Remittances

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

Remittances from Egyptian expats record $18.7B in 7 months, $2.79B in July

Mon, 18 Oct 2021 - 12:01 GMT

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.

Makram: Egypt achieved leap in receiving remittances

Sun, 10 Oct 2021 - 04:03 GMT

During a conference on the role of remittances in increasing investments and achieving sustainable development, the minister said Egypt achieved an important leap in receiving remittances despite global economic challenges.

Remittances from Egyptian expats record $28.5B in 11 months, $2.6B in May

Tue, 17 Aug 2021 - 01:08 GMT

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.

Egypt's Cabinet publishes figures on economic performance between 2009, 2021

Sat, 10 Jul 2021 - 02:42 GMT

The Media Center of the Cabinet released Saturday the figures.

Remittances from Egyptian expats record $2.5B in April

Thu, 08 Jul 2021 - 03:23 GMT

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.

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.

Egypt’s trade balance deficit declines 1% in Q1 of 2021

Wed, 02 Jun 2021 - 04:01 GMT

The minister explained that the trade balance deficit during the period from January to March 2021 amounted to about $9.6 billion, compared to $9.7 billion in the corresponding period in 2020.

CAPMAS: Egypt ranks sixth among world's top recipients of remittances

Mon, 29 Mar 2021 - 03:29 GMT

In a report Monday, it added that remittances from abroad reached 24.4 billion in 2020, representing 6.7 percent of GDP.

Remittances from Egyptian expats record $29.16B during 2020

Mon, 15 Mar 2021 - 11:54 GMT

During October/December 2020, remittances from Egyptian expatriates reached $7.5 billion, compared to $7 billion during the same period of 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.

Egypt collects $400M from Beladi certificate

Tue, 26 Jan 2021 - 03:42 GMT

Makram also pointed out that remittances from Egyptians abroad reached $27 billion during the fiscal year 2019-2020, according to reports from the Central Bank.

Remittances from Egyptian expats reach $8B in Q1 20/21

Tue, 08 Dec 2020 - 01:32 GMT

CBE clarified Tuesday that remittances from Egyptian expatriates rose 16 percent in September 2020, recording $2.7 billion, compared to $2.3 billion in September 2019

World Bank: Remittance inflows to Egypt continue increasing despite global decline

Fri, 30 Oct 2020 - 12:02 GMT

The World Bank expected Thursday that the remittances of the Egyptians, working abroad, would hit 24.4 billion dollars by the end of 2020, or 6.7 percent of GDP, despite the ramifications of the global outbreak of coronavirus.

Remittances from Egyptian expats record hight level ever in 2019/2020 at $27.8B

Wed, 28 Oct 2020 - 11:22 GMT

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.

COVID-19 IMPACT: Livelihood of Egyptian small farmers plagued by remittance slump

Thu, 25 Jun 2020 - 12:31 GMT

The IFAD estimated that the global remittances to developing countries could fall by US$110 billion in 2020 as a result of the outbreak of COVID-19.

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.

Remittances from Egyptian expats jump to $5.2 in January, February

Thu, 16 Apr 2020 - 12:21 GMT

Remittances from Egyptian expatriates climbed during January 2020 to $2.6 billion, compared to $2.1 billion during January 2019, marking an increase of 27.8 percent.

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.

Remittances from Egyptian expats hike to $26.8B in 2019

Thu, 19 Mar 2020 - 12:54 GMT

CBE attributed the increase to the hike of the remittances of Egyptians abroad during the second half of 2019 by 13.5 percent or $1.6 billion.

More