Demand for foreign workers high in MidEast
Despite regional political turmoil and the continuing global economic slowdown, demand for foreign workers remains high in the Gulf region, according to a study sponsored by Western Union (NYSE:WU), a leader in money transfer and global payment services. "Despite the political uprisings and civil unrest in some parts of the Middle East and North Africa, the region is still witnessing moderate growth, and in the Gulf countries there is an even stronger imperative to sustain economic growth and meet social needs. We expect opportunities for international workers to remain strong and with that remittance flows from host to home countries," said Jean-Claude Farah, Western Union's Senior Vice President for the Middle East and Africa. "The Asia Pacific region has been a significant source of labour for Gulf countries -- led by India, Philippines, Bangladesh, Indonesia, Sri Lanka, Malaysia, Thailand and Nepal. This study should instill greater confidence for global worke