A study by Western Union shows that the UAE residents are hopeful to send more money overseas in the next 12 months.
The study; carried out along with 1,000 UAE residents and citizens shows that 76% of consumers who send money and 75% of consumers who receive money, expect to transfer and collect even more funds over the next year.
Supporting family members outside the UAE is the primary reason, with 60% citing it as the reason for international transfers.
