Page 143 - MOET ENGLISH PR REPORT - JULY 2025

7/30/25, 3:49 PM Minister of Economy and Tourism and Governor of Palestine Monetary Authority discuss cooperation in AML/CFT efforts

Minister of Economy and Tourism and Governor of Palestine
Monetary Authority discuss cooperation in AML/CFT efforts

H.E. Bin Touq briefs Palestinian side on UAE's leading legislative and regulatory framework to combat
money laundering

Abu Dhabi, 29 July 2025:

H.E. Abdulla bin Touq Al Marri, Minister of Economy and Tourism, met with H.E. Yahya Shunnar, Governor of the
Palestine Monetary Authority and Chairman of the National Committee for Anti-Money Laundering, to explore new
avenues for enhancing economic and development cooperation, particularly in the area of financial crime prevention
systems. The meeting was also attended by H.E. Safia Al Safi, Assistant Undersecretary for the Commercial Control
and Governance Sector at the Ministry.

During the meeting, both sides reviewed the latest global developments in combating financial crimes and discussed
the growing risks that money laundering poses to economic stability and the integrity of financial systems. H.E. Bin
Touq highlighted the UAE's pioneering efforts in this area, sharing insights into the country's continuous work to
enhance and modernize its legislative and regulatory frameworks. He emphasized that these reforms have played a
critical role in bolstering compliance with international laws and standards across the UAE's markets.

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