
UAE reviews progress on anti-money laundering strategy
Committee welcomes decision to regulate digital currencies to further mitigate money laundering risks.
Expats with valid residency visas who have taken both doses of the Covid-19 vaccine in the UAE are among the new categories of visitors who will be permitted to visit the UAE beginning August 5. They must have received the second dose of the vaccination at least 14 days before travel and have a certificate to confirm it.
The National Emergency Crisis and Disasters Management Authority has announced a series of exclusions (NCEMA). Travelers from India, Pakistan, Sri Lanka, Nepal, Nigeria, and Uganda are eligible for the exemptions.
Travelers from key sectors, both vaccinated and unvaccinated, are also permitted entrance. Doctors, nurses, and technicians are among the UAE’s health professionals. Teachers from educational institutions are also welcome to return. Students, humanitarian cases, government employees, and those receiving medical treatment in the UAE are among the exempted groups.
Passengers on the transit system will be able to travel again. They require a PCR test to be performed within 72 hours before departure. Airports in the UAE will set aside separate lounges for transit travelers.

Committee welcomes decision to regulate digital currencies to further mitigate money laundering risks.

The United Arab Emirates (UAE) has emerged as a global business hub, attracting entrepreneurs and investors from around the world.

Companies across the UAE need to stay updated and comply with the UAE’s Economic Substance Regulations (ESR). Failure to comply with such regulations will lead them to incur heavy fines, as per the experts.