Daily News-


Egyptian Prime Minister Mostafa Madbouly has directed the government to translate the recommendations of the national media development committee into an executive action plan ahead of a major sector-wide conference scheduled for December.

The directive came during a meeting convened to follow up on presidential instructions issued by Abdel Fattah Al-Sisi regarding the development of the Egyptian media system. The session was attended by Minister of State for Information Diaa Rashwan, Head of the Supreme Council for Media Regulation Khaled Abdel-Aziz, Head of the National Press Authority Abdel-Sadek El-Shorbagy, and Head of the National Media Authority Ahmed El-Moslemany.

According to a Tuesday cabinet statement, the discussions focused on addressing the sector’s financial challenges, promoting objective dialogue, and ensuring the country’s media institutions can adapt to rapid technological shifts.

Translating Recommendations into Action

At the outset of the meeting, Madbouly stated that the government’s primary focus in the coming months must be clear: “How do we translate the recommendations that emerged from the media development committee… into an executive action plan.” He stressed that all efforts must be geared towards this objective before the annual media conference convenes in December.

The prime minister noted that President Sisi’s recent directives underscore the importance of fostering a professional and responsible media dialogue. This dialogue, he said, should present diverse opinions within a framework of mutual respect and adherence to national constants, enriching public debate and enhancing societal awareness.

Madbouly highlighted the work of the main committee for Egyptian media development, chaired by Khaled Abdel-Aziz, which has completed a set of important recommendations. These recommendations will be implemented in coordination with relevant authorities, forming the basis of the state’s roadmap for the sector.

Addressing Financial and Institutional Challenges

A significant portion of the government’s strategy involves stabilising the financial footing of state media institutions. Madbouly referenced ongoing meetings with the heads of media authorities aimed at settling debts and addressing financial imbalances, noting that these steps are crucial for ensuring the financial sustainability necessary for the institutions to optimally perform their roles.

Minister of State for Information Diaa Rashwan confirmed that his ministry has concluded its study of the committee’s results and formulated an initial framework for timelines and implementation mechanisms. He added that the upcoming December conference will serve as a comprehensive platform to discuss the multifaceted issues facing Egyptian media.

Rashwan outlined the proposed main themes for the conference, which include the economic and financial aspects of media institutions, access to information, free and responsible media, professional issues, and the conscious coverage of public affairs—spanning the national economy, foreign policy, national security, sports, and social issues.

Adapting to the Digital Era

The need to keep pace with rapid technological advancements was a recurring theme throughout the meeting. Khaled Abdel-Aziz emphasised the importance of adapting to new communication methods and evolving patterns of content consumption to ensure media messages reach citizens effectively and professionally. He praised the government’s commitment to developing the sector as a fundamental pillar for building public awareness.

Ahmed El-Moslemany, Head of the National Media Authority, reviewed ongoing efforts to upgrade the authority’s operations, aiming to achieve tangible progress on longstanding challenges before the December conference. These efforts include resolving the issue of pensioner dues at Maspero, advancing digital transformation and infrastructure upgrades, and modernising transmission stations.

El-Moslemany stated that the authority is adopting a “digital first” strategy to maximise the role of digital media. He pointed to concrete steps taken in this direction, such as the development of the “Maspero Platform,” which aims to enhance the digital presence of national media content in line with global industry trends. He also stressed the importance of objective dialogue and responsible coverage in talk shows, strategies for handling trending content on social media, and preparing for the future of digital and individual media.

Abdel-Sadek El-Shorbagy, Head of the National Press Authority, echoed the call for clear implementation mechanisms based on the committee’s recommendations. He stressed the need to define specific roles and responsibilities in the lead-up to the annual conference to ensure its desired objectives are met, while commending the prime minister’s efforts to resolve the problems facing press institutions.

Daily News-

Egyptian Minister of Health and Population Khaled Abdel Ghaffar chaired a regular meeting with senior ministry officials to review healthcare performance indicators, strengthen coordination across the health system, and accelerate improvements in public health services, the Health Ministry said.

The meeting, attended by deputy ministers, senior officials, and heads of health authorities, also included directors of health directorates across Egypt via video conference.

