War in Iran: the USA will impose restrictions on an Egyptian bank

Author: AfricaNewsPublished on: August 29, 2026Country: United States
PoliticsBusiness & Economy
War in Iran: the USA will impose restrictions on an Egyptian bank

The United States is imposing restrictions on Banque Misr, Egypt's second-largest bank, by blocking its UAE branches from accessing American financial institutions. This measure aims to exert economic pressure on Iran as part of a broader campaign to isolate it economically. The Egyptian central bank stated that it is in contact with American authorities regarding these new measures.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox

Learn more