UAE: Ministry fines 29 companies over Dh22 million for non-compliance

These companies were operating in the designated non-financial business and professions sector

By Web Desk

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Published: Fri 24 Mar 2023, 12:44 PM

Last updated: Fri 24 Mar 2023, 10:26 PM

UAE's Ministry of Economy has imposed fines worth Dh22.6 million on 29 companies.

In a tweet posted on its official account, the authority said, the companies were operating in the designated non-financial business and professions sector.


The firms were penalised for failing to comply with anti-money laundering, combating the financing of terrorism legislation.

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