UAE Denies Transferring $3 Billion in Iranian Assets

The United Arab Emirates has firmly denied media reports alleging the transfer of $3 billion in Iranian assets to Tehran. The UAE's Ministry of Foreign Affairs issued a statement on Saturday, June 13, 2026, explicitly refuting the claims.

"The United Arab Emirates categorically denies reports published by some international media outlets accusing the transfer of funds from the United Arab Emirates to the Islamic Republic of Iran, including allegations concerning $3 billion," the ministry stated. It emphasized that these claims are entirely false and without foundation, asserting that no frozen Iranian funds have been unfrozen, transferred, or secured via the UAE.

“

The United Arab Emirates categorically denies reports published by some international media outlets accusing the transfer of funds from the United Arab Emirates to the Islamic Republic of Iran, including allegations concerning $3 billion.

The ministry also called on media outlets to rely on official sources and refrain from publishing or disseminating unverified information and baseless accusations. This denial comes amid reports from Iranian news agency Mehr on Friday, June 12, 2026, stating that Iran would not begin negotiations on its nuclear program until the United States met certain conditions.

Mehr reported that final negotiations would not commence until half of the frozen funds ($24 billion) are released, oil sanctions against Iran are suspended, and the maritime blockade is lifted. The final agreement would exclusively address the fate of Iran's enriched materials, enrichment activities, and the lifting of sanctions, according to the report.

“

The claims are entirely false and without foundation, and that no Iranian funds that were frozen have been unfrozen, transferred, or secured through the United Arab Emirates.