Seven UAE-based entities, including Capital Tap Holding LLC and Horizon Advanced Solutions General Trading LLC, were hit with US sanctions related to Sudan on January 7.
The sanctioned companies are:
- Capital Tap Holding LLC
- Capital Tap Management Consultancy LLC
- Capital Tap General Trading LLC
- Creative Python LLC
- Emerald & Ruby Gold & Jewelry LLC
- Old Generation General Trading LLC
- Horizon Advanced Solutions General Trading LLC
Following the announcement, the UAE launched its own investigation into the entities and associated individuals, requesting further information from US authorities to support the probe. Authorities have also requested additional information from the US to support the ongoing inquiry.
The Ministry of Justice affirms that none of these seven companies hold a valid commercial license in the UAE, nor do they conduct any business activities within the country. The relevant authorities continue to monitor all potential suspicious activities in accordance with the laws of the UAE.
