The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,722.72 | -0.27% |
| Dow Jones | 51,176.96 | -1.26% |
| Nasdaq | 27,190.86 | +0.45% |
| FTSE 100 | 10,461.95 | -2.18% |
| DAX | 25,231.20 | -0.70% |
| CAC 40 | 7,897.19 | -2.24% |
| Nikkei 225 | 68,309.46 | +3.69% |
| Hang Seng | 23,972.29 | -3.19% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 53,055.00 | +2.24% |
| 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 | 52.26 | +0.82% |
| EUR / USD | 1.1257 | -1.06% |
| GBP / USD | 1.3240 | +0.08% |
| USD / JPY | 157.83 | +0.23% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +0.09% · $/oz | ▲ $4,172.10 |
| WTI crude -1.61% · $/bbl | ▼ $91.11 |
| Brent crude -2.45% · $/bbl | ▼ $102.70 |
(2 Oct) G7 nations plan to release diesel reserves as ongoing conflicts in Europe and the Middle East tighten global fuel supplies. European Union officials are preparing for crisis talks to address surging prices and potential economic fallout from proposed export restrictions.
Read full article → CNBC(2 Oct) The Justice Department confirmed it will not reopen a criminal investigation into former Federal Reserve Chair Jerome Powell. The decision follows an inspector general report that found no grounds for a criminal referral regarding the central bank's headquarters renovation.
Read full article → CNBC(2 Oct) The U.S. labor market showed significant weakness in September as job growth fell sharply short of expectations. Concurrently, the unemployment rate climbed, signaling a notable cooling in employment momentum that could influence future monetary policy decisions.
Read full article → CNBC(2 Oct) The third quarter was characterized by pronounced volatility across equity and fixed-income markets. Geopolitical tensions, surging energy costs, and a broad bond sell-off fundamentally reshaped investor positioning and asset valuations over the period.
Read full article → CNBC(2 Oct) Market expectations for a Federal Reserve interest rate increase in October have diminished significantly following the latest employment data. The softer labor market report has led traders to reassess the likelihood of near-term monetary tightening.
Read full article → CNBC(2 Oct) The United States trade representative indicated that a comprehensive trade agreement with India is not imminent following recent discussions between the two nations' leaders. Bilateral ties remain strained, with New Delhi facing the threat of severe tariffs over its continued purchases of Russian energy.
Read full article → CNBC(2 Oct) Eurozone inflation accelerated to its highest level in three years, driven primarily by surging energy costs. The unexpected price pressures complicate the European Central Bank's monetary policy outlook as policymakers balance growth concerns with persistent inflationary dynamics.
Read full article → CNBC(2 Oct) The United States is deploying an additional aircraft carrier strike group to the Middle East amid escalating regional tensions. The military buildup coincides with warnings of renewed strikes against Iran, further raising the risk of broader conflict and supply chain disruptions.
Read full article → CNBC(2 Oct) Western biopharmaceutical companies are accelerating their pursuit of Chinese innovation through major partnership agreements. This surge in cross-border deals is largely driven by the industry's need to replenish product pipelines ahead of impending patent expirations.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(1 Oct) Discussions on a draft law to regulate the real estate market are leaning towards establishing an independent body to oversee and execute sector activities. This move aims to separate regulatory duties from the professional role of the planned real estate developers' union.
Read full article → Economy Plus(1 Oct) The New Urban Communities Authority collected about 26 billion EGP from companies operating in the northwest North Coast between June 2025 and August 2026 to regularize their land status. The regularization covers land from kilometer 120 to 222 on the Alexandria-Matrouh coastal road.
Read full article → Economy Plus(1 Oct) The Pyramids archaeological area near the Grand Egyptian Museum recorded about 2.9 million visitors in the first nine months of 2026. Authorities expect the total number of visitors to exceed 4 million by the end of the year, driven by strong demand in the fourth quarter.
Read full article → Economy Plus(1 Oct) The Egyptian Stamp and Weights Authority sold confiscated precious metals and gemstones worth about 551.88 million EGP through the commodity exchange. The sales were conducted via 239 auctions since November 2023 to return the assets to the trading cycle through an organized channel.
Read full article → Economy Plus(1 Oct) English company Ak Resources has discovered a gold and copper mine in Egypt, having invested about $10 million so far. The company plans to invest $20 million over the next two years, with total investments reaching about $100 million once mine reserves are fully accessed.
Read full article → Economy Plus(1 Oct) Ex Caliber Chief Executive Andres Blanco expects the company to begin an aerial survey project signed with the Egyptian Mineral Resources Authority within one to two months. The project will scan all of Egypt across six zones and is targeted for completion within 18 to 24 months.
Read full article → Economy Plus(1 Oct) Al-Temsah Shipbuilding, a subsidiary of the Suez Canal Authority, is studying the establishment of a specialized company for port and marine construction works in Kenya in partnership with Kenyan firm Tunasco. Suez Canal Chairman Osama Rabie said the move aims to open external markets in deep Africa and contribute to marine infrastructure development.
Read full article → Economy Plus(30 Sep) The government signed a framework agreement to settle the historical debt of the National Investment Bank owed by the Industrial Projects and Mining Implementation Authority, amounting to 102.75 billion EGP. The settlement includes a cash payment by the Finance Ministry and the transfer of state-owned assets to the bank, while waiving about 51 billion EGP in late payment penalties.
