UAE TIGHTENS GRIP ON CRYPTO WITH NEW AML RULES

UAE TIGHTENS GRIP ON CRYPTO WITH NEW AML RULES

The United Arab Emirates has introduced updated Anti-Money Laundering (AML) and sanctions rules that specifically address digital assets. This development, spearheaded by the Financial Services Regulatory Authority (FSRA), marks a pivotal moment in the UAE’s approach to managing the evolving landscape of digital finance. With these revisions, the UAE aims to enhance its vigilance against financial crimes in the crypto sphere, aligning with global standards and reinforcing its position as a leading financial hub.

Ruler of Umm Al Qaiwain checks on condition of Emirati nationals injured in Prague shooting

Ruler of Umm Al Qaiwain checks on condition of Emirati nationals injured in Prague shooting

H.H. Sheikh Saud bin Rashid Al Mu'alla, Supreme Council Member and Ruler of Umm Al Qaiwain, made a phone call to Ahmed Ibrahim Obaid Ali Al Ali, Director-General of Umm Al Quwain Municipality, to check on his condition and the condition of his wife Rowdah Al Mehrizi, who were both injured in a shooting incident in the Czech capital, Prague.

Sheikh Zayed Festival announces programme to celebrate New Year 2024

Sheikh Zayed Festival announces programme to celebrate New Year 2024

The Higher Organising Committee of the Sheikh Zayed Festival, currently taking place at Abu Dhabi’s Al Wathba showgrounds, has announced its fun New Year’s special programme, including events, shows, folkloric performances and international art shows arranged to celebrate the season and New Year’s Eve, in a cultural and entertaining setting that will attract millions of visitors, residents and tourists from around the world.

Sharjah Finance Department signs MoU with FTA

Sharjah Finance Department signs MoU with FTA

The Sharjah Finance Department signed a memorandum of understanding (MoU) with the Federal Tax Authority (FTA) regarding the disclosure of information in the possession of the authority or its employees, determining the cases, in which it is permitted to disclose information and the associated procedures for monitoring, security, subsequent disclosure, and accuracy of information.