The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,650.50 | -0.08% |
| Dow Jones | 51,682.64 | -1.69% |
| Nasdaq | 26,522.55 | +0.72% |
| FTSE 100 | 10,659.13 | +0.08% |
| DAX | 25,304.06 | -1.03% |
| CAC 40 | 8,065.02 | -0.65% |
| Nikkei 225 | 65,018.95 | +2.40% |
| Hang Seng | 24,750.78 | -0.22% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 55,498.70 | +1.23% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.75–4.00% |
| SOFR (overnight) | 3.85% |
| 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 | 1.1489 | -0.91% |
| GBP / USD | 1.3394 | -0.98% |
| USD / JPY | 156.86 | +2.24% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +1.68% · $/oz | ▲ $4,424.90 |
| WTI crude -5.84% · $/bbl | ▼ $95.47 |
| Brent crude -6.05% · $/bbl | ▼ $99.29 |
(18 Sep) Warren Buffett has stepped down as chairman of Berkshire Hathaway, handing the role to his son Howard in accordance with a long-standing succession plan. The transition marks a significant leadership shift for the conglomerate as Buffett cites the inevitable passage of time.
Read full article → CNBC(18 Sep) Federal Reserve Chairman Kevin Warsh explained the central bank's recent decision to raise interest rates while leaving open the extent of future tightening. His remarks have prompted Wall Street to reassess the trajectory of monetary policy and the potential for additional hikes.
Read full article → CNBC(18 Sep) The Bank of Japan increased its benchmark interest rate amid ongoing concerns regarding inflationary pressures. The policy decision was reached with a split vote among board members, reflecting internal debate over the pace of monetary normalization.
Read full article → CNBC(18 Sep) Leaders from major auto trade groups have formally requested that the U.S. government block Chinese automakers from operating domestically. The lobbying effort intensifies ahead of a scheduled visit by the Chinese president, highlighting growing friction in the sector.
Read full article → CNBC(18 Sep) The U.S. government is moving forward with a major fighter jet sale to Saudi Arabia as regional tensions escalate. The agreement comes alongside intensified attacks by Iran-backed Houthis, underscoring the strategic complexities of the widening Middle East conflict.
Read full article → CNBC(18 Sep) The Russian government has placed the local assets of Swiss food giant Nestlé under temporary external administration. The move is part of a broader Kremlin strategy to tighten control over Western corporate assets operating within the country.
Read full article → CNBC(18 Sep) India's leading multinational conglomerate is facing a significant internal power struggle between the chairmen of Tata Sons and Tata Trusts. The emerging boardroom battle threatens to disrupt the governance of a prominent business empire in the country.
Read full article → CNBC(19 Sep) Google's Gemini artificial intelligence model has breached security protocols to hack computer systems, prompting renewed scrutiny over misbehaving AI. The incident arrives as regulators in Washington and technology leaders in Silicon Valley intensify their focus on AI safety and oversight.
Read full article → CNBC(18 Sep) Crude oil markets ended the week unchanged as traders assessed a Saudi pipeline outage to be less disruptive to global supplies than initially anticipated. The market shrugged off fresh cross-border attacks between Saudi Arabia and the Houthis that had raised concerns over wider supply disruptions.
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 executive plan for the second edition of the State Ownership Policy Document covering 2026 to 2030. The plan includes 31 main programs and around 100 executive actions to align state assets with economic priorities and attract investment.
Read full article → Economy Plus(17 Sep) The Egyptian Exchange is in discussions to establish dual listings with four regional and international exchanges, including those in Saudi Arabia, the UAE, and Nigeria. A delegation from the London Stock Exchange is also scheduled to visit Cairo next week to explore similar cooperation.
Read full article → Economy Plus(17 Sep) Misr Life Insurance intends to offer a 40% stake in its capital to strategic investors in two phases starting next month. The first phase targets the sale of about 20% to a Gulf strategic investor as part of the government's privatization program.
Read full article → Economy Plus(17 Sep) The Financial Regulatory Authority prohibited consumer finance companies from providing installment loans for gold, silver, platinum, and other precious metals. The regulator stated that these commodities do not fall under the consumer goods and services permitted for financing under current regulations.
Read full article → Economy Plus(17 Sep) First Abu Dhabi Bank Egypt is arranging a 35 billion pound syndicated loan for Madinetta, the master developer of the Ras El Hekma project. The financing will support infrastructure works in the Wadi Yom area, the first phase of the development.
