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(Central Bank) Egyptian: Remittances from Egyptians Abroad Rise to $29.7 Billion in Seven Months

(Central Bank) Egyptian: Remittances from Egyptians Abroad Rise to $29.7 Billion in Seven Months
Qiyas summary

The Egyptian Central Bank announced that remittances from Egyptians working abroad reached $29.7 billion over seven months of 2026, a 28% increase compared to the previous year.

Translated by Qiyas from كونا — Original source

Cairo, Sept 21 (KUNA) — The Central Bank of Egypt announced on Monday that remittances from Egyptians working abroad rose to $29.7 billion during the first seven months of 2026. In a statement, the central bank said that remittances increased by 28.1 percent between January and July 2026, reaching approximately $29.7 billion, compared to $23.2 billion during the same period last year. It added that remittances from Egyptians abroad continued their upward trend, rising by 20 percent in July 2026 to reach about $4.5 billion, compared to approximately $3.8 billion in July 2025. (End) A.F.F. / N.S.A.

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