Health and education allocations in the upcoming fiscal year’s (FY) 2025/2026 budget will see significant growth compared to other sectors, Prime Minister Mostafa Madbouly announced during his weekly press conference.

Moody’s Ratings has affirmed Egypt’s Caa1 long-term foreign and local currency issuer ratings while maintaining a positive outlook, citing progress in external and fiscal rebalancing.

The Financial Regulatory Authority (FRA) has issued decision No. 2 of 2025, outlining new rules and controls for the investment ratios of insurance and reinsurance companies’ funds.

In this Factsheet, we will explore the economic importance and remarkable performance of the tourism sector in Egypt.

Minister of Investment and Foreign Trade Hassan El-Khatib participated in the Egypt VC Summit 2025 held on February 4th and 5th, emphasizing the summit's crucial role in fostering stronger ties between investors and driving sustainable economic growth in Egypt and the broader region.

Egypt’s non-oil private sector saw its first expansion in months, with the Purchasing Managers’ Index (PMI) rising to 50.7 in January from 48.1 in December, according to the latest S&P Global Egypt PMI survey data.

The rapid evolution of financial technology (FinTech) marks a pivotal moment for Egypt’s economy. As one of the largest markets in the MENA region, Egypt is well-positioned to leverage fintech’s potential and drive a competitive digital economy. In recent years, initiatives by the Central Bank of Egypt (CBE) and other financial institutions have prioritized enhancing digital financial literacy among citizens. By expanding fintech literacy, Egypt can unlock the full potential of fintech solutions and provide tailored financial products to underserved populations.

The leather industry has been a key player in Egypt’s industrial landscape, contributing to economic development and export revenues. Renowned for its rich heritage in craftsmanship and access to high-quality raw materials, Egypt’s leather industry is experiencing a remarkable resurgence. This growth is fueled by rising demand and strategic government initiatives aimed at modernizing and expanding the sector.

Prime Minister Mostafa Madbouly unveiled a new initiative worth EGP 30 billion to support Egypt’s industrial sector over the next five years.

The Egyptian economy recorded a growth rate of 3.5% during the first quarter of the fiscal year (FY) 2024/2025, up from 2.7% in the corresponding period of the previous year.

Egypt’s total budget deficit dropped to 3.28% of GDP in the first five months of the fiscal year (FY) 2024/2025, amounting to EGP 560.6 billion, compared to 4.66% during the same period a FY earlier.

Egypt has launched the first phase of a new EGP 30 billion initiative aimed at revitalizing priority industrial sectors.

Minister of Planning and Economic Development, and International Cooperation Rania Al-Mashat has announced the development of an integrated framework to enhance sustainability and financing for economic development following the merger of the ministries.