Egypt’s Remittances Rise 21% in January, Maintaining Strong Annual Growth

CAIRO — Remittances from Egyptians working abroad recorded a solid year-on-year increase in January, underscoring their continued role as a key source of foreign currency inflows for the economy. According to data released by the Central Bank of Egypt, remittance inflows reached approximately $3.5 billion in January, marking a 21% increase compared with around $2.9 […]