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% |
| Instrument | Rate / Yield | Note |
|---|---|---|
| Policy corridor | ||
| Overnight deposit | 19.00% | unchanged |
| Overnight lending | 20.00% | unchanged |
| Main operation rate | 19.50% | unchanged |
| 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 | 1.1490 | -0.90% |
| GBP / USD | 1.3393 | -0.98% |
| USD / JPY | 156.86 | +2.24% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +2.13% · $/oz | ▲ $4,424.90 |
| WTI crude -9.21% · $/bbl | ▼ $96.08 |
| Brent crude -8.70% · $/bbl | ▼ $99.29 |
[19 Sep] Policymakers and technology leaders are evaluating the viability of a definitive stop mechanism for artificial intelligence systems amid escalating concerns over runaway models. Industry experts suggest that while such safeguards are being considered, the rapid pace of development may have already outpaced the implementation of effective kill switches.
Read full article → CNBC[19 Sep] Nations and corporate entities are accelerating investments in subsea technologies to protect critical underwater infrastructure from emerging vulnerabilities. This surge in funding highlights growing strategic concerns over the security of ocean floor assets, which are vital for global communications and energy distribution.
Read full article → CNBC[19 Sep] The United States plans to establish a significant military footprint in Greenland following a security agreement with the territory and Denmark. The move proceeds despite Greenland's previous assertions that it is not for sale and earlier rebukes from the European Union regarding acquisition efforts.
Read full article → CNBC[19 Sep] Consumer confidence remains subdued despite ongoing macroeconomic stability, prompting analysts to look beyond traditional financial indicators. Economists at Goldman Sachs attribute this persistent pessimism to a broader decline in societal well-being rather than immediate economic distress.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(20 Sep) Egypt's automatic fuel pricing committee faces unprecedented pressure to adjust prices as global oil exceeds $100 a barrel and the local currency weakens to around 52 pounds against the dollar. Experts note the standard 10% margin may be insufficient to cover the gap between the $75 a barrel budget assumption and actual global prices, compounded by a drop in local gas production to 3.6 billion cubic feet per day.
Read full article → Economy Plus(20 Sep) Investment banks anticipate the Central Bank of Egypt will keep the overnight deposit rate at 19% and the lending rate at 20% at its upcoming meeting, citing inflation risks from high oil prices and geopolitical tensions. Despite annual urban inflation easing to 14.5% in August, analysts argue the current economic environment leaves little room for rate cuts, while Morgan Stanley notes that foreign portfolio outflows have been significantly lower than during early 2026.
Read full article → Economy Plus(20 Sep) A Bloomberg survey conducted in September indicates that the Saudi economy is poised to record positive growth this year despite regional escalation. The survey also projects a strong recovery for the kingdom in 2027.
Read full article → Economy Plus(20 Sep) Egypt aims to reach $8 billion in digital exports by 2028 to support the communications and IT sector and localize the electronics industry. Digital exports rose to $7.4 billion in 2025 from $6.9 billion in 2024, with outsourcing services expected to hit $12 billion by 2029.
Read full article → Economy Plus(20 Sep) The Finance Ministry plans to offer 16 public-private partnership projects in water desalination, wastewater treatment, and electricity valued at $3.08 billion. The portfolio includes an $800 million desalination plant in Port Said, a $1 billion facility in Suez, and various power grid management projects.
Read full article → Economy Plus(20 Sep) The floating LNG regasification vessel Energos Winter has left Egypt for Spain to repair damage from a fire caused by a drone attack at the Damietta port in late July. The ship is scheduled to return by the end of October to resume operations, maintaining Egypt's fleet of four such vessels.
Read full article → Economy Plus(20 Sep) The Petroleum Ministry aims to save $3.7 billion annually in refined petroleum products by boosting local refinery utilization rates by 26% during the 2026-2027 fiscal year. The strategy involves increasing crude oil directed to refineries by 170,000 barrels per day to raise average throughput to 820,000 barrels per day.
Read full article → Economy Plus(20 Sep) The European Bank for Reconstruction and Development plans to lend $192 million to Shadwan Wind Energy to develop and operate a 900-megawatt wind farm in the Red Sea governorate. The project will sell electricity to the Egyptian Electricity Transmission Company under a long-term agreement, with Scatec managing operations.
