Egyptian Expat

A leap not seen in a year: How much did Egyptian expat remittances reach from January-September 2024?

Remittances from Egyptians working abroad have seen successive leaps since the implementation of the reform measures in March 2024. In September 2024 alone, remittances doubled to reach approximately US$2.7 billion, compared to around $1.3 billion in September 2023. Remittances during the first quarter of the fiscal year 2024/2025 (July/September 2024) increased by 84.4 percent to …

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Egypt Independent November 26, 2024

Egyptian expat remittances increase to US$ 2.7 billion in May 2024

For the third month in a row, remittances from Egyptians working abroad increased during May at a rate of 73.8 percent on an annual basis to reach about US$2.7 billion compared to about $1.6 billion during last year. It also increased by 26.6 percent compared to April, during which it reached about $2.2 billion, following …

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Egypt Independent July 9, 2024