The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,683.69 | -1.04% |
| Dow Jones | 51,481.51 | -1.09% |
| Nasdaq | 26,820.38 | -1.11% |
| FTSE 100 | 10,684.88 | -0.50% |
| DAX | 25,374.42 | -0.78% |
| CAC 40 | 8,078.48 | -0.94% |
| Nikkei 225 | 64,977.06 | -0.06% |
| Hang Seng | 24,486.52 | -2.40% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 52,468.70 | -1.06% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.75–4.00% |
| SOFR (overnight) | 3.90% |
| 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 | 52.05 | +0.88% |
| EUR / USD | 1.1366 | -0.72% |
| GBP / USD | 1.3241 | -0.76% |
| USD / JPY | 157.45 | -0.01% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -3.17% · $/oz | ▼ $4,161.60 |
| WTI crude -0.43% · $/bbl | ▼ $94.20 |
| Brent crude -6.42% · $/bbl | ▼ $99.76 |
(29 Sep) Iranian and U.S. officials met separately with mediators on Monday to push for a ceasefire in the ongoing Middle East conflict. Regional mediators are actively driving these renewed negotiations as crude exports from the region rebound to wartime levels.
Read full article → CNBC(28 Sep) The United States and China have agreed to reduce tariffs on a new list of bilateral goods following their recent summit. The adjustments will affect U.S. imports of consumer items and Chinese imports of American agricultural products.
Read full article → CNBC(28 Sep) Advanced Micro Devices is acquiring the artificial intelligence startup World Labs, marking the chipmaker's second-largest acquisition on record. The deal follows a previous investment in the firm and underscores the company's strategy to expand its footprint in the AI sector.
Read full article → CNBC(28 Sep) Treasury Secretary Scott Bessent has appointed prominent Wall Street economist David Zervos as a counselor to the department. The move adds a significant markets voice to the administration's economic policy team as it navigates current fiscal challenges.
Read full article → CNBC(28 Sep) OpenAI has scrapped plans to release its upcoming artificial intelligence model amid escalating safety concerns within the industry. The decision aligns with recent calls from leaders at top AI laboratories to slow the pace of frontier model development.
Read full article → CNBC(28 Sep) The Federal Aviation Administration announced a delay in certifying the Boeing 737 Max 10 aircraft. The regulator requires additional time to assess a newly identified software issue on the jet before granting final approval.
Read full article → CNBC(28 Sep) The administration is seriously weighing a ban on diesel exports to address a worsening global supply crunch. However, analysts warn such a restriction could backfire by elevating international fuel costs and potentially increasing domestic energy expenses as refiners adjust.
Read full article → CNBC(28 Sep) China recorded its weakest industrial profit growth of the year in August as corporate profitability faces pressure. Economists anticipate Beijing will increase stimulus efforts to stabilize earnings amid sluggish demand and fierce sector competition.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(29 Sep) The Minister of Investment and Foreign Trade met with executives from BNP Paribas, Societe Generale, Amundi, and Credit Agricole in Paris to discuss promoting the government IPO program, notably the listing of Misr Life Insurance. The minister also highlighted that real GDP growth rose to 5.1% in FY 2025/2026 from 2.4% in FY 2023/2024, unemployment fell to 5.8%, and 26,531 companies were registered in H1 2026 with 97.5 billion EGP in capital.
Read full article → Economy Plus(29 Sep) Meridiam, Casino, RMB, and Alcatel-Lucent Enterprise plan to expand their investments in Egypt across infrastructure, renewable energy, healthcare, and technology. The expansion plans were discussed during meetings with the Minister of Investment and Foreign Trade on the sidelines of the Egyptian-French Business Forum in Paris.
Read full article → Economy Plus(29 Sep) A total of 119 companies, including over 14 foreign firms, submitted 403 bids for 118 mining sectors out of 335 offered under the new open area system launched on 10 June 2026. The bids cover nearly 45,000 square kilometers and include exploration for gold, phosphate, kaolin, and talc.
