August 28, 2026 · Foreign Policy, War & National Security
Confirmed
Treasury Moves to Cut an Egyptian Bank's UAE Branches Off From the U.S. Financial System Over Iran Ties
The Treasury Department proposed a rule on Aug. 28, 2026 that would sever the United Arab Emirates branches of Banque Misr, Egypt's second-largest bank, from the U.S. financial system, accusing them of serving as an...