عربــى

EGX 30 10,424.10 0.83%



Remittances of Egyptians in UAE rise to AED 8.7 bln in 2018

Remittances of Egyptians in UAE rise to AED 8.7 bln in 2018

Cairo:  The remittances of Egyptian expatriates in the UAE rose to AED 8.7 billion in 2018، compared to 8.5 in 2017، said a report received by the Manpower Ministry on Wednesday.

The report، issued by the UAE Central Bank، showed that the amount of foreign workers' remittances hit AED 2.1 billion in the first quarter of 2018، versus AED 2 billion in the third quarter of the same year

The Egyptians' remittances reached AED 2.4 billion in the second quarter of 2018، the report added.

There are 400,000 living in the UAE. Most of them live in Dubai, Sharjah and the northern emirates, and only a few are based in Abu Dhabi and Al Ain.

According to statistics provided by the Egyptian embassy of Dubai, most Egyptians work in the construction field, specifically as engineers. Most Egyptian fathers aim for at least one of their children to be an engineer. Other popular jobs for Egyptians include pharmaceuticals, consulting, banking, customer service and call centres. Source: Sada Elbalad

#Related keywords

All rights reserved to Arab Finance 2015 ©

Back to top