CAIRO - 14 April 2026: The Central Bank of Egypt (CBE) reported a significant rise in remittances from Egyptians working abroad, which reached about $22 billion during the six-month period from July to December 2025.
The bank noted that Egypt’s external transactions during the first half of fiscal year 2025/2026 showed an improvement in the current account balance, with the deficit narrowing to approximately $9.5 billion. At the same time, capital and financial accounts recorded net inflows of around $6.5 billion, supporting the country’s external financial stability.
The tourism sector also delivered strong results, with revenues increasing by 17.3 percent to nearly $10.2 billion, compared with about $8.7 billion, during the same period of the fiscal year.
In a broader measure, remittances from Egyptians abroad rose by 28.4 percent year-on-year to roughly $25.6 billion during the period from July to January of fiscal year 2025/2026, up from around $20 billion in the corresponding period a year earlier, according to the CBE.
On a monthly basis, remittance inflows climbed by 21 percent in January 2026, reaching approximately $3.5 billion, compared with about $2.9 billion in January 2025.
Be Social
Comments
Leave a Comment