Dubai sets up money laundering court


  • World
  • Monday, 23 Aug 2021

CAIRO (Reuters) - Dubai has established a specialised court focused on combating money laundering, in a move to "strengthen the integrity of the financial system", the emirate's media office said on Sunday.

The UAE, home to the Middle East financial hub Dubai, has worked over the last few years to overcome a perception it is a hot spot for illicit money. In February the government created an Executive Office for Anti-Money Laundering and Counter Terrorism Financing.

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