PSI DMCC

ifmat-blackcompanies

PSI DMCC, based in Dubai, is an affiliate of KSC, which both helps to source parts and materials needed for steel production from foreign suppliers on behalf of KSC, and also facilitates steel exports on behalf of KSC

Country:

United Arab Emirates UAE  

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
PSI DMCC, based in Dubai, is an affiliate of KSC, which both helps to source parts and materials needed for steel production from foreign suppliers on behalf of KSC, and also facilitates steel exports on behalf of KSC. PSI DMCC has helped KSC source the equivalent of hundreds of millions of dollars’ worth of parts used in the production process as well as facilitating the export of steel products from KSC to overseas buyers.

KSC is one of Iran’s largest steel producers, including its top producer of steel bars. KSC’s production and sale of steel brings in billions of dollars of revenue for the Government of Iran annually. KSC was designated pursuant to E.O. 13871 on January 10, 2020 for operating in the iron, steel, aluminum, or copper sectors of Iran.

Also Known As:
Arabic: بي إس آي م.د.م.س

Organization Established Date:
18 Jun 2005

Country:
United Arab Emirates

Address:
Unit No: AU-30-A, Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates

License:
DMCC-30214 (United Arab Emirates)

Registration Number:
DMCC0432 (United Arab Emirates)

Economic Register Number (CBLS):
11459277 (United Arab Emirates)

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on April 18, 2024 pursuant to Executive Order 13871 for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or serves in support of, KSC;