The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,706.03 | +2.04% |
| Dow Jones | 51,511.59 | +0.10% |
| Nasdaq | 26,936.04 | +3.69% |
| FTSE 100 | 10,705.26 | +0.16% |
| DAX | 25,410.63 | -0.50% |
| CAC 40 | 8,123.41 | -0.78% |
| Nikkei 225 | 65,653.46 | +3.42% |
| Hang Seng | 24,704.75 | +0.41% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 54,224.90 | -1.29% |
| 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) | 3.87% |
| 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 | 51.37 | -1.41% |
| EUR / USD | 1.1383 | -0.81% |
| GBP / USD | 1.3240 | -0.88% |
| USD / JPY | 157.98 | +1.18% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -1.44% · $/oz | ▼ $4,320.80 |
| WTI crude -4.54% · $/bbl | ▼ $91.43 |
| Brent crude -2.94% · $/bbl | ▼ $97.39 |
(24 Sep) The United States and China have agreed to extend their current trade truce into the new year, providing additional time for Beijing to fulfill outstanding economic deliverables. The extension comes as Chinese President Xi Jinping begins a state visit, signaling a temporary de-escalation in bilateral trade tensions.
Read full article → CNBC(24 Sep) Chinese authorities have reportedly seized restricted components of a fighter jet that were being shipped from Australia to the United States. The diversion of the cargo to Hong Kong highlights ongoing vulnerabilities in global supply chains and export control enforcement.
Read full article → CNBC(24 Sep) Global food security is deteriorating as climate shocks, regional conflicts and a worldwide fuel crisis converge to drive up commodity prices. Experts warn that reduced international aid and surging borrowing costs are severely limiting the capacity of humanitarian agencies to support vulnerable populations.
Read full article → CNBC(24 Sep) Crude oil prices retreated as traders digested reports indicating that Asian refiners are on track to import record volumes of crude since the onset of the regional conflict. The surge in physical demand from the region is temporarily offsetting broader geopolitical risk premiums in the energy market.
Read full article → CNBC(24 Sep) Government bond yields across major advanced economies surged to multi-decade highs, driven by shifting monetary policy expectations and robust economic data. The synchronized sell-off in both American and Japanese debt markets underscores growing investor concerns over persistent inflation and elevated borrowing costs.
Read full article → CNBC(24 Sep) SoftBank Group saw its equity rally after the Japanese conglomerate successfully priced a major bond issuance to finance its strategic investment in OpenAI. The capital raise underscores the continued appetite for artificial intelligence ventures despite broader volatility in global technology valuations.
Read full article → CNBC(24 Sep) Apple is poised to expand its market share in India following its latest smartphone launch, capitalizing on the struggles of dominant Chinese competitors. The shift highlights a broader premiumization trend in a major smartphone market as local consumer purchasing power evolves.
Read full article → CNBC(24 Sep) Energy industry experts are cautioning that a potential ban on diesel exports would ultimately lead to higher domestic fuel prices by forcing refiners to cut production. The warning comes as the administration considers trade restrictions aimed at providing immediate relief at the pump amid ongoing supply constraints.
Read full article → CNBC(23 Sep) Financial markets are increasingly pricing in another interest rate increase next month following unexpectedly strong services and manufacturing data. The shift in expectations reflects growing concern among investors that underlying inflation remains too persistent for the central bank to pause its tightening cycle.
Read full article → CNBC(23 Sep) Ukraine has signaled its willingness to halt attacks on critical energy infrastructure, proposing a targeted ceasefire to stabilize the power grid ahead of winter. President Volodymyr Zelenskyy also called for a summit with Russian and American leadership to negotiate a broader diplomatic resolution to the conflict.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(24 Sep) The Industrial Development Authority allocated over 300,000 square meters of land across eight zones in its first lease-to-own industrial land offering. The initiative aims to provide non-traditional investment solutions to stimulate the private sector and reduce initial financial burdens on investors.
Read full article → Economy Plus(24 Sep) Egypt's natural gas imports increased 27% month-on-month to 3.303 billion cubic meters in July, according to Jodi data. The rise coincided with a 1.5% drop in domestic production to 3.64 billion cubic feet per day and a 9.8% jump in consumption.
