UAE Signs MoUs to Strengthen Fight against Financial Crimes

21 Apr 2025 CW Team

The Ministry of Economy has signed Memorandums of Understanding (MoUs) with key national entities including the Economic Security Centre of Dubai (ESCD) and the Dubai Land Department (DLD), to bolster efforts in combating money laundering and financial crimes. The MoUs aim to strengthen regulatory frameworks, support institutional transparency, and enable efficient data sharing and cooperation in line with international standards. Signed during the summit on the role of Designated Non-Financial Businesses and Professions (DNFBPs) in combating financial crimes, the agreements also promote technical collaboration, training, and knowledge exchange. Signatories included senior officials from the Ministry of Economy, ESCD, and DLD. The initiative is part of a broader drive to enhance compliance, support mutual evaluation readiness, and improve the UAE’s global competitiveness. The MoUs define mechanisms for secure data exchange while ensuring privacy and legal compliance. Officials highlighted the importance of a unified and sustainable institutional approach to counter money laundering, terrorism financing, and weapons proliferation, reaffirming their commitment to strengthening financial security and supporting economic growth.

Infrastructure Urban

30 Oct 2025

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..