Kuwait bans unlicensed currency exchange as illegal operators risk jail, KD3,000 fine | World News

Kuwait cracks down on hawala-style money exchange / Image: File Kuwait’s Cabinet has approved a draft decree-law that criminalises unlicensed currency exchange activity and tightens penalties to curb informal trading and hawala-style operations. The move targets anyone who buys, sells, exchanges or transfers local or foreign currency for the public without a valid licence, whether […]

Read More

Saudi Arabia enforces strict ban on unlicensed passenger under new transport law | World News

The TGA fines unlicensed passenger transport up to SAR 20,000 with vehicle impoundment and deportation/Representative Image Saudi Arabia’s Transport General Authority (TGA) has announced firm enforcement of a new Road Transport Law that bans unlicensed passenger transport in all forms, including informal ride solicitation or hailing. The law introduces significant penalties aimed at deterring illegal […]

Read More