{"id":68455,"date":"2024-11-22T23:55:11","date_gmt":"2024-11-22T21:55:11","guid":{"rendered":"https:\/\/gulftech-news.com\/en\/?p=68455"},"modified":"2024-11-23T00:03:15","modified_gmt":"2024-11-22T22:03:15","slug":"cbuae-suspends-the-currency-exchange-system-of-al-razouki-exchange-and-closes-two-of-its-branches","status":"publish","type":"post","link":"https:\/\/gulftech-news.com\/en\/2024\/11\/22\/cbuae-suspends-the-currency-exchange-system-of-al-razouki-exchange-and-closes-two-of-its-branches\/","title":{"rendered":"CBUAE suspends the currency exchange system of Al Razouki Exchange and closes two of its Branches"},"content":{"rendered":"\n<p><strong>Abu Dhabi <\/strong>:<strong> Gulf Tech News<\/strong><\/p>\n\n\n\n<p>The<a href=\"https:\/\/x.com\/centralbankuae?s=21&amp;t=DhmBrU6evpNRfVlHN_tQ7w%3D\"> <strong>Central Bank of the UAE (CBUAE)<\/strong> <\/a>has suspended the currency exchange system of Al Razouki Exchange, an Exchange House operating in the UAE, for a period of three years and has closed its Branches in Deira and Al Murar.<\/p>\n\n\n\n<p>These administrative measures were taken pursuant to Article 14 of the AML\/CFT Law.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.linkedin.com\/company\/central-bank-of-the-uae\/\">The CBUAE<\/a><\/strong>, through its supervisory and regulatory mandates, works to ensure that all exchange houses, their owners and staff abide by the UAE laws, regulations and standards adopted by the <strong>CBUAE <\/strong>to safeguard the transparency and integrity of the exchange houses\u2019 business and the UAE financial system.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abu Dhabi : Gulf Tech News The Central Bank of the UAE (CBUAE) has suspended the currency exchange system of Al Razouki Exchange, an Exchange House operating in the UAE, for a period of three years and has closed its Branches in Deira and Al Murar. These administrative measures were taken pursuant to Article 14 &hellip;<\/p>\n","protected":false},"author":1,"featured_media":68456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[622],"tags":[986,987,945,946],"class_list":["post-68455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-al-razouki-exchange","tag-cbuae","tag-gulf-tech-news","tag-technology-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CBUAE suspends the currency exchange system of Al Razouki Exchange and closes two of its Branches - Gulf Tech News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gulftech-news.com\/en\/2024\/11\/22\/cbuae-suspends-the-currency-exchange-system-of-al-razouki-exchange-and-closes-two-of-its-branches\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBUAE suspends the currency exchange system of Al Razouki Exchange and closes two of its Branches - Gulf Tech News\" \/>\n<meta property=\"og:description\" content=\"Abu Dhabi : Gulf Tech News The Central Bank of the UAE (CBUAE) has suspended the currency exchange system of Al Razouki Exchange, an Exchange House operating in the UAE, for a period of three years and has closed its Branches in Deira and Al Murar. 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