Remittance

55 financial fraud cases worth LE200M unravel in 1 month

Mon, 15 Jul 2019 - 12:00 GMT

The crimes varied from bribery and administrative corruption to illegal currency trade, money laundering and tariff evasion.

Migrants losing $25 bln per year through remittance fees - UN

Tue, 20 Nov 2018 - 10:10 GMT

Lowering the fees migrant workers pay to send money home could result in $1 billion more being spent on education in developing countries.

Remittances from Egyptian expats amount to $29B in 14 months

Sun, 11 Feb 2018 - 02:11 GMT

The Central bank of Egypt said that the total remittances from Egyptian expatriates recorded $29.1 billion during the period from November 2016 to December 2017.

Egypt is Africa’s top FDI, remittance recipient in 2017

Sun, 25 Jun 2017 - 11:25 GMT

FDI influx in Egypt is expected to record $4.4 billion this year, according to the African Economic Outlook.

More