UAE expat remittances hit over AED 160 billion in 2017

UAE expat remittances hit over AED 160 billion in 2017

Expats in the UAE remitted more than AED 164 billion last year.

Releasing the stats, the UAE Central Bank said the figure grew by just over 2 per cent from 2016.

India was the top-receiving country, followed by Pakistan and the Philippines.

A total of AED 121 billion was transferred through money exchange companies, while the rest was sent through banks.


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