Egypt net foreign assets climb to record $29.5 bln in January

Egypt's net foreign assets rose by $4.02 billion in January to an all-time high of $29.54 billion, central bank data showed on Monday, as Gulf investments, a 2024 currency devaluation and strong remittances continued to bring in dollars.

Remittances from workers abroad rose to record $4.0 billion in December, bringing total remittances for all of 2025 to $41.5 billion, up from $29.6 billion in 2024. January remittance figures have not yet been released.