• 22:14
  • Monday ,21 August 2017
العربية

Tourism and remittances supports Egypt’s foreign-currency: Bloomberg reported

Coptsunited

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00:08

Friday ,18 August 2017

Tourism and remittances supports Egypt’s foreign-currency: Bloomberg reported

Bloomberg said that Egyptian economy has recorded promising numbers as Egypt’s tourism revenues rose to $1.5 billion in the fourth quarter of 2017, up from $510 million in the same period a year ago.

Full-year receipts rose 16 percent to $4.4 billion. Remittances grew 9 percent to $4.8 billion in the fourth quarter, and rose two percent to $17.4 billion for the year, Bloomberg said.