Gulf Times, 26 July 2022: Qatar’s Central Bank has announced limits have been imposed on cash transactions.

The decision has been made in line with Qatar Cabinet Decision No. 10/2022, banning the use of cash in transactions exceeding 50,000 Riyals in value.

The Decision applies to the sale, purchase and rental of all properties or modifications. It also applies to all kinds of vehicles and their unique numbers, maritime transportation, all precious metals, gemstones and jewellery, single camels, horses, livestock and falcons, or flocks.

Also reported in Al-Sharq on 26 July 2022. For the full story, click here.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.