Egypt's economic growth likely to accelerate, says bank

February 28, 2025-Economic growth in Egypt, the third-largest Arab economy, is expected to accelerate this year, driven by expansion in several sectors including transport, financial services and housing, according to a European development bank.

In the 2024-2025 fiscal year to June 30, growth may accelerate to 3.6 percent from 2.4 percent a year before, and 4.6 percent in 2025-2026, the London-based European Bank for Reconstruction and Development (ERBD) said in a report this week on economic prospects for the south and east Mediterranean region.

view more