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FinancialNews


  • 24-02-20

    Expats' remittances from UAE total some AED165 billion

    (MENAFN) Figures issued by the Central Bank of the United Arab Emirates showed that, in 2019, expats' remittances from the United Arab Emirates totaled about AED165 billion.


    In the same period in 2018, the 4th quarter of last year witnessed a rise of 1.8 percent with 15.6 percent there of transferred through banks and the rest using money exchange firms operating in the UAE.


    India was the main-receiving country for income made by expats and then comes Pakistani beneficiaries, Filipinos, Egyptians, UK nationals and Bangladeshis.

    MENAFN2402202000450000ID1099747980

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