Egypt, Central Bank Mobilises Diaspora Wealth to Reinforce Economic Recovery

Egypt’s banking outreach to its expatriates marks a structural shift from survival economics to financial statecraft, converting remittance dependence into an instrument of macroeconomic sovereignty.

Egypt Expands Banking Access for Citizens Abroad, Turning Remittances Into State Revenue

The Central Bank and Foreign Ministry are formalising expatriate transfers through local banks to capture liquidity and strengthen foreign-exchange management

Egypt has introduced a new mechanism that allows citizens abroad to open domestic bank accounts through embas…