The Central Bank of Egypt (CBE) and the Ministry of Foreign Affairs, Immigration, and Egyptian Expatriates Affairs have launched the "Open Your Account in Egypt" initiative, in collaboration with the National Bank of Egypt (NBE) and Banque Misr, to simplify the process of opening bank accounts for Egyptians living abroad.

The Ministry of Housing, Utilities, and Urban Communities has launched the first phase of premium residential units across 13 projects in various cities

The Central Bank of Egypt (CBE) has introduced a new service enabling the instant transfer of remittances from abroad directly into customer accounts at all Egyptian banks.

Remittances from Egyptians abroad rose by 65.5% in August 2024, reaching $2.6 billion, compared to $1.6 billion in the same month last year.

Remittances from Egyptians working abroad jumped 73.8% year-on-year to approximately $2.7 billion in May 2024.

Egypt is planning to collect up to $1 billion from the tax-free car import initiative after collecting a sum of $800 million in the first phase.