The Ministry of Commerce, in cooperation with the General Department of Financial Intelligence and the Permanent Committee for Combating Terrorism and Its Financing, organized today, Wednesday, 3 December 2025, a virtual workshop targeting practitioners in the precious metals and gemstones sector in the Eastern Region.
The workshop addressed two main topics: mechanisms for reporting suspicious transactions, and the application of targeted financial sanctions related to terrorism financing.
The first topic included mechanisms for improving the quality of reporting suspicious transactions in the precious metals and gemstones sector, and how to register on the (Taqassi) platform.
The second topic focused on enhancing the awareness of workers in the precious metals and gemstones sector regarding the requirements for implementing financial sanctions related to terrorism financing.
A number of institutions, companies, and specialists in the precious metals sector in the region participated in the workshop.
This initiative comes as part of a series of efforts by the Ministry of Commerce aimed at strengthening the private sector’s awareness of regulatory updates and raising the level of compliance with Anti–Money Laundering, Combating the Financing of Terrorism, and Counter-Proliferation Financing requirements.