Fitch Solutions’ research arm BMI has revised Egypt’s gross domestic product (GDP) growth forecast for fiscal year (FY) 2025/2026 at 5%, up from 4.7% previously projected in August, according to Enterprise News, citing Ramona Moubarak, Head of MENA Country Risk at Fitch Solutions.
Updated 10/26/2025 10:35:00 AM
Fitch Solutions expects Egypt’s economic indicators to improve gradually during the period from fiscal year (FY) 2024/2025 to FY 2027/2028, as per a statement by the Egyptian Cabinet Media Office.
Updated 5/4/2025 4:10:00 AM
Egypt's real household spending is expected to grow by 3.1% year-on-year (YoY) to EGP 2.1 trillion in 2025, lower than 7.5% for 2024, according to Egypt 2025 Consumer Outlook article by BMI, a Fitch Solutions company.
Updated 1/28/2025 8:34:00 AM
Egypt’s economic growth is expected to fall to 3.7% from 4.2% in fiscal year (FY) 2024/2025, according to Egypt Country Risk Report by BMI, a Fitch Solutions Company.
Updated 12/19/2024 8:44:00 AM
Egypt's vehicle production is expected to grow steadily in the coming years, but it may fall behind competitors in North Africa, according to a recent BMI report from Fitch Solutions.
Updated 9/4/2024 7:55:00 AM
BMI Research, a Fitch Solutions company, expects the construction sector in Egypt to grow by 7.5% year on year (YoY) in the current fiscal year (FY) 2023/2024.
Updated 3/27/2024 9:09:00 AM
Fitch Ratings forecasts Egypt’s revenues from the Suez Canal to decline to $9 billion during the current fiscal year (FY) 2023/2024 due to the Gaza-Israel conflict and the continuous attacks by Houthis in the Red Sea.
Updated 1/28/2024 12:03:00 PM