UAE Is Not Blocking Transactions Between Lebanon

Information circulated throughout the previous few days claiming that UAE banks have stopped transfers and monetary transactions with Lebanon because of Lebanon’s classification as a high-risk nation. That is after a WhatsApp chat made its approach on-line:

Nevertheless, the Performing Governor of the Financial institution of Lebanon, Wassim Mansouri, denied this information, stating that the banking relationship between the Emirates, the Central Financial institution, and banks in Lebanon stays the identical with none change or modification.