{"id":604728,"date":"2018-12-11T04:17:11","date_gmt":"2018-12-11T04:17:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/"},"modified":"2018-12-11T04:17:11","modified_gmt":"2018-12-11T04:17:11","slug":"egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/","title":{"rendered":"Egypt is expected to be among the world\u2019s top recipients of remittances in 2018"},"content":{"rendered":"

<\/a> Egypt is expected to be among the world\u2019s top recipients of remittances in 2018<\/b>, with inflows from Egyptians working abroad expected to reach USD 26 bn by the end of the year, up 14% y-o-y from USD 18.2 bn last year, according to the World Bank\u2019s Migration and Development Brief (pdf)<\/a>. Remittances are projected to account for 10.8% of Egypt\u2019s GDP this year, up from 5.5% in 2017. The increase in flows to Egypt leads outpaces the growth in the same gauge for the wider MENA region, which is expected to come in at 9.1% this year.<\/p>\n

The cost of sending home remittances in the MENA region remains higher than the global average<\/b> despite declining slightly to 7% in 3Q2018 from 7.4% in 3Q2017, the report notes. The global average in 3Q2018 was 6.9%. However, costs are considerably lower when sending from GCC countries to Egypt than, say, from high-income OECD countries to Lebanon. \u201cEven with technological advances, remittances fees remain too high<\/b>, double the [Sustainable Development Goals] target of 3 percent,\u201d says World Bank Senior Vice President Mahmoud Mohieldin<\/a>.<\/p>\n

