AMMAN —
Egyptian workers in Jordan have transferred
$774.2 million in remittances during the fiscal year 2020–2021, according to
the Egyptian Central Agency for Public Mobilization and Statistics, Khaberni
reported on Monday.
اضافة اعلان
Jordan ranked
fifth on the list of the top 10 Arab countries by value of remittances of
Egyptian workers during the period.
Saudi Arabia
ranked first, with Egyptian workers’ remittances reaching $11.2 billion,
followed by Kuwait at $4.4 billion, the UAE at $3.4 billion, and Qatar at $1.5
billion. Oman ranked sixth with $162 million, followed by Bahrain with $104.1
million, Yemen with $79.9 million, Iraq with $43.7 million, and Lebanon with
$39.5 million.
By the end of
2021, 7.1 million Egyptians were residing in Arab countries, according to the
agency’s estimates.
According to the
agency data, there has been an increase in the value of Arab countries’
investments in Egypt, reaching $8.2 billion during the fiscal year 2021–2022,
up from about $3.1 billion in the previous fiscal year, a 163.8 percent
increase.
According to
data, Jordan ranks seventh among the top 10 Arab countries investing in Egypt
during the 2021–2022 fiscal year, with a value of $51.9 million.
The UAE ranks
first, with $5.7 billion, followed by Kuwait at $669.3 million, then Qatar at
$518.3 million, followed by Saudi Arabia with $491.6 million, Bahrain with
$457.9 million, Tunisia with $58.7 million, Morocco with $51.1 million, Lebanon
with $28.3 million, and Libya with $19.3 million.
The value of
remittances of Egyptians working in the Arab countries grew by a record 10.9
percent, to reach $21.9 billion during the fiscal year 2020/2021; it had
reached $19.8 billion the year before.
During the fiscal year
2020–2021, the value of remittances of Arabs working in Egypt had decreased to
reach $114.9 million, a 2.5 percent decrease compared to the $117.8 million
during the year before.
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