UAE, US to boost money-laundering, terrorism cooperation


UAE officials have discussed increased cooperation with the US in countering money laundering and the financing of terrorism, on a visit to Washington DC.

The delegation met with officials from the US Department of the Treasury, including representatives from the Office of Terrorist Financing and Financial Crimes (TFFC), the Financial Crimes Enforcement Network (FinCEN), and the Office of Foreign Assets Control (OFAC).

The group highlighted developments by the UAE to combat money laundering and terrorist financing, as well as the country’s efforts to enhance collaboration with international partners.

During the visit, members of the UAE delegation also discussed other strategic initiatives, including financing the proliferation of weapons of mass destruction, and illegal wildlife trafficking.

Hamid Al Zaabi, Director-General of the Executive Office to Combat Money Laundering and Terrorist Financing, said, "The United States of America is one of the UAE's main strategic partners in combating money laundering, terrorist financing, and proliferation financing. This field, where crimes are complex and transcontinental in nature, requires a high level of global coordination and cooperation with international counterparts."

More from Local

Coming Up on Dubai Eye


  • UAE Companies Face A 38% Jump In Claims For Petrol Expenses

    A report from Bayzat, an HR software, says that there's been a 38% increase in the amount employees are claiming back in fuel charges.

  • Increase in bag loss

    Airports are facing an increase in baggage mishandling rate as the number of passengers continue to rise. So we asked Nicole Hogg, Product Management Director, Baggage at SITA whether bag loss is a new trend.

  • Could Space Travel Become More Accessible?

    H.E. Ibrahim Al Qassim, Deputy Director General of the UAE Space Agency joined us to explain what it would take for more people to be able to go into space.

On Dubai Eye