Sunday, 21 August 2016

From UAE to Egypt

The World Bank has released figures showing that Egypt is the country that receives the highest amount of remittances in the MENA region. In 2015, the country received an estimated $19.7bn in remittances from around the world, of which $1.83bn was received from Egyptians residing in the UAE.

Remittances play an important role in the Egyptian economy, contributing to 6.8% of the country’s GDP in 2014.

No comments:

Post a comment