The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,722.60 | +0.13% |
| Dow Jones | 52,377.57 | -0.23% |
| Nasdaq | 26,477.81 | +0.20% |
| FTSE 100 | 10,686.54 | -0.43% |
| DAX | 25,590.77 | +1.13% |
| CAC 40 | 7,887.14 | -0.44% |
| Nikkei 225 | 64,075.33 | +1.86% |
| Hang Seng | 23,140.64 | -2.16% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 50,104.80 | +3.49% |
| 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) | 3.93% |
| 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 | 55.97 | +2.98% |
| EUR / USD | 1.1123 | -1.00% |
| GBP / USD | 1.3295 | -0.75% |
| USD / JPY | 157.95 | -0.12% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +1.21% · $/oz | ▲ $4,056.20 |
| WTI crude -1.88% · $/bbl | ▼ $101.33 |
| Brent crude -4.99% · $/bbl | ▼ $110.89 |
(28 Oct) The U.S. president stated the conflict with Iran will conclude on his timeline, following reports that military expenditures for the operation have expanded significantly. The financial burden of the campaign has grown substantially as operations continue in the region.
Read full article → CNBC(28 Oct) Shares of the South Korean semiconductor manufacturer surged after its third-quarter profit sharply exceeded analyst expectations. The company also announced a major capital return program for its shareholders following the strong financial results.
Read full article → CNBC(28 Oct) Exit polls indicate that neither the ruling alliance led by the prime minister nor the opposition bloc has secured the parliamentary seats required to form a governing majority. The inconclusive results set the stage for potential prolonged political negotiations in the country.
Read full article → CNBC(27 Oct) The U.S. energy secretary indicated the administration might permit additional Russian diesel volumes to enter the global market as part of broader diplomatic negotiations. However, analysts note these specific shipments are too small relative to total global demand to materially impact fuel prices.
Read full article → CNBC(27 Oct) Markets overwhelmingly anticipate the U.S. central bank will maintain its current benchmark borrowing costs following its previous increase. Attention will instead focus on commentary from officials regarding the potential timing and trajectory of future monetary tightening.
Read full article → CNBC(27 Oct) The Bank of Japan is widely expected to keep its policy rate unchanged at its upcoming meeting while maintaining a hawkish policy stance. Survey respondents anticipate the central bank will lay the groundwork for a future increase as domestic inflation and wage growth continue to accelerate.
Read full article → CNBC(27 Oct) The aerospace manufacturer informed investors that it does not plan to significantly increase production rates for its flagship narrowbody jet until late next year. The company is scheduled to provide a detailed update on its manufacturing outlook alongside its upcoming quarterly earnings report.
Read full article → CNBC(27 Oct) Concerns regarding debt accumulation in the artificial intelligence sector have subsided ahead of crucial earnings updates from major technology hyperscalers. Credit markets will closely monitor the upcoming corporate reports to assess capital expenditure plans and the broader financial health of the industry.
Read full article → CNBC(27 Oct) The Japanese automaker cautioned that severe tariff increases on Canadian vehicles and parts would have devastating consequences for the automotive industry. The warning follows threats from the U.S. administration to drastically double existing duties if a new bilateral trade agreement is not finalized.
Read full article → CNBC(27 Oct) Major semiconductor companies are committing significant capital to the social media conglomerate to deepen their partnership in artificial intelligence infrastructure. The investment supports the tech giant's broader strategy to raise substantial funds for expanding its computing capabilities and data center networks.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(28 Oct) Analysts expect the Central Bank of Egypt to keep interest rates unchanged at its October 29 meeting amid continued pressure on the pound and rising geopolitical risks. The overnight deposit rate was held at 19% in the previous meeting as the bank balances falling inflation against import costs and foreign capital outflows.
Read full article → Economy Plus(28 Oct) The public tranche of Bank of Cairo's IPO was covered 6.7 times with one day remaining in the subscription period. Investors submitted orders for 2.29 billion shares against the 343.125 million shares allocated to the retail tranche, following an increase in the total offering size to 45% of issued capital.
Read full article → Economy Plus(28 Oct) MNT Halah's board approved increasing its issued capital from 160 million EGP to 176.33 million EGP. The increase will be funded through a cash subscription by the major shareholder, MNT Investments BV, issuing up to 170 million shares at the final IPO price of 24.50 EGP per share.
Read full article → Economy Plus(27 Oct) The Egyptian Exchange received a listing application from Al-Amir Al-Shareef for Plastics with an issued capital of 796.34 million EGP. The company's capital is divided into 7.96 million shares with a par value of 100 EGP each, pending review by the listing committee.
Read full article → Economy Plus(28 Oct) Elsewedy Electric aims to achieve total sales of $7 billion by the end of the current year, with a project backlog of $6 billion to $7 billion for the next three years. The company is expanding investments in the power and cable sectors to double production capacity and increase exports, with 40% of revenues coming from the Gulf region.
