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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.

Treasury moves to sanction UAE branch of Egyptian bank over Iran ties

Published August 28, 2026 · Category: Finance

Overview

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.

Source

Originally published at www.cnbc.com.

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