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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.

Daily News Egypt

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 …

Daily News Egypt

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 …

Hossam Mounir

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. …

Daily News Egypt