#remittances

Dubai-based fintech Rise eases remittances with new app

Xare allows users share access to their account and credit card with friends and family

remittances

UAE expat remittances amounted to Dhs79.6bn in H1 2020

India was the biggest recipient country of these remittances followed by the Philippines, Pakistan, Bangladesh, Egypt, and the US

Adeeb Ahamed New

LuLu Financial Holdings’ MD Adeeb Ahamed on the Covid crisis, remittances and plans ahead

UAE-based LuLu Exchange contributes to nearly 1.7 per cent of the global remittance inflows, reveals Ahamed

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

UAE Exchange starts issuing refunds – report

UAE Exchange, which operates more than 100 branches across the country, stopped all transactions in March

World Bank sees record 20% slump in remittances due to virus

The US has long been the top source for outflows, with other major countries including the United Arab Emirates, Saudi Arabia, Switzerland, Germany and Russia