Cairo: The Central Bank of Egypt announced a significant rise in remittances from Egyptians working abroad, which increased by 28.4 percent. This increase brought the total to approximately $25.6 billion during the period of July to January in the 2025/2026 fiscal year, compared to about $20 billion in the same timeframe the previous year.According to State Information Service Egypt, on a monthly scale, remittances saw a rise of 21 percent in January 2026, reaching around $3.5 billion. This was an increase from roughly $2.9 billion recorded in January 2025, as indicated by the bank's statement.
CBE: Remittances of Egyptian Expats Jump 28.4% to Hit $25.6bn in 7 Months
POPULAR POSTS
Interior Ministry Honored with MPA Award for Anti-Piracy Efforts
September 24, 2026
Tanta and Hunan Universities Plan Collaboration on AI in Engineering
September 24, 2026
Egyptian archaeological mission discovers Roman-era tomb in Dakhla Oasis
September 24, 2026
Egypt and EIB Explore Financing for Health Initiatives
September 24, 2026
Egypt Hosts Russian Travel Firms for Tourism Promotion
September 24, 2026
Bibliotheca Alexandrina Unveils National Identity Charter
September 23, 2026
Nile Ship for Arab Youth to Foster Cultural Exchange Among 12 Nations
September 23, 2026
Egypt Prioritizes Education System Development, Says Minister
September 23, 2026
Egypt Eases Consular Access for Elderly and Disabled Citizens
September 23, 2026
Egypt and ICARDA Discuss Enhancement of Agricultural Research Collaboration
September 23, 2026