The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,619.98 | -1.28% |
| Dow Jones | 52,421.20 | -1.86% |
| Nasdaq | 26,186.41 | -1.21% |
| FTSE 100 | 10,697.57 | -1.15% |
| DAX | 25,440.81 | -2.18% |
| CAC 40 | 8,117.78 | -2.41% |
| Nikkei 225 | 63,695.25 | -2.22% |
| Hang Seng | 24,859.45 | -1.81% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 54,796.60 | -1.56% |
| Instrument | Rate / Yield | Note |
|---|---|---|
| Treasury bonds | ||
| 3-year | 23.594% | |
| 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 | 51.82 | +1.63% |
| EUR / USD | 1.1539 | -0.76% |
| GBP / USD | 1.3484 | -0.45% |
| USD / JPY | 154.74 | +0.82% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -0.44% · $/oz | ▼ $4,345.10 |
| WTI crude +0.57% · $/bbl | ▲ $103.06 |
| Brent crude -0.46% · $/bbl | ▼ $107.14 |
(15 Sep) China's investment slump deepened and retail sales growth slowed further in August, highlighting a persistent supply-demand imbalance despite industrial output beating estimates. The data arrives as Beijing faces mounting pressure to stimulate domestic consumption.
Read full article → CNBC(15 Sep) Oil and long-dated Treasury yields are moving in near lockstep, with their correlation reaching its strongest level in several years. This unusual synchronization is raising concerns among investors about potential pressure on broader equity markets.
Read full article → CNBC(15 Sep) The U.S. government has tallied the cumulative costs of the Iran war, revealing substantial expenditures alongside significant weapon shortfalls. The assessment also detailed extensive damage to buildings and aircraft as the conflict continues to strain military resources.
Read full article → CNBC(14 Sep) Beijing is increasing restrictions on how domestic companies can deploy their technology talent overseas amid the simmering U.S.-China tech rivalry. The expanded controls signal a tightening of human capital flows as the geopolitical competition intensifies.
Read full article → CNBC(14 Sep) Traders are pricing in a highly probable interest rate increase this week, with markets also anticipating further tightening before the year ends. Federal Reserve Chairman Kevin Warsh faces a critical test of credibility as he navigates these elevated inflation expectations.
Read full article → CNBC(14 Sep) Baker Hughes reports that higher borrowing costs have yet to slow investment in major energy projects. The company notes that artificial intelligence buildouts are actively stoking demand for liquefied natural gas, sustaining capital expenditure momentum.
Read full article → CNBC(14 Sep) India's retail inflation accelerated for the tenth consecutive month in August, driven by rising food and fuel prices. The persistent upward trend complicates the central bank's monetary policy outlook as consumer price pressures mount.
Read full article → CNBC(14 Sep) Satellite imagery reveals the extent of damage to a critical Saudi Arabian oil pipeline that serves as a key alternative to the Strait of Hormuz. The infrastructure was temporarily shut down as regional attacks continue to threaten vital energy transit routes.
Read full article → CNBC(14 Sep) Bank of America anticipates a double-digit percentage decline in third-quarter investment banking fees, sending its shares lower. The muted outlook from the major lender serves as an early signal that Wall Street's recent boom may be encountering turbulence.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(15 Sep) The Central Bank of Egypt sold 5 billion EGP in three-year treasury bills on behalf of the finance ministry, falling short of the 20 billion EGP target due to high yield demands. The accepted bids carried a weighted average return of 23.594%, while total investor bids reached 50.45 billion EGP at an average yield of 24.273%.
Read full article → Economy Plus(15 Sep) Banque Misr has decided to liquidate its subsidiary Misr for Sukuk due to a lack of economic viability and increased regulatory restrictions on bank participation in the market. The company, established with a 10 million EGP capital, has not generated any revenues since its inception.
