Last Updated: January 19, 2026
GENERATION TRADING FZE
Aliases
GENERATION TRADING FREE ZONE ESTABLISHMENT
Nationality
United Arab Emirates
Address
Al-Sabkha Tower, Baniyas Road, 109, Floor 8, Suite 810, Al-Sabkha, Deira, Dubai, United Arab Emirates; Business Center, Rakez, Ras al-Khaimah, United Arab Emirates
Reg. ID
5020355, License
Official reason
U.S.-sanctioned Generation Trading FZE has been used as part of this network to receive millions of dollars’ worth of payments from SEZ Alabuga and its subsidiaries as part of Russia’s contract with MODAFL. Generation Trading FZE was designated on February 23, 2024 pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or...
Other Information
https://home.treasury.gov/news/press-releases/jy2295
Date of listing
2024-02-23
Program information
Authority
US
Program
Iranian Financial Sanctions Regulations, 31 CFR part 561
Regime
OFAC country specific
Target State
Iran
Measures
Blocking Property, Suspending Entry, Trade sanctions
Sanctions Portfolio
• https://ofac.treasury.gov/faqs/topic/1551
Official Information
On August 16, 2010, OFAC issued the Iranian Financial Sanctions Regulations, 31 CFR part 561 (75 FR 49836, August 16, 2010) (IFSR) to implement provisions of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Pub. L. 111–195) (22 U.S.C. 8501–8551). Since then, OFAC has amended the IFSR several times.
Additional Details
SDN
Program URL
https://www.ecfr.gov/current/title-31/subtitle-B/chapter-V/part-561