The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated  the Yemeni businessman Hamid al Ahmar with other three individuals that are prominent international financial supporters of Hamas, as well as one Hamas-controlled financial institution in Gaza.

Hamid Abdullah Hussein al Ahmar (al Ahmar), a Yemeni national living in Türkiye, is one of the most prominent international supporters of Hamas. He is a key member of Hamas’s once-secret investment portfolio, which at its peak managed over $500 million worth of assets enabling Hamas’s leaders to live in luxury outside the Palestinian territories despite the real humanitarian needs of the people of Gaza. Since at least 2013, Al Ahmar has also been the chairman of the Lebanon-based Hamas sham charity Al-Quds International Foundation, which OFAC designated in October 2012 for being controlled by Hamas. 

Al Ahmar is being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Hamas. Al Ahmar is also being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Al-Quds International Foundation.

OFAC is also designating the following nine entities pursuant to E.O. 13224, as amended, for being owned, controlled, or directed by, directly or indirectly, al Ahmar:

• Al Ahmar Trading Group, based in Yemen.
• Al Ahmar Oils Supply and Distribution, based in Yemen.
• Sama International Media, based in Yemen.
• Al Salam Trading and Agencies General Establishment, based in Yemen. 
• Saba, Trade & Investment S.R.O., based in Czechia.
• Sabafon International SAL (Offshore), based in Lebanon.
• Sabaturk Dis Ticaret Anonim Sirketi, based in Türkiye.
• Vivid Enerji Yatirimlari Anonim Sirketi, based in Türkiye.
• Investrade Portfoy Yonetimi Anonim Sirketi, based in Türkiye.