Central Bank demands the Ministry of Commerce to cancel 10 banking companies

The central bank on Wednesday called on the Ministry of Commerce to cancel ten companies to mediate the sale and purchase of the dollar.

The Central Bank said in a press release received "The Economist News", a copy of it, that "based on the decision of the Board of Directors of the bank decided not to promote the treatment of 10 companies to mediate the sale and purchase of foreign currencies."

He called on the Ministry of Commerce to "cancel the certificates of incorporation granted to it by the company and provide them with the liquidation of companies and the book ends liquidation procedures and write off the names of companies from the records."

He stressed that "the companies whose transactions were not promoted and to cancel the certificates of incorporation are Al-Arab Company for Mediation, Ardalan Company, Al-Balaha Company, Al-Maya Company, Branches Company, Al-Ighsan Company, Al-Radwa Company, Al-Sola Company and Al-Shiham Company."

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