FATF lauds Saudi measures against money laundering

Saudi Arabia's has undertaken robust preventive measures to combat money laundering and terrorism funding. (Shutterstock image)
Updated 28 September 2018
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FATF lauds Saudi measures against money laundering

JEDDAH: A report by the Financial Action Task Force (FATF) has praised Saudi measures against money laundering, terrorism funding and arms proliferation.

The Kingdom has proven its understanding of the risks it faces by its measures to address them, the report said.

Saudi Arabia has a strong legal framework to implement targeted financial sanctions imposed by the UN on terrorists without delay, the report added.

It described preventive measures taken by financial and non-financial domestic sectors to combat money laundering and terrorism funding as robust. 

 


Saudi pilot Yasmeen Al-Maimani’s first flight celebrated

Hail International Airport and Nesma Airlines celebrated the first official flight of Saudi pilot Capt. Yasmeen Al-Maimani. (GACA)
Updated 20 min 44 sec ago
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Saudi pilot Yasmeen Al-Maimani’s first flight celebrated

  • Yasmeen Al-Maimani has a commercial pilot’s license (CPL) from the US

RIYADH: The Saudi General Authority of Civil Aviation (GACA), represented by the management of Hail International Airport and Nesma Airlines, celebrated the first official flight of Saudi pilot Capt. Yasmeen Al-Maimani, 29, on Sunday.
Al-Maimani made her first official flight between Hail International Airport and Prince Nayef bin Abdul Aziz International Airport in Qassim, becoming the first Saudi woman to fly a commercial aircraft as a co-pilot with Nesma Airlines.
She received the opportunity after the airline advertised vacant positions for co-pilots on its New Pilots Program — 11 were accepted, including Al-Maimani, who has a commercial pilot’s license (CPL) from the US.
Following their acceptance into the program, the pilots underwent a four-stage training regimen at Prince Sultan Aviation Academy in Jeddah, including practice on multi-engine planes with multiple crews.
Ground training using an ATR 72-600 aircraft at Nesma Airlines’ training center in Hail followed, before progressing to simulators in Jakarta and Madrid.