RIYADH: Expatriate remittances from Saudi Arabia hit a five-year low. The Saudi Central Bank (SAMA) stated in a report released the other day that the lowest amount of remittances in five years was recorded in February this year.
Expatriate remittances...
The UAE's latest news includes a bailout and updates on Iran's financial situation. The news is part of the current events in the UAE and the Gulf region.
Iran has joined the USA, Israel, Saudi Arabia, UAE, and Pakistan amid escalating Middle East tensions. The Strait of Hormuz crisis is disrupting global travel and shipping routes.
The UAE has reportedly asked the US about a potential wartime financial lifeline. This development may have significant implications for the UAE's financial sector.
