Central banks in Egypt, UAE join forces as US moves to cut Banque Misr from dollar system due to Iran links - Business Insider Africa
general 2026/08/31 08:17:43

Central banks in Egypt, UAE join forces as US moves to cut Banque Misr from dollar system due to Iran links - Business Insider Africa

Source:Business Insider
Author:Solomon Ekanem

The central banks of Egypt and the United Arab Emirates are coordinating over Banque Misr after the US Treasury moved to cut the Egyptian bank’s UAE branches from the US financial system over alleged dealings with Iran