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U.S. targets Egyptian bank's UAE branches under new push for Iran's economic isolation

PBS NewsHour August 28, 2026 5 views
U.S. targets Egyptian bank's UAE branches under new push for Iran's economic isolation

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Under a new rule proposed Friday by the Treasury Department, the Emirati branches of Banque Misr, Egypt's second-largest bank, would be severed from access to the U.S. financial system.

<small>Source: PBS NewsHour — read the original story there.</small>

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