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 | 63,305.30 | -3.01% |
| Hang Seng | 24,893.11 | -2.05% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 55,664.80 | -1.48% |
| 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 | 51.32 | +0.85% |
| EUR / USD | 1.1569 | -0.51% |
| GBP / USD | 1.3504 | -0.32% |
| USD / JPY | 154.04 | +0.12% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -1.05% · $/oz | ▼ $4,369.50 |
| WTI crude +7.33% · $/bbl | ▲ $103.09 |
| Brent crude +6.47% · $/bbl | ▲ $107.76 |
(14 Sep) U.S. President Donald Trump indicated the country could retain Iranian oil revenues similar to its arrangement with Venezuela. The comments come as diplomatic talks between Gulf states and Iran regarding the Strait of Hormuz remain stalled.
Read full article → CNBC(14 Sep) Anthropic is meeting with prospective investors ahead of a potentially historic initial public offering on the Nasdaq. Chief Executive Dario Amodei is simultaneously advocating for a deliberate slowdown in artificial intelligence development.
Read full article → CNBC(14 Sep) Shares of Chinese artificial intelligence company Z.ai fell sharply following the announcement of its latest capital raise. This marks another major funding round for the company in recent months.
Read full article → CNBC(14 Sep) Baker Hughes reported that elevated borrowing costs have not yet deterred investment in major energy projects. The company noted that artificial intelligence infrastructure expansion continues to drive robust demand for liquefied natural gas.
Read full article → CNBC(14 Sep) The yield on the benchmark U.S. Treasury note is approaching a level not seen since late last year. Market strategists emphasize that the underlying macroeconomic drivers pushing borrowing costs higher are more critical than the specific yield milestone.
Read full article → CNBC(13 Sep) A vessel was struck in the Strait of Hormuz, according to the maritime trade operations center. The incident occurred ahead of an anticipated meeting between Iranian and Gulf officials in Oman aimed at securing shipping routes through the strategic waterway.
Read full article → CNBC(13 Sep) Crude oil prices advanced after Saudi Arabia suspended operations on a vital pipeline designed to bypass the Strait of Hormuz. The shutdown follows a recent escalation in attacks by Iran-allied militant groups targeting regional energy infrastructure.
Read full article → CNBC(13 Sep) OpenAI has confirmed it will not pursue an initial public offering in the current year, joining a broader industry chorus calling for caution. The decision follows public warnings from leading artificial intelligence executives regarding the rapid and potentially uncontrolled pace of technological advancement.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(14 Sep) The International Finance Corporation plans to inject more than $1.6 billion into Egypt during the 2026/2027 fiscal year. The investments will target key sectors including infrastructure, renewable energy, industry, tourism, agriculture, and the banking and capital markets.
Read full article → Economy Plus(14 Sep) President Abdel Fattah al-Sisi met with Indian Prime Minister Narendra Modi on the sidelines of the BRICS summit in New Delhi to discuss boosting their strategic partnership. The leaders agreed to increase bilateral trade to $12 billion and expand Indian investments in Egypt's manufacturing, technology, clean energy, and automotive sectors.
Read full article → Economy Plus(14 Sep) The Ministry of Housing has listed 170 investment opportunities on the foreign investment portal for September, ranging from 1,000 square meters to over 70,000 square meters. The offerings cover more than 15 activities, including commercial, medical, educational, and logistical projects in new cities.
Read full article → Economy Plus(14 Sep) The Egyptian government plans to meet with real estate developers in the coming months to address stalled projects and establish executive mechanisms to resolve their issues. The meeting follows directives from President al-Sisi to protect client rights and stabilize the market, pending the completion of the Egyptian Developers Federation law and a comprehensive assessment of the companies.
Read full article → Economy Plus(14 Sep) Egypt and Libya are studying the construction of a new 200-kilometer, 500-kilovolt electricity transmission line to Libya at an estimated cost of 10 billion EGP. The project aims to increase interconnection capacity to 2,000 megawatts and requires upgrading the Marsa Matrouh substation.
Read full article → Economy Plus(14 Sep) Engineering firm Madkour has contracted with the General Electricity Company of Libya to build three power plants with a total capacity of 660 megawatts. The project requires an investment of 100 million euros and will be executed over 18 months, with partial financing from Bahrain's ABC Bank.
Read full article → Economy Plus(14 Sep) Sudan's Ministry of Energy and Oil announced an increase in electricity interconnection capacity with Egypt to 75 megawatts to support agricultural and residential activities in the Northern State. The two countries agreed to accelerate the second phase of the project to raise capacity to 300 megawatts, eventually reaching 1,000 megawatts.
Read full article → Economy Plus(14 Sep) Natural gas consumption by Egyptian power plants fell by 250 million cubic feet per day in September, dropping to 4 billion cubic feet daily from 4.25 billion in August. The decline is attributed to lower electricity loads due to cooler temperatures, while the Petroleum Ministry increased imported mazut contracts to 320,000 tons for the month.
