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Current account deficit narrows 20% in 1Q 2022-23
Higher FDI, exports and tourism revenues are easing balance of payments pressures.
Remittances to Egypt to rise 2.5% this year- World Bank
Remittances from Egyptians abroad are set to rise 2.5% this year, climbing to USD 32.3 bn from USD 31.5 bn…
THIS EVENING: Remittances are at a record high again + Eurozone activity slipped in August — and the EUR isn’t taking it well
Good afternoon, friends. Today is hump day — not yesterday, as we (however wishfully) declared it. It’s not a particularly…
Growth in Africa is looking promising in the near term — and Egypt has a big role to play
Egypt’s economic growth is expected to account for 17% of Africa’s output growth in 2022, according to a report (pdf)…
NBE partners with UAE’s LuLu on remittance transfer service
Egypt was one of the top five remittance destinations in 2020
Egyptian equities undervalued after EGX covid tantrum -Azimut
Egyptian equities undervalued after EGX’s covid tantrum -Azimut: Covid-19’s pummeling of the EGX earlier this year has left Egyptian equities…
Egypt’s current account deficit narrows, FDI more than doubles in 1Q2019-2020
Current account deficit narrows, FDI more than doubles in 1Q2019-2020: The current account deficit decreased 31% y-oy in the first…
Remittances rise 13.6% to USD 6.7 bn in 1Q2019-2020
Remittances rise 13.6% in 1Q2019-2020: Remittances from Egyptians living abroad rose to USD 6.7 bn in 1Q2019-2020, up 13.6% y-o-y…
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