The UAE and Saudi Arabia have signed an agreement to crack down on financial terrorism.
The MoU between the two countries will include the development of a network that shares data to help in the battle against money laundering.
Officials of the UAE's Financial Intelligence Unit and Saudi Arabia Financial Intelligence Unit were present at the signing, which reflects strong ties between the two nations.

UAE grants Elon Musk's Starlink licence to provide satellite internet services
UAE real estate sector records strong H1 growth
UAE-Lebanon Business Forum drives new wave of partnerships
Meta agrees to pay $18 billion to settle US lawsuits over social media addiction