Abdel Ghaffar reviewed progress in implementing previous directives, assessed performance indicators across governorates, and discussed plans to improve healthcare services, strengthen the medical workforce, and enhance discipline and operational efficiency within healthcare facilities.

The minister stressed the importance of closer coordination between central ministry departments and provincial health directorates, calling for more frequent field inspections and unannounced visits to monitor service delivery, identify shortcomings, and address operational challenges promptly.

Deputy Minister of Health Amr Kandil presented the findings of a field survey covering 2,354 households in the governorates of Alexandria, Beni Suef, and Ismailia. The study assessed access to healthcare services, patterns of service utilisation, household healthcare spending, and factors influencing the use of medical services, while also gathering citizens’ feedback and recommendations.

Abdel Ghaffar directed officials to translate the survey findings into rapid implementation measures by addressing identified gaps and incorporating the results into healthcare development plans to improve patient experience and the quality of medical services.

The meeting also reviewed the rollout of digital performance dashboards across governorates and an electronic monitoring platform for national health projects, designed to provide daily implementation updates, improve oversight, and support faster decision-making.

Participants also discussed recent incidents involving assaults and disputes in hospital emergency departments. Abdel Ghaffar stressed that violations committed by either healthcare workers or members of the public would not be tolerated, adding that legal and administrative measures would be enforced firmly against offenders.

He also called for expanding training programmes for emergency department staff to strengthen communication skills, improve the management of difficult situations, and safeguard patients’ rights while maintaining the quality of healthcare services.

Health Ministry spokesperson Hossam Abdel Ghaffar said the regular meetings are part of the ministry’s ongoing efforts to monitor performance, address operational challenges, and continuously improve healthcare services across the country.

Daily News-


Delta Capital for Urban Development (DCUD) is targeting total sales of EGP 100bn from its ISLA mixed-use development and the CAPO commercial and administrative project in New Mansoura City, while aiming to complete the new Al Ahly Club branch within three years, CEO Ahmed Nesr said.

Speaking on the sidelines of the foundation stone-laying ceremony for Al Ahly Club’s New Mansoura branch, Nesr outlined the strategic partnership between Delta Capital, Nations of Sky, and Al Ahly Club to develop and operate the club’s newest branch.

The club will be built on a 40-feddan site, with Delta Capital serving as the executive developer and Nations of Sky as the landowner. Designed by engineering consultancy YBA, led by Yasser El Beltagy, the project is expected to be completed within three years at an estimated investment cost of EGP 1.5bn.

Nesr described the development as the first Al Ahly Club branch outside Greater Cairo, saying it is expected to become a major attraction and a key driver of value for the surrounding urban development.

He said ISLA is one of the largest integrated mixed-use developments in New Mansoura City, spanning 300 feddan and incorporating the CAPO commercial and administrative project. Delta Capital aims to generate EGP 100bn in total sales from the two developments and complete construction within five years.

The company is currently awarding contracts for the first two phases of ISLA, representing investments of EGP 9bn, to two of Egypt’s leading contractors. The names of the companies will be announced soon, he added.

According to Nesr, ISLA occupies a strategic location overlooking the Mediterranean Sea while fronting the International Coastal Road, positioning it as one of the main gateways to New Mansoura for the Delta region.

The master-planned development will feature residential, commercial, administrative, hospitality, and entertainment components, alongside landscaped green spaces and integrated services. The Al Ahly Club branch is expected to serve as one of the project’s main anchors, enhancing its long-term appeal and investment value.

Although located on the Mediterranean coast, ISLA has been designed as a year-round primary residential community rather than a seasonal destination, offering integrated living supported by a full range of services and amenities, Nesr said.

On the company’s growth strategy, Nesr said Delta Capital is targeting around EGP 20bn in contracted sales during 2026, with sales expected to accelerate following the launch of two new developments in the Delta region and West Cairo in 2027.

He added that the company owns a diversified land bank across the Delta, as well as in 6th of October City and Sheikh Zayed City, noting that licensing procedures are nearing completion for a new mixed-use residential investment project in Sheikh Zayed.

Founded in 2015, Delta Capital has developed three major projects along Egypt’s northern Delta coast, covering a combined area of 120 feddan. Two of the developments, comprising around 4,000 units, are already operational, while the third is currently being delivered.