Read full article → Economy Plus(29 Sep) AngloGold Ashanti has applied to invest in 19 new gold exploration areas in the Eastern Desert covering over 3,000 square kilometers, allocating a multi-million dollar budget for 2027. The company's Sukari mine has produced over 6.8 million ounces of gold since 2009, including 500,000 ounces in 2025, generating record returns for Egypt exceeding 590 million dollars in a single year.
Read full article → Economy Plus(29 Sep) Eqaat for Gold Mines plans to build a gold production plant with investments between 250 and 300 million dollars near the Sudanese border, targeting 100,000 to 120,000 ounces annually by 2028, while its reserves rose to 2.25 million ounces. Meanwhile, Capital Limited intends to inject an additional 8 million dollars into gold exploration, bringing its total investments to 108 million dollars, and has applied for licenses in 10 areas targeting over 1 million ounces.
Read full article → Economy Plus(29 Sep) The World Bank expressed interest in providing initial financing to support the Egyptian mining sector, particularly for phosphate and related industries. The global lender also aims to support private sector projects and connect emerging mining companies with suitable investors and partners.
Read full article → Economy Plus(29 Sep) The main EGX30 index dropped 1.1% to close at approximately 52468.7 points, marking its lowest daily close since 19 July when it closed at 52560.1 points. The EGX70 index for small and medium caps fell 2.9% to 18516.8 points, while the broader EGX100 index declined 2.43% to 24702.56 points.
Read full article → Economy Plus(29 Sep) Citadel Capital has postponed the stock market listing of its subsidiary, National River Port Management, which was initially scheduled for September or October. The company will reassess the IPO next year, with the offering previously expected to be valued between 2 billion and 2.5 billion EGP.
Read full article → Economy Plus(29 Sep) The Egyptian Electricity Holding Company plans to secure a 100 billion EGP syndicated loan to settle its debts to the petroleum sector, which reached 495 billion EGP by the end of July 2026 compared to 480 billion EGP in June. The company withdraws fuel worth about 24 billion EGP monthly but repays an average of only 12 billion EGP per month to the Petroleum Ministry.
Read full article → Economy Plus(29 Sep) Egypt is negotiating a new payment mechanism with Sudan to settle 139 million dollars in outstanding dues for electricity exports, of which only 1 million dollar was paid about five months ago, with the rest dating back to 2020. The two countries also agreed in principle to increase their electricity interconnection capacity to 100 megawatts from the current 80 megawatts.
Read full article → Economy Plus(29 Sep) The Egyptian side of the electricity interconnection project with Saudi Arabia has been completed, with the Aswan High Dam capacity raised by 150 megawatts for the 3000-megawatt exchange project. The minister noted that energy efficiency measures saved 30 billion EGP, while new renewable and nuclear capacities will save between 13.786 and 40.21 billion dollars in natural gas, with 190 billion EGP allocated for new and renewable energy.
Read full article → Economy Plus(29 Sep) Ora Iraq, owned by Egyptian billionaire Naguib Sawiris, signed a contract with Dura Engineering to construct 455 residential units in the Rose City project in Baghdad. The 90 million dollar contract covers the construction of townhouses and villas across 101.6 thousand square meters, with a 39-month execution period.
Read full article → Economy Plus(29 Sep) The investment cost for building the first Al Ahly sports club branch in Upper Egypt, located in New Sohag, is approaching 2 billion EGP. The project is being developed in partnership with Ebni Real Estate, which will primarily fund the construction alongside membership sales revenues.
Read full article → Economy Plus(29 Sep) The Prime Minister held meetings with the ministers of education and higher education to prepare for a conference scheduled for October to showcase achievements across various sectors. The Prime Minister emphasized the need for coordination among state agencies and opening a dialogue with specialists to address public concerns and present a clear future vision for the education sector.
