AGP Executive Report
Last update: 11 hours agoEgypt Economy Watch: Egypt’s net international reserves rose to $53.134bn at end-May, up from $53.009bn in April, giving the country more hard-currency cover for imports and external payments. Growth Update: Egypt’s real GDP grew 5.2% in the first nine months of FY 2025/26, as activity strengthened and growth stayed above 5% for multiple quarters. City Transport: Prime Minister Mostafa Madbouli and Transport Minister Kamel El-Wazir inspected progress on the Alexandria Metro first phase (Abu Qir to Misr Station), now 47% complete, with 22 km and 20 stations planned for the initial stretch. Heritage & Tourism: The Syndicate of Journalists’ Tourism and Antiquities Division, with the Zahi Hawass Foundation, will host Dr. Zahi Hawass in Cairo on June 14 for a lecture on repatriating smuggled Egyptian antiquities and boosting tourism. Aviation/Travel Connectivity: Riyadh Air announced new routes including Cairo (starting June 25), alongside Dubai, Jeddah, Madrid and Manchester, as it expands its 787-9 fleet. World Cup Travel Disruption (Egypt angle): Iran’s squad reached Tijuana ahead of matches that include Egypt on June 26 in Seattle, after visa disputes forced a shift from Arizona to Mexico and created last-minute travel rules for the delegation.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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