$33.9 billion: Remittances from Egyptians abroad during the first 8 months of 2026 - Sarmad
Remittances from Egyptians abroad rose by 27.2% during the first 8 months of 2026, alongside growth in tourism revenues and Suez Canal earnings.
Translated by Qiyas from سرمد — Original source
The Central Bank of Egypt announced that remittances from Egyptians abroad reached $47.3 billion in the 2025-2026 fiscal year, compared with $36.5 billion in the previous year.
In a statement, the bank noted that remittances from workers abroad rose by 21.7% year-on-year in August to reach $4.2 billion, adding that total remittances in the first eight months of the year amounted to $33.9 billion, representing a 27.2% annual increase.
Meanwhile, the Central Bank of Egypt said tourism revenues reached $18.4 billion in the 2025-2026 fiscal year, compared with $16.7 billion in the previous year, while Suez Canal revenues totaled $4.4 billion in the 2025-2026 fiscal year, up from $3.6 billion in the prior year.
