Remittances from Egyptians working abroad continued their upward trend, rising by 33.2% during the July–April period of FY2025/2026 to reach a record $39.2 billion, compared to around $29.4 billion during the same period of FY2024/2025, according to a report released by the Central Bank of Egypt (CBE).

On a monthly basis, remittances increased by 44% in April 2026, recording around $4.3 billion, compared to approximately $3 billion in April 2025.

Earlier in June, CBE announced that remittances from Egyptians working abroad recorded a strong increase during the first nine months of FY2025/2026, reaching their highest level for the period.

Remittances rose by 32% between July and March of FY2025/2026, reaching around $34.9 billion, compared to nearly $26.4 billion during the same period of FY2024/2025.

Remittances from Egyptians abroad remain one of the key pillars supporting the Central Bank of Egypt’s foreign currency reserves.

Their importance goes beyond regular financial inflows. These transfers act as a financial safety net that directly supports foreign exchange market stability, helps meet the country’s financing needs for imports of strategic goods and raw materials, and plays a critical role in meeting international obligations while reducing the current account deficit.