3 Days
Source:
بوابة الفجر
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Source: بوابة الفجر
3 Daysبوابة الفجر
Source: بوابة الفجر
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President Abdel Fattah el-Sisi reviewed the economy’s performance and reforms aimed at reducing inflation and increasing dollar inflows during a meeting with Prime Minister Mostafa Madbouly and Central Bank Governor Hassan Abdalla. Abdalla announced that foreign currency reserves had risen to $57.5 billion at the end of October 2026, their highest level on record, while net foreign assets in the banking sector reached their highest level since 2011. El-Sisi called for maintaining the reserves needed to secure essential commodities and for developing the banking sector and strengthening its governance and cybersecurity. The Central Bank also approved rules for digital financial identity services to support digital transformation and financial inclusion.
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