Arabic version: الإمارات توافق على إطلاق مليارات من الأموال الإيرانية المجمدة
The United Arab Emirates (UAE) has reportedly agreed to unlock billions of dollars in frozen Iranian funds as part of a strategic shift following a series of Iranian attacks on its territory. This decision coincides with ongoing negotiations between Tehran and Washington aimed at concluding their conflict. According to Al Jazeera, sources indicate that the UAE will release a total of $10 billion, with more than $3 billion already delivered.
Two additional sources suggest that the total funds involved could reach $20 billion, contingent upon Iran halting its attacks on the UAE. The UAE Foreign Affairs Ministry, however, issued a statement denying these reports, asserting that “no frozen Iranian funds have been released, transferred, or moved through the UAE.” The ministry urged media outlets to verify information from official sources.
A UAE official commented that the country aims to ease tensions and promote peace in the region, aligning its foreign policy with efforts to achieve stability. The White House did not immediately respond to inquiries regarding the situation.
The arrangement marks a significant shift from the previously hostile UAE-Iran relations, which had seen Iranian attacks disrupt Dubai’s tourism and business sectors. This new development could facilitate a resolution to the US-Iran conflict while allowing both sides to maintain their respective positions. Reports suggest that Iran has also approached other Gulf states for similar arrangements, indicating a potential thaw in regional relations.
