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.
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Hundreds of Lufthansa flights were cancelled on Thursday as pilots and flight attendants went on strike at Germany's largest airline, which has for years struggled to rein in costs at its core brand.
Dubai Holding sells 24% Empower stake to DEWA for AED 5 billion
Dubai Holding has sold its 24 per cent shares in Emirates Central Cooling Systems Corporation (Empower) to Dubai Electricity and Water Authority (DEWA) for AED 5.184 billion, increasing DEWA's shareholding from 56 per cent to 80 per cent.
DXB Airport hits record 95.2 million visitors in 2025
Dubai International (DXB) has welcomed 95.2 million guests in 2025, marking the busiest year in the airport’s history and the highest annual international passenger traffic ever recorded by any airport.
New 'DC Connect' platform streamlines Dubai Chambers services
Dubai Chambers has unveiled DC Connect, a digital platform that brings all the chambers' services together in one easy‑to‑use portal.
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