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 | 24,253.70 | +0.89% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 52,206.70 | -2.05% |
| 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 | 52.52 | +0.29% |
| EUR / USD | 1.1215 | -0.02% |
| GBP / USD | 1.3248 | +0.22% |
| USD / JPY | 158.27 | +0.19% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +1.99% · $/oz | ▲ $4,223.00 |
| WTI crude +2.24% · $/bbl | ▲ $90.26 |
| Brent crude +3.04% · $/bbl | ▲ $103.25 |
(12 Oct) Crude prices retreated following President Trump's declaration of an energy ceasefire between Russia and Ukraine. Ukrainian President Volodymyr Zelenskyy expressed support for the move, emphasizing the need for reciprocal compliance from Moscow.
Read full article → CNBC(12 Oct) Beijing is accelerating its gold purchases as part of a broader strategy to diversify reserves away from the U.S. dollar. Concurrently, Chinese households are increasing their holdings of the precious metal to seek safety for their savings amid economic uncertainty.
Read full article → CNBC(11 Oct) The White House is considering military involvement alongside Saudi Arabia against Iran-backed Houthi forces following a deadly airport strike. Analysts warn that committing additional U.S. resources to this front could stretch military assets already deployed in the region to counter Iran.
Read full article → CNBC(11 Oct) A small group of third-party evaluators is moving to the center of the artificial intelligence industry as the safety debate intensifies. These independent gatekeepers are increasingly tasked with assessing the risks of models developed by major technology companies.
Read full article → CNBC(11 Oct) Retailers are increasingly deploying artificial intelligence tools to streamline operations and manage inventory. However, experts warn that the collection of detailed consumer data through these systems raises the risk of personalized, dynamic pricing for everyday goods.
Read full article → CNBC(11 Oct) Goldman Sachs has highlighted potential risks in Italy's sovereign debt market as the government's deficit targets for the coming years widen. The bank notes that rising bond yields and ongoing political uncertainty surrounding future elections could further weaken the country's debt outlook.
Read full article → CNBC(11 Oct) The Justice Department is examining whether the White House television press pool violated antitrust laws under the Sherman Act. The investigation emerges as tensions escalate between the administration and broadcast networks over press access and coverage.
Read full article → CNBC(12 Oct) A federal judge has issued an order halting taxpayer-funded television advertisements featuring President Trump. The ads have faced criticism for functioning as government propaganda and potentially attempting to influence the outcome of the midterm elections.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(12 Oct) Egypt Education Platform, owned by EFG Hermes, plans to list around 25% of its shares on the Egyptian Exchange next November. The platform manages 25 schools and educational content companies, representing about 20% of EFG Hermes's 1.2 billion dollar direct investment assets.
Read full article → Economy Plus(12 Oct) The public offering for MNT Halan achieved a 1.41x subscription rate on its second day, with orders reaching 67.66 million shares against 48 million offered. The IPO, priced at 24.5 Egyptian pounds per share, runs until October 15 for retail investors and closes on October 13 for institutional buyers.
Read full article → Economy Plus(12 Oct) Bank Cairo announced plans to offer 30% of its issued capital through a sale of 4.575 billion shares by Banque Misr. The offering will be split into a private placement for qualified institutional buyers and a public tranche for retail investors, with trading expected to begin in November.
Read full article → Economy Plus(12 Oct) Egypt's Future of Egypt Authority will cooperate with Indonesia's Danantara in palm oil and phosphate fertilizer production. The two countries also welcomed a joint investment fund to support strategic projects, as Presidents Sisi and Prabowo agreed to expand partnerships into infrastructure and logistics.
Read full article → Economy Plus(12 Oct) The Egyptian Natural Gas Holding Company reduced its liquefied natural gas cargo requests for October to 12 shipments from 20 in September due to lower power plant consumption. Meanwhile, the Petroleum Ministry aims to increase Israeli gas imports by 25% to 1.25 billion cubic feet per day in November to help close a daily supply gap of 3.4 billion cubic feet.
Read full article → Economy Plus(12 Oct) Tourism and Antiquities Minister Sherif Fathy projected that sector revenues will reach 20 billion dollars in 2026, driven by higher tourist spending. The country expects to receive around 20 million tourists this year, up from 14.4 million by the end of September.
Read full article → Economy Plus(12 Oct) The Transport Ministry agreed with Spain's Talgo to advance the delivery of 7 luxury sleeper trains worth 200 million euros to mid-2027. This accelerates the original timeline, which had scheduled the deliveries for 2028.
