Egypt’s central bank launches instant inbound remittance service
The Central Bank of Egypt (CBE) announced on Thursday the launch of a new service that enables instantaneous…
Browsing Tag
Egyptian remittances
Egyptian expats remit $2.7b in Sep. ’24
Remittances from Egyptian expats have doubled to about $2.7 billion in September 2024, compared to $1.3 billion in…
Remittances from Egyptian expats in G20 hit $11.1b in FY22/23 – CAPMAS
Remittances from Egyptians working in the G20 countries amounted to $11.1 billion in the 2022/2023 fiscal year, a…
Remittances from Egyptian expats surge 65.5% YoY in August – CBE
Remittances from Egyptian expats recorded a new high in August 2024, increasing by 65.5 per cent year-on-year to…
Remittances from Egyptian expats up by 86.8% in July – CBE
Remittances from Egyptian expats reached a new high in July 2024, increasing by 86.8 per cent year-on-year to…
Egyptian expats’ remittances hit $30.1m in FY 22/23
Egyptian expatriates in Turkey sent $30.1 million in remittances during the 2022/2023 fiscal year, up from $29.1…
Egypt’s FX reserves hit $46.38b, surpass safety levels
Egypt's foreign exchange reserves hit a record high of $46.38 billion by June 2024.
