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.

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.

Prime Minister Mostafa Madbouly met with members of the macroeconomic advisory committee to assess the impact of escalating regional geopolitical tensions and review a set of proposed scenarios, recommendations, and mitigation measures.

Prime Minister Mostafa Madbouly affirmed that the government has no intention of altering the architectural identity of downtown Cairo.

Fitch Ratings has upgraded Egypt's long-term foreign-currency issuer default rating (IDR) to 'B' from 'B-', with a stable outlook, citing significant improvements in the country's external finances, fiscal policies, and economic resilience.

Egypt and Citigroup have probed boosting cooperation in setting policies to promote macroeconomic stability and private sector empowerment.