UAE Remittances Cross USD 1 Billion

The Consulate General of Pakistan, Dubai, in collaboration with the National Bank of Pakistan (NBP) UAE, commemorated the International Day of Family Remittances at a special ceremony held at the Consulate.

According to an official information today, the event also marked a significant milestone, as remittances from the UAE to Pakistan exceeded USD 1 billion in May 2026, underscoring the contribution of overseas Pakistanis to the national economy and development.

Addressing the gathering, Hussain Muhammad, Consul General, congratulated the Pakistani community in the UAE on this remarkable achievement and commended their continued trust in formal remittance channels. He stated that remittances were far more than financial transfers, adding that they provided essential support to millions of families in Pakistan while contributing significantly to the country’s economic stability and growth.

The Consul General highlighted the Consulate’s continued support for outreach efforts undertaken by the NBP in coordination with financial institutions, exchange houses, business councils, and community organizations to encourage the use of legal and formal remittance channels.

Representing NBP UAE, Rashid-ul-Islam and Mr. Asad Malik thanked the Consul General for the continued support of the Consulate General of Pakistan, Dubai, and appreciated the Pakistani community in the UAE for its confidence in formal banking and remittance systems. On the occasion, the Consul General presented appreciation certificates to Rashid-ul-Islam and Asad Malik in recognition of their efforts to promote formal remittance channels.

The ceremony was attended by Muhammad Shabbir Merchant, Chairman of the Pakistan Business Council Dubai; Saleem Akhtar, Vice President of the Pakistan Business Council Sharjah; Khalid Hussain Chaudhry, President of the Pakistan Social Centre Sharjah; Majid Rafiq, Country Manager of Pakistan International Airlines (PIA), UAE; Mohammad Shoaib, Managing Director of Cake and Bakes; and other prominent members of the Pakistani community. Officers of the Consulate General of Pakistan, Dubai, were also present on the occasion. The event concluded with a cake-cutting ceremony.