Expatriates working in Oman sent billions of riyals home last year, said the national financial regulatory authority.
According to latest figures issued by the Central Bank of Oman (CBO), expatriates’ remittances topped OMR3.7 billion last year.
In 2016, the overall remittances sent home by expatriates working in Oman stood at OMR3.95 billion.
"Remittances made by expats to their families back home have soared from 2012 onwards, when the amount of money sent home by foreign workers in Oman hovered around OMR3.1 billion, and climbed steadily up to OMR3.5 billion in 2013, OMR3.96 billion in 2014, and peaked at OMR4.23 billion in 2015," reported Times of Oman.