COVID-19: Heathrow opens terminal for travellers from high-risk countries

London: London’s Heathrow Airport has reopened a terminal that was mothballed during the coronavirus pandemic to handle passengers now arriving from high-risk countries. Critics say the action should have been taken sooner. Britain has barred travellers from a “red list” of 43 coronavirus hotspots including India, Brazil and Turkey. UK nationals and residents returning from […]

Get ready to face fines of up to Dh100,000 in case of ‘ultimate beneficial owner’ rules violations

Dubai: UAE has launched a campaign to ensure 513,000 non-financial businesses, regulated by 38 licensing authorities, provide data on ultimate beneficial owners. “Money laundering and terrorism financing crimes are a major concern that plagues most of the world’s economies, especially today with the advent of modern digital technologies in the financial sector, trade and investment […]