Middle East & Central Asia News
LAST UPDATE: June 30, 2025
Egypt’s Economy Grows by 4.77% in Q3 2024/25, Planning Ministry Says
Egypt’s economy expanded by 4.77% in Q3 of FY2024/25. Manufacturing rebounded by over 16%, while the oil and gas sector contracted. Lower Suez Canal revenues also impacted growth.
Insight
Egypt’s recovery is fueled by industrial activity but faces challenges from weak energy exports and external revenue declines. Economic diversification remains crucial for sustained growth.