The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,623.68 | -0.52% |
| Dow Jones | 52,215.16 | -1.23% |
| Nasdaq | 25,955.34 | -0.21% |
| FTSE 100 | 10,690.40 | -0.32% |
| DAX | 25,181.65 | -0.75% |
| CAC 40 | 7,782.82 | -0.36% |
| Nikkei 225 | 62,693.16 | -0.34% |
| Hang Seng | 23,093.37 | +0.69% |
| 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 | 55.27 | +1.69% |
| EUR / USD | 1.1204 | -0.15% |
| GBP / USD | 1.3404 | +0.06% |
| USD / JPY | 156.81 | +0.20% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -1.29% · $/oz | ▼ $4,007.90 |
| WTI crude +3.82% · $/bbl | ▲ $103.27 |
| Brent crude +3.14% · $/bbl | ▲ $116.72 |
(24 Oct) The central bank maintained its current borrowing costs as consumer price pressures accelerated to a multi-year peak. Policymakers are now weighing persistent domestic inflation against broader economic growth indicators.
Read full article → ABC News(23 Oct) Broad equity indices retreated to close out a turbulent trading week, though technology shares managed to stabilize following recent heavy losses. Meanwhile, crude oil futures advanced to their strongest level in half a year.
Read full article → Reuters(23 Oct) Crude markets rallied as geopolitical tensions in the Middle East intensified, raising concerns over potential supply disruptions. The escalation has prompted traders to reassess risk premiums across global energy markets.
Read full article → WSJ(23 Oct) Bullion prices suffered their most significant weekly decline in recent months as surging energy costs revived expectations for tighter monetary policy. Higher borrowing costs typically reduce the appeal of non-yielding safe-haven assets.
Read full article → CNBC(23 Oct) Regional equities finished the week in the red, weighed down by domestic political uncertainty in France and mounting corporate cost pressures. Rising energy expenses are increasingly clouding the earnings outlook for the region's major industries.
Read full article → Reuters(24 Oct) Research indicates that the American economy has become significantly more resilient to sudden spikes in energy costs compared to previous decades. Structural shifts, including increased domestic production and lower energy intensity, have muted the traditional macroeconomic impact.
Read full article → CEPR(23 Oct) A severe downturn in technology equities is prompting analysts to evaluate the potential spillover effects on broader economic activity. The selloff raises questions about future capital expenditure and its influence on overall market sentiment.
Read full article → NPR(23 Oct) Reports indicate that direct communication occurred between the former president and the technology entrepreneur regarding satellite internet access in the conflict zone. The intervention highlights the growing intersection of private commercial infrastructure and international military strategy.
Read full article → WSJ(23 Oct) The central bank maintained its benchmark borrowing cost while simultaneously upgrading its medium-term inflation projections. Policymakers signaled that monetary easing will remain limited as domestic price pressures persist.
Read full article → ReutersEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(22 Oct) The Future Egypt device purchased around five shipments of wheat through direct negotiations, likely from European countries including France and Romania. The purchases mark a return to the market for the state buyer amid supply shortages caused by Black Sea export disruptions.
Read full article → Economy Plus(22 Oct) Transport Minister Kamel El-Wazir said weekly Ro-Ro voyages between Damietta and the Italian port of Trieste will increase to two, with half the cargo destined for Gulf countries. The freight will transit via the Red Sea port of Safaga and Saudi Arabia's Neom port to reach the wider Gulf market.
Read full article → Economy Plus(22 Oct) Finance Minister Ahmed Kouchouk said the government aims to raise fiscal space for economic activities to 4.8 trillion pounds by 2030, up from 2.2 to 2.3 trillion pounds last fiscal year. The plan seeks to increase state resources and company profits while cutting debt without imposing new taxes.
Read full article → Economy Plus(22 Oct) The trade balance deficit widened to $48.1 billion in the first eight months of 2026, driven by a 27.5% annual increase in imports to $84.7 billion. Total trade rose 21% to $121.3 billion, while exports grew 8.3% to $36.6 billion, according to the statistics agency.
Read full article → Economy Plus(22 Oct) Joint ventures XDEGEMAC and Shent EGEMAC, formed by Egyptian firm EGEMAC and two Chinese companies, will pump an initial $500 million into manufacturing electrical equipment and building substations. The investment aims to expand production capacity and localize electrical components for power transmission and renewable energy projects.
Read full article → Economy Plus(22 Oct) Dragon Oil intends to invest $500 million in Egypt next year to boost oil and gas activities and raise output from its Gulf of Suez concessions to 70,000 barrels per day by early 2028, up from the current 65,000 barrels per day. The company is also studying new investment opportunities in the Mediterranean and the Western Desert.
Read full article → Economy Plus(22 Oct) Retail investor orders for Bank of Cairo's IPO reached 341.3 million shares on the third day, covering the 228.75 million shares allocated to the public tranche by 149.15%. The initial offer price is set at 5.30 pounds per share, with the book-building process closing on October 28.
