Egypt’s foreign reserves rise above $50 B for first time in Months

CAIRO – 9 November 2025: The Central Bank of Egypt (CBE) reported that the country’s foreign exchange reserves increased to $50.071 billion at the end of October, up from $49.533 billion at the end of September 2025—an improvement of $538 million.

Additionally, net international reserves recorded a 0.6% rise in September 2025, reaching $49.534 billion, compared to $49.251 billion in August.

Egypt’s reserve portfolio is composed of a diversified basket of major global currencies, including the US dollar, euro, British pound, Japanese yen, and Chinese yuan.

This diversity helps ensure the availability of essential imports, support external debt obligations, and provide a financial buffer against global market volatility.

Meanwhile, the New Urban Communities Authority (NUCA) is in the final stages of concluding a revenue-sharing partnership with Qatari Diar to develop a major integrated urban project in the Alam El-Rum area along the Mediterranean coast, with an estimated total development value of $29 billion.