The central banks of Egypt and the United Arab Emirates are coordinating over Banque Misr after the US Treasury moved to cut the Egyptian bank’s UAE branches from the US financial system over alleged dealings with Iran

The US Treasury restricted an Egyptian bank under Operation Economic Outcast, expanding Iran secondary sanctions to cover digital assets, gold,

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…