Standard Chartered expects Egypt’s economic growth to gradually recover over the medium term, projecting GDP growth to reach 4.7% in FY27, supported by improving macroeconomic conditions and continued reform momentum.
The outlook was presented during Standard Chartered’s Global Research Briefing, attended by Business Today Egypt, where the bank outlined its latest macroeconomic forecasts and medium-term expectations for Egypt.
The bank revised its FY26 GDP growth forecast for Egypt to 3.6%, citing near-term external and domestic pressures, but maintained a stronger recovery outlook for FY27 as inflationary pressures ease and external conditions improve.
The briefing highlighted Egypt’s strategic geographic position and diversified economy as key long-term drivers supporting its investment case, noting its role as a hub along major trade and investment corridors linking the Middle East, Africa, Asia, and Europe.
Standard Chartered also expects policy rates to decline further through 2028 as macroeconomic conditions stabilize, which should support credit growth, financing activity, and private sector investment.
Mohammed Gad, Chief Executive Officer and Head of Coverage, Standard Chartered Egypt, said Egypt remains one of the region’s most strategically important and diversified economies, supported by its scale, location, and long-term reform agenda.
He added that while short-term pressures have weighed on activity, the medium-term outlook remains positive, driven by easing inflation and improving fundamentals, which are expected to enhance Egypt’s attractiveness to regional and international investors.
The bank said the combination of ongoing reforms, improving stability, and Egypt’s strategic positioning will help create a more supportive environment for investment and private sector growth in the years ahead.