ABU DHABI: The United Arab Emirates has firmly denied reports that linked the country to a $3 billion transfer to Iran. Officials rejected the claims as inaccurate.
The UAE Ministry of Foreign Affairs stated this after several international media outlets reported that funds had moved from the UAE to Iran. However, the ministry said those reports lacked factual support.
The ministry stressed that no authority released, transferred, or facilitated any Iranian funds through the UAE. It also stated that claims regarding a $3 billion transfer did not reflect reality.
Furthermore, UAE officials urged journalists and media organizations to verify information before publication. They encouraged reporters to rely on official sources instead of circulating unconfirmed reports.
The controversy emerged after media reports suggested that financial arrangements existed between the UAE and Iran. Those reports attracted international attention and fueled speculation about regional developments.
Meanwhile, Reuters reported that the UAE had allegedly agreed to release a larger financial package of $3 billion transfer to Iran. According to unnamed sources cited in the report, the package could reach $10 billion, with more than $3 billion already provided.
The report also claimed that discussions involved a total amount of $20 billion. In addition, sources linked the arrangement to efforts to reduce tensions between the two countries.
Despite those claims, Reuters acknowledged that it could not independently verify the details. The agency also said it could not confirm whether the funds belonged to the UAE or represented Iranian assets that remained frozen in financial institutions.
For now, the UAE maintains its position and continues to reject all allegations related to a $3 billion transfer to Iran. The issue remains under public scrutiny as international media and regional observers follow further developments.
