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Egyptian expat remittances jump 42.8% in first 10 months

Businessmen Team news 21 December 2025 01:31 PM
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Egyptian expat remittances jump 42.8% in first 10 months

Remittances from Egyptians working abroad reached a record $33.9 billion during the first ten months of 2025, a significant increase from the $23.7 billion recorded during the same period last year, the Central Bank of Egypt (CBE) announced.

The figures, covering January to October, represent a surge in one of Egypt’s primary sources of foreign currency.

On a monthly basis, remittances in October 2025 rose by 26.2% to reach $3.7 billion, compared to approximately $2.9 billion in October 2024.