The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,811.54 | +1.15% |
| Dow Jones | 51,654.95 | +0.93% |
| Nasdaq | 27,366.17 | +0.64% |
| FTSE 100 | 10,552.05 | +0.86% |
| DAX | 25,087.27 | -0.57% |
| CAC 40 | 7,803.33 | -0.39% |
| Nikkei 225 | 69,030.92 | -1.31% |
| Hang Seng | 24,211.35 | +1.00% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 53,265.20 | -0.06% |
| 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 | 52.32 | +0.23% |
| EUR / USD | 1.1206 | -0.44% |
| GBP / USD | 1.3234 | -0.07% |
| USD / JPY | 158.25 | +0.32% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +0.70% · $/oz | ▲ $4,216.30 |
| WTI crude +2.69% · $/bbl | ▲ $91.85 |
| Brent crude +4.12% · $/bbl | ▲ $104.72 |
(10 Oct) The Kremlin reported that President Vladimir Putin discussed a proposal regarding the conflict in Iran with Donald Trump during a recent call. This diplomatic outreach coincides with a separate agreement for the U.S. to purchase Russian diesel fuel amid surging global energy prices.
Read full article → CNBC(10 Oct) Microsoft Chief Executive Satya Nadella has joined a growing chorus of technology leaders and researchers advocating for stricter artificial intelligence safeguards. He emphasized the necessity of human-controlled mechanisms to pace the development of frontier AI models and mitigate potential risks.
Read full article → CNBC(10 Oct) Ukrainian farmers face severe financial constraints and lack the incentive to sow crops for the 2027 season as agricultural exports remain blocked. Analysts warn that this disruption in planting could cause global commodity markets to tighten rapidly if supply shortfalls materialize.
Read full article → CNBC(10 Oct) Ukrainian President Volodymyr Zelenskyy criticized a U.S. agreement to ease sanctions on Moscow for diesel purchases, arguing it undermines existing restrictions. The deal has drawn scrutiny from political observers who contend it contradicts the legislative framework designed to penalize Russia.
Read full article → CNBC(10 Oct) The rapid adoption of artificial intelligence tools is forcing the legal profession to fundamentally rethink the traditional billable hour model. Law firms are also reassessing how junior attorneys build expertise and develop their careers as routine tasks become increasingly automated.
Read full article → CNBC(10 Oct) JPMorgan portfolio manager Priya Misra has issued a strong bullish outlook for the fixed income market, characterizing current conditions as a rare opportunity. The firm is specifically looking to take on credit risk within high-quality corporate issuers to capitalize on the favorable environment.
Read full article → CNBC(10 Oct) Recent store closures by 7-Eleven in India represent a strategic reset of its local operations rather than a complete market exit. The Japanese retailer is restructuring its footprint in the region to optimize its long-term retail strategy and operational efficiency.
Read full article → CNBC(10 Oct) Colossal Biosciences Chief Executive Ben Lamm argues that the genetic engineering required to de-extinct species has broader applications in human healthcare. The company posits that these advanced conservation and developmental biology techniques could yield significant medical breakthroughs.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(11 Oct) Egyptian food and beverage companies have increased prices for sugar, pasta, and dairy products by up to 25% over September and October. The hikes are driven by rising production costs, higher global prices, and increased shipping expenses amid regional disruptions.
Read full article → Economy Plus(11 Oct) The Egyptian government raised $500 million via a private placement of international bonds at the end of September, with yields exceeding 7.5%. The move is part of efforts to diversify external financing sources, with the government targeting $3 billion in total international issuances for the 2026-2027 fiscal year.
Read full article → Economy Plus(11 Oct) Following Standard & Poor's affirmation of Egypt's B/B credit rating with a stable outlook, the Finance Ministry outlined plans to boost foreign direct investment and diversify growth. The ministry noted that the primary surplus reached 4.9% of GDP and the total deficit narrowed to 5.8% in the past fiscal year.
Read full article → Economy Plus(11 Oct) The Egyptian government aims to divest from 90 companies by the end of 2030, according to the executive program for the State Ownership Policy Document. The plan includes specific measures to list economic authorities under standard financial reporting and governance frameworks, with progress reviewed every six months.
Read full article → Economy Plus(11 Oct) The fund managing the restructuring of struggling factories in Egypt aims to attract an additional 2 billion pounds in financing during 2027. CI Capital's executive director for direct investment stated that the initial 1 billion pound capital is insufficient to address the scale of industrial distress in the country.
Read full article → Economy Plus(11 Oct) The Egyptian Ministry of Electricity's purchases of power generated from renewable sources rose 5.8% year-on-year to nearly 27 billion pounds in the first nine months of 2026. The increase is attributed to the expansion of production capacity connected to the national grid and higher costs for some projects following the dollar's appreciation against the pound.
