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Visa and Egypt Agree to Establish Remittances Transfer Service

Visa inked a memorandum of understanding (MoU) with the Egyptian Banks Company (EBC), the technology arm of the Central Bank of Egypt (CBE), to streamline and improve the process of international remittances for Egyptians residing overseas, the financial services announced in a press release shared with Egyptian Streets on 11 February. “This strategic partnership is ....

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Reviving Remittances: Egypt Explores Exporting High-Skilled Workers to Boost Economy

Members of Egypt’s cabinet, including Prime Minister Mostafa Madbouly, held a meeting on 9 January to explore exporting trained and skilled Egyptians for labour abroad. The meeting, also attended by the ministers of foreign affairs, higher education, education, emigration, and labour, was a follow-up to the topic previously discussed months earlier according to a cabinet ....

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