DUBAI: Bahrain’s central bank ordered banks operating in the kingdom to freeze assets and bank accounts of the Qatar-linked 59 individuals and 12 entities that a group of Saudi-led Arab countries have accused of links to terrorism, the state news agency BNA reported on Sunday.
The move came after Saudi Arabia, the UAE, Egypt and Bahrain, who have isolated Qatar by cutting all diplomatic and transport links with it last week, put dozens of figures linked to the country on blacklists.
“The central bank issued a directive to all the financial institutions licensed in the kingdom of Bahrain to freeze accounts, cash, deposits, investments, insurance policies and all the financial transactions of the individuals and entities that were on the terrorism list,” BNA said.
The central bank asked also the banks to provide any information they hold on the members of the list as soon as possible, the statement said.
UAE central bank has also instructed the banks operating in the country to do the same on Friday.
(Reporting By Omar Fahmy)
Bahrain central bank orders banks to freeze assets of Qatar-linked blacklist
Bahrain central bank orders banks to freeze assets of Qatar-linked blacklist
Trump offers to mediate Egypt-Ethiopia dispute on Nile River waters
- Egypt says the dam violates international treaties and could cause both droughts and flooding, a claim Ethiopia rejects
WASHINGTON: US President Donald Trump offered on Friday to mediate a dispute over Nile River waters between Egypt and Ethiopia. “I am ready to restart US mediation between Egypt and Ethiopia to responsibly resolve the question of ‘The Nile Water Sharing’ once and for all,” he wrote to Egyptian President Abdel Fattah El-Sisi in a letter that also was posted on Trump’s Truth Social account.
Addis Ababa’s September 9 inauguration of its Grand Ethiopian Renaissance Dam has been a source of anger in Cairo, which is downstream on the Nile.
Ethiopia, the continent’s second-most populous nation with more than 120 million people, sees the $5 billion dam on a tributary of the Nile as central to its economic ambitions.
Egypt says the dam violates international treaties and could cause both droughts and flooding, a claim Ethiopia rejects.
Trump has praised El-Sisi in the past, including during an October trip to Egypt to sign a deal related to the Gaza conflict. In public comments, Trump has echoed Cairo’s concerns about the water issue.
