Egypt’s net international reserves reached $57.35 billion at the end of September 2026, up from $57.215 billion a month earlier, according to data from the Central Bank of Egypt (CBE).
Egypt’s Cabinet approved including a national project to restore and regulate the Nile River and its two branches as a major project in the Ministry of Water Resources and Irrigation’s budget for fiscal years 2026/2027 through 2028/2029.
The exchange rates between the USD and EGP hit EGP 52.34 for buying and EGP 52.44 for selling at the National Bank of Egypt (NBE) and Banque Misr on Wednesday, October 7.
The board members of Bonyan for Development and Trade approved a treasury share buyback program for up to 4% of the company’s issued capital, according to a press release.
Egypt’s industrial policy, logistics development, and strategic location are expected to support steady growth in trade volumes and strengthen its role as a regional hub for trade, manufacturing, and logistics, according to a Fitch assessment summarized by the Cabinet Media Center.
