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Today's Paper | May 12, 2026

Published 28 Jun, 2024 08:15pm

EU imposes sanctions on Hamas financiers

The European Union has imposed asset freezes and visa bans on several firms and individuals accused of helping to finance Palestinian fighter group Hamas, Brussels said, AFP reports.

Among the latest targets were three front companies used by key financier Hamza Abdelbasit to funnel funds to the group, including Spanish real estate firm Al Zawaya Group, and two others based in Sudan, an EU statement said.

Also hit were the head of Hamas’ “foreign investment activities”, a money changer enabling transfers from backer Iran and the official in charge of the groups “Charitable Institutions Association”, it said.

The EU said in addition it was imposing sanctions on Ali Morshed Shirazi, a senior Iranian Islamic Revolutionary Guard Corp official overseeing Tehran’s links to Palestinian groups from Lebanon.

Top Hamas official Maher Rebhi Obeid “responsible for directing Hamas’ terrorist operatives in the West Bank” was also put on the list.

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