Egypt's economy is suffering from inflation and unemployment. Can President Sisi fix it? | Al Jazeera English
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Egypt’s economy to grow by 4% by year-end | MOPEDIC Min Egypt’s economy is on track to achieve a 4% growth rate by the end of the current fiscal year, according to Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation In an interview on CNN’s Marketplace Middle East with renowned journalist Richard Quest, Al-Mashat also projected that economic growth could rise to 4.5% in the next fiscal year Despite global challenges creating economic uncertainty, Al-Mashat
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The oil and gas sector serves as a cornerstone of Egypt’s economy, contributing 7.6% of GDP while driving growth and attracting substantial foreign direct investment (FDI). Nonetheless, key challenges persist, including the fiscal burden of fuel subsidies, a growing dependence on imports, and declining export volumes. Through strategic investments and ongoing subsidy reforms, Egypt is laying the foundation for a more resilient and sustainable energy future. Learn more about The Role of Oil & Gas
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