The UAE Foreign Ministry issued a denial of claims it transferred billions in frozen Iranian funds or released assets through the country, according to a statement reported by the Arab World channel. The denial calls the allegations false and baseless, reiterating the official position after earlier reports of a $3 billion or larger transfer. The statement did not address what, if any, agreement is being negotiated.
The UAE Foreign Ministry issued a formal statement on Wednesday afternoon, again denying that it transferred billions of dollars to Iran or released frozen Iranian assets through the country. The statement, reported by the Arab World channel, called the allegations "false and baseless." The denial comes after a day of competing reports: As The Zioneer reported at 10:47, the UAE had already denied a Reuters report that Abu Dhabi transferred $3 billion to Iran as part of a broader release of funds estimated at $10–20 billion. That earlier denial followed a separate report from the OSNTdefender channel at 07:49 that the UAE agreed to unlock the funds in a regional arrangement linked to a reduction in Iranian attacks on the Emirates.
The thread began Monday evening (21:20) when Reuters, citing four sources, reported that the UAE had agreed to transfer $10–20 billion in frozen Iranian funds, with $3 billion already delivered. Over the next 24 hours, the amount and timeline shifted across multiple Reuters updates, and the UAE issued two successive denials — first denying the $3 billion figure, then issuing the broader rejection confirmed Wednesday. The Emirati position has hardened from a denial of a specific transfer to a blanket rejection of any movement of frozen funds.
An earlier US official had said, as The Zioneer reported at 17:15 on Monday, that no frozen funds would be released until Iran fulfills its commitments. Separately, The Zioneer reported at 12:42 that Israel Hayom said the US had agreed to release at least $12 billion in frozen Iranian funds under Qatari oversight for humanitarian purposes — a development attributed to a US official but distinct from the UAE reports.
What remains unclear. The latest UAE denial does not address whether any agreement is being negotiated between the UAE and Iran, nor does it clarify the status of frozen assets held in the Emirates. The original Reuters report was sourced to four unnamed sources; the UAE has now denied the story twice in 24 hours without providing evidence to support either position.
9 developments
- StrongReuters: UAE agrees to release ~$10B in frozen Iranian funds, $3B reportedly transferred
- DevelopingIran denies report it agreed to transfer enriched uranium to third country
- DevelopingExperts cast doubt on Tehran's claim of $12 billion asset unfreezing
- DevelopingUS official: No frozen funds released until Iran fulfills commitments
Source and signal
- Internal intake