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Saudi Arabia Leads in Egyptian Remittances
Data showed that Saudi Arabia topped the list of the largest BRICS countries in Egyptian remittances during the 2024/2025 fiscal year, amounting to $12 billion. It was followed by the UAE with $3.6 billion, then China with $23.3 million, and India with $10.1 million. Overall, Egyptian remittances reached approximately $15.7 billion, representing a 59.5% increase compared to the previous year. Additionally, BRICS countries' investments in Egypt during the first half of the 2025/2026 fiscal year rose by 29.7%, reaching $3.7 billion. The UAE led the group’s investments with $2.7 billion, followed by Saudi Arabia with $532.3 million.
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