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Egypt and Italy sign deal on remittances

Egypt Post has signed an agreement with its Italian counterpart, Poste Italiane, to facilitate remittances from 70% of the 90,000 Egyptians residents in Italy through 1300 post offices in Egypt's governorates and 700 post offices in Italy, Ahram has reported. The transfer fees are fixed at €5 per transaction, which will be split between the two parties.