Egyptians abroad can now open local bank accounts in 5 steps: CBE
The Central Bank of Egypt (CBE) has outlined a streamlined five-step process for Egyptians working abroad to open…
Browsing Tag
Remittances from Egyptian expatriates
Egypt’s remittances surge to $29.4bn in 10m — CBE
Remittances from Egyptians working abroad surged to an all-time high of $29.4 billion in the first 10 months of…
URGENT: Egypt’s remittances hit all-time high of $26.4b in July–March FY2024/25
Remittances from Egyptians working abroad surged to an all-time high of $26.4 billion in the first nine months of…
Egypt’s remittances hit record $32.6b after year of reforms: CBE
Remittances from Egyptians working abroad surged to a record $32.6 billion in the 12 months through February 2025,…
Remittances from Egyptians abroad soar to $20b in 7 months
Remittances from Egyptians working abroad surged to $20.0 billion during the first seven months of the 2024/2025…
Egypt’s PM, CBE governor review latest positive economic indicators
Prime Minister Moustafa Madbouly met with Central Bank of Egypt (CBE) Governor Hassan Abdalla on Monday to review…
Egyptian expat remittances soar 51.3% in 2024, Dec sees historic high
Egypt has recorded a remarkable 51.3 per cent surge in remittances from Egyptians working abroad in 2024, reaching…
Egypt’s remittances soar by 45.3% in first 10 months of 2024 – minister
Remittances from Egyptians abroad surged by 45.3 per cent in the first ten months of 2024, driven by the state’s…
Egypt’s expat remittances surge in Oct. ’24 – CBE
Remittances from Egyptian expats recorded a new high in October 2024, increasing by 68.4 per cent year-on-year to…
Egypt eases banking access for expats with new initiative
Egypt’s Ministries of Foreign Affairs, the Ministry of Immigration, and the Central Bank of Egypt (CBE) announced a…
Egyptian expats remit $2.7b in Sep. ’24
Remittances from Egyptian expats have doubled to about $2.7 billion in September 2024, compared to $1.3 billion in…
Remittances from Egyptian expats in G20 hit $11.1b in FY22/23 – CAPMAS
Remittances from Egyptians working in the G20 countries amounted to $11.1 billion in the 2022/2023 fiscal year, a…
Remittances from Egyptian expats surge 65.5% YoY in August – CBE
Remittances from Egyptian expats recorded a new high in August 2024, increasing by 65.5 per cent year-on-year to…
Remittances from Egyptian expats up by 86.8% in July – CBE
Remittances from Egyptian expats reached a new high in July 2024, increasing by 86.8 per cent year-on-year to…
Remittances from Egyptian expats surge 73.8% YoY in May – CBE
Egyptians working abroad sent home a significant amount of money in May 2024 as remittances surged 73.8 per cent…
Egypt-China trade exchange hits $13.9b in ’23
Egypt-China trade exchange value dropped to $13.9 billion in 2023, down from $16.6 billion the year before.
Banque Misr Chair: Remittances from Egyptians abroad grow 10-fold
As Egypt enforced exchange rate reforms, signed landmark multi-billion agreements, and received the thumbs up from…
Egypt’s economy remains resilient amid global challenges – Tarek Fayed
Tarek Fayed, Chairman of Banque du Caire, said on Sunday that the Central Bank of Egypt's (CBE) recent decisions…
Visa, EBC sign MoU to ease Egyptian’s remittances abroad
Visa and Egyptian Banks Co. (EBC) signed a MoU, in coordination with the Central Bank of Egypt (CBE), to enhance…
Egypt’s FRA launches dollar-based pension plan for expatriates
Egypt’s Financial Regulatory Authority (FRA) launched on Tuesday the first pension plan in U.S. dollars for…
Remittances from Egyptians abroad were $12 billion in H1-FY2022/23 – central bank
Remittances from Egyptians working abroad amounted to $12 billion in the first half of the 2022-2023 financial…
Remittances from Egyptians abroad at $20.9 billion in Jan-August period
Remittances from Egyptians working abroad recorded around $20.9 billion throughout the January to August 2022, from…
Remittances from Egyptians abroad up 1.6% y-o-y in FY2021/22
Remittances from Egyptians working abroad rose 1.6 percent year-on-year to around $31.9 billion during the…
Remittances from expatriate Egyptians rose 2.1% in 11 months
Remittances from expatriate Egyptians rose 2.1 percent year-on-year during the period between July 2021 and May…
Remittances from Egyptians abroad grow 6.4% y-o-y in 2021: CBE
Remittances from Egyptians working abroad grew by 6.4 percent year-on-year to around $31.5 billion in 2021 from…
Remittances from Egyptians abroad climb 6.6% y-o-y in first 11 months of 2021
Remittances from Egyptians working abroad rose by 6.6 percent year-on-year from January to November 2021 to $28.9…
Remittances from Egyptians abroad grow 13.2% in FY2020/21– central bank
Remittances from Egyptians working abroad surged 13.2 percent year-on-year during the financial year 2020/2021…
Remittances from Egyptians abroad surge 13% for July 2020 to May 2021 – c.bank
Remittances from Egyptians working abroad grew 13.0 percent year-on-year in the July 2020 to May 2021 period, the…
Remittances from Egyptians abroad climb 1.5% y-o-y in 10 months
Remittances from Egyptians working abroad grew by 10.5 percent year-on-year in the first ten months of the…
Remittances from Egyptian expats grow 10.6% in 7 months, CBE
Remittances from Egyptian expatriates hiked 10.4 percent by $1.7 billion or 10.6% year-on-year (YoY) according to…
Remittances from Egyptians abroad surge 10.5% y-o-y in 2020: c.bank
Remittances from Egyptians working abroad surged 10.5 percent year-on-year to around $29.6 billion in 2020, the…
CBE: remittances from Egyptians abroad grow 11.9% y-o-y in 11 months
Remittances from Egyptians working abroad grew 11.9 percent year-on-year from January to November 2020, the central…
Remittances from Egyptians abroad rise 19.6% y/y in Q1-FY2020/21
Remittances from Egyptians working abroad rose by 19.6 percent year-on-year in the first quarter of the 2020-2021…
Remittances from Egyptians abroad rose to $7.9 billion in Q3-FY2019/20
Remittances from Egyptians working abroad amounted to around $7.9 billion in the third quarter of financial year…
Remittances from Egyptian expats record $27.8bln by FY2019/20 end
Remittances from Egyptian expatriates hiked 10.4 percent during the fiscal year of 2019/2020 to reach $27.8…
Remittances from Egyptian expats rose 11 % in July beating expectations
Remittances from Egyptians working abroad rose 11 percent to $ 2.9 billion in July, up from $2.6 billion reported…
Rising foreign remittances rein current account deficit in Q3 2019-2020
A rise in foreign remittances helped Egypt’s current account cushion the effects of the covid-19 pandemic during 3Q…
Egypt targets GDP growth of 6% in FY2018-19: minister
The Egyptian government is targeting economic growth in a range of 5.7 percent to 6 percent this year, Egypt’s…
Remittances from Egyptian expats hit new record high in FY2017-18
Remittances from expatriate Egyptians hit another record and climbed by 21.1 percent to $26.5 billion in the…
Egypt expats’ remittances jump 48.2% in first 10 months of FY2017/18
Remittances from expatriate Egyptians jumped by 48.2 percent in the first 10 months of the 2017-2018 financial year…