The company is also partnering with Nations of Sky to develop the ISLA project in New Mansoura, whose first phase generated EGP 15bn in sales during 2025.

Daily News-


Misr Abu Dhabi for Real Estate Investments (MAD), a real estate investment, asset management, and asset transformation company, has unveiled its growth and expansion strategy, focused on unlocking value across a diversified portfolio of real estate assets.

During a press conference, the company announced plans to develop an integrated hospitality project at a strategic location opposite the Grand Egyptian Museum (GEM), underscoring its focus on capitalising on opportunities in the tourism and hospitality sectors while enhancing the investment value of strategically located real estate assets.

Backed by the legacy and institutional strength of one of Egypt’s oldest financial institutions, MAD is pursuing a strategy centred on revitalising underutilised real estate assets and land banks while optimising their performance.

By combining the governance standards of the banking sector with specialised real estate expertise, the company aims to activate these assets, improve their performance, and align them with current and future market demand.

MAD said its approach is based on active asset management and partnership-driven execution, with an emphasis on creating sustainable long-term value rather than pursuing rapid expansion.

The company’s portfolio spans five sectors: residential, commercial, administrative, tourism and hospitality, and healthcare. It also highlighted several projects that reflect this strategy, including the planned hotel development opposite the Grand Egyptian Museum.

The project, which will be developed in partnership with a leading investor, is envisioned as an integrated hospitality destination comprising a hotel, retail outlets, restaurants, and cafés, designed to serve visitors to one of Egypt’s most prominent cultural and tourism landmarks.

In Ras Sedr, South Sinai Governorate, MAD also showcased the Blue Bay project. Following the comprehensive renovation of the development and the successful operational launch of its first phase, the company is now preparing to begin work on the second phase.

Reflecting on the company’s vision, Maged Salah El Din, CEO of Misr Abu Dhabi, said: “Egypt’s real estate sector is creating significant opportunities for investors and operators who can unlock value from existing assets. At MAD, our focus is on identifying assets with strong underlying fundamentals and transforming them into destinations and developments that meet evolving market demand.

Daily News-


Egypt and Pakistan have agreed to establish a joint periodic cooperation platform between their planning ministries to exchange development visions and expertise, following a proposal by Islamabad during talks in New York.

Egyptian Minister of Planning and Economic Development Ahmed Rostam welcomed the proposal from his Pakistani counterpart, Minister of Planning, Development and Special Initiatives Ahsan Iqbal Chaudhary. The bilateral meeting took place on the sidelines of the UN High-Level Political Forum on Sustainable Development (HLPF 2026) and was attended by Wael Eldahshan, Counsellor at Egypt’s Permanent Mission to the United Nations.

During the talks, the two officials discussed mutual concerns, primarily challenges related to development financing and improving the implementation efficiency of development projects. They also reviewed mechanisms for keeping pace with technological advancements by integrating artificial intelligence applications to support comprehensive development efforts.

Rostam stressed the importance of enhancing institutional cooperation between the two countries and benefiting from inspiring national experiences in developmental planning. He outlined Egypt’s efforts in drafting its medium-term economic and social development plan, describing it as an integrated framework for improving planning efficiency and achieving national targets.

The Egyptian minister explained that his ministry’s vision focuses on upgrading the participatory development planning process to ensure the efficiency of public investments. This approach aims to maximise the impact of development projects, initiatives, and programmes, contributing directly to the creation of productive employment and the improvement of citizens’ quality of life.

Addressing the business environment, Rostam highlighted Egypt’s efforts to build and support its entrepreneurship ecosystem. He pointed to the work of the “Ministerial Group for Entrepreneurship” and various state initiatives in technology and capacity building designed to develop a supportive incubator environment for innovation.

The ministers also discussed opportunities to expand trade and joint investments to strengthen economic partnerships and support sustainable development in both countries.

Daily News-


The Financial Regulatory Authority (FRA) has released its quarterly performance report on precious metals investment funds, highlighting continued growth in gold and silver funds through 25 June 2026, driven by a rising investor base and expanding product offerings.

