TITLE: United States Office of Foreign Assets Control Adds Individuals and Entities to Sanctions Designations List
BODY:
On June 18, 2026, the Office of Foreign Assets Control (OFAC), a division of the U.S. Department of the Treasury, designated three individuals and five entities as specially designated nationals (SDN) pursuant to Executive Order 13224, as amended by Executive Order 13886, and the Hizballah Financial Sanctions Regulations.
The designated individuals are Wael Costanteen (also known as Wael Constantine), based in Baghdad, Iraq and Abra Sidon, Lebanon; Sleiman Antoine Frangie (also known as Sleiman Frangieh, Suleiman Antoine Franjieh, and Sulayman Franjiyah), based in Lebanon; and Mahmoud Qamati (also known as Mahmoud Kamati, Mahmud Qamati, and Mahmoud Qomati), based in Lebanon. All three individuals are subject to secondary sanctions pursuant to the Hizballah Financial Sanctions Regulations under section 1(b) of Executive Order 13224.
The designated entities are Al 'Ahd Company for Trade and Investment (also known as Al-Ahd Trading and Investment Company), based in Damascus, Syria; Al Shafa Administrative Services Limited (also known as "Heal"), based in Baghdad, Iraq; Globe International SPC, based in Muscat, Oman; Globe Technology Providers SARL (also known as Globe Technology Providers), based in Hazmieh, Lebanon; and Tyke SAL (also known as Taek SAL), based in Beirut, Lebanon. All five entities are subject to secondary sanctions pursuant to the Hizballah Financial Sanctions Regulations.
The designations impose comprehensive financial and commercial sanctions on these individuals and entities. U.S. persons are prohibited from engaging in transactions with designated parties, and their assets within U.S. jurisdiction are frozen. The OFAC SDN List is searchable on the OFAC website, and financial institutions and other regulated entities must screen their customers and transactions against this list to ensure compliance with sanctions obligations.