Ahmed Kamel – Egypt Daily News
Remittances sent home by Egyptians working abroad recorded a significant surge in the first nine months of 2025, reaching 30.2 billion dollars, according to a statement released by the Central Bank of Egypt. This marks a sharp 45.1 percent increase compared with the roughly 20.8 billion dollars recorded during the same period in 2024.
The Central Bank noted that the strong performance reflects both higher inflows from key expatriate markets and improving confidence in Egypt’s banking system following recent economic reforms. It added that remittances remain one of the country’s most important and stable sources of foreign currency, playing a critical role in supporting the balance of payments and easing pressure on external financing needs.
Monthly inflows also showed notable improvement. In September 2025 alone, remittances rose 30.9 percent to approximately 3.6 billion dollars, compared with about 2.7 billion dollars in September of the previous year. The bank attributed the increase to stronger demand for official transfer channels, as well as improving sentiment among Egyptian workers in the Gulf and Europe.
Economists say the continued rise in remittances provides vital support for Egypt’s foreign reserves at a time when the government is working to reduce external vulnerabilities and strengthen economic stability. The upward trend is expected to continue into the final quarter of the year if global labor market conditions remain favorable.
