The communications and information technology sector grew by 17.8% in the first nine months of fiscal year 2025/2026, supported by expanding digital transformation and infrastructure development, contributing about 11.4% of GDP growth, according to the Financial Stability Report published on the Central Bank of Egypt's (CBE) official website.

According to the report, digital services exports reached about USD 7.4 billion in 2025, including USD 4.8 billion in outsourcing services exports, helping boost foreign-currency resources and support economic activity.

On the bank financing side, the sector accounted for 6.6% of the total outstanding facilities portfolio of the 100 largest borrowing customers at the end of March 2026. Facilities extended to the sector grew by 9.1%, compared with 4.8% at the end of March 2025, and financing to the sector contributed 3.6% to the portfolio's growth rate.

The report said 2,474 new companies were operating in the communications and information technology sector in the first nine months of fiscal year 2025/2026, while the average of the Egyptian Exchange's telecoms sector index grew by 59.4% to 4,505 points.

In international rankings, Egypt ranked 51st globally, first in Africa and third in the Arab world in the 2025 Government AI Readiness Index, as the digital and regulatory environment supporting digital transformation continues to develop.

The report also covered the rollout of digital initiatives and the expansion of services offered through the Digital Egypt platform, as well as Egypt's ranking among the top Arab countries for cybersecurity readiness, which supports the security of digital infrastructure and raises the reliability of digital and financial services.

According to the report, the sector's development reflects the continued expansion of digital activities and services and the growing competitiveness of Egypt's digital economy, with digital services and outsourcing exports playing a growing role in providing foreign-currency resources.