The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,670.84 | -1.21% |
| Dow Jones | 51,349.92 | -0.99% |
| Nasdaq | 26,797.54 | -1.64% |
| FTSE 100 | 10,636.71 | -0.67% |
| DAX | 25,399.21 | -0.70% |
| CAC 40 | 8,035.87 | -1.08% |
| Nikkei 225 | 66,719.68 | +1.84% |
| Hang Seng | 24,513.14 | -1.29% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 52,297.10 | -0.33% |
| 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 | 52.02 | +1.23% |
| EUR / USD | 1.1334 | -0.42% |
| GBP / USD | 1.3225 | -0.13% |
| USD / JPY | 156.97 | -0.82% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -2.60% · $/oz | ▼ $4,209.00 |
| WTI crude -3.06% · $/bbl | ▼ $89.58 |
| Brent crude -7.72% · $/bbl | ▼ $96.27 |
(30 Sep) China's Commerce Ministry stated it will respond firmly if the European Union introduces new restrictions on Chinese businesses or products. The warning highlights escalating trade tensions as Brussels considers further measures to protect its domestic market.
Read full article → CNBC(30 Sep) Hedge funds now hold a record proportion of the U.S. Treasury market, a shift that has boosted overall liquidity in the system. However, market watchers warn that this growing reliance on leveraged players could introduce new financial instability risks.
Read full article → CNBC(30 Sep) Chinese factory activity returned to growth in September, ending a recent period of contraction. The recovery comes as deepening economic malaise prompts policymakers to accelerate stimulus measures and support domestic expansion.
Read full article → CNBC(29 Sep) New U.S. import restrictions on Canadian products have officially taken effect, escalating bilateral trade friction. While Washington expects Ottawa to concede to its demands in the coming weeks, Canadian officials maintain they will not agree to unfavorable terms.
Read full article → CNBC(29 Sep) JPMorgan Chase Chief Executive Jamie Dimon has proposed a comprehensive trade agreement between the United States and Europe to resolve current disputes. He argues that the benefits of such a sweeping deal would far outweigh the minor friction points currently dividing both regions.
Read full article → CNBC(29 Sep) Markets are bracing for the release of the Federal Reserve's preferred inflation gauge this week. The data is expected to indicate ongoing price pressures, even as consumers continue to sustain their spending levels.
Read full article → CNBC(29 Sep) India is preparing a major financial commitment to Deep Tech startups in an effort to reduce its reliance on foreign technology. The initiative is designed to help the country catch up with the United States and China in the global technology race.
Read full article → CNBC(29 Sep) U.S. consumer confidence has fallen to its lowest level in a decade, driven by growing anxieties over inflation and the labor market. The sharp decline in optimism suggests households are increasingly concerned about their financial outlook and job security.
Read full article → CNBC(29 Sep) Shell has committed to a major expansion of its liquefied natural gas operations in Canada, supporting the country's ambition to become a leading global exporter. The investment comes as global supply disruptions increase the focus on energy security and reliable fuel sources.
Read full article → CNBC(29 Sep) Iranian and U.S. officials have met separately with mediators to push for a ceasefire in the Middle East. These diplomatic efforts coincide with a rebound in regional crude oil exports to wartime highs, underscoring the market's sensitivity 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.
(30 Sep) President Abdel Fattah al-Sisi called for an emergency session of the House of Representatives on Wednesday, though the agenda remains unclear. During a broader meeting, he noted that regional tensions have cost the Suez Canal $20 billion in lost revenues in recent years.
Read full article → Economy Plus(30 Sep) Microfinance firm Tamweely plans to launch a 2 billion EGP Islamic sukuk program in partnership with Baraka Capital. The company is awaiting final approval from the Financial Regulatory Authority in the fourth quarter to diversify its funding sources.
Read full article → Economy Plus(30 Sep) Orascom Investment Holding Chairman Naguib Sawiris stated there is no real estate bubble in Egypt, attributing market slowdowns to high construction costs and reduced purchasing power. He noted that buyer defaults and unit handover cancellations have increased as developers face mounting challenges.
Read full article → Economy Plus(30 Sep) Afaq for Mining intends to invest $146 million over the next four years to explore gold in Egypt's Eastern Desert. The company expects to announce a commercial gold discovery in October and begin commercial production within four years.
Read full article → Economy Plus(30 Sep) Aton Resources plans to begin gold production at its Hamama area in the Eastern Desert by 2028. The company aims to produce between 15,000 and 20,000 ounces annually, having already invested between $40 million and $50 million in the project.
