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.
We haven't written up this one. Al-Monitor has the full story — the link below goes straight to it.
