The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,704.13 | +0.87% |
| Dow Jones | 51,349.98 | -0.83% |
| Nasdaq | 26,939.37 | +1.97% |
| FTSE 100 | 10,679.99 | -1.26% |
| DAX | 25,266.53 | -1.75% |
| CAC 40 | 8,081.43 | +0.20% |
| Nikkei 225 | 66,224.98 | +3.60% |
| Hang Seng | 24,343.19 | -1.65% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 53,776.70 | -0.83% |
| 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 | 51.73 | -1.02% |
| EUR / USD | 1.1373 | -0.93% |
| GBP / USD | 1.3212 | -1.32% |
| USD / JPY | 158.37 | +0.84% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -1.84% · $/oz | ▼ $4,303.20 |
| WTI crude -2.81% · $/bbl | ▼ $93.09 |
| Brent crude +5.28% · $/bbl | ▲ $105.64 |
(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 aims to maintain stability in bilateral economic relations during the ongoing state visit.
Read full article → CNBC(25 Sep) Chinese President Xi Jinping called for enhanced bilateral cooperation in artificial intelligence during his White House meeting with U.S. President Donald Trump. The push for collaboration comes as both nations navigate complex geopolitical tensions and rapid technological advancements.
Read full article → CNBC(24 Sep) Rising government borrowing costs are presenting a fresh challenge for the Federal Reserve as it navigates its monetary policy decisions. Markets anticipate a firmer approach to inflation, though the surging debt market complicates the central bank's strategy.
Read full article → CNBC(24 Sep) Major industry groups have formally urged the administration to reject a proposed ban on diesel exports, citing severe domestic economic consequences. The warning follows a sharp increase in national fuel costs, which business leaders argue would be exacerbated by restricting overseas shipments.
Read full article → CNBC(24 Sep) Political instability in France is intensifying as the government struggles to pass a new budget amidst a ballooning national deficit. Strategists warn that the prolonged fiscal uncertainty is eroding confidence in French government bonds and complicating the nation's economic outlook.
Read full article → CNBC(24 Sep) Oracle has issued a force majeure notice regarding a major data center initiative, seeking to delay payments if the facility fails to meet its completion deadline. The move triggered a decline in the company's shares as investors reassessed the project's financial and operational risks.
Read full article → CNBC(24 Sep) Apple is poised to expand its market share in India with its latest smartphone launch, capitalizing on the struggles of dominant Chinese competitors. This growth highlights the increasing importance of the Indian consumer market for global technology manufacturers.
Read full article → CNBC(24 Sep) Hyundai is projected to surpass Ford in third-quarter sales, driven by consumer demand for hybrid vehicles that Detroit automakers currently lack. Analysts note that the limited hybrid offerings from U.S. legacy automakers are causing them to lose market momentum.
Read full article → CNBC(24 Sep) A severe sell-off in the bond market is disproportionately damaging smaller U.S. companies, even as the broader equity market remains resilient. Traders warn that the liquidation is creating significant headwinds for small-cap stocks amid rising borrowing costs and higher crude oil prices.
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 Industrial Development Authority allocated over 300,000 square meters of land across eight zones under its first lease-to-own industrial land initiative. The allocated areas are distributed among Borg El Arab, Wadi El Natrun, Katameya, 10th of Ramadan, New 6th of October, Sadat, New Tiba, and New Akhmem.
Read full article → Economy Plus(24 Sep) Egypt's natural gas imports increased by 27% month-on-month to 3.303 billion cubic meters in July 2026, up from 2.59 billion cubic meters in June. The rise coincided with a 1.5% decline in domestic gas production to 3.64 billion cubic feet per day and a 9.8% increase in consumption to 7.4 billion cubic feet per day.
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 subsidiary of Hassan Allam Utilities. The funding will support RWD's medium-term expansion plan as a water infrastructure platform and cover development costs for major public-private partnership projects in Egypt's water sector.
Read full article → Economy Plus(24 Sep) Intro Holding Group plans to build the Chemite data center in the Sokhna Integrated Industrial Zone, part of the Suez Canal Economic Zone, with initial investments of $270 million. Communications Minister Raafat Hindi held a meeting with Intro board member Sherif Mohamed Abdel-Fattah to review the project's executive plans.
Read full article → Economy Plus(24 Sep) Saudi Telecom Company (STC) acquired an 11.81% minority stake in Giza Systems in a deal valued at 1.8 billion Egyptian pounds. The transaction completes the main acquisition process executed by solutions by stc in 2022, which gave it an 88.19% stake in the company.
Read full article → Economy Plus(22 Sep) Egypt's State Cases Authority won an international arbitration case filed by Saudi investor Hashem Al-Mahdar and his family at the Permanent Court of Arbitration in The Hague. The tribunal dismissed all claims exceeding $34 billion and ordered the investors to bear all arbitration costs and the state's legal representation fees.
Read full article → Economy Plus(24 Sep) Three Egyptian steel mills increased their rebar selling prices by 1,000 to 1,800 Egyptian pounds per ton amid ongoing billet supply constraints and rising local raw material costs. Ezz Steel raised prices by 1,000 pounds per ton effective October 1, while Al-Marakby Steel implemented the largest increase of 1,800 pounds per ton.
