Cairo: Remittances from Egyptians working abroad soared by 40.7 percent year-on-year in June, reaching an unprecedented monthly high of $3.6 billion, the Central Bank of Egypt (CBE) revealed on Tuesday, August 26, 2025. This remarkable increase contributed to a record $36.5 billion in remittances for the 2024/25 fiscal year, marking a 66.2 percent rise from the previous year's $21.9 billion.According to State Information Service Egypt, the April-June 2025 quarter saw remittances climb by 34.2 percent year-on-year, totaling $10 billion, compared to $7.5 billion during the same quarter in 2024. The CBE highlighted the robust growth in remittance inflows, reflecting the continued financial contributions of the Egyptian diaspora.
Egypt’s Remittances Achieve Record Highs in June, Fiscal Year Inflows Surge
POPULAR POSTS
Tanta and Hunan Universities Plan Collaboration on AI in Engineering
September 24, 2026
Egyptian archaeological mission discovers Roman-era tomb in Dakhla Oasis
September 24, 2026
Egypt and EIB Explore Financing for Health Initiatives
September 24, 2026
Egypt Hosts Russian Travel Firms for Tourism Promotion
September 24, 2026
Egyptian Prime Minister Highlights Cooperation Prospects with UNESCO
September 24, 2026
Egypt and ICARDA Discuss Enhancement of Agricultural Research Collaboration
September 23, 2026
Bibliotheca Alexandrina Unveils National Identity Charter
September 23, 2026
Nile Ship for Arab Youth to Foster Cultural Exchange Among 12 Nations
September 23, 2026
Egypt Prioritizes Education System Development, Says Minister
September 23, 2026
Egypt Eases Consular Access for Elderly and Disabled Citizens
September 23, 2026