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Are reforms in Arab banking sector key to fighting terrorism?

The latest Union of Arab Banks conference discussed ways to integrate all citizens in the banking sector’s database, to be able to fight money laundering and terrorism.
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SHARM EL-SHEIKH, Egypt — The issue of terrorism is present in any public activity or event in the Middle East. This was the case during the conference that the Union of Arab Banks called for in Sharm el-Sheikh in Egypt, Sept. 17-19, attended by Al-Monitor.

The conference was held in the general absence of the media and under the direct auspices and participation of the Egyptian authorities, represented by the governor of the Central Bank of Egypt, Hisham Ramez Abdel Hafez. About 50 figures from the Middle East, specialized in banking and finance, economy, politics and security, were also present.

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