US to set limits on Egyptian bank in effort to pressure Iran: official

The move is part of Washington’s wider effort to pressure Iran by cutting it off from the global financial system.

US Treasury targets Banque Misr’s UAE operations and Iran-linked financial networks as Washington tightens economic pressure on Tehran.

US to set limits on Egyptian bank in effort to pressure Iran The Treasury Department is due to cut off a major Egyptian bank's operations in the United Arab Emirates from the US financial system, a US official confirmed Friday, as Washington pushes to choke Iran off economically. The move impacts UAE branches of

Measures targeting UAE branches of Banque Misr are part of Trump administration’s efforts to isolate Tehran