{"id":685276,"date":"2026-02-18T00:00:00","date_gmt":"2026-02-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/18\/gdp-growth-forecasts-raised-0-7-percentage-points-from-initial-targets-to-5-2-for-the-fiscal-year\/"},"modified":"2026-03-11T10:13:40","modified_gmt":"2026-03-11T10:13:40","slug":"gdp-growth-forecasts-raised-0-7-percentage-points-from-initial-targets-to-5-2-for-the-fiscal-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/18\/gdp-growth-forecasts-raised-0-7-percentage-points-from-initial-targets-to-5-2-for-the-fiscal-year\/","title":{"rendered":"GDP growth forecasts raised 0.7 percentage points from initial targets to 5.2% for the fiscal year."},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, good people, and Ramadan Kareem.<\/strong> We hope you enjoy that final, uninterrupted morning coffee today.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Today, we have a big shift in how Egypt handles its wallet<\/strong>, with the Finance Ministry looking to break the debt treadmill by launching 15-year bonds. Meanwhile, the Nile skyline is getting a massive facelift with an 11-km development plan that includes luxury hotels and high-rises.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And on the economic scoreboard<\/strong>, GDP growth forecasts were bumped to 5.2% for the current fiscal year, and the gender gap in unemployment is narrowing. We also take a deep dive into the world of private equity with Tanmiya Capital Ventures and explore why developers are finding it nearly impossible to build affordable housing without a little help from the state.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/omny.fm\/shows\/enterpriseam-egypt\" style=\"\" rel=\"noopener\">WISH THIS MORNING\u2019S ISSUE was a podcast? We\u2019ve got you. Tap or click here<\/a><\/strong> to listen to Morning Drive, a 10-minute version of today\u2019s issue crafted for you to enjoy with your morning coffee, while getting the kids ready for school, <strong>or while stomping around the house wondering where the [redacted] you left your [redacted] reading glasses<\/strong>.<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Watch this space<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a>  <strong>GROWTH \u2014 E<\/strong><strong>gypt revised its GDP <\/strong><strong>growth forecast for the current fiscal <\/strong><strong>year to 5.2%<\/strong>, up around 0.2 percentage points from its <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/10\/23\/govt-now-sees-the-economy-growing-almost-5-this-fiscal-year\/\" style=\"\" rel=\"noopener\">most recent forecast<\/a>, according to a cabinet <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0dqm17uahBw6kgjATsvdF4hmiVNLZMSVhYcsvLTvnzRgphvgKFEJaawpYuvGY47h6l\" style=\"\" rel=\"noopener\">statement<\/a>. The full-year adjustment follows a robust 5.3% growth rate clocked in for 2Q.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why this matters: <\/strong>Governments around the world often talk about the importance of underpromising and overdelivering, but end up both underpromising and underdelivering. Here in Egypt, with the government keen to signal a newfound fiscal transparency and seriousness under its reform agenda that really kicked off with the float of the EGP, the state can now point to the 12-month period\u2019s growth outlook being a whole 0.7 percentage points above the target it originally set.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cThis growth came as a result of the continued implementation of the package of <\/strong><strong>structural, financial, and monetary reforms <\/strong>that strengthened macroeconomic stability and boosted its ability to adapt to internal and external challenges,\u201d said newly appointed Planning Minister Ahmed Rostom.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>EMPLOYMENT <\/strong><strong>\u2014 The unemployment gender gap is narrowing \u2014 but there\u2019s <\/strong><strong>still a long way to go. <\/strong>While male unemployment was down 0.1 percentage points y-o-y to 3.8% in 4Q 2025, female unemployment fell a whole 2.3 percentage points over the same period to 14.3%, according to data from state statistics agency Capmas. Total unemployment saw a 0.2 percentage point decrease in the quarter to 6.2%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why this matters:<\/strong> The 2.3 percentage point improvement for women suggests a structural shift in how the labor market is absorbing female entrants. Female labor force participation also climbed to 21.7%, up from 18.5% last year, indicating that more women are not just looking for work \u2014 they are finding it.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CAPITAL MARKETS \u2014 Sustainable bond issuances in MENA are projected <\/strong><strong>to hit USD 20-25 bn this year<\/strong>, as regional appetite (+3%) held up against a global slump (-21%) last year, according to a report from <a target=\"_blank\" href=\"https:\/\/www.spglobal.com\/ratings\/en\/regulatory\/article\/sustainability-insights-sustainable-bonds-outlook-2026-middle-east-issuance-persists-s101662092\" style=\"\" rel=\"noopener\">S&P Global<\/a>. In 2025, the region\u2019s total conventional bond issuance grew 10-15% to USD 81.2 bn, but the real story is the maturation of the sustainable sukuk market, which hit a record USD 11.4 bn (up 44% y-o-y). Sustainable sukuk accounted for 45% of all regional sustainable bond value last year, up from 33% a year earlier.