US Sanctions on Banque Misr UAE: Implications for Egyptian Bank

For Egyptian officials, the singling out of Banque Misr UAE in American sanctions was shocking, even if there are multiple rationales through which the move could be read. The announcement of sanctions that came on Friday was the latest move in America’s new strategy to suffocate Iran. In mid August, United States President Donald Trump let it be known that he was fed up. After months of negotiations with Iran […] What’s behind the US sanctions on Banque Misr UAE? first appeared on Mada Masr.