Ready to play
Ready to play
The value of Filipino workers' remittances from Gulf countries during the first seven months of 2026 reached approximately $3.51 billion, representing a 3.18% year-over-year increase compared to the same period last year. Data showed that the UAE recorded a growth of 3.67% during this period, with the largest remittances coming from Saudi Arabia, totaling $1.28 billion. Remittances by Filipino workers from Gulf countries accounted for about 96.69% of the total remittances from the Middle East, while the total remittances from all around the world amounted to $20.39 billion, with 17.21% originating from Gulf countries. These remittances are vital for the Philippines, as it is one of the world's largest sources of overseas labor, with a significant flow of Asian workers, especially from the Gulf.
Notice: This Is an AI-Generated Summary
Comments (0)