Latest in Tag: remittances Highlight
Latest in Tag: remittances
Egyptian remittances amount to $4.6bn in Q4 2016: CBE
Total remittances sent home from Egyptians working abroad rose during the period between October and December 2016 by about $500m, reaching $4.6bn; compared to $4.1bn during the same period in 2015—a growth of 11.8%, according to the Central Bank of Egypt (CBE). Remittances from abroad are considered one of the most important resources for foreign …
Remittances from Egyptians abroad increase by 33.2% in 1 month, amount to $1.7bn in November: CBE
Banks received $3.9373bn over three months
Egyptian remittances at Banque Misr, NBE, Banque du Caire increase to as high as 35%
Leaders of the National Bank of Egypt and Banque Misr revealed that 30% of the remittances sent by Egyptians abroad to banks now remain in Egyptian banks compared to the previous 1%. There has been an upwards trend in these rates since the flotation of the Egyptian pound last Thursday. Vice chairperson of the National …
Expat remittances make Eid Al-Adha memorable in Egypt
Xpress Money records 20% boost in remittances received by the state during the Muslim bayram
Remittances from UAE to Egypt expected to remain robust
Xpress Money’s mobile transactions are only available in the UK and will be available in other countries in first half of 2017, says COO
Brexit negatively affects Egyptian remittances: UAB secretary general
Egypt had 29.8% of the total Arab remittances from Britain, says Fattouh
Egyptians expatriate remittances equivalent triple to Suez Canal revenues: World Bank
Egypt tops Arab world in terms of expatriate remittances, estimated at $20bn annually
Social Fund for Development to grant further loans for projects in poor areas: Director
Funding reached EGP 2.3bn by September, of which EGP 2bn was allocated to small- and medium-sized projects and EGP 300m for social development
Egypt to be negatively impacted by Libyan conflict: ESCWA
The Libyan conflict could hurt the already struggling Egyptian economy
EGP 19bn in remitances from those living abroad
By: Ibrahim al-Masry Kamal Abu Eita, Minister of Manpower and Emigration stated that basic services need to be provided in order to encourage economic growth and benefit the lower classes at a recent conference held for Egyptians living abroad, under the title of “Egypt in the heart” under the auspices of President Adly Mansour. …
Nigeria, Egypt together received 64% of total remittances to Africa in 2012: African Development Bank
Political instability minimises Egypt’s chances of luring FDI
Balance of payments deficit drops 93% in 2012-13
The Central Bank of Egypt cited increased remittances from Egyptians working abroad this year as the main reason for the drop in the deficit