UAE welcomes removal from EU financial crime watchlist

WAM

The UAE has welcomed its removal from the European Union’s list of high-risk third countries for money laundering and terrorist financing.

In a statement, Minister of State, Ahmed bin Ali Al Sayegh called the move a clear and independent recognition of the UAE’s strong commitment to combating financial crime and upholding international standards.

He said the UAE remains a trusted global financial hub and a reliable partner to the EU, with anti-money laundering and counter-terror financing systems that are not only robust, but future-ready.

The minister also emphasised that the UAE looks forward to strengthening its partnership with the European Union—highlighting shared goals of economic growth, security and closer cooperation.

 

More from Business

  • Dubai 'super' plate BB 88 secures AED14 million at RTA auction

    Dubai's Roads and Transport Authority's (RTA) 119th auction for distinct number plates has raised nearly AED97.95 million in total.

  • Abu Dhabi-India Business Forum to deepen trade, investment ties

    The Abu Dhabi–India Business Forum, co-organised by the Abu Dhabi Department of Economic Development (ADDED) and the Abu Dhabi Chamber of Commerce and Industry (ADCCI) in cooperation with the Federation of Indian Chambers of Commerce and Industry (FICCI) has underscored the scale and momentum of the partnership and discussed ways to deepen trade and investment ties.

  • GCC tourism and travel hits $247.1 billion in 2024

    The value added by the travel and tourism sector to the gross domestic product (GDP) of the Gulf Cooperation Council (GCC) countries reached $247.1 billion in 2024, up 31.9 per cent from 2019, according to the GCC Statistical Centre.

  • 39,546 tourism, hospitality, aviation licences issued up to mid-September: UAE Minister

    The number of commercial licences in tourism, hospitality, aviation, air transport, aviation technologies and digital tourism in the UAE reached 39,546 by mid-September 2025, a 275 per cent increase compared to mid-September 2020, according to Abdulla bin Touq Al Marri, Minister of Economy and Tourism and Chairman of the Emirates Tourism Council.

  • Abu Dhabi, Malaysia cooperate on developing next-gen autonomous platforms

    K2, an Abu Dhabi company specialising in advanced autonomous systems and AI-driven technologies, has announced the signing of a Letter of Intent (LOI) with Pahang Aerospace City (PAC) and the University Malaysia Pahang Al-Sultan Abdullah (UMPSA) to cooperate on the development of next-generation autonomous platforms.