Expats in the UAE sent home more than AED 80 billion during the first half of this year.
According to the Central Bank, around 40 per cent of this amount (AED 33 billion) was transferred through money exchange companies and the rest from banks.
India was the top receiving country, accounting for 37.2 per cent of the total remittances.
The other major beneficiaries were Pakistan (10.5 per cent), the Philippines (7.2 per cent) and Egypt (6.3 per cent).
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Apple to launch next iPhone on September 9 in first major event under new CEO
Apple is set to host its next launch event on September 9, where the company is expected to unveil its newest iPhone series and potentially its long-awaited foldable phone.
Dubai continues to lead global cities in cultural and creative FDI
Dubai has ranked first globally for the number of Greenfield foreign direct investment (FDI) projects in the cultural and creative industries for the fourth consecutive year.
Volkswagen CEO faces angry workers in push for radical cuts
More than 10,000 Volkswagen workers gathered at the carmaker's headquarters on Tuesday, some booing CEO Oliver Blume as he urged staff to "pull together" behind a restructuring that could cut up to 50,000 jobs, sources at the meeting said.
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