Regulatory Alerts2025-01-01
Circular No. 109/2025: Prophet's Birthday Anniversary
The Palestine Monetary Authority issued Circular No. 109/2025 to designate Thursday, September 4, 2025, as an official public holiday in observance of the Prophet's Birthday Anniversary. This directive is issued pursuant to Article 73 of Banking Law No. 9 of 2010 and a decision by the Council of Ministers. The circular also conveys greetings to banking sector employees and expresses hope for the establishment of an independent Palestinian state with Jerusalem as its capital.
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