This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from HIBAPRESS, the Arabic version:
Heba Press
Today, Tuesday, the Foreign Exchange Office announced the official result of the “automatic settlement process for properties and assets established abroad”.
The Office specifies in a press release that at the end of this process, as of December 31, 2024, “the total amounts declared reached more than two billion dirhams; The number of declarations reached 658 declarations.
The office adds that financial assets represented 45% of declared assets worth 916.2 million dirhams, while real estate represented 43% with a value of 868.3 million dirhams, while monetary assets represented 12% of the total amount declared worth 868.3 million dirhams. 244.7 million dirhams, while the total revenue from the compensation contribution to the treasury amounted to 231.76 million dirhams.
