
US Sanctions Egyptian Bank’s UAE Branches Over Iran Ties
The United States has sanctioned branches of Egypt’s Misr Bank located in the United Arab Emirates for allegedly facilitating financial transactions tied to Iran. The move underscores Washington’s continued efforts to isolate Tehran economically.
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US targets Egyptian bank’s UAE branches under new push for Iran’s economic isolation - AP News
US targets Egyptian bank’s UAE branches under new push for Iran’s economic isolation AP News
Read full article →US Moves Against Egyptian Bank’s UAE Branches Over Iran Ties
The Treasury Department is moving to sever an Egyptian bank’s United Arab Emirates branches from the US financial system as part of efforts to pressure Iran into ending the war in the Middle East.
By Yash Roy
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