UAE to review Banque Misr after Iran sanctions claim
By The BriefBrief
The US Treasury accused Banque Misr’s branches in the UAE of helping Iran, citing sanctions-related concerns. The UAE central bank said it would examine the matter, following the Treasury’s allegations.
WHO:U.S. Treasury Department; UAE central bank
WHAT:U.S. Treasury accused Banque Misr branches in the UAE of helping Iran, and the UAE central bank promised to examine the allegations.
WHEN:Reported Aug 30, 2026 at 10:49 AM ET
WHERE:United Arab Emirates
WHY:The UAE review was triggered by the U.S. Treasury’s accusation that Banque Misr’s UAE branches helped Iran in connection with sanctions concerns.
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