Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Remittances From Saudi Arabia up 17% to SR133bn  Join our daily free Newsletter

MENAFN - Qatar News Agency - 30/12/2013

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - Qatar News Agency) Expatriate remittances from Saudi Arabia rose by 17 percent to SR133.3 billion in the first 11 months of 2013 compared to SR113.9 billion for the same period last year.

Likewise, Saudi remittances to foreign countries rose by 10 percent to SR69.6 billion in November 2013 compared to SR63.3 billion in November 2012, Al-Eqtisadiah newspaper reported

Personal remittances by Saudis and foreigners were up by 14 percent to reach SR202.9 billion in the last 11 months

Personal money transfers of non-Saudis comprised 75 percent of the overall personal remittances

According to the report, personal remittances, which fall within local banks' sales of hard currencies, are meant to cover some 15 items such as imports, personal transfers, travel expenses abroad, investments in foreign countries and sales to government agencies.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help