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The market is a two-horse race<\/strong>, with the UAE and Saudi Arabia accounting for 80% of all sustainable regional bond issuances by value last year. While banks led the charge in Saudi, the UAE and Turkey saw corporates take the wheel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Adding another layer to the funding mix<\/strong>, Islamic syndicated financing is also gaining traction. Outstanding global Islamic syndications rose about 16% last year to roughly USD 215 bn, lifting their share of total syndicated financing in core markets to 27.6%, <a target=\"_blank\" href=\"https:\/\/www.fitchratings.com\/research\/non-bank-financial-institutions\/islamic-syndications-key-funding-source-saudi-uae-concentration-17-02-2026\" style=\"\" rel=\"noopener\">Fitch<\/a> says. Activity remains heavily concentrated in Saudi Arabia (34% of global outstanding) and the UAE (33%), with Egypt trailing at 8%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>ENERGY \u2014 Th<\/strong><strong>e Energos Eskimo floating<\/strong><strong> storage and regasification unit will <\/strong><strong>return to Ain Sokhna by the summer to handle the jump in demand<\/strong>, a government source tells EnterpriseAM. The vessel <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/01\/19\/oil-ministry-is-working-overtime-to-ensure-we-see-an-uptick-in-natgas-production\/\" style=\"\" rel=\"noopener\">left<\/a> the port for maintenance last month amid a decline in seasonal demand.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The country may need its full regasification capacity to handle the expected <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/17\/the-government-is-wagering-that-a-no-blackout-summer-is-worth-the-sizable-deficit-hit\/\" style=\"\" rel=\"noopener\">electricity<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/17\/the-government-is-wagering-that-a-no-blackout-summer-is-worth-the-sizable-deficit-hit\/\" style=\"\" rel=\"noopener\">demand<\/a><\/strong><strong> rise<\/strong> <strong>of 6-7%<\/strong> in the hotter months of the year, which will be offset partly by some 130 incoming LNG shipments. The vessels are also essential to the Oil Ministry\u2019s <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/03\/more-of-a-toll-booth-gas-hub-strategy\/\" style=\"\" rel=\"noopener\">toll-booth approach<\/a> to serving as a regional energy hub.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** DID YOU KNOW that we cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong>, the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">UAE<\/a><\/strong><strong> and the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/mena-india\/en\" style=\"\" rel=\"noopener\">MENA-India<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/mena-india\/en\" style=\"\" rel=\"noopener\">Corridor<\/a><\/strong><strong>?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/omny.fm\/shows\/enterpriseam-egypt\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/780.jpg?ssl=1\"\/><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Data point<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>77.6% \u2014 that was E<\/strong><strong>gypt\u2019s financial inclusi<\/strong><strong>on rate at the end of 2025<\/strong>, marking a 219% increase compared to 2016 and bringing the country within striking distance of its <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/01\/21\/gourmet-to-temporarily-list-400-mn-shares-on-the-egx-starting-today\/\" style=\"\" rel=\"noopener\">80% target<\/a> by FY 2029-30, the Central Bank of Egypt said in a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/centralbankofegypt\/posts\/pfbid02qeqKRFmsG1CV8sdp3KwTkg8cb3yXwxFshbPHeZuk8CRgRUEMnDWF4CQFhbdbZwNNl?rdid=FZHcKbeWOoWi0EnE#\" style=\"\" rel=\"noopener\">statement<\/a>. Today, some 54.7 mn adults aged 15 and above hold active financial accounts, out of a total adult population of 70.5 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">PSA-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- It\u2019s another cool, but dry, day in Cairo today<\/strong>, with a high of 23\u00b0C and a low of 12\u00b0C, according to our favorite weather app.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a similar story in Alexandria<\/strong>, with a high of 21\u00b0C and a low of 11\u00b0C.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">The big story abroad<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The <\/strong><strong>Netfli<\/strong><strong>x-Paramount-Warner Bros saga is making waves once again<\/strong>, after Warner Bros Discovery <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/251fec8a-b4ea-44e7-abd2-e471f268e3a8\" style=\"\" rel=\"noopener\">gave<\/a> Paramount a seven-day window to propose its final bid, giving the suitor one last chance to counter rival Netflix\u2019s offer. This came after Warner Bros rejected Paramount\u2019s USD 30-per-share offer, but gave it a chance to put in its \u201cbest and final\u201d offer. Investors have hinted that they will accept no less than 33 a share to consider a competing offer to Netflix\u2019s current bid.