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US Treasury Sanctions UAE Branch of Banque Misr Over Iran Links

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Key takeaways

  • The US Treasury has sanctioned the UAE branch of Banque Misr for processing $1.8 billion for companies linked to Iran's shadow banking network.
#Sanctions#Banking#Iran#UAE

Analysis

The US Treasury has sanctioned the UAE branch of Banque Misr for processing $1.8 billion for companies linked to Iran's shadow banking network.

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