The Egyptian economy recorded a preliminary growth of 5% in the third quarter of the fiscal year 2025/2026 (January-March 2026), according to the Ministry of Planning and Economic Development, in an announcement published on Wednesday, May 6.
This result exceeds previous forecasts, which had predicted a slowdown to 4.6% due to geopolitical tensions and disruptions in global supply chains, the statement said.
Non-oil activities were the main driver of this performance. Suez Canal activity increased by 23.6%, while tourism, particularly restaurants and hotels, saw an 8.3% increase. The construction sector, on the other hand, posted a growth of 5.6%.
In the industry, non-oil activities grew by 2.1%, supported by strong performance in sectors such as wood, automotive, chemicals, and pharmaceuticals.
The construction sector continued its recovery, driven by large national projects, urban expansion, and increased demand for construction materials.
In the energy and extraction sector, performance improved due to increased investments in drilling and exploration, as well as the settlement of significant arrears owed to foreign partners, contributing to stabilizing the sector.
Finally, new oil discoveries are expected to support the sector’s performance in the coming months and strengthen the trajectory of economic growth.
