Messages by H.E. Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, on the GDP indicators for the first quarter of fiscal year 2025–2026*

• For the first time in more than three years, Egypt’s quarterly GDP growth during the first quarter of fiscal year 2025/2026 reaching 5.3%.

 

• The growth momentum is accelerating, supported by improvements in productive sectors and the continuation of economic and structural reforms.

 

 • Egypt’s economic outlook is becoming more positive with ongoing reforms, and 5% growth is expected by the end of the year.

 

• The performance of the Egyptian economy reflects a shift toward productive sectors and the development of real-economy industries.

 

• Private-sector investments achieved a remarkable growth of 25.9%, accounting for 66% of total investments.

 

• The Suez Canal overcomes contraction, achieving 8.6% growth for the first time, since December 2024, with the return of stability to the Red Sea region.

 

• Financial intermediation, insurance, electricity, wholesale trade, and construction activities continued to support growth during the first quarter.

 

• The government continues to improve the industrial business environment and implement further reforms to localize industry and technology.

 

• The Communications and Technology sector growth is driven by a clear strategy to transform the sector from service-based to production-based.

• Increased investments in the Outsourcing and Digital exports sector promote the sector's growth opportunities in the coming period.

 

• The Tourism sector witnesses increasing growth, supported by increased investments in infrastructure and the expansion of private-sector investments.

 

• The opening of the Grand Egyptian Museum underscores the positive prospects for the tourism sector and reinforces Egypt’s position as a global tourist destination.

 

• The pace of contraction in the Extraction sector is easing with recent discoveries in gas and oil fields.

 

• There is a clear government direction toward improving the governance of public investments, focusing on priorities, and giving greater space to the private sector.

 

• Stability enables reform, and reform strengthens stability—laying firm foundations for economic development.

• The state is working to localize high-tech industries based on knowledge and advanced technology.