Citibank Scales Back UAE Operations Amid Regional Security Concerns
Citibank has temporarily closed most of its UAE branches through March 14 as a safety precaution amid rising regional tensions, with only its Mall of the Emirates branch remaining open. The move follows widespread evacuations by international banks responding to escalating geopolitical risks. Citibank has announced the temporary closure of most of its branches and financial centers across the United Arab Emirates, a precautionary step taken as geopolitical tensions intensify in the region. According to the bank’s website, the closures will remain in effect through March 14, with normal operations expected to resume on March 16. The only exception is the Mall of the Emirates branch in Dubai, which will continue serving customers during this period. This decision comes as several global banks—including Standard Chartered and HSBC—evacuate offices and shift employees to remote work following warnings from Iran about potential threats to Gulf-based financial institutio...
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