Close Menu
    Facebook X (Twitter) Instagram
    • Home
    • Contact Us
    ME NewscastME Newscast
    • Automotive

      Japan new car sales rise 1.8% in first half of 2026

      July 2, 2026

      Porsche reveals bespoke 911 GT3 RS in Macadamiametallic

      May 18, 2026

      Mercedes-Benz unveils electric C-Class in Seoul

      April 21, 2026

      2027 Mercedes-Benz S-Class adds DIGITAL LIGHT micro-LEDs

      January 30, 2026

      Ford issues US recall for Escape Focus Explorer and Lincoln MKC

      January 22, 2026
    • Business

      Brent crude steadies after surge above $103

      October 5, 2026

      Renault expands France EV push with €10 billion investment

      October 5, 2026

      South Korean inflation reaches 2.9 percent annual growth

      October 3, 2026

      India-US trade pact talks return at G20 meeting in Milwaukee

      September 30, 2026

      UAE Zambia leaders discuss trade investment and CEPA

      September 30, 2026
    • Entertainment

      Sony confirms God of War trilogy remake and PS5 prequel

      February 13, 2026

      Apple Arcade adds Jeopardy and NFL games in September update

      August 19, 2025

      Deadpool and Wolverine film sets new R-rated box office record

      August 17, 2024

      Ketamine Queen’ among five charged in Matthew Perry death

      August 16, 2024

      Immutable unveils $50 million Web3 gaming rewards program

      April 26, 2024
    • Health

      DR Congo Ebola outbreak reaches 8,376 confirmed cases

      October 5, 2026

      Study links appendectomy to 58% lower colorectal cancer risk

      October 5, 2026

      DR Congo Ebola count reaches 8,067 cases across 7 provinces

      September 30, 2026

      Gene could raise lung cancer risk 60 times in study

      September 19, 2026

      DR Congo Ebola outbreak shows progress amid uneven trends

      September 17, 2026
    • Lifestyle

      Porsche unveils limited edition sneakers to mark 911 Turbo anniversary

      September 2, 2024

      Fresha raises $31 million from JP Morgan to boost AI and robotics

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 5, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023
    • Luxury

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 1, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Revolutionizing the ultimate travel watch with Rolex’s GMT-Master II

      August 30, 2023

      Unveiling the pinnacle of luxury – the new aquanaut luce annual calendar

      August 10, 2023
    • News

      UAE President receives Senator Joni Ernst in Abu Dhabi

      October 3, 2026

      Prime Minister Narendra Modi interacts with Captain Smit Machchhar

      October 3, 2026

      India expands naval reach and maritime security role

      October 1, 2026

      Suleiman Khan alleges tyranny before PTI Islamabad march

      September 30, 2026

      Sheikh Saif meets Interpol president on margins of world event

      September 29, 2026
    • Sports

      Ballon d’Or 2026 shortlist sets stage for London awards

      September 9, 2026

      Messi ends Argentina career with 207 caps and 125 goals

      September 1, 2026

      FIA President meets with Hungarian PM and Czech President

      July 28, 2026

      Portugal fall to Spain as Ronaldo legacy closes

      July 7, 2026

      Brazil exits World Cup after Norway Round of 16 victory

      July 6, 2026
    • Technology

      EU proposes secure EUCCS network linking first responders

      October 1, 2026

      Apple sets October debut for iPhone Duo foldable phone

      September 16, 2026

      US battery growth still depends on Chinese materials

      September 9, 2026

      Japan expands AI fight against investment fraud

      September 3, 2026

      China digital industry revenue and profit rise in first half

      September 1, 2026
    • Travel

      flydubai showcases growing Syria network at Damascus show

      September 29, 2026

      Emirates enters winter season with strong booking momentum

      September 15, 2026

      Etihad sets October start for Abu Dhabi Saudi Red Sea route

      September 9, 2026

      Indonesia airports restart after Anak Krakatau volcanic ash

      September 8, 2026

      Air Arabia increases Bangkok frequency with four daily flights

      September 5, 2026
    ME NewscastME Newscast
    Home » Egypt foreign reserves exceed 50 billion dollars milestone
    Business

