Middle East
Egypt· CairoUS sanctions Egypt's Central Bank over alleged Iran ties, UAE offers support
The US Treasury Department has imposed sanctions on Banque Misr, Egypt's central bank, for alleged financial dealings with Iran, prompting a joint statement of coordination from the central banks of Egypt and the UAE.
Quorum · collective opinions
Egypt's Central Bank faces US sanctions over alleged Iran ties, UAE offers support
First report 13h agoLast update 7h ago2 takes▼ 2
concern over iran pressurenegativeShow 1 post
started 7h ago•Last update 7h ago
There is an expectation of new US secondary sanctions weekly, aiming to increase pressure on Iran, which could impact other nations like Egypt.
coordination against sanctionsnegativeShow 3 posts
started 13h ago•Last update 9h ago
The central banks of Egypt and the UAE are coordinating to enable Banque Misr to resume normal operations following US sanctions related to Iran.
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