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Banks evacuate, close offices in Qatar, Dubai after Iran threatens attacks
Banks including Citi and Standard Chartered evacuated Dubai offices following Iranian threats targeting US and Israeli economic interests amid escalating regional conflict.
- On Wednesday, major banks evacuated staff from Dubai after Iran threatened American and Israeli economic interests; Citigroup evacuated three UAE offices and shifted to fully remote work while Standard Chartered, Deloitte and PwC also closed or evacuated Dubai offices.
- The move comes after Wednesday, when Iran's Khatam al-Anbiya said 'the enemy has given us free rein to target economic centres and banks belonging to the United States and the Zionist regime.'
- Citigroup said it continued serving clients while prioritising colleague safety, and reported colleagues were accounted for after evacuations, according to representatives.
- Evacuations in Dubai's DIFC and Oud Metha hit a hub hosting more than 290 banks and around 500 wealth management firms, while HSBC closed branches until further notice.
- Goldman Sachs told regional teams to work from home, citing employee safety, as firms activate remote operations following Iran's threats and US strikes on Feb. 28.
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Iran led new strikes in the night from Wednesday to Thursday across the Gulf, especially in Dubai. The guards of the revolution are threatening to attack technological and economic infrastructures.
Companies evacuate Dubai financial district after Iran threats
US group Citi, consultancies Deloitte and PwC and other firms in Dubai have closed offices or asked employees to evacuate Wednesday after Iran threatened US and Israel-linked economic assets in the Middle East. The evacuations at the heart of the Middle East's financial hub come as the Gulf but especially the UAE has borne the brunt of Iran's attacks in response to US-Israeli strikes. Iran's military threatened on Wednesday to attack US and Isra…
·London, United Kingdom
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Coverage Details
Total News Sources28
Leaning Left5Leaning Right4Center8Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
L 29%
C 47%
R 24%
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