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Lebanon Debate
UAE Central Bank Reviews Bank of Egypt Branches
The Central Bank of the United Arab Emirates has begun examining available options regarding the status of the branches of Bank Misr located in the country, within the framework of the regulatory procedures in place. This came after a U.S. statement concerning the bank's branches in the UAE. A thorough review and comprehensive inspection of the branches have been conducted in line with developments related to the American stance. Meanwhile, Lebanon experienced heavy rainfall and thunderstorms, accompanied by warnings to drivers about reduced road safety due to the rain and wind, amidst ongoing local and Israeli movements in the area.
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