US Treasury limits Egyptian bank’s Iran-linked business
By The BriefBrief
The US Treasury imposed limits on Banque Misr for doing business with Iran, targeting the bank’s UAE branches. The move is described as part of efforts to isolate Tehran under the Trump administration.
WHO:US Treasury
WHAT:Imposed limits on Banque Misr for doing business with Iran, targeting its UAE branches
WHEN:Reported Aug 27, 2026 at 8:00 PM ET
WHERE:United Arab Emirates
WHY:To restrict Banque Misr’s Iran-linked business as part of efforts to isolate Tehran.
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