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.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..