Abu Dhabi: The Ministry of Foreign Affairs and International Cooperation (MoFAIC) and UK s Her Majesty s Revenue and Customs (HMRC) held a series of joint technical training workshops on anti-money laundering and countering the financing of terrorism (AML/CFT), in March and April 2021.
The workshops, hosted by the HRMC s team of experts, provided an opportunity to share the latest advances in AML/CFT thinking as part of the UAE s ongoing efforts to raise awareness, build technical expertise, and further strengthen its supervisory system.
Key institutions from across the UAE benefitted from the skills and knowledge exchange, including the Ministry of Economy, Federal Customs Authority, and the Central Bank. The workshops were designed to share the UK Government s leading approach, experience and latest AML/CFT methods, with a focus on several specific target areas of risk, including:
Dubai’s external foodstuff trade reaches Dhs52 billion in 2020
an hour ago Picture used for illustrative purpose. The UAE showed an outstanding performance in securing food during the COVID-19 pandemic with Dubai external foodstuff trade reaching Dhs52 billion in 2020, according to Dubai Customs.
“Food security is gaining more importance under the current circumstances, and the challenges posed by the pandemic which swept across the world,” said Nassim Al Mehairi, Manager of Statistics Section at Dubai Customs. “The UAE showed an outstanding performance in securing food during the pandemic following the directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. In 2020, Dubai external foodstuff trade totalled Dhs52 billion (imports Dhs34.7 billion, exports Dhs10 billion, and re-exports Dhs7.3 billion). In terms of volume, this trade weighed 17 million tonnes (imports 12.5m tonnes, ex
Dubai Customs completes 5m transactions in Q1, up 20%
DUBAI, 3 hours, 9 minutes ago Dubai Customs completed 5 million transactions in Q1 this year, equivalent to double the number of transactions in the same period in pre-pandemic 2019, and 20% more than Q1 2020, in which 4 million transactions were completed. We will target new international markets and attract more foreign investments to achieve Dubai vision of raising trade to 2 trillion dollars in the next 5 years following the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Abdullah Mohammed Al Khaja, Executive Director of Clients Management Division, was quoted as saying in a
Dubai Customs completes 5m transactions in Q1, 2021
DUBAI, 1 hours, 45 minutes ago Dubai Customs completed 5 million transactions in Q1 this year, according to latest figures. This is equivalent to double the number of transactions in the corresponding period in pre-pandemic 2019, and 20% more than Q1 2020, in which 4 million transactions were completed. “We will target new international markets and attract more foreign investments to achieve Dubai vision of raising trade to $2 trillion in the next 5 years following the directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai,” said Abdullah Mohammed Al Khaja, Executive Director of Clients Management Division.
Dubai Customs completes 5m transactions in Q1, 2021, growing 20%
DUBAI, 17th April, 2021 (WAM) Dubai Customs completed 5 million transactions in Q1 this year, according to latest figures. This is equivalent to double the number of transactions in the same period in pre-pandemic 2019, and 20% more than Q1 2020, in which 4 million transactions were completed. We will target new international markets and attract more foreign investments to achieve Dubai vision of raising trade to 2 trillion dollars in the next 5 years following the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, said Abdullah Mohammed Al Khaja, Executive Director of Clients Management Division. We will actively participate in achieving the objectives of Dubai Strategic plan 2030 through building on what has so far been achieved in the emirate, which turned it into a regional and global hub for trade and tourism.