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Egypt launches 1st phase of premium housing units for expats

The Ministry of Housing, Utilities, and Urban Communities has launched the first phase of premium residential units across 13 projects in various cities

Updated 1/21/2025 2:53:00 PM
CBE launches instant remittance transfer service

The Central Bank of Egypt (CBE) has introduced a new service enabling the instant transfer of remittances from abroad directly into customer accounts at all Egyptian banks.

Updated 12/5/2024 11:37:00 AM
Remittances from Egyptian abroad jump 65.5% YoY in August

Remittances from Egyptians abroad rose by 65.5% in August 2024, reaching $2.6 billion, compared to $1.6 billion in the same month last year.

Updated 11/11/2024 12:02:00 PM
Remittances from Egyptian expats up 73.8% YoY in May

Remittances from Egyptians working abroad jumped 73.8% year-on-year to approximately $2.7 billion in May 2024.

Updated 7/8/2024 12:24:00 PM
Egypt targets garnering up to $1B from tax-free car import initiative

Egypt is planning to collect up to $1 billion from the tax-free car import initiative after collecting a sum of $800 million in the first phase.

Updated 10/15/2023 7:58:00 AM