All about The Egyptian Economy
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News
8Egyptian Purchasing Managers' Index Drops to 47.2 in September as Output and Orders Decline
The Egyptian Purchasing Managers' Index fell to 47.2 points in September from 49.6 in August, moving further away from the 50 mark as the decline in output and new orders accelerated.
Suez Canal Earns $567 Million in August 2026, Up 57% Year-on-Year
The Suez Canal generated revenues of $567.1 million in August 2026, a 57% increase compared to last year, signaling a remarkable recovery in international shipping traffic, as reported.
Egypt Achieves 4.2% Economic Growth in 2026 Amid Ongoing Structural Reforms
The Egyptian economy achieved 4.2% growth during the current year, driven by improvements in the tourism, export, and investment sectors, in a positive indicator of the efficacy of the economic reform path.
International Agency Raises Its Outlook for Egypt to Positive Amid Tangible Economic Improvement
An international credit rating agency has raised its outlook for the Egyptian economy to positive, citing a decline in external debt, improved foreign exchange reserves, and a lower budget deficit.
Egypt's Urban Inflation Records 14.9% in July 2026 Amid Persistent Price Pressures
Egypt's urban inflation rate reached 14.9% in July 2026, driven by continuous increases in food and service prices, posing an ongoing challenge to the Central Bank's efforts to control prices.
Egypt's EGX30 Index Rises 29.8% Since Early 2026 Despite Inflation and Economic Challenges
Egypt's EGX30 index recorded gains of 29.8% since the beginning of 2026, delivering an exceptional performance amidst ongoing inflationary pressures and comprehensive economic challenges facing Egypt.
Egypt Raises Inflation Forecasts to 17% and Faces Stagflation Dilemma
The Central Bank of Egypt revised its inflation forecast to 16–17% from 11% due to energy costs, a weakening pound, and regional repercussions, constraining its ability to cut interest rates to support growth.
Egyptian Stock Exchange Rises 29% Since Beginning of Year, Leading Top Emerging Markets Globally
Egypt's EGX 30 index surged by 29% since the beginning of 2026, ranking among the top-performing emerging markets globally, while the Central Bank maintained interest rates at 25.5%.