Remittances Rise Over 10% YoY In 8M21 (1)

Giving More to Your Wealth
21 Nov 2021

The CBE (Central Bank of Egypt) reported that remittances from Egyptians working abroad increased by over 10% YoY during 8M21 to reach USD21.4bn. August 2021 alone saw remittances rise by 12% YoY to sit at USD2.7bn. During FY20/21, remittances totalled USD31.4bn.

(Source: Reuters (English), Zawya (English) (Arabic), Egypt Today (English), al-Maal, Mubasher, Amwal al-Ghad, Economy Plus Me, al-Ahram, al-Youm al-Saabe, al-Masry al-Youm, al-Dustour, al-Watan, al-Arabiya)

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