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Egyptian expat remittances surge 27.2% to $33.9 billion
October 16, 2026
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CAIRO, Egypt / RankWire.AI（https://rankwire.ai/） / – Remittances from Egyptians working abroad rose 27.2% in the first eight months of 2026 to a record $33.9 billion. The Central Bank of Egypt（https://en.wikipedia.org/wiki/Central_Bank_of_Egypt） reported the figures on Tuesday, October 13. Inflows stood at $26.6 billion during the same period of 2025. The increase amounted to about $7.3 billion year on year. The latest data cover January through August and confirm that transfers from Egyptian expatriates kept rising through 2026, adding to the country’s foreign currency inflows.
Egyptian expatriate remittances reach a record $33.9 billion in the first eight months of 2026. (AI-enhanced image)
August remittances grew 21.7% year on year to around $4.2 billion. Inflows totaled approximately $3.5 billion in August 2025. The monthly figure fell by about $300 million from July 2026, when transfers reached $4.5 billion. Even so, August added roughly $4.2 billion to the cumulative total. Remittances had reached $29.7 billion in the first seven months of 2026（https://arabianobserver.com/egypt-remittance-inflows-29-7-billion-july-2026/）, so the eighth month lifted the running total by 14.1%.
The figures extend an upward trend that has continued for more than two years. The central bank introduced exchange-rate reforms in March 2024, moving toward a more flexible exchange-rate regime and tightening monetary policy.