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UAE Categorically Denies Reports Alleging Transfer of Funds to Iran
🇸🇦 Saudi Arabia /Sports

UAE Categorically Denies Reports Alleging Transfer of Funds to Iran

From Asharq Al-Awsat · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • The United Arab Emirates has firmly denied reports alleging the transfer of funds to Iran, including a specific claim of USD 3 billion.
  • The Ministry of Foreign Affairs stated these allegations are false and unfounded, confirming no frozen Iranian funds were released via the UAE.
  • The ministry urged media outlets to verify information with official sources and avoid spreading unverified claims.

The United Arab Emirates has issued a categorical denial of recent media reports that alleged the transfer of funds from the UAE to Iran, including a specific claim involving USD 3 billion. The Ministry of Foreign Affairs firmly stated that these allegations are "entirely false and unfounded."

entirely false and unfounded

— Ministry of Foreign AffairsThe Ministry of Foreign Affairs described the media reports alleging fund transfers to Iran as completely untrue.

In its official statement, the ministry stressed that no frozen Iranian funds have been released, transferred, or facilitated through the UAE. This direct refutation aims to counter misinformation circulating in the media.

no frozen Iranian funds have been released, transferred, or facilitated through the UAE.

— Ministry of Foreign AffairsThe ministry affirmed that the UAE has not been involved in any transaction of frozen Iranian funds.

The UAE Ministry of Foreign Affairs also called upon media organizations to exercise accuracy and diligence in their reporting. It urged them to rely on official sources and refrain from publishing or circulating unverified information and unfounded allegations, according to a report by the UAE's state news agency WAM.

to exercise accuracy, rely on official sources, and refrain from publishing or circulating unverified information and unfounded allegations

— Ministry of Foreign AffairsThe ministry advised media outlets on responsible reporting practices.
DistantNews Editorial

Originally published by Asharq Al-Awsat in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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