According to the report, the combined net assets of gold and silver investment funds increased to EGP 9.35bn in June 2026, up from approximately EGP 9.28bn at the end of March.

The investor base also expanded significantly, with the number of clients rising to around 329,000 in June from 289,000 three months earlier, representing growth of 14%. The figures reflect sustained demand for a relatively new investment product in the Egyptian market.

The report showed that retail investors account for 71% of total investors, while institutional investors represent the remaining 29%. Among individual investors, males account for 83% of clients, compared with 17% for females.

Young investors continue to dominate the market. Those aged between 20 and 30 represent the largest segment at 39.4%, followed by investors aged between 30 and 40 at 32%, meaning that more than 70% of investors are between the ages of 20 and 40. The report said this reflects the growing appeal of precious metals funds among younger investors. Greater Cairo accounted for the largest share of investors across these funds.

Gold investment funds alone attracted approximately 306,500 investors across seven funds by the end of June, with total assets reaching EGP 9.2bn.

The report also highlighted the continued diversification of investment products, supported by the launch of new gold and silver funds during the second quarter of the year, providing investors with a wider range of investment opportunities and greater scope for portfolio diversification.

The silver investment segment was launched for the first time during the second quarter of 2026 with the introduction of Egypt’s first two silver investment funds. Together, the funds accumulated assets worth EGP 146.1m from around 22,300 investors.

Islam Azzam, Chairperson of the FRA, said the positive performance reflects growing investor confidence and the continued development of Egypt’s precious metals investment fund market.

He added that the market is playing an increasingly important role in providing diversified investment instruments that meet the needs of different investor segments, supporting the FRA’s efforts to deepen non-banking financial markets and enhance their attractiveness.

Azzam also noted that more than 70% of investors in gold and silver funds are between the ages of 20 and 40, underscoring younger investors’ preference for innovative investment products. He said this highlights the importance of accelerating the adoption of financial technology, developing new investment products, and continuing to strengthen transparency, market efficiency, and investor protection in line with the FRA’s evolving regulatory framework.

Daily News-


Egypt’s Ministry of Finance is advancing plans to establish 800 schools through public-private partnerships (PPPs), while preparing to launch 30 technical schools with European accreditation that will enable graduates to work directly in European labour markets, according to Atter Hanoura, Head of the Central PPP Unit at the Ministry of Finance.

Speaking during the opening session of the fifth Annual Education Investment Summit, held under the theme “Creating an Enabling Investment Environment for the Education Sector: The State’s Role in Developing Infrastructure and Attracting Strategic Partnerships,” Hanoura said investment in education is a long-term investment in human capital that requires close cooperation between the government and the private sector.

He stressed that neither the government nor the private sector can independently meet Egypt’s growing education needs, arguing that an integrated partnership model is essential to channel investments in line with national development priorities and labour market requirements.

Hanoura highlighted the success of several privately developed technical schools serving industrial sectors and noted that the Ministry of Finance, in cooperation with the Ministry of Education, launched Egypt’s first PPP language schools project in 2019 and 2020. The schools became operational in 2020 with the aim of providing high-quality education for middle-income families at affordable tuition fees.

Under the PPP model, the government allocates land through long-term usufruct agreements at nominal rates, while private investors finance, build, and operate the schools under contracts that include performance indicators and government oversight.

Hanoura said the first phase of the initiative delivered positive results, with annual tuition fees averaging around EGP 52,000. The original plan envisaged launching the second and third phases to reach a total of 800 schools over five to seven years, but implementation was delayed by a shortage of suitable land.

He revealed that the government is now coordinating with the Ministry of Education to launch the second phase of the programme, which includes the construction of 57 new schools, with additional batches to be offered annually as more land becomes available.

Turning to technical education, Hanoura said the government plans to establish around 30 technical schools in partnership with the private sector on land transferred from the Ministry of Housing to the Ministry of Education.

The schools will be built to international standards and receive accreditation from European institutions, allowing graduates to work directly in European labour markets without the need for their qualifications to undergo additional recognition procedures.

Hanoura added that the government is close to finalising the contract for the first school under the programme and is simultaneously working on six additional technical education initiatives, with plans to expand the model over the coming years.

