How the Middle East conflict develops will determine the long-term remittance business from the Gulf states [Yahoo! Finance]
Western Union Company (The) (WU)
Last western union company (the) earnings: 2/11 04:05 pm
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Source: Yahoo! Finance
The current estimates place approximately 7.5 million Bangladeshi, nine million Indians, and around one million Pakistani employed across the region. Additionally, overseas Filipino workers (OFWs) constitute a significant presence, with nearly 80% of this demographic working across the Gulf States. GlobalData Remittance Analytics Database These workers regularly send a substantial portion of their earnings home to support their families. Based on GlobalData's Remittance Analytics Database , between 2020 and 2024, remittances from the UAE alone to these four countries totaled $43.3bn in 2024 or an increase of $11.7bn or a CAGR of 8.3% over a four-year period from $31.6bn in 2020. With the current conflict between the US, along with Israel and Iran, there has already been reports of fatalities among foreign workers, with many more left stranded and facing uncertainty regarding their wages and continued employment. In the immediate aftermath of the crisis, remittance service provid
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WU
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WU
Earnings
- 2/20/26 - Beat
WU
Sec Filings
- 3/17/26 - Form 4
- 3/17/26 - Form 3
- 3/16/26 - Form 8-K
- WU's page on the SEC website