Read full article → Economy Plus(20 Sep) The Electricity and Renewable Energy Minister met with Hydrovolta executives to discuss cooperation on seawater desalination and brine treatment. The proposed project aims to desalinate 10 million cubic meters of water daily by 2050, with the first phase targeting 3.35 million cubic meters and including chemical extraction.
Read full article → Economy Plus(20 Sep) Zahraa Maadi for Investment and Real Estate Development approved an offer from El Safi for real estate development to develop a 104.3 feddan plot in the city's 14th sector. The integrated residential project carries estimated contract values of 82.028 billion pounds, with Zahraa Maadi's share amounting to at least 22 billion pounds.
Read full article → Economy Plus(20 Sep) The Supreme Council for Media Regulation and the National Telecommunications Regulatory Authority issued a joint decision prohibiting children under 13 from holding independent personal accounts on social media platforms. Children aged 13 to 15 may hold accounts but must use a mandatory safe mode, with platforms given a three-month compliance deadline.
Read full article → Economy Plus(20 Sep) Misr Insurance announced the launch of a new securities offering liability insurance policy following approval from the Financial Regulatory Authority. The policy aims to protect against financial liabilities and risks arising from claims and lawsuits related to securities offerings and prospectuses.
Read full article → Economy Plus(20 Sep) GIG Egypt - Hayat Takaful achieved total written premiums of 1.524 billion pounds in the first half of 2026, with insurance revenues reaching 661.4 million pounds. The company recorded a surplus from insurance activities of 74 million pounds and net profits of 111.4 million pounds for the period.
Read full article → Economy Plus(20 Sep) The Egyptian Exchange closed with broad gains last Thursday, driven by local and Arab investor buying, pushing the main EGX30 index up 1.23% to 55,498 points. Meanwhile, increased demand for foreign currency to fund outflows caused the pound to depreciate by 1.5% against the dollar to 52.09 pounds for buying and 52.19 pounds for selling.
Read full article → Economy Plus(20 Sep) The government will begin a trial application of the program and performance budget starting in the 2027-2028 fiscal year to improve public financial management. Deputy Prime Minister for Economic Affairs Hussein Eissa reviewed the executive procedures and institutional requirements with the finance and planning ministers to prepare for the rollout.
Read full article → Economy Plus(20 Sep) The Transport Ministry plans to construct 18 bridges and axes over railway lines at a cost of about 15 billion pounds over four years to reduce level-crossing accidents. Funding will be partially sourced from the Egyptian National Railways' own resources, with the Roads and Bridges Authority covering the remainder.
Read full article → Economy Plus(20 Sep) The Financial Regulatory Authority prohibited consumer finance companies from offering installment plans for gold, silver, and precious metals to prevent the sector from being used for cash liquidation. The decision follows monitoring by the anti-fraud and anti-money laundering committee, which found that customers were easily reselling financed gold for cash.
Read full article → Economy Plus(20 Sep) Ahsal for Microfinance aims to disburse 225 million pounds to around 3,000 clients in its first year of operation, with an average loan size of 75,000 pounds. The company has commenced operations and plans to begin trial operations in the fourth quarter while applying for new licenses, including Islamic finance and SME funding.
Read full article → Economy Plus(20 Sep) Saudi Aramco has informed at least two European refining clients that they will not receive crude oil shipments next month following an attack on the East-West pipeline to the Red Sea. The suspension applies to all European buyers under term contracts, which normally guarantee a continuous monthly supply.
Read full article → Economy Plus(20 Sep) Oman's real estate price index rose 22.7% in the second quarter of 2026 compared to the same period last year, driven by residential and commercial property gains. The commercial real estate price index increased 12.4% in the quarter, supported by a 19.2% jump in commercial land prices.
Read full article → Economy Plus(20 Sep) Iraq's Transport Ministry announced the lifting of restrictions on the use of airspace in the western part of the country, handing over all previously restricted military zones to civil authorities. The move removes restrictions that have been in place since 2016, paving the way for civilian aviation use across the north-south western corridor.
Read full article → Economy Plus(20 Sep) The International Monetary Fund stated that artificial intelligence could raise Europe's productivity by about 1% over five years but may simultaneously widen inequality and strain electricity grids. A paper prepared for EU finance ministers warned that the benefits and costs of AI are unlikely to be distributed evenly across countries, regions, and workers without stronger economic integration.
Read full article → Economy Plus