Read full article → Economy Plus(28 Oct) Raya Holding officially launched Raya Ventures, its corporate venture capital arm, with an initial investment in UK-based enterprise AI software firm Piduma. The move aims to support innovation and early-stage startups to generate long-term sustainable value, according to the group.
Read full article → Economy Plus(28 Oct) Shell plans to invest $100 million to drill a new exploratory gas well in the Mereneath concession in Egypt's deepwater Mediterranean during the first half of 2027. The company intends to drill a second well if initial results indicate the presence of natural gas reservoirs in the area.
Read full article → Economy Plus(28 Oct) Egypt is exploring investment opportunities to establish a grain and oil logistics center in cooperation with Russia. The initiative is part of the supply minister's participation in the Russian-African Economic and Humanitarian Forum in Moscow to enhance food security and strategic commodity trade.
Read full article → Economy Plus(28 Oct) The Egyptian government has received proposals from global investors to expand and develop the New Administrative Capital Airport and its surrounding area into an integrated investment and logistics zone. A working group has been formed to study the offers and evaluate investment alternatives to maximize economic returns.
Read full article → Economy Plus(28 Oct) The International Monetary Fund indicated that the economic recovery of Gulf countries in 2027 depends on two key factors. The report highlights the conditions required for growth in the region over the coming year.
Read full article → Economy Plus(28 Oct) Saudi Arabia has approved a new system to develop the business environment that allows individuals aged 15 and above to engage in commercial activities. The regulation aims to foster early entrepreneurship and streamline business practices in the kingdom.
Read full article → Economy Plus(28 Oct) The Egyptian pound and the local stock market stabilized on Tuesday following consecutive sessions of sharp declines. The dollar fell to 56.06 EGP for buying and 56.20 EGP for selling, while the EGX30 index rebounded 3.49% to close above 50,000 points.
Read full article → Economy Plus(28 Oct) The Central Bank of Egypt absorbed 705.12 billion EGP in excess liquidity from the banking sector during its weekly fixed-return deposit auction. The liquidity was drained at a fixed return of 19.5%, marking the highest level since May 5, 2025.
Read full article → Economy Plus(28 Oct) The labor minister announced plans to reduce Egypt's unemployment rate to 5.5% by 2030, down from 5.8% in the second quarter of 2026. The ministry also aims to issue 1.33 million work permits for Egyptians abroad in 2026, which is expected to boost remittances by 20%.
Read full article → Economy Plus(28 Oct) The supply minister confirmed that Egypt has maintained safe levels of strategic reserves for basic commodities, averaging six months of coverage. The government also aims to achieve self-sufficiency in wheat by 2030 and plans to increase grain silo capacity to 6 million tonnes.
Read full article → Economy Plus(28 Oct) The industry minister stated that Egypt is studying the establishment of several industrial projects in African countries. He highlighted the pharmaceutical sector as a major opportunity for regional integration, noting ongoing efforts to deepen local manufacturing of active pharmaceutical ingredients and complex biological products.
Read full article → Economy Plus(28 Oct) El Arabya-Elsewedy has increased its total investments to 10 billion EGP, allocating an additional 5 billion EGP for manufacturing and production lines. The company plans to begin local production of four Omoda and Jetour models in the second half of 2027, with a targeted capacity of 4,000 vehicles annually.
Read full article → Economy Plus(28 Oct) Logistics and transport solutions startup Maqtoura plans to offer 20% to 25% of its shares in an initial public offering on the Egyptian Exchange in 2028. The listing is part of a broader strategy to expand operations and increase business volume over the next two years.
Read full article → Economy Plus(28 Oct) Almarai subsidiary Betty has invested more than $500 million in Egypt and outlined an 8.7 billion EGP investment plan for the 2025-2027 period. The company sources 67% of its raw materials locally, exports to over 45 countries, and operates a 7.6-megawatt solar plant that covers 20% of its factory's energy needs.
Read full article → Economy Plus(28 Oct) Saudi authorities brought a fire under control near Aramco facilities in the Ras Tanura area following an attack on the region. The fire broke out in the early hours of Tuesday near the kingdom's largest oil export terminal, with the extent of damages not immediately clear.
Read full article → Economy Plus(28 Oct) QatarEnergy intends to extend the force majeure suspension on liquefied natural gas shipments to Italy's Edison until the end of December. The extension, linked to the war involving Iran, will affect three additional LNG cargoes originally scheduled for delivery.
Read full article → Economy Plus(28 Oct) Jordan purchased about 60,000 tonnes of hard milling wheat from optional origins in an international tender for 120,000 tonnes. Traders believe the kingdom bought the volume from CHS at an estimated $313.95 per tonne cost and freight for the first half of February 2027.
Read full article → Economy Plus(28 Oct) S&P Global Ratings expects global bond issuance growth to slow to 2.7% in 2027, down from an expected 12.2% this year. The projected slowdown marks the weakest pace in five years, driven by higher interest rates and uncertainty from the Middle East conflict.
Read full article → Economy Plus