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EconomyUAE and Egyptian central banks coordinate over Banque Misr after U.S. Treasury notice

The central banks of the United Arab Emirates and Egypt said on Sunday they were coordinating over Banque Misr. The statement followed a U.S. Treasury announcement that dollar transactions at all of the bank’s UAE branches would be cut off because of its dealings with Iran.

Banque MisrUAEEgyptdollar transactions

RReuters★★★☆☆2026-08-30 20:05Original

UAE and Egyptian central banks coordinate over Banque Misr after U.S. Treasury notice
UAE and Egyptian central banks coordinate over Banque Misr after U.S. Treasury noticeEconomy