remittance


GCC Worker Remittances Hit $131.5bn In 2023, Global Highest After US

Middle East Business News - Published date: .

The centre's data indicated a slight dip of 0.4% from 2022 Read more

UAEs Al Ansari Exchange, BILRS Partner To Expand Global Bill Payment Services

Middle East Business News - Published date: .

The facility will be made available through Al Ansari Exchange’s extensive branch network across India, Pakistan, Phi... Read more

UAEs Careem Pay Expands Remittance Service To 18 European Countries

Middle East Business News - Published date: .

Careem users can now send near-instant money transfers to bank accounts in Austria, Belgium, Croatia, Cyprus, Estonia a... Read more

Massive Spike In Remittances By Gulf-based NRIs As Rupee Nosedives To Record Levels

Middle East Business News - Published date: .

The rupee's sharp decline is likely to drive a further increase in non-resident Indian (NRI) remittances, particularly ... Read more

Saudi Arabias Expat Remittances Hit $38.4bn In 2024, Highest Since 2022

Middle East Business News - Published date: .

The increase was reportedly mainly due to the growth in employment rates and the improvement of wages in some sectors Read more

UAEs Al Fardan Exchange Ties Up With Visa For Enhanced Cross-border Remittance Services

Middle East Business News - Published date: .

The company announced launching a new cross-border remittance service through Visa Direct Read more

EXCLUSIVE: Careem Pay Launches Fee-free Remittance Service, Undercuts Traditional Exchanges

Middle East Business News - Published date: .

The move comes as conventional exchange houses increased their fees by 15% last year Read more

Could Gulf Remittances Increase After Indian Rupee Hits Downward Spiral?

Middle East Business News - Published date: .

NRI remittances to India, especially from the Gulf region, normally see a spurt whenever rupee value plunges against the... Read more