Read full article → Economy Plus(11 Oct) The Egyptian Petroleum Authority is seeking a loan of about $850 million from a consortium of Gulf and international banks, backed by export contracts and shipments. Abu Dhabi Commercial Bank, Mashreq, and Standard Chartered are participating in arranging and financing the three-year loan for the Authority's fully owned subsidiary, Bell Company.
Read full article → Economy Plus(11 Oct) Minister of Petroleum and Mineral Resources Karim Badawi met with executives from UAE's Archus Energy and US-based Chevron to discuss gas field development and the Aphrodite field connection project. The discussions focused on accelerating production and exploration plans, as well as finalizing agreements to link the Cypriot gas field to Egyptian infrastructure.
Read full article → Economy Plus(11 Oct) The National Authority for Tunnels plans to secure a 50 billion pound loan with a maturity of up to 24 years to finance its operational needs. The authority is currently negotiating interest rates with local banks, starting at 0.75% to 1% above the corridor rate, and has agreed on a direct 15 billion pound financing with Suez Canal Bank.
Read full article → Economy Plus(11 Oct) Ahli Faros expects shares of fintech company MTT Halan to surge up to 50% within 12 months of its listing. The research firm projected the stock could reach 36.75 pounds, compared to its IPO price of 24.50 pounds, assuming the current valuation multiple is maintained.
Read full article → Economy Plus(11 Oct) Zenox and Master Zenox are close to completing a tableware manufacturing plant with an investment of nearly 400 million pounds and an initial capacity of 5.5 million pieces annually. The company's CEO stated that over 370 million pounds have been spent so far, with plans to triple capacity to 16 million pieces within three years.
Read full article → Economy Plus(11 Oct) The Financial Regulatory Authority has issued a circular requiring insurance companies to ensure clients review key terms and conditions before signing contracts. The move aims to enhance consumer protection and transparency in the insurance market following complaints about misleading marketing practices.
Read full article → Economy Plus(11 Oct) Al Mohandes Insurance posted a 29.2% year-on-year increase in consolidated net profit after taxes to 250.48 million pounds in the first half of 2026. The profit grew from 193.75 million pounds in the same period last year, according to the company's financial statements.
Read full article → Economy Plus(11 Oct) Egypt and South Korea signed 12 agreements to enhance cooperation in advanced and strategic industries during President Abdel Fattah El-Sisi's recent tour of the region. The two countries also agreed to upgrade their bilateral relations to a strategic partnership level.
Read full article → Economy Plus(11 Oct) The Egyptian Exchange is developing a new electronic application that will allow investors to monitor real-time trading screens for free. The move aims to expand digital services and improve access to market data, following a significant increase in the investor base this year.
Read full article → Economy Plus(11 Oct) The Egyptian pound weakened by about 7 piasters against the dollar this week, trading at 52.34 pounds for buying and 52.44 pounds for selling. Meanwhile, Arab and foreign investors recorded net purchases of $1.2 billion in the government debt market last week, with Arab investors accounting for $1.5 billion in net buying.
Read full article → Economy Plus(11 Oct) Several Egyptian banks have postponed their participation in securitization operations until they align with new Central Bank of Egypt regulations by the end of the year. The new rules require banks to factor in the credit limit of real estate or consumer buyers when calculating credit exposure.
Read full article → Economy Plus(11 Oct) The Central Bank of Egypt is offering its first fixed-rate sovereign sukuk since June, valued at 1.5 billion pounds with a three-year maturity. The sukuk is set to mature on July 14, 2029.
Read full article → Economy Plus(11 Oct) Saudi Arabia's General Authority of Civil Aviation temporarily suspended operations at King Khalid International Airport in Riyadh following an explosion and attack on Saturday. The authority is currently assessing the damage and verifying the safety of the facilities after the incident, which resulted in several injuries.
Read full article → Economy Plus(11 Oct) According to Bloomberg, Saudi Aramco has informed European refineries to supply the required crude oil quantities for November. The communication outlines the specific supply volumes requested by the European facilities for the upcoming month.
Read full article → Economy Plus(11 Oct) Al Rajhi Bank has introduced a mortgage financing product for units in the Banan Riyadh project, with profit rates starting at 0.93%. The new financing option is available for customers looking to purchase properties within the development.
Read full article → Economy Plus(11 Oct) Lebanese President Joseph Aoun stated that US President Donald Trump's decision to cancel presidential decrees restricting air transport with Lebanon indicates trust in the state's safety measures. The move is expected to enhance the security of flights connecting Lebanon with the rest of the world.
Read full article → Economy Plus(11 Oct) Turkey will prohibit social media platforms from providing services to children under the age of 15 starting November 1, under a new regulatory framework. The regulation requires platforms to verify users' ages during account creation through the national e-government system to protect minors online.
Read full article → Economy Plus