PSI DMCC

Last Updated: April 19, 2026

Nationality

United Arab Emirates; United Arab Emirates

Address

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

Reg. ID

DMCC0432, Registration Number; DMCC-30214, License

Official reason

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. PSI DMCC, Kara Industrial Trading GmbH, Good Run Limited, Magellanic Phoenix Marine and Trading Limited, and HSF Dis Ticaret Limited Sirketi are being designated pursuant to E.O. 13871 for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or serves in support of, KSC.

Other Information

https://home.treasury.gov/news/press-releases/jy2270

Date of listing

2024-04-18

Program information

Authority

Program

Executive Order 13871 of May 8, 2019 Imposing Sanctions With Respect to the Iron, Steel, Aluminum, and Copper Sectors of Iran

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

E.O. 13871 authorizes sanctions with respect to the iron, steel, aluminum, and copper sectors of Iran.

Additional Details

SDN

Program URL

https://ofac.treasury.gov/media/14146/download?inline

Have feedback, suggestions or need help navigating sanctions? Let's talk.

Let's discuss how Sanctions Finder can support you or your business or organization.