remittances

Net foreign reserves record $33.141 bln at end of August
Economy

Net foreign reserves record $33.141 bln at end of August

The net foreign reserves recorded US$33.141 billion at the end of August 2022, the Central Bank of Egypt announced. The…
Foreign currencies exchange rate against Egyptian pound on Wednesday
Business

Foreign currencies exchange rate against Egyptian pound on Wednesday

Wednesday’s exchange rates for foreign currencies at the Central Bank of Egypt (CBE) are as follows: The US dollar is…
Remittances from expats rise 1.6% to $31.9 bln in 2022: CBE
Business

Remittances from expats rise 1.6% to $31.9 bln in 2022: CBE

Remittances from Egyptian expatriates increased during the fiscal year 2021/2022 at a rate of 1.6 percent, recording about US$31.9 billion,…
Egypt discusses preserving rights of Egyptian labor in Kuwait before returning
Egypt

Egypt discusses preserving rights of Egyptian labor in Kuwait before returning

The volume of Egyptian labor in Kuwait has reached 1.8 million people, and work is underway to discuss the best…
Remittances from Egyptian expatriates rise 12.8% in March to $3.3 bln
Business

Remittances from Egyptian expatriates rise 12.8% in March to $3.3 bln

The Central Bank of Egypt (CBE) announced that remittances from Egyptian expatriates rose in March to about US$3.3 billion, an…
Indigenous town in Mexico survives on remittances from US
World

Indigenous town in Mexico survives on remittances from US

COMACHUEN, Mexico (AP) — In Comachuen, a Purepecha Indigenous community of about 10,000 inhabitants nestled high in the pine-clad mountains…
Remittances from Egyptian expatriates rise 8.5% in 9 months
Business

Remittances from Egyptian expatriates rise 8.5% in 9 months

Remittances from Egyptian expatriate workers from July to March of fiscal year 2020/2021 rose 8.5 percent, from US$1.8 billion to…
Egypt’s headline inflation decreased to 3.4% in August
Business

Egypt’s headline inflation decreased to 3.4% in August

Egypt’s annual urban consumer price inflation decreased to 3.4 percent in August from 4.2 percent in July, the country’s statistics…
Emigrants send dollars home to Mexico – and virus warnings
Features/Interviews

Emigrants send dollars home to Mexico – and virus warnings

NEW YORK (AP) — In the weeks he spent flat on his back in his Brooklyn bunk, wracked with pain…
Lebanon’s plea to skeptical expats: Come visit, bring cash
Middle East

Lebanon’s plea to skeptical expats: Come visit, bring cash

BEIRUT (AP) — With Beirut’s airport partially reopening from a three-month virus shutdown, the government is hoping thousands of Lebanese…
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