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CATEGORY

United Arab Emirates

Global Response to Bessent’s ‘D-Day’ Iran Sanctions Warning is Mostly Indifferent

Treasury Secretary Scott Bessent kicked off the week with a bold pledge to launch an "economic onslaught" against Iran and its trading partners, aiming...

Banque Misr Branches in the UAE Are Operating Normally, Say Regulators from Egypt and the UAE

The recent concerns raised by the US regarding possible money laundering activities involving Banque Misr have prompted notable responses from the UAE and Egyptian...

UAE to Evaluate Banque Misr Amidst Sanctions Imposed by Iran

The recent allegations against Banque Misr's branches in the United Arab Emirates have raised significant concerns about the bank's potential involvement in supporting Iran....

Iran to Seek Asset Repossessions and Deportations in UAE, According to MP

The Iranian regime finds itself at a precarious crossroads, navigating economic deterioration driven by external pressures and internal discontent. The critical need for hard...

UAE Fostering ‘Dependence Bonds’ via Investments in Africa

The United Arab Emirates (UAE) is increasingly recognized as a pivotal economic and strategic player in Africa. This influence is driven by significant investments...

Banque Misr Announces Review of US-Iran Sanctions Notification|Arab News Japan

Egypt's Banque Misr has announced that it is evaluating a notice from the U.S. Treasury regarding restrictions on U.S. dollar correspondent banking services through...

Palestinians Reflect on Their Connections to the UAE: ‘Both Nations Are My Home’

Members of the extensive Palestinian community in the UAE recently united to express their solidarity and appreciation for their connections to the Emirates at...

US Cuts Ties with UAE Branches of Egypt’s Banque Misr Due to Iranian Connections

US strategies aimed at constraining Iran's economy are beginning to show effects, particularly impacting Banque Misr, a significant Egyptian financial institution. US Treasury Targets Banque...

Sanctions hinder Banque Misr’s UAE branches from obtaining US dollars.

The dynamic between the United States and Iran has always been complex, especially when it comes to economic relations. Recently, Washington has made it...

US Focuses on UAE Branches of Egyptian Bank

The Trump administration is making significant moves to restrict the operations of an Egyptian bank in the United Arab Emirates. This action comes amid...

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