This chapter offers a bird’s eye view of Egypt’s middle class from the 1990s till 2020 covering almost three decades of socioeconomic shifts. It relies on a social definition to capture the size of the middle class, and examines the degree of poverty and vulnerability among the middle class using the national poverty line and poverty line multiples to identify five distinct income groups. We use data from Egypt’s Household Income, Expenditure, and Consumption Surveys (HIECS) for periods between 1995 and 2020. The findings reveal that Egypt’s social middle class is not hollowing out, but rather it is becoming poorer and more vulnerable. In 1995/96, only 10.9 per cent of Egypt’s middle class individuals were under the poverty line; this share has nearly doubled reaching 21.5 per cent by 2019/20. The chapter concludes with policy implications that could set forward a brighter path for Egypt’s ailing yet competent middle class.