Remittances

Egypt remittances surge 45% in first nine months of 2025 – central bank

CAIRO, Nov 17 (MENA) – The Central Bank of Egypt said on Monday that remittances from Egyptians working abroad rose sharply in the first nine months of 2025, climbing 45.1 percent year-on-year to a record $ 30.2 billion, compared with about $ 20.8 billion in the same period a year earlier. The bank added in …

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Egypt Independent November 19, 2025

Egyptian expat remittances double in a decade, hitting record $36.5 billion

The Egyptian Cabinet Media Center has released several infographics highlighting the record surge in remittances from Egyptians working abroad and their crucial role in enhancing the stability of Egypt’s international reserves. The historic rise in these transfers is attributed to the Central Bank of Egypt’s sound monetary policy, which has helped stabilize the exchange rate and …

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Egypt Independent September 30, 2025

Egyptian remittances jump 47% to $26.3 billion

The Central Bank of Egypt on Wednesday announced a significant increase in remittances from Egyptians abroad, reaching $26.3 billion from January to November 2024. The bank added in a statement that remittances from Egyptians working abroad continued to achieve successive leaps following the reform measures taken in March 2024. They increased during November 2024 by …

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Egypt Independent January 30, 2025

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