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 | 66,382.43 | +3.50% |
| Hang Seng | 24,666.09 | -1.50% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 53,031.70 | -2.20% |
| Instrument | Rate / Yield | Note |
|---|---|---|
| Policy corridor | ||
| Overnight deposit | 19.00% | unchanged |
| Overnight lending | 20.00% | unchanged |
| Main operation rate | 19.50% | unchanged |
| Treasury bills | ||
| 91-day | 24.56% | |
| 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 | 51.66 | -0.45% |
| EUR / USD | 1.1391 | -0.65% |
| GBP / USD | 1.3246 | -0.93% |
| USD / JPY | 157.72 | +0.22% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -2.05% · $/oz | ▼ $4,229.90 |
| WTI crude +1.96% · $/bbl | ▲ $93.97 |
| Brent crude -4.01% · $/bbl | ▼ $98.95 |
(28 Sep) Crude oil prices climbed after the U.S. rejected an Iranian proposal to reopen the Strait of Hormuz and restart negotiations. Tehran had offered to reopen the critical shipping route within a week, contingent on the American administration accepting its conditions.
Read full article → CNBC(28 Sep) Corporate profitability in China expanded at its slowest pace of the year in August, prompting expectations for further stimulus from Beijing. The slowdown comes as consolidation accelerates across sectors grappling with weak demand and intense competition.
Read full article → CNBC(28 Sep) Analysts warn that the recent Washington meeting between the U.S. and Chinese presidents requires tangible outcomes to sustain the current trade truce. The two leaders signaled plans to convene two additional times before the end of the year to advance negotiations.
Read full article → CNBC(28 Sep) Shares in the Australian gold miner surged after the company rejected a massive takeover proposal from Gold Fields. The rejection halts the proposed consolidation and keeps the target firm independent for now.
Read full article → CNBC(28 Sep) SpaceX is preparing for a milestone test flight of its Starship rocket, aiming to reach orbit for the first time. The launch represents a critical step in the company's development of its next-generation heavy-lift launch vehicle.
Read full article → CNBC(27 Sep) Artificial intelligence infrastructure companies face heightened financial risk as borrowing costs rise alongside surging Treasury yields. While the sector's capital expenditure buildout continues unabated, the spike in bond yields will significantly increase the cost of funding these operations.
Read full article → CNBC(27 Sep) Institutional capital has reclaimed its position as the primary driver of equity markets, overtaking retail traders. Market strategists view this shift as a constructive signal for risk appetite among professional investors.
Read full article → CNBC(27 Sep) Consumers are increasingly redirecting their spending toward hobbies such as arts, crafts, and outdoor sports amid rising airfare costs. This shift highlights a trend of sustained discretionary expenditure despite the increasing price of traditional travel and leisure activities.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(28 Sep) A draft law for regulating real estate development in Egypt mandates escrow accounts for project funds and restricts unit sales marketing without prior approval. The Housing Ministry is currently discussing the draft with developers before submitting it to the Cabinet to protect buyers and organize the sector.
Read full article → Economy Plus(28 Sep) Amatar Capital plans to launch a new participatory real estate investment fund targeting 2 billion pounds in the fourth quarter, in partnership with a prominent investment bank. The company has received initial approval from the Financial Regulatory Authority, with the fund to be issued in tranches of 250 million to 300 million pounds.
Read full article → Economy Plus(28 Sep) Tabarak Holding has acquired a mixed-use project from Kuwait's Al-Babtain Group in Heliopolis for 1.4 billion pounds, paying 600 million pounds in project improvement fees. The project spans 38,000 square meters with a total built-up area of 240,000 square meters and is expected to launch by late this year or early next year.
Read full article → Economy Plus(28 Sep) Majid Al Futtaim Group plans to inject $3.4 billion in new investments into the Egyptian market in the coming period, adding to the $2.8 billion invested over the past 27 years. The group's mall revenues grew by 12% in the first half of the year, unaffected by geopolitical conditions.
Read full article → Economy Plus(28 Sep) Intesa Sanpaolo expects the Central Bank of Egypt to maintain its cautious monetary stance until the end of 2026, forecasting a rate cut cycle to resume after the first quarter of 2027. Meanwhile, Emirates NBD predicts interest rates will remain unchanged this year before a 5% reduction next year, citing persistent inflation risks.
Read full article → Economy Plus(27 Sep) The Central Bank of Egypt sold 141.3 billion pounds in treasury bills with tenors of 91 and 273 days, exceeding the targeted 100 billion pounds by 41.3%. The 91-day auction attracted 52.29 billion pounds against a 30 billion pound target, with a weighted average return of 24.561%.
