Latest news with #MENAFATF
Al Etihad
6 days ago
- Business
- Al Etihad
UAE participates in Eurasian Group's Plenary Meeting on Anti-Money Laundering
2 June 2025 20:34 MOSCOW (WAM) The United Arab Emirates participated in the 42nd Plenary Meeting of the Eurasian Group on Combating Money Laundering (EAG) and its accompanying forum, which was co-organised by the Eurasian Group and the Middle East and North Africa Financial Action Task Force (MENAFATF) in Moscow, joint forum on regulation and risks marked the first-ever event to bring together two regional FATF-style bodies, reflecting the growing strategic partnership and international cooperation in addressing global risks associated with money laundering and terrorist financing. The forum focused on the theme 'Risk Management in the Era of Modern Technology,' with participation from over 200 high-level representatives from anti-money laundering and counter-terrorist financing authorities, regulatory bodies, financial intelligence units, the private sector, international organisations, and UAE delegation was led by Hamid Al Zaabi, Secretary-General and Vice Chairman of the UAE's National Anti-Money Laundering and Counter-Terrorist Financing and Financing of Illegal Organisations Committee, and Vice President of MENAFATF. He also participated in the main panel discussion titled 'Future Trends – Global Challenges and Digital Threats.'The UAE delegation, also attending as an observer to the Eurasian Group, showcased the latest developments in the country's efforts to combat money laundering and terrorist financing, including national initiatives leveraging artificial intelligence and digital innovation to strengthen the UAE's capabilities in tackling financial part of the visit, the UAE Embassy in Moscow hosted a 'Youth Circle' session, where Al Zaabi delivered an awareness presentation to Emirati youth and scholarship students. The session focused on sharing knowledge about the UAE's anti-money laundering and counter-terrorist financing framework while highlighting promising career opportunities in this vital sector, which is closely tied to financial system integrity and national security. The forum provided a high-level platform for dialogue on evolving regulatory approaches, public-private partnership strategies, and regulatory responses to technological change. It also contributed to enhancing cooperation between the Eurasian Middle East and North Africa regions in combating money laundering and terrorist financing.
Bahrain News Gazette
12-05-2025
- Business
- Bahrain News Gazette
Bahrain and Syria Reaffirm Strong Bilateral Ties During Official Visit
Manama: Bahraini daily newspapers today focused on events that happened over the past 24 hours. Among the highlights, HM King received HE Syrian President to discuss relations, showing a focus on strengthening ties between the two nations. According to Bahrain News Agency, Bahrain and Syria have reaffirmed their strong bilateral ties during President Al-Sharaa's official visit. The visit included discussions aimed at enhancing cooperation in various sectors. Additionally, HH Shaikh Nasser bin Hamad bid farewell to the Syrian President, marking the end of the official visit. In related developments, HM King received a telephone call from the Saudi Crown Prince, further indicating Bahrain's ongoing diplomatic engagements in the region. Bahraini and Saudi education ministers also discussed cooperation, emphasizing regional collaboration in education. Moreover, Bahrain welcomed the US announcement of a ceasefire agreement between India and Pakistan, highlighting its support for peace initiatives. In the intern ational arena, Bahrain participated in the PUIC conference in Indonesia and had a presence at the 40th MENAFATF plenary meeting through the Financial Intelligence National Centre. The Industry Minister's congratulation to Bahrain's commercial attaché on the UNCTAD vice chair appointment reflects the country's active participation in international forums. Furthermore, Bahrain's national pavilion at the 19th Venice Architecture Biennale was inaugurated, where Bahrain notably won the Golden Lion award, showcasing its achievements in architecture.
