Authorities in the United Arab Emirates announced that they have dismantled a terrorist network allegedly funded and operated by Lebanon's Hezbollah and by Iran. Officials said members of the group have been arrested.

According to the state news agency, the network was involved in money laundering, financing terrorism, and activities that threatened national security. It reportedly operated under a fictitious commercial cover to infiltrate the national economy.

Officials added that the group sought to carry out external schemes aimed at undermining the country's financial stability. There has been no immediate response from Hezbollah or from Iran regarding the allegations.