#egyptian expat remittance
Egyptian expatriates are more than citizens living abroad—they are an essential pillar of the country's economy, largely through the remittances they send back home. Remittances serve as a vital source of income for developing nations like Egypt. By the end of 2023, the number of Egyptian expats reached 11.09 million according to the Central Agency for Public Mobilization and Statistics (CAPMAS). Globally, remittance flows have increased by three percent, amounting to USD 860 billion (EGP 41.55 trillion) in 2023, and…
