The Egyptian economy seems to be fastness amid delays within the execution of recent infrastructure comes and a loss of momentum within the government’s reform agenda. GDP expanded three.0% within the January–March amount (Q3 of FY 2015), that marked the weakest pace of growth during a year. Moreover, industrial production shrunk for the second consecutive month in might and therefore the producing PMI fell back to contractionary territory in Gregorian calendar month. Meanwhile, there area unit high hopes that ancient sources of growth, primarily business and therefore the Suez Canal, can provide the economy a lift. On 29 July, the Suez Canal Authority proclaimed that the New Suez Canal is totally engineered and prepared to be used.