Egypt remittances rose 28.1% in first seven months of 2026
The Central Bank of Egypt said remittances from Egyptians working abroad rose 28.1% year on year to about $29.7 billion in January–July 2026. July inflows reached $4.5 billion.
In a 21 September release, the central bank said remittances sent to Egypt by Egyptians working abroad totalled about $29.7 billion in the first seven months of 2026. It said this was 28.1% above the approximately $23.2 billion recorded in the same period of 2025.
July remittances rose 20% year on year to about $4.5 billion, compared with around $3.8 billion in July 2025. These figures compare the nominal dollar flows reported by the central bank; the release does not break down the reasons for the increase or how households used the transfers.
Al Rajhi Bank said net profit for the first nine months of 2026 rose 13% year on year to SAR20.87 billion. Operating income also grew 13%, while assets reached SAR1.076 trillion.
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