expatriates
The remittances from Egyptian expatriates declined during the third quarter of 2022 (July-September) by 20.9 percent, recording $6.4 billion, down from $8.1 billion during the same quarter of 2021.
The meeting was held to get briefed on the ideas of Egyptian expatriates and their proposals.
The draft law stipulates that “an Egyptian who has a valid residency abroad has the right to import one private passenger car for his personal use, exempt from taxes and fees that had to be paid to release the car, including the value-added tax and the schedule tax.
In July, the remittances from Egyptian expatriates decreased to $2.38 billion, compared to $2.79 billion during June 2021.
Deputy Governor of the Economic Research Sector at the Central Bank of Egypt (CBE), Adel Abdel Azim, said in a statement that preliminary data showed a decline in remittances during November 2021 at a rate of 3.9 percent on an annual basis, to record about $2.5 billion.
Makram affirmed that the country is against illegal migration, adding that Egypt has managed to prevent any illegal migration attempt since 2016 as it was declared by President Abdel Fattah El Sisi.
Ambassador Nabila Ambassador Nabila Makram Abdel Shaheed, Minister of State for Immigration and Egyptians Abroad Affairs, announced the start of implementing the first insurance policy for Egyptian expats as of Saturday, January 1, 2022.
Egyptians there can communicate with the operation room and send their inquires and complaints to: Egyptiansabroad@emigration.gov.eg
The data showed that remittances from Egyptian expatriates during July 2021 inched down 3 percent to reach $2.79 billion, compared to $2.88 billion during July 2020.
The data showed that remittances from Egyptian expatriates during May 2021 increased 45.2 percent to reach $2.6 billion, compared to $1.8 billion during May 2020.
The data also showed an increase in remittances from Egyptians working abroad during the period from July 2020 until the end of April, to record about $25.8 billion, compared to about $23.4 billion during the same period of the previous fiscal year 2019-2020.
During October/December 2020, remittances from Egyptian expatriates reached $7.5 billion, compared to $7 billion during the same period of 2019.
Saudi authorities arrested the culprit who shot dead the Egyptian national, originally from Minya Governorate, the statement said.
The Egyptian expatriates were carrying Egyptian flags and pictures of President Abdel Fattah El-Sisi, chanting “Long Live Egypt,” and “We love you, Sisi.”
A total of 140 polling stations formed at the premises of the Egyptian diplomatic missions in 124 countries are receiving the envelopes until Friday evening.
Egyptians abroad started on Monday registering for the elections that will be held for Egyptian expatriates for three days starting on Wednesday.
Remittances from Egyptian expatriates climbed 33.7 percent during June 2020 to jump to $2.6 billion, compared to $1.9 billion during June 2019.
The founders of the initiative said that the campaign stands aloof from all individual candidates and lists, noting that the campaign is voluntary and non-profitable.
Egyptians abroad can register their data during the period from Sunday, September 27 to Saturday, October 10, according to the Foreign Ministry.
Kuwait referred to investigations two people, a Saudi and Kuwati nationals, over insulting and assaulting an Egyptian doctor and a security personnel while performing their work.