Read full article → Economy Plus(12 Oct) MNT Investments is studying the acquisition of a company in the Gulf region using proceeds from the upcoming initial public offering of 20% of its subsidiary, MNT Halan. Chief Executive Munir Nakhla stated that a portion of the dollar-denominated IPO proceeds will be allocated to fund the potential deal.
Read full article → Economy Plus(12 Oct) Emaar Misr's board approved the appointment of BDO Key Financial Consulting to determine the fair value of its shares and those of Sky Tower for a share swap. The move follows a July 2024 resolution to acquire the remaining 75% of Sky Tower, which would raise Emaar Misr's ownership to 100%.
Read full article → Economy Plus(12 Oct) Real estate developer Madar intends to invest 4 billion Egyptian pounds in the fourth quarter and will launch a new 200-acre project in West Cairo this October. The company is currently developing 1,100 acres across three existing projects and prioritizing construction cash flows to meet delivery schedules.
Read full article → Economy Plus(12 Oct) The Housing Ministry launched 84 investment opportunities across various new cities in October through the New Urban Communities Authority portal. The available plots range from 500 square meters for small and medium enterprises to over 50,000 square meters for large, multi-use projects.
Read full article → Economy Plus(12 Oct) The EGX30 index dropped 1.99% to 52,206 points, wiping 81 billion Egyptian pounds off the market's capitalization to 4.122 trillion pounds. The dollar advanced to 52.53 pounds for purchases and 52.66 pounds for sales, reaching its highest level since May despite net foreign and Arab buying in secondary debt market trades.
Read full article → Economy Plus(12 Oct) The Central Bank of Egypt sold 137.5 billion Egyptian pounds in 182-day and 364-day treasury bills, exceeding the 130 billion pound target by 5.8%. The Finance Ministry accepted 43.215 billion pounds in 182-day bids from total offers of 165.182 billion pounds, at a weighted average yield of 24.955%.
Read full article → Economy Plus(12 Oct) Qatar National Bank Egypt increased its holdings of treasury bills and government securities by 35.1% in the first nine months of the year to 205.16 billion Egyptian pounds by the end of September. This is up from 151.88 billion pounds at the end of 2025.
Read full article → Economy Plus(12 Oct) The Investment and Foreign Trade Ministry is finalizing amendments to the executive regulations of the 1981 Companies Law to ease burdens on businesses and improve the investment climate. The updates will streamline capital increases, mergers, and acquisitions, and introduce regulations for convertible notes to provide flexible financing for startups.
Read full article → Economy Plus(12 Oct) Local Development Minister Manal Awad, New Valley Governor Hanan Magdy, and Upper Egypt Development Authority head Amr Abdel Moniem laid the foundation stone for a date and food industry complex in the Kharga center. The facility aims to integrate agricultural production, manufacturing, packaging, and marketing to boost the local economy.
Read full article → Economy Plus(12 Oct) Al-Awwal Mortgage Finance Company is negotiating with several banks to secure up to 2.5 billion Egyptian pounds in new credit facilities before the end of the year. The move coincides with the renewal of a 1 billion pound credit agreement with Qatar National Bank to support mortgage lending and portfolio acquisitions.
Read full article → Economy Plus(12 Oct) Qatar National Bank Egypt reported a 26.3% year-on-year increase in net profit for the first nine months of the year, reaching 28.05 billion Egyptian pounds compared to 22.21 billion pounds in the same period last year. Net interest income grew to 44.36 billion pounds from 36.07 billion pounds.
Read full article → Economy Plus(12 Oct) Saudi Arabia's average crude oil exports reached 5.31 million barrels per day in early October, the second-highest level since the war began, according to Kpler data. This is down from 7.12 million barrels per day in September, which was the highest monthly average since the conflict started.
Read full article → Economy Plus(12 Oct) Dubai Integrated Economic Zones Authority doubled the size of the venture capital fund for its investment arm, Eurasia Capital, to 1 billion dirhams from 500 million dirhams. The move aims to expand investments in global-potential startups and support the objectives of the Dubai Economic Agenda D33.
Read full article → Economy Plus(12 Oct) The Algerian state grain board OFFIC has launched an international tender to purchase milling wheat from optional origins, with a nominal quantity of 50,000 tons. Traders noted that Algeria typically buys significantly more than the announced amount, with bids due on October 13.
Read full article → Economy Plus(12 Oct) The US Department of Energy authorized an emergency swap of up to 4 million barrels of crude oil from the Strategic Petroleum Reserve to address supply disruptions caused by Hurricane Isaias. Energy Secretary Chris Wright said the move aims to maintain refining operations and limit fuel supply interruptions in the southern United States.
Read full article → Economy Plus