Page 450 - 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 …
the Economic Security Center of Dubai; and H.E. Majid Saqr Al Marri, CEO of the Real Estate Registration
Sector at the Dubai Land Department, along with other government officials.

The initiative is part of continuing efforts to strengthen institutional integration and partnerships to improve
monitoring and compliance systems and facilitate the exchange of data among signatories, in support of their

shared objectives to counter financial crimes in the UAE.

The MoUs establish clearly defined frameworks for technical cooperation, capacity building, and knowledge
exchange, as well as secure data sharing mechanisms that ensure confidentiality and compliance with
relevant legal and regulatory frameworks.

Representatives of the signatory entities affirmed the importance of enhancing national efforts to address the
challenges of money laundering, terrorism financing, and the proliferation of weapons, through a sustainable

and institutional approach. They emphasized that such efforts support the UAE’s readiness for the upcoming
mutual evaluation, help ensure high levels of legislative and regulatory compliance and improve efficiencies
in addressing cross-border financial crimes. These measures also contribute to achieving sustainable

economic growth and improving the country’s ranking in global competitiveness indices. The representatives
reiterated their full commitment to supporting initiatives that protect the national economy and strengthen
financial security.

Last Updated on 1 day by PR News Desk

https://menews247.com/ministry-of-economy-inks-mous-with-key-national-entities-to-boost-cooperation-in-combating-money-laundering-and-financial-… 2/2