Read full article → Economy Plus(24 Sep) The European Bank for Reconstruction and Development approved a $32.1 million investment in RWD Investments BV, a water infrastructure platform owned by Hassan Allam Utilities. The funding will support the company's medium-term expansion plan and cover development costs for major public-private partnership projects in Egypt's water sector.
Read full article → Economy Plus(24 Sep) Intro Holding plans to build the Kemet data center in the Sokhna Integrated Industrial Zone, part of the Suez Canal Economic Zone, with initial investments of $270 million. Communications Minister Rafat Hindi held a meeting with the company's board to follow up on the project's execution plans.
Read full article → Economy Plus(24 Sep) Saudi Telecom Company acquired an 11.81% minority stake in Giza Systems in a deal valued at 1.8 billion EGP. The transaction, executed via the Egyptian Exchange's over-the-counter market, completes the acquirer's full ownership of the company following its initial 88.19% purchase in 2022.
Read full article → Economy Plus(22 Sep) An arbitration tribunal in The Hague dismissed a case brought by Saudi investor Hashem Al-Mahdar and his family, who sought over $34 billion in damages over construction projects in Egypt. The tribunal ruled it lacked jurisdiction and ordered the claimants to bear all arbitration and legal representation costs for the Egyptian state.
Read full article → Economy Plus(24 Sep) Three Egyptian steel factories increased rebar selling prices by 1,000 to 1,800 EGP per ton, driven by rising billet costs and import restrictions. Ezz Steel and Al Garahi Steel raised prices by 1,000 EGP per ton, while Al Marakby Steel implemented the maximum increase of 1,800 EGP per ton.
Read full article → Economy Plus(24 Sep) National Bank of Egypt's preliminary approval to acquire Banque Misr's branches in the UAE provides an organized exit for the latter while maintaining customer rights. However, legal experts note the ownership change does not grant the transferred business immunity from any final US sanctions related to prior transactions involving $1.8 billion linked to Iranian shadow banking networks.
Read full article → Economy Plus(24 Sep) The Central Bank of Egypt's Monetary Policy Committee is meeting to decide on interest rates, which have been held at 19% for deposits and 20% for lending over the last four meetings. Annual urban inflation slowed to 14.5% in August, but regional risks and higher energy prices are prompting policymakers to maintain a cautious stance.
Read full article → Economy Plus(24 Sep) The Saudi Capital Market Authority has drafted new regulatory provisions to enhance primary offering practices and improve capital allocation efficiency. The proposals are open for public and market participant consultation until October 22.
Read full article → Economy Plus(24 Sep) Saudi Arabia has resumed operations at its East-West pipeline, according to Reuters. The move comes as the kingdom seeks to optimize its oil export routes and infrastructure utilization.
Read full article → Economy Plus(24 Sep) Talaat Moustafa Group Saudi and Rawshan have entered into a partnership to develop a new real estate project in Riyadh. The collaboration aims to expand their residential and commercial footprint in the Saudi capital.
Read full article → Economy Plus(24 Sep) Egypt's non-oil merchandise exports increased 4% year-on-year to $33.6 billion during the first eight months of 2026, according to Minister of Investment and Foreign Trade Mohamed Farid. Excluding the impact of certain exceptional products, the underlying growth rate for non-oil exports reached approximately 12% over the same period.
Read full article → Economy Plus(24 Sep) Exports of Egyptian ready-made garments rose 16% year-on-year to $2.53 billion in the first eight months of 2026, up from $2.18 billion a year earlier. In August alone, garment exports grew 23% to $382 million, according to the Ready-Made Garments Export Council.
Read full article → Economy Plus(24 Sep) BP's Executive Vice President for Production and Operations is visiting Egypt as the company advances exclusive negotiations with Energean. The potential deal, reported to be worth around $1 billion, involves the sale of BP's oil and gas assets in Egypt, including its stakes in the offshore West Nile Delta projects and the Tamsah concession.