Read full article → Economy Plus(24 Sep) The National Bank of Egypt's preliminary approval to acquire Banque Misr's branches in the UAE facilitates an orderly exit for Banque Misr while transferring operations to another state-owned bank. However, legal experts note the deal does not necessarily shield the transferred assets from potential final US actions related to past transactions involving over $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 set to decide on interest rates at its sixth meeting this year, having held the deposit rate at 19% and the lending rate at 20% for the past four meetings. Annual city inflation slowed to 14.5% in August, but regional risks and rising energy prices are prompting policymakers to exercise caution.
Read full article → Economy Plus(24 Sep) The Saudi Capital Market Authority drafted new regulatory provisions to improve initial public offering practices and enhance capital allocation efficiency. The authority has opened the draft for public and market participant consultation for a month until October 22.
Read full article → Economy Plus(24 Sep) Saudi Arabia has resumed operations of its East-West oil pipeline, according to a report by Reuters. The move restores a key export route for the kingdom's crude oil.
Read full article → Economy Plus(24 Sep) Talaat Moustafa Saudi Arabia and ROSHN have formed a partnership to develop a new real estate project in Riyadh. The collaboration aims to expand their joint footprint in the Saudi capital's growing property market.
Read full article → Economy Plus(24 Sep) Egypt's non-oil commodity exports increased by 4% year-on-year to $33.6 billion in the first eight months of 2026, according to Minister of Investment and Foreign Trade Mohamed Farid. Farid noted that non-oil export growth reached approximately 12% during the same period after neutralizing the impact of certain exceptional products.
Read full article → Economy Plus(24 Sep) Egypt's ready-made garment exports rose by 16% year-on-year to $2.53 billion in the first eight months of 2026, up from $2.18 billion in the same period of 2025. In August alone, garment exports grew by 23% to $382 million, compared to $310 million in August 2025.
Read full article → Economy Plus(24 Sep) Gordon Birrell, BP's Executive Vice President for Production and Operations, is visiting Egypt as exclusive negotiations advance between the British company and Energean. The talks concern the acquisition of several of BP's oil and gas assets in Egypt, a deal Reuters reported in August could yield around $1 billion for BP.
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 actual implementation of its drug tracking system for all items supplied to the Unified Procurement Authority in early October. The system will cover around 1,300 imported drug items and several locally manufactured products supplied through government procurement.
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 amid regional developments. Yang Ming Line's branch manager Ashraf Sami stated that the Taiwanese carrier is seriously studying a return to Suez Canal transit.
Read full article → Economy Plus(24 Sep) Khaled Seddik, head of the Urban Development Fund, announced that the first board of the real estate developers syndicate will be appointed directly for a three-year term. Elections for the syndicate will be held after this initial period concludes.
Read full article → Economy Plus(24 Sep) The Social Housing and Mortgage Finance Fund is nearing the signing of contracts for a total area of 390 feddans across eight new cities with 19 private sector companies. The fund received 137 applications from 103 companies for partnership projects on 19 land plots and selected 19 companies for the final agreements.
Read full article → Economy Plus(24 Sep) Egypt has launched its first locally manufactured industrial robot, developed with an 80% local component that is targeted to reach 90% soon. The launch is a collaboration between the Industrial Modernization Center, Raed Bots, and Quby, aiming to localize technology and integrate the robot with actual industrial applications.
Read full article → Economy Plus(24 Sep) Microsoft plans to invest more than $10 billion in the UAE, Saudi Arabia, Qatar, and Kuwait by 2030, focusing on cloud services and artificial intelligence infrastructure. Brad Smith, vice chair and president, stated the company is continuing and expanding investments planned before the war with Iran.
Read full article → Economy Plus(24 Sep) Kuwait raised 100 million Kuwaiti dinars ($323.6 million) through a government bond issue maturing in 2033. The bonds were priced with a yield of 3.625%, attracting investor demand that exceeded the offered amount by more than three times.
Read full article → Economy Plus(24 Sep) Iraq is currently exporting more than 3 million barrels of oil per day, with crude transport via the Turkish port of Ceyhan boosting exports through that route to 600,000 barrels per day. Oil Minister Bassam Khdir noted that August exports reached approximately 70 million barrels.
Read full article → Economy Plus(24 Sep) The yield on the 10-year US Treasury note reached 5.081%, its highest level since July 17, 2007, before trading slightly lower at 5.073%. The rise comes as investors monitor negotiations to end the Middle East war ahead of an anticipated US-China summit.
Read full article → Economy Plus(23 Sep) The Egyptian Exchange's EGX30 index fell by 1.29% to close at 54,224.93 points, while the EGX70 EWI and EGX100 indices declined by 1.16% and 1.14%, respectively. Egyptian investors were the only net buyers with 546.7 million Egyptian pounds, offsetting net sales of 466.3 million pounds by foreigners and 80.4 million pounds by Arabs.
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. The ratio remains above the emerging markets average of 76.8% and the African average of 62.2%.
Read full article → Economy Plus(24 Sep) Egyptian consumers are facing record-high local food prices, even as global food prices remain well below their peaks following the outbreak of the Russia-Ukraine war. The divergence is 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 escalating tensions in the Black Sea.
Read full article → Economy Plus(24 Sep) The prices of tourist bread and fino have increased in local markets amid rising production costs. Bakeries have adjusted their pricing to reflect the higher expenses of raw materials and operations.
Read full article → Economy Plus(24 Sep) Egypt's rice production is expected to increase by 19% in the new agricultural season. The forecast reflects improved yields and expanded cultivation areas for the staple crop.
Read full article → Economy Plus