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On August 31, in coordination with the Republic of Korea (South Korea) and Japan, the US Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned two individuals.
The move is part of a collaboration with collaboration with Mark AB Capital, a UAE based private equity company and with the support of the UAE Government to establish a state-of-the-art facility in Al Ain, Abu Dhabi and transfer specific know how and technologies. The UAE investors take 49% of the venture.