US Treasury imposes more sanctions on Hezbollah-linked Lebanese nationals
January 22, 2022, 8:46 am

US Treasury imposes more sanctions on Hezbollah-linked Lebanese nationals

US Treasury Department building/Official Facebook page

The Arab News reported that the United States on Friday imposed sanctions on three Lebanese nationals and 10 companies it said were part of an international Hezbollah network, accusing them of evading sanctions on the powerful group with an armed militia that is designated as a Foreign Terrorist Organization by Washington.

The US Treasury Department in a statement said it designated Adnan Ayad, who it said was a Hezbollah member and businessman, as well as other members of an international network of facilitators and companies connected to him and his business partner, Adel Diab, who was designated by Washington on Tuesday.

Friday’s move comes after the United States on Tuesday imposed sanctions on three businessmen, including Diab, with ties to Hezbollah, saying their activity as financial facilitators for the Iran-backed group was exploiting Lebanon’s economic resources at a time of crisis for that country.

“Treasury is committed to disrupting Hizballah’s illicit activity and attempts to evade sanctions through business networks while the group doubles down on corrupt patronage networks in Lebanon,” Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson said in the statement on Friday.

USA imposes sanctions on 3 Lebanese businessmen with ties to Hezbollah

Lebanon’s economy has been in crisis since 2019 when it collapsed under a mountain of debt. Its currency plunged to a new low last week, and swaths of the country have been driven into poverty.

Lebanon’s Cabinet will hold its first meeting in three months next week, local media reported on Monday, after Hezbollah and another group, Amal, ended their boycott of the Cabinet over the weekend.

US to propose UN sanctions on multiple North Koreans

The two groups, which back several ministers, had been boycotting the Cabinet in a dispute over the conduct of an investigation into a huge explosion at Beirut’s port in 2020.

Source: arabnews

Biden needs to put the Houthi militia on the terrorist list Police arrest one of Britain's most wanted fugitives in Spain

BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”