VOL. XLV

No 32

12-August-2002

SAUDI ARABIA

Transfers By Expatriates In Saudi Arabia Total $85Bn In 1996-2001

Over the period 1996-2001, outwardtransfers by expatriates in Saudi Arabia totaled SR318.584bn ($84.96bn), accordingto figures released by the Saudi Arabian Monetary Agency (SAMA) which werepublished in the Saudi daily al-Watan of 29 July. In 2001 transfers totaled SR54.169bn($14.4bn) SR14.868bn ($3.96bn) for personal transfers and SR39.301bn($10.5bn) for travel purposes. The total...