Sunday 01, August 2010 by

Al Ansari Exchange announces new ties with National Bank of Egypt

The company also revealed that its focus on Egypt is being driven by the growth potential projected for the local remittance industry, with the country ranking as among the top 10 leading money transfer destinations across the globe according to statistics released by the World Bank, registering $8.7 billion in total cash transfers in 2008, an estimated $7.8 billion in 2009, and a projected growth of over six per cent for the current fiscal year.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more