CAIRO – Minister of Planning, Economic Development and International Cooperation Rania Al Mashat announced that Egypt’s economy grew by 4.4% in fiscal year 2024/2025, led by a 17.3% jump in tourism and a 14.68% increase in non petroleum manufacturing, reversing a 5.2% contraction in the previous year. Credit to the real private business sector rose by 7.35%, non petroleum exports grew by 13.7%, and workers’ remittances surged 66.2%. She added that the primary surplus reached EGP 629.2 billion, equivalent to 3.6% of GDP, the highest ever recorded. In the fourth quarter alone, the economy expanded by 5%, the highest quarterly rate in three years. Non petroleum manufacturing grew 18.8% in that quarter, while tourism, ICT, and construction sectors also posted strong gains.