🇦🇪 UAE Central Bank Probes Banque Misr, The Wizard Liz Praises UAE Laws & Weekend Shenanigans

Author

Augustus Media FZ LLC
August 30, 2026

Going back to work after a long weekend is HIGHKEY the hardest thing ever! 🥲🥲

NEWS

🏦 UAE Central Bank Orders Urgent Probe Into Banque Misr Branches Following US Money Laundering Warning

  • The Central Bank of the UAE (CBUAE) has ordered a special and urgent examination of Banque Misr's branches in the country, a day after US authorities proposed a measure against the Egyptian lender over concerns it poses a money laundering risk.

  • On August 28, the US Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) proposed a rule that would revoke Banque Misr's UAE branch's correspondent banking access to US financial institutions. The move falls under Operation Economic Outcast, an initiative the US Treasury has tied to efforts targeting Iran's financial networks.

  • US Treasury Secretary Scott Bessent said the department was continuing efforts to sever economic access points linked to Iran, describing the action against Banque Misr's UAE branch as an initial step in a broader accountability effort.

  • In a statement, the CBUAE said it had reviewed the notice issued by US authorities identifying Banque Misr's UAE branches as a financial institution of primary money laundering concern operating outside the United States

  • The regulator said Banque Misr's UAE branches remain subject to the laws and regulations in force in the country. It added that banks licensed in the UAE are expected not to expose the UAE's financial system to reputational risk, and that lenders must comply with the laws of the countries whose financial institutions they use to conduct transactions.

SHARABLES

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COMMUNITY

❤️ The Wizard Liz Speaks Out On UAE Divorce Laws After Reuniting With Her Son In Dubai

  • Popular content creator and influencer The Wizard Liz has opened up about her recent personal journey, shedding light on how the UAE’s legal system protects mothers during divorce and child custody proceedings.

  • After successfully reuniting with her son in Dubai, Liz shared her experience in a candid livestream, expressing how secure and supported she feels under local regulations.

  • The influencer had previously set a firm deadline, demanding the return of her son before the end of August, a resolution she has now achieved.

  • Her story has sparked a wider conversation online about the reality of family law, custody rights, and maternal protection within the region.

  • For many expat families and observers, navigating legal frameworks during a separation can seem daunting. However, the UAE’s legal infrastructure is specifically designed to balance traditional values with modern civil standards:

  • The UAE operates a legal structure that blends civil and secular regulations alongside Islamic Sharia principles.

UAE Division 2 Football Is Back This Weekend – Here’s Every Fixture 👋🏻

  • UAE Division 2 football is back this weekend, with seven matches kicking off the new season across three nights 😍

  • From Friday to Sunday, teams will take to pitches across the UAE, and whether you’re heading down to watch in person or following from home, every match will be streamed live on Smashi TV.

  • The opening night brings three fixtures, starting in Ras Al Khaimah before the action continues in Sharjah and Dubai 🇦🇪

Two OPM Legends Are Coming To Dubai For One Massive Night 🎶🇵🇭

If Original Pilipino Music has been the soundtrack to your life, clear your calendar for August 30 because two of the biggest names in OPM are heading to Dubai. Ely Buendia and Chito Miranda are taking over Coca-Cola Arena for one huge night of live music, nostalgia and all the sing-along moments.

Ely Buendia will bring his solo music alongside the iconic tracks that made Eraserheads one of the most influential bands in Filipino music.

Meanwhile, Chito Miranda will perform his solo catalogue as well as crowd favourites from Parokya ni Edgar. So, yes, you’re getting two complete performances in one night, with both artists bringing their own bands, production and setlists. Whether these songs were the soundtrack to your childhood, your university years or simply your favourite OPM playlist, expect a night packed with anthems, emotional moments and plenty of very loud singing. For Dubai’s Filipino community, and anyone who loves a good live music night, this is one to have on the calendar.

📍 Where: Coca-Cola Arena

📅 When: Sunday, August 30

🎟️ Tickets: From AED199 to AED375

Tickets are on sale now via Coca-Cola Arena.

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COMMTEXT

👀 Out of Commtext

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MERCH

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VIDS

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