Read full article → Economy Plus(29 Sep) Saudi Arabia has resumed oil exports through the East-West pipeline after repairs were completed following drone attacks earlier in September. The restart allows the kingdom to use an alternative export route bypassing the Strait of Hormuz, with shipments to international markets now underway.
Read full article → Economy Plus(29 Sep) Crude oil exports from key Middle East producers rebounded to 12.8 million barrels per day in September, the highest level since late February, supported by increased flows from Saudi Arabia and the UAE. The recovery coincided with improved shipments through the Strait of Hormuz, expected to reach 7.4 million barrels per day this month.
Read full article → Economy Plus(29 Sep) Lebanon's Finance Minister stated the country is looking to reach a new staff-level agreement with the International Monetary Fund. However, securing a full program with the lender still requires Beirut to pass a final law to address the losses from its financial crisis, following its first staff-level agreement in April 2022.
Read full article → Economy Plus(29 Sep) By 07:10 am GMT, spot gold fell 2.44% to 4180.29 dollars per ounce, and US gold futures declined 2.53% to around 4211 dollars per ounce, driven by rising oil prices. Silver also dropped 4.16% to 62.12 dollars per ounce amid expectations that the US Federal Reserve might raise interest rates again.
Read full article → Economy Plus(29 Sep) The European Bank for Reconstruction and Development is considering financing Norwegian company Scatec to develop, build, and operate a 1.95 gigawatts solar power plant in Egypt. The project includes a 3,935 megawatt hours battery energy storage system, with the generated electricity to be sold to the Egyptian Electricity Transmission Company under a 25-year power purchase agreement.
Read full article → Economy Plus(29 Sep) Safety Link for Navigation won a 25-year concession to manage and operate the Amreya Dry Port in Alexandria after competing against 5 other entities. The company plans to invest around 700 million EGP in the 146 thousand square meter facility, which is set to open in the coming days to handle exports, imports, and transit trade.
Read full article → Economy Plus(29 Sep) Egyptian Chemical Industries (KIMA) invested 1.220 billion EGP in replacement and renewal works for its fertilizer and urea projects during the 2025/2026 fiscal year, exceeding the 166 million EGP target by 734.9%. The project includes producing 600 metric tons daily of nitric acid and 800 metric tons daily of ammonium nitrate fertilizer with a 33.5% nitrogen concentration.
Read full article → Economy Plus(29 Sep) Financial management solutions company Leverage aims to close a 2 million dollars seed funding round by the end of this year, followed by an 8 million dollars Series A round. The company also plans to expand externally into the markets of Morocco, Kenya, and Rwanda.
Read full article → Economy Plus(29 Sep) The second tournament of the Asian Development Tour, the 14th event in the Golf Egypt series, kicked off at the Madinaty Golf Club. The tournament features a selection of professional golf players from around the world.
Read full article → Economy Plus(29 Sep) A report by BlackRock's Aladdin indicates that the Middle East, led by Saudi Arabia, is increasingly becoming a destination for private capital deployment rather than just a source of global private market funds. The report analyzes investment allocation trends and deal activity reshaping private markets in the region.
Read full article → Economy Plus(29 Sep) Saudi Arabia has pumped 5.5 billion riyals in investments into its ports during the recent war period, according to highlights from the Saudi Today newsletter.
Read full article → Economy Plus(29 Sep) The US dollar rose by about 35 piasters to close at 52 EGP for buying and 52.14 EGP for selling at the Central Bank of Egypt. Meanwhile, the Central Bank sold 7.3 billion EGP in 3-year fixed-rate Treasury bills, falling 63.5% short of the targeted 20 billion EGP.
Read full article → Economy Plus(29 Sep) The Minister of Supply and Internal Trade affirmed that the ministry will not tolerate violations regarding the weights or prices of tourist and French bread. The minister emphasized the necessity for all tourist and foreign bakeries to comply with Ministerial Directive No. 5 of 2026 without exceeding the approved prices or weights.
Read full article → Economy Plus