×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: ML | Emirates | Venezuela

UAE Firm Says it Bought 3 Tons of Venezuela Gold

Saturday, 02 February 2019 05:38 AM EST

DUBAI, United Arab Emirates (AP) — An investment firm in Abu Dhabi says it has bought some 3 tons of gold from Venezuela amid that country's political turmoil.

Abu Dhabi's Noor Capital posted a statement on its website early Saturday acknowledging the purchase after being called out in a tweet Thursday by U.S. Sen. Marco Rubio, a Republican from Florida.

Noor Capital said it "does not engage in any illegal or prohibited transactions," saying its Jan. 21 purchase was handled "per international standards and laws in place as of that date."

It added: "Until the situation in Venezuela stabilizes, Noor Capital will refrain from any further transactions."

The United Arab Emirates is a strong ally of the U.S., but has faced increasing criticism from American lawmakers over its conduct in the war in Yemen.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
An investment firm in Abu Dhabi says it has bought some 3 tons of gold from Venezuela amid that country's political turmoil.Abu Dhabi's Noor Capital posted a statement on its website early Saturday acknowledging the purchase after being called out in a tweet Thursday by...
ML,Emirates,Venezuela
133
2019-38-02
Saturday, 02 February 2019 05:38 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved