11 Hrs
Source:
الشورى
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Sisi Directs Key Supplies
President Abdel Fattah al-Sisi directed officials, during a meeting with Prime Minister Mostafa Madbouly and Central Bank Governor Hassan Abdalla, to continue coordinating to maintain adequate foreign-exchange reserves to cover strategic needs for essential goods. The governor reported that reserves reached a record $57.50 billion at the end of October 2026, while net foreign assets in the banking sector rose to their highest level since 2011. Al-Sisi also stressed the need to reduce inflation and strengthen risk management, governance and cybersecurity, while balancing technological innovation with investment in human capital.
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