Financial and Banking News


Salfiti Completes Takeover of AFC

The leading Jordanian moneychanger, Halim Salfiti and Sons Exchange Company, has completed its takeover of the Arab Financial Corporation (AFC) in Jordan, according to a statement released by the company last week. The statement was issued to deny charges published by the London daily Al-Sharq al-Awsat to the effect that the Salfiti company was facing financial difficulties, and made it clear that following...