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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Sanctions on Nicaraguan Officials
The United States has imposed sanctions on two sons of Nicaragua's President Daniel Ortega and Vice President Rosario Murillo. The targeted individuals, Maurice Facundo Ortega Murillo and Daniel Edmundo Ortega Murillo, hold significant government roles. The US accuses the Nicaraguan leadership of consolidating power and suppressing dissent.
## Targeting the Gold Industry
In addition to the sanctions on the presidential couple's sons, the US has also targeted several entities within Nicaragua's gold mining sector. The Treasury Department's Office of Foreign Assets Control (OFAC) identified a network of companies and individuals involved in the gold industry, accusing them of generating foreign currency and laundering assets to support the regime.
## Broader Implications
The sanctions prevent those named from engaging in business or holding assets in the US. This move is part of a broader strategy to pressure the Nicaraguan government, which the US describes as a dictatorship. The sanctions extend to five other individuals and seven businesses linked to the gold sector, reflecting ongoing efforts to curb the regime's financial resources.
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