Read full article → Economy Plus(15 Sep) The Egyptian Exchange approved the temporary listing of MNT-Holding for Financial Investments, which has an issued capital of 160 million EGP divided into 1.6 billion shares at a nominal value of 0.1 EGP per share. The approval follows a non-objection certificate from the Financial Regulatory Authority dated September 13, 2026, paving the way for the company's upcoming IPO.
Read full article → Economy Plus(15 Sep) The board of Amer Group approved the restructuring of its subsidiary ANC for Touristic Development to prepare for its listing and trading on the Egyptian Exchange. The restructuring will involve distributing retained earnings from the 2025 financial year to shareholders as bonus shares in the subsidiary.
Read full article → Economy Plus(15 Sep) OP Holding, formerly Orascom Financial, plans to execute two acquisitions in Egypt's food and beverage sector with investments totaling nearly 1 billion EGP. Board member Omar Barakat stated the deals could close this year or early next year as part of a new strategy focusing on consumer and food sectors, following its recent investment in Brown Nose Coffee.
Read full article → Economy Plus(15 Sep) The Petroleum Products Pricing Committee is considering holding its delayed September meeting to determine fuel prices for the fourth quarter of 2026. The review comes as global oil prices approach $107 per barrel, significantly exceeding the $75 per barrel price estimated in the current state budget.
Read full article → Economy Plus(15 Sep) The US dollar jumped 48 piasters against the Egyptian pound, reaching 51.78 EGP for buying and 51.92 EGP for selling, driven by foreign investor selling in the government debt market. Interbank dollar trading volumes surged to $800 million, well above the usual daily range of $150 million to $250 million, amid anticipation of the US Federal Reserve's upcoming policy decision.
Read full article → Economy Plus(15 Sep) Spot gold fell 1.39% to $4,286.09 per ounce, trading below the $4,300 level and hitting its lowest point since August 6. The decline was driven by a more than 2% rise in oil prices, which fueled global inflation concerns and boosted expectations for higher US interest rates, reducing the appeal of non-yielding assets.
Read full article → Economy Plus(15 Sep) Prime Minister Mostafa Madbouly plans to meet with real estate sector representatives within the next 48 hours to discuss market challenges and implement presidential directives. The meeting aims to address the delivery of residential units and infrastructure, following President Sisi's recent call for a strict review of real estate contracts to protect citizens' savings.
Read full article → Economy Plus(15 Sep) The government will announce the results of a comprehensive census of stalled real estate projects across Egypt in October to determine the actual scale of delays. Tarek Shokry, head of the Real Estate Development Division, stated the census will classify delayed units by their delivery timelines, excluding those not yet due for handover.
Read full article → Economy Plus(15 Sep) Prime Minister Mostafa Madbouly reviewed proposed amendments to the law governing the reconciliation of building violations and the regularization of their status. The changes aim to resolve practical implementation challenges and provide further facilitations for citizens to complete their reconciliation applications before the draft is sent to parliament.
Read full article → Economy Plus(15 Sep) Saudi Crown Prince Mohammed bin Salman arrived in Cairo for an official visit, where he was received by President Abdel Fattah El-Sisi. The leaders held bilateral talks followed by expanded delegation meetings to discuss ways to strengthen bilateral relations and exchange views on regional and international developments, including Red Sea security.
Read full article → Economy Plus(15 Sep) Saudi Arabia announced the discovery of millions of tons of rare minerals and uranium as part of its efforts to build a comprehensive and sustainable national energy mix. The kingdom is advancing a national program to explore uranium resources and maximize their utilization, paving the way for the integration of nuclear energy into its energy portfolio.
Read full article → Economy Plus(15 Sep) Chinese robotics company AgiBot has launched the leasing of its robots in the Saudi Arabian market. The offering introduces automated robotic solutions available for lease to local businesses.
Read full article → Economy Plus(15 Sep) The Strait of Hormuz has returned as an alternative export route for Saudi oil following the temporary halt of the East-West pipeline. The shift allows the kingdom to maintain crude oil flows and navigate logistical adjustments while the pipeline undergoes temporary suspension.
