UAE denies reports of releasing frozen Iranian assets

• The UAE says claims of releasing Iranian funds are false.
• Reports had suggested that more than $3 billion had already been transferred.

The United Arab Emirates has denied reports claiming it released frozen Iranian assets, saying the allegations are inaccurate and not based on facts.

In a statement, the UAE Foreign Ministry said no frozen Iranian funds had been released or transferred through the country. It also urged media outlets to verify information and rely on official sources.

The denial came after Reuters reported, citing two regional sources, that the UAE had approved the release of $10 billion in frozen Iranian assets. The report said more than $3 billion had already been transferred as part of discussions between officials from the two countries.

The UAE rejected the claims, insisting that no such transfers had taken place.