Finance & Fintech · Funding signal

Egyptian state bank to acquire Banque Misr’s UAE branches after US links 103 companies to Iran’s shadow banking network

Egyptian state bank to acquire Banque Misr’s UAE branches after US links 103 companies to Iran’s shadow banking network — the desk wire, 23 September 2026. Egypt’s largest state-owned bank is moving to acquire the UAE operations of another government-controlled lender weeks after the United States threatened to cut the branches off from the American financial system over their alleged role in Iran’s shadow banking network.

Updated 23 September 2026 · First published 23 September 2026

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