Remittances from Egyptian expats surge 10.5% y-o-y in 2020: c.bank

By Aya Abdulghany On Mar 15, 2021

Remittances from Egyptians working abroad surged 10.5 percent year-on-year to around $29.6 billion in 2020, the central bank announced on Monday.

PayTabs Egypt Partners with mnGm to Initiate Card Acceptance for Gold Purchases Online for the First Time in Egypt

EFG Foundation Signs Tripartite Agreement with aiBANK Foundation and the Magdi Yacoub Heart Foundation to Support the Training and Qualification of Nurses

Driving Energy Transition, Security, and Decarbonisation: Egypt Energy Show (EGYPES 2024)

Remittances during the fourth quarter– between October and December 2020 – recorded around $7.5 billion, up from around $7.0 billion the previous year, the central bank added.

Central Bank of Egypt (CBE)