UAE Orders Inspection of Banque Misr Branches After U.S. Cites Iran Links
The UAE central bank has ordered an inspection of Banque Misr branches in the UAE following a U.S. Treasury notice citing alleged links to Iran. Banque Misr, an Egyptian bank, is reviewing the sanctions notice and has stated it will cooperate with the U.S. The UAE and Egypt are coordinating on the issue.
Sources
UAE to probe Banque Misr branch after US cites Iran links The Straits Times
UAE, Egyptian central banks say they are coordinating on Banque Misr after US Treasury notice Reuters
UAE, Egypt coordinating on Banque Misr after US Treasury notice on Iran dealings The Times of Israel
Egypt’s Banque Misr reviews US Iran sanctions notice, UAE launches urgent examination Al Arabiya English
The special examination was announced following the U.S. Treasury's decision to exclude these offices from the U.S. financial system circuit due to alleged links with operations related to the Persian regime
UAE central bank to examine transactions at Banque Misr branches Arab News
UAE central bank to inspect Banque Misr branches after US sanctions Middle East Eye
UAE to Investigate Banque Misr Branch After US Cites Iran Links Bloomberg.com
Egypt's Banque Misr reviews US Iran sanctions notice, UAE central bank launches urgent examination Reuters
Egypt's Banque Misr reviewing US Iran sanctions notice Middle East Eye
Egypt’s Banque Misr says it is reviewing US Iran sanctions notice The Times of Israel