UAE Denies Reports of $3 Billion Transfer to Iran, Calls Claims ‘False and Unfounded’ | Achla News
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UAE Denies Reports of $3 Billion Transfer to Iran, Calls Claims ‘False and Unfounded’
The United Arab Emirates has firmly rejected reports claiming it transferred funds to the Islamic Republic of Iran, including allegations involving $3 billion.
According to Reuters, the United Arab Emirates has agreed to release billions of dollars in frozen Iranian assets as part of an arrangement aimed at stopping Iranian missile and drone attacks against the UAE.
The United Arab Emirates has firmly rejected reports claiming it transferred funds to the Islamic Republic of Iran, including allegations involving $3 billion.
In a statement, the UAE Foreign Ministry said the claims are completely false and without basis, emphasizing that no frozen Iranian assets have been released, transferred, or processed through the UAE.
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