Egypt GDP Growth Driven by Reforms and Investment

Egypt's GDP growth rate reached 4.3% in Q2 FY 2024/2025, up from 2.3% the previous year, driven by structural reforms, increased private investment, and expansions in non-oil manufacturing, tourism, and ICT. These reforms aim to diversify growth sources and enhance competitiveness amid global uncertainties, with private investment surpassing public investment for the second consecutive quarter. Meanwhile, Egypt's Industrial Production Index saw a modest rise of 0.59% in January 2025, with significant growth in the Food Products and Beverage industries, despite declines in the Leather and Pharmaceutical sectors. In contrast, Albania's GDP grew by an annual 3.63% in Q4 2024, primarily due to contributions from public administration, education, health, and trade sectors, marking a slight decrease from the previous quarter.