Pres. establishes new SOE, National Exchange Limited

2 days ago

President Dr. Mohamed Muizzu, on Thursday, has established a new state-owned enterprise, National Exchange Limited. The company was officially established under Presidential Decree No. 16/2026, in accordance with the powers granted to the President under Section 15 of the Companies Act (Act No. 7/2023). According to the President’s Office, National Exchange Limited is a wholly state-owned enterprise established to facilitate the development