The Ministry of Finance is also studying the expansion of the Nile Schools model through PPPs by allocating state-owned land for new schools or allowing existing private schools to adopt the Nile Schools curriculum under the supervision of the Ministry of Education.

Under the proposed model, part of the revenues generated from the programme would be allocated to teacher training and professional development, Hanoura said.

Daily News-


Yahia Aboul Fotouh, Chief Executive Officer of Housing and Development Bank (HDB), said the banking sector views investment in education as a cornerstone of sustainable development and human capital formation, stressing that financing education is a long-term investment that supports economic growth.

Speaking at the opening session of the fifth Annual Education Investment Summit, held under the theme “Creating an Enabling Investment Environment for the Education Sector: The State’s Role in Developing Infrastructure and Attracting Strategic Partnerships,” Aboul Fotouh highlighted the banking sector’s role in advancing Egypt’s education ecosystem.

He noted that government spending on education has exceeded 2.5% of GDP, compared with UNESCO’s recommended range of 4% to 6%, underscoring the need for continued investment to enhance educational outcomes and strengthen the country’s human capital.

Aboul Fotouh said investment in education delivers tangible economic returns, pointing to remittances from Egyptians working abroad, which are approaching $40bn, as one of the country’s most important sources of foreign currency.

He explained that these remittances are a direct result of investing in qualified professionals, including engineers, doctors, technicians, and other skilled workers, generating substantial income for the national economy with relatively low operating costs compared with many other sectors.

According to Aboul Fotouh, the banking sector supports investment in education through three main pillars.

The first is financing educational institutions by providing funding for the establishment and expansion of schools, universities, and technical and vocational education and training (TVET) institutions.

The second is direct and indirect investment through partnerships with private-sector investors to establish educational institutions. He praised the government’s strategy of linking newly established universities with leading international academic institutions to facilitate knowledge transfer and improve the quality of higher education.

The third pillar is corporate social responsibility, through which banks support underprivileged students and help finance applied and research universities, including Zewail City of Science, Technology and Innovation and Nile University, expanding access to high-quality education.

Aboul Fotouh stressed that investment in education has become increasingly important amid the rapid adoption of artificial intelligence and digital transformation, noting that banks require professionals equipped with future-ready skills. This, he said, reinforces the banking sector’s commitment to supporting education through financing, strategic investment, and corporate social responsibility initiatives.

The fifth Annual Education Investment Summit opened on Tuesday, organised by Cassy Media for the fifth consecutive year under the joint patronage of the Ministries of Finance, Investment and Foreign Trade, and Planning, Economic Development and International Cooperation, alongside the Egyptian Exchange (EGX), the General Authority for Educational Buildings, and the General Authority for Investment and Free Zones (GAFI).

The summit is supported by several leading economic and educational institutions, including e-finance, e& Egypt, and True Finance Lease as strategic sponsors, in addition to Abu Dhabi Islamic Bank Egypt, Badr University in Cairo, GIZ, the Industrial Development Bank, Classera, Tahoun Law Firm, and Khemet AI.

Daily News-

Turkish firm Ukinox manufacturing company has signed a $14m contract to establish a stainless steel products plant in the Sokhna Industrial Zone, aiming to produce 1.2 million kitchen sinks annually.

The contract was signed at the headquarters of the General Authority of the Suez Canal Economic Zone (SCZone) in the New Capital by Major General Walid Youssef, Managing Director of the Main Development Company (MDC) – the authority’s developmental industrial developer arm – and Orhan Hakoglu, Chairperson of Ukinox.

The facility will span 37,000 square metres and create 220 direct jobs, with the first phase of operations and production scheduled to begin in mid-2028. The project will manufacture stainless steel kitchen sinks as part of the value-added engineering industries, directing its output to meet the needs of both local and foreign markets.

Walid Gamal El-Din, Chairperson of the SCZone, who witnessed the signing ceremony, stated that the Sokhna Industrial Zone continues to enhance its position as one of the authority’s most important industrial arms. He highlighted its integrated system of equipped industrial lands, advanced facilities, and proximity to the Sokhna seaport, which allows investors to establish competitive production projects regionally and globally.

