UAE denies claims of fund transfers to Iran

The United Arab Emirates (UAE) has issued a firm denial against recent international media reports that claimed fund transfers from the UAE to Iran, including a specific allegation of US$3 billion (RM12 billion). The UAE Ministry of Foreign Affairs released a statement unequivocally refuting these claims, labeling them as false and without foundation.

The ministry specifically addressed the allegations concerning frozen Iranian funds, emphasizing that no such funds have been released, transferred, or facilitated through the UAE. This direct contradiction aims to quash the reports and reaffirm the UAE's position on financial dealings with Iran.

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The claims are false and baseless, and emphasize that no frozen Iranian funds have been released, transferred, or facilitated through the UAE.

In its statement, the UAE Ministry of Foreign Affairs also called upon international media organizations to uphold accuracy in their reporting. It urged them to exercise due diligence and refer to credible sources before publishing information, particularly on sensitive financial matters. This appeal underscores the UAE's concern over the potential impact of inaccurate reporting on international relations and financial stability.

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The ministry also urged media organizations to practice accuracy in reporting news, referring…