Government advisor: 95 trillion dinars are stored outside the banking system.

April 5, 2025 Baghdad/Al-Masala: The Prime Minister's advisor, Mazhar Mohammed Salih, confirmed today, Saturday, that the large number of... The article "Government Advisor: 95 Trillion Dinars Are Kept Outside the Banking System" appeared first on Al-Masala.

Kuwait money reforms force exchange shops to close doors

New rules to tackle money laundering Closer scrutiny of exchange shops Permanent bans for non-compliance Tougher anti-money laundering rules in Kuwait have forced more than 100 exchange companies to close, according to local reports. The Central Bank of Kuwait’s new rules, which took effect on April 1, include closer scrutiny and an increase in minimum capital to KWD2 million ($6.6 million). On Tuesday Khalifa Al Ajeel, Kuwait’s commerce and ind…