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Business
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Economy
8/4/2022 10:22:33 PM
Egypt enjoyed a significant increase in revenue from tourism and transport receipts as well as a modest increase from workers’ remittances through the third quarter of the previous fiscal year, according to data released by the Central Bank of Egypt (CBE) on Thursday.
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Business
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Economy
7/31/2022 5:42:39 PM
Remittances sent by Egyptian expats went up 2.1 percent year on year in the first 11 months of the past 2021/2022 fiscal year, recording $29.1 billion, the Central Bank of Egypt (CBE) announced on Sunday.
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Business
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Economy
5/17/2022 1:00:52 PM
Remittances of Egyptian expats rose by 12.8 percent in March to reach $3.3 billion, up from then $2.9 billion recorded in the corresponding month of 2021, according to the Central Bank of Egypt (CBE).
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Business
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Economy
3/14/2022 6:40:59 PM
The Central Bank of Egypt (CBE) said on Monday that remittances from Egyptians working abroad recorded about $31.5 billion in 2021, with an increase of nearly $1.9 billion and at a rate of 6.4 percent, compared to $29.6 billion in 2020.
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Business
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Economy
2/24/2022 2:58:00 PM
Egyptian expats' remittances rose by 6.6 percent ($1.8 billion) from January to November 2021 to post $28.9 billion, compared to the corresponding period in 2020, Central Bank of Egypt (CBE) announced on Thursday.
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Business
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Economy
12/21/2021 4:57:09 PM
Egyptian expats’ remittances inched up during the first quarter (1Q) of the current FY2021/2022 — July to September 2021 — by 1.5 percent, on an annual basis, to post $8.1 billion, up from about the $8 billion recorded in the same quarter of FY2020/2021, the Central Bank of Egypt announced on Tuesday.
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Egypt
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Foreign Affairs
11/30/2021 8:21:07 PM
Egypt’s Foreign Minister Sameh Shoukry said on Tuesday that the COVID-19 pandemic has significantly impacted migration flows and labour mobility as well as remittances from expats to their home countries.
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Al-Ahram Weekly
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Economy
11/21/2021 11:23:00 AM
Financial remittances from abroad can enhance economic growth and promote development in the Arab world, Secretary-General of the Union of Arab Banks Wissam Fattouh tells Al-Ahram Weekly.
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Business
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Economy
10/10/2021 2:56:50 PM
Egyptian expats' remittances reached $31.4 billion in FY2020/2021, increasing 13% compared to FY2019/2020 and 70% compared to FY2013/2014, Minister of Planning and Economic Development Hala El-Said announced on Sunday.
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Business
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Economy
9/15/2021 3:09:10 PM
Moreover, expats remittances rose by an annual rate of 15.5 percent in June to reach $2.9 billion, up from $2.6 billion posted in June 2020, according to the central bank
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Business
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Economy
8/17/2021 2:14:50 PM
CBE estimations exceed the expectations included in Egypt's economic and social development plan for FY2021/22, which expected them to reach $30 billion by the end of the year
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Business
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Economy
6/21/2021 1:11:19 PM
The figure accounts for 31.7 percent of Egypt’s net international reserves
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Business
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Economy
4/26/2021 6:15:09 PM
Egyptian expat remittances are expected to rise in FY2021/22 by 7 percent to record $30 billion, up from $28 billion posted in FY2020/21, according to El-Said
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Business
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Economy
4/13/2021 11:54:40 AM
Remittances from Egyptian workers abroad rose to $7.49 billion in October-December from $6.96 billion a year earlier
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Business
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Economy
3/22/2021 7:28:29 PM
Technological advances, greater use of electronic channels, and pandemic-related limitations on travel by overseas Egyptian workers have facilitated growth in remittances
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Business
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Economy
3/15/2021 1:01:38 PM
Egypt’s net international reserves rose for the ninth month in a row to reach $40.2 billion by end of February, up from $40.1 billion in January, according to the CBE
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Business
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Economy
2/2/2021 10:06:00 AM
Remittance flows from January to November hiked 11.9 percent compared to the same period a year prior
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Business
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Economy
12/7/2020 6:59:00 PM
From January to September 2020, remittances jumped to $22.1 billion, up from $19.8 billion in the same period of 2019
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Business
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Economy
12/6/2020 4:47:14 PM
The World Bank expects Egypt to become the top recipient of remittances in the Middle East and North Africa region in 2020 to receive $24.4 billion
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Business
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Economy
10/28/2020 5:04:17 PM
Egypt’s NIRs started to bounce back by the end of June, to reach $38.2 billion, up from $36 billion in May
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