The new project reflects the zone’s ability to attract specialised engineering industries that contribute to deepening local manufacturing and supporting value-added industries, Gamal El-Din noted.

He added that the Ukinox project represents a qualitative addition to the engineering industries map within the SCZone, aligning with the authority’s drive to attract investments aimed at localising advanced industries and enhancing integration across supply chains.

Supporting the expansions of companies with production and export capabilities helps build a more diverse industrial base and supports the state’s orientation towards increasing exports and maximising the strategic location of the SCZone as a global industrial and logistics hub, Gamal El-Din explained.

The Ukinox manufacturing company project is being implemented under an expansion initiative for industrial companies and institutions with export capabilities within the SCZone. The initiative is coordinated with the Administrative Control Authority to support the growth of industrial investors and enhance their production and export capacities.

Daily News-


Egypt allocated EGP 28bn to export support during the 2025/26 fiscal year, a 55% increase from the previous year, as part of the government’s efforts to boost production, exports, and private sector investment, Minister of Finance Ahmed Kouchouk said.

Speaking during the first meeting of the joint committee between the Ministry of Finance and the Egyptian Exporters Association – Expolink (EEA), Kouchouk said the government’s fiscal policy is designed to encourage investment by providing strong support for production and exports.

He said the state budget reflects the government’s priorities of driving economic growth, enhancing competitiveness, and maintaining fiscal stability.

Kouchouk added that the government’s economic team is working in close coordination to create a more attractive business environment for the private sector, with continuous cooperation across ministries and relevant authorities to integrate economic priorities into government programmes, initiatives, and implementation.

The minister reaffirmed the government’s commitment to continuing structural reforms aimed at delivering tangible improvements to economic performance and living standards.

He noted that the business community had responded positively to the government’s tax facilitation initiative, which contributed to a 28% increase in tax revenues during the previous fiscal year without introducing any new tax burdens, reflecting stronger economic activity and improved taxpayer compliance.

Kouchouk stressed that the government remains committed to maintaining direct communication with exporters and investors to address any challenges they face, expressing hope that ongoing policy reforms would translate into tangible benefits for the business community.

Rasha Abdel Aal, Head of the Egyptian Tax Authority, said the second package of tax facilitation measures is designed to strengthen the partnership of trust with taxpayers by introducing additional incentives and simplifying tax procedures.

She said the package includes a range of practical and flexible solutions to address tax-related challenges and improve the overall tax environment.

Abdel Aal added that the authority is ready to implement the package as soon as the necessary legislation is enacted, alongside several facilitation measures that have already been introduced without requiring legislative amendments.

She also noted that the law governing the settlement of tax disputes has been extended until the end of December, while solidarity contribution payments will now be deductible from the tax base to reduce taxpayers’ financial burdens. In addition, the suspension period for value-added tax on machinery, equipment used in industrial production, and medical devices has been extended from two years to four years.


Ahmed Amway, Head of the Egyptian Customs Authority, said efforts are continuing to simplify customs procedures and reduce average customs clearance times.

He said an advanced risk management system has been introduced to support advance customs clearance, giving priority to companies participating in the Authorised Economic Operator (AEO) programme. Under the new system, shipments assigned to the yellow inspection channel will undergo documentary checks only, while those in the green and blue channels will be subject solely to X-ray inspection.

Nevine Mansour, Adviser to the Minister of Finance for Economic Institutions Relations, said the government has paid EGP 70bn to exporters over the past six years, including EGP 12.6bn during the last fiscal year.

She added that the government aims to clear all outstanding export subsidy arrears within the next two years, reflecting its commitment to strengthening exports and enhancing their competitiveness in regional and international markets.

Mohamed Kassem, Chairperson of the Egyptian Exporters Association, outlined the main challenges facing Egyptian exporters and welcomed the government’s tax and customs reforms, saying they would help improve the competitiveness of Egyptian products and support export growth.

He described exports as the true engine of economic development, highlighting their role in expanding production, attracting investment, generating foreign currency earnings, and opening new markets for Egyptian goods. He added that strengthening export capacity would support comprehensive economic development, create jobs, and improve living standards.

Samir Aref, Deputy Chairperson of the EEA, stressed the importance of encouraging corporate mergers through supportive policies that simplify procedures, accelerate approvals, and remove regulatory obstacles.

