Egypt sees unprecedented, historical leap in expat remittances: CBE - Egypt Independent

Egypt sees unprecedented, historical leap in expat remittances: CBE - Egypt Independent

The Central Bank of Egypt (CBE) announced that remittances from Egyptians working abroad has seen a unprecedented and historic leap one year after the reform measures implemented last year, during March 2024 to February 2025. The CBE said in a statement on Monday that “remittances from Egyptians working abroad increased by 72.4 percent, or US$13.7 billion, to approximately US$32.6 billion.” The statement continued that remittances from Egyptians…

Egypt’s Central Bank Reports Record 72.4-Percent Surge In Expatriates’ Remittances Over 12 Months - Asia News Today

CAIRO, May 13 (NNN-MENA) – Remittances from Egyptian expatriates increased by 72.4 percent from Mar, 2024 to Feb, 2025, reaching approximately 32.6 billion U.S. dollars, the Central Bank of Egypt (CBE) said in a report, yesterday. The report attributed the “unprecedented” surge – nearly 13.7 billion dollars, in a 12-month period – to the economic reform measures taken since Mar, 2024. In Feb, remittances from Egyptians working abroad rose to 3.0…

Egyptian expat remittances surge to $32.6bn after March 2024 reforms: CBE

The Central Bank of Egypt (CBE) announced on Monday that remittances from Egyptians working abroad have surged to an unprecedented level, reaching $32.6bn over the 12-month period from March 2024 to February 2025. This marks a 72.4% increase—equivalent to $13.7bn—compared to the same period a year earlier, and reflects the positive impact

CBE: Egyptian expats' remittances hit record of 32.6b in one year - Egyptian Gazette

The Central Bank of Egypt (CBE) announced that remittances from Egyptians abroad increased by 72.4% ($13.7 billion) to hit a record of $32.6 billion during the period from March 2024 to February 2025. In a statement released on Monday, the bank said remittance inflows in February 2025 rose more than double for the 12th consecutive month to reach $3 billion, compared to $1.3 billion in February 2024.  The post CBE: Egyptian expats’ remittances hi…