13 Hrs
Source:
بوابة الفجر
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Source: بوابة الفجر
13 Hrsبوابة الفجر
Source: بوابة الفجر
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President Abdel Fattah el-Sisi met on Monday, November 9, 2026, with Prime Minister Mostafa Madbouly and Central Bank Governor Hassan Abdalla to review economic performance and upcoming reforms, with a focus on reducing inflation and increasing dollar inflows. The governor announced that foreign-exchange reserves had reached a record $57.50 billion at the end of October 2026, while the banking sector’s net foreign assets had risen to their highest level since 2011. El-Sisi stressed the need to secure sufficient reserves to meet strategic needs, balance innovation with investment in human capital, and strengthen risk management, governance, and cybersecurity.
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