Hany Geneina, Head of Research at Ahli Pharos Securities, projected that Egypt’s economic growth rate could reach 6.5% in the 2026-2027 fiscal year. This forecast is based on two primary factors: the recovery of Suez Canal activity and stabilization in the real estate sector. n nAccording to Geneina, the real estate market is showing signs of resilience, with sales volumes remaining steady despite fluctuations in property values. This stability is helping to prevent contraction in one of the economy’s key sectors. n nThe anticipated growth also reflects broader improvements in economic performance, particularly in strategic areas such as transportation and infrastructure. The resurgence in maritime traffic through the Suez Canal is expected to contribute significantly to national revenues and foreign exchange inflows. n nGeneina emphasized that maintaining momentum in these sectors will be crucial for sustaining macroeconomic stability and attracting further investment. He noted that consistent policy implementation and structural reforms are supporting investor confidence and laying the groundwork for long-term expansion. n nThe forecast underscores optimism about Egypt’s economic trajectory, provided that current trends in key industries continue and external challenges remain manageable. n— news from جريدة حابي
— News Original —nHany Geneina: Economic Growth Could Reach 6.5% in Next Fiscal Year n nHany Geneina, Head of Research at Ahli Pharos Securities, projected that Egypt’s economic growth rate could reach 6.5% in the 2026-2027 fiscal year. This forecast is based on two primary factors: the recovery of Suez Canal activity and stabilization in the real estate sector. n nAccording to Geneina, the real estate market is showing signs of resilience, with sales volumes remaining steady despite fluctuations in property values. This stability is helping to prevent contraction in one of the economy’s key sectors. n nThe anticipated growth also reflects broader improvements in economic performance, particularly in strategic areas such as transportation and infrastructure. The resurgence in maritime traffic through the Suez Canal is expected to contribute significantly to national revenues and foreign exchange inflows. n nGeneina emphasized that maintaining momentum in these sectors will be crucial for sustaining macroeconomic stability and attracting further investment. He noted that consistent policy implementation and structural reforms are supporting investor confidence and laying the groundwork for long-term expansion. n nThe forecast underscores optimism about Egypt’s economic trajectory, provided that current trends in key industries continue and external challenges remain manageable.