September 12, 2026

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

Business CNBC
Image: CNBC

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.

CNBC reported this story. Read the full report on cnbc.com →

This is a short summary. CNBC wrote and published the full report.

Continue on cnbc.com →

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