The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,764.64 | +2.36% |
| Dow Jones | 51,863.69 | -0.44% |
| Nasdaq | 27,244.28 | +4.86% |
| FTSE 100 | 10,708.33 | +0.47% |
| DAX | 25,578.85 | +0.70% |
| CAC 40 | 8,154.91 | +0.18% |
| Nikkei 225 | 65,018.95 | +2.40% |
| Hang Seng | 24,896.04 | +0.74% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 54,930.90 | -0.12% |
| Instrument | Rate / Yield | Note |
|---|---|---|
| Policy corridor | ||
| Overnight deposit | 19.00% | unchanged |
| Overnight lending | 20.00% | 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 | 51.58 | -1.13% |
| EUR / USD | 1.1432 | -0.33% |
| GBP / USD | 1.3319 | -0.48% |
| USD / JPY | 157.52 | +0.97% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -0.93% · $/oz | ▼ $4,383.90 |
| WTI crude -11.26% · $/bbl | ▼ $89.01 |
| Brent crude -5.50% · $/bbl | ▼ $98.16 |
(23 Sep) Crude prices retreated amid growing optimism for a diplomatic resolution to Middle East tensions following extended talks between U.S. and Iranian officials at the United Nations. The discussions signal a potential de-escalation in regional conflicts that have previously threatened global energy supplies.
Read full article → CNBC(23 Sep) South Korean solar equities advanced as U.S. trade restrictions on Chinese solar products are anticipated to persist ahead of a high-level summit between Washington and Beijing. The continued barriers are expected to benefit alternative manufacturers by limiting cheap imports from China.
Read full article → CNBC(22 Sep) Novo Nordisk is actively evaluating mergers and acquisitions to broaden its portfolio as competition intensifies in the weight-loss drug market. The chief executive emphasized the need to look beyond obesity treatments to secure long-term growth and mitigate sector-specific risks.
Read full article → CNBC(22 Sep) JPMorgan Chase's chief executive projected that artificial intelligence investment across the hyperscaler ecosystem will reach unprecedented levels next year. This surge in capital expenditure underscores the continued aggressive buildout of computing infrastructure by major technology firms.
Read full article → CNBC(22 Sep) Qualcomm has introduced a new Android processor specifically designed for artificial intelligence workloads to counter a broader contraction in smartphone shipments. The new chipset aims to stimulate device upgrades and sustain demand amid a challenging hardware environment.
Read full article → CNBC(22 Sep) Royal Caribbean is finalizing an agreement to acquire a major equity stake in Sandals Resorts as part of a broader strategy to diversify its revenue streams. The move highlights the cruise operator's ambition to expand its footprint in the wider vacation and hospitality market.
Read full article → CNBC(22 Sep) OpenAI and Anthropic have launched new, more cost-effective artificial intelligence models, marking their first major product updates following industry calls for a pause in rapid development. The releases reflect a strategic shift toward improving efficiency and accessibility to drive broader enterprise adoption.
Read full article → CNBC(22 Sep) The U.S. Treasury Department is evaluating the viability of restricting diesel exports to alleviate domestic price pressures affecting farmers and truckers. The potential policy shift comes as lawmakers seek to address energy costs ahead of the midterm elections.
Read full article → CNBC(22 Sep) Alibaba Group shares rose in Hong Kong after the company unveiled a proprietary artificial intelligence chip and announced plans to significantly expand its global data center capacity. The announcements signal a renewed push by the Chinese technology giant to compete in the rapidly growing cloud and AI infrastructure markets.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(23 Sep) The National Bank of Egypt has received preliminary approval from the Central Bank of the UAE to acquire the local branches of Bank Misr. The move aims to reorganize their banking presence in the UAE and ensure a smooth transition of services for clients.
Read full article → Economy Plus(23 Sep) The Ministry of Communications and Information Technology is preparing to launch a national strategy for data centers by the end of 2026. Communications Minister Rabet Hindi said the initiative will support the digital economy, host data, and run artificial intelligence applications.
Read full article → Economy Plus(23 Sep) Egypt is moving to develop 1 gigawatt of infrastructure dedicated to artificial intelligence and data centers, according to Nvidia's Vice President for EMEA, Marc Dominique. He added that these capabilities will support sovereign AI applications and allow the export of services to African markets.
Read full article → Economy Plus(23 Sep) Deutsche Bank expects the Central Bank of Egypt to keep its overnight deposit and lending rates unchanged at 19% and 20%, respectively, at tomorrow's meeting. A Reuters poll also indicates the central bank will hold rates steady amid regional risks and rising global energy prices.
Read full article → Economy Plus(23 Sep) Egypt's tourism revenues reached $12 billion in the first eight months of the year, up 1.7% from $11.8 billion in the same period last year. The number of incoming tourists also increased to 12.7 million, compared to 12.2 million a year earlier.
Read full article → Economy Plus(23 Sep) Egypt's imports of US natural gas surged 236% year-on-year in June 2026 to about 86 billion cubic feet, according to the US Energy Information Administration. Egypt received 26 shipments of US gas during the month, ranking first among importing countries.
