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
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 AMEgypt’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 PMEgypt’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 AMThe 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
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’ 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 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 AMEgypt’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 AMThe 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 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 AMThe 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
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 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’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
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 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