Arab Finance: Remittances from Egyptians working abroad reached $39.2 billion during the first 10 months of the fiscal year (FY) 2025/2026, the Central Bank of Egypt (CBE) announced.
This marks a 33.2% year-on-year (YoY) growth, compared to $29.4 billion during the 10-month period a FY earlier.
In April, remittances jumped by 44% to nearly $4.3 billion, up from $3 billion in April 2025.
In the first nine months of FY 2025/2026, the remittances hiked by 32% to $34.9 billion from $26.4 billion.