The UAE central bank said it will inspect Banque Misr’s local branches after Washington cut off the bank’s operations in the Gulf state from the US financial system. The move follows the US action affecting Banque Misr’s ability to operate in the UAE.
WHO:UAE central bank
WHAT:Announced it will inspect Banque Misr’s local branches in the UAE
WHEN:Aug 29, 2026
WHERE:United Arab Emirates
WHY:The inspections follow Washington’s decision to cut off Banque Misr’s operations in the UAE from the US financial system.