LBCI

US to set limits on Egyptian bank in effort to pressure Iran: Official

Middle East News

28-08-2026 | 10:36

Share

Share

US to set limits on Egyptian bank in effort to pressure Iran: Official

The Treasury Department is due to cut off a major Egyptian bank's operations in the United Arab Emirates from the U.S. financial system, a U.S. official confirmed Friday, as Washington pushes to choke Iran off economically.

The move impacts UAE branches of Egypt's second biggest bank, Banque Misr. U.S. Treasury Secretary Scott Bessent laid out plans earlier this week for Iran's "economic asphyxiation" six months into a war on Tehran.

AFP

Middle East News

US

Limits

Egyptian

Bank

Iran

Next

Israeli settlers stage new attack on home in West Bank's Qusra, witnesses say

Israel army says conducts rare West Bank airstrike on 'several terrorists'

Previous

Recommended For You

A war's leftovers: Cluster munitions threaten northern Israel

News Bulletin Reports

12:55

A war's leftovers: Cluster munitions threaten northern Israel

Saudi Arabia says will not allow threats to its security, Red Sea navigation

Middle East News

12:01

Saudi Arabia says will not allow threats to its security, Red Sea navigation

Trump says Yemen's Houthis are 'behaving very badly'

11:58

Trump says Yemen's Houthis are 'behaving very badly'

Houthi media says Saudi Arabia hit oil facility near Sanaa

Middle East News

10:17

Houthi media says Saudi Arabia hit oil facility near Sanaa

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Lebanon says Israeli strike Saturday killed 11, including six women, child

2026-05-24

Lebanon says Israeli strike Saturday killed 11, including six women, child

Lebanon’s salary dilemma: Public sector demands clash with an empty treasury

News Bulletin Reports

2026-01-31

Lebanon’s salary dilemma: Public sector demands clash with an empty treasury

UAE official says flydubai attack 'terrorist act' as he praises pilot

Middle East News

2026-10-02

UAE official says flydubai attack 'terrorist act' as he praises pilot

Iran postpones state funeral for Khamenei: State TV

Middle East News

2026-03-04

Iran postpones state funeral for Khamenei: State TV

Videos

US on Hezbollah funding and Lebanon’s reconstruction: What did Tommy Pigott tell LBCI? Watch the interview

News Bulletin Reports

2026-10-09

US on Hezbollah funding and Lebanon’s reconstruction: What did Tommy Pigott tell LBCI? Watch the interview

Kaja Kallas tells LBCI about Europe’s planned mission in Lebanon — interview

News Bulletin Reports

2026-10-08

Kaja Kallas tells LBCI about Europe’s planned mission in Lebanon — interview

Heavy rain and flooding hit Lebanon’s Zahle region: Footage

2026-09-18

Heavy rain and flooding hit Lebanon’s Zahle region: Footage

Aoun arrives at Élysée Palace for meeting with Macron—Video

2026-09-17

Aoun arrives at Élysée Palace for meeting with Macron—Video

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

2026-08-06

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

2026-07-24

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

2026-07-20

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

2026-06-26

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

2026-06-26

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

Most read

24 hours

7 days

Month

Fuel prices drop in Lebanon as gas prices rise

1

Fuel prices drop in Lebanon as gas prices rise

President Aoun: Lebanon chose negotiations over war to secure Israeli withdrawal and reconstruction

2

President Aoun: Lebanon chose negotiations over war to secure Israeli withdrawal and reconstruction

Drone sinks ship off Bulgaria coast, PM says

3

Drone sinks ship off Bulgaria coast, PM says

Hezbollah outlines financial aid plan for Lebanese with destroyed homes

4

Hezbollah outlines financial aid plan for Lebanese with destroyed homes

President Aoun calls Saudi crown prince, condemns attacks on civilian facilities

5

President Aoun calls Saudi crown prince, condemns attacks on civilian facilities

Lebanon's FM meets Arab ambassadors in Moscow, discusses regional tensions

6

Lebanon's FM meets Arab ambassadors in Moscow, discusses regional tensions

Yemen's Houthis warn civilians, employees to evacuate Saudi Aramco oil facilities

7

Yemen's Houthis warn civilians, employees to evacuate Saudi Aramco oil facilities

Four explosive shipments seized in Lebanon this month: Were more shipments missed?

8

Four explosive shipments seized in Lebanon this month: Were more shipments missed?

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More