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Egypt's Banque Misr reviews US dollar curbs, UAE launches urgent probe over Iran links
Egypt's Banque Misr is reviewing US sanctions targeting its UAE branches for Iran dealings. The UAE central bank has launched an urgent examination of these branches following the US action. This US move is part of a campaign to increase economic pressure on Iran. Banque Misr stated its UAE branch continues to serve customers under applicable rules.
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cryptobriefing.com
US Treasury imposes limits on Egyptian bank for Iran dealings
The US Treasury restricted an Egyptian bank under Operation Economic Outcast, expanding Iran secondary sanctions to cover digital assets, gold,
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arabnews.com
US to set limits on Egyptian bank in effort to pressure Iran: official
WASHINGTON: The Treasury Department is due to cut off a major Egyptian bank’s operations in the United Arab Emirates from the US financial system, an official confirmed Friday, as…
