The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,676.77 | -0.18% |
| Dow Jones | 52,361.58 | +0.76% |
| Nasdaq | 26,169.38 | -0.99% |
| FTSE 100 | 10,767.33 | +0.02% |
| DAX | 25,410.84 | +0.36% |
| CAC 40 | 7,847.32 | +0.11% |
| Nikkei 225 | 63,383.17 | -1.92% |
| Hang Seng | 23,180.40 | -2.88% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 48,416.90 | -1.66% |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.75–4.00% |
| SOFR (overnight) | 3.92% |
| 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 | 56.22 | +3.22% |
| EUR / USD | 1.1174 | -0.47% |
| GBP / USD | 1.3342 | -0.23% |
| USD / JPY | 157.59 | -0.43% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD -0.56% · $/oz | ▼ $4,037.70 |
| WTI crude +1.32% · $/bbl | ▲ $100.78 |
| Brent crude -3.08% · $/bbl | ▼ $109.69 |
(27 Oct) Chinese industrial profits expanded at their fastest pace in three months, driven by a global technology boom and elevated commodity prices. The gains have been concentrated among miners, chipmakers and raw-material suppliers, highlighting a widening economic divide.
Read full article → CNBC(27 Oct) HSBC posted third-quarter pretax profit that matched analyst expectations, supported by a stronger performance in net interest income. The lender's results reflect the ongoing benefits of the current interest rate environment on its core banking operations.
Read full article → CNBC(27 Oct) The Bank of Japan is widely expected to keep its benchmark rate unchanged at its upcoming policy meeting. However, market participants anticipate the central bank will maintain a hawkish stance, setting the stage for a potential rate hike later this year as domestic inflation and wages continue to climb.
Read full article → CNBC(27 Oct) Microsoft is offering voluntary buyout packages to tens of thousands of employees as part of a broader efficiency initiative. The move underscores the company's effort to balance its massive artificial intelligence infrastructure investments with strict capital discipline.
Read full article → CNBC(27 Oct) Beijing and Moscow are consolidating their control over Arctic shipping routes, transforming the rapidly warming region into a fresh geopolitical flashpoint. This shift threatens to challenge European interests and reshape global supply chains as ice melt opens new maritime corridors.
Read full article → CNBC(26 Oct) SpaceX has secured a massive debt financing package to fund the purchase of graphics processing units for its artificial intelligence initiatives. The capital raise highlights the intense competition for computing power and the growing willingness of private companies to leverage debt for AI infrastructure.
Read full article → CNBC(26 Oct) Meta Platforms plans to raise a multibillion-dollar sum through a stock offering to finance its artificial intelligence infrastructure and superintelligence research. The equity raise signals the tech giant's aggressive commitment to the AI arms race, while also providing liquidity for semiconductor partners.
Read full article → CNBC(26 Oct) Brazilian equities faced severe pressure following the unexpected reelection of President Luiz Inacio Lula da Silva in a tightly contested runoff. The market reaction was exacerbated by political uncertainty as the incumbent opposition reportedly refused to concede the result.
Read full article → CNBC(26 Oct) Crude oil prices retreated following high-level diplomatic talks between Saudi Arabia and Iran aimed at reducing regional tensions. The meeting helped ease investor concerns regarding the vulnerability of Middle Eastern energy infrastructure and the potential for supply disruptions.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(27 Oct) The US dollar crossed the 56 EGP mark for the first time, closing at 56.21 EGP for purchases and 56.35 EGP for sales, up from 55.76 EGP and 55.89 EGP the previous day. Interbank trading volume reached 1.07 billion dollars, significantly above the usual daily average of 150 million to 250 million dollars, while foreign net sales in the secondary debt market hit 663 million dollars.
Read full article → Economy Plus(27 Oct) The Egyptian House of Representatives approved a two-thirds majority vote to empower President Abdel Fattah al-Sisi to take necessary measures to support and defend Saudi Arabia. The decision follows three secret sessions on October 18, 19, and 26, and allows for military support if requested by the kingdom.
Read full article → Economy Plus(27 Oct) Nine foreign and local companies are competing for oil exploration rights in the Gulf of Suez and Eastern Desert concession areas in a tender by South Valley Petroleum Holding Company. The company closed the bidding on September 29 and is currently evaluating the offers to award the contracts in the fourth quarter of 2026.
Read full article → Economy Plus(27 Oct) The Arab Petroleum Pipelines Company (SUMED) plans to invest 400 million dollars to expand its oil trading capacity at the Ain Sukhna terminal. The investments include building a new marine jetty to increase SUMED's berths at Ain Sukhna to four, enhancing its ability to handle crude oil and petroleum shipments.
Read full article → Economy Plus(27 Oct) The Ministry of Petroleum will begin a marine seismic survey in the Eastern Mediterranean waters on October 30 using advanced OBN technology. Executed by EGAS in partnership with SLB and Veritas, the project aims to provide high-precision geological data to identify promising natural gas exploration areas.
