Publication:
Related Country:
- Iraq
- Lebanon
- Turkey
- United Arab Emirates
Iran has sent hundreds of millions of dollars to Hezbollah since late 2024 using money exchanges and other companies in located in Dubai, in order to help Hezbollah rebuild after its war with Israel. The transactions are often carried out using the hawala system of parallel accounts between dealers in Dubai and Lebanon. According to Arab officials, Iran has also sent couriers with small amounts of cash and jewelry to avoid Lebanese airport controls that have been tightened as a result of the Israel-Hezbollah ceasefire agreement. According to a senior U.S. official, the United States is also concerned about funds being smuggled from to Hezbollah through Turkey and Iraq and wants Lebanon to shut down the Hezbollah-linked financial institution Al-Qard Al-Hassan.
