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Bank of Egypt branches in UAE functioning
Egyptian Arab Bank has confirmed that all of its branches in the United Arab Emirates continue to operate normally, in line with its commitment to implementing the regulatory measures issued by the U.S. Treasury Department concerning the bank's branch in the UAE. The bank added that it is collaborating with the Central Bank of the UAE and the Central Bank of Egypt to ensure the rights and interests of its clients. It emphasized that the action related to the UAE branch does not impact the bank's activities in Egypt or other countries. Additionally, the bank is studying the implications of these measures and is in contact with the relevant authorities to obtain more information, while the UAE branch continues to provide its services in accordance with applicable regulations.
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