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| How the UAE is cracking down on illicit Iranian finance | |
| 2026-04-23 | |
| Iran’s attacks on the Gulf state have created an opportunity to starve Iran’s proxy network of funds. [NationalInterest] After Iran unleashed more than 3,000 missiles and drones against the United Arab Emirates (UAE), over five weeks of the Iran War, the Gulf state’s patience snapped. The “bullying neighbor,” as Anwar Gargash, the diplomatic advisor to the UAE’s president, called Iran, had crossed a line. In response, the UAE doubled its efforts against illicit Iranian money networks. By early April, Emirati authorities had detained dozens of Tehran-linked money changers, shuttered their exchange houses, and closed their offices, targeting especially the Sarraf networks that once funneled billions to the Islamic Revolutionary Guard Corps (IRGC), which Washington designates a Foreign Terrorist Organization (FTO).
More at the link Related: United Arab Emirates: 2026-04-22 US imposes new sanctions against suppliers of weapons to Iran, doubles down on economic blockade of Iran, blocks Iraq’s dollar shipments to squeeze Iran-backed militias, extends ceasefire United Arab Emirates: 2026-04-21 UAE says it dismantled terrorist cell linked to Iran United Arab Emirates: 2026-04-21 Sudan army says it recaptures Blue Nile town from RSF-rebel alliance Related: Hawala network 07/27/2025 UK smuggling sanctions target 10 individuals from Iraq, Kurdistan Hawala network 10/07/2021 Germany raids Islamic money-laundering network accused of sending cash to Syria Hawala network 09/29/2008 Terror funds: Another Azamgarh connection? | |
| Posted by:badanov |