US cuts off major Egyptian bank from global financial system
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Source: Middle East Eye
Published: 2026-08-29 06:25 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Middle East, Iran, Economy & Finance, World News, US Politics, Business & Economy
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Snippet:
The US Treasury on Friday announced plans to cut off Banque Misr's branches in the United Arab Emirates from the global financial system, as the Trump administration seeks to "asphyxiate" what it said were Iran's "enablers".
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