UAE delivers 10 aid convoys to Gaza

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The United Arab Emirates has sent ten humanitarian aid convoys to the Gaza Strip as part of its ongoing relief effort. This campaign, carried out under the "Gallant Knight 3" operation, seeks to offer critical food supplies, medical aid, and other requirements to Palestinians affected by the ongoing situation. Despite the challenges on the ground, the UAE's leadership has reaffirmed its commitment to humanitarian assistance, ensuring that relief reaches those in critical need. These convoys are part of a larger campaign to alleviate suffering in Gaza, where thousands of families are facing shortages of basic commodities. UAE relief teams, working in collaboration with international humanitarian groups, have been critical in ensuring the safe and efficient distribution of aid. Medical supplies and food packages have been prioritized, especially for children, the elderly, and the most vulnerable people affected by the disaster. The UAE has long been at the forefront of huma...

UAE committed to combatting Money-laundering

 

The Central Bank of UAE have established a special unit to handle the suspicious transactions and investigate the fraudulents in 1998. Later on 2002 the unit was officially named as Anti Money Laundering and Suspicious Cases Unit. Which undergoes preventing the transactions in Central Bank.In 2018, UAE issued Federal Decree No. 20, that focused on Anti money laundering and countering the financing of Terrorism. In 2020, Central Bank of UAE established a dedicated department to handle all anti-money laundering matters and to combat the financing of terrorism (AML/CFT).The UAE's Financial Intelligence Unit (FIU) has launched the 'goAML' anti-money laundering platform, developed by UNODC, to combat organized crimes and prevent money laundering.From the recent 21st meeting of higher committee, the UAE Ministry of Foreign Affairs HH Sheikh Abdullah stressed the seriousness of the UAE in its responsibility to protect the global financial system and the UAE has a comprehensive National AML and CTF Strategy for the period 2024-2027.Through the efforts, the UAE continuous to maintain safeguarding its financial system, enhance international cooperation and partnerships.

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