BNP Paribas forecasts Egypt’s GDP growth at 5.2% in FY2025/26

French multinational universal bank BNP Paribas expects Egypt’s real gross domestic product (GDP) to rise by 5.2% in the fiscal year (FY) 2025/2026, according to the bank’s latest report.

Updated 11/17/2025 2:07:00 PM

BNP Paribas expects CBE to raise interest rates by up to 300 bps in Q1 2024

The Central Bank of Egypt (CBE) is forecasted to hike policy rates by 200 to 300 basis points (bps) in the first quarter (Q1) of 2024, accompanied by a change in the exchange rates, Mohamed Abdel Majeed, Middle East and North Africa economist at BNP Paribas, said.

Updated 1/11/2024 12:01:00 PM

Egypt’s external accounts management nears its limits: BNP Paribas

Egypt's external accounts management, including buying time with external backing between two severe exchange rate changes, is nearing its limits, according to a report by BNP Paribas.

Updated 10/19/2023 11:32:00 AM

BNP Paribas expects Egypt’s real GDP to hit 4% in FY 2022/2023

BNP Paribas added Egypt’s privatization program could lightly relief external financing requirements that are expected to remain high for at least two years.

Updated 4/19/2023 9:35:00 AM