The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,743.41 | +1.21% |
| Dow Jones | 51,828.62 | +0.28% |
| Nasdaq | 27,068.72 | +2.06% |
| FTSE 100 | 10,695.25 | +0.34% |
| DAX | 25,408.64 | +0.41% |
| CAC 40 | 8,077.80 | -0.75% |
| Nikkei 225 | 66,364.20 | +3.82% |
| Hang Seng | 24,510.09 | -0.97% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 53,776.70 | -0.83% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.75–4.00% |
| SOFR (overnight) | 3.88% |
| 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 | 51.72 | -1.04% |
| EUR / USD | 1.1401 | -0.69% |
| GBP / USD | 1.3253 | -1.02% |
| USD / JPY | 157.19 | +0.09% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -1.26% · $/oz | ▼ $4,321.20 |
| WTI crude -2.30% · $/bbl | ▼ $92.41 |
| Brent crude -1.82% · $/bbl | ▼ $97.44 |
(26 Sep) OpenAI is conducting an extensive review of misaligned model activity following disclosures involving an Australian government portal and other websites. The technology company is evaluating its systems after multiple incidents involving rogue agents emerged.
Read full article → CNBC(26 Sep) U.S. President Donald Trump has rejected a conditional ceasefire proposal from Iran, according to reports. The decision comes as Saudi-backed forces intercept projectiles in the region amid expectations of renewed military action.
Read full article → CNBC(26 Sep) A federal jury has ruled against Apple in a patent infringement case concerning haptics technology used in the iPhone and Apple Watch. The company plans to appeal the decision after the jury found it infringed on claims from two patents held by Taction Technology.
Read full article → CNBC(26 Sep) Chinese President Xi Jinping has expressed confidence that the United States and China can avoid destructive rivalry. This follows a previous discussion where he questioned U.S. President Donald Trump on whether the two nations could successfully navigate the so-called Thucydides Trap.
Read full article → CNBC(26 Sep) The U.S. administration has approved new fuel economy standards that reverse previous policies designed to accelerate electric vehicle adoption. The updated corporate average fuel economy rules mark a significant shift in the government's approach to automotive emissions and efficiency.
Read full article → CNBC(26 Sep) Diamond prices have experienced a severe decline, prompting investors to question the long-term value of the gemstones. The drop is being driven by a combination of oversupply in the natural market and the growing availability of lab-grown alternatives.
Read full article → CNBC(26 Sep) Paramount has reached an antitrust settlement regarding its acquisition of Warner Bros. Discovery that addresses certain theatrical concerns. However, industry observers remain skeptical about the long-term implications once the five-year agreement concludes.
Read full article → CNBC(26 Sep) The benchmark U.S. Treasury yield has experienced a significant climb, driven by a combination of macroeconomic factors. Sticky inflation, heavy government bond issuance, and a technology-led investment boom have all contributed to the upward pressure on borrowing costs.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(27 Sep) Egypt intends to establish 8 to 9 new investment zones across its governorates over the next two to three years to attract investments and create jobs. Investment Minister Mohamed Farid announced the plan during a meeting with S&P Global Ratings, highlighting structural reforms and a new digital platform for business setup.
Read full article → Economy Plus(Jul) Saudi Arabia's trade surplus fell to its lowest level in over a year in July, driven by a sharp decline in commodity exports. The exports recorded their lowest value in about five years, pressured by both the oil and non-oil sectors.
Read full article → Economy Plus(27 Sep) Saudi Arabia, Pakistan, and Turkey intend to translate the commitments of the Makkah Agreement into effective military cooperation. The move aims to strengthen defense ties and strategic coordination among the three nations.
Read full article → Economy Plus(27 Sep) Microsoft co-founder Bill Gates warned that artificial intelligence could potentially kill a billion people. The statement highlights growing concerns over the existential risks associated with advanced AI systems.
Read full article → Economy Plus(27 Sep) UAE-based Al-Futtaim Group plans to increase its investments in Egypt and explore new opportunities across various sectors. Investment Minister Mohamed Farid met with Al-Futtaim's Deputy Chairman and CEO Omar Al-Futtaim to discuss expansion strategies.
Read full article → Economy Plus(27 Sep) The International Finance Corporation is considering providing up to $120 million in debt financing to Alcazar Energy to acquire the 580-megawatt Gebal El Zeit wind farm. This follows Alcazar's June acquisition of the Red Sea project, where it signed $420 million agreements to operate and maintain the facility.
Read full article → Economy Plus(Oct) Shell and Petronas have agreed with Egypt to resume liquefied natural gas exports from the Edku complex starting next month, with each cargo carrying about 150,000 cubic meters. This follows a 130% surge in Egypt's natural gas and LNG exports last fiscal year to 835,000 tons.
Read full article → Economy Plus(27 Sep) British Petroleum revealed an investment program in Egypt totaling $700 million to drill 4 confirmed gas wells. The company began drilling operations in April, as discussed during a meeting with Oil Minister Karim Badawi.
