Bahrain Mirror: The Central Bank of the United Arab Emirates (UAE) issued Friday two notices to order banks in the UAE on transactions with Qatari banks to freeze accounts related to an issued "terrorism" list, UAE state news agency WAM reported.

The UAE Cabinet issued Resolution No. 18 of 2017 on the adoption of a joint statement released by Saudi Arabia, the UAE, Egypt and Bahrain, which adds 59 individuals and 12 entities on its lists linked to Qatar and bans them from entering or doing business in the four Arab states.

The central bank ordered banks and other financial institutions operating in the country to search and freeze any account, deposit or investment belonging to any of the persons and entities on the list.

The UAE Central Bank in Abu Dhabi also ordered banks and other financial institutions operating in the country to immediately apply enhanced due diligence procedures on transactions with any of the following Qatari banks: Qatar Islamic Bank, Qatar International Islamic Bank, Barwa Bank, Masraf Al Rayan, Qatar National Bank and Doha Bank. (Xinhua)

Arabic Version