Banking & Finance
Consider Expired IDs As Valid For Transactions, Banks Told

Central Bank of The UAE has sent out instructions to all banks in the country to take into consideration expatriate’s visas and Emirates IDs with expiry dates between March 1 and December 31, 2021, as valid proof for bank transactions.
According to Khaleej Times, the decision will also cover all residents who are either inside or outside the country.
The banks have also received instructions that entry permits issued to ex-pats in the UAE from March 1 – December 31, 2020, should be considered as valid.
Last week, the UAE government had announced that all visas, entry permits and Emirates IDs that expired after March 1, 2020, would remain valid until the end of 2020.
Both decisions have been taken to ensure all relief initiatives are available to expatriates living in the UAE and affected by the Coronavirus (Covid-19) outbreak, which has sent the country into lockdown mode with restriction of movement in efforts to curb the spread.
Earlier yesterday, the government announced a full recovery of 74 coronavirus patients after receiving the necessary healthcare, bringing the total number of recoveries to 1,360.
As many as 25,795 additional tests were conducted across various emirates, which led to the identification of 484 new cases among various nationalities, bringing the total number of cases in the country to 7,265.
-
Automotive2 months ago
South Korea Plans to Support Auto Sector with US$2B Following US Tariffs
-
News2 months ago
Aligning HR Strategies with Oman Vision 2040: A Roadmap for Organisational Growth – OER Business Summit 2025
-
OER Magazines1 month ago
OER, April 25
-
News2 months ago
Oman Oil Prices Witness Drop Amid Shifting Global Trade Dynamics
-
Alamaliktistaad Magazines1 month ago
Al-Iktisaad, April 25
-
Renewables3 weeks ago
Jindal Renewables and OQ Alternative Energy Sign Joint Development Agreement to Advance Integrated Renewable Power Projects in Oman
-
Banking & Finance2 months ago
Sohar International Bank SAOG Announces Intention to Merge with Ahli Bank SAOG
-
Banking & Finance2 months ago
Bank Nizwa Signs MoU with Ministry of Endowments and Religious Affairs to Enhance Endowment Management & Islamic Finance Frameworks