Remittances and tourism income up in Jordan
Expatriates’ remittances [to Jordan] went up during the first quarter of this year by 4.1 per cent compared to the same period in 2012, reaching $836 million.
According to the Central Bank of Jordan figures, tourism revenues also went up by 1.7 per cent during the first quarter of 2013 compared to last year, standing at around $777 million.
The expatriates’ remittances recorded a 4 per cent increase in March, compared to the same month of last year, reaching $307.5 million.
- Twist of fate: Middle East fund managers shy away from Turkey, warm up to Egypt
- 'Let them eat cake'...or in the case of Egyptians, shall we say 'pasta'?
- In flux: What's up with Dubai's stock market?!
- GCC banks could face capital and liquidity shortfall
- It's time for an interest rate war in emerging markets, and here's why Middle Eastern economies should take part
- Jordan revels in tourism upswing of 10.5% by end of April
- Jordan's public debt is how much?! Breaking down the Kingdom's ever-growing financial crisis
- From high to slightly higher: more Jordanians are unemployed
- Emirati bank unveils a whopping 101% profit jump in first quarter
- ABBK posted 86 percent net income increase in 1Q 2002