Expat

Egyptian expat remittances increase to US$ 2.7 billion in May 2024

For the third month in a row, remittances from Egyptians working abroad increased during May at a rate of 73.8 percent on an annual basis to reach about US$2.7 billion compared to about $1.6 billion during last year. It also increased by 26.6 percent compared to April, during which it reached about $2.2 billion, following …

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Egypt Independent July 9, 2024

Egypt’s Emigration minister reveals details behind new expat investment company

Minister of Immigration and Egyptian Expatriates Affairs, Soha al-Gendy, revealed the details behind the new investment company in which Egyptians working abroad will participate, with a capital of about one billion dollars. She explained on Saturday that the company will bear the name “Egyptians Abroad Company for Investment and Development,” and that the Zilla Capital …

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Egypt Independent February 18, 2024