for valuation, including three main approaches: market, income, and cost.
Read full article → Economy Plus(13 Sep) The Oman Investment Authority signed an agreement with Chinese company Templewater to take a 25% stake in the Templewater Innovation Fund. In return, 50% of the fund's size will be allocated to investing in promising sectors within the Sultanate of Oman.
Read full article → Economy Plus(13 Sep) Iraq's North Oil Company signed a 25-year contract with Kept Private to develop and operate the Ajeel oil field. The agreement aims to gradually increase gas production at the field to 300 million standard cubic feet per day and raise oil output to 40,000 barrels per day.
Read full article → Economy Plus