The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,637.76 | +0.61% |
| Dow Jones | 51,778.04 | -0.55% |
| Nasdaq | 26,418.30 | +1.29% |
| FTSE 100 | 10,816.14 | +1.95% |
| DAX | 25,716.71 | +1.40% |
| CAC 40 | 8,186.93 | +0.09% |
| Nikkei 225 | 65,305.76 | +2.86% |
| Hang Seng | 24,768.84 | -0.15% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 55,498.70 | +1.23% |
| 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 | 2.44% |
| Pair | Rate | Change |
|---|---|---|
| USD / EGP | 52.08 | +1.67% |
| EUR / USD | 1.1493 | -0.87% |
| GBP / USD | 1.3372 | -1.14% |
| USD / JPY | 156.97 | +2.31% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +0.94% · $/oz | ▲ $4,392.80 |
| WTI crude -0.16% · $/bbl | ▼ $101.23 |
| Brent crude -1.67% · $/bbl | ▼ $103.91 |
(18 Sep) The Bank of Japan has increased borrowing costs to their highest level in decades, citing persistent inflationary pressures. The policy decision was reached following a divided vote among board members.
Read full article → CNBC(17 Sep) The Bank of England held its benchmark borrowing costs steady, diverging from the recent tightening cycle initiated by the U.S. Federal Reserve. Policymakers maintained their current stance despite a recent acceleration in domestic consumer price growth.
Read full article → CNBC(17 Sep) The Federal Reserve's decision to increase borrowing costs is expected to support the U.S. dollar and keep global bond yields elevated. This tightening cycle could weigh on international equity valuations and constrain broader economic growth.
Read full article → CNBC(18 Sep) Crude oil markets retreated as expectations of additional Saudi Arabian production helped alleviate concerns over supply disruptions. The bearish sentiment offset recent escalations involving Houthi strikes in the region.
Read full article → CNBC(17 Sep) Elevated diesel costs are severely impacting the U.S. transportation sector, affecting freight and rail networks. If energy prices remain high, the inflationary pressure is expected to cascade across the broader economy.
Read full article → CNBC(17 Sep) The U.S. House of Representatives has advanced legislation allowing for steep tariffs on nations purchasing Russian oil. This move provides the executive branch with significant new leverage in trade negotiations with Beijing and New Delhi.
Read full article → CNBC(17 Sep) President Trump indicated that the United States may be approaching a conclusion to its ongoing military engagement with Iran. The comments suggest Tehran is open to negotiations, even as regional proxy conflicts continue to escalate.
Read full article → CNBC(17 Sep) Nvidia's chief executive forecast a significant acceleration in semiconductor sales over the next year. The outlook underscores sustained demand for artificial intelligence hardware and points to continued expansion for the company.
Read full article → CNBC(17 Sep) A new analysis reveals that leading U.S. artificial intelligence firms are generating substantially more revenue than their Chinese counterparts. The research also highlights that lower commercial revenues in China have not necessarily resulted in lower corporate valuations.
Read full article → CNBC(17 Sep) The Securities and Exchange Commission has approved an innovation exemption that paves the way for tokenized equity trading. The regulatory green light moves U.S. markets closer to continuous, round-the-clock trading sessions.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(17 Sep) Egypt Life Insurance intends to sell a 40% stake to strategic investors in two phases starting next month under the state ownership policy. The first phase targets selling about 20% to a Gulf strategic investor, with the possibility of increasing their holding later.
Read full article → Economy Plus(17 Sep) The Financial Regulatory Authority banned consumer finance companies from financing gold and silver bullion and jewelry, stating they do not fall under permissible consumer goods. The regulator also mandated these companies to submit quarterly data on interest rates and administrative fees starting from 2025.
Read full article → Economy Plus(17 Sep) First Abu Dhabi Bank Egypt is arranging a 35 billion pound syndicated loan for Madinat Holding Group to finance infrastructure in the Wadi Yum area of the Ras El Hekma project. Local and Emirati banks are expected to participate in financing the project, which includes residential units and recreational facilities.
Read full article → Economy Plus(17 Sep) Egyptian tourism group Travco aims to attract about 1.5 million tourists by the end of 2026, representing a 5% annual 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 government approved an investment zone for Qatari Diar for Urban Development in Alam El Roum, covering nearly 4,900 feddans on the Alexandria-Matrouh coastal road. The area will be developed into an integrated urban and tourist project featuring residential, commercial, and administrative uses.
Read full article → Economy Plus(17 Sep) Al Oula Mortgages is moving to freeze its plan to issue a new 1.25 billion pound securitization bond this year due to difficulties in meeting bank requirements. The decision follows tightened conditions for securitization portfolios, including bank demands for high customer repayment ratios or a year of regular installment payments.
