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President Abdul Fattah al-Sisi

Egypt country datafile
Country overview
Government contacts

Country data

Iran 2008 2009 2010 2011 2012 2013f 2014f
Nominal GDP ($bn) 162.4 188.6 218.8 235.6 262.3 271.4 286.1
GDP per capita ($) 2,160 2,453 2,780 2,930 3.179 3.226 3.333
Real GDP growth (annual change, %) 7.2 4.7 5.1 1.8 2.2 2.1 2.3
Government revenue (% of GDP) 28 27.7 25.1 22.0 22.1 23.0 26.7
Government total expenditure (% of GDP) 36.0 34.6 33.4 31.8 32.7 37.1 37.8
Total government debt (gross, % of GDP) 70.2 73.0 73.2 76.6 78.9 89.2 91.3
Current account balance (% of GDP) 0.5 -2.3 -2.0 -2.6 -3.9 -2.1 -1.3
Value of oil imports 9.6 7 5.2 9.3 11.8 12.5 12.5
Value of oil exports 11.2 7.9 8 10.2 11.2 11.3 10.7
Inflation (%) 11.7 16.2 11.7 11.1 8.7 6.9 10.7
Click to see full economic data (2005 - 2018 forecast)
Source: International Monetary Fund, World Economic Outlook Database; Last updated: July 2014; *=Estimate

MEED comment

Coal-fired power plant

Coal back on the agenda

27 January 2015 | By

GCC and North Africa look to coal for power generation

Egypt's President Abdul Fattah al-Sisi

Egypt’s need for stability could come at a high cost

22 December 2014 | By

Al-Sisi’s hardline approach could store up future problems

Protester are angered at the clearing of former leader Hosni Mubarak of his part in the killing of protesters during the 2011 uprising

Al-Sisi’s iron fist may not be enough Subscription

30 November 2014 | By

Thousands turn out to protest against Mubarak decision

Egypt renewables

Egypt commits to renewables Subscription

27 November 2014 | By

Cairo now faces the challenges of implementing and financing the projects

Suez Canal

Egypt seeks to revamp its reputation Subscription

16 October 2014 | By

Suez Canal projects are playing a symbolic role in kick-starting the Egyptian economy

Egypt needs to work with international oil companies to fast-track projects to develop gas fields

Cairo looks for escape route Subscription

18 September 2014 | By

Egypt is struggling to find a way to solve its escalating gas crisis


The battle to bring West Nile Delta online Subscription

11 September 2014 | By

Delays to getting Egypt’s biggest gas project producing will punish the Egyptian economy


Egypt moves ahead with key power projects Subscription

3 July 2014 | Updated: 7 July 2014 | By

Energy projects top the agenda for Egypt’s new government with atomic power proposed as the main solution


Journalists’ jailing fuel for instability Subscription

26 June 2014

The imprisonment of three Al-Jazeera journalists could turn support for Al-Sisi against him

Egypt Al-Sisi supporters

Al-Sisi will be under pressure Subscription

12 June 2014

Egypt’s newly elected president faces a tough year ahead as he juggles the needs of the people along with those of foreign investors

Reform: Whoever is elected must make tough choices

Stability falls to next leadership Egypt Subscription

24 April 2014 | By

Egypt’s new leadership must work out how to revitalise the economy while balancing political stability and electoral satisfaction

Ports: Tenders have been issued for ports projects

Signs of a turn in Egypt’s fortunes Subscription

3 April 2014 | By

While new infrastructure projects indicate an improvement in Egypt’s economy, stability is still a key issue


Al-Sisi faced with daunting mission Subscription

27 March 2014 | By

If the ex-army chief is elected leader, he will have to ensure stability as well as a democratic government

More MEED commentary

Egypt trends


Cairo faces similar difficulties to Amman Subscription

27 January 2015

For developers and clients, Egypt’s wind and solar feed-in tariff programme is a learning curve, which will be shaped by dialogue and trial and error

Although Egypt has installed power capacity of more than 30GW, poor maintenance and gas shortages meant that in 2013, the country could not meet peak demand of 27GW

Egypt tackles utility gap Subscription

12 January 2015 | By

Following years of underinvestment and with demand increasing across the country, the government is launching a series of new projects and is looking to engage the private sector

Middle East contract awards December 2014

Middle East contracts awarded: December 2014 Subscription

7 January 2015

Over $6bn of contracts awarded in December in the Middle East

Transition: Al-Sisi now faces the challenge of building up the institutional legitimacy of his rule

Projecting stability in Egypt Subscription

23 December 2014 | By David Butter

Cairo is sending out the message that Egypt is stable and ripe for new investment, but how secure is a state that relies so heavily on repression?

