Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 809 Mon. September 04, 2006  
   
Business


NRBs in UAE remit $512.6m in FY06


Remittances sent to Bangladesh from expatriate workers in the United Arab Emirates (UAE) rose by 15.9 percent in the last financial year, reaching a total of US$512.6 million, according to figures released by the Bangladesh Bank and cited by Gulf News.

The statistics reveal on average, each of the 400,000 non-resident Bangladeshis (NRBs) in the UAE sent around $1,280 per annum back home. Bangladeshis make up about 10 percent of the UAE's 4.1 million population.