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Social media giant Meta <\/strong><strong><a target=\"_blank\" href=\"https:\/\/about.fb.com\/news\/2026\/02\/meta-nvidia-announce-long-term-infrastructure-partnership\/\" style=\"\" rel=\"noopener\">will buy<\/a><\/strong><strong> mns of Nvidia chips<\/strong> under a multiyear agreement worth tens of bns of USD. The move potentially gives the chipmaker a leg up in maintaining its dominance as it faces intense competition from AMD and even from its own pool of Big Tech clients. Meta framed the move as an infrastructure agreement, whereby it will use the hardware for its AI-optimized data centers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- <\/strong>A few software companies <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-02-17\/private-software-companies-open-their-books-early-to-calm-nerves?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">released their latest earnings early<\/a> to quell the recent equity selloff prompted by fears over AI overtaking the tech sector. Speaking of the selloff, it showed signs of abating with the S&P 500 information technology sector <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/sustainable-finance-reporting\/us-stock-futures-slip-persistent-ai-disruption-fears-2026-02-17\/\" style=\"\" rel=\"noopener\">rebounding from previous losses<\/a>, closing in the green yesterday. The upswing was bolstered by gains in Apple and Nvidia stocks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2503.jpg?ssl=1\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Hardhat day \u2014 your weekly briefing of all things infrastructure in Egypt:<\/strong> EnterpriseAM\u2019s industry vertical focuses each Wednesday on infrastructure, covering everything from energy, water, transportation, and urban development, as well as social infrastructure such as health and education. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In today\u2019s issue: <\/strong>We talk to industry insiders to find out why the private sector needs a viable business equation to step in affordable housing. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, good people, and Ramadan Kareem. We hope you enjoy that final, uninterrupted morning coffee today. Today, we have a big shift in how Egypt handles its wallet, with the Finance Ministry looking to break the debt treadmill by launching 15-year bonds. Meanwhile, the Nile skyline is getting a massive facelift with an 11-km [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":685277,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7204],"tags":[104,72,348,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-685276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-economy","tag-enterpriseam","tag-gdp","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"5919986d-e3fc-421c-bfc6-ecec3699c4e6","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/2\/1151.jpg","photo_position":"above","homepage_title":"","full_issue_title":"GDP growth forecasts raised 0.7 percentage points from initial targets to 5.2% for the fiscal year","related_issue":[685274],"teaser":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>GDP growth forecasts raised 0.7 percentage points from initial targets to 5.2% for the fiscal year. - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/18\/gdp-growth-forecasts-raised-0-7-percentage-points-from-initial-targets-to-5-2-for-the-fiscal-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GDP growth forecasts raised 0.7 percentage points from initial targets to 5.2% for the fiscal year.\" \/>\n<meta property=\"og:description\" content=\"Good morning, good people, and Ramadan Kareem. We hope you enjoy that final, uninterrupted morning coffee today. Today, we have a big shift in how Egypt handles its wallet, with the Finance Ministry looking to break the debt treadmill by launching 15-year bonds. Meanwhile, the Nile skyline is getting a massive facelift with an 11-km [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/18\/gdp-growth-forecasts-raised-0-7-percentage-points-from-initial-targets-to-5-2-for-the-fiscal-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-18T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-11T10:13:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2026\/2\/1151.jpg?fit=%2C&ssl=1\" \/><meta property=\"og:image\" content=\"https:\/\/ent.news\/2026\/2\/1151.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1\" \/>\n\t<meta property=\"og:image:height\" content=\"1\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/18\/gdp-growth-forecasts-raised-0-7-percentage-points-from-initial-targets-to-5-2-for-the-fiscal-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/18\/gdp-growth-forecasts-raised-0-7-percentage-points-from-initial-targets-to-5-2-for-the-fiscal-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"GDP growth forecasts raised 0.7 percentage points from initial targets to 5.2% for the fiscal year.