Gulf population falls 4% amid pandemic-fuelled expat exodus, says S&P

Published in Arabian Business Industries, 15th February, 2021 S&P Global Ratings on Monday said that Gulf Cooperation Council (GCC) countries are experiencing an accelerating shift in the labour market from an exodus of expatriates during the coronavirus pandemic. The ratings agency said this could weigh on the region’s growth and complicate economic diversification over the long run. […]



Remittances exceed $2 billion for eighth straight month

Published in Dawn, February 15, 2021 Remittances from Pakistani workers employed abroad exceeded $2 billion for the eighth straight month in January at $2.3 billion, up 19 per cent from a year earlier, the country’s central bank said on Monday. Sharing the figures on Twitter, Prime Minister Imran Khan thanked overseas Pakistanis. “This is a record for our country,[…]



Economic fallout: Travel bans, lockdowns shrink job opportunities for expats

By Waqas Ahmed Published in The Express Tribune on February 01, 2021 ISLAMABAD: The pandemic-induced travel bans and lockdowns have direly reduced job opportunities for overseas Pakistanis. Due to the prevalent situation, only 224,000 Pakistanis got employment opportunities abroad in 2020 — a significant reduction from the pre-Covid times. According to an official document received by The[…]