FINANCIAL NEWS

Remittances from Qatar grow by up 40 percent

09 Jul 2016

(MENAFN) Remirrances from Qatar climbed by more than 40 percent compared to the previous month.

On the other hand, exchange houses saw a large number of expatriates lining up to send money to their families back home.

Accordingly, almost 35-40 percent increased in payments, and 15-20 percent growth in remittances during Ramdan.

Moreover, remittances rise during Ramdan as most Asian expatraites send money to their families to meet expenses during the Holy Month and for Eid.

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