Would someone please (pretty please?) \u2018disrupt\u2019 this industry? <\/b>Are transaction fees that high in an industry that is this digitalized not an unjust tax on the poor? Modern-day usury, almost? Not to get all socialist-nationalist on all of you this morning, but why are central banks around the world not regulating this a little bit more tightly?<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt is expected to be among the world\u2019s top recipients of remittances in 2018, with inflows from Egyptians working abroad expected to reach USD 26 bn by the end of the year, up 14% y-o-y from USD 18.2 bn last year, according to the World Bank\u2019s Migration and Development Brief (pdf). Remittances are projected to […]<\/p>\n","protected":false},"author":1,"featured_media":604729,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,348,2396,493,2380,321],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-gdp","tag-remittances","tag-sdgs","tag-speed-round","tag-world-bank","wpautop","entry"],"acf":{"mongo_id":"136fb133-3f4e-440a-9b77-2be485fcf228","order":"0","is_powered_by":true,"section_story_id":"f5d228db-a8cd-40e5-ab48-837d230ef3b1","story_type":"1","photo_url":"https:\/\/ent.news\/2018\/12\/3611.jpg","photo_position":"above","related_issue":[604710],"teaser":"","voice_url":""},"yoast_head":"\nEgypt is expected to be among the world\u2019s top recipients of remittances in 2018 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt is expected to be among the world\u2019s top recipients of remittances in 2018\" \/>\n<meta property=\"og:description\" content=\"Egypt is expected to be among the world\u2019s top recipients of remittances in 2018, with inflows from Egyptians working abroad expected to reach USD 26 bn by the end of the year, up 14% y-o-y from USD 18.2 bn last year, according to the World Bank\u2019s Migration and Development Brief (pdf). Remittances are projected to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-11T04:17:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2018\/12\/3611.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt is expected to be among the world\u2019s top recipients of remittances in 2018\",\"datePublished\":\"2018-12-11T04:17:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/\"},\"wordCount\":242,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/12\/3611.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"GDP\",\"remittances\",\"SDGs\",\"SPEED ROUND\",\"World Bank\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/\",\"name\":\"Egypt is expected to be among the world\u2019s top recipients of remittances in 2018 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/12\/3611.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2018-12-11T04:17:11+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2018\/12\/3611.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/12\/3611.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt is expected to be among the world\u2019s top recipients of remittances in 2018\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egypt is expected to be among the world\u2019s top recipients of remittances in 2018 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/","og_locale":"en_US","og_type":"article","og_title":"Egypt is expected to be among the world\u2019s top recipients of remittances in 2018","og_description":"Egypt is expected to be among the world\u2019s top recipients of remittances in 2018, with inflows from Egyptians working abroad expected to reach USD 26 bn by the end of the year, up 14% y-o-y from USD 18.2 bn last year, according to the World Bank\u2019s Migration and Development Brief (pdf). Remittances are projected to […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-12-11T04:17:11+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/3611.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egypt is expected to be among the world\u2019s top recipients of remittances in 2018","datePublished":"2018-12-11T04:17:11+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/"},"wordCount":242,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/3611.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","GDP","remittances","SDGs","SPEED ROUND","World Bank"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/","name":"Egypt is expected to be among the world\u2019s top recipients of remittances in 2018 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/3611.jpg?fit=%2C&ssl=1","datePublished":"2018-12-11T04:17:11+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/3611.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/3611.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypt-is-expected-to-be-among-the-worlds-top-recipients-of-remittances-in-2018\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egypt is expected to be among the world\u2019s top recipients of remittances in 2018"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/3611.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/3611.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/3611.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":591475,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/08\/egyptian-expat-remittances-forecast-to-be-among-fifth-highest-in-the-world-in-2019\/","url_meta":{"origin":604728,"position":0},"title":"Egyptian expat remittances forecast to be among fifth-highest in the world in 2019","author":"enterpriseam admin","date":"8 December 2019","format":false,"excerpt":"Egyptian expats are projected to send home the fifth highest value of remittances in the world by the end of year, World Bank data shows. Remittances to the country are expected to hit USD 26.4 bn this year, down slightly from USD 29 bn last year. Globally, remittance inflows to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555007,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/28\/egypts-remittance-inflows-on-track-to-hit-record-high-this-year-outpace-mena-peers\/","url_meta":{"origin":604728,"position":1},"title":"Egypt\u2019s remittance inflows on track to hit record high this year + outpace MENA peers","author":"enterpriseam admin","date":"28 November 2021","format":false,"excerpt":"Remittance inflows to Egypt are on course to hit a record high this year as higher oil prices and the global economic recovery fuel an increase in transfers. Transfers from Egyptians abroad are projected to increase almost 13% to USD 33 bn this year, making Egypt one of the world\u2019s\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/241.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":602930,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/10\/egypt-was-the-worlds-fifth-top-recipient-of-remittances-in-2018\/","url_meta":{"origin":604728,"position":2},"title":"Egypt was the world\u2019s fifth top recipient of remittances in 2018","author":"enterpriseam admin","date":"10 April 2019","format":false,"excerpt":"Egypt was the world\u2019s fifth top recipient of remittances in 2018, with inflows from Egyptians working abroad reaching USD 29 bn by the end of the year, up 17% y-o-y from USD 18.2 bn last year, according to the World Bank\u2019s Migration and Development Brief (pdf). The increase in flows\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/767.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546341,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/12\/remittances-from-egyptians-abroad-to-grow-8-in-2022-says-world-bank\/","url_meta":{"origin":604728,"position":3},"title":"Remittances from Egyptians abroad to grow 8% in 2022, says World Bank","author":"enterpriseam admin","date":"12 May 2022","format":false,"excerpt":"It\u2019s not all dim on the macro front: Remittances from Egyptian expats are expected to grow at a faster pace in 2022, rising by 8% compared to 6.4% last year, according to the World Bank\u2019s latest forecast (pdf). The lender says that flows will pick up due to an \u201caltruistic\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/156.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554158,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/22\/remittances-up-1-5-in-1q2021-2022\/","url_meta":{"origin":604728,"position":4},"title":"Remittances up 1.5% in 1Q2021-2022","author":"enterpriseam admin","date":"22 December 2021","format":false,"excerpt":"Remittances from Egyptians abroad were up 1.5% y-o-y to USD 8.1 bn in the first quarter of FY 2021-2022, the central bank announced in a statement (pdf). The quarterly figure rose despite September being a slow month, with remittances dipping 3% y-o-y to USD 2.6 bn. In August, remittances grew\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/450.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577730,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/04\/remittances-to-egypt-to-rise-2-5-this-year-world-bank\/","url_meta":{"origin":604728,"position":5},"title":"Remittances to Egypt to rise 2.5% this year- World Bank","author":"enterpriseam admin","date":"4 December 2022","format":false,"excerpt":"Remittances from Egyptians abroad are set to rise 2.5% this year, climbing to USD 32.3 bn from USD 31.5 bn in 2021, according to the World Bank\u2019s latest forecast (pdf). The Washington-based lender sees Egypt\u2019s inflows benefiting from surging oil prices, which will increase transfers from Egyptian workers based in\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/36.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/604728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=604728"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/604728\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/604710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/604729"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=604728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=604728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=604728"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=604728"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=604728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}