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Historic surge in remittances from Egyptians abroad

Businessmen Team news 04 June 2025 01:44 PM
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Historic surge in remittances from Egyptians abroad

Remittances from Egyptians working abroad continued their upward trajectory, recording an unprecedented historic surge during the period July-March 2024/25.

 Remittances increased by 82.7% year-on-year, reaching approximately $26.4 billion, compared to approximately $14.4 billion.

The period January-March 2024/25 also witnessed an 86.6% year-on-year increase, reaching approximately $9.4 billion (compared to approximately $5.0 billion).

Remittances in March 2025 increased by 63.7% year-on-year, reaching approximately $3.4 billion (compared to approximately $2.1 billion).