Read full article → Economy Plus(23 Sep) An Egyptian-Spanish consortium has been selected to build a wastewater treatment plant in 6th of October City with a capacity of 150,000 cubic meters per day. The project requires investments of between $230 million and $250 million, with the final contract expected to be signed soon.
Read full article → Economy Plus(23 Sep) Businessman Tarek Khalil is studying the establishment of an investment bank in the Egyptian market through his company Misr Exterior. The move is part of a strategy to build an integrated financial platform, starting with the recently founded Index Hub for securities trading.
Read full article → Economy Plus(23 Sep) The Financial Regulatory Authority has approved Misr Life Insurance's request to split the nominal value of its shares. The FRA also approved calling an extraordinary general assembly to reduce the nominal value to 1 EGP from 10 EGP per share.
Read full article → Economy Plus(23 Sep) Cairo Capital is preparing to launch a new investment fund to finance the industrial sector in the fourth quarter of 2026, with a total target size of 2.5 billion EGP. The fund will provide an average of 200 million EGP per transaction, with financing limits ranging from 50 million to 375 million EGP.
Read full article → Economy Plus(23 Sep) Madinet Masr has officially introduced its subsidiary, Doors Real Estate, to the market after achieving cumulative sales of 122 billion EGP since its inception in April 2024. The company operates through two main lines of business: Doors Consultancy and Doors Brokerage, serving the residential and commercial sectors.
Read full article → Economy Plus(23 Sep) The Egyptian Exchange closed lower on Tuesday, with the main EGX30 index dropping 0.12% to 54,930 points amid local buying and Arab and foreign selling. Meanwhile, Arab and foreign investors recorded a strong return in the secondary government debt market, achieving net purchases of $775.4 million.
Read full article → Economy Plus(23 Sep) BP plans to accelerate the connection of the Fioum 5 well in the North Alexandria offshore concession to the production network. The well is expected to produce 70 million cubic feet of gas per day, requiring investments of about $150 million.
Read full article → Economy Plus(23 Sep) The Ministry of Supply and Internal Trade is studying the establishment of an integrated logistics center for grains and financing with the European Investment Bank. The project aims to enhance storage capacities and improve the handling of strategic commodities, with plans to include it in 2027 cooperation projects.
Read full article → Economy Plus(23 Sep) Prime Minister Mostafa Madbouly offered Austria's Federal Chancellor Christian Stocker the opportunity to establish an Austrian logistics zone in the Suez Canal Economic Zone. The proposed zone would serve as a launchpad for Austrian exports to the Arab world and African markets.
Read full article → Economy Plus(23 Sep) Ezz Steel intends to raise rebar prices by about 2.5% per tonne starting in October, bringing the ex-factory price to 40,850 EGP from 39,850 EGP. The company will also increase the price of iron coils by 1,000 EGP to reach 38,000 EGP, though building materials traders report a sharp market slump.
Read full article → Economy Plus(23 Sep) The Ministry of Investment and Foreign Trade launched the third station of its Egypt Exports initiative in Damietta governorate. Minister of Investment and Foreign Trade Mohamed Farid said the initiative aims to expand the base of beneficiary companies and encourage more firms to enter the export system.
Read full article → Economy Plus(23 Sep) Al Baraka Bank Egypt has acquired a 68.41% stake in Al Tawfik Financial Leasing from Arab Investments Company through a share swap valued at 1.365 billion EGP. The transaction increases Al Baraka Bank's ownership in the leasing company to 76.06% and involves issuing 52.527 million new shares.
Read full article → Economy Plus(23 Sep) The Egyptian Competition Authority has referred two general contracting companies to the public prosecution for coordinating bids. The firms violated the competition law by colluding on practices announced by the National Media Authority for structural reinforcement work on television transmission masts in the Red Sea governorate.
Read full article → Economy Plus(23 Sep) The first tournament of the Asian Development Tour golf championship launched at the Madinaty Golf Club on Tuesday. The international event features top professional players and aims to boost Egypt's presence on the global golf map.
Read full article → Economy Plus(23 Sep) Saudi Arabia is testing the East-West pipeline with the aim of restarting it this week, according to sources. The kingdom also expects to resume oil shipments from the Red Sea port of Yanbu, which were halted as a precaution after a drone attack on September 10.
Read full article → Economy Plus(23 Sep) Saudi Arabia's crude oil exports rose to a four-month high in July, reaching 4.125 million barrels per day, up from 3.994 million bpd in June. Crude production also increased to 8.135 million bpd in July, compared to 7.122 million bpd in the previous month.
Read full article → Economy Plus(23 Sep) Jordan's state grain buyer purchased about 60,000 tonnes of hard milling wheat from optional origins in an international tender. The purchase is believed to have been made from Bulgarian company Bildcom at an estimated $332 per tonne cost, insurance, and freight, for shipment in the first half of November.
Read full article → Economy Plus(23 Sep) UN Secretary-General Antonio Guterres urged world leaders to regulate artificial intelligence and establish a multilateral charter to manage its risks. Speaking at the UN General Assembly, he warned that the rapid development of advanced models poses increasing challenges and called for shared safety guarantees.
Read full article → Economy Plus