The structural picture behind today’s tape — pick an indicator to see its five-year path.
| Index | Level | Change |
|---|---|---|
| S&P 500 | 7,743.98 | -0.17% |
| Dow Jones | 52,475.10 | -0.72% |
| Nasdaq | 26,549.85 | -0.57% |
| FTSE 100 | 10,694.50 | -0.54% |
| DAX | 25,704.02 | +0.23% |
| CAC 40 | 7,886.96 | +0.97% |
| Nikkei 225 | 64,199.27 | +2.40% |
| Hang Seng | 23,106.71 | +0.75% |
| Index | Level | Change |
|---|---|---|
| EGX 30 | 49,281.20 | -1.64% |
| Instrument | Rate / Yield | Note |
|---|---|---|
| Policy corridor | ||
| Overnight deposit | 19.00% | |
| Overnight lending | 20.00% | |
| Main operation | 19.50% | |
| CONIA | 19.518% | |
| Treasury bills | ||
| 91-day | 24.316% | |
| 182-day | 25.166% | |
| 273-day | 25.807% | |
| 364-day | 25.912% | |
| Treasury bonds | ||
| 3-year | 24.432% | |
| Inflation | ||
| Core inflation | 14.100% | |
| Headline inflation | 13.900% | |
| Rate | Level |
|---|---|
| United States | |
| Fed funds target on hold | 3.75–4.00% |
| SOFR (overnight) | 3.95% |
| 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 | 56.07 | +1.45% |
| EUR / USD | 1.1147 | -0.66% |
| GBP / USD | 1.3321 | -0.62% |
| USD / JPY | 157.76 | +0.81% |
| Commodity | Price |
|---|---|
| Gold · XAU/USD +0.28% · $/oz | ▲ $4,049.70 |
| WTI crude -0.28% · $/bbl | ▼ $101.47 |
| Brent crude -4.71% · $/bbl | ▼ $110.36 |
(28 Oct) The Federal Reserve kept its benchmark interest rate unchanged amid persistent inflation concerns. Two committee members dissented from the decision, advocating for a rate increase.
Read full article → CNBC(28 Oct) The British government unveiled a high-stakes budget that reduces household energy costs while increasing taxes on banks. The fiscal plan also allocates substantial new funding toward defense, artificial intelligence and support for Ukraine.
Read full article → CNBC(28 Oct) Microsoft reported quarterly earnings and revenue that exceeded Wall Street expectations. The results were driven by robust expansion in its cloud computing division.
Read full article → CNBC(28 Oct) Alphabet posted its first top-and-bottom-line earnings miss in nearly four years, causing its shares to fall sharply. The company maintained its capital expenditure guidance for the current year while signaling a significant increase for next year.
Read full article → CNBC(28 Oct) The Justice Department is scrutinizing Nvidia’s proposed acquisition of artificial intelligence platform Hugging Face. The inquiry examines the competitive implications of the transaction.
Read full article → CNBC(28 Oct) DoorDash is preparing to announce an acquisition of grocery delivery rival Instacart. The move consolidates the last-mile delivery sector as both companies seek to expand their market footprint.
Read full article → CNBC(28 Oct) Crude oil markets advanced as investors weighed the prospect of prolonged conflict in the Middle East. The rally followed reports that the United States has advised Gulf nations to prepare for potential strikes against Iran.
Read full article → CNBC(29 Oct) India has approved a major increase in military expenditure amid ongoing border tensions with China. The expansion of the defense market is expected to create substantial opportunities for American, Israeli and Russian manufacturers.
Read full article → CNBC(29 Oct) A recent rally in Chinese technology stocks is facing pressure as investors reassess valuations. Market participants are increasingly questioning whether anticipated profits from artificial intelligence can justify current market capitalizations.
Read full article → CNBC(28 Oct) Artificial intelligence startup Anthropic has warned in its initial public offering filing that some risks associated with its technology may be uninsurable. The disclosure highlights a growing challenge for the broader corporate sector in securing adequate coverage for advanced AI deployments.
Read full article → CNBCEgypt macro, the external accounts and the EGX listing pipeline in focus — sourced from economyplusme, CBE, IMF and Enterprise.
(29 Oct) The Egyptian cabinet extended the deadline for tenants of old rent properties to apply for alternative housing units by three months to January 12, 2027. The decision follows a report from the housing ministry detailing the number of applicants and the plan to meet their needs.
Read full article → Economy Plus(29 Oct) The cabinet reviewed a committee report proposing a package of awareness, technical, and legislative measures to counter negative practices on social media. The recommendations include automated monitoring of violations, establishing an operations room, and tightening penalties for spreading rumors.
Read full article → Economy Plus(29 Oct) The Egyptian Exchange reported that the public offering for Cairo Bank was oversubscribed 27 times, with preliminary buy orders reaching 9.29 billion shares. Trading of the bank's shares, priced at 5.30 Egyptian pounds each, is scheduled to begin on November 2, 2026.
Read full article → Economy Plus(29 Oct) Saudi-Egyptian Investment and Financing Company intends to invest up to 20 million Egyptian pounds in Cairo Bank and Misr Life Insurance Company. The company's board authorized its investment committee to contribute up to 10 million pounds to each entity.
Read full article → Economy Plus(29 Oct) The parliament's planning and budget committee preliminarily approved a government bill to support youth in purchasing new natural gas-powered vehicles. The state will cover taxes and customs under the 1 billion Egyptian pound program, which aims to provide 3,000 to 4,000 exempted cars.
