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Saudi remittances second highest
- Saudi Arabia: Thursday, March 01 - 2007 at 09:24
Saudi workers send around $14bn by way remittances out of the country every year, with around 70% going to South Asia, a Western Union official told Gulf News. Saudi is the second biggest market for remittances in the world behind the US. The global market is worth around $269bn and is growing at an annual rate of 8%.
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James McInerney, News EditorThursday, March 01 - 2007 at 09:24 UAE local time (GMT+4)
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This article was updated on Sun Apr 22 2007.
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