-+ 0.00%
-+ 0.00%
-+ 0.00%
UAE Central Bank to Probe Banque Misr Branches After US Notice
Share
Listen to the news
07:11 AM EDT, 08/30/2026 (MT Newswires) -- The Central Bank of the United Arab Emirates will launch a "special and urgent" probe into Egyptian lender Banque Misr's branches in the emirate after a notice from US authorities. The Middle Eastern regulator said in an Aug. 28 notice that it will investigate the bank's transactions during the period stipulated in the US Treasury notice, along with the companies mentioned. Reuters reported on the same day that the notice is linked to the bank branches' transactions with Iran.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending