Egypt’s GDP for FY Q2 hits 4.3%

Egypt’s GDP growth rate continued to recover during Q2 FY 2024/2025, recording 4.3%, up from 2.3% in the same quarter of the previous fiscal year. According to local media reports, the sectors driving the expansion were tourism (reflected in restaurants and hotels), communication, non-oil manufacturing and information technology (ICT), as well as trade-related transportation and storage — despite disruptions in the Suez Canal due to ongoing geopolitical tensions.