UAE denies ‘false’ reports of fund transfer to Iran

•⁠ ⁠The United Arab Emirates denies media reports alleging the government has agreed to release up to $20 billion in frozen assets to Iran.

•⁠ ⁠The UAE says ‘no frozen Iranian funds have been released’.

•⁠ ⁠Reuters quoted four unnamed sources as saying the UAE has agreed to unlock the funds as part of a tactical shift following hundreds of attacks by Iranian projectiles since the start of the war.