Egypt's economic profile

Resetting Egypt's clock Subscription

23 December 2014 | By

Cairo is promising to revitalise Egypt’s economy over the coming five years. Hanan Salem, first deputy minister for economic and financial policies, explains how

Egypt government budget deficit and GDP growth

Egypt energy outlook remains hazy Subscription

23 December 2014 | By

Optimism is growing over Cairo’s plans to increase gas supply, but it remains to be seen whether the government and international oil firms can come through on their promises

Egypt foreign direct investment and borrowing

Cairo attempts to woo investors Subscription

23 December 2014 | By

Egypt must convince international investors that the country is on the road to recovery if it is to attract funding for business expansion and planned infrastructure projects

Middle East contracts October 2014

Middle East contracts awarded: October 2014 Subscription

1 December 2014

Over $13bn of contracts awarded in October in the Middle East

Renewables just one element of Egypt's strategy

Renewables just one element of Egypt's strategy Subscription

1 December 2014 | By

Cairo recently launched 4,300MW direct proposal renewable energy programme

Egypt electricity supply and power and water projects

Cairo cuts costly electricity subsidies Subscription

2 November 2014 | By Richard Nield

The Egyptian government hopes subsidy reform and its plans for the country’s beleaguered power sector will attract private investors

Power and water

Region’s utility sector races to meet demand Subscription

30 October 2014 | By

With rapid population and industrial growth, the Middle East and North Africa is a key market for companies involved in the power and water sectors

Egypt oil and gas balance

Israeli gas exports to Egypt look increasingly likely Subscription

23 October 2014 | By

Cairo’s failure to ease shortage makes Israeli gas an attractive option

Egypt has finally taken action on reducing electricity price subsidies

Egypt takes the plunge Subscription

22 October 2014 | By Bernadette Ballantyne

As Cairo finally takes action on reducing electricity subsidies, other regional states are feeling the pressure to step up their reform efforts as consumption continues to rise

Filter Egypt analysis by sector

Special reports

Egypt's President Abdul Fattah al-Sisi

Egypt: Major challenges ahead for Al-Sisi

23 December 2014

Egypt’s president needs to appease local and international sentiments to ensure the stability his government is projecting

Region: Political stability a must to be able to go nuclear

Nuclear: Backing key to plans Subscription

7 August 2014

The highly regulated nature and requirements of the nuclear power industry means foreign support is key to the region’s ambitions


Rethinking Egypt's cities

4 May 2014

Egypt rises to the urban development challenge

Egypt's new cabinet

Egypt: New leadership and continuing challenges Subscription

20 March 2014

Egypt has yet to solve its leadership crisis, but Army chief Abdel Fattah al-Sisi’s potential presidential candidacy could hark back to a Mubarak style of rule

Egypt's president, Mohamed Mursi

Egypt: Frustrations rise over lack of progress Subscription

5 June 2013

Building a new order of governance in Egypt after 30 years of dictatorship was always going to be an immense challenge


Power & Water: Egypt takes on supply crisis Subscription

17 January 2013

Power supply problems were recently illustrated by the government’s proposal to introduce new closing hours in the hospitality sector


Egypt: Tackling the economic and political crises in Egypt Subscription

28 June 2012

Five hundred days after Hosni Mubarak lost power, Egypt has a democratically elected president

More Egypt special reports

Market presentations

Middle East Outlook 2013

A region in transition: Middle East outlook 2013 and beyond Subscription

18 August 2013

Insight and analysis on the economic and projects outlook for the Middle East

Project Finance

Webinar: Middle East project finance outlook Subscription

17 June 2013

Market constraints to continue, with deals flowing to most stable markets in the region

Mena renewables 2013

Webinar: MENA Renewable Energy Subscription

12 May 2013

In this presentation, MEED discusses the trends and prospects for renewable power in the region

After the Uprisings webinar

After the Uprisings: The outlook for business in the Middle East in 2013 and beyond Subscription

4 March 2013

A webinar on the region’s business environment, providing current data and exclusive expert analysis drawn from MEED’s team of experts

More MEED webinars

Top 10 projects


Rank Project Name Sector Contract value ($m)
1 Uptown Cairo Construction 2,100
2 Mostorod New Refinery: Hydrocracker Oil 1,900
3 New Giza Construction 1,800
3 Damietta Fertiliser Plant Expansion Chemical 1,800
5 Tahrir Petrochemicals Complex: Offsites & Utilities Chemical 1,700
6 Mostorod New Refinery: Crude Distillation Unit Oil 1,600
7 Grand Heights Construction 1,170
8 Sharm el-Sheikh Scheme Construction 1,000
8 Degla Palms Construction 1,000
10 Ashgar City Construction 914
Click through to the full data table on Egypt's biggest projects in construction
Click through to MEED's Q3 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: November 2014; All projects are in execution

Project awards

Gas flare

Egypt awards $2.2bn in gas contracts Subscription

29 January 2015 | By

Contracts awarded to Vitol, Noble Group, Trafigura and BP to supply 75 cargoes of LNG

Power plant

Egypt signs financing deal for power plants Subscription

18 January 2015 | By

Financing secured for South Helwan and Assiut power plants


Eni awarded Egyptian oil and gas concessions Subscription

18 January 2015 | By

Italian oil and gas company signs agreement for the offshore North Leil and Karawan blocks 

