#Central Bank of the UAE

Etisalat

Etisalat Group reports Dhs4.6bn consolidated net profit for H1 2020, up 3% y-on-y

However, consolidated revenues of the UAE’s biggest telecom operator decreased 1 per cent to Dhs25.6bn

Outward personal remittances from the UAE in Q1 2020 increased 7.8% y-on-y

The top five destination countries for remittances were India, Pakistan, Philippines, Egypt and the US