SUN Ship Management has become one of the main transporters of Russian oil to countries including India and Cuba. BRUSSELS — The EU is discussing whether to sanction Dubai-based shipping company SUN Ship Management Ltd, which is suspected of helping Russia circumvent restrictions on its oil exports, three diplomats told POLITICO’s Brussels Playbook on condition of anonymity....
Sıtkı Ayan, the businessman helping Tehran sell oil, dodged US sanctions for years On March 22 of 2021, several of the world’s most dangerous men descended on Beirut’s historic seaside Summerland Hotel — not to swim in the Mediterranean or explore the sumptuous resort’s “Le Beach Pop Up,” but to talk Turkey. The meeting was...
Vulnerable Ukrainian women and children are likely being trafficked into sex slavery and domestic servitude in the United Arab Emirates, defence experts have warned. Millions of Ukrainians have fled the war-torn country since Russia began its brutal advance in February, leading to increased concerns about refugees being susceptible to trafficking. Some are reported to have been targeted...
Politicians and activists are calling for Dubai and the United Arab Emirates to be blacklisted over its failure to observe sanctions against Russian oligarchs and stem the flow of dirty money flowing through the UAE. Western countries including the US and UK hit Russia with stringent sanctions in February after Russia invaded Ukraine. This prompted some oligarchs to...
One is a sanctioned businessman. Another is a convict. Two more are celebrities with ties to political power. What unites these disparate individuals? They are all Belarusian politically exposed persons listed as owning real estate in Dubai, a kingdom in the United Arab Emirates that has become a playground for the global rich. In May,...
Call to Blacklist Dubai and UAE Over ‘Dirty Money’ and Oligarchs. Politicians and activists are calling for Dubai and the United Arab Emirates to be blacklisted over its failure to observe sanctions against Russian oligarchs and stem the flow of dirty money flowing through the UAE. Western countries including the US and UK hit Russia with...
Two British men who spent time in detention in the United Arab Emirates have testified in Paris that an Emirati security official who is now the president of Interpol was responsible for their alleged torture. Matthew Hedges, an academic imprisoned in the UAE for seven months on espionage charges he denies, and Ali Issa Ahmad, who was detained...
Wealthy Russians are flocking to Dubai’s real estate market as Western sanctions prompt them to look at alternative destinations for their luxury property purchases, The Observer reported on Saturday. Individuals with money tied to Russian financial institutions have been purchasing properties and leasing apartments in Dubai, which has not imposed financial sanctions against Russia in the weeks...
After boycotting COP27 in Egypt due to concerns about the human rights situation there, Flemish Environment Minister Zuhal Demir has already confirmed she will not be attending next year’s climate summit in Dubai, either. On Wednesday, Demir announced she will not be attending the 28th UN climate conference (COP28), which will be hosted by the United Arab...
Rich Russians are trying to move some of their wealth from Europe to Dubai as a result of Western sanctions, financial and legal sources say. The sanctions are a result of the Russian invasion of Ukraine. Dubai, the Persian Gulf’s financial and business center, has long been a point of interest for the very rich. And...