The Department of Anti-Economic Crime at Dubai Police arrested 2,430 accused and recorded 2,145 economic crime cases in the emirate over the past five years.
The Department also made confiscations with an estimated value exceeding AED 8.96 billion.
According to Brigadier Jamal Salem Al-Jallaf, director of the General Department of Criminal Investigations at Dubai Police, the team is keen to arrest those involved in economic crimes through a precise action plan in coordination with trademark partners.
Regular meetings are held between brands’ representatives and officers of the Department of Anti-Economic Crime to explore methods and tools to uncover counterfeit goods.
Brig Al-Jallaf pointed out that Dubai has earned the confidence and trust of various and prestigious international brands for its efforts in combating economic crimes.
Colonel Salah Bouasiba, Director of the Anti-Economic Crime Department, said that the cases varied between cases of commercial fraud, counterfeiting, multiplication of money, sorcery, and forgery.
This year, the Department, through its three sections – the Anti-Counterfeits Section, the Anti-Fraud Section, and the Anti-Commercial Fraud & Piracy Section – recorded 246 cases, involving 307 accused and seized goods worth more than AED 2.55 billion.
Colonel Bouasiba further explained that the General Department of Criminal Investigation has been keen to organise training workshops in coordination with partners and trademark owners to develop the capabilities of personnel working in combating economic crimes.
The Central Bank of the UAE has penalised a branch of a foreign bank operating in the country with a fine of AED 5.9 million for violating the country's anti-money laundering law.
The UAE hosted a high-level UN meeting on 'Advancing the Tolerance, Peace, and Security (TPS) Agenda', in recognition of the second anniversary of the unanimous adoption of Resolution 2686.
Dubai’s Roads and Transport Authority (RTA) has completed a series of rapid upgrades to improve traffic flow between Sheikh Zayed Road and Al Khail Road via Al Meydan Street.
Reem Adel Ahmed Al Zarouni, a seventh-grader from Al Ittihad National Private School in Abu Dhabi, has been named the UAE champion of the 9th Arab Reading Challenge
ഷെയ്ഖ് സായിദ് ബിൻ സുൽത്താൻ അൽ നഹ്യാൻ, ഷെയ്ഖ് റാഷിദ് ബിൻ സയീദ് അൽ മക്തൂം എന്നിവരുടെ പൈതൃകങ്ങളെ ആദരിക്കുന്നതിനായി സെൻട്രൽ ബാങ്ക് ഓഫ് യുഎഇ സ്വർണ്ണ , വെള്ളി സ്മാരക നാണയങ്ങളാണ് പുറത്തിറക്കിയത്.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and his South Korean counterpart Lee Jae-myung have held a phone call to discuss strengthening ties between their nations.
The Central Bank of the UAE (CBUAE) has unveiled gold and silver commemorative coins to honour the legacies of the late Sheikh Zayed bin Sultan Al Nahyan, and Sheikh Rashid bin Saeed Al Maktoum.