Egyptian Pound Holds Near 53.67 as PMI Hits Fastest Contraction Since January 2023
Egypt's pound holds at 53.67/USD as PMI hits lowest since Jan 2023; S&P forecasts further depreciation amid economic headwinds.
Stay up to date with market headlines
Markets • View all news
Egypt's pound holds at 53.67/USD as PMI hits lowest since Jan 2023; S&P forecasts further depreciation amid economic headwinds.
Strong US tech earnings are outweighing Iran war fears, boosting S&P 500 estimates, but market gains remain highly concentrated in top stocks.
Fitch affirms Abu Dhabi's 'AA' rating with stable outlook, citing strong finances despite Iran war risks and projected 2026 economic contraction.
US futures rise as S&P 500, Nasdaq hit records on strong tech earnings, despite energy shock risks from US – Iran tensions and Strait of Hormuz closure.
The 2026 Hormuz crisis caused record global energy disruption, slashing oil/gas flows and driving up prices, especially impacting Asia and food costs.
US stocks hit record highs as easing Middle East tensions and AI investment surge drive markets, led by gains in tech and semiconductor sectors.
Oil jumps above $106 as Strait of Hormuz closure sparks global market stress, raising yields and volatility while equities and gold decline.
Dubai stocks rose 0.28% to 5,878 as liquidity neared AED 900M, signaling steady institutional inflows and a controlled, stable uptrend.
Oil jumps 6% and dollar rebounds as Hormuz tensions revive inflation fears, likely delaying Fed rate cuts and raising market uncertainty.
EGX30 jumps 1.8%, Talaat Moustafa up 7.9% after $27B megacity news, fueling Egypt's real estate-led market rally.
Track markets in real time—from precious metals and equities to macro releases. Each headline is paired with source links and concise context so you can move from scan to action fast.
نحن وشركاؤنا الموثوقون نستخدم ملفات تعريف الارتباط وتقنيات مشابهة لتحسين تجربتك في التصفح، وتحليل حركة المرور، وتخصيص المحتوى والإعلانات، وفهم كيفية تفاعل الزوار مع موقعنا.
بالنقر على «قبول الكل»، فإنك توافق على تخزين ملفات تعريف الارتباط على جهازك ومعالجة بياناتك الشخصية (مثل معرّفات الجهاز وسلوك التصفح وموقعك الجغرافي) لأغراض التحليل والإعلانات وتحسين الأداء.
قد تتم مشاركة البيانات مع مزودي خدمات التحليل والإعلانات (مثل Google Analytics وGoogle Ads وشبكات تسويق أخرى) وقد تُنقل خارج بلدك لضمان تقديم الخدمات بالشكل المناسب.
.لمزيد من المعلومات، يُرجى قراءة
سياسة ملفات الارتباط وسياسة الخصوصية
.
We and our trusted partners use cookies and similar technologies to enhance your browsing experience, analyze site traffic, personalize content and advertisements, and understand where our visitors come from.
By clicking “Accept All”, you consent to the storage of cookies on your device and the processing of your personal data (such as device identifiers, browsing behavior, and location data) for analytics, advertising, and functionality purposes.
Data may be shared with our analytics and advertising service providers (such as Google Analytics, Google Ads, and other marketing networks) and may be transferred outside your home country to ensure proper delivery of these services.
To learn more, please read ourCookie Policy and Privacy Policy.