Egyptians’ remittances hit record $13bn in Q1 of FY2026/27

RIYADH: Remittances from Egyptians working abroad rose 20.4 percent year on year to a record $13 billion in the first quarter of fiscal year 2026/27, official data showed.

The July-September inflows increased from about $10.8 billion in the same period a year earlier, according to data released by the Central Bank of Egypt.

Remittances also reached a record $38.2 billion during the first nine months of 2026, covering January to September, compared with $30.2 billion in the same period a year earlier.

Remittance inflows sustain recovery

The latest increase follows a sustained recovery in remittance flows, which reached a record $47.3 billion in FY2025/26, up 29.6 percent from $36.5 billion in the previous fiscal year, according to figures published by the Central Bank of Egypt and the Cabinet’s Media Center.