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Egypt’s GDP expands 5% in Q3 FY2025/26 amid Middle East turmoil: Rostomt
Egypt’s gross domestic product (GDP) growth hit 5% in the third quarter (Q3) of fiscal year (FY) 2025/2026, versus 4.8% in Q3 of FY2024/2025, according to the preliminary results announced by Minister of Planning and Economic Development Ahmed Rostom. During the weekly Cabinet meeting, chaired by Prime Minister Mostafa Madbouly, Rostom noted that this growth exceeded expectations, as it was anticipated to decline to 4.6% due to geopolitical tensions in the Middle East and higher oil prices. [...]