Read full article → Economy Plus(30 Sep) The Ministry of Petroleum will allocate 8 billion EGP during the 2026-2027 fiscal year to upgrade the main natural gas transmission network. This forms part of a four-year plan totaling over 25 billion EGP to boost network efficiency and connect new production facilities.
Read full article → Economy Plus(30 Sep) The Finance Ministry is negotiating with the World Bank to activate a mechanism that reallocates up to 10% of existing un-disbursed loan funds to address emergencies. If agreed, the funds would be made available within 72 hours of a qualifying disaster without needing a new loan.
Read full article → Economy Plus(30 Sep) Moving Vert intends to build a phosphate fertilizer complex in Safaga with estimated investments of $5 billion. The project, to be built on 1,000 acres in partnership with the government, aims to produce 3 million tons annually and create 15,000 direct jobs.
Read full article → Economy Plus(30 Sep) The Central Bank of the UAE and the Central Bank of Egypt renewed a currency swap agreement worth 5 billion AED, equivalent to about 69 billion EGP. The five-year deal aims to boost bilateral trade and facilitate settlements in local currencies.
Read full article → Economy Plus(30 Sep) The Central Bank of Egypt directed banks to review financing extended to real estate developers linked to the securitization of post-dated checks. Banks must submit data on bounced checks and delivered units by October 1 to help assess the quality of cash flows backing these loans.
Read full article → Economy Plus(30 Sep) Finance Minister Ahmed Kouchouk extended the deadline for submitting real estate tax returns to the end of December 2026. The deadline for submitting tax dispute settlement applications and late payment fee exemptions was also extended by six months to April 2, 2027.
Read full article → Economy Plus(30 Sep) Egyptian exports of chemical and fertilizer industries grew by 30.2% year-on-year to reach $8.25 billion in the first eight months of 2026. Fertilizer exports led the sector with $2.21 billion, while petrochemical exports surged 86.2% to $2.03 billion.
Read full article → Economy Plus(30 Sep) The Egyptian Exchange's main EGX30 index dropped 0.33% on Tuesday, extending its losing streak to eight sessions and wiping 15 billion EGP off the market capitalization. Meanwhile, the US dollar rose by 4 piasters against the local currency, trading at an average of 52.07 EGP for buying and 52.17 EGP for selling.
Read full article → Economy Plus(30 Sep) Egypt will host the inaugural El Alamein Africa Forum starting next Friday, bringing together heads of state and business leaders from across the continent. The three-day event aims to create a platform for economic cooperation and agreements between East, West, North, and Southern African nations.
Read full article → Economy Plus(30 Sep) Mazut supplies to electricity generation plants fell by up to 43% in September compared to summer peak levels, dropping to between 20,000 and 24,000 tons per day. Natural gas deliveries also declined by about 8% to 126 million cubic meters per day as cooling temperatures reduced power loads.
Read full article → Economy Plus(30 Sep) The Ministry of Industry is preparing new incentives to encourage the local manufacturing of electric vehicle components, including motors and batteries. The measures aim to reduce production costs for molds and tools, ultimately lowering the final price of EVs and boosting exports.
Read full article → Economy Plus(30 Sep) The Financial Regulatory Authority published new Egyptian standards for the valuation of real estate, machinery, and infrastructure. The regulations, announced in the Official Gazette on September 23, aim to standardize valuation practices across the market.
Read full article → Economy Plus(30 Sep) Real estate developer Grova, the property arm of Hassan Allam Holding, awarded a $1 billion construction contract to Hassan Allam Construction. The contract covers the execution of the Grova Westfields project, which includes a 150-room five-star hotel, residential units, and villas.
Read full article → Economy Plus(30 Sep) Oman's state energy company OQ is studying the purchase and leasing of two supertankers for floating storage at the Port of Duqm. The company also plans to increase onshore crude oil storage capacity to 10 million barrels within three years, up from about 5 million barrels currently.
Read full article → Economy Plus(30 Sep) UCC Holding's head of exploration and production said the Qatari oil and gas company is in discussions to enter new areas in Venezuela. The talks follow a partnership agreed last month with BP and an ADNOC unit to develop the large-scale Loran gas project in Venezuelan waters.
Read full article → Economy Plus(30 Sep) King Mohammed VI appointed Fatima Zahra El Mansouri as Morocco's first female Prime Minister after her Authenticity and Modernity Party won the recent legislative elections. The appointment tasks her with forming a new government and initiating coalition talks with other political parties.
Read full article → Economy Plus(30 Sep) The US administration announced it will lend 40 million barrels of oil from the Strategic Petroleum Reserve to energy companies to control fuel prices. The move comes as prices have been driven up by the broader war with Iran and the Russian conflict in Ukraine.
Read full article → Economy Plus