Tuesday, 02 January 2024 12:17 GMT

Comment From Firas Al Msaddi, CEO Of Fäm Properties, In Response To The EU Removing The UAE From Its List Of“High-Risk” Countries For Money Laundering


(MENAFN- Mid-East Info) Comment from Firas Al Msaddi, CEO of fäm Properties, in response to the EU removing the UAE from its list of“high-risk” countries for money laundering.


“This is more than just a regulatory update. It's a powerful global signal of trust in the UAE's financial systems and compliance frameworks.

“It reinforces Dubai's growing status as one of the world's safest and most transparent capital markets.

“It opens the door wider for institutional and individual investors from around the world, many of whom are now seeing Dubai as not just a lifestyle destination, but a secure and future-proof place to allocate capital.

“The message is clear: Dubai is getting stronger and stronger as a global capital market, emerging as a magnet for living, working, and safeguarding wealth.”

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