remittances

Remittances from Egyptian expatriates rise 8.5% in 9 months
Business

Remittances from Egyptian expatriates rise 8.5% in 9 months

Remittances from Egyptian expatriate workers from July to March of fiscal year 2020/2021 rose 8.5 percent, from US$1.8 billion to…
Egypt’s headline inflation decreased to 3.4% in August
Business

Egypt’s headline inflation decreased to 3.4% in August

Egypt’s annual urban consumer price inflation decreased to 3.4 percent in August from 4.2 percent in July, the country’s statistics…
Emigrants send dollars home to Mexico – and virus warnings
Features/Interviews

Emigrants send dollars home to Mexico – and virus warnings

NEW YORK (AP) — In the weeks he spent flat on his back in his Brooklyn bunk, wracked with pain…
Lebanon’s plea to skeptical expats: Come visit, bring cash
Middle East

Lebanon’s plea to skeptical expats: Come visit, bring cash

BEIRUT (AP) — With Beirut’s airport partially reopening from a three-month virus shutdown, the government is hoping thousands of Lebanese…
Middle East economies take massive hit with oil price crash
Middle East

Middle East economies take massive hit with oil price crash

BAGHDAD (AP) — Iraq is planning painful cuts in social benefits relied on by millions of government workers. Saudi Arabia…
Virus traps, sickens foreign laborers in Gulf Arab states
Middle East

Virus traps, sickens foreign laborers in Gulf Arab states

DUBAI, United Arab Emirates (AP) — Long a lifeline for families back home, migrant workers in oil-rich Gulf Arab states…
Egypt’s current account deficit narrows in Q4 of 2019
Economy

Egypt’s current account deficit narrows in Q4 of 2019

Egypt’s current account deficit for the last quarter of 2019 narrowed to $3.19 billion from $3.25 billion in the same…
Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year
Business

Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year

Egypt’s Minister of Planning and Economic Development Hala al-Saeed said Egypt’s Gross Domestic Product (GDP) had achieved growth of 5.6 percent…
Remittances increase 5.5% in 12 months: CBE
Economy

Remittances increase 5.5% in 12 months: CBE

The Central Bank of Egypt (CBE) stated on Monday that the remittances of Egyptian workers abroad in the months July…
Remittances from Egyptians abroad up by 20.4% in September 2018
Economy

Remittances from Egyptians abroad up by 20.4% in September 2018

The Central Bank of Egypt (CBE) announced a rise in remittances from Egyptians working abroad by 20.4 percent ($298 million)…
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