Al-Monitor
Al-Monitor
MiddleEast · 3 mins ago

Exclusive-Saudi Arabia tightens anti-crime oversight on UAE-bound bank transfers

By Timour Azhari RIYADH, Aug 18 (Reuters) - Saudi Arabia has placed financial transfers to the United Arab Emirates under extra layers of regulatory oversight reserved for countries considered high-risk for illicit money flows, according to three people with direct knowledge of the matter, the latest sign of a widening rift between the wealthy Gulf monarchies.
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