April 20, 2026
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Tag : sanctions

News

US slaps terrorism sanctions on two companies and accountants in Lebanon

omandailynews.com
The Joe Biden administration imposed terrorism sanctions on two accountants in Lebanon and two companies that provided financial services to the militant group Hezbollah. As reported by AP, the Treasury Department will also sanction a third person for assisting Hezbollah, a US-designated foreign terrorist organization, with weapons acquisitions. Adel Mohamad......
Business

United States sanctions a Lebanese businessman over Hezbollah links

omandailynews.com
The United States Treasury Department has imposed severe sanctions against Hezbollah, specifically targeting the group’s financial facilitator, Lebanese businessman Ahmad Jalal Reda Abdallah, and his companies. The Treasury Department’s Office of Foreign Assets Control has sanctioned eight of Abdallah’s companies located in Lebanon and Iraq. The Treasury Department has announced......