Read full article → Economy Plus(22 Oct) President Abdel Fattah al-Sisi stated that Egypt's strategic commodity reserves are sufficient for six months, accounting for regional geopolitical tensions and supply chain disruptions. Separately, the supply ministry injected 200,000 tons of wheat from strategic reserves into the free bread market to prevent price increases.
Read full article → Economy Plus(22 Oct) Prime Minister Mostafa Madbouly said President Sisi will launch a major housing program covering rental, social, and middle-income units over the next four years. Madbouly added that the government is updating beneficiary data to ensure cash subsidies reach only those who qualify for them.
Read full article → Economy Plus(22 Oct) The Housing Ministry will auction 50 plots across 10 new cities between November 1 and 15 for urban, commercial, and hotel developments. Companies must pay for the land in US dollars transferred from abroad, with targeted proceeds exceeding $306.29 million.
Read full article → Economy Plus(22 Oct) The Saudi Capital Market Authority is pushing for broader disclosures in annual reports regarding financial performance, liquidity, and the reasons behind changing results. The regulator wants companies to move beyond simply presenting raw financial data and numbers.
Read full article → Economy Plus(22 Oct) The Foreign Ministry declared the maritime memorandum of understanding between Turkey and the former Libyan government absolutely null and void following its ratification by the Libyan parliament. Egypt reiterated its right to protect its sovereign rights in the eastern Mediterranean against any attempts to infringe upon them.
Read full article → Economy Plus(22 Oct) The government established a permanent committee to ensure stable billet supplies and appropriate pricing for rebar factories, following the imposition of gradual safeguard duties on imports. Local billet prices have risen to about 34,000 pounds per ton, prompting most of the country's 22 rebar rolling mills to halt production.
Read full article → Economy Plus(22 Oct) Hapag-Lloyd intends to resume additional shipping routes through the Suez Canal in the coming period, joining the two Asia services it already operates via the waterway. The move follows discussions between the canal's chairman and Hapag-Lloyd's regional president, aligning with Maersk's target to fully return its services by March 2027.
Read full article → Economy Plus(22 Oct) The main index closed at 52,854 points, supported by a 6.03% jump in Talaat Moustafa Group shares after the company announced contracts for four projects worth 11 trillion pounds. The broader EGX100 index fell 0.55%, while total market capitalization gained 26 billion pounds to close at 4.065 trillion pounds.
Read full article → Economy Plus(22 Oct) The local currency appreciated by 12 piasters, with the dollar trading at 54.32 pounds for buying and 54.46 pounds for selling at the central bank. Despite the currency gain, the stock exchange recorded net hot money outflows of $1.13 billion over the past three days.
Read full article → Economy Plus(22 Oct) Distributors anticipate price increases for mobile phones and accessories due to rising import costs and dollar appreciation, alongside higher inventory replacement expenses. Similar price pressures are expected for home appliances and building materials, though the exact timing and scale depend on ongoing dollar fluctuations.
Read full article → Economy Plus(22 Oct) The center will deploy the funds to complete its $110 million total investment plan, having already injected $70 million. Chief Operating Officer Ahmed Salem said 70% to 80% of the spending goes toward employee wages, with the remainder allocated to business support and expansion services.
Read full article → Economy Plus(22 Oct) The Waste Management Regulatory Authority required cement factories to purchase and transport refuse-derived fuel only from licensed facilities. The move aims to tighten oversight of the sector and crack down on unlicensed operators producing alternative fuel from waste.
Read full article → Economy Plus(22 Oct) The developer aims to achieve the contracted sales figure for its integrated urban project in the New Alamein city. The company previously secured a 388-acre plot from the New Urban Communities Authority to develop the site.
Read full article → Economy Plus(22 Oct) The board of directors unanimously agreed to provide the interest-free support loan to Contact Financial Holding. The loan will be capitalized following an increase in Contact Financial's capital, according to a regulatory disclosure.
Read full article → Economy Plus(22 Oct) Crude exports increased 7.9% from July to 4.451 million bpd, reaching their highest level since March, despite a drop in overall oil production to 6.24 million bpd from 8.135 million bpd. The data was reported by the Joint Organisations Data Initiative.
Read full article → Economy Plus(22 Oct) The Middle East's largest aluminium producer restarted 631 of the 1,262 cells at its Abu Dhabi facility, following a mandatory shutdown in March 2026 due to Iranian attacks. The company targets a return to full production capacity by the first quarter of 2027.
Read full article → Economy Plus(22 Oct) The state purchased the animal feed barley from Soufflet at an estimated price of $302.25 per ton, including cost and freight, for delivery in the first half of February 2027. The figures are based on trader estimates, with further details on price and quantity expected later.
Read full article → Economy Plus(22 Oct) Global seaborne crude shipping costs have surged to over $20 per barrel, compared to about $3 a year ago, driven by ongoing regional conflict. The war risk premium for crossing the Strait of Hormuz adds $7 per barrel, while higher fuel prices and ship-to-ship transfers add another $4 each.
Read full article → Economy Plus