UAE to unlock frozen Iranian funds amid US ceasefire push: Sources (opens original article in a new tab)

The UAE has agreed to unlock billions in funds for Iran as part of efforts to ease regional tensions and support broader US-Iran ceasefire negotiations, with the move aimed at avoiding conflict 'red lines' and protecting UAE's business reputation.

• UAE agrees to unlock billions in funds for Iran to ease tensions and avoid 'red lines'
• Funds are part of broader negotiations between Iran and the US to end the war
• UAE aims to reduce regional tensions and protect its business hub status
• Iran seeks compensation for war damages while the US avoids direct payments