RIYADH: Egypt’s gross domestic product grew by about 5.3 percent during the first quarter of the 2025/2026 fiscal year — its highest in more than three years — according to a senior official.
Rania Al-Mashat, Egypt’s minister of planning, economic development, and international cooperation, said the acceleration in growth was driven by improvements in productive sectors, according to an official statement.
She noted that the outlook for Egypt’s economy is increasingly positive, supported by ongoing reforms, a shift toward productive activities, and broader real-economy development. Growth is expected to reach 5 percent by the end of the fiscal year, she added.
This also aligns with ministry data released in September showing that the economy expanded 4.4 percent in fiscal year 2024/25, supported by a strong fourth quarter when growth reached a three-year high of 5 percent.
In a Facebook post from the Egyptian Cabinet Presidency’s handle, Al-Mashat said: “Private sector investments achieved remarkable growth of 25.9 percent, accounting for 66 percent of total investments.”
