Latest in Tag: remittances Highlight
Latest in Tag: remittances
Egyptian remittances increase 1.6% to $31.9bn in FY2022: CBE
Remittances reached $31.4bn, $27.8bn in FY2021, FY2020, respectively
Egypt receives $23.6bn in remittances within 9 months: CBE
Remittances record $3.3bn in only March 2022
Egyptian remittances increase to $31.5bn in 2021
Remittances increase by 3.4% in December 2021
Egyptian remittances increase to $24bn in 9M 2021: CBE
Preliminary data of the CBE showed a decline in remittances from Egyptians working abroad during September 2021 at a slight rate of 3.0% on an annual basis, to record about $2.62bn, compared to about $2.70bn during September 2020.
Egyptian remittances record $31.4bn in FY 2020/21: CBE
Remittances grow by 13.2% over last year
Egyptian remittances record 13 % growth to $28.5bn in 11 months: CBE
The Central Bank of Egypt (CBE) has revealed that remittances from Egyptians working abroad increased by about $3.3bn to $28.5bn in the period from July 2020 to May 2021, compared to about $25.2bn in the period from July 2019 to May 2020, with a growth rate of 13 %. CBE added, in a statement on …
Egyptian remittances increase 8.5% to $23.4bn within 9 months: CBE
11% annual increase in remittances during March 2021 only
Egypt sees remittances rise by $1.7bn between July 2020 – January 2021: CBE
Increase sees remittances increase to about $18.1bn in January 2021
Egypt sees remittances grow to $29.6bn in 2020: CBE
Increase of $529.2m in such transfers recorded from October to December 2020
Egyptian expats will be able to transfer remittances through post offices
National Bank of Egypt (NBE) and Egypt Post on Tuesday signed a memorandum of understanding (MoU) to allow the transfer of remittances through post offices. Hisham Okasha, Chairperson of the NBE, said that this cooperation comes within the strategic partnership between the two sides, which would facilitate the disbursement of remittances through post offices. The …
Egyptian expatriate remittances see $1.3bn rise in during Q1 of FY2020/21
Preliminary data shows that remittances during July-September 2020 saw an annual growth rate of 19.6%, to register $8.bn
Remittances to MENA in 2020 to fall 19.6% due to COVID-19: WB
Decline attributed to lower oil prices in GCC, global slowdown, says report
January, February remittances increase by $1.3bn
The rise in remittances from workers abroad shows an increase rate of 33.6%, bringing the total amount of remittances in the first two months of the year to about $5.2bn. The latest figures compare to the roughly $3.9bn in remittances reported during the same two months last year.
Remittances in Egypt reach $26.8bn in 2019: CBE
The CBE added that remittances in the second half (2H) of 2019 surged by about $1.6bn to $13.7bn, compared to $12.1bn in the corresponding period in 2018.
Remittances up to $2.3bn in October: CBE
Remittances increased to $9bn in July-October 2019
Remittances from Egyptian expats hike to $6.7bn in 1Q20: CBE
Moreover, the remittances of Egyptian expats in September hiked about $2.3bn, recording a month-over-month increase of 33.2%, equivalent to $581.2m, compared to about $1.8bn in August. It also recorded a year-over-year increase of 32.8% compared to September 2018, the CBE added.
Remittances from Egyptian expats rose to $4.4bn in July and August: CBE
Remittances of Egyptians working abroad are one of Egypt’s most important foreign exchange resources.
Egypt is world’s fifth top remittance recipient by $28.9bn in 2018: WBG
Global remittances on track to reach $550bn in 2019, says KNOMAD
Remittances of Egyptian expats reach $23.3bn in 11M18: CBE
Increase of 5.7% in remittances compared to same period in 2017
Egyptian expatriates’ remittances increase by 8% in 10 months
During the period from January to October 2018, the total value of Egyptian expatriates’ remittances increased by $1.6bn to reach a total of $21.4bn, an increase of 8%, compared to $19.8bn during the same period last year, according to Central Bank of Egypt (CBE). The CBE said that the total value of remittances of Egyptians …
20.4% increase in Egyptian expatriates’ remittances in September
Total remittances from expatEgyptians witnessed 41.2% increase in April 2018, reaching about $2.3bn
Egyptian expats’ remittances historically hike 21.1% to $26.5bn in FY 2018: CBE
A Thursday press statement from the Central Bank of Egypt revealed a historical hike of Egyptian expats’ remittances up to $26.5bn in the fiscal year(FY) of 2018 with a 21.1% increase, compared with FY 2017 which was $21.9bn. Egyptian expats’ remittances recorded $7bn from April to June compared with $6bn during the same period of …
41.2% increase in remittances from expatriate Egyptians in April 2018
Total remittances reach a record level of $26bn from July 2017 to April 2018
Remittances record $17.3bn in 8 months: CBE
Egypt receives foreign exchange inflows of about $120bn since flotation, says Amer
Egyptian remittances score $10.4bn from July-November 2017: CBE
Egyptians’ remittances recorded about $2.2bn in November 2017, compared to $2.1bn in November 2016
CBE opens account to collect change from checks, remittances, directs them to development projects
CBE called on banks to transfer change to main account at end of each month to direct to Tahya Misr Fund
Foreign remittances reach $24.2bn a year since floatation
Increase among results of floatation, proof of confidence in Egyptian banks: CBE
Remittances from expatriate Egyptians rising, as currency flotation pays off
July transfers reach $1.8bn against $1.2bn a year earlier
Remittances from expatriate Egyptians rose 11.1% in May
The remittances stood at $1.7 billion against $1.5 billion a year earlier
$8bn total transfers from Egyptians working abroad in 5 months: CBE
Total remittances in March 2017 were worth $1.6bn, compared to $1.5bn in March 2016