The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,551.81 | -1.11% |
| Dow Jones | 51,461.90 | -1.75% |
| Nasdaq | 25,978.42 | -1.05% |
| FTSE 100 | 10,688.47 | +0.17% |
| DAX | 25,537.75 | -0.15% |
| CAC 40 | 8,140.59 | +0.29% |
| Nikkei 225 | 64,230.83 | +0.34% |
| Hang Seng | 24,533.46 | -1.69% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 54,822.70 | -0.16% |
| 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 | 52.15 | +1.60% |
| EUR / USD | 1.1465 | -1.25% |
| GBP / USD | 1.3377 | -0.98% |
| USD / JPY | 156.07 | +1.03% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -0.47% · $/oz | ▼ $4,331.60 |
| WTI crude +0.97% · $/bbl | ▲ $102.37 |
| Brent crude +0.17% · $/bbl | ▲ $105.86 |
(17 Sep) The European Commission is exploring a framework for Canada to become the first associate member of the bloc, a move designed to deepen transatlantic ties. President Donald Trump has condemned the proposal as a hostile act and threatened to impose tariffs on the European Union in response.
Read full article → CNBC(17 Sep) The White House is organizing meetings with Gulf state leaders on the sidelines of the United Nations General Assembly to discuss the endgame of the conflict with Iran. These diplomatic efforts come as ceasefire talks appear stalled and regional allies continue to absorb escalating attacks from Iranian-aligned militants.
Read full article → CNBC(17 Sep) Leading Japanese executives are expressing growing concern over the sustained weakness of the yen, despite recent rapid appreciation against the dollar. Even companies that generate significant overseas revenue are voicing alarm as the currency remains historically depressed, complicating corporate planning and cost management.
Read full article → CNBC(17 Sep) Crude prices retreated as additional supply mechanisms from Saudi Arabia helped ease market concerns regarding export disruptions. The kingdom is reportedly offering ship-to-ship transfers to maintain flow after a key pipeline was damaged during regional hostilities.
Read full article → CNBC(16 Sep) The U.S. House of Representatives has approved a comprehensive sanctions package targeting Russia, advancing the legislation to the president's desk. The bill, championed by Senator Lindsey Graham, aims to increase economic pressure on Moscow amid the ongoing war in Ukraine.
Read full article → CNBC(16 Sep) New Zealand's sovereign wealth fund is cautioning investors about a potential correction in U.S. equities following a period of strong performance. The fund's leadership highlighted valuation concerns and macroeconomic headwinds as key factors that could trigger a market pullback in the near term.
Read full article → CNBC(16 Sep) Boeing's chief executive acknowledged that efforts to stabilize production of the 737 Max aircraft are taking longer than initially anticipated. The company is currently addressing manufacturing bottlenecks at its wing production facility in Washington state as it works to ramp up delivery rates.
Read full article → CNBC(16 Sep) Apollo Global Management is warning that rising credit default swap costs for major data center operators indicate growing financial stress in the sector. The increase in hedging costs reflects broader market concerns over the heavy debt loads required to build out artificial intelligence infrastructure.
Read full article → CNBC(16 Sep) The Federal Reserve enacted an interest rate increase and indicated that at least one additional hike is likely before the end of the year. Policymakers pointed to persistent inflation risks as the primary driver for maintaining a restrictive monetary stance despite previous pauses in the tightening cycle.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(17 Sep) The Egyptian cabinet approved the detailed executive plan for the second edition of the State Ownership Policy Document for the 2026-2030 period. The plan includes 31 main programs and around 100 executive actions based on consultations with international development partners.
Read full article → Economy Plus(17 Sep) Saudi Arabia has increased oil loading and shipping from the Arabian Gulf coast outside the Strait of Hormuz following the precautionary halt of the East-West pipeline. The suspension came after Houthi drone attacks damaged the main pipeline leading to the Yanbu port on the Red Sea.
Read full article → Economy Plus(17 Sep) The US Federal Reserve raised interest rates by 0.25% to a target range of 3.75%-4%, marking its first hike in three years amid rising inflationary pressures. US President Donald Trump subsequently demanded a rate cut to 1% or less following the decision.
Read full article → Economy Plus(17 Sep) Egyptian Exchange head Omar Radwan announced discussions for dual listing agreements with exchanges in Saudi Arabia, the UAE, Nigeria, and the UK. A delegation from the London Stock Exchange is scheduled to visit Cairo next week with financial advisors and investors to explore the partnership.
Read full article → Economy Plus(17 Sep) Misr Life Insurance intends to offer around 40% of its shares in two phases to strategic investors, starting next month, as part of the government's privatization program. The first phase targets selling approximately 20% to a Gulf strategic investor, with the potential to increase their stake later.
Read full article → Economy Plus(17 Sep) The Financial Regulatory Authority prohibited consumer finance companies from providing installment plans for gold bullion, jewelry, and other precious metals like silver and platinum. The regulator also mandated that these companies submit quarterly data on interest rates and administrative fees applied to bank and customer financing starting from 2025 data.
Read full article → Economy Plus(17 Sep) First Abu Dhabi Bank Egypt is arranging a 35 billion EGP syndicated loan for UAE-based Madad Holding to finance infrastructure works in the Wadi Yum area of the Ras El Hekma project. The financing is expected to include participation from several local and Emirati banks operating in the Egyptian market.
Read full article → Economy Plus(17 Sep) Egyptian tourism and hotels group Travco aims to attract around 1.5 million tourists by the end of 2026, representing a 5% year-on-year increase. The company expects to double this growth next year if regional geopolitical conditions stabilize, noting that winter season bookings are promising.
