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2026-09-27T18:47:00.000Z

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Egyptian expatriate remittances hit $29.7 billion

Egyptian expatriate remittances hit $29.7 billion

Data shows that remittances from Egyptians working abroad reached approximately $29.7 billion by July 2026, representing a 28.1% increase compared to the same period last year, when the total was $23.2 billion. In July 2026 alone, remittances amounted to $4.5 billion, a 20% rise from July 2025, when they were $3.8 billion. These increases come as part of the government's efforts to enhance financial stability, boost dollar inflows, and strengthen foreign exchange reserves to meet strategic needs.

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