Egypt Economy Grows 5.3% in First Quarter on Reform Momentum

Egypt Economy Grows 5.3% in First Quarter on Reform Momentum

The Egypt economy posted strong growth in the first quarter of fiscal year 2025/2026, with gross domestic product expanding by 5.3%, up from 3.5% in the same period of the previous fiscal year.

The figures highlight a clear acceleration in economic activity.

The Ministry of Planning said the faster pace of the Egypt economy was supported by the continued implementation of economic and structural reforms aimed at strengthening the real economy, empowering the private sector, and shifting growth toward high-productivity tradable sectors.

The Egypt economy has increasingly benefited from expansion in key sectors such as industry, tourism, and telecommunications, which are now acting as major drivers of sustainable growth and job creation.

Officials have raised the growth target for the fiscal year ending in June 2026 to around 5%, noting that this level could be exceeded if reform momentum and foreign investment inflows continue.

This improvement follows a challenging period marked by regional and global tensions, with accelerated reforms, international financing programs, and sizable Gulf investments helping to reinforce the resilience of the Egypt economy.