Arab Finance: Remittances from Egyptians working abroad rose by 27.2% year-on-year (YoY) to $33.9 billion in the January-August 2026 period, up from $26.6 billion, according to the Central Bank of Egypt (CBE) data.
In August alone, remittances increased by 21.7% to $4.2 billion, compared to about $3.5 billion in August 2025.
In the first seven months of 2026, remittances from Egyptians working abroad hiked by 28.1% YoY to $29.7 billion from $23.2 billion.
In fiscal year (FY) 2025/2026, remittances from abroad rose to $47.3 billion, which helped partially offset the account deficit that widened to $22.5 billion from $15.4 billion at the end of June 2025.
