
EU and US Restrict Egyptian Bank Over Financial Ties to Iran
Both the European Union and the United States Treasury have imposed restrictive measures on an Egyptian financial institution for maintaining business relationships with Iran. The coordinated action underscores intensified Western efforts to curb Iranian access to international banking channels.
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US Treasury imposes limits on Egyptian bank for doing business with Iran
Measures targeting UAE branches of Banque Misr are part of Trump administration’s efforts to isolate Tehran
Read full article →Treasury moves to sanction UAE branch of Egyptian bank over Iran ties
Banque Misr UAE processed about $1.8 billion over two years for some 100 companies that are potentially part of Iran's shadow banking network, Treasury said.
Read full article →Coverage Timeline
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