Central Bank: Remittances from Egyptians Abroad Jump to $32.8 Billion in 11 Months

Egyptians in Diaspora Send Home A Record USD 32.8 B

Egyptians working abroad have sent home a record USD 32.8 B between July 2024 and May 2025, marking a powerful 69.6% increase from the USD 19.4 B recorded over the same period last year. These figures, released by the Central Bank of Egypt on Wednesday, reflect one of the strongest performances the country has ever seen in terms of remittance inflows. The significance of this growth is difficult to overstate. In a country where foreign exchange …

Central Bank: Remittances from Egyptians Abroad Jump to $32.8 Billion in 11 Months

The Central Bank of Egypt (CBE) stated that remittances from Egyptians working abroad achieved a significant surge in the period from July to May of the 2024/25 fiscal year, increasing by 69.6% to approximately $32.8 billion (compared to approximately $19.4 billion during the same period the previous year).