Egypt’s expat remittances surge in Oct. ’24 – CBE

By Nada Ali On Dec 24, 2024

Egypt's central bank Egypt — Egypt's central bank (CBE)

Remittances from Egyptian expats recorded a new high in October 2024, increasing by 68.4 per cent year-on-year to approximately $2.9 billion, central bank data showed on Tuesday. This marks the tenth consecutive month of growth.

Attribution: Amwal Al Ghad English

Subediting: M. S. Salama

Central Bank of Egypt (CBE)Egypt's central bank Egypt's remittances Egyptian remittances Egyptian workers’ remittances Remittances from Egyptian expatriates Remittances from Egyptian expats remittances from Egyptians living abroad