Read full article → Economy Plus(14 Sep) Independent financial advisor BDO Egypt has determined the fair value of Bank of Cairo's shares at 5.3 EGP, valuing the bank at 80.9 billion EGP based on its 15.25 billion outstanding shares. The valuation, based on the bank's financial statements as of June 30, 2026, was approved by the fair value review committee for state-owned companies.
Read full article → Economy Plus(14 Sep) Citadel Investments will acquire QatarEnergy's indirect stake in the Egyptian Refining Company for $416 million, increasing its indirect holding from 13% to 27.1%. The transaction will be funded by directing 50% of the company's cash flows and a 3.87 billion EGP cash capital increase, with closing expected in December 2026.
Read full article → Economy Plus(14 Sep) The ordinary general assembly of Chemical Industries Development Company, Sied Pharma, has approved moving forward with the listing and offering of its shares on the Egyptian Exchange. The assembly authorized the board of directors to take the necessary procedures and contract with relevant parties in accordance with financial regulatory rules.
Read full article → Economy Plus(14 Sep) The African Union has appointed CI Capital Asset Management to manage a multi-asset portfolio for its Peace Fund, investing in African and global markets. This marks the first time an Egyptian and North African firm manages the fund's investments, which aims to finance peacekeeping and conflict prevention missions across the continent.
Read full article → Economy Plus(14 Sep) Egypt's ready-made garment exports reached approximately $2.6 billion in the first eight months of the year, up from $2.2 billion in the same period last year. Exports in August alone grew 23% to between $380 million and $390 million, with the sector targeting up to $4.1 billion by year-end.
Read full article → Economy Plus(14 Sep) ABB Egypt announced the conversion of its factories into a green industrial facility powered by a 3.3-megawatt clean energy project. The project is expected to generate 5.05 gigawatt-hours annually, reducing carbon emissions by 2,846 tons and cutting fuel consumption by over 1.22 million liters.
Read full article → Economy Plus(14 Sep) The Egyptian Competition Authority approved London-based Genie Energy's request to indirectly acquire 100% of Capricorn Energy's shares. The approval was granted by the economic concentration notification review committee.
Read full article → Economy Plus(14 Sep) The extraordinary general assembly of Arab League for Investments approved swapping its entire 68.41% stake in Al Tawfiq Financial Leasing for shares in Baraka Bank Egypt. The swap is part of the mandatory tender offer submitted by the bank to acquire Al Tawfiq's shares.
Read full article → Economy Plus(14 Sep) Universal Packaging Materials Company, Unipac, announced the execution of a share transaction on the Egyptian Exchange with Jadwa Industrial Development. Jadwa sold approximately 26.1 million shares at an average price of 0.385 EGP per share, totaling about 10.064 million EGP.
Read full article → Economy Plus(14 Sep) Iraq's Ministry of Construction, Housing and Municipalities stated that the country requires 2.3 million housing units based on the latest population census results. The ministry is adopting government plans to reduce this deficit and increase supply to help lower prices.
Read full article → Economy Plus(14 Sep) European Central Bank President Christine Lagarde stated that inflation in the eurozone will remain elevated for some time due to ongoing energy price pressures from the Middle East conflict. She noted that the current shock is longer-lasting and expects continued volatility in energy prices.
Read full article → Economy Plus(14 Sep) Bahrain announced it will not participate in a proposed ministerial meeting regarding the Strait of Hormuz, refusing to join any collective gathering with Iran before restoring diplomatic ties. The Foreign Ministry confirmed it communicated this stance to Oman through official channels while affirming its commitment to dialogue.
Read full article → Economy Plus(14 Sep) Saudi Arabia's export stockpiles could run out if the main East-West pipeline to the Red Sea is not restarted within days, buyers and traders warned. The pipeline was shut down following drone attacks on Friday, raising concerns that up to 4% of global oil supply could be lost.
Read full article → Economy Plus(14 Sep) The 18th BRICS summit in New Delhi concluded with a focus on shifting to local currency settlements in trade and supply chains. The initiative aims to save billions of dollars and reduce reliance on hard currency, with Egyptian President Abdel Fattah al-Sisi attending the event.
Read full article → Economy Plus(14 Sep) Global markets are bracing for the US Federal Reserve's meeting on September 15-16 amid mixed expectations on interest rate direction. The event coincides with crucial meetings for the Bank of England and the Bank of Japan, while oil prices remain above 100 dollars per barrel.
Read full article → Economy Plus(14 Sep) Johnson & Johnson is close to finalizing talks to sell its DePuy Synthes orthopedics and joints unit to Apollo Global Management in a deal valued at approximately 20 billion dollars. The move aims to refocus the company on its higher-growth medical sectors.
Read full article → Economy Plus(14 Sep) Independence Realty Trust and Centerspace have agreed to merge, creating a giant residential apartment entity in mid-tier markets. The transaction is valued at 8.1 billion dollars, including assumed debt.
Read full article → Economy Plus