Officials of the United Arab Emirates and Egypt have discussed in a meeting the efforts and coordination of the two countries to combat money laundering and terrorist financing.
According to Arab News, the Emirates News Agency has stated that the Director General of the Executive Office of Anti-Money Laundering and Anti-Terrorist Financing, Hamid al-Zabi, has appointed the Board of Trustees of the Anti-Money Laundering and Anti-Terrorist Financing Unit in Egypt. met with Ahmed Khalil, Chairman of the United Nations and its regional representative, Judge Hatim Ali, at the United Nations Office on Drugs and Crime in the Gulf.The meeting highlighted important steps being taken by the UAE to develop an effective system and partnership with the private sector to combat financial crimes.
The delegation of Egypt highlighted the ways to advance the national system and the important steps taken by Egypt.
On this occasion, Hamid Al-Zaabi has said that continuous discussion on the issue of anti-money laundering with the countries involved in the meeting in the Executive Office is one of the priorities of our national agenda.
He further informed that exchange of information related to elimination of all types of financial crimes with international cooperation is an important part of our efforts.
Hamid al-Zabi said that we remain a strong partner with Egypt in terms of counter-terrorism financial support and we value effective cooperation with all our partners.
The meeting is part of efforts to strengthen the UAE-Egypt strategic relationship and highlight it as a model for Arab countries.