Gulf Times - remittances
MoneyGram, LuLu Money deal eyes lead in digital transactions, remittances

MoneyGram, LuLu Money deal eyes lead in digital transactions, remittances

The Nasdaq-listed MoneyGram International, a global leader in cross-border P2P payments and money transfers, has entered into a strategic partnership with LuLu Money, a non-banking finance entity ...

Remittances from GCC set to see upsurge in 2018 on higher oil prices: World Bank

Remittances from GCC set to see upsurge in 2018 on higher oil prices: World Bank

Remittances from the Gulf Cooperation Council region are expected to see an upsurge this year on the back of an increase in oil prices that should have a positive impact on the energy-rich Gulf countries ...

India's City Union Bank 'hacked via SWIFT system'

India's City Union Bank 'hacked via SWIFT system'

City Union Bank said it had discovered three "fraudulent remittances", which were sent via correspondent banks to accounts in Dubai, Turkey and China.

Sri Lanka suffers sharpest monthly drop in remittances

Sri Lanka suffers sharpest monthly drop in remittances

Remittances declined by a record 10% to $556.6mn, compared with $618.3mn in August last year, the central bank said in a report.

Exchange houses record spike in remittances

Exchange houses record spike in remittances

Exchange houses in Doha recorded on Monday a spike in outward remittances, and they are expecting “high transaction activities” to continue this week, according to industry sources.

Strong dollar to increase remittances from Qatar

Strong dollar to increase remittances from Qatar

Exchange houses in Qatar are expecting a surge in remittances in view of the expected appreciation in the value of the US dollar, industry sources have said.

India's demonetisation drive drags down Nepal's economy

India's demonetisation drive drags down Nepal's economy

India's scrapping of high-value bank notes last month has dragged down economic growth in neighbouring Nepal with trade, remittances and tourist numbers all down, BMI Research said on Wednesday.

Remittances rose during Eid al-Adha

Remittances rose during Eid al-Adha

Xpress Money recorded a 15% spike in remittances from Qatar during Eid al-Adha, an official said.

Remittances from Qatar rise marginally

Remittances from Qatar rise marginally

Workers' remittances from Qatar witnessed a marginal increase of more than 1% year-on-year to QR10.98bn during the first quarter of this year, despite slowdown in the economy, according to official figures.

Expat remittances from Qatar surged to $10.4bn in 2015

Expat remittances from Qatar surged to $10.4bn in 2015

Qatar accounted for more than $10.4bn in remittances to countries across the globe in 2015, with South Asian countries receiving 70% of remittances from the country, Xpress Money said.

Remittances from Qatar, Saudi rise 7% in 2015: WB agency

Remittances from Qatar, Saudi rise 7% in 2015: WB agency

Remittances from Saudi Arabia and Qatar, which account for around half of remittances from the Gulf Co-operation Countries (GCC)...

Remittances from Qatar, Saudi Arabia rise 7%

Remittances from Qatar, Saudi Arabia rise 7%

Remittances from Saudi Arabia and Qatar, which account for around half of remittances from the Gulf Cooperation Countries, increased by 7% ...