Remittances from expatriate Egyptians rose by 13.6%, or $314 million, year-on-year during July, according to data released by the Central Bank of Egypt (CBE).

Month-on-month, the total value of money transfers from Egyptians living abroad grew by $719.9 million, or 37.7%, to $2.6 billion in July from $1.9 billion in the prior month.

-Mubasher