He said such measures would help ensure the sustainability of merged companies, strengthen their competitiveness in domestic and international markets, and increase their contribution to Egypt’s economic growth.

SPA-

The Egyptian Exchange closed higher today.

The market capitalization of listed companies rose by approximately EGP 28 billion, reaching EGP 3.865 trillion, with total trading volume reaching approximately EGP 78.8 billion. This included bond, treasury bill, and block trades, while equity market transactions amounted to approximately EGP 12 billion.

The main index, EGX 30, rose by 0.50% to 52,558.39 points. The EGX 70 index for small and medium-sized enterprises increased by 1.42% to 16,790.88 points, and the broader EGX 100 index climbed by 1.12% to 22,607.88 points.

The Saudi Stock Exchange's main index closed down 11.10 points today, settling at 10,704.51 points, with trading valued at SAR 3.9 billion.

According to the Saudi Press Agency's daily economic bulletin for the Saudi Stock Exchange, 105 million shares were traded. Shares of 87 companies rose, while shares of 170 companies declined.

The top gainers were shares of real estate, chemical, industrial means, Jamjoom Pharm, and Masar, while the biggest losers were shares of production, research and media, pharmaceuticals, development, and Asig. The percentage changes ranged between a gain of 5.62% and a loss of 6.35%. Americana, Petro Rabigh, chemical, Jabal Omar, and Jarir were the most actively traded stocks by volume, while Al Rajhi, Al Ahli, Saudi Aramco, Red Sea, and Petro Rabigh were the most actively traded by value. The Saudi parallel stock index (Nomu) closed today up by (42.88) points, reaching a level of (22581.79) points, with trading valued at (8) million Saudi riyals, and the volume of traded shares exceeded (1.4) million shares.

SPA-

The Moroccan stock exchange closed higher today, with its main index (MASI) rising by 0.38% to close at 17,882.04 points.

The index of performance of listed companies also rose by 0.33%, closing at 1,324.01 points, as did the index of top-performing companies, which also reached 1,324.01 points.

As for international indices, the FTSE Morocco 15 Liquidity Index closed up by 0.12% at 15,349.95 points.

Total trading volume reached approximately 142 million Moroccan dirhams, while the market capitalization reached approximately (...) Moroccan dirhams.

Trading Economics-


South Korea’s seasonally adjusted unemployment rate fell to 2.7% in June 2026 from 2.8% in the previous month. The economy added 63,000 jobs during the month, marking the first rebound in two months, bringing total employment to 29.15 million from 29.09 million a year earlier. Job growth remained in the 200,000 range in February and March before slowing to 74,000 in April and contracting by 40,000 in May, the first decline in 17 months. Employment gains were driven by health and social welfare services (+214,000), arts, sports and recreation (+55,000), and transportation and logistics (+48,000), while manufacturing (-97,000) and agriculture, forestry and fisheries (-95,000) continued to shed jobs. The youth employment rate, people aged 15 to 29, fell to 43.9%, down 1.7 percentage points. Meanwhile, the number of unemployed people totaled 834,000 in June, up 10,000 from a year earlier, while the number of economically inactive people rose by 181,000 from a year ago.

Trading Economics-


Japan’s core machinery orders, which exclude volatile sectors such as ships and electric utilities, plunged 12.4% mom to JPY 962.0 billion in May 2026, far worse than market forecasts for a 4.2% decline and a reversal from an 8.7% gain in the prior month. It was the third monthly decline so far this year and the steepest drop since December 2019, reflecting broad-based weakness in business investment. Orders from manufacturers dropped 14.9% (vs 5.1% in April), while non-manufacturing orders fell 9.3% (vs 6.7%). Among manufacturers, the steepest declines came from shipbuilding (-80.5%), information and communication electronics (-23.6%), and business-oriented machinery (-14.3%). In the non-manufacturing sector, orders weakened notably in real estate (-69.3%), transport and postal (-23.3%), and goods leasing (-18.6%). On an annual basis, machinery orders fell 1.5%, swinging from April's 15.6% surge and missing estimates for a 12.9% gain and pointing to the fastest drop in six months.