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UAE imposes AED 42 million in fines over money

laundering in H1

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Thursday, 24 July 2025 12:42

By ARN News Staff

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The UAE has imposed more than AED 42 million in fines on private sector firms across 1,063
cases of money laundering in the first half of 2025, the Ministry of Economy and Tourism said
on Thursday.

In a crackdown on money laundering, the Ministry said that these violations cover four sectors
under its supervision within the designated non-financial business and professions sectors.
A total of 473 violations were detected by several establishments in precious metals and
gemstones trading sector, with fines worth AED 20 million imposed.

Establishments in the real estate brokerage sector received 495 violations, with a value of
approximately AED 18.5 million, while the corporate service providers and auditors sectors
recorded 95 violations, with a value exceeding AED 4 million.

Her Excellency Safia Hashim Al Safi, Assistant Undersecretary for Commercial Control and
Governance at the Ministry, emphasized that these results reflect the progress made by the Ministry
in developing its regulatory system, which is based on an advanced methodology aimed at ensuring

https://www.dubai92.com/news/business/uae-imposes-aed-42m-in-fines-over-money-
laundering-in-h1/