The Hospital Closed. We Didn’t. Here’s Why. — Globex Horizon

The Iranian hospital in Dubai was closed. Iranian schools were shut down. We know you’ve seen the news. Scroll down — we address it directly, point by point.

Investor Transparency · Globex Horizon

The hospital
closed because
it was Iranian
state-owned.
We are not.

The UAE shut down the Iranian hospital, Iranian schools, and the Iranian Club. Every single one was directly owned or operated by the Iranian government or Iranian state bodies. Globex Horizon is a privately-owned UAE commercial company. The distinction is not subtle — it is the entire legal difference.

Ask Us Anything See the full breakdown ↓
What was shut down vs what we are
🏥
Iranian Hospital (Closed)
Run by the Iranian Red Crescent Society — an arm of the Iranian state. Shut under UAE targeted measures against institutions directly linked to the Iranian regime.
🏫
Iranian Schools (Closed)
Licensed and operated by Iranian government bodies. Revoked by KHDA under the same state-institution crackdown.
🏢
Globex Horizon / Elaris (Operating)
Privately owned UAE LLC. No state ownership. No Iranian government link. DED-licensed commercial business — founded by a UAE resident in 1998.
UAE official to AFP, March 2026: “Certain institutions directly linked to the Iranian regime and IRGC will be closed.” Globex Horizon meets none of those criteria.
The only question that matters

State institution
or private business?

Every entity the UAE closed in March 2026 shared one characteristic: it was owned, operated, or directly controlled by the Iranian government or Iranian state bodies.

The hospital was run by the Iranian Red Crescent Society — a state body. The schools operated under Iranian government licences. The Iranian Club was a government-affiliated cultural institution.

The UAE government confirmed: closures applied to “institutions directly linked to the Iranian regime and IRGC.” Not to Iranian founders. Not to Iranian nationals. Not to privately-owned businesses.

Globex Horizon was incorporated in the UAE in 1998 by a private individual. It has never had any state ownership, state funding, government board members, or Iranian government link of any kind. The measure that closed the hospital has no legal basis to apply here — because Globex Horizon does not meet the definition it targets.

✕  Closed by UAE
✓  Globex Horizon
Iranian state-owned or state-operated
UAE-incorporated private LLC — no state link
Owned by Iranian government bodies
Owned by a private UAE resident since 1998
Funded or directed from Tehran
Zero funding or direction from Iran
Served as state institution for Iranian community
Serves paying commercial clients of all nationalities
Targeted under regime-linked entity measures
Not targeted. All branches operating today.
News & official sources

What credible sources
actually say. Read them
yourself.

These are real news articles and official statements. Every claim on this page is sourced. Click any headline to read the full report.

🏛️ UAE Ministry of Foreign Affairs · Official Statement
“The UAE’s international relations and defense partnerships are an exclusively sovereign matter. Any rhetoric involving direct or indirect threats constitutes unacceptable conduct.”
Why it matters: Confirms UAE acts on its own sovereign terms — not under Iranian pressure or direction. Your investment sits within UAE jurisdiction.
mofa.gov.ae ↗
📰 CNBC · March 6, 2026
“Targeted asset freezes of UAE-based shell companies and a crackdown on local currency exchanges at the center of Iran’s financial plumbing.”
Why it matters: Confirms the crackdown is specifically targeted at shell companies and currency exchanges — not licensed commercial businesses.
cnbc.com ↗
📰 Iran International · April 2, 2026
“UAE authorities detained dozens of money changers tied to financial entities linked to Iran’s Revolutionary Guards, shut down associated companies and closed their offices.”
Why it matters: The arrests were IRGC-linked money changers — not Iranian nationals running legitimate businesses.
iranintl.com ↗
📰 ZeroHedge · March 2026
“Any move is likely not to apply to all accounts held by Iranian companies and nationals, of which there are hundreds of thousands.”
Why it matters: Analysts explicitly confirm the action cannot and will not sweep all Iranian-founded businesses — the scale would be impossible.
zerohedge.com ↗
📰 The National · March 4, 2026
“Business activity continues for UAE companies despite Iran war. ADNOC and AD Ports report being fully operational.”
Why it matters: UAE’s own national newspaper confirms commercial business activity is continuing normally despite the conflict.
thenationalnews.com ↗
🏛️ UAE Official to AFP · March 21, 2026
“Certain institutions directly linked to the Iranian regime and IRGC will be closed under targeted measures. These measures are administrative in nature.”
Why it matters: The UAE government itself defined the scope — “directly linked to the Iranian regime and IRGC.” Globex Horizon meets neither criterion.
brecorder.com / AFP ↗
📰 AGBI · March 9, 2026
“UAE appeal for companies endures despite Iran conflict. The flow of companies and UHNWIs into the region should continue.”
Why it matters: Independent business analysts confirm Dubai remains a viable investment destination during the conflict.
agbi.com ↗
📰 Gulf News · Dubai Chamber of Commerce
“Private companies in Dubai remain free to sign deals with Iranian counterparts. Business is normal, there is nothing that prohibits companies from Dubai doing business with Iran.” — Dubai Chamber Chairman
Why it matters: Dubai Chamber confirmed private commercial activity between UAE and Iranian-linked businesses has never been broadly restricted.
gulfnews.com ↗
Every hard question

The concerns
investors are asking.
Answered directly.

