Remittances

Remittances of Egyptians working in UAE record slight rise by 1.4%

Tue, 19 Sep 2023 - 12:28 GMT

The agency said that the total remittances were estimated at about $3.5 billion during the fiscal year 2021/2022, while they were about $3.4 billion during the fiscal year 2020/2021, an increase of about 1.4 percent.

Egypt received over $219.4B in remittances over past decade, state aims to increase this by 10%

Thu, 13 Jul 2023 - 02:05 GMT

Egypt was ranked among the top recipients of remittances in the Middle East and North Africa (MENA) region in 2022 according to a report by the World Bank in June

Remittances of Egyptian nationals in Arab states significantly rise during FY 20/21

Tue, 23 May 2023 - 07:27 GMT

Saudi Arabia ranked first in the list of the top ten Arab countries in the value of remittances from Egyptians working in it during the fiscal year 2020/2021.

Remittances from Egyptian expats record $12B in H2 of 2022: CBE

Wed, 03 May 2023 - 03:38 GMT

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.

Egypt's imports from US witnesses remarkable increase in 2022: CAPMAS

Tue, 31 Jan 2023 - 12:35 GMT

Egyptian imports from the United States of America witnessed a remarkable increase during the first 10 months of last year 2022, according to data from the Central Agency for Public Mobilization and Statistics.

Trade exchange between Egypt, US increase 12.2% in 10 months

Mon, 30 Jan 2023 - 05:52 GMT

The Egyptian exports to the US decreased 5.2 percent to reach $2 billion during the first 10 months of 2022, compared to $2.1 billion in the same period in 2021.

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.

Trade exchange between Egypt, Arab countries increases by19.2% in H1 of 2022

Tue, 01 Nov 2022 - 03:41 GMT

CAPMAS revealed that Egypt’s exports to Arab countries amounted to $5.9 billion during the first half of 2022, compared to $5.4 billion during the same period in 2021, marking an increase of $466.5 million or 8.6 percent.

Remittances from Egyptians working in UAE hit $3.3 billion in 9 months

Wed, 26 Oct 2022 - 02:55 GMT

This came during the celebrations of the 50th anniversary of the establishment of Egyptian-Emirati relations, organized by the two governments.

Remittances from Egyptian expats record $18.72B in 7 months: CBE

Thu, 15 Sep 2022 - 05:29 GMT

In July, the remittances from Egyptian expatriates decreased to $2.38 billion, compared to $2.79 billion during June 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.

Remittances of Egyptians abroad hit $29.1 bln within past 11 months

Mon, 01 Aug 2022 - 09:05 GMT

The Central Bank of Egypt (CBE) said that the remittances of Egyptians working abroad hit $29.1 billion during the past 11 months.

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.

CAPMAS releases figures on economic ties between Egypt, United Kingdom

Tue, 29 Mar 2022 - 10:54 GMT

Those covered imports, exports, investments, and remittances.

Remittances of Egyptians abroad increase by 73% in 6 years, 2021 highest ever

Sun, 20 Mar 2022 - 03:09 GMT

Remittances of Egyptians abroad increased by 73 percent in 2015-2021, with an unprecedented amount of $31.5 billion in 2021 alone, according to a Sunday report by the Information and Decision Support Center.

Remittances from Egyptian expats record $31.5B in 2021: CBE

Mon, 14 Mar 2022 - 07:11 GMT

Preliminary data also showed an increase in remittances during December 2021 at a rate of 3.4 percent on an annual basis, to record about $2.64 billion, compared to about $2.55 billion in December 2020.

Remittances from Egyptian expats record $28.9B in 11 months

Thu, 24 Feb 2022 - 12:41 GMT

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.

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.

CBE: Egyptian expats’ money transfers hit dlrs 2.7 billion in August

Thu, 18 Nov 2021 - 12:11 GMT

Total remittances of Egyptian expatriates in the period from January to August 2021 increased by 10.4% compared with the corresponding period in 2020 to stand at 21.4 billion dollars

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