Hybrid Solutions International (HSI)

"The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today designated entities and individuals for supporting Iran’s ballistic missile program and U.S.-designated Iranian airline Mahan Air. Since 2015, HSI Trading FZE, a UAE-based trading company, has worked to provide financial assistance to Mahan Air by transferring funds to assist with Mahan Air’s business acquisitions. HSI Trading FZE has also acted as an intermediary in negotiating the purchase of aircraft on behalf of Mahan Air." (U.S. Treasury Department, "Treasury Sanctions Supporters of Iran's Ballistic Missile Program and Terrorism-Designated Mahan Air." 3/24/2016).