Estonia announced it was designating Hezbollah as a terrorist organisation last Thursday. Reuters
Estonia announced it was designating Hezbollah as a terrorist organisation last Thursday. Reuters
Estonia announced it was designating Hezbollah as a terrorist organisation last Thursday. Reuters
Estonia announced it was designating Hezbollah as a terrorist organisation last Thursday. Reuters

US puts up $10m reward for information on a Hezbollah financial network


Joyce Karam
  • English
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The US government announced a $10 million reward for information on a Hezbollah financing network to coincide with 37th anniversary of a bomb attack on a Marines barracks in Beirut.

“Help us cut the money flow between Iran and the Lebanese Hezbollah terrorist group,” the State Department’s Reward for Justice programme tweeted on Friday.

The US is seeking information on the activities, networks, and associates of Hezbollah that form a part of its financial support. Specifically it mentioned three key financiers: Muhammad Qasir, Muhammad Qasim Al Bazzal, and Ali Qasir.

Mr Qasir is a “critical link” between the group and its primary funder, Iran, the US said.

“He has been a significant conduit for financial disbursements from Iran’s Islamic Revolutionary Guard Corps (IRGC) – Quds Force (IRGC-QF) to Hezbollah,” the State Department said.

His role, according to the US, involves overseeing front companies to hide IRGC activities in selling oil and gas, and as a way to evade US sanctions. “Qasir directs the Hezbollah unit that assists in the transfer of weapons, technology and other support from Syria to Lebanon,” it added.

Mr Al Bazzal appears to be more active in Syria and in oil as well as aluminium shipments, the State Department said. “A co-founder of the Syria-based Talaqi Group and oversees other terrorist financing enterprises, such as Hokoul SAL Offshore and Nagham Al Hayat. Since late 2018, Al Bazzal has used the Talaqi Group and his other companies to finance, coordinate and obscure various illicit IRGC-QF-linked oil shipments.”

Ali Qasir is the managing director of the Talaqi Group that Mr Bazzal co-founded and a liaison for illicit shipments between Iran, Lebanon and Syria. “Ali Qasir has overseen sales price negotiations and collaborated to cover expenses and to facilitate an Iranian oil shipment by Adrian Darya 1 for the benefit of the IRGC.” Adrian Darya 1 is the super tanker from Iran that the US was tracking in 2019 and has reportedly transferred its oil to Syria in September last year.

All three individuals have previously been designated by the US, but the reward comes on the anniversary of the 1983 Beirut barracks bombings. US Secretary of State Mike Pompeo issued a statement committing to disrupt Hezbollah’s and Iran’s networks.

“On October 23, 1983, Hezbollah carried out a suicide bombing targeting the United States Marine Barracks in Beirut, claiming the lives of 241 American service members…We will never forget their sacrifice,” Mr Pompeo said. Hezbollah has not claimed public responsibility for the attack.

“We renew our commitment to preventing Hezbollah and its sponsor Iran from spilling more innocent blood in Lebanon or anywhere in the world.”

On Thursday, the US sanctioned two members of the Central Council of Hezbollah, Nabil Qaouk and Hassan Al Baghdadi.

Pharaoh's curse

British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.

The specs: Hyundai Ionic Hybrid

Price, base: Dh117,000 (estimate)

Engine: 1.6L four-cylinder, with 1.56kWh battery

Transmission: Six-speed automatic

Power: 105hp (engine), plus 43.5hp (battery)

Torque: 147Nm (engine), plus 170Nm (battery)

Fuel economy, combined: 3.4L / 100km

Tips to stay safe during hot weather
  • Stay hydrated: Drink plenty of fluids, especially water. Avoid alcohol and caffeine, which can increase dehydration.
  • Seek cool environments: Use air conditioning, fans, or visit community spaces with climate control.
  • Limit outdoor activities: Avoid strenuous activity during peak heat. If outside, seek shade and wear a wide-brimmed hat.
  • Dress appropriately: Wear lightweight, loose and light-coloured clothing to facilitate heat loss.
  • Check on vulnerable people: Regularly check in on elderly neighbours, young children and those with health conditions.
  • Home adaptations: Use blinds or curtains to block sunlight, avoid using ovens or stoves, and ventilate living spaces during cooler hours.
  • Recognise heat illness: Learn the signs of heat exhaustion and heat stroke (dizziness, confusion, rapid pulse, nausea), and seek medical attention if symptoms occur.
Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

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Titanium Escrow profile

Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue  
Stage: Early stage
Investors: Founder's friends and Family