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PoliticsTreasury moves to sanction UAE branch of Egyptian bank over Iran ties

The Treasury Department said Banque Misr’s UAE branch processed about $1.8 billion over two years for roughly 100 companies that may belong to Iran’s shadow banking network, prompting the move toward sanctions.

Treasury DepartmentsanctionsIranUnited Arab Emirates

CCNBC★★★★☆2026-08-28 15:48Original

Treasury moves to sanction UAE branch of Egyptian bank over Iran ties
Treasury moves to sanction UAE branch of Egyptian bank over Iran tiesPolitics