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7/30/25, 3:50 PM Minister of Economy and Tourism and Governor of Palestine Monetary Authority discuss cooperation in AML/CFT efforts - Middle E…
Minister of Economy and Tourism and Governor
of Palestine Monetary Authority discuss
cooperation in AML/CFT efforts
July 29, 2025
H.E. Bin Touq briefs Palestinian side on UAE’s leading legislative and regulatory framework to
combat money laundering
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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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