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Lebanese banks denied a media report that Saudi Arabia has halted the transfer of funds from the kingdom. The bankers were responding to a news media report which claimed that Saudi Arabia is making it more difficult if not impossible for any person or group residing in the kingdom to wire money to Lebanon.There are over 500,000 Lebanese working in the GCC and many of them are based in Saudi Arabia.One banker told The Daily Star that Saudi Arabia has no interest in punishing Lebanon.
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