Egypt News News Egypt: Egypt’s international reserves hit record $57.2bln in August
News channel or source: https://www.zawya.com/en/economy/egypts-international-reserves-hit-record-57.2bln-in-august-480994
Published on: Monday 07 September 2026
CAIRO: Egypt's net international reserves climbed to an all-time high of nearly $57.2 billion at the end of August 2026, according to figures released by the Central Bank of Egypt. This reflects a 1.6 percent month-on-month increase of roughly $921 million from $56.
News Egypt: Egypt banks reap sovereign carry gains as private-sector lending share falls
News channel or source: https://www.msn.com/en-us/money/other/egypt-banks-reap-sovereign-carry-gains-as-private-sector-lending-share-falls/ar-AA2bKmEw?ocid=BingNewsVerp
Published on: Monday 07 September 2026
By Ben Aris in Berlin Egypt's banks are highly profitable in part because the state remains an unusually attractive borrower, offering yields above 25% on short-dated paper while private-sector credit remains comparatively constrained.