Egyptian Expatriate Remittances Surge to $38.2 Billion
Remittances from Egyptians abroad hit historic new levels during the first nine months of the year, supported by growth in international reserves.
Remittances from Egyptians working abroad achieved historic highs this year, according to announcements by the Central Bank of Egypt.
The Central Bank stated that total remittances reached 38.2 billion dollars during the first nine months of 2026.
This period witnessed a remarkable increase compared to the same timeframe last year, recording a growth rate of approximately 26 percent.
Remittances for the first quarter of the current fiscal year alone amounted to 13 billion dollars, based on official data.
These positive figures coincided with growth in the country's net international reserves, directly supporting foreign currency resources for the Egyptian economy.