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بوابة الفجر
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بوابة الفجر

2026-11-12T14:55:49.000Z

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Egypt Economy Gains

Egypt Economy Gains

Egypt’s economic indicators in October 2026 showed net international reserves rising to $57.5 billion, up from $57.3 billion in September. Suez Canal revenues reached $724 million, their highest monthly level since the outbreak of the Red Sea crisis. Monthly urban inflation eased to 0.7%, from 1.3% in September. Moody’s upgraded Egypt’s rating to B3 with a positive outlook, while Standard & Poor’s and Fitch affirmed the rating at B with a stable outlook. FTSE Russell kept Egypt in the secondary emerging markets category.

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