Egyptian Expatriates

Remittances from Egyptians expats surge to $2.7B in September 2024

Mon, 25 Nov 2024 - 01:47 GMT

The CBE attributed this substantial growth to ongoing positive impacts from economic reforms introduced in March, which have boosted foreign currency inflows.

Remittances from Egyptians expats surge to $2.6B in August 2024

Mon, 11 Nov 2024 - 11:29 GMT

Additionally, remittances for the period from July to August 2024 increased by 76.2 percent, reaching around $5.6 billion, compared to approximately $3.2 billion during the same period last year.

Egypt offers Eid Al-Adha sacrificial sukuk in foreign currency for expatriates

Fri, 31 May 2024 - 06:51 GMT

The initiative is implemented in coordination between the Ministry of Awqaf (Endowments) and the Ministry of Emigration and Egyptian Expatriates' Affairs.

Egypt to accept applications from expats to settle military service status from May

Sun, 28 Apr 2024 - 12:08 GMT

The initiative, launched for the first time in 2023, allows Egyptians between the ages of 18 and 30, as well as those who have exceeded this age range, to settle their military service status while staying abroad.

Egyptian remittances returning to normal as black market shrinks: PM

Wed, 13 Mar 2024 - 01:49 GMT

Prime Minister Mostafa Madbouli announced that remittances from Egyptian expatriates are gradually returning to their usual levels, particularly due to the narrowing gap between the official exchange rate and the black market rate.

Photos: Egyptians in Arab, other states line up to vote in 2024 Presidential Elections

Fri, 01 Dec 2023 - 08:46 GMT

Dozens of Egyptians abroad have lined up at their embassies and consulates in Arab countries and many states around the world to cast their vote in the 2024 Presidential Elections.

2024 Presidential Elections for Egyptians abroad around the corner: What to know

Thu, 30 Nov 2023 - 12:43 GMT

State authorities are preparing for the 2024 Presidential Elections as millions of Egyptians residing abroad will be able to cast their ballot from 1-3 December.

Egypt’s parliament approves new amendments to facilitate tax-free car import for expats

Mon, 27 Feb 2023 - 06:03 GMT

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.

Remittances from Egyptian expats record $20.9B in 8 months: CBE

Thu, 17 Nov 2022 - 02:53 GMT

In August, the remittances from Egyptian expatriates decreased to $2.2 billion, compared to $2.4 billion during July 2021.

Remittances from Egyptian expats record $31.9B in 2021/22: CBE

Tue, 23 Aug 2022 - 02:48 GMT

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.

President Sisi wishes Egyptian expats a happy Eid Adha

Fri, 08 Jul 2022 - 11:52 GMT

The president prayed to Allah to make this Eid a blessed and happy occasion.

Remittances from Egyptian expats hike 7.7% in 4 months, records $3.1B in April

Tue, 05 Jul 2022 - 03:33 GMT

The remittances decreased by 7.2 percent on a monthly basis as it recorded $3.3 billion in March 2022.

Remittances from Egyptian expats record $3.3B in March: CBE

Mon, 16 May 2022 - 02:28 GMT

The CBE clarified that the remittances increased by 44.4 percent on a monthly basis which recorded $2.3 billion in February 2022.

Remittances from Egyptian expats record $24B in 9 months, $2.62B in Sep.

Tue, 21 Dec 2021 - 02:20 GMT

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.

Remittances from Egyptian expats record $205.3B in 10 years

Mon, 21 Jun 2021 - 11:31 GMT

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 expats record $27.1B in 11 months of 2020

Tue, 02 Feb 2021 - 01:30 GMT

Remittances from Egyptian expatriates recorded $2.6 billion in November 2020, marking an annual increase of 27.9 percent.

Sisi orders ending crisis of Egyptian expats held in Libya

Wed, 17 Jun 2020 - 09:55 GMT

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

Libyan authorities announce freeing abused Egyptians, arresting kidnappers

Wed, 17 Jun 2020 - 07:25 GMT

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

Remittances from Egyptian expats jump to $6.7 in Q1 2019/20

Thu, 21 May 2020 - 05:53 GMT

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.

Egyptian expats’ remittances hit $34B, exceeding Egypt’s Central Bank figures

Mon, 30 Mar 2020 - 11:47 GMT

“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.

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