Expats in the UAE sent more than AED 38.4 billion back home during the first three months of this year.
According to figures released by the country's Central Bank, India was the top-receiving country making up over 35 per cent of the total remittances during the first quarter.
Beneficiaries in Pakistan, the Philippines and Egypt came next.
A total of AED 25 billion was transferred through money exchange companies and the rest through banks operating in the country.
UAE Central Bank sanctions Bank Melli Iran over compliance breaches
The Central Bank of the UAE has imposed strict enforcement measures on the UAE branches of Bank Melli Iran following violations of regulatory requirements, including legislation related to anti-money laundering and combating the financing of terrorism and proliferation financing.
India-New Zealand free trade pact to come into force on October 20
A free trade agreement between India and New Zealand, signed in April, will come into force on October 20, Indian trade minister Piyush Goyal said on Monday, as New Delhi seeks to boost exports and attract investment amid shifts in global trade.
Parkin implements smart parking system at Dubai Health facilities
Parkin has partnered with Dubai Health to implement a smart parking management system across its facilities, with the first phase launched at Rashid Hospital on Monday.
US and China begin talks ahead of Trump-Xi summit
Senior US and Chinese officials began talks in New York on Sunday aimed at preparing potential agreements ahead of a summit between President Donald Trump and Chinese President Xi Jinping this week.
Mohammed bin Rashid Leadership Forum to bring 1,000 leaders to Dubai
The Mohammed bin Rashid Leadership Forum will bring together 1,000 government and private-sector leaders at Dubai World Trade Centre on Wednesday.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, continued to receive condolences at Zabeel Majlis on Wednesday following the passing of Sheikh Ahmed bin Rashid Al Maktoum.
The UAE has welcomed a United States statement supporting efforts to achieve peace in Sudan, including a call for an immediate and unconditional humanitarian truce and a commitment to a comprehensive political dialogue leading to civilian rule.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, along with other Rulers, offered their condolences to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on the passing of Sheikh Ahmed bin Rashid Al Maktoum.
