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.
UAE expands access to government bonds with 'Retail Sukuk' initiative
The UAE Ministry of Finance has launched an initiative called 'Retail Sukuk', allowing individual investors to access Shariah-compliant, government-backed Treasury Sukuk (T-Sukuk) through digital platforms operated by local banks.
New UAE-Oman freight rail link to boost regional trade
A new freight rail service is set to connect Sohar in Oman with Abu Dhabi in the UAE, marking a major step forward in regional trade and logistics.
Trump says all trade talks with Canada are terminated
US President Donald Trump said on Thursday all trade talks with Canada were terminated following what he called a fraudulent advertisement in which former and late President Ronald Reagan spoke negatively about tariffs.
du reports AED732 million Q3 profit
Emirates Integrated Telecommunications Company PJSC (du) announced its financial results for the third quarter of 2025 on Thursday, reporting strong revenue growth and solid profitability across its key business segments.
Nakheel unveils premium waterfront villas at Palm Jebel Ali
Nakheel, a member of Dubai Holding Real Estate, has announced the launch of an exclusive collection of waterfront villas at Palm Jebel Ali, marking a new chapter in the evolution of Dubai’s most ambitious island development.
