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FINANCIAL NEWS
Saudi foreign remittances fall by 12 percent
02 Jun 2016
(MENAFN) Foreign remittances dropped by 8.3 percent to USD 3.17bn in April, compared to USD 3.46bn in the cited month a year eariler.
Moreover, payments among the first quarter of 2016 amounted to USD 13.19bn, a decline of 4 percent from USD 13.75bn over the same period of last year.
In addition, 8.7mn expatriates recently work in the private sector, 720,000 local workers and 72,000 in the public sector.
Saudi Arabia population was 31.52mn people at the end of 2015, growth of almost 2.4 percent from 2014.
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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