{
  "id": 9350098,
  "title": "UAE bans Iran's Bank Melli from operating in the country",
  "url": "https://urgent.news/2026/09/23/uae-bans-irans-bank-melli-from-operating-in-the-country-9350098",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-23T14:17:36.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40440870/uae-bans-irans-bank-melli-from-operating-in-the-country"
  },
  "original_language": "en",
  "account": "The United Arab Emirates' central bank has barred Iran's Bank Melli from operating within the UAE, citing violations of regulatory guidelines. This decision comes in the wake of the UAE's suspension of all trade, commercial exchanges, and financial transactions with Iran, effective immediately. The conflict between Iran and the UAE intensified following the start of the US war on Iran at the end of February, during which Iran has launched attacks against neighboring countries allied with the US, including the UAE. Bank Melli has been operating in the UAE since 1969, establishing seven branches across various emirates, with its main office located in Dubai, as per its website. Historically, the UAE has been one of Iran's most crucial economic lifelines, with Dubai's banks holding substantial Iranian-linked deposits, many of which remain immobilized under US sanctions. It remains unclear whether the central bank's decision represents an expansion of curbs in response to US Treasury sanctions imposed against Bank Melli, as the US Treasury has not yet commented on the matter.",
  "summary": "The United Arab Emirates’ central bank on Wednesday barred Iran’s Bank Melli from operating in the UAE, citing breaches of regulatory requirements. The move follows the UAE’s decision in August to suspend all trade, commercial exchanges and financial transactions with Iran until further notice. Iran has attacked neighbouring countries allied to the US, including the UAE, since the start of the US…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "UAE bans Iran's Bank Melli from operating in the country",
        "url": "https://urgent.news/2026/09/23/uae-bans-irans-bank-melli-from-operating-in-the-country",
        "published": "2026-09-23T14:18:33.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}