Egypt’s Foreign Exchange Reserves Rise to $51.45 Bln. in December

The Central Bank of Egypt (CBE) reported on Tuesday that the country’s net foreign exchange reserves increased to $51.452 billion in December, up from $50.216 billion in November.

The bank also revealed that gold holdings within Egypt’s reserves rose by around $914 million during December, reaching $18.17 billion. 

Over 2025, Egypt’s gold reserves grew by approximately $7.5 billion, offsetting a decline of about $3.2 billion in foreign currency holdings.

Part of the growth in reserves is linked to major investment inflows. In December, Egypt received roughly $3.5 billion as part of a development deal for the Samla and Alam Al-Rom area on the North-Western Red Sea coast. 

Additionally, in November, Qatari Diar—the real estate arm of Qatar’s sovereign wealth fund—signed a partnership to develop a project along the Mediterranean coast with total investments of $29.7 billion, including $3.5 billion for land acquisition and $26.2 billion in in-kind investments to develop 4,900 acres along 7.2 km of coastline.

The sustained growth in foreign exchange reserves reflects improvements in Egypt’s foreign currency resources, driven by rising exports, increased tourism revenues, and remittances from Egyptians working abroad.

This marks continued stabilization and recovery in Egypt’s non-oil private sector and overall economic indicators.