Discussing aspects of cooperation between the Ministry of Transport and CAC Bank

The Minister of Transport, Abdulwahab Yahya Al-Durra, discussed with the Chairman of the Board of Directors of CAC Bank Ibrahim Al-Houthi, aspects of joint cooperation in the fields of investment and electronic banking services through the “Mobile Money” wallet.

The meeting, in the presence of the Undersecretary of the Civil Aviation Authority and Meteorology, Raed Jabal, reviewed the possibility of cooperation in the investment fields and banking services provided by the Bank.

The Minister of Transport pointed to the importance of promising development and investment projects in the fields of transportation, pointing to the importance of activating electronic financial and banking services, which CAC Bank provides to all sectors of the state, the most important of which is the electronic money wallet “Mobile Money”, which serves the national economy and preserves the currency. National.

In turn, the Chairman of the Board of Directors of the Credit Bank reviewed the investment fields of economic importance that the bank is implementing, as well as the bank’s experience in the project of linking and electronic payment with many government institutions and the collection of government fees through “Mobile Money”.

He pointed out the advantages and facilities offered by this service to all institutions and merchants in making payments, collecting government fees, and other services.