Only one event directly related to the UAE was recorded this period. The U.S. Treasury imposed sanctions on the UAE branches of Egypt's Banque Misr, alleging they processed $1.8 billion for Iran's shadow banking network. The UAE central bank subsequently announced an investigation into the matter.
- The U.S. Treasury sanctioned Banque Misr's UAE branches for allegedly processing $1.8 billion for Iran's shadow banking network, marking the first time an Egyptian bank has been blocked from dollar access.
- The UAE central bank announced it will investigate the sanctioned branches.