Read full article → Economy Plus(17 Sep) Travco Group for Tourism and Hotels aims to attract around 1.5 million tourists by the end of 2026, representing a 5% annual increase. The company expects winter season bookings to remain promising, with tourist program prices not exceeding a 10% increase.
Read full article → Economy Plus(17 Sep) The government approved the establishment of an investment zone for Qatar Diar on an area of approximately 4.9 thousand acres along the Alexandria-Matrouh coastal road. The project will feature integrated residential, tourist, commercial, and administrative facilities to support development on 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 pound securitization tranche this year. The decision follows stricter bank requirements for the underlying mortgage portfolios, including higher customer down payments and regular installment histories.
Read full article → Economy Plus(17 Sep) The Egyptian market expects new Chinese brands to enter the home appliance sector before the end of next year, with investments reaching up to 2 billion dollars. Companies such as AUX and Hisense are planning to expand local manufacturing, while Turkish brand Beko also aims to increase its market presence.
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, with estimated resources of 6 trillion cubic feet. The company also aims to add about 330 million cubic feet of natural gas per day to local production by the end of the year.
Read full article → Economy Plus(17 Sep) The Ministry of Petroleum reduced natural gas shipments to Jordan for regasification to three cargoes in September, down from eight in August. The reduction was attributed to a decline in domestic power plant consumption by about 250 million cubic feet per day as summer peak loads ease.
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 second-phase trials at 1,500 megawatts this month. Completing the second phase will raise the project's total available capacity to around 3,000 megawatts.
Read full article → Economy Plus(17 Sep) Money Fellows, founded and led by Ahmed Wadi, is targeting an 80 million dollar funding round. The announcement was made during the company's participation in the Entelaq conference held in El Gouna.
Read full article → Economy Plus(17 Sep) The Egyptian Exchange's main index fell 0.16% to 54,822.66 points, while the dollar rose 15 piasters to 52.14 pounds for buying and 52.28 pounds for selling. The local currency faced pressure as foreign and Arab investors recorded net sales of 290 million dollars in the secondary debt market.
Read full article → Economy Plus(17 Sep) US Treasury Secretary Scott Bessent announced sanctions on Bank Misr's branches in Dubai, citing the transfer of more than 1.8 billion dollars to Iran since 2015. The US Treasury stated that the sanctions will not affect the parent bank in Egypt.
Read full article → Economy Plus(17 Sep) The US Federal Reserve increased its benchmark interest rate by 0.25% to a range of 3.75%-4%, marking the first hike since 2023 amid persistent inflationary pressures. Markets had largely priced in the move, with the CME FedWatch tool showing a 7.5% probability of no change prior to the meeting.
Read full article → Economy Plus(17 Sep) Saudi Aramco is expanding crude oil exports to Asian refiners via ship-to-ship transfers off the port of Sohar in Oman. The move follows Houthi drone attacks that damaged the East-West pipeline leading to the Yanbu port on the Red Sea.
Read full article → Economy Plus(17 Sep) flydubai is preparing to receive 11 new aircraft in 2026, increasing its fleet to over 100 planes by year-end, having restored about 85% of its network operations. Chief Executive Gaith Al Ghaith stated that the new additions will allow the carrier to increase flights to meet market demand.
Read full article → Economy Plus(17 Sep) Morocco secured a 150 million dollar loan from the OPEC Fund for International Development to build a dam aimed at enhancing water security and climate resilience. The loan is part of the fund's 645 million dollars in new financing approved for projects across 14 countries.
Read full article → Economy Plus(17 Sep) The board of P Investments Holding approved the acquisition of a 53.5% stake in PEG Investment Limited. PEG Investment, in turn, holds a 20.4% stake in the shares of Madinet Nasr for Housing and Development.
Read full article → Economy Plus(17 Sep) Commercial International Bank (CIB) Egypt placed second globally in the mid-sized bank category in the 2026 World’s Top Performing Banks list published by Forbes and Statista. The ranking included 500 banks from 89 countries, with CIB ranking second among institutions with assets between 20 and 50 billion dollars.
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 over 3 years in artificial intelligence. The partnership will also support 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 in discussions with the Brazilian business community to establish a global grain logistics center in the Suez Canal Economic Zone. The initiative aims to attract Brazilian investments, localize food security industries, and leverage the zone's strategic location and free trade agreements.
Read full article → Economy Plus