Read full article → Economy Plus(29 Oct) Food prices in Egypt are rising again as the local currency depreciates against the dollar and maritime shipping costs increase. The pressures are affecting basic raw materials for the food industry and packaged goods, prompting companies to raise prices and raising concerns over consumer purchasing power.
Read full article → Economy Plus(29 Oct) Egypt targets importing about 15 million barrels of crude oil in the fourth quarter of 2026, an 8% increase year-on-year, to secure local market needs. The cost of these imports is estimated between 1.4 billion and 1.5 billion dollars, funded through short and medium-term credit facilities.
Read full article → Economy Plus(29 Oct) US-based Apache plans to add about 70 million cubic feet of natural gas per day to its Egyptian production in the first quarter of 2027. The company will connect five new wells in its Western Desert concessions, representing a 30 million dollar investment.
Read full article → Economy Plus(29 Oct) Fitch Ratings reported that the combined market capitalization of Gulf stock markets reached about 4 trillion dollars by the end of September 2026. The Saudi market remained the largest in the region, accounting for 63% of the total, followed by the Abu Dhabi Securities Exchange with an 18% share.
Read full article → Economy Plus(29 Oct) The cabinet approved a 30% discount on consumption fees for citizens using code meters installed before 2024 who have not yet settled their building violations. The state will bear the cost of the discount, estimated at 3 billion Egyptian pounds, for a period of six months to allow users to regularize their status.
Read full article → Economy Plus(29 Oct) The agriculture ministry launched an initiative to support small farmers during the new winter season by preparing and planting 1 million feddans of wheat. The program offers a 50% discount on the total cost of agricultural mechanization for landholdings smaller than two feddans.
Read full article → Economy Plus(29 Oct) The government aims to complete the offering and listing procedures for Nasr Glass and Crystal Industries and Yayas Transport Industries by December. Nasr Glass has a paid-up capital of 100 million Egyptian pounds, while Yayas has a capital of 125 million pounds.
Read full article → Economy Plus(29 Oct) The EGX30 index fell 1.64% to close at 49,281 points, with losses extending to the small and mid-cap indices. Egyptian investors were the only net buyers, recording net purchases of 202.886 million Egyptian pounds, while foreign and Arab investors recorded net sales.
Read full article → Economy Plus(29 Oct) The dollar exchange rate remained stable against the Egyptian pound, recording 56.05 pounds for buying and 56.19 pounds for selling. This stability comes despite continued outflows of hot money and net sales by Arab and foreign investors in the secondary debt market.
Read full article → Economy Plus(29 Oct) President Abdel Fattah el-Sisi arrived in Moscow to head the Egyptian delegation at the third Russian-African summit. He is scheduled to deliver a speech at the general session and hold bilateral meetings, including a meeting with Russian President Vladimir Putin.
Read full article → Economy Plus(29 Oct) Trade exchange between Egypt and Russia grew 22.4% year-on-year in the first nine months of 2026, reaching about 4.91 billion dollars. Egyptian imports from Russia increased 25.2% to 4.25 billion dollars, while exports rose 7.1% to 660.4 million dollars.
Read full article → Economy Plus(29 Oct) Rosatom CEO Alexey Likhachev confirmed that Egypt and Russia are discussing cooperation opportunities to localize floating and small nuclear power plant technologies. He added that Russian President Vladimir Putin is personally following the details of the El Dabaa nuclear power plant project.
Read full article → Economy Plus(29 Oct) Members of the Qatar Businessmen Association expressed interest in expanding their investments in the Egyptian market across tourism, real estate, industry, and financial services. They also explored cooperation opportunities with Egyptian companies in artificial intelligence, education, and healthcare.
Read full article → Economy Plus(29 Oct) Exports from Egypt's printing, packaging, and paper sectors increased 23% in the first nine months of 2026 to reach about 867 million dollars. This is up from 707 million dollars during the same period in 2025, according to the sector's export council.
Read full article → Economy Plus(29 Oct) Air Cairo will operate four weekly flights from Hurghada to the Iraqi capital, Baghdad, starting December 22. The flights will operate on Mondays, Tuesdays, Thursdays, and Fridays using Airbus A320neo aircraft with a capacity of 180 passengers.
Read full article → Economy Plus(29 Oct) Sudan has lifted its import ban on 44 Egyptian goods and exempted several food products and industrial inputs from customs duties and taxes. The exemptions cover food items like flour, lentils, rice, and cooking oils, as well as building materials, textiles, and cosmetics.
Read full article → Economy Plus(29 Oct) Abu Dhabi National Oil Company informed some Asian refiners that part of its marine oil supply from the Upper Zakum field will likely be transported via a new pipeline early next year. The project will help the company avoid potential disruptions in the Strait of Hormuz.
Read full article → Economy Plus(29 Oct) Saudi shipping company Bahri reported an 890.7% jump in third-quarter net profit, reaching 5.1 billion riyals, up from 513.36 million riyals a year earlier. The surge was driven by higher global shipping rates and increased operational activities.
Read full article → Economy Plus(29 Oct) Morocco has overtaken South Africa to become the fourth most attractive investment destination on the African continent, driven by years of manufacturing growth and export diversification. The ranking by Rand Merchant Bank reflects the country's successful industrialization and infrastructure investments.
Read full article → Economy Plus(29 Oct) The US Federal Reserve kept its benchmark interest rate unchanged in the 3.75% to 4.00% range, noting that more economic data will help determine the appropriate monetary policy path. The decision was approved by 10 members, with two dissenting in favor of a 25 basis point increase.
Read full article → Economy Plus