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Remittances, defined as monetary transfers made by migrants to their home countries, play a crucial role in global economies and the livelihoods of individuals and families. In some countries, remittances account for more than 30% of the total economic output.
The origins of Egypt's stock exchange can be traced back to 1883 with the establishment of the first futures market in Alexandria. By 1899, under the rule of Khedive Abbas II, the exchange relocated to a new premises on Muhammad Ali Square, today known as El Manshiyya. In 1902, the Brokers' Syndicate was formed, setting the initial regulations ...
UAE Exchange (Arabic: مركز الإمارات العربية المتحدة للصرافة; Markaz Al'Imarat Alearabiat Almutahidat Lilsarafa) is a United Arab Emirates-based company dealing primarily in remittance, foreign exchange and bill payment services. [1] [2] [3]
GCC Exchange received the Fastest-Growing Remittance Award in 2017 in the UAE at the 5th Annual International Finance Awards Ceremony. [13] [14] [15] It also received the Best Exchange House Award in Dubai at 2018. [16] GCC Exchange is also connected to all major banks of the world through Swift Accounting. [17]
Formulates and implements Egypt's banking policy, monetary policy and credit policy; Issues banknotes; Manages gold and the foreign exchange reserves of the Arab Republic of Egypt; Regulates and manages Egypt's presence in the foreign exchange market; Supervises the national payments system; Manages Egypt's public and private external debt.
Egypt Post (Egyptian Arabic: البريد المصرى El-Barid el-Maṣri) is the governmental agency responsible for postal service in Egypt. Established 29 October 1865, it is one of the oldest governmental institutions in the country.
Egypt’s annual inflation rate set a record high in June, as the most populous Arab country continues to battle price hikes and a depreciating currency, the Egyptian statistics bureau said Monday ...
QNB Al Ahli S.A.E., part of Qatar National Bank Group; Arab Investment Bank (AIBK) Al Ahli Bank of Kuwait - Egypt (ABK-Egypt), part of Al Ahli Bank of Kuwait Group; First Abu Dhabi Bank - Misr (FAB), part of First Abu Dhabi Bank Group; Ahli United Bank - Egypt (AUB), part of Ahli United Bank Group; Faisal Islamic Bank of Egypt