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المملكة: Traffic Regulations.. Cancellation of the requirement for a bank guarantee to open a vehicle sales activity – Urgent

Announced , an amendment to the executive regulations of the traffic system, included the deletion of paragraph (4/1/21) from the regulations related to the presence of a bank guarantee as one of the conditions for opening a selling activity (Agencies, exhibitions, halls, auctions).

The amendment aims to support vehicle selling activity in And stimulate investment in it to ensure expansion in providing high-quality services.

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