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Egyptian Bank branches in UAE remain operational
The Central Bank of Egypt and the Central Bank of the United Arab Emirates have confirmed that the branches of Bank of Egypt in the UAE are operating normally. They are continuing to coordinate fully regarding the measures being taken in response to the proposal from the U.S. Treasury Department concerning the regulation of the bank's branches. This comes as part of efforts to support banking stability and to reaffirm the cooperation between the two sides, with the branches undertaking the necessary measures within the specified timeframe to ensure the continuity of banking activities.
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