We don’t deflect. We don’t minimise. We answer each concern with facts.

Hospital Question
“The Iranian hospital was older and more established. If they closed that, why would Globex Horizon be safe?”
▼
✓
Direct answer
The hospital was closed because of what it was, not how old it was. It was run by the Iranian Red Crescent Society — an official Iranian state body. A UAE official confirmed closures applied to “institutions directly linked to the Iranian regime and IRGC.” Age was irrelevant. State ownership was everything. Globex Horizon has no state ownership, no government directors, and no Iranian regime link. It is a private UAE company. The same measure that closed the hospital has no legal basis to apply to Globex Horizon.
Escalation Risk
“The situation is still escalating. What if the UAE broadens the crackdown to all Iranian-founded businesses?”
▼
✓
Direct answer
Dubai’s entire economy is built on foreign founders. Emiratis are approximately 11% of Dubai’s population. A broad crackdown on all businesses founded by people of Iranian origin would shut down thousands of legitimate UAE companies and destroy the commercial model Dubai has built over 40 years. The UAE government has been precise and deliberate in its targeting — state institutions and IRGC-linked financial networks — because it understands the economic cost of going broader. There is no policy, statement, or legal basis indicating this will change.
Asset Freeze
“The UAE is freezing Iranian assets. Could my investment get frozen?”
▼
✓
Direct answer
The asset freezes reported by WSJ and CNBC in March 2026 targeted IRGC-linked shell companies, front companies masking Iranian oil revenues, and informal currency exchanges used for sanctions evasion. Analysts cited in those same reports noted explicitly that moves are “likely not to apply to all accounts held by Iranian companies and nationals, of which there are hundreds of thousands.” Your investment is in a UAE-registered salon business generating revenue from clients paying for beauty services. There is no sanctionable transaction in that chain.
Verification
“How do I know Globex Horizon isn’t secretly connected to the Iranian government?”
▼
✓
Direct answer
Globex Horizon’s UAE trade licence and DED registration are publicly verifiable through official UAE government portals. The ownership structure is documented in the UAE commercial registry — a private individual, not a state body. Beyond documents: if there were a state connection, it would have surfaced under the intense scrutiny UAE authorities have applied to Iranian-linked entities since February 2026. It hasn’t — because there isn’t one.
Legal Protection
“What legal protection do I have as an investor?”
▼
✓
Direct answer
Every investor receives a formal bilateral investment agreement executed under UAE Commercial Law — documenting your investment, return schedule, quarterly reporting rights, and exit terms. Enforceable in UAE courts. We are transparent about what we don’t offer: no third-party escrow, no external audit. What we offer beyond the document is 27 years of Globex Horizon operating in UAE without a single investor dispute or broken commitment.
Pezhman Ebad
Pezhman Ebad
Founder · Globex Horizon & Elaris
A personal statement
“The hospital closed because the Iranian state owned it. I own Globex Horizon. I am not the Iranian state.”

I understand the fear. When investors see that the UAE closed a prominent Iranian institution in Dubai — one that had been there for over 50 years — the natural question is: who is next?

The answer is in the legal structure, not the passport. Every institution the UAE closed was owned or operated by the Iranian government. The hospital was run by the Iranian Red Crescent Society. The schools operated under Iranian ministry licences.

Globex Horizon was founded by me, personally, as a private UAE company in 1998. It has no government shareholders. No state funding. No Iranian regime connection. I have lived in Dubai for 27 years, paid UAE taxes, employed UAE-resident staff, and served clients from every nationality in this city.

If you want to meet me before you decide, I welcome it. Bring your lawyer. I have nothing to hide — and everything I’ve built to show for it.

Pezhman Ebad
Founder & CEO · Globex Horizon LLC · Dubai, UAE · Est. 1998
Why your investment is protected

Six facts that
cannot be undone.

🏢
UAE Entity, Not Iranian
Incorporated under UAE Commercial Law since 1998. Your contract is with a UAE company. The founder’s birthplace is legally irrelevant to the agreement.
🔑
Private Ownership Only
A single private owner. No government, no state body, no IRGC link. The exact characteristic that separates it from every institution the UAE has targeted.
📋
Signed Investment Agreement
A formal agreement under UAE Commercial Law — investment, return schedule, quarterly reports, exit terms. Enforceable in UAE courts.
🏪
DED-Licensed Operations
Every Elaris branch holds a valid Dubai DED licence — publicly verifiable, renewed annually. Licensed operating businesses are the opposite of what is being targeted.
👁️
Open-Door Transparency
Walk into any branch today unannounced. 130+ real clients, every day. You cannot fake 27 years of continuous commercial operation.
📞
Direct Founder Access
Pezhman Ebad answers investor questions personally. Bring your lawyer. Bring your financial advisor. Every concern answered on the record.
Make an informed decision

We’d rather you ask
every question than
invest with doubt.

Bring the hospital. Bring the headlines. Bring your lawyer. We will answer all of it — directly, on the record.

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