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Business
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Economy
6/12/2014 10:12:01 PM
In 2012, Egypt was ranked 6th among developing countries in terms of remittances received from abroad
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Business
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Economy
3/14/2013 6:16:50 PM
Increase in Egyptian expatriate remittances, foreign direct investment help narrow balance of payments deficit in the first half of 2012/13
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Business
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Economy
11/21/2012 12:38:39 PM
Egyptian expats continue to be a valuable source of national income
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Business
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Economy
7/28/2012 2:27:58 PM
Egypt's ambassador to Saudi Arabia highlights the latter country's importance as one of their biggest investors, with 60 per cent of remittances coming from the oil-rich gulf peninsula
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Business
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Economy
7/11/2012 12:39:05 PM
Recorded transfers by overseas workers climbed 12 per cent in 2012 despite global financial turmoil, says new report
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Business
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Economy
6/20/2012 6:35:53 PM
Reforms in the financial sector and the way remittances are dealt with are crucial to creating sustained growth across the Middle East, says a new study
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Business
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Economy
6/11/2012 10:37:47 AM
Fall in investment and tourism sector helps widen Egypt's balance of payment deficit; difficulties partially offset by a surge in remittances from Egyptians abroad
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Business
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Economy
5/30/2012 2:47:04 PM
Kingdom's solid growth has resulted in a 'positive spillover' that has benefited other economies in the region in terms of aid and remittances, claims global body
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Business
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Economy
5/5/2012 4:14:51 PM
63,000 Egyptian residents in Italy are expected to benefit from the agreement brokered to facilitate and lower the costs of money transfers via post offices to family and friends in Egypt
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Business
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Economy
4/17/2012 6:06:13 PM
Egypt will be hit by the fallout from the European economic crisis which takes its toll on remittances, exports and tourism; unemployment will remain resilient despite growth pick up, a recent IMF report shows
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Business
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Economy
3/27/2012 8:40:12 PM
Country's banks see chaotic scenes as they process long-awaited reparations to Egyptians who lost assets in Iraq during the Gulf War
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Business
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Economy
3/25/2012 6:57:57 PM
On the drop of direct foreign investment and outflow of capital and financial accounts, Egypt's balance of payment recorded a deficit in first 6 months of fiscal year 2011/2012
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Business
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Economy
3/13/2012 5:04:10 PM
Egyptians who worked in Iraq during the 1990s Gulf War will finally get compensation for the money they lost, claims a report
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Business
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Economy
2/15/2012 8:13:46 PM
A regional debt crisis is having a knock-on effect on many of the 2.5 million Moroccan migrants working on the continent - and their families back home
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Business
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Economy
12/23/2011 11:15:17 AM
IMF says the deal was meant to help Niger buffer its economy from a slide in worker remittances due to turmoil in neighbouring Libya, as well as the fallout of a poor harvest
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Business
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Economy
12/20/2011 8:39:29 PM
Egypt's current account deficit widened to $2.2 billion in the July-September quarter from a deficit of $1.31 billion a year earlier, the central bank said on Tuesday
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Business
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Economy
10/26/2011 2:03:29 PM
Labour minister says the cap, likely to affect the 3 million Egyptians living there, is necessary to keep much-needed capital in the Kingdom
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Business
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Economy
8/24/2011 4:51:49 PM
A recovering Libya could spark a resurgent demand for Egyptian labour and rebuild a strong, reliable market for the country's products, say economic experts
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Business
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Economy
8/11/2011 5:59:02 PM
Initial reports suggest a 5 per cent decline in money sent by Egyptians living abroad during the 2010/11 financial year, fuelled by departures of workers from Egypt's western neighbour
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Business
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Economy
7/19/2011 4:19:43 PM
Higher oil and wheat import bills in early 2011 are behind the climb to $111.6 billion, according to official data
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