No licence permits gambling activities
DUBAI: The Government of Dubai has denied that the rumours circulation on social media that Emirate is granting licences for gambling.
In a tweet posted on Dubai Media office’s twiter handle authorities said “reports circulating in social media about licenses being granted for gambling activities in the emirate are incorrect.”
EXCHANGE HOUSE TO PAY PENALTY OF DHS496,000: The Central Bank of the UAE (CBUAE) imposed on April 18, 2021, a financial sanction on an exchange house operating in the UAE, pursuant to Article 14 of the Federal Decree-law No. (20) of 2018 on Anti-money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations.
CBUAE’S examination findings revealed that the exchange house had a weak compliance framework to prevent money laundering and financing of terrorism. The CBUAE imposed a financial sanction of Dhs496,000ontheexchangehouse.indetermining the amount of the sanction, the CBUAE considered the exchange house’s poor compliance history.
As the supervisory authority of exchange houses operating in the UAE, the CBUAE is actively overseeing that all exchange houses, their owners, and staff abide by the UAE laws, regulations, and standards adopted by the CBUAE to safeguard the transparency and integrity of the exchange houses’ business.
SAIL SAFELY: The Dubai Police ‘Sail Safely’ service has successfully facilitated the rapid emergency response to 65 distress calls and helped warn thousands of registered users about sea conditions and hazards, since the service was launched two years ago.
The number of owners and captains of marine crats registered in the ‘Sail Safely’ service has reached 3,715 users on both IOS and Android operating smartphones, said Colonel Dr Hassan Suhail Al-suwaidi, Director of the Ports Police Station, in a statement on Saturday.
Al-suwaidi reaffirmed Dubai Police’s keenness on developing all available services in all sectors, including the marine sector, by utilising the latest technologies and artificial intelligence systems to achieve the strategic objectives of Dubai Police of ensuring community happiness, enabling a safe city, and innovations in resource management.