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Sisi holds meeting with CBE governor, as Egypt’s foreign reserves hit record $52.6 billion
Egyptian President Abdel Fattah al-Sisi met on Saturday with the Governor of the Central Bank of Egypt (CBE), Hassan Abdullah. The CBE Governor reviewed the increase in net international reserves at the Central Bank, which reached $52.6 billion in January 2026, marking a record high compared to $33.1 billion in August 2022. The meeting also addressed developments in the banking sector and monetary policy during 2025, reflecting the continued strength of financial soundness indicators, the resilience of the CBE, the efficiency of the banking sector, and its ability to support the country’s macroeconomic stability. The meeting also addressed the rise in net foreign assets in the banking sector, which reached $25.5 billion in December 2025, the highest level since February 2020. Net foreign assets at the CBE stood at $15.1 billion in January 2026.
Source: Egypt Independent February 22, 2026 14:15 UTC
