Saturday Dec 6, 2025
NEWSLETTER
www.israelhayom.com
  • Home
  • News
    • Israel
    • Israel at War
    • Middle East
    • United States
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
  • In Memoriam
www.israelhayom.com
  • Home
  • News
    • Israel
    • Israel at War
    • Middle East
    • United States
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
  • In Memoriam
www.israelhayom.com
Home News World News

US, Qatar target Hezbollah's financial network with sanctions

"Hezbollah seeks to abuse the international financial system by developing global networks of financiers to fill its coffers and support its terrorist activity," US Treasury Department official says.

by  Neta Bar and Reuters
Published on  09-30-2021 08:40
Last modified: 09-30-2021 08:40
US, Qatar target Hezbollah's financial network with sanctions

Hezbollah leader Hassan Nasrallah

Share on FacebookShare on Twitter

The United States and Qatar took coordinated action on Wednesday targeting a Hezbollah financial network in the Arabian Peninsula, the US Treasury Department said in a statement.

Follow Israel Hayom on Facebook and Twitter 

The Treasury said it designated individuals including Ali Reda Hassan al-Banai, Ali Reda al-Qassabi Lari and Abd al-Muayyid al-Banaiare for having provided financial or material support to Hezbollah, the Lebanon-based Shi'ite Islamist group that Washington has designated as a foreign terrorist organization.

Qatar had also designated the network, the Treasury said, but it did not detail those actions.

"Hezbollah seeks to abuse the international financial system by developing global networks of financiers to fill its coffers and support its terrorist activity," said Andrea Gacki, director of the department's Office of Foreign Assets Control.

"The cross-border nature of this Hezbollah financial network underscores the importance of our continued cooperation with international partners, such as the Government of Qatar, to protect the US and international financial systems from terrorist abuse."

The individuals include citizens of Qatar, Saudi Arabia and Bahrain, as well as a Palestinian, the department said on its website.

Secretary of State Antony Blinken said the move was "one of the most significant joint actions" Washington has taken with a member of the Gulf Cooperation Council and urged other governments to follow suit in targeting Hezbollah.

Bahrain had also concurrently frozen bank accounts related to the network and referred three individuals to its prosecutor's office, Blinken said in a statement.

Subscribe to Israel Hayom's daily newsletter and never miss our top stories!

Related Posts

US envoy: F-35 deal breakthrough within 6 monthsIDF Spokesperson's Unit

US envoy: F-35 deal breakthrough within 6 months

by Miri Weissman

US Ambassador to Turkey and Special Envoy to Syria Tom Burke said Friday he believes the obstacles preventing US approval...

Greece unveils plan to deploy missiles across Aegean islands

Greece unveils plan to deploy missiles across Aegean islands

by Dudi Kogan

Greek defense minister has revealed a plan to deploy missiles across the Aegean islands, calling Turkey “the greatest threat”. Large...

Maduro's last stand? Qatar exile reportedly explored by USJuan BARRETO / AFP; AP; Getty Images/ imagean;

Maduro's last stand? Qatar exile reportedly explored by US

by Erez Linn

US officials discuss allowing Venezuelan President Nicolas Maduro to relocate to Qatar as Trump administration weighs strikes inside territorial waters...

Menu

Analysis 

Archaeology

Blogpost

Business & Finance

Culture

Exclusive

Explainer

Environment

 

Features

Health

In Brief

Jewish World

Judea and Samaria

Lifestyle

Cyber & Internet

Sports

 

Diplomacy 

Iran & The Gulf

Gaza Strip

Politics

Shopping

Terms of use

Privacy Policy

Submissions

Contact Us

About Us

The first issue of Israel Hayom appeared on July 30, 2007. Israel Hayom was founded on the belief that the Israeli public deserves better, more balanced and more accurate journalism. Journalism that speaks, not shouts. Journalism of a different kind. And free of charge.

All rights reserved to Israel Hayom

Hosted by sPD.co.il

  • Home
  • News
    • Israel at War
    • Israel
    • United States
    • Middle East
    • Sports
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
    • Environment & Wildlife
    • Health & Wellness
  • In Memoriam
  • Subscribe to Newsletter
  • Submit your opinion
  • Terms and conditions

All rights reserved to Israel Hayom

Hosted by sPD.co.il

Newsletter

[contact-form-7 id=”508379″ html_id=”isrh_form_Newsletter_en” title=”newsletter_subscribe”]

  • Home
  • News
    • Israel at War
    • Israel
    • United States
    • Middle East
    • Sports
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
    • Environment & Wildlife
    • Health & Wellness
  • In Memoriam
  • Subscribe to Newsletter
  • Submit your opinion
  • Terms and conditions

All rights reserved to Israel Hayom

Hosted by sPD.co.il