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SAMA: Saudi banks to close for 9 days over Eid

The Saudi Arabian Monetary Agency (SAMA) has announced that banks in Saudi Arabia will remain closed for nine days from August 25 (Thursday) and will resume business operations on September 3 (Saturday) on the occasion of Eid Al-Fitr, Saudi Gazette has reported. The Saudi central bank has also called on banks to keep some branches in the border and highly populated areas operational. The Saudi stock market will close on August 27 and resume trading on September 3.