UAE considering freezing billions in Iranian-linked assets to protect financial system
The United Arab Emirates is considering freezing billions of dollars in assets linked to Iran as part of a broader effort to safeguard its financial system and counter Tehran’s regional financing networks, according to a report by The Wall Street Journal.
Authorities are reviewing several measures that could target Iranian-linked companies, tighten oversight of currency exchange houses, and curb illicit trade channels operating through regional shipping routes.
Analysts say the potential restrictions could significantly limit Iran’s access to foreign currency and international trade networks, particularly given the UAE’s role as one of the region’s most important commercial and logistics hubs.
In recent years, the UAE has been strengthening financial regulations and enforcement mechanisms aimed at combating money laundering, illicit financing, and sanctions evasion, while reinforcing the stability and credibility of its financial sector.
If implemented, the proposed measures could mark one of the most significant regional financial steps taken against Iranian-linked economic networks operating through Gulf trade routes.