This research was aimed to investigate the production and reproduction traits and their genetic parameters of Egyptian buffaloes under subtropical environment. Heritability, phenotypic, and genetic parameters were estimated for productive and reproduction traits of first parity This study revealed the averages TMY, 305-dMY, LL, BW, DP, SP, CI, and AFC were 2260, 2150 kg, 271 days, 38.63 kg, 210.50 days, 195.20 days, 586.86 days, and 36.61 months, respectively. The heritability estimates for productive traits of the first lactation were 0.61, 0.52, 0.47, 0.20, and 0.23 for TMY, 305-dMY, LL, DP, and BW, respectively. Heritability estimates for reproductive traits SP, CI, and AFC were 0.07, 0.09, and 0.35, respectively. Genetic correlations of most of the investigated first parity traits were positive, with an exception of DP. The genetic correlation was negative between SP and BW, and between AFC and LL. Phenotypic correlations of the first parity among all investigated traits were positive except between DP and TMY, 305-dMY, LL, BW, and AFC. High and moderate heritability estimates indicated that the opportunity of genetic upgrading of these parameters could be achieved owing to sire selection. Selection for high milk yield will be associated with genetic improvement in lactation period and birth weight.