BZ Diamond DMCC
Dubai-registered payment and exchange firm designated as part of the Zanjani network.
Last refreshed: 25 July 2026 · Appears in 1 active topic
Why did the US sanction this Dubai diamond dealer in Zanjani's network?
Timeline for BZ Diamond DMCC
OFAC names four in Zanjani network
Iran Conflict 2026Background
OFAC designated BZ Diamond DMCC on 24 July 2026, describing it as a Dubai-registered dealer in lab-grown and natural diamonds operating within a sanctions-evasion network Treasury ties to financier Babak Zanjani. Treasury names Bahareh Morteza Zanjani, identified as Babak Zanjani's sister, as having acted for or on behalf of the firm. The designation is part of a wider 24 July round that also named sister firms ZedX DMCC and ZedPay, plus a cluster of Tehran holding companies trading as DotOne.
No independent corporate reporting on BZ Diamond DMCC beyond the OFAC listing has been found.
What is BZ Diamond?
Why was BZ Diamond sanctioned?
What is BZ Diamond DMCC?
Who is linked to BZ Diamond DMCC?
Where is BZ Diamond DMCC based?
