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Egypt’s Economic Growth Accelerates to 5% on Suez Canal Recovery

Summary by Sada El Balad
Egypt’s economy expanded by a preliminary 5% in the third quarter of the 2025/2026 fiscal year, supported by a recovery in Suez Canal activity and stronger performance across several non-oil sectors, according to government data and local media reports
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The Egyptian economy recorded a preliminary growth of 5% in the third quarter of 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 were down to 4.6% due to geopolitical tensions and disruptions in global supply chains, says the press release. Non-oil activities were the main driving force behin…

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Financial Afrik broke the news on Wednesday, May 6, 2026.
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