    Egypt foreign reserves exceed 50 billion dollars milestone

    November 12, 2025
    Facebook Twitter Pinterest WhatsApp LinkedIn Tumblr Email

    CAIRO, November 12, 2025: Egypt’s net international reserves have exceeded US $50 billion for the first time, marking 38 consecutive months of growth, according to official data released by the Central Bank of Egypt (CBE). The CBE stated that Egypt’s foreign reserves reached approximately US $50.07 billion at the end of October 2025, compared with US $49.53 billion at the end of September. This continuous rise represents one of the longest and most stable periods of reserve growth in the country’s recent financial history, highlighting a consistent improvement in Egypt’s external financial indicators. The central bank’s report confirmed that the composition of the reserves includes holdings of major international currencies, gold, special drawing rights (SDRs), and Egypt’s net position with the International Monetary Fund (IMF).

    Egypt foreign reserves exceed 50 billion dollars milestone
    Egypt’s economic resilience continues with foreign reserves surpassing $50 billion mark.

    The current level of reserves is sufficient to cover about 8.3 months of merchandise imports, exceeding the global adequacy benchmark of three months. The figure is regarded as a key indicator of the strength of Egypt’s external position and its ability to meet international payment obligations. Prime Minister Mostafa Madbouly said that crossing the US $50 billion mark reflects the government’s commitment to maintaining financial stability and supporting the country’s foreign exchange capabilities. He noted that this milestone confirms Egypt’s ability to meet its external debt obligations, ensure the availability of essential goods, and preserve the stability of the national economy. Egypt’s foreign reserves had experienced notable fluctuations in recent years due to global economic disruptions, including the COVID-19 pandemic and subsequent increases in global commodity prices.

    Central Bank data highlights 38-month reserve growth streak

    However, since 2022, the CBE has reported uninterrupted monthly increases, supported by sustained inflows from key foreign currency sources such as the Suez Canal, tourism, remittances from Egyptians working abroad, and foreign direct investment. These inflows have helped strengthen the balance of payments and reinforce the country’s international liquidity position. The central bank emphasized that the growth of reserves is a result of disciplined monetary management and efforts to maintain sufficient foreign currency coverage for essential imports. The accumulation has also been supported by the performance of strategic sectors generating hard currency, including natural gas exports and logistics operations linked to the Suez Canal.

    Egypt consolidates external balance through steady inflows

    The CBE’s latest data shows that Egypt’s foreign reserves are now at their highest level on record. The bank continues to publish monthly updates detailing reserve movements, providing transparency to international markets and investors monitoring Egypt’s financial indicators. The institution has underscored that maintaining strong reserves is essential for safeguarding the economy against external pressures and ensuring continued access to critical imports. Egypt currently ranks among the top African economies in terms of foreign reserve adequacy. The latest figures reflect the resilience of Egypt’s financial system and its ability to maintain liquidity amid global economic challenges.

    The reserves also serve as a critical tool for the central bank to manage exchange rate dynamics and meet foreign currency obligations when necessary, ensuring market confidence and liquidity in times of global uncertainty. As of October 2025, Egypt’s sustained accumulation of foreign reserves underscores a period of financial consistency that has not been interrupted for more than three years. The data marks a new milestone in Egypt’s ongoing efforts to consolidate its external position and demonstrates the central bank’s continued focus on prudent reserve management, transparency, and financial stability across all key economic sectors. – By Content Syndication Services.

    Related Posts

    Brent crude steadies after surge above $103

    October 5, 2026

    Renault expands France EV push with €10 billion investment

    October 5, 2026

    South Korean inflation reaches 2.9 percent annual growth

    October 3, 2026
    © 2021 ME Newscast | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.