Treasury Secretary Scott Bessent announced Friday that he is working to cut off bank branches in the UAE from the U.S. financial system.
US sanctions Bank Melli official, targets UAE bank over Iran ties
Treasury promised to sever every economic lifeline Tehran has left and finally end the threat of the Iranian regime,” Scott Bessent, U.S. treasury secretary, said.
Trump Admin Sends a Warning to Allies Funding Iran As the US Severs UAE Bank From the Dollar
Today, under Operation Economic Outcast, @FinCENnews proposed a rule that would revoke Banque Misr UAE’s correspondent banking access to U.S. financial institutions. Additionally, Treasury’s Office of …
UAE transit visa 2026: How to apply, 48- and 96-hour visa fees and requirements
UAE transit visa 2026 guide covering 48- and 96-hour options, eligibility, required documents, application steps via airlines or GDRFA, and the latest fees for stopovers in Dubai and other emirates …
UAE real estate: Dubai, Abu Dhabi and Sharjah property markets surge in first half of 2026
The UAE’s real estate sector has demonstrated robust growth in the first half of 2026, successfully attracting long-term capital and seeing significant performance increases in Dubai, Abu Dhabi, and S …
First Arab Bank Targeted in ‘Economic Pariah’ Campaign: US Treasury Moves to Cut ‘Bank Misr’ UAE Branches Off from Dollar Over Iran Dealings
The US Treasury announced steps to cut off ‘Bank Misr’ UAE branches from the dollar over Iran dealings, marking the first Arab bank targeted in the ‘Economic Pariah’ campaign.
US targets Egypt’s Banque Misr in UAE over Iran support, moves to cut bank off from US system
The United States has moved to cut the UAE branches of Egyptian bank Banque Misr off from the US financial system, accusing the bank of …
US Treasury slaps restriction on Egyptian bank in UAE over Iran trade
The US has fired a significant warning shot at banks in the United Arab Emirates transacting with Iran by imposing restraints on the UAE operations of Egypt’s Banque Misr, even …
US moves to cut Banque Misr’s UAE arm off from dollar system over alleged Iran links
US authorities say Banque Misr UAE processed about $1.8 billion for companies potentially tied to Iranian shadow-banking networks. The proposed restrictions aren’t yet in force.
US Treasury targets Banque Misr’s UAE operations in fresh move to cut Iran’s financial lifelines
The US Treasury has proposed restricting Banque Misr UAE’s access to the US financial system, accusing the bank of processing about $1.8 billion in transactions involving companies potentially linked …
Ron Perlman, Shohreh Aghdashloo & Cuba Gooding Jr. Set For Golden Dunes Jury Duty In Dubai
EXCLUSIVE: Dubai’s reputation as a travel and entertainment destination has taken a battering in recent months as the emirate got caught in the crosshairs of the U.S.-Iran war but this has not put a …
Dubai real estate transactions hit AED 12 billion in a week
Dubai real estate transactions hit AED 12B in a week with 3,657 deals, led by Burj Khalifa and strong off-plan and ready property sales …
UAE spy sheikh holds biggest stake in Trump family crypto bank
Sheikh Tahnoon bin Zayed al Nahyan and co-investors own 49% of the holding company for World Liberty Financial’s planned trust bank …
Abu Dhabi Ice Cream Entrepreneur Uses Her National Crop to Make Healthier Soft Serve
For this native of Abu Dhabi, the date is an icon of her nation’s economy, history, agriculture, and culture of hospitality.
Uttarakhand man works as crane operator in Dubai, earns over Rs 1 lakh monthly
Balwinder Singh, who has been operating cranes since 2005, shared details about his work in Dubai. He revealed that the average monthly salary is around 4,000-4,500 AED and urged people to consider …
Starlink to offer satellite internet in UAE under 10-year licence
UAE authorizes Starlink satellite broadband under a 10-year TDRA licence, boosting resilient digital infrastructure for consumers and key sectors—read more.
Starlink launches in UAE – but is it an alternative to the telecoms duopoly?
New technology expected to significantly increase internet speeds …