The Central Bank announced that net foreign exchange reserves rose to $51.452 billion last December from $50.216 billion in November.
The Central Bank revealed that gold balances in foreign exchange reserves increased by about $914 million during December to record $18.17 billion.
Egypt’s gold reserves increased last year by about $7.5 billion, which compensated for the decline in foreign currency balances by about $3.2 billion.
Last December, Egypt received $3.5 billion as part of a deal to develop the “Samla and Alam al-Rum” region on the northwest coast.
In November 2025, Qatari Diar, the real estate arm of Qatar’s sovereign wealth fund, signed a partnership agreement to develop a project on the Mediterranean coast in Egypt with investments amounting to $29.7 billion.
