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.
OPEC+ agrees September oil production increase
OPEC+ has agreed to increase oil production by around 188,000 barrels a day from September, completing the rollback of voluntary output cuts introduced in 2023.
UAE, Egypt agree on phased expansion to boost air connectivity
The UAE and Egypt have agreed to establish a phased framework for the gradual expansion of air services between the two countries to meet growing demand for passenger traffic, create new opportunities for airlines and further boost economic ties.
Dubai awards Sustainable Tourism stamp to over 200 hotels
As many as 237 hotels have been awarded the Dubai Sustainable Tourism (DST) stamp for their commitment to responsible hospitality practices.
BMW to cut several thousand jobs in latest blow to German auto sector
BMW said on Wednesday it will cut several thousand jobs in Germany by the end of 2027 under a voluntary redundancy programme, the latest German carmaker to axe staff in response to squeezed profits and weak demand.
UAE discusses digital safety, AI policies with Snapchat
A UAE delegation has explored ways to strengthen cooperation in digital safety and responsible AI policies with representatives from Snapchat during a meeting in London.
A Parallel World (From Forgotten Island)
Bini
Tahanan
El Manu
Stronger Than Before
Jessica Sanchez, Morissette
Pinoy Expat Corner
What inspired them to choose running as their form of exercise despite their busy work schedules as OFWs?
Pinoy Expat Corner
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Pinoy Expat Corner
What's the difference between pickleball, tennis, and badminton?
