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 | -0.47% |
| Dow Jones | 52,215.16 | +0.41% |
| Nasdaq | 25,955.34 | -0.71% |
| FTSE 100 | 10,690.36 | -1.76% |
| DAX | 25,181.65 | -1.72% |
| CAC 40 | 7,782.82 | -1.08% |
| Nikkei 225 | 62,459.08 | -2.52% |
| Hang Seng | 23,193.94 | -4.11% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 49,234.30 | -6.85% |
| Instrument | Rate / Yield | Note |
|---|---|---|
| Policy corridor | ||
| Overnight deposit | 19.00% | unchanged |
| Overnight lending | 20.00% | unchanged |
| Main operation | 19.50% | unchanged |
| 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 | 55.76 | +3.49% |
| EUR / USD | 1.1222 | +0.05% |
| GBP / USD | 1.3379 | +0.53% |
| USD / JPY | 156.90 | -1.03% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -3.05% · $/oz | ▼ $4,023.50 |
| WTI crude +3.98% · $/bbl | ▲ $101.02 |
| Brent crude +0.75% · $/bbl | ▲ $109.64 |
(26 Oct) Luiz Inacio Lula da Silva has secured a historic victory in the presidential runoff, marking a significant political shift in Latin America's largest economy. The incumbent's reported refusal to concede introduces potential uncertainty for markets and policy continuity in the region.
Read full article → CNBC(26 Oct) SpaceX has secured a massive debt financing package to fund the acquisition of graphics processing units for its artificial intelligence initiatives. The move underscores the intense capital requirements and aggressive expansion strategies within the AI infrastructure sector.
Read full article → CNBC(26 Oct) Global pension systems are confronting severe structural pressures driven by increasing life expectancies and declining birth rates. This demographic shift threatens to strain retirement finances and could force significant reallocations in long-term institutional investment strategies.
Read full article → CNBC(25 Oct) Ukrainian officials have rejected assertions that their military breached commercial usage terms for satellite internet services during drone operations. The dispute highlights the complex intersection of commercial technology providers and modern military strategy in the ongoing conflict.
Read full article → CNBC(25 Oct) The automaker's chief executive has reaffirmed commitments to a major manufacturing facility in the U.S. state of Georgia, framing it as a strategic move to boost sales. The investment is also positioned to mitigate exposure to potential trade tariffs while the parent company undergoes broader restructuring.
Read full article → CNBC(25 Oct) A recent voter survey indicates that economic concerns remain paramount ahead of the midterm elections, alongside deep anxieties regarding the opposing party's policy directions. These polarized sentiments suggest a highly contested electoral environment that could influence future fiscal and regulatory agendas.
Read full article → CNBC(25 Oct) Saudi authorities reported intercepting aerial attacks launched by Houthi militants, who simultaneously claimed strikes against regional airports and energy infrastructure. The escalation introduces renewed supply chain and energy market risks across a critical global shipping and production corridor.
Read full article → CNBC(25 Oct) Widespread civil unrest has driven government bond yields to multi-decade highs, prompting investors to reassess sovereign risk. Market participants are now closely evaluating the implications for the national budget, economic growth, and sector-specific stability as protests continue.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(26 Oct) Investment banks and institutions expect the Central Bank of Egypt to keep interest rates unchanged at its meeting on Thursday. Analysts cite rising inflation risks from higher global oil prices and a record-low pound, which limit the scope for monetary easing despite a two-month slowdown in inflation.
Read full article → Economy Plus(26 Oct) Several car dealerships in Egypt have suspended pricing and sales of high-demand models until the foreign exchange market stabilizes. Companies are reassessing actual import costs to set prices that mitigate financial risks from further currency depreciation before resuming deliveries to distributors.
Read full article → Economy Plus(26 Oct) Ezz Steel, Suez Steel, and Marakbi have increased their rebar prices by between 1,200 and 1,700 Egyptian pounds per ton due to rising production input costs. Ezz and Suez Steel raised prices by 1,200 pounds per ton, while Marakbi increased its prices by 1,700 pounds per ton, with other local producers expected to follow suit.
Read full article → Economy Plus(26 Oct) The Supreme Committee for Partnership Affairs has approved offering several infrastructure and public utility projects to the private sector. The projects include seawater desalination plants, industrial wastewater treatment facilities, a strategic commodity tracking system, and the utilization of the Capital Gardens substation and its electricity networks.
Read full article → Economy Plus(26 Oct) Members of the Egyptian Parliament's agriculture committee are urging the government to raise the local wheat supply price by 500 to 1,000 Egyptian pounds per ardab for the upcoming season. Lawmakers argue the current price of 2,500 pounds no longer covers average production costs of 50,000 pounds per feddan, prompting calls to set the new price between 3,000 and 3,500 pounds.
