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UAE banks face Iran sanctions test

The United Arab Emirates is emerging as an early test case for Washington’s new sanctions campaign against Iran.

Banque Misr or Egypt bank building, Egyptian bank co-founded by industrialist Joseph Aslan Cattaui Pasha and economist Talaat Harb Pasha in 1920, is pictured in this photo taken in Cairo, Egypt, on June 18 2025. — Getty

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The United Arab Emirates is facing an early test of Washington’s renewed economic campaign against Iran. 

For Abu Dhabi, pressure on Tehran is increasingly playing out on two fronts: across the Gulf and inside the financial system that helped make the Emirates a regional commercial hub.

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