Remittances jump 29% YoY in Sept on exchange rate stability

Remittances jump 29% YoY in Sept on exchange rate stability

Remittances sent home by overseas workers to Pakistan increased by 29% year-on-year in September, reaching $2.849 billion. This was attributed to exchange rate stability and an increase in the number of workers relocating abroad. The highest remittances came from Pakistanis in Saudi Arabia, followed by the UAE and the UK. Despite a slight drop in…

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Oman sees a 9.3 percent jump in hotel guests

Oman sees a 9.3 percent jump in hotel guests

The revenues of 3-5 star hotels in Oman increased by 7.9% in July 2024 compared to the previous year, reaching 132,306,000. This growth is mainly due to a 9.3% increase in the total number of hotel guests, which reached 1,204,426. Omani guests increased by 7.7%, while guests from other Arab countries, Europe, the Americas, and…

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