\",\"datePublished\":\"2026-02-18T00:00:00+00:00\",\"dateModified\":\"2026-03-11T10:13:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/18\/gdp-growth-forecasts-raised-0-7-percentage-points-from-initial-targets-to-5-2-for-the-fiscal-year\/\"},\"wordCount\":1190,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/18\/gdp-growth-forecasts-raised-0-7-percentage-points-from-initial-targets-to-5-2-for-the-fiscal-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/2\/1151.jpg?fit=%2C&ssl=1\",\"keywords\":[\"economy\",\"EnterpriseAM\",\"GDP\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/18\/gdp-growth-forecasts-raised-0-7-percentage-points-from-initial-targets-to-5-2-for-the-fiscal-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2026\/02\/18\/gdp-growth-forecasts-raised-0-7-percentage-points-from-initial-targets-to-5-2-for-the-fiscal-year\/\",\"name\":\"GDP growth forecasts raised 0.7 percentage points from initial targets to 5.2% for the fiscal year. - 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IMF","author":"enterpriseam admin","date":"26 July 2021","format":false,"excerpt":"The IMF sees FDI in Egypt climbing in each of the next four years. Egypt could see foreign direct investment jump as much as 60% this fiscal year compared to last year, the International Monetary Fund said in a report (pdf) released following its second review of Egypt\u2019s USD 5.2\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/248.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571843,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/egypts-gdp-to-grow-2-5-this-fiscal-year-3-7-in-the-next-one-focuseconomics\/","url_meta":{"origin":685276,"position":2},"title":"Egypt\u2019s GDP to grow 2.5% this fiscal year, 3.7% in the next one -FocusEconomics","author":"enterpriseam admin","date":"2 June 2020","format":false,"excerpt":"Egypt\u2019s GDP to end current fiscal year with 2.5% growth, record 3.7% in FY2020-2021 -FocusEconomics: Egypt\u2019s GDP growth is expected to clock in at 2.5% this fiscal year, which wraps on 31 June, according to revised forecasts from Spain-based FocusEconomics picked up by the local press. The research firm expects\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572029,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/09\/world-bank-downgrades-egypts-gdp-growth-forecast-this-fiscal-year-to-3-0\/","url_meta":{"origin":685276,"position":3},"title":"World Bank downgrades Egypt\u2019s GDP growth forecast this fiscal year to 3.0%","author":"enterpriseam admin","date":"9 June 2020","format":false,"excerpt":"World Bank downgrades Egypt\u2019s GDP growth forecast to 3.0% for the fiscal year ending this month: The World Bank expects Egypt\u2019s economy to end the current fiscal year \u2014 which comes to a close on 30 June \u2014 with 3.0% growth, down from the 5.9% the bank had penciled in\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/6\/93.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573214,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/egypt-records-3-8-economic-growth-for-fy2019-2020\/","url_meta":{"origin":685276,"position":4},"title":"Egypt records 3.8% economic growth for FY2019-2020","author":"enterpriseam admin","date":"26 July 2020","format":false,"excerpt":"The economy grew 3.8% in the state fiscal year that ended on 30 June, despite fallout from the covid-19 pandemic, according to preliminary figures published by Ittihadiya on Saturday. The figures, discussed during a meeting between President Abdel Fattah El Sisi and senior ministers at the weekend, surpass government forecasts\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/198.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547776,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/egyptian-economy-grew-by-6-2-in-2021-2022-planning-minister\/","url_meta":{"origin":685276,"position":5},"title":"Egyptian economy grew by 6.2% in 2021-2022 -planning minister","author":"enterpriseam admin","date":"6 July 2022","format":false,"excerpt":"Economic growth accelerates in FY2021-2022: The Egyptian economy grew at a 6.2% clip in FY2021-2022, up from 3.3% the previous year, Planning Minister Hala El Said told CNBC Arabia yesterday.This meets recent government forecasts\u2026: The government had upped its growth forecast for the fiscal year to 6.2% in May on\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/135.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/685276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=685276"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/685276\/revisions"}],"predecessor-version":[{"id":687555,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/685276\/revisions\/687555"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/685274"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/685277"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=685276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=685276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=685276"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=685276"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=685276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}