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Remittances from Egyptian expatriates rose 15.4% y-o-y in December 2016 to USD 1.6 bn from USD 1.4 bn last year, the CBE told Reuters. Remittances in 4Q2016 totalled USD 4.6 bn, an 11.8% increase from the same quarter last year.
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Plus: Incolease taps securitization market with debut EGP 2 bn…
PE and VC-backed companies were already pivoting to local exchanges…
Telda claims users can sell a position and immediately spend…
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