Financial and Banking News
REGIONAL BANKING
Another Jordanian Moneychanger Has Problems
The Ahlia (National) Exchange Company, which is owned by the Palestinian Karsou family and has offices in Jordan, Kuwait and the UAE, has been experiencing liquidity problems. In the UAE, where it is known as the Karsou Exchange Company, an estimated 400 clients have been affected, with losses reportedly amounting to about Dh5mn. The company has advertised in the press asking all claimants to...
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