Regulatory Alerts2025-01-01
Circular No. 41/2025 - Al-Khalil Governorate Electricity Company
The Palestine Monetary Authority issued Circular No. 41/2025 to all banks operating in Palestine regarding the Al-Khalil Governorate Electricity Company. The circular instructs banks to stop accepting signatures from Nasri Muhammad Ziyad Ahmad Abu Rajab Tamimi as an authorized signatory for the company's bank accounts. This directive follows a formal request from the Companies Registrar at the Ministry of National Economy to halt his signing authority.
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