Egypt hosts talks between leaders and international bodies while a Banque Misr branch faces sanctions amid strategic balancing between US and Chinese interests.
6 reports, 1 independent
Updated Sep 2
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What happened
Egypt hosts talks between leaders and international bodies while a Banque Misr branch faces sanctions amid strategic balancing between US and Chinese interests.
Who's involved
What this event is mainly aboutKeep exploring
Part of
US Treasury targets operations of an Egyptian bank in the UAE, amidst G20 finance ministers gathering in Asheville.Also in this story
- US Treasury sanctions target Banque Misr's UAE branch.
- The US has issued a warning against financial ties between an Egyptian bank and the Iranian regime.
- Banque Misr is accused of continued egregious support for the Iranian regime, leading to the revocation of its banking access to U.S. financial institutions.
The entities involved
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Egypt
country in Northeast Africa and Southwest Asia
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Banque Misr
Egyptian bank
Nothing else this week.
Related events
- Heads of state held talks and signed cooperation documents between Egypt and a partner country.
- Egypt hosts international diplomatic meetings while discussing the US-Iran memorandum of understanding.
- Xi Jinping and Egyptian leaders are deepening ties through economic cooperation, including investments in Giza and a new Egyptian-Chinese industrial zone.
- Leaders of China and Egypt participated in the 2013 Doha Round talks, agreeing on global recovery and financial reforms.
- Talks have been held in Egypt regarding the ongoing crisis, with the goal of finding a political solution for Sudan.