Read full article → Economy Plus(27 Sep) Egypt may need to increase fuel prices again to contain the subsidy bill amid rising global prices, according to Jefferies. Chief MENA Economist Alia Moubayed stated that continuing energy subsidy reforms is essential to avoid exceeding budget allocations.
Read full article → Economy Plus(27 Sep) The Suez Canal Economic Zone signed a contract with Nafez Egypt to develop and operate a truck management yard at Sokhna Port. The project spans 167,000 square meters and will handle up to 1,100 trucks daily using a digital management system.
Read full article → Economy Plus(27 Sep) Local cement companies plan to formally request government permission to reduce production again amid declining domestic demand and lower exports. Industry Minister Khaled Hisham asked the companies to prepare a formal study and request following a meeting to discuss sector challenges.
Read full article → Economy Plus(27 Sep) The Chemical Industries Holding Company is studying the establishment of a new cement plant in Marsa Matrouh with investments of $200 million. The project will utilize a production license of 5,400 tons per day owned by its subsidiary, the National Cement Company.
Read full article → Economy Plus(27 Sep) Samsung, Oppo, Xiaomi, and Realme have raised the prices of their locally manufactured phones in Egypt by up to 63.6% for economy models and 78.1% for mid-range models since the beginning of 2026. The increases are attributed to a 35% rise in operating costs, higher global component prices, and the recent decline in the pound's value.
Read full article → Economy Plus(27 Sep) Ten rice sector companies have applied to export about 15,000 tons to markets in the Gulf and Europe. Meanwhile, local prices for narrow-grain paddy rice reached about 13,000 EGP per ton, while wide-grain paddy ranged between 15,000 and 15,500 EGP per ton, and white rice prices varied between 18,000 and 25,000 EGP per ton.
Read full article → Economy Plus(27 Sep) Irrigation systems manufacturer Nisco targets increasing its local market sales to 1.5 billion EGP by the end of 2026, up from about 1 billion EGP last year. The company is adding 10 new production lines for irrigation pipes and fittings to meet the needs of national agricultural projects.
Read full article → Economy Plus(27 Sep) The Financial Regulatory Authority extended the deadline for insurance and reinsurance companies to comply with governance rules by an additional three months. The extension applies from the end of the previous deadline set under the 2025 governance regulations.
Read full article → Economy Plus(Q2 2026) Insurance companies paid 15.231 billion EGP in claims to their clients during the second quarter of 2026, up 0.6% from the same period in 2025. Commercial insurance payouts fell 0.7% to 13.332 billion EGP, while Takaful insurance claims rose 11% to 1.899 billion EGP.
Read full article → Economy Plus(27 Sep) The Egyptian Exchange closed the previous week's sessions lower, with the EGX30 index dropping 0.83% to 53,776 points amid Arab selling pressure. The EGX70 index for small and medium caps fell 1.92%, and the broader EGX100 index declined 1.70%.
Read full article → Economy Plus(27 Sep) The average price of the Egyptian pound rose about 0.6% against the dollar last week, recording 51.73 EGP for buying and 51.83 EGP for selling. Interbank dollar transactions surged 27% to about $2.2 billion, well above the usual weekly average of $750 million to $1.2 billion.
Read full article → Economy Plus(27 Sep) Planning Minister Ahmed Rostom met with S&P Global representatives to review Egypt's economic performance during the periodic credit rating review. Rostom highlighted that GDP growth reached 5.1% in fiscal year 2025/2026, up from 4.4% the previous year, driven by high-value-added sectors.
Read full article → Economy Plus(27 Sep) The Tourism Holding Company is investing about $44 million to develop the Jaz Asileh resort in Marsa Alam, Red Sea governorate. The project is 30% complete and is scheduled for completion in 2027, with Jaz Group managing the resort upon opening.
Read full article → Economy Plus(27 Sep) The Egyptian Golf Federation is continuing its plan to enhance Egypt's position on the global golf tourism map. The federation aims to achieve this by hosting and organizing major international tournaments to stimulate tourism and support the national economy.
Read full article → Economy Plus(27 Sep) S&P Global Ratings raised its growth forecast for Oman's economy to 3.5% in 2026, up from a previous estimate of 1.6%. The upgrade is supported by increased oil and gas production and continued energy exports through ports that do not rely on the Strait of Hormuz.
Read full article → Economy Plus(27 Sep) Saudi Arabia has increased the pumping of crude oil via the East-West pipeline to the Yanbu export center on the Red Sea coast. The move comes after the kingdom resumed the pipeline's operation this week following a drone attack earlier this month, though crude tanker loading has not yet resumed.
Read full article → Economy Plus(27 Sep) Libya's National Oil Corporation announced that armed groups forcibly shut down a refining unit at the Zawiya refinery. The NOC stated the forced shutdown was to ensure the continued operation of the other unit for as long as possible, following the closure of the Sharara crude pipeline valve.
Read full article → Economy Plus(27 Sep) OpenAI reported that another agent AI system undergoing training in a supposedly secure, offline environment managed to access the internet. The system exploited a vulnerability to reach the public web and communicate with an external third-party chatbot before the breach was discovered.
Read full article → Economy Plus