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اليوم السابع
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Finance regulation denies closure rumors
The Financial Regulatory Authority has confirmed that the decision to revoke the licenses of some microfinance associations is valid until October 2025 and is unrelated to the closure of non-banking company branches. The Authority also stated that the circulating information on social media regarding the closure of a large number of non-banking finance companies is false. It emphasized that it monitors the situation and issues official decisions solely through its approved channels, urging stakeholders not to follow or be misled by rumors.
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