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Egyptian expatriates’ remittances increase by 8% in 10 months

During the period from January to October 2018, the total value of Egyptian expatriates’ remittances increased by $1.6bn to reach a total of $21.4bn, an increase of 8%, compared to $19.8bn during the same period last year, according to Central Bank of Egypt (CBE). The CBE said that the total value of remittances of Egyptians …

Daily News Egypt

Metropolitan intends to reach EGP 750m volume during 2019

Metropolitan Egypt intends to achieve a business volume of EGP 750m in 2019, according to Khaled Nagaty, chairperson of the company. Nagaty said that his company plans to establish a number of new branches, emphasising that the process will begin in Alexandria and Assuit during the first quarter of 2019. He further added that the …

Daily News Egypt

Gavi, Mastercard join forces to reach more children with lifesaving vaccines

Mastercard and Gavi, the Vaccine Alliance, announced recently at a high-level conference for Gavi’s 2018 mid-term review, a new transformative partnership to ensure more children from the poorest countries are able to benefit from life-saving immunisation programs. Although major progress has been made to increase immunisation rates, one in five children in Gavi-supported countries are …

Daily News Egypt

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