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


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 7 months

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

Thumb s.o.s 7 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 7 months

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

Thumb justin 7 months

This what happens to corrupt sons in law in civilized countries

محكمة الاستئناف قضت بسجن صهر العاهل الاسباني 5 سنوات

Thumb s.o.s 7 months

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

Thumb justin 7 months

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

Thumb s.o.s 7 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.