Read full article → Economy Plus(28 Sep) The Financial Regulatory Authority has issued Decision 154 of 2026, establishing the regulatory framework for investment funds to operate as hedge funds. The new rules allow investments in equities, debt instruments, derivatives, and short selling, subject to specific risk and liquidity management requirements.
Read full article → Economy Plus(28 Sep) The Supply and Internal Trade Ministry held an expanded meeting with the General Bakery Syndicate and the Grain Industries Chamber to review the production costs of free-market tourist bread and feno. The discussions focused on ensuring the availability of free-market flour and stabilizing its prices to maintain steady production and supply.
Read full article → Economy Plus(28 Sep) Exports from Egypt's food processing sector reached a record $5.128 billion in the first eight months of 2026, up 10.8% from $4.629 billion in the same period last year. The growth was driven by expanded exports to the European Union and 110 other global markets, with 2,731 active exporting companies.
Read full article → Economy Plus(28 Sep) British private investment firm Actis plans to invest nearly $300 million in an existing renewable energy project in Egypt with a capacity of at least 500 megawatts. The investment will be made through the company's long-term infrastructure fund.
Read full article → Economy Plus(28 Sep) The National Bank of Egypt is in discussions to acquire an equity stake in a new energy production and storage project developed by Norway's Scatec, valued at over $280 million. The bank previously acquired a 20% stake in Scatec's 1.1-gigawatt Obelisk solar plant in May.
Read full article → Economy Plus(28 Sep) Fintech company MoneyFellows aims to raise between $80 million and $90 million in a new Series C funding round as it prepares to launch operations in Morocco in the fourth quarter. The company's growth strategy focuses on vertical expansion through diversified digital services and horizontal expansion to increase its customer base.
Read full article → Economy Plus(28 Sep) The EGX30 index fell 1.4% to 53,031.7 points on Sunday, marking its fifth consecutive day of declines, while the EGX70 and EGX100 indices dropped 3.4% and 3.5%, respectively. The dollar declined by 7 piasters against the Egyptian pound, trading at 51.65 pounds for buying and 51.78 pounds for selling.
Read full article → Economy Plus(28 Sep) The board of Dais for Ready-Made Garments approved the sale of a 62,870-square-meter land plot in Helwan, Cairo, for $5 million. The sale follows a fair value study by Arab Assets for Investment and Financial Consultations, which valued the land at 258.4 million pounds.
Read full article → Economy Plus(28 Sep) Orange Group has allocated 25 million euros to support startups working in artificial intelligence and advanced technologies in Egypt. The company also announced training grants for 200,000 trainees in AI and cybersecurity specialties.
Read full article → Economy Plus(28 Sep) Savills Egypt has urged the broader application of escrow accounts in real estate projects to enhance transparency and financial discipline amid diverse developer financing sources. The firm noted that escrow accounts involve depositing customer payments for off-plan projects into dedicated accounts.
Read full article → Economy Plus(28 Sep) Ahmed ElWakil, head of the Federation of Egyptian Chambers of Commerce, requested an extension of the deadline for benefiting from tax incentives and facilitations to give taxpayers more time to regularize their status. He also suggested granting benefits to compliant taxpayers who paid real estate taxes in previous years.
Read full article → Economy Plus(28 Sep) Saudi Arabia's Capital Market Authority is seeking feedback on new regulatory provisions governing how financial institutions deal with clients in external markets, including margin trading requirements. The consultation period will last for 30 days until October 27.
Read full article → Economy Plus(28 Sep) Invest Qatar has signed a strategic partnership with Silicon Valley-based Brain Co to accelerate digital transformation and establish the country as a regional technology hub. The collaboration will focus on identifying AI application opportunities and developing pilot projects across public and private sectors.
Read full article → Economy Plus(28 Sep) Trade exchange between Tunisia and Algeria surged by 166% over the past five years to reach approximately $2.76 billion. Algeria now ranks as the seventh-largest global customer for Tunisian exports and the fourth-largest supplier.
Read full article → Economy Plus(28 Sep) Iran is sticking to its conditions for reopening the Strait of Hormuz, even as the Islamic Revolutionary Guard Corps seized a US autonomous Remus 600 submarine operating in the strait. Foreign Minister Abbas Araghchi stated that Tehran is awaiting a final US response to a seven-day reopening proposal and will not ease its demands.
Read full article → Economy Plus