remittances

Foreign currency reserves rose to record-high $37.19 bn in December 2017: CBE
Economy

Foreign currency reserves rose to record-high $37.19 bn in December 2017: CBE

Egypt’s net foreign currency reserves climbed to an all-time high of $37.19 billion in December 2017, the Central Bank of Egypt (CBE)…
Egyptian expats remittances record highest level in history: CBE
Business

Egyptian expats remittances record highest level in history: CBE

From November 2016 to November 2017, the total sum of remittances sent to Egypt from expats working abroad reached $24.2 billion,…
Remittances from Egyptian expats up 40 pct from same period last year: CBE
Economy

Remittances from Egyptian expats up 40 pct from same period last year: CBE

Remittances from Egyptian expats were reportedly 40 percent higher in August than in the same month last year, registering $1.7…
23% increase in remittances from Egyptians expats in January: CBE
Business

23% increase in remittances from Egyptians expats in January: CBE

Remittances from Egyptian citizens working abroad rose by 23% in January to US$1.6 billion, compared to US$1.3 billion in January 2016,…
Egypt-Saudi Arabia trade up by 20%, says ambassador
Business

Egypt-Saudi Arabia trade up by 20%, says ambassador

Bilateral trade between Egypt and Saudi Arabia grew by 20 percent last year in transactions worth US$30 billion, said Egyptian…
Suez Canal revenues drop 3.6% in first half of fiscal year
Business

Suez Canal revenues drop 3.6% in first half of fiscal year

Suez Canal revenues fell 3.6 percent in first half of the current fiscal year versus the same period before, Planning…
As remittances grow, government clambers for more
Business

As remittances grow, government clambers for more

As money sent home from Egyptians abroad reaches a record level, President Mohamed Morsy and his government have pinpointed this…
Egyptian expat remittances reach US$19 bn in 2012
Egypt

Egyptian expat remittances reach US$19 bn in 2012

Total remittances from Egyptian expats increased to US$19 billion in 2012, a $4 billion increase from 2011, according to Central…
Prime minister: Egyptian expat remittances increase by 40 percent
Business

Prime minister: Egyptian expat remittances increase by 40 percent

Remittances from Egyptians living abroad have increased by 40 percent, Prime Minister Hesham Qandil said in a press conference Sunday.
Remittances up, but economy still faltering
Business

Remittances up, but economy still faltering

Remittances from Egyptian expats have increased by 40 percent over this fiscal year, said Prime Minister Hesham Qandil on Thursday.…
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