Read full article → Economy Plus(17 Sep) The Egyptian market expects new home appliance manufacturing brands to enter by the end of next year, with investments reaching up to 2 billion dollars. Chinese companies AUX and Hisense, along with Turkey’s Beko, are among the key players looking to expand or shift from assembly to local manufacturing.
Read full article → Economy Plus(17 Sep) The Egyptian Natural Gas Holding Company targets drilling 16 new exploratory gas wells in the current fiscal year, aiming for resources estimated at 6 trillion cubic feet. The company also plans to add about 330 million cubic feet of natural gas per day to local production by increasing output from Mediterranean and Western Desert fields.
Read full article → Economy Plus(17 Sep) The Cabinet approved the detailed executive plan for the second edition of the State Ownership Policy Document for the 2026-2030 period following consultations with international development partners. The plan includes 31 main programs and around 100 executive actions to regulate the state's role in economic activity and enhance the private sector's role.
Read full article → Economy Plus(17 Sep) Egyptian Exchange Chairman Omar Radwan announced ongoing discussions for dual listing agreements with four regional and international exchanges, including Saudi Arabia, the UAE, and Nigeria. A delegation from the London Stock Exchange will visit Cairo next week with financial advisors and investors to explore dual listing opportunities.
Read full article → Economy Plus(17 Sep) The Ministry of Petroleum and Mineral Resources reduced liquefied natural gas shipments to Jordan for regasification to three cargoes in September, down from eight in August. The reduction, totaling 180 million dollars, comes as electricity station gas consumption fell by about 250 million cubic feet per day following the summer peak.
Read full article → Economy Plus(17 Sep) Egypt and Saudi Arabia aim to officially operate their electricity interconnection project by the end of November, following the start of phase two trials at 1,500 megawatts this month. Completing the second phase will raise the project's total available capacity to about 3,000 megawatts, allowing both countries to exchange larger amounts of energy.
Read full article → Economy Plus(17 Sep) US Treasury Secretary Scott Bessent stated that the US sanctioned Bank Misr's branches in Dubai two weeks ago for transferring over 1.8 billion dollars to Iran since 2015. The sanctions prevent the UAE branches from dealing in dollars, though the US confirmed the measures will not affect the parent bank in Egypt.
Read full article → Economy Plus(17 Sep) The US Federal Reserve raised interest rates by 0.25% yesterday, marking its first increase in three years amid rising inflationary pressures. The target range for the federal funds rate was raised to 3.75%-4%, following five consecutive meetings where rates were held steady.
Read full article → Economy Plus(17 Sep) Saudi Aramco is expanding crude oil exports to Asian refineries via ship-to-ship transfers off the port of Sohar in Oman after drone attacks damaged the East-West pipeline. The company has offered Arab Light, Medium, and Heavy crude to regular Asian buyers for loading 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, raising its fleet size to over 100 planes by year-end. Chief Executive Gaith Al Ghaith said the new planes will allow the airline to increase frequencies to meet market demand as it recovers about 85% of its network operations.
Read full article → Economy Plus(17 Sep) The OPEC Fund for International Development approved 150 million dollars to help build a dam in Morocco aimed at enhancing water security and climate resilience. The financing is part of 645 million dollars in new funding for projects across 14 countries, focusing on water, clean energy, and infrastructure.
Read full article → Economy Plus(17 Sep) Commercial International Bank Egypt ranked second globally among mid-sized banks in the World’s Top Performing Banks 2026 list published by Forbes and Statista. The bank placed second in the category for institutions with assets between 20 billion and 50 billion dollars, behind US-based SoFi.
Read full article → Economy Plus(17 Sep) The board of b Investments Holding approved the acquisition of a 53.5% stake in Pigeon Investments Limited, which in turn owns 20.4% of Madinet Masr for Housing and Development. The acquisition was disclosed in a filing sent to the Egyptian Exchange on Wednesday.
Read full article → Economy Plus(17 Sep) The Ministry of Communications and Information Technology signed a memorandum of understanding with Intel to train 1 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) Egypt is discussing opportunities with the Brazilian business community to establish a global grain logistics hub 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) Ahmed Wady, founder and CEO of Money Fellows, announced the company is targeting an 80 million dollar 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 Egyptian Exchange's main EGX30 index fell 0.16% to close at 54,822.66 points, while the EGX70 and EGX100 indices rose 0.15% and 0.27%, respectively. Meanwhile, the US dollar advanced 15 piasters against the Egyptian pound to reach 52.14 pounds for buying and 52.28 pounds for selling, amid net foreign selling in the secondary debt market.
Read full article → Economy Plus