The only fees expats are required to pay now are: 30 percent of customs fees, total development fee and total value added tax (VAT), paid in foreign currency, which will be recovered after five years from the date of payments.
In August, the remittances from Egyptian expatriates decreased to $2.2 billion, compared to $2.4 billion during July 2021.
The CBE elaborated that the period from April to June 2022 witnessed an increase in remittances by 3 percent, to record about $8.3 billion, up from $8.1 billion during the corresponding period.
The president prayed to Allah to make this Eid a blessed and happy occasion.
The remittances decreased by 7.2 percent on a monthly basis as it recorded $3.3 billion in March 2022.
The CBE clarified that the remittances increased by 44.4 percent on a monthly basis which recorded $2.3 billion in February 2022.
CBE added that remittances from Egyptian expatriates during the first quarter of 2021/2020 climbed 1.5 percent on an annual basis to reach $8.1 billion, compared to $8 billion during the same quarter of 2020/2021.
Moreover, remittances from Egyptian expatriates hiked 10.4 percent during the fiscal year of 2019/2020 to reach $27.8 billion, recording its highest record ever, compared to $25.2 billion during the fiscal year of 2018/2019.
Remittances from Egyptian expatriates recorded $2.6 billion in November 2020, marking an annual increase of 27.9 percent.
The president’s order comes shortly after the Libyan Interior Ministry of the Government of National Accord (GNA) said it freed the abused workers in Tarhunah, southeast of the capital Tripoli, who have been kidnapped and humiliated by militias that are b
The Libyan authorities on Wednesday said it freed a group of Egyptian workers in Tarhunah, southeast of the capital Tripoli, who have been kidnapped and humiliated by militias that are believed to be allied to the Government of National Accord, which Egyp
While the volume of private transfers reached about LE 6630 million, compared to LE 5861 million during the compared period, marking an increase of about 4769 million.
“Whenever we succeed in adding the informal economy to the formal sector, this reflects on the economy and enables the state to attract foreign direct investment,” CBE’s governor stressed.
An exceptional third flight operated by the Egyptian flag carrier, EgyptAir, arrived from Kuwait to Cairo International Airport, to transfer the Egyptian nationals stuck in the Arab country over coronavirus.
Indicators referred that the total sum of work licenses given to Egyptian expatriates through the Ministry of Interior hit only one million.
Some expatriates started sending 2-minute video footages talking about their vacations in Egypt.
The fourth edition of the "Egypt Can" meetings will be held in December in the Red Sea Governorate.
Fatma Aziz posted a video earlier where she said that a Kuwaiti woman biker had hit her youngest child before she fought with her for shouting.
Remittances of Egyptian expatriates in Jordan reached USD 85 million in October, Manpower Minister Mohamed Saafan said on Monday.
A number of ministries signed Thursday a cooperation protocol that aims to facilitate the transfer of remittances from Egyptian expatriates to their families inside the country.