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U.S. targets Egyptian bank's UAE branches under new push for Iran's economic isolation

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U.S. targets Egyptian bank's UAE branches under new push for Iran's economic isolation
PBS NewsHour
PBS NewsHour1 hrs ago
U.S. targets Egyptian bank's UAE branches under new push for Iran's economic isolation
Under a new rule proposed Friday by the Treasury Department, the Emirati branches of Banque Misr, Egypt's second-largest bank, would be severed from access to the U.S. financial system.
US targets Egyptian bank's UAE branches under new push for Iran's economic isolation
The Trump administration is limiting an Egyptian bank's operations in the United Arab Emirates and accusing the financial institution of supporting Iran's leadership
CNBC
CNBC3 hrs ago
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.
Reuters
Reuters4 hrs ago
US hits Egyptian bank branches with Iran sanctions as war marks six months
US hits Egyptian bank branches with Iran sanctions as war marks six months  Reuters
AP News
AP News4 hrs ago
US targets Egyptian bank’s UAE branches under new push for Iran’s economic isolation
US targets Egyptian bank’s UAE branches under new push for Iran’s economic isolation  AP News
Al-Monitor
Al-Monitor🏁 first to report5 hrs ago
US Treasury targets Egyptian bank's UAE branches over Iran dealings
The Treasury Department said Banque Misr's UAE branches had processed over $1 billion for Iranian shadow banking networks.
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