Read full article → Economy Plus(17 Sep) The Egyptian government approved the establishment of an investment zone for Qatari Diar for Urban Development on nearly 4.9 thousand feddans along the Alexandria-Matrouh coastal road. The project will feature integrated residential, tourist, commercial, and administrative uses to support the development of the northwest coast.
Read full article → Economy Plus(17 Sep) Al Oula for Mortgage Finance is freezing its plan to issue a new 1.25 billion EGP securitization tranche this year due to difficulties in meeting bank requirements for portfolio coverage. The decision follows stricter bank conditions regarding mortgaged real estate assets, including high customer down-payment ratios or a year of regular installment payments.
Read full article → Economy Plus(17 Sep) The Egyptian market expects the entry of new home appliance manufacturing brands before the end of next year, with anticipated new investments reaching up to $2 billion. Key entrants include Chinese companies AUX and Hisense, alongside Turkish company Beko, while Al Safi Complex is negotiating with two Chinese firms to operate under its brand in Ain El Sokhna.
Read full article → Economy Plus(17 Sep) The Egyptian Natural Gas Holding Company (EGAS) targets drilling 16 new exploratory gas wells in the current fiscal year, aiming for estimated resources of 6 trillion cubic feet. The company also plans to add around 330 million cubic feet of natural gas per day to local production by the end of the year from Mediterranean and Western Desert fields.
Read full article → Economy Plus(17 Sep) The Ministry of Petroleum and Mineral Resources reduced natural gas shipments sent to Jordan for regasification to three shipments in September, totaling $180 million, down from eight in August. The reduction was attributed to a decline in gas consumption by power plants by around 250 million cubic feet per day during September compared to summer peaks.
Read full article → Economy Plus(17 Sep) Egypt and Saudi Arabia aim to officially operate their bilateral electricity interconnection project by the end of next November, following the start of phase two trials at 1500 megawatts this month. Completing the second phase will raise the project's total available capacity to around 3000 megawatts, allowing for greater energy exchange.
Read full article → Economy Plus(17 Sep) Ahmed Wady, founder and CEO of fintech company Money Fellows, announced the company is targeting an $80 million funding round. He made the announcement during his participation in the Entelaq conference held in El Gouna.
Read full article → Economy Plus(17 Sep) The EGX30 index fell 0.16% to close at 54,822.66 points, while the EGX70 and EGX100 indices rose by 0.15% and 0.27%, respectively. Meanwhile, the US dollar climbed to 52.14 EGP for buying and 52.28 EGP for selling, as Arab and foreign investors recorded net sales of $290 million in the secondary market for government debt.
Read full article → Economy Plus(17 Sep) US Treasury Secretary Scott Bessent announced sanctions on Bank of Egypt branches in Dubai, stating they will be closed after transferring more than $1.8 billion to Iran since 2015. The US Treasury took action against the UAE branches two weeks ago over alleged dealings with Iran, though it clarified the measures do not affect the parent bank in Egypt.
Read full article → Economy Plus(17 Sep) Egypt is discussing opportunities with the Brazilian business community to establish a global grain logistics center in the Suez Canal Economic Zone. The talks aim to attract Brazilian investments, localize food security-related industries, and leverage the zone's strategic location and free trade agreements.
Read full article → Economy Plus(17 Sep) The Business Barometer index declined in the second quarter of the current year, reflecting continued unfavorable conditions facing the business community. The drop impacted local production, sales, and capacity utilization indicators, although these metrics remained above the neutral level, according to the Egyptian Center for Economic Studies.
Read full article → Economy Plus(17 Sep) The Ministry of Communications and Information Technology signed a memorandum of understanding with Intel to train one million citizens annually for three years in artificial intelligence concepts. The collaboration includes supporting top performers in an annual AI hackathon to showcase their projects at the Intel Global AI Impact Festival.
Read full article → Economy Plus(17 Sep) The board of directors of B Investments Holding approved the acquisition of a 53.5% stake in Big Investment Ltd. Big Investment, in turn, owns a 20.4% stake in the shares of Madinet Masr for Housing and Development, according to a disclosure sent to the Egyptian Exchange.
Read full article → Economy Plus(17 Sep) Commercial International Bank (CIB) Egypt secured the second position globally in the mid-sized banks category in the World’s Top Performing Banks 2026 list by Forbes and Statista. The bank ranked second among institutions with assets between $20 billion and $50 billion, behind the US-based SoFi.
Read full article → Economy Plus(17 Sep) Saudi Aramco has expanded crude oil exports to Asian refineries through ship-to-ship transfers off the port of Sohar in Oman, following drone attacks that damaged the East-West pipeline. The company offered Arab Light, Arab Medium, and Arab Heavy crude to regular Asian buyers for shipment from the Omani port outside the Strait of Hormuz.
Read full article → Economy Plus(17 Sep) UAE carrier flydubai is set to take delivery of 11 new aircraft in 2026, bringing its fleet size to over 100 planes by the end of the year. CEO Ghaith Al Ghaith stated the new planes will allow the airline to increase flights to required rates based on market demand, having already restored about 85% of its network operations.
Read full article → Economy Plus(17 Sep) Morocco secured the largest single financing of $150 million from the OPEC Fund for International Development to help build a dam aimed at enhancing water security and climate resilience. The funding is part of $645 million in new projects across 14 countries in Africa, Asia, Europe, and Latin America, focusing on water, clean energy, and infrastructure.
Read full article → Economy Plus