Read full article → Economy Plus(27 Oct) The Ministry of Housing has offered 57 various-use land plots across 14 new cities to foreign investors in US dollars, with a total value of approximately 385.8 million dollars. Investors can submit purchase applications during the first two weeks of November.
Read full article → Economy Plus(27 Oct) Investment and Foreign Trade Minister Mohamed Farid announced that Egypt Life Insurance will be listed on the Egyptian Exchange in November as part of the state's IPO program. The government aims to raise 14 billion EGP from offering a 20% stake in the state-owned company.
Read full article → Economy Plus(27 Oct) Cairo Bank announced the closure of its private placement tranche with a total coverage of 6 times, rising to 19.8 times excluding shares allocated to qualified investors. The bookbuilding process resulted in setting the final offer price for its stock exchange listing at 5.30 EGP per share, following agreements with qualified investors to purchase about 63% of the private tranche shares.
Read full article → Economy Plus(27 Oct) The board of directors of Ramadan Pharmaceutical and Diagnostic Industries (Ramida) has initially approved acquiring 100% of Art Pharma's shares through a share swap. The board authorized the managing director to take the necessary procedures to submit an initial offer to Art Pharma's shareholders.
Read full article → Economy Plus(27 Oct) The Financial Regulatory Authority reduced the minimum ratio of net liquid capital to total liabilities for securities brokerage firms to 5% from 10%. The reduction applies to the trading sessions on October 25 and 26 and will be extended until the end of the current week.
Read full article → Economy Plus(27 Oct) The Egyptian Exchange indices showed mixed performance, with the main EGX30 index dropping 1.66% to close at 48416 points. Meanwhile, the EGX70 index for small and medium stocks rose 0.23%, and the broader EGX100 index fell 0.24% to 21014 points, with 133 stocks declining, 84 rising, and 10 remaining unchanged.
Read full article → Economy Plus(27 Oct) Egypt plans to add approximately 3.3 GW of solar and wind power generation capacity to the national grid in 2027, bringing total renewable capacity to 12.8 GW from the current 9.5 GW. This includes 1.6 GW from wind and 1.7 GW from solar, falling short of the ministry's target of 16.8 GW by the end of 2027, which required an additional 7.3 GW.
Read full article → Economy Plus(27 Oct) Electricity and Renewable Energy Minister Mahmoud Esmat confirmed intensive preparations to launch the Egyptian-Saudi electricity interconnection project in the coming weeks. The project will reach its full capacity of 3000 MW following the completion of the second phase's trial operations.
Read full article → Economy Plus(27 Oct) The Egyptian Swiss Group for Pasta, Milling, and Concentrates plans to invest 20 million euros to establish 4 new production lines. The expansion aims to increase production capacity and boost exports to foreign markets.
Read full article → Economy Plus(27 Oct) Suez Warehouses Management will open its first strategic warehouse for storing and packing basic commodities in Suez governorate by the end of October. The facility, built on 13 feddans with a capacity of 75,000 tons, is part of a 2.5 billion EGP national project to build 7 stores in partnership with the Supply Ministry.
Read full article → Economy Plus(27 Oct) Maritime and petroleum services company Marideaf approved the purchase of a new AHTS offshore vessel currently under construction. The capital investment for the vessel, which will operate on a diesel-electric propulsion system, will not exceed 16 million dollars.
Read full article → Economy Plus(27 Oct) Digital platform Klivvr announced winning 16 prestigious international awards in fintech for 2026 from 6 global publishing institutions. The recognitions highlight its innovative solutions, which simplify money management for more than 700,000 users across Egypt.
Read full article → Economy Plus(27 Oct) Betty, an Almarai company, partnered with the Egyptian Food Bank to support the 'Build Tomorrow' school feeding project. The initiative will provide 100,000 milk packs and nutritional meals to children benefiting from the program.
Read full article → Economy Plus(27 Oct) Saudi Aramco is close to finalizing an agreement with international banks for a 10 billion dollars loan to strengthen its financial position. Banks including Bank of China, Citigroup, HSBC, ICBC, JPMorgan Chase, and MUFG are expected to sign the revolving credit facility in the coming weeks.
Read full article → Economy Plus(27 Oct) Saudi Arabia plans to store crude oil at the Jurong Rock Caverns facility in Singapore starting in the second half of 2027. The move aims to enhance energy supply security in Asia and increase the resilience of Saudi oil supply chains.
Read full article → Economy Plus(27 Oct) Morocco expects to attract 1 billion dollars in oil exploration investments over the next five years until 2031 to evaluate its hydrocarbon potential. Foreign and local private sector companies are expected to cover 91% of the anticipated investment, alongside the state-owned National Office of Hydrocarbons and Mines.
Read full article → Economy Plus(27 Oct) Meta Platforms plans to raise up to 95 billion dollars through equity issuances, marking the largest equity fundraising in the company's history to support its artificial intelligence infrastructure. The company launched a public offering of common and convertible preferred shares worth about 35 billion dollars and plans a separate market share sale program of up to 60 billion dollars.
Read full article → Economy Plus