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Cairo-Abu Dhabi Measures to Contain Egyptian Bank Crisis
The article discusses the actions taken by Egypt and the UAE in response to the crisis involving the Egyptian Bank branch in the UAE, which is accused of having financial ties with Iran. It examines how the authorities in both countries are responding to the American investigations in an effort to contain and quickly resolve the crisis. Officials emphasize coordinated efforts to implement necessary measures and review banking transactions, while expectations suggest that these actions are aimed at putting pressure on Iran and avoiding comprehensive sanctions on the banking sectors of Egypt and the UAE.
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