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Asharq Al-Awsat

Business

Riyadh - Bandar Al-Mosalam

Saudi Arabia Expands Licensing of Foreign Currencies Trade

SAMA Saudi Arabia central bank Saudi Central Bank Kingdom

General view Riyadh, Saudi Arabia /AFP

The Saudi Central Bank (SAMA) announced on Wednesday the licensing of the Al Tabdeel Co. to provide services for buying and selling foreign currencies, and trading them inside the Kingdom.

The company is a merger between Al Natheer and Al Omari Exchange Corporations.

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