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.
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