Laugfs halts Dubai unit after US sanctions
Laugfs has suspended operations of its Dubai unit SLOGAL Energy DMCC and launched a legal and compliance review after the US Treasury’s Office.
Finance
Business
US sanctions Laugfs Dubai unit over Iran LPG trade
The US Treasury has sanctioned Slogal Energy DMCC, a Dubai-based unit of Sri Lanka’s Laugfs group, for allegedly trading in Iranian LPG. The.
- October 10, 2025