U.S. Sanctions Egyptian Bank Branch in Dubai
Reports indicated that the Royal Oman Police participated in the meeting of the Passport and Residency Development Team of the Gulf Cooperation Council, which was held at the Secretariat General's headquarters in Riyadh. The report also mentioned that the U.S. Treasury Secretary referred to sanctions imposed on branches of an Egyptian bank in Dubai, which will be closed after transferring over $1.8 billion to Iran. The U.S. stock and gold markets experienced a decline in response to the Federal Reserve's decision, while the Sultan extended congratulations to the President of Mexico on the anniversary of her country's independence.
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