Arab Finance: Remittances from Egyptians working abroad jumped to nearly $13 billion in the first quarter (Q1) of fiscal year (FY) 2026/2027, according to data released by the Central Bank of Egypt (CBE).
This marks a 20.4% year-on-year (YoY) jump from the $10.8 billion registered in the July-September period of 2025.
In the first nine months of 2026, remittance inflows surged to $38.2 billion from $30.2 billion in the same period a year earlier.
During the eight months from January to August this year, remittances climbed by 27.2% YoY to $33.9 billion from $26.6 billion.
