Remittances from Egyptians working abroad recorded a sharp increase during the first ten months of 2025, rising 42.8% year on year (YoY) to reach about $33.9 billion.

Remittances from Egyptians working abroad surged by 83.2% in January 2025, reaching around $2.9 billion compared to $1.6 billion in January 2024, marking the highest inflow ever recorded in that month.

The Central Bank of Egypt (CBE) announced that remittances from Egyptians working abroad reached $23.7 billion in the first ten months of 2024, reflecting a 45.3% year-on-year (YoY) increase.

The Ministry of Foreign Affairs, in collaboration with the Ministry of Housing, Utilities, and Urban Communities, has launched a new initiative titled "Your Home in Egypt".

The Central Bank of Egypt (CBE) has officially launched a new service that enables instant money transfers to Egypt from anywhere in the world, available at any time, seven days a week.

Remittances from Egyptians working abroad rose by 86.8% year on year (YoY) to roughly $3 billion in July 2024.

Remittances from Egyptians working abroad via IBAG, Western Union’s agent in Egypt, have reached $582 million during the second quarter (Q2) of 2024.

Remittances from Egyptians working abroad surged 65.9% year on year (YoY) to around $2.6 billion in June 2024, versus around $1.5 billion in June 2023, according to data by the Central Bank of Egypt (CBE).

A subsidiary of e-payment firm Fawry, Fawry Dahab, has penned a partnership agreement with PayMe to enable Egyptian expatriates in the Gulf region and worldwide to conduct financial transactions and pay bills electronically in Egypt from abroad through the PayMe smartphone application.

Contact Financial Holding is planning to enter the Saudi market in early 2025 to provide financing services to the 3 million Egyptian expats in the kingdom.

Contact Financial Holding is considering expanding in the UAE to provide its financial services to Egyptian expatriates across the emirates.

Banque Misr has allowed Egyptian expats to use foreign banks cards to settle their military services status via the Ministry of Foreign Affairs website.

The Egyptian Financial Regulatory Authority has launched the first US dollar-dominated pension and insurance certificate for Egyptian expats.

The Egyptian Ministry of Foreign Affairs has issued a decree allowing Egyptian living abroad to settle their mandatory military service status by paying $5,000 or €5,000.