cash transactions
Gaza's Cash Crisis: Palestinians Face Empty Banks Despite Ceasefire and Reopened Financial Institutions
Oct 31, 2025 04:00 pm CST
Despite the recent ceasefire in Gaza and the reopening of banks, Palestinians are struggling with a severe cash shortage as Israel continues blocking banknote transfers. Residents face exorbitant fees from merchants offering to cash electronic salaries, with rates reaching 40%. The financial crisis compounds existing hardships for a population already devastated by two years of conflict, loss of homes, and depleted savings.
Probe Agency Files Prosecution Complaint In Sahara Group Money Laundering Case
Sep 16, 2025 01:48 am CST
The Enforcement Directorate filed a prosecution complaint earleir this month under Section 44 of the Prevention of Money Laundering Act in connection with the Sahara Group case.