The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,818.93 | +1.93% |
| Dow Jones | 51,521.28 | +0.33% |
| Nasdaq | 27,599.89 | +2.99% |
| FTSE 100 | 10,541.69 | -0.89% |
| DAX | 25,449.19 | +0.20% |
| CAC 40 | 7,865.07 | -1.25% |
| Nikkei 225 | 70,176.96 | +1.77% |
| Hang Seng | 24,151.90 | -1.52% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 53,298.10 | -0.48% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.75–4.00% |
| SOFR (overnight) | 3.89% |
| 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 | 52.23 | +0.62% |
| EUR / USD | 1.1232 | -0.84% |
| GBP / USD | 1.3248 | -0.12% |
| USD / JPY | 158.41 | +0.54% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +0.13% · $/oz | ▲ $4,167.70 |
| WTI crude -1.01% · $/bbl | ▼ $90.19 |
| Brent crude -0.66% · $/bbl | ▼ $101.58 |
(7 Oct) Crude markets advanced on Wednesday as geopolitical tensions in the Middle East overshadowed expectations of a supply recovery. Attacks by Yemen's Iran-backed Houthis on Saudi Arabia have heightened concerns over regional stability and energy infrastructure.
Read full article → CNBC(6 Oct) The World Bank has upgraded its growth forecast for the East Asia and Pacific region, though it cautioned that expansion remains heavily reliant on artificial intelligence. Officials noted that trade growth outside of AI-related goods has been weak or negative, highlighting underlying vulnerabilities in the broader economy.
Read full article → CNBC(6 Oct) The U.S. trade gap widened significantly, reaching its broadest level since the period immediately preceding the implementation of recent tariffs. The expansion exceeded consensus estimates and marked a substantial increase from the previous month, reflecting shifting dynamics in global commerce.
Read full article → CNBC(6 Oct) Chinese artificial intelligence startup DeepSeek is reportedly evaluating a significant increase in its latest funding round. Sources indicate the final amount could still change as the company concludes its final negotiations with investors.
Read full article → CNBC(6 Oct) UBS Chief Executive Sergio Ermotti has cautioned that stringent actions are required to address the escalating debt crisis in France. His comments come amid worsening financial turmoil and growing concerns over the country's fiscal trajectory.
Read full article → CNBC(6 Oct) Goldman Sachs expects diesel markets to remain tight through the end of the decade due to constrained refining capacity. The bank noted that elevated margins will be necessary to curb consumption and gradually rebuild depleted inventories.
Read full article → CNBC(6 Oct) Paramount has officially completed its acquisition of Warner Bros. Discovery following a protracted process marked by competing bids and significant antitrust scrutiny. The closure of the deal reshapes the media landscape and consolidates major entertainment assets under a single corporate umbrella.
Read full article → CNBC(6 Oct) Defense technology firm Anduril has secured a major contract to support a Navy submarine shipyard, expanding its footprint in military infrastructure. The award follows the recent appointment of its founder to a prominent role within the Pentagon's weapons acquisition group.
Read full article → CNBC(6 Oct) Yemeni government forces have retaken a strategic Red Sea port city from Iran-backed Houthi militants during a significant military counteroffensive. The development alters the tactical landscape in the region, though energy markets remain cautious regarding potential supply disruptions.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(7 Oct) The government is finalizing the executive plan for the second edition of the state ownership policy document for the 2026-2030 period. The plan focuses on maximizing the private sector's role in economic activity and leading growth, according to Deputy Prime Minister for Economic Affairs Hussein Issa.
Read full article → Economy Plus(7 Oct) The government is considering transferring the Chemical and Mineral Industries Holding Companies to the Future of Egypt for Sustainable Development agency. The move aims to maximize the utilization of their assets and restructure their subsidiaries, pending final approvals from the Prime Minister.
Read full article → Economy Plus(7 Oct) Egypt's wheat imports dropped by about 65% in the third quarter of 2026 to 1.3 million tons, driven by a surge in local production and geopolitical tensions in the Black Sea. The government has not imported any shipments since May, leaving imports to the private sector, while global wheat prices rose 34% to $315 per ton.
Read full article → Economy Plus(7 Oct) The World Bank upgraded its growth forecast for Egypt's current fiscal year to 4.3% from 4%, citing lower inflation, strong domestic consumption, and a recovery in extractive industries. The bank also raised its estimate for the previous 2025-2026 fiscal year to 5.1%, while projecting headline inflation to reach 14.2% in the current year.
Read full article → Economy Plus(7 Oct) The National Social Insurance Authority achieved record investment returns of 136 billion pounds during the 2025-2026 fiscal year. The authority collects over half a trillion pounds annually, with upcoming pension increases to be funded directly from these insurance funds rather than the state budget.
Read full article → Economy Plus(7 Oct) The Egyptian Exchange opened the bookbuilding process for MNT-Halan's public and private offering, pricing the shares at 24.5 pounds each. The offering targets up to 320 million shares, representing about 20% of the company's capital, with proceeds mostly directed toward the Egyptian market.
