US Launches Operation Economic Outcast to Target Iran Economy
President Donald Trump’s administration launched Operation Economic Outcast, a sweeping sanctions campaign targeting Iran’s economic ties across five vital sectors.
Banque Misr
A Core Egyptian Bank Gets Caught Up in Treasury’s Iran Crackdown becomes: Egyptian bank gets caught in Treasury’s Iran crackdown
The U.S. Treasury Secretary Scott Bessent announced the restrictions, stating that Banque Misr UAE had found out the hard way by continuing to support the Iranian regime.
USD to EGP Exchange Rate Steady in Egypt Amid Weekend Bank Closure
Egyptian banks remain closed for the weekly holiday on Saturday, August 8, 2026, leaving official exchange rates steady across the domestic market. As the domestic banking … Read more