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Cober Fzco Dmcc

On the SDN listEntityIRAN-EO13902

Cober Fzco Dmcc (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Program: IRAN-EO13902. Addresses on file in: United Arab Emirates. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

United Arab Emirates has 577 entities, vessels or aircraft with an address on the SDN list, ranking #4 among all countries. Other sanctioned entities with an address in Dubai are listed below.

Sanctions program

Iran: economic sectors (Executive Order 13902) IRAN-EO13902

January 2020 order that allows sanctions on those operating in key sectors of Iran's economy, such as construction, mining, manufacturing and textiles, later extended to petroleum and petrochemicals. It is widely used against networks trading Iranian oil.

Addresses on file

  • Unit No: 1602 SABA 1 Plot No: JLY-PH1-E3A Jumeirah Lakes Towers, Dubai, United Arab Emirates
  • Unit No: 804B Mazaya Business Avenue AA1 Plot No: JLTE-PH2- AA1, Jumeirah Lakes Towers, Dubai, United Arab Emirates

OFAC remarks

Organization Established Date 21 Aug 2023; alt. Organization Established Date 16 Nov 2023; License DMCC-897642 (United Arab Emirates); alt. License DMCC-907831 (United Arab Emirates); Economic Register Number (CBLS) 12155800 (United Arab Emirates); alt. Economic Register Number (CBLS) 12233773 (United Arab Emirates); Linked To: NEST WISE PETROLEUM L.L.C.

Other sanctioned entities in Dubai

Sharing a city does not imply any link between these entities.

Frequently asked questions

What does it mean that Cober Fzco Dmcc is on the SDN list?

It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.

Can a non-U.S. company do business with Cober Fzco Dmcc?

OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.

How does an entity get removed from the SDN list?

A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.

More context: how to check if a company is debarred or sanctioned.