Rail intersection

Alstom wins contract for Egyptian railway line Subscription

18 January 2015 | By

France-based firm wins contract to modernise Egyptian trains

Power plant gas turbines

ElSewedy to build two power plants Subscription

8 January 2015 | By

Emergency projects to address Egypt’s shortfall


Cairo to Cape Town road work awarded Subscription

18 December 2014 | By

Arab Contractors take on part of ambitious African road project that plans to connect Egypt and South Africa

Suez Canal

Two teams win Suez Canal dredging Subscription

19 October 2014 | By

The work is divided into five lots

Egypt desert

Eni wins three Egyptian exploration licences Subscription

29 September 2014 | By

Blocks are located in Western Desert and offshore


Dana Gas awarded two Egyptian offshore concessions Subscription

29 September 2014 | By

UAE gas company is awarded two blocks in the Nile Delta

Egypt has awarded seven oil and gas exploration blocks in deals worth a total of $187m

Egypt awards seven oil and gas blocks Subscription

21 September 2014 | By

Exploration licences granted for sites in Gulf of Suez and Western Desert

Gulf of Suez

RWE Dea wins new concessions in Egypt Subscription

18 September 2014 | By

Egyptian General Petroleum Corporation awards germany’s RWE Dea two concessions in the Gulf of Suez

The agreements were signed on 10 September and require Apache to drill 11 wells

Apache to drill 11 wells in Egypt Subscription

14 September 2014 | By

Authorities push to increase activity in oil and gas sector

All companies

Misr Oil Processing Company Subscription

Misr Oil Processing Company of Egypt, established in 1998 is a petroleum company active in urea and ammonia production at the Damietta Fertiliser Plant Expansion project

Arab Organisation for Industrialisation Subscription

The Arab Organisation for Industrialisation (AOI) is an industrial organisation in Egypt, responsible for infrastructure, environmental protection, transportation projects and energy services.

See all company profiles


Abdul Fattah al-Sisi

Abdul Fattah al-Sisi Subscription

22 January 2015

Abdul Fattah al-Sisi is President of Egypt

Amr Seif Subscription

8 October 2013

Amr Seif is head of asset management, EFG Hermes

Nabil Fahmy Subscription

16 July 2013 | By

Nabil Fahmy is foreign minister, Egypt

Ahmed Galal Subscription

16 July 2013 | By

Ahmed Galal is the new finance minister in Egypt’s interim government

Ziad Bahaa El-Din Subscription

15 July 2013 | By

Ziad Bahaa El-Din is Egypt’s new deputy prime minister for Egypt’s interim government

Younes Makhyoun Subscription

11 July 2013 | By

Younes Makhyoun is chairman of the Salafist Al-Nour party

More Egypt biographies

Latest Egypt news


Phase two of Lagia oil field to start Subscription

29 January 2015 | By

SacOil announces milestone in Egypt development

Egypt to import gas for three to four years

Egypt to import gas for three to four years Subscription

29 January 2015 | By

Official says unconventional gas may help country achieve energy independence

Gas flare

Egypt awards $2.2bn in gas contracts Subscription

29 January 2015 | By

Contracts awarded to Vitol, Noble Group, Trafigura and BP to supply 75 cargoes of LNG

Egyptian currency

Weakened Egyptian pound to lure investors Subscription

28 January 2015 | By

Pound falls once more to 7.43 against the dollar

Photovoltaic solar power

Egypt clarifies renewables participation Subscription

28 January 2015 | By

Companies may participate in more than one consortium

Michelle Davies and Gus Shellenkens

Egypt focus for renewables Subscription

26 January 2015 | By

The country’s plans for solar and wind plans make renewables attractive for investors

Steven Griffiths

A significant year for solar Subscription

25 January 2015 | By

Solar plans are expected to accelerate in 2015

Egyptian pound continues depreciation

Egyptian pound continues depreciation Subscription

25 January 2015 | By

Fall could boost exports and attract investment


Renewable strategies take shape Subscription

22 January 2015 | By

Renewable energy plans in Egypt and Dubai grabbed the headlines during World Future Energy Summit 2015

Generous pricing for Egypt renewables scheme will have to cover connection, tax and land costs

Costs cut into Egypt feed-in tariff profits Subscription

22 January 2015 | By

Generous pricing for renewables scheme will have to cover connection, tax and land costs

Photovoltaic solar power

Egypt considers second round of solar Subscription

21 January 2015 | By

Grid capacity to be improved with $549m investment


Egypt wants renewables online by 2016 Subscription

21 January 2015 | By

Tight timescale for wind and solar feed-in tariff scheme

Egypt targets nuclear and coal as energy sources

Egypt sets sights on nuclear and coal Subscription

20 January 2015 | By

Several sites under study as part of generation expansion plan

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MEED events


Invest in Egypt 2014

Profiling investment opportunities in the infrastructure, real estate, housing, tourism, power, petrochemicals, financial services & retail sectors.

More MEED events