The United Arab Emirates has strongly denied reports suggesting the introduction of restrictions on capital movement, dismissing the claims as false and misleading amid ongoing regional tensions. The clarification comes after speculation circulated that foreign investors could face limits on withdrawing funds or leaving the country.

 

Diplomatic adviser to the UAE President, Dr Anwar Gargash, rejected the rumours and cautioned against the spread of misinformation during a sensitive period. He expressed confidence in the country’s resilience, stating that the UAE would emerge stronger despite current challenges and asserting that Iranian aggression would not undermine national stability or progress.

 

In an official statement, the Dubai Media Office also refuted the claims, describing them as “fake news.” The statement read, “Denying false reports. Fake News. The UAE introduces strict laws to prevent foreign investors from withdrawing their capital and leaving Dubai.” It added that such reports, including claims of frozen bank accounts and restrictions on money transfers, were unfounded. Reaffirming investor confidence, the statement concluded, “Fact: The UAE’s economy is strong, and Dubai will continue to remain a global economic hub.” 

 

The Central Bank of the UAE has meanwhile activated a support plan for banks aimed at safeguarding liquidity and ensuring the smooth functioning of the financial system amid heightened regional uncertainty. The measures are understood to include enhanced access to funding facilities, close monitoring of capital flows and coordination with commercial banks to maintain stability in credit markets. Officials say the move is precautionary, designed to reinforce confidence, support banking operations and ensure that businesses and individuals continue to have uninterrupted access to financial services.