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

CNBC•Fri, Aug 28, 2026, 04:28 PM•2 min read

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: [CNBC](https://www.cnbc.com/2026/08/28/treasury-uae-banque-misr-sanctions-iran.html)

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