A surge in remittances from Egyptians working abroad helped partially offset a $991.2m deficit in Egypt’s balance of payments (BOP) during the first quarter of the fiscal year (FY) 2024/25 July to September 2024), according to a report released by the Central Bank of Egypt (CBE). Remittances increased by 84.4% to $8.3bn, up from $4.5bn […]

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