Fact Check: UAE Is Not Blocking Transactions Between Lebanon

The New Arab

News circulated during the past few days claiming that UAE banks have stopped transfers and financial transactions with Lebanon due to Lebanon’s classification as a high-risk country. This is after a WhatsApp chat made its way online:

However, the Acting Governor of the Bank of Lebanon, Wassim Mansouri, denied this news, stating that the banking relationship between the Emirates, the Central Bank, and banks in Lebanon remains the same without any change or modification.

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