Emirates takes further step in the fight against terrorism
The UAE is embarking on a new chapter in its fierce fight against terrorism. The country, which has been at the forefront of innovation within its region for years, is now leading the fight against terrorist attacks that have been hitting the entire region hard for years. Resolution 83 of 2021 directly targets "terrorist companies" and the financing of their activities. The UAE is determined to take a step forward against the groups that cause the most fear, not just in the Gulf or Africa, but around the world, and this resolution is a further link in the fight against extremist forces.
It was yesterday, Monday, that the cabinet issued the ministerial resolution listing 38 new individuals and 15 organisations as terrorists on the UAE-approved list of individuals, entities and bodies that support or finance terrorism. According to the Emirati news agency WAM, this decision aims to "target and disrupt networks associated with the financing of terrorism and its associated activities". Moreover, this initiative has called on the authorities to monitor and account for persons or entities affiliated with any financial, commercial or technical relationship, and to take the necessary measures in accordance with the laws in force within 24 hours.
The 15 entities included in this list of support for terrorism are listed by Al Ain media and are:
- Athar Al Rayah Trading Company
- FZE Hamriyah Arzo International Company "FZE".
- Hanan Shipping Company
- Four Corners Oil Company
- Sasco Logistics Company
- Al Jarmozi General Trading Company
- Al Jarmozi Shipping and Clearing Company: LLC
- Al Jarmozi Light and Heavy Truck Materials Transportation Company "L.L.C."
- Nasser Al Jarmozi Shipping and Clearing Company "LLC"
- Wave Tech Computer "LLC".
- NYPI Operations - "FZE".
- KCL General Trading "FZE".
- Alinma Group
- Al-Amqi & Brothers Exchange Company
According to observers, 'Resolution 83, which targets terrorist companies and entities, complements a series of strong and exceptional Emirati measures to combat terrorism and finance its activities'. In other words, this does not represent a radical change, but rather another step in the continuation of the line being taken by the UAE in the fight against terrorists. To this end, experts highlight the figures of the Financial Intelligence Unit and the UAE Central Bank, both of which are key in the fight against the financing of terrorism, which has paved the way for the decision issued yesterday.
In fact, the Financial Intelligence Unit prepared last August a series of strategic high-risk analyses regarding money laundering and terrorist financing. Even as early as 2020 it was preparing the ground for the current situation by successfully signing a memorandum of understanding with numerous countries, including the Financial Intelligence Unit in Pakistan, the Financial Intelligence Unit in the Kingdom of Bahrain and the Financial Intelligence Centre in the Republic of Namibia. The stance throughout the country against terrorism is very strong and they want to project this to the region, being emblematic of the fight against the terrorist threat.