Read full article → Economy Plus(7 Oct) Qatari Diar for Urban Development has obtained a license to develop a 4,900.99-fedan integrated urban and investment zone along the Alexandria-Matrouh coastal road. The project will include residential, tourist, commercial, and administrative activities following a cabinet decision and an agreement with the New Urban Communities Authority.
Read full article → Economy Plus(7 Oct) Egyptian tourism group Travco signed a contract with the Tourism Development Authority to purchase a 600,000-square-meter plot in Marsa Alam for $69 million. The company plans to invest between $120 million and $150 million to build three new hotels, adding 1,200 rooms to its existing portfolio in the area.
Read full article → Economy Plus(7 Oct) The Tourism Development Authority issued 16 final allocation decisions for investment land plots in the South Magawish tourist center, south of Hurghada. The total area exceeds 1 million square meters, designated for a comprehensive package of tourist, hotel, service, and entertainment projects.
Read full article → Economy Plus(7 Oct) Maxim Group for Hotels and Tourist Resorts plans to sign contracts with government entities to build three new hotels with a total capacity of 550 rooms. The projects require an investment of 900 million pounds and aim to expand into new areas to serve business travelers and medical tourists.
Read full article → Economy Plus(7 Oct) Sky Max company aims to attract 1.1 million tourists to Egypt by the end of the year, marking a 25% annual increase. The target follows the arrival of 680,000 tourists during the first nine months of 2026, according to company manager Amr Azab.
Read full article → Economy Plus(7 Oct) The EGX30 index dropped 0.48% to 53,298 points, with the broader market losing 26 billion pounds in capitalization as Arab and foreign investors sold shares. The central bank and the stock exchange will close on Thursday for the October Victory Day holiday, resuming operations on Sunday.
Read full article → Economy Plus(7 Oct) The US dollar fell by 11 piastres against the Egyptian pound at the central bank, trading at 52.25 pounds for buying and 52.39 pounds for selling. Meanwhile, the central bank increased its liquidity withdrawal through open market operations to 293.96 billion pounds, maintaining the return rate at 19.50%.
Read full article → Economy Plus(7 Oct) The Ministry of Planning and Economic Development held discussions with representatives from international financial institutions and major rating agencies regarding the national economic transition program. Participants included the UN, World Bank, IMF, EBRD, African Development Bank, and the Islamic Development Bank, among others.
Read full article → Economy Plus(7 Oct) Prime Minister Mostafa Madbouly directed the conversion of 200 to 250 schools into applied technology schools in partnership with the private sector. The initiative aims to elevate educational standards and provide graduates ready to meet labor market needs, following discussions on sustainable incentives for private sector management.
Read full article → Economy Plus(7 Oct) The extraordinary general assembly of the Egyptian Electricity Transmission Company approved a 21 billion pound increase in issued capital, bringing it to 30.97 billion pounds. The capital injection will fund the reinforcement and development of the national grid to accommodate renewable energy capacities.
Read full article → Economy Plus(7 Oct) The World Bank expects Gulf Cooperation Council economies to contract by an average of 4.3% in 2026, impacted by the closure of the Strait of Hormuz and lower oil export volumes. The broader MENA region is also projected to shrink by 2.1% this year, compared to a 3.3% growth in 2025.
Read full article → Economy Plus(7 Oct) Saudi Energy Minister Prince Abdulaziz bin Salman stated that about 5.8 million barrels of oil currently pass through the East-West pipeline. He noted that diversified logistical options have helped Saudi Arabia and Gulf countries manage regional crises and mitigate their impacts.
Read full article → Economy Plus(7 Oct) Twenty-four Sudanese fuel import and distribution companies submitted a memo to the Sovereignty Council head, requesting an urgent review of fuel import and financing rules. The companies warned that restricting imports to a limited number of firms has weakened competition and disrupted supply and pricing in the sector.
Read full article → Economy Plus(7 Oct) Chinese artificial intelligence company DeepSeek is aiming to raise nearly $12 billion in its latest funding round to build a strong financial reserve ahead of a potential domestic IPO. The company, which targets a valuation of 500 billion yuan, began the new round in July following a $7.4 billion raise earlier this year.
Read full article → Economy Plus(7 Oct) The World Bank highlighted that Saudi Arabia and the UAE have made significant strides in digital infrastructure and artificial intelligence readiness over the past two years. However, most Middle Eastern countries remain vastly behind the global pace in leveraging these technologies.
Read full article → Economy Plus(7 Oct) The Saudi Public Investment Fund has extended the utilization period of a 1 billion riyal loan granted to Emaar until February 2027. The extension allows the real estate developer additional time to benefit from the financing facility.
Read full article → Economy Plus(7 Oct) Saudi Energy Minister Prince Abdulaziz bin Salman announced a target to Saudize 70% of jobs in the energy, industry, and mining sectors. The initiative is part of broader efforts to increase local workforce participation in key national industries.
Read full article → Economy Plus(7 Oct) Economy Plus has launched the Capital Talks podcast in partnership with the Egyptian Association for Private Equity and Venture Capital. The special El Gouna edition features an interview with Planning Minister Ahmed Rostan, discussing the future of the Egyptian economy and international financing.
Read full article → Economy Plus