remittances
- Middle East
UAE: Exchange houses to increase remittance fees by 15%
Abu Dhabi: Exchange houses in the United Arab Emirates (UAE) are expected to increase remittance fees for expatriates by 15 percent for the first time in five years. The announcement was made…
- Pakistan
Pakistan’s brain drain witnesses sharp increase
Islamabad: The brain drain phenomenon in Pakistan has witnessed a sharp increase, with a growing number of highly-educated professionals opting to leave the country in search of better opportunities elsewhere, media reports…
- Pakistan
Pakistan’s remittances increase 4.9 pc in Feb: Central bank
Islamabad: Remittances sent by overseas Pakistani workers increased by 4.9 per cent in February on a month-on-month basis, the central bank said. The workers’ remittances recorded an inflow of $1.987 billion in…
- India
India to receive over record USD 100 billion in remittances in 2022: World Bank
Washington: Retaining its spot as the world’s top recipient of remittances, migrant workers from India are set to send home a record USD 100 billion in 2022, despite global headwinds like rising…
- Middle East
Saudi Arabia: Remittance of expats drops by 7.3% in July
Riyadh: Remittances of ex-pats residing in Saudi Arabia have dropped by 7.3 percent reaching Saudi Riyal (SAR) 11.6 billion in July 2022 as compared to SAR 12.5 billion in 2021. There was…