Read full article → Economy Plus(15 Sep) Investment and Foreign Trade Minister Mohamed Farid announced a promotional roadshow in London and Dubai for the upcoming stock market listing of Misr for Life Insurance. Led by EFG Hermes, the roadshow will finalize details for the sale of a 20% stake in the state-owned insurer before the end of the year, targeting international and regional institutional investors.
Read full article → Economy Plus(15 Sep) The Financial Regulatory Authority has mandated that consumer finance and SME/microfinance providers must use One-Time Password verification when clients sign and use financing contracts. FRA Chairman Islam Azzam issued a decision requiring licensed companies to complete the necessary technical and regulatory implementations within a maximum of two months.
Read full article → Economy Plus(15 Sep) The Egyptian Exchange ended Monday's session with broad declines, driven by selling from Arab investors. The main EGX30 index fell 1.56% to 54,796 points, while the EGX70 and EGX100 indices dropped 2.67% and 2.30% to 20,625 and 27,066 points, respectively, wiping 64.8 billion EGP off the total market capitalization to close at 4.301 trillion EGP.
Read full article → Economy Plus(15 Sep) Emaar Misr signed construction contracts worth a total of 14 billion EGP with Rawad Al-Handasa and Inovo Group for the Infinity Beach and Island Living projects within its Marsa Alam development. The company targets delivering the first phase of Marsa Alam by 2029, bringing the total value of construction contracts for the project to approximately 20 billion EGP.
Read full article → Economy Plus(15 Sep) The Egyptian Electricity Transmission Company signed two contracts with Kuwait-based Kharafi National to expand and upgrade the West Bakr and Abis transformer stations. The projects aim to support the national grid's capacity to transmit electricity and improve supply stability, including adding 500 kV GIS line cells at the West Bakr station.
Read full article → Economy Plus(15 Sep) Kahilan Asset Management intends to launch a new investment fund in the US market next year with investments of at least $20 million. CEO Ahmed Abdel Hamid stated the fund will be listed as an index fund focused on public equity, allowing investors to benefit from stock price growth and dividend distributions.
Read full article → Economy Plus(15 Sep) Paddy rice prices in the Egyptian market have dropped between 35% and 41% from their historic peaks, trading between 12,300 EGP and 15,000 EGP per ton. The decline is attributed to increased supply from the new harvest season, expanded cultivated areas reaching 2.5 million feddans, and weak demand as speculative merchants avoid storage.
Read full article → Economy Plus(15 Sep) Saudi Energy Minister Prince Abdulaziz bin Salman affirmed the kingdom's right to develop peaceful nuclear energy under the Non-Proliferation Treaty. Speaking at the IAEA General Conference in Vienna, he emphasized that the program is built on transparency, international cooperation, and trusted partnerships, rejecting any clandestine activities.
Read full article → Economy Plus(15 Sep) Omani Energy and Minerals Minister Salem bin Nasser Al-Aufi called for establishing alternative export routes for liquefied natural gas to bypass the Strait of Hormuz. Speaking at the GasTech conference in Bangkok, he suggested routing shipments north or through Oman and Yemen to diversify resource pathways and enhance supply chain resilience.
Read full article → Economy Plus(15 Sep) The Iraqi government and TotalEnergies signed a memorandum of understanding to launch several energy projects in the power and oil sectors. The agreement involves large-scale investments aimed at boosting oil production, improving energy efficiency, and supporting the energy transition, coinciding with the Iraqi Prime Minister's visit to Paris to strengthen strategic ties.
Read full article → Economy Plus(15 Sep) The rapid expansion of data centers in the United States will require $110 billion in investments to add 45 gigawatts of new electricity generation capacity by 2030. According to a Moody's analysis, this infrastructure is necessary to meet the surging energy demand driven by the adoption of artificial intelligence and cloud computing applications.
Read full article → Economy Plus