Expats in the UAE sent home more than AED 80 billion during the first half of this year.
According to the Central Bank, around 40 per cent of this amount (AED 33 billion) was transferred through money exchange companies and the rest from banks.
India was the top receiving country, accounting for 37.2 per cent of the total remittances.
The other major beneficiaries were Pakistan (10.5 per cent), the Philippines (7.2 per cent) and Egypt (6.3 per cent).
DEWA discusses expanding international operations in UK
Dubai Electricity and Water Authority's (DEWA) international branch visited London this week to meet with senior leadership from ING and Actis.
UAE looks to deepen trade ties with Canada during Toronto visit
The UAE is looking to strengthen trade and investment ties with Canada following a visit to Toronto by Minister of Foreign Trade Dr Thani bin Ahmed Al Zeyoudi.
DEWA International explores partnerships with French energy firms
DEWA International has held talks with several leading French energy companies as it looks to expand its global presence following its launch last month.
UAE, Canada conclude CEPA negotiations
Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, and Maninder Sidhu, Canadian Minister of International Trade, have announced the conclusion of Comprehensive Economic Partnership Agreement (CEPA) negotiations between the two countries.
New US tariffs to affect imports from EU, China and dozens of other countries
The United States is introducing new tariffs on imports from 60 trading partners, including the European Union, China, Japan and South Korea, in a move that could reshape global trade flows and supply chains.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
