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Egypt's FY2024/25 economic growth beats expectations at 4.4%: Kouchouk

Egypt’s economic growth for fiscal year (FY) 2024/2025 surpassed expectations, recording 4.4%, driven by strong performance across manufacturing, tourism, communications, and information technology, Minister of Finance Ahmed Kouchouk revealed.

Updated 10/26/2025 8:54:00 AM
World Bank raises Egypt's GDP forecasts for current, next FYs

The World Bank has revised its forecast upward for Egypt’s economic growth during the current and next fiscal years (FYs), as per the latest "Jobs and Women: Untapped Talent, Unrealized Growth" report.

Updated 10/7/2025 10:24:00 AM
Egypt’s tourism sector sees 19.3% growth in Q4 FY2024/25

Egypt’s tourism sector recorded a significant growth of 19.3% in the fourth quarter (Q4) of fiscal year (FY) 2024/2025, as per a statement issued by the Ministry of Planning, Economic Development, and International Cooperation.

Updated 9/30/2025 12:47:00 PM
Egypt's GDP grows to 5% in Q4 FY2024/25

Egypt’s gross domestic product (GDP) growth rose to 5% during the fourth quarter (Q4) of fiscal year (FY) 2024/2025, versus 2.4% in Q4 FY2023/24.

Updated 9/30/2025 11:23:00 AM
Egypt spends EGP 45B to support economy, industry, exports in FY2024/25: Kouchouk

The Egyptian government has disbursed an amount of EGP 45 billion during fiscal year (FY) 2024/2025 to back economic, productive, industrial, and export activities, Minister of Finance Ahmed Kouchouk revealed in a press conference.

Updated 8/31/2025 7:03:00 AM
Egypt records highest-ever USD resources at $8.5 billion in July: Madbouly

Prime Minister Mostafa Madbouly announced that Egypt recorded the highest level of dollar resources in its history last July, amounting to about $8.5 billion.

Updated 8/28/2025 4:45:00 AM
Fitch Solutions' BMI projects Egypt’s GDP growth at 4.7% in FY2025/26

Fitch Solutions’ research unit BMI expects Egypt’s gross domestic product (GDP) to grow to 4.7% in the current fiscal year (FY) 2025/2026, supported by domestic demand, higher investments, and stronger exports, according to data from its latest country risk report for Egypt.

Updated 8/25/2025 7:41:00 AM
Egypt posts record EGP 629B primary surplus in FY2024/25

Egypt achieved its highest-ever primary surplus of EGP 629 billion, equal to 3.6% of GDP, in the fiscal year (FY) 2024/2025, marking an 80% increase year on year (YoY), as per an announcement.

Updated 8/17/2025 8:22:00 AM
CBE projects Egypt’s GDP Growth at 4.8% for FY2025/26

Egypt’s real gross domestic product (GDP) growth is expected to hit 4.8% in fiscal year (FY) 2025/2026 and 5.1% in FY 2026/2027, the Central Bank of Egypt (CBE) highlighted in its Monetary Policy Report for the second quarter (Q2) of 2025.

Updated 8/7/2025 7:04:00 AM
IMF upgrades Egypt’s FY2024/25 GDP growth forecast to 4%

The International Monetary Fund (IMF) has upgraded its forecasts for Egypt’s real gross domestic product (GDP) growth for the fiscal year (FY) 2024/2025 by 0.2%, expecting it to hit 4%, according to the World Economic Outlook (WEO) report for July 2o25.

Updated 7/30/2025 7:36:00 AM
Egypt's real GDP rises to 4.77% in Q3 FY2024/25

Egypt’s real gross domestic product (GDP) growth increased to 4.77% in the third quarter (Q3) of fiscal year (FY) 2024/2025.

Updated 6/30/2025 9:22:00 AM
EBRD cuts Egypt’s GDP growth forecast for 2025, 2026

The European Bank for Reconstruction and Development (EBRD) slashed its forecast for Egypt’s real gross domestic product (GDP) growth in 2025 and 2026 by 0.2% compared to its February expectations

Updated 5/14/2025 7:59:00 AM
World Bank upgrades Egypt’s FY2024/25 GDP growth forecast to 3.8%

The World Bank has raised its forecast for Egypt’s real gross domestic product (GDP) growth for fiscal year (FY) 2024/2025 by 0.3% to 3.8%.

Updated 4/27/2025 2:22:00 AM
Egypt’s NIR Continue Rising

Updated 3/13/2025 11:21:00 AM
Egypt’s economy likely to grow 4% in FY2024/25: Al-Mashat

Egypt’s economy is expected to grow by 4% by the end of fiscal year (FY) 2024/2025, Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat said in an interview with Richard Quest on CNN.

Updated 3/6/2025 7:38:00 AM
Egypt, UAE pen agreement to strengthen economic cooperation

Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib and the UAE’s Minister of Economy Abdullah bin Touq Al-Marri signed the minutes of the fourth session of the Egyptian-Emirati Joint Economic Committee in the UAE.

Updated 2/25/2025 2:57:00 AM
World Bank gears up for 2nd phase of Egypt’s budget support program in 2025

The World Bank (WB) is preparing for the second phase of Egypt’s budget support program, following the successful completion of the $500 million first phase in mid-2024.

Updated 2/5/2025 12:50:00 PM
Egypt plans for unified initiative to support over 5,000 startups

Egypt is considering launching a unified financing initiative aiming to support over 5,000 startups, with 500 of these targeted companies attracting over $1 million each in investments.

Updated 2/5/2025 3:39:00 AM
Top Growing Global Economies in 2025

Updated 1/29/2025 2:22:00 PM