The Department of the Treasury has imposed new sanctions against entities aiding Iran in providing financial assistance to Houthi forces in Yemen. In a press release posted on Thursday, the Treasury’s Office of Foreign Assets Control designated Nabil Ali Ahmed Al-Hadha pursuant to Executive Order 13224, which prohibits transactions with terrorists. According to OFAC, Al-Hadha serves...
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Tag: Office of Foreign Assets Control
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US Sanctions Egyptian, Turkish Nationals for Providing Cybersecurity Training, Funding for ISIS
The United States has sanctioned two Egyptian nationals for allegedly providing cybersecurity training to members of the Islamic State of Iraq and Syria and facilitating funding efforts in support of the terrorist organization. In a press release, the Department of the Treasury’s Office of Foreign Assets Control named Mu’min Al-Mawji Mahmud Salim and Sarah Jamal Muhammad...
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New US Sanctions Hit Iranian UAV, Military Aircraft Manufacturing Industry
The Department of the Treasury has slapped sanctions on a multinational network comprised of seven individuals and four companies based in Iran, China, Russia and Turkey connected with Iranian development of unmanned aerial vehicles and military planes. The network is behind shipments and financial transactions supporting the Iran Aircraft Manufacturing Industrial Company or HESA, the...