The Treasury Department said Banque Misr's UAE branches had processed over $1 billion for Iranian shadow banking networks.
Read the full story at Al-monitor →RiyadhCargo.com is a news monitoring service — the full article is published by Al-monitor and opens in a new tab.
Move comes as Washington steps up its efforts to economically pressure Iran amid deadlock in truce talks.
The US-Israeli bombing of Iran became a fight for the Strait of Hormuz. AJLabs counts the cost of the war.
By David Lawder ASHEVILLE, North Carolina, Aug 30 (Reuters) - U.S. Treasury Secretary Scott Bessent faces a major test of his economic diplomacy skills this week as he presses finance leaders from…
Iranian Parliament Speaker Mohammad Bagher Qalibaf on Saturday rejected US Treasury Secretary Scott Bessent’s claims that Washington’s blockade and economic measures would crush the Iranian economy,…
By Julia Harte Aug 29 (Reuters) – Since the United States went to war with Iran six months ago, Courtney Sanders has been helping soldiers’ families fill the gaps left by their...
By Eman Abouhassira, Yasmine Ghania and Ahmed Tolba DUBAI/CAIRO, Aug 29 (Reuters) - Iranian leaders are acknowledging the economic toll of war with the U.S., with the supreme leader urging the…
The Morning Manifest
One briefing, every morning at 07:00 Riyadh time — the cargo and freight stories that matter across the Kingdom and the region.