Read full article → Economy Plus(1 Oct) Oil sector companies have added about 30 million cubic feet of natural gas daily to local production rates from three new wells in the Western Desert and onshore Nile Delta. The additions are part of an integrated program to accelerate the production of new wells and repair stopped ones to maximize infrastructure utilization.
Read full article → Economy Plus(30 Sep) The House of Representatives approved a proposal submitted by ten members to postpone the implementation of the Criminal Procedure Law for one year until October 1, 2027. The delay aims to provide sufficient time to complete organizational and technical preparations to ensure proper application of the law.
Read full article → Economy Plus(1 Oct) The Interior Ministry has increased the cost of developing the new metal license plates for all fast transport vehicles to 250 EGP from 215 EGP, a rise of about 16.3%. The ministry also cancelled the requirement to submit safety and emergency equipment when issuing or renewing vehicle licenses.
Read full article → Economy Plus(1 Oct) The Cabinet approved a decision to stop the remote work system on Sundays for employees in government agencies and entities. The remote work system was initially activated in April for one month to rationalize electricity and energy consumption during the summer peak months.
Read full article → Economy Plus(30 Sep) The Egyptian Exchange recorded its largest monthly loss of the year in September, with market capitalization falling by about 297.2 billion EGP to close at 4.056 trillion EGP. The main EGX30 index dropped 5.42% to 51894.83 points, while the broader EGX100 index declined 9.12% to 24776.36 points.
Read full article → Economy Plus(30 Sep) The Egyptian Exchange and the Abu Dhabi Securities Exchange signed a strategic memorandum of understanding to enhance cooperation and integration between the financial markets of Egypt and the UAE. The agreement aims to develop the financial services industry and support investment flows for the benefit of investors and listed companies.
Read full article → Economy Plus(1 Oct) Saudi Arabia has set an expansive budget for 2027, projecting a strong rebound in GDP growth to 12.8% next year from an expected contraction of 3.6% in 2026. The 2027 budget estimates total expenditures at about 1.392 trillion riyals against revenues of 1.202 trillion riyals, projecting a deficit of about 190 billion riyals, or 3.6% of GDP.
Read full article → Economy Plus(1 Oct) The unemployment rate among Saudis recorded a slight increase in the second quarter of the year. Detailed figures were not immediately provided in the newsletter.
Read full article → Economy Plus(1 Oct) The Saudi stock market recorded its largest monthly decline in 10 months during September. The drop aligns with broader regional market volatility.
Read full article → Economy Plus(30 Sep) The average price of the US dollar against the Egyptian pound fell by about 13 piastres at the end of Wednesday's trading, with the average buying price at 51.94 EGP and selling at 52.04 EGP. During September, the dollar rose 2.07% against the pound amid renewed tensions in the Middle East.
Read full article → Economy Plus(1 Oct) Transactions in the interbank foreign exchange market increased by 3.2% in September to $8.47 billion, amid mixed movements in foreign investor flows. The volume was higher than the usual monthly average of $3 billion to $4.8 billion, reflecting notable activity in dollar liquidity.
Read full article → Economy Plus(1 Oct) Foreign and Arab investors recorded net sales of about $827 million in local treasury bills during September, compared to net purchases of about $655 million in August. The data was reported in the Egyptian Exchange's monthly report.
Read full article → Economy Plus(1 Oct) Investments in a phosphate fertilizer project, for which a shareholders' agreement was recently signed with the Egyptian Mineral Resources Authority and Elsewedy Electric, amount to about $600 million. The project targets a production capacity of 500,000 tons annually of diammonium and monopotassium phosphate fertilizers and will take about three years to implement.
Read full article → Economy Plus(1 Oct) The Metallurgical Industries Holding Company plans to pump investments worth 11.7 billion EGP during the 2026/2027 fiscal year, targeting total revenues of about 78.3 billion EGP and a net profit of 18 billion EGP. This represents a growth of nearly 19% compared to the achievements of the 2024/2025 fiscal year.
Read full article → Economy Plus(1 Oct) The Construction and Urbanization Holding Company aims to achieve a net profit of 5.9 billion EGP in the 2026/2027 fiscal year, a growth of about 57% compared to the 2024/2025 fiscal year. The company also targets total revenues of 35.7 billion EGP, up about 29% year-on-year.
Read full article → Economy Plus(1 Oct) The Eastern Company's net profit increased by 7% in the second quarter of the current year to about 2.9 billion EGP, compared to about 2.7 billion EGP in the same period last year. The growth was driven by a 15% rise in sales to about 32.8 billion EGP, although first-half profits fell 4% due to 900 million EGP in early retirement provisions.
Read full article → Economy Plus(1 Oct) Iraq's state oil marketing organization offered buyers contracted crude supplies for October at discounts of up to $37 per barrel compared to regional benchmark prices. The price cut reflects the difficulties Iraq faces in shipping amid the Middle East war due to its geographical distance from the Strait of Hormuz.
Read full article → Economy Plus(1 Oct) Oil exports from Gulf countries, including those transported by ships with turned-off tracking devices, recovered to 23.3 million barrels per day last week, in line with the 2025 average. A Goldman Sachs note indicated that Gulf oil exports doubled in September, driven by increased shipments through the Strait of Hormuz.
Read full article → Economy Plus(1 Oct) Tesla has concluded new financing agreements worth up to $30 billion to accelerate investments in artificial intelligence and expand production of its Cybercab autonomous taxi and Optimus robot. The package includes a $20 billion three-year term loan managed by Citibank, alongside an $8 billion five-year revolving credit facility and a $2 billion 364-day facility managed by Wells Fargo.
Read full article → Economy Plus