Remittances from Egyptians in the UAE account for 4% of total remittance outflows -UAE central bank

Remittance outflows from all expatriates in the UAE rose 8% year-on-year in 2016 to AED 161 bn, the UAE’s central bank said, according Al Borsa. Egyptians accounted for 4% of total remittance outflows from the Emirates throughout the year, the central bank said.