International Remittance Industry in Qatar Outlook to 2025 Buy Now Remittance is denoted as sending of money by foreign migrant cross border to another person via electronic payments, drafts, and check. In addition, majority of remittance services providers are aiming on digital remittance to develop their business and convey customer with easier and faster transferring services. Frequent benefits of utilizing the digital channels… Read More »
Qatar World Bank International Remittance Report | Weekly Funding Limit Remittance Industry in Qatar | Commission rate Banking Partners Qatar: Ken Research Why is it important for exchange houses in Qatar to re-assess their current business positioning Exchange houses in Qatar dominate the international remittance industry by facilitating more than 1 million transactions on a monthly basis. As of June 2021, there were 20 exchange houses operating with a total of 141 branches located in different provinces… Read More »
International Remittance Industry in Qatar | Market share of Exchange Houses | Qatar Central Bank AML Guidelines | Future Outlook Remittance Qatar: Ken Research Qatar – 88% of Population are Expatriates Qatar is home 2.8 Million population with more than 88% of population comprising of expats with India, Nepal, Philippines, Bangladesh, Sri Lanka, Egypt and others being key source countries. In 2019, outward remittances were recorded at 6.5% of total GDP of country with India being the prominent corridor… Read More »
Decoding the landscape of International remittance Industry in Qatar: Ken Research Qatar is home 2.8 Million population with more than 88% of population being expatriates from India, Nepal, Philippines, Bangladesh, Sri Lanka, Egypt and other countries. With an unemployment rate of less than 1%, expat population is employed majorly in construction, manufacturing, wholesale and retail trade and other industries. A poll opinion conducted by Ken Research… Read More »
International Remittance Industry in Qatar: Outlook to 2025 The publication titled ‘International Remittance Industry in Qatar’ covers the overview of industry by analyzing historical remittance statistics and corresponding change in social-demographic indicators in Qatar. With ~88% of expat population, the value of outbound remittance transactions were recorded at QAR XX Bn in 2020, down from QAR XX Bn in 2019 due to COVID-19… Read More »