24 Hrs
Source:
المصدر
Housing starts digital wallet activation for FDI firms
The Ministry of Housing, Utilities, and Urban Communities has begun activating the electronic wallet system for registered companies on the Foreign Investment Portal as of September 17, 2026. This initiative aims to improve the management of financial transfers and facilitate the approval processes for fund allocations. Each company will be assigned a unique code for its electronic wallet, which will be used to receive SWIFT system transfers. A deadline has been set for topping up the wallets by October 31, 2026. The wallet balances will be used for real estate offerings starting November 2026. Companies are required to transfer funds using their designated codes to avoid delays or complications.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)