Nearly 8% drop in expat remittances from UAE


Expat remittances from the UAE reached nearly AED 40 billion during the last three months of 2018.

That's a 7.7 per cent drop compared to the same period in 2017.

According to the Central Bank, the bulk of the funds were sent to India, Pakistan, Philippines and the US.

More than 75 per cent of the amount was transferred through money exchange companies and the rest through banks.

More from Business

Coming Up on Dubai Eye

  • Lunch with Lloyd

    11:00am - 2:00pm

    No one knows entertainment better than veteran Dubai broadcaster Mark Lloyd.

  • Afternoons with Helen Farmer

    2:00pm - 5:00pm

    Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.


On Dubai Eye

  • Meet Gift, female food delivery driver

    Gift came here from Nigeria and failed to find a job, until a pizza company offered her one. She's now one of the very few female delivery drivers in the UAE.


    Farmer's Kitchen is back for 2021!
    With our partners Spinneys, we are going to help you wave goodbye to boring dinners, cluttered fridges, and lumpy leftovers!