Read full article → Economy Plus(26 Oct) The total net assets of investment funds regulated by the Financial Regulatory Authority rose by 7.2% in the third quarter to reach 504.71 billion Egyptian pounds at the end of September. The number of investment funds increased to 232 by the end of the quarter, up from 224 at the end of June.
Read full article → Economy Plus(26 Oct) The Egyptian Exchange halted trading for 30 minutes after the EGX100 index plunged 10%, wiping out about 171 billion Egyptian pounds in market value, while the dollar surged to a record 55.89 pounds. The EGX30 index fell over 5% intraday before closing down 3.56%, as investors reacted to regional political tensions and currency pressures.
Read full article → Economy Plus(26 Oct) The public offering for Bank of Cairo shares was subscribed 2.54 times, with orders in the private placement market reaching 581.4 million shares against 228.75 million shares allocated for the public tranche. The public tranche represents 5% of the total shares offered, equaling 1.5% of the bank's issued capital, following the FRA's approval to increase the total offering size to 45%.
Read full article → Economy Plus(26 Oct) An International Monetary Fund mission started discussions on the eighth and final review of Egypt's economic reform program on Sunday, aiming to conclude by December. The review will unlock the final $1.5 billion tranche of the $8 billion loan, alongside an expected $800 million from the Resilience and Sustainability Facility pending its own review.
Read full article → Economy Plus(26 Oct) The Prime Minister has directed an increase in the safe stockpiles of food commodities and petroleum products amid escalating regional geopolitical tensions. The directive was issued during a meeting of the Central Crisis Management Committee to monitor the potential impact of regional and international developments on local markets and supply chains.
Read full article → Economy Plus(26 Oct) Egypt is banking on the winter season to increase tourist arrivals, with average hotel bookings rising 10% to 15% year-on-year for the 2026-2027 season. Occupancy rates at Red Sea resorts in Hurghada, Marsa Alam, and Sharm El-Sheikh are currently between 80% and 85% for the fourth quarter, with expectations to reach 20% growth by April.
Read full article → Economy Plus(26 Oct) Egypt is positioning itself as a key African destination for refining investments, leveraging its geographic proximity to Europe and abundant oil resources. The Strait of Hormuz crisis has exposed Europe's vulnerability in fuel supplies, particularly diesel, creating opportunities for North African refining and storage projects to capitalize on reduced regional capacity.
Read full article → Economy Plus(26 Oct) Gulf of Suez Petroleum Company (GUPCO) has signed a contract with SLB to conduct a seismic survey using OBN technology across 1,035 square kilometers in its central and southern Gulf of Suez concessions. The project, the largest of its kind in the region using this technology, aims to explore promising oil opportunities and boost local production in partnership with Dragon Oil.
Read full article → Economy Plus(26 Oct) Trade exchange between Egypt and China is projected to grow by 15% to 20%, reaching $25.2 billion by the end of the 2026-2027 fiscal year. The growth is driven by increased Chinese investments in Egypt and the implementation of a zero-customs treatment system for Egyptian exports, particularly in agriculture, marble, textiles, and fertilizers.
Read full article → Economy Plus(26 Oct) Minister of Investment and Foreign Trade Mohamed Farid has invited Qatari companies to explore investment opportunities in Egypt's manufacturing, logistics, and export sectors. The call was made during a meeting with the Chairman of the Qatar Chamber of Commerce and Industry to enhance economic and investment partnerships between the two countries.
Read full article → Economy Plus(26 Oct) Saudi Arabia will increase monthly financial support by 500 riyals for civil and military employees, as well as for families receiving social security, alongside raising the minimum wage for full Saudization under the Nitaqat program to 5,000 riyals. The measures coincide with planned increases in electricity and water tariffs starting in early 2027.
Read full article → Economy Plus(26 Oct) Saudi national shipping company Bahri has signed a contract with the International Maritime Industries to build and deliver three very large crude carriers for a total value of nearly 1.7 billion riyals ($451 million). Each vessel will have a deadweight tonnage of 320,000 tons, with deliveries scheduled in batches during 2029 and 2030.
Read full article → Economy Plus(26 Oct) The National Oil Corporation has restarted operations at the Brega refinery, one of the country's oldest facilities with a capacity of 10,000 barrels per day, following a maintenance shutdown. The restart includes the natural gas processing unit, which will redirect 60 million cubic feet of gas to the national network instead of flaring it.
Read full article → Economy Plus(26 Oct) The six largest European luxury goods companies have lost nearly 250 billion euros in market capitalization this year amid falling Chinese demand and slowing US spending. LVMH and Hermes led the decline, losing 131.6 billion euros and 93.3 billion euros respectively, with losses extending to Kering, Richemont, Prada, and Moncler.
Read full article → Economy Plus