Money & BusinessUAE
UAE Fines 29 Companies Over DH22 Million for Non-compliance
UAE’s Ministry of Economy has imposed fines worth Dh22.6 million on 29 companies.
In a tweet posted on its official account, the authority said, the companies were operating in the designated non-financial business and professions sector.
The firms were penalised for failing to comply with anti-money laundering, combating the financing of terrorism legislation.