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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

US Slaps Sanctions on Hamas Official, Finance Network

Hamas Treasury Department Algeria Sudan Turkey Gaza United Arab Emirates United States
Palestinian students supporting the Hamas movement wave the movement's flag as they celebrate a victory in student elections at Birzeit University on the outskirts of Ramallah in the occupied West Bank on May 19, 2022. (AFP)

The United States on Tuesday imposed sanctions on a Hamas finance official and a network of financial facilitators and companies that have generated revenue for the Palestinian movement, the Treasury Department said.

The sanctions target Hamas' Investment Office, which holds assets estimated to be worth more than $500 million, including companies operating in Sudan, Turkey, Algeria and the United Arab Emirates, the department said in a statement.

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