Page 449 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

4/23/25, 3:57 PM Ministry of Economy inks MoUs with key national entities to boost cooperation in combating money laundering and financial crimes …

Ministry of Economy inks MoUs with key national

entities to boost cooperation in combating money

laundering and financial crimes

By PR News Desk 18/04/2025

The Ministry of Economy signed a series of MoUs with several competent national authorities in the field of
anti-money laundering and countering terrorism financing, including the Economic Security Centre of Dubai
(ESCD) and the Dubai Land Department (DLD). The agreements aim to strengthen national efforts in

developing the regulatory infrastructure, enhancing integrity and transparency systems, and improving
mechanisms to combat financial crimes in accordance with international best practices. The MoUs also
facilitate the exchange of data and information, while supporting the Ministry’s supervisory role under the

relevant national legislation.

The signing ceremony was held on the sidelines of the “Role of the Designated Non-Financial Businesses
and Professions (DNFBPs) Sector in Combating Financial Crimes” summit, which took place recently in
Dubai. It was attended by H.E. Abdulla bin Touq Al Marri, Minister of Economy; H.E. Abdulla Sultan bin Awad
Al Nuaimi, Minister of Justice; and H.E. Ahmed Al Sayegh, Minister of State. The MoUs were signed by H.E.

Abdulla Ahmed Al Saleh, Undersecretary of the Ministry of Economy; H.E. Safeya Hashem Al Safi, Assistant
Undersecretary for the Commercial Control and Governance Sector; H.E. Faisal Yousef bin Selaitin, CEO of

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