According to the Central Bank of Egypt, remittances from Egyptians working abroad saw

a significant rise during the first seven months of the fiscal year 2025/2026 These remittances

amounted to approximately USD 25.6 billion, marking an impressive 28.4% increase compared

to the same period in FY 2024/2025, when remittances totaled about USD 20.0 billion

January 2026 Sees Notable Monthly Growth in Remittances

On a monthly basis, remittances from Egyptians working abroad grew by 21.0% in

January 2026, reaching nearly USD 3.5 billion This represents an increase from

USD 2.9 billion in January 2025

The Impact of Remittances on Egypt’s Economy

Remittances from Egyptians working abroad continue to play a crucial role in

supporting the country’s foreign currency reserves and economic stability

These funds help boost the Central Bank of Egypt’s reserves, contributing to

the nation’s overall economic stability

Key Drivers Behind the Surge in Remittances

Experts attribute the significant rise in remittances to various factors, including economic

recovery in key host countries and enhanced measures by the Central Bank of Egypt to

encourage remittances through official channels The economic conditions in countries

such as the Gulf States and Europe have also contributed to this growth

Future Projections for Remittances from Egyptians Working Abroad

Given the ongoing positive trends in the global economy, remittances from Egyptians

abroad are expected to continue to rise in the coming months of FY 2025/2026 This

growth will likely have a positive impact on Egypt’s foreign exchange reserves and further

support the country’s financial stability