Al Fida International General Trading


P.O. Box: 28774, Office Tower 16th Floor Flat 1065, Emirates Concorde Hotel, Dubai, United Arab Emirates

Has provided financial services to sanctioned Iranian banks; added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) on May 15, 2013, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems; removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action.

Worked with Al Hilal Exchange to provide Bank Mellat access to foreign currency; administered a transaction between Al Hilal Exchange and Bank Mellat in an attempt to conceal the origins of the funds.

Shares an address with Al Hilal Exchange; business license number 221255 (Dubai).

Mentioned Suspect Entities & Suppliers: 

Date Entered: 

July 24, 2013

Date Last Modified: 

January 16, 2016