Report: 'Hizbullah-Linked' Moguls Exploiting UAE Real-Estate Market

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Two Lebanese businessmen sanctioned by the U.S. for allegedly helping Hizbullah "covertly purchase sophisticated electronics" for military drones have at least one property in Dubai, although the UAE opposes Iran-backed Hizbullah and has placed it on its terror list, a new report released Tuesday alleges.

The report by the Washington-based Center for Advanced Defense Studies identifies the two businessmen as Kamel and Issam Amhaz.

It also identifies another nearly $70 million in Dubai properties owned by two other shareholders in Amhaz's sanctioned firms.

The report relies on alleged leaked property data from the city-state.

The government-run Dubai Media Office said it could not comment on the report.

Comments 7
Thumb s.o.s 2 months

Seize it and auction it off with all of his belongings.

Thumb s.o.s 2 months

Jamil Sayed’s son has millions stashed in Dubai.... why aren’t the authorities doing anything about it? None of it is Halal.

Thumb barrymore 2 months

Known smugglers and money launderers; started their fortunes smuggling phones and gold.

Thumb justin 2 months

This what happens to corrupt sons in law in civilized countries

محكمة الاستئناف قضت بسجن صهر العاهل الاسباني 5 سنوات
https://www.lebanese-forces.com/2018/06/12/court-of-appeal-sentenced-the-son-of-the-son-of-the-spanish-monarch-to-5-years/

Thumb s.o.s 2 months

Do you still have doubts about Lebanon? :) it’s over dude, the country is screwed for good.

Thumb justin 2 months

designer glasses and a cigar: signs of newly acquired riches.

Thumb s.o.s 2 months

He may have the look, like most novorich, but he doesn’t have the education and good manners. That’s why these people will always be inferior.