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Expats’ remittances from KSA jump 17%

Remittances by expatriates in Saudi Arabia rose 17% to SR133.3bn in the first 11 months of 2013, compared with SR113.9bn for the same period last year, Arab News has reported. Personal remittances by Saudis and foreigners climbed 14% to reach SR202.9bn in the last 11 months. Personal money transfers of non-Saudis comprised 75% of the overall personal remittances, the report said.