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" remittance"

125 results

Business - Economy
6/4/2025 3:43:20 PM
The Central Bank of Egypt (CBE) announced on Tuesday that remittances from Egyptians working abroad witnessed a historic surge to $26.4 billion in the first nine months of FY2024/2025, from July 2024 to March 2025, marking an 82.7 percent year-on-year increase.

Business - Economy
5/12/2025 4:12:00 PM
The Central Bank of Egypt (CBE) announced on Monday that remittances from Egyptians abroad witnessed an unprecedented surge from March 2024 to February 2025, registering $32.6 billion, a 72.4 percent increase over the previous 12-month period.

Business - Economy
4/16/2025 4:57:27 PM
Remittances from Egyptians working abroad surged by 81 percent in the first seven months of the 2024/2025 fiscal year (July–January), reaching approximately $20 billion, up from $11 billion in the same period of the previous fiscal year, the Central Bank of Egypt (CBE) announced on Wednesday.

Business - Economy
3/18/2025 1:50:27 PM
Ahram Online shared its questions with the World Bank team to help us understand the broader picture regarding the latest projections for emerging markets and developing economies, in general, and for the Egyptian economy, in particular.

Business - Economy
3/16/2025 1:31:08 PM
Egypt's economic indices have improved over the past year mainly due to the Central Bank of Egypt's (CBE) corrective measures in March 2024; tourism and expat remittances have been the pillars of this recovery.

Business - Economy
2/25/2025 10:12:00 AM
The Central Bank of Egypt (CBE) announced Monday that remittances from Egyptians working abroad continued to increase following the economic reforms in March 2024.

Business - Economy
1/29/2025 3:28:52 PM
The remittances of Egyptians working abroad increased again in November 2024 by 65.4 percent to reach approximately $2.6 billion, compared to around $1.6 billion in November 2023, the Central Bank of Egypt (CBE) announced Wednesday.

Business - Economy
12/24/2024 6:08:52 PM
The Central Bank of Egypt (CBE) announced Tuesday that Egyptian expatriates’ remittances surged to $23.7 billion in the first 10 months of 2024 (January-October), up from $16.3 billion during the corresponding period in 2023, marking a 45.3 percent increase.

Business - Economy
12/5/2024 1:04:17 PM
The Central Bank of Egypt (CBE) said in a statement on Thursday that it has launched a new service that enables the instantaneous receipt of inbound remittances and their immediate crediting to customers' bank accounts.

Business - Economy
11/25/2024 4:41:44 PM
The Central Bank of Egypt (CBE) announced Monday that remittances from Egyptian expatriates surged to approximately $20.8 billion in the first nine months of 2024 (January-September), up from $14.6 billion during the corresponding period in 2023, marking a 42.6 percent increase.

Business - Economy
11/11/2024 1:31:46 PM
The Central Bank of Egypt (CBE) announced Monday that Egyptian expat remittance inflows into the country surged to approximately $2.6 billion in August, compared to $1.6 billion in August 2023, marking a 65.5 percent growth.

Business - Economy
10/2/2024 11:21:45 AM
Egypt's foreign direct investment (FDI) inflows surged to a record $46.1 billion in FY 2023/2024, compared to $10 billion in the past year, showed data released by the Central Bank of Egypt (CBE) on Tuesday.

Business - Economy
9/12/2024 5:17:00 PM
Egypt's remittances jumped by 86.8 percent in July to $3 billion, compared to July 2023, hitting its highest point in five months, according to the Central Bank of Egypt (CBE) data.

Business - Economy
9/9/2024 3:16:36 PM
The Central Bank of Egypt (CBE) announced that Egyptian remittances increased by 87 percent in July 2024 to $3 billion, compared to $1.6 billion in July 2023.

Al-Ahram Weekly - Economy
8/13/2024 9:58:50 PM
Remittances from Egyptian abroad are continuing to grow

Business - Economy
8/8/2024 12:53:45 PM
The Central Bank of Egypt (CBE) declared Wednesday that remittances from Egyptian expats increased by 65.9 percent in June 2024 to reach $2.6 billion, compared to $1.5 billion in June 2023.

Business - Economy
8/1/2024 8:32:39 PM
International Business Associates Group for Money Transfer Services (IBAG), the official agent of Western Union International in Egypt, announced Thursday the launch of the first phase of the company's services, which allows receiving and sending money transfers in US dollars and Egyptian pounds through 20 branches of Banque Du Caire.

Business - Economy
7/22/2024 8:03:51 PM
Egypt’s external debt has decreased by 8.43 percent after hitting $153.86 billion at the end of May 2024 compared to $168.03 billion at the end of December 2023, according to an official source at the Central Bank of Egypt (CBE).

Business - Economy
7/8/2024 1:53:15 PM
Egyptian expats' remittance inflows rose in May for the third consecutive month by 73.8 percent (YoY) to reach around $2.7 billion, up from around $1.6 billion posted in May 2023, the Central Bank of Egypt (CBE) announced on Monday.

Egypt - Society
6/15/2024 2:16:34 PM
Egypt held the 6th position among the world’s remittance recipient countries in 2023, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Saturday.

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