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.


Khaleej Times

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