US to set limits on Egyptian bank in effort to pressure Iran
US to set limits on Egyptian bank in effort to pressure Iran The Treasury Department is due to cut off a major Egyptian bank's operations in the United Arab Emirates from the US financial system, a US official confirmed Friday, as Washington pushes to choke Iran off economically. The move impacts UAE branches of Egypt's second biggest bank, Banque Misr. US Treasury Secretary Scott Bessent laid…
We haven't written up this one. Middle East Eye has the full story — the link below goes straight to it.