Remittances
In his upcoming book 'Shelter From the Storm,' journalist Julian Hattem contends that insufficient migration amid climate change traps vulnerable populations in peril. Drawing on stories from Guatemala's Dry Corridor, he illustrates how moving could provide economic relief and build resilience through remittances. Hattem suggests governments should encourage such moves to counter environmental threats.
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The Central Bank of Egypt announced that remittances from Egyptians working abroad reached unprecedented levels of about $33.9 billion in the first 10 months of 2025, compared to around $23.7 billion in the same period last year. On a monthly basis, remittances rose 26.2% year-on-year in October to approximately $3.7 billion.