}

Egypt sees FY2025/26 growth at 4.9%-5.1% amid regional tensions

Egypt’s economic growth is expected to reach between 4.9% and 5.1% in fiscal year (FY) 2025/2026 due to current regional tensions, Minister of Planning and Economic Development Ahmed Rostom highlighted.

The Waterway to establish EGP 10B real estate investment fund

The Waterway, an Egyptian real estate company, plans to establish a real estate investment fund worth EGP 10 billion ($190.2 million) during the first half (H1) of 2026 to finance its projects, CEO Hossam Hassan told Asharq Business.

How did the economic conditions impact Egyptians' preparations for Eid AlFitr?