Last Updated: January 19, 2026
ACE BEARINGS FZE
Nationality
United Arab Emirates
Address
P O Box 18104, Warehouse No RA08TB03P, Jebel Ali, Dubai, United Arab Emirates
Reg. ID
3291, License
Official reason
Pursuant to section 1(a)(i) of E.O. 14024, the following entities are being designated for operating or having operated in the technology sector of the Russian Federation economy: ACE BEARINGS FZE (ACE BEARINGS) is a UAE-based entity that shipped over $1 million of CHPL items to Russia-based companies, including LIMITED LIABILITY COMPANY ARMEKS and...
Other Information
Date of listing
2025-01-15
Program information
Authority
US
Program
Executive Order 14024 of April 15, 2021 Blocking Property With Respect To Specified Harmful Foreign Activities of the Government of the Russian Federation
Regime
OFAC country specific
Target State
Russia
Measures
Blocking Property, Suspending Entry, Trade sanctions
Sanctions Portfolio
• https://ofac.treasury.gov/faqs/1127 • https://ofac.treasury.gov/faqs/1029
Official Information
In response to the Russian Federation’s continued use of its military-industrial base to support its aggression against Ukraine, the President has issued an Executive Order (E.O.) amending E.O. 14024 that provides the Office of Foreign Assets Control (OFAC) with new authorities to target foreign financial institutions for engaging in certain transa...
Additional Details
SDN / NS-MBS / CAPTA
Program URL
1.https://www.federalregister.gov/documents/2021/04/19/2021-08098/blocking-property-with-respect-to-specified-harmful-foreign-activities-of-the-government-of-the 2.https://ofac.treasury.gov/media/932436/download?inline