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7/29/25, 11:42 AM UAE Fines Firms Dh42m for Money Laundering Breaches
UAE Fines Firms Dh42m for Money Laundering
Breaches
Post by : Layla Badr
July 24, 2025 6 p.m. 640
The United Arab Emirates (UAE) has fined private companies more than Dh42 million
($11.4 million) in the first half of 2025 because they did not follow money laundering
rules properly. This happened as the government continues its strong fight against illegal
money activities.
What is Money Laundering and Why is It Serious?
Money laundering is when people try to hide money that they got through illegal activities.
For example, if someone earned money from selling illegal items or doing crimes, they try
to make it look like clean money by moving it through businesses and banks. This is
dangerous because it helps criminals use their illegal money without getting caught, and it
affects the safety of countries.
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How Many Companies Broke the Rules?
https://www.dxbnewsnetwork.com/uae-fines-firms-dh42m-for-money-laundering-breaches 1/4