Read full article → Economy Plus(24 Sep) Egyptian consumers are facing record-high local food prices, despite global food commodity prices remaining well below their post-Ukraine war peaks. The surge is primarily driven by the Egyptian pound losing more than two-thirds of its value against the dollar over the past four and a half years, compounded by rising tensions in the Black Sea.
Read full article → Economy Plus(24 Sep) Bakeries in Egypt have raised the prices of tourist bread and fino bread. The increases reflect ongoing cost pressures within the local baking and food sector.
Read full article → Economy Plus(24 Sep) Egypt's rice production is projected to increase by 19% in the upcoming agricultural season. The forecast signals a strong recovery in domestic output for the staple crop.
Read full article → Economy Plus(23 Sep) The Egyptian Exchange saw broad declines on Wednesday, with the main EGX30 index dropping 1.29% to close at 54,224.93 points amid net selling by foreign and Arab investors. Local investors were the sole net buyers, acquiring 546.7 million EGP, while the dollar weakened by 16 piasters against the pound in the official market.
Read full article → Economy Plus(24 Sep) Egypt's government debt-to-GDP ratio increased to 79.7% in the second quarter of 2026, up from 78.3% in the same period last year, according to the Institute of International Finance. This compares to an emerging markets average of 76.8% and an African average of 62.2%.
Read full article → Economy Plus(24 Sep) Shalatin Mineral Wealth increased its gold production by 9.6% year-on-year to over 850 kilograms in the first nine months of 2026. The growth was driven by higher output from the Iqat gold mine and the artisanal mining system, with deliveries to the Central Bank of Egypt rising by 75 kilograms.
Read full article → Economy Plus(24 Sep) The Egyptian Drug Authority will begin implementing a drug tracking system for approximately 1,300 imported pharmaceutical items supplied to the Unified Procurement Authority. The final rollout is scheduled for early October, following ongoing technical and operational reviews with manufacturers and distributors.
Read full article → Economy Plus(24 Sep) Global shipping lines are planning to resume and increase their voyages through the Suez Canal in the coming period. The shift comes as regional developments have renewed the canal's appeal as the shortest and fastest maritime route between the East and the West.
Read full article → Economy Plus(24 Sep) The initial board of the Egyptian Real Estate Developers Union will be formed by direct appointment for a three-year term, after which elections will be held. The union's executive bylaws will also include a classification system for developers into five to seven tiers based on their financial and technical capabilities to prevent project defaults.
Read full article → Economy Plus(24 Sep) The Social Housing and Mortgage Finance Fund is close to signing contracts for a total area of 390 feddans across eight new cities with 19 private sector companies. The agreements are part of the public-private partnership program, following the selection of 19 firms from 103 applicants.
Read full article → Economy Plus(24 Sep) The Ministry of Industry announced the launch of Egypt's first locally made industrial robot, developed with an 80% local component ratio. The initiative is a collaboration between the Industrial Modernization Centre, Raed Bots, and Qubi, aiming to localize technology and deepen domestic manufacturing.
Read full article → Economy Plus(24 Sep) Microsoft intends to invest more than $10 billion in the UAE, Saudi Arabia, Qatar, and Kuwait by 2030, focusing on cloud and artificial intelligence infrastructure. Vice Chairman and President Brad Smith stated the company is continuing and expanding investments planned prior to the conflict with Iran.
Read full article → Economy Plus(24 Sep) Kuwait raised 100 million KWD ($323.6 million) through a government bond issuance maturing in 2033, priced at a yield of 3.625%. The offering was oversubscribed by more than three times, reflecting strong institutional demand and confidence in the country's creditworthiness.
Read full article → Economy Plus(24 Sep) Iraq is currently exporting more than 3 million barrels per day of crude oil, with shipments via the Turkish port of Ceyhan reaching 600,000 bpd. Oil Minister Basem Khudair noted that total oil exports for August reached approximately 70 million barrels.
Read full article → Economy Plus(24 Sep) The yield on the US 10-year Treasury note reached 5.081%, its highest level since July 17, 2007, before settling slightly lower at 5.073%. The rise comes as investors monitor negotiations to end the